- There's two very polarizing opinions on dropshipping.
Some people say it's oversaturated,
while other people swear by it.
But let me tell you, that in 2020,
the global dropshipping market size reached a $128 billion.
That's a lot,
but guess how much it's actually projected to reach in 2026?
$476 billion.
Insane, absolutely insane.
So you know what that means for you?
That means that you are just as capable as anyone else
to claim your piece of the $476 billion pie.
So if you're a beginner,
you're gonna learn what dropshipping is,
how to start dropshipping with Ali Express and Shopify,
and at the end of this video, I'm gonna let you in
on what are the hot products to dropship in 2023.
This is the ultimate beginner's guide
for dropshipping in 2023, so buckle in and let's do it.
Hey guys, what's up?
Welcome back, and if you're new here, welcome.
My name is Michelle Bali, I'm a creative strategist,
and I'm your host for today's video.
Now, this channel that you're on,
this channel right here is called Learn With Shopify.
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in order to start, run and grow an online business.
If you like dropshipping, if you like this channel,
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Okay, let's get into it.
What is dropshipping?
So dropshipping is a low risk, low cost way
of running an e-commerce business.
Let me explain.
Let's say you wanted to open up an online store.
One route that you can go is go to a manufacturer,
get a custom product made,
pay a bunch of money for inventory,
and keep that inventory maybe in your basement somewhere,
and then you open up an online store
and then you ship orders from your house.
That's one route, right?
Another route is you can go to the dropshipping method.
With this method,
instead of creating a product from scratch,
you work with a supplier to choose products
that they already have in stock,
and you just simply make them available on your store.
So to do that, the first step,
you would make an e-commerce store,
you would link your supplier's products on your own store,
then you would advertise your products
through ads and social media
and then you would start getting orders.
Once a customer places an order from you,
it's the dropshipper that gets notified.
So the dropshipper will get your customers' orders ready
in their warehouse, ship it out,
and let your customers know
that their products are on the way.
So essentially, the dropshipper is responsible
for sourcing the product, fulfilling the order
and shipping it out to your customers.
That first method we talked about,
you're responsible for literally everything end-to-end.
But with dropshipping, all you're responsible
is making sure that A,
you've chosen a good product in the first place,
B, advertising your products,
and also dealing with customer service
and the operations of your e-commerce store.
So now you're probably wondering,
"Well, why wouldn't everyone
just go the dropshipping method if it's so easy?"
So there are pros and there are cons to both.
The cons of dropshipping.
You have less quality control over your products.
That's because your suppliers are the ones
who are doing the quality control on each product
and package before it goes out.
Another con is that you may have
a hard time selling a product that is truly innovative
and that no one else has,
because your supplier likely has other clients
that they're selling to,
whether it's the same or similar products,
and that also means more competition.
All right, so let's move on to the pros of dropshipping.
So first of all,
you can get your e-commerce site set up really quickly
within a few clicks, which is amazing.
Another thing I love is that you can easily test products
and suppliers with no commitment.
Also, dropshipping means less work for you,
because you're not gonna have to ship every order.
And it also means less risk,
because you're not gonna need to pay
any money upfront in inventory.
You're only gonna need to pay for the cost of products
as the orders come in in real time.
Another thing is that you don't have to hold any inventory,
which means you're not gonna have a million boxes
in your living room, which is great.
So this next one can be a pro or a con,
and that is you're only as good as your supplier.
So let's say they're amazing
and they're on time with every order, then you're good.
But if they're experiencing delays
and half the products they ship are broken,
then it's actually your business that's gonna suffer.
How to dropship?
Here's how to get started with dropshipping
in 2023 in seven steps.
So first step, do research
on your dropshipping business idea.
You're gonna do research on a niche you're interested in
and find out how profitable it can be.
So here are some tools to get you started with that.
Google Trends, guys, Google Trends can help you determine
if a product is trending upward or downward.
DSers, guys, DSers order volume will let you search
for products based on order volume
to see how in demand your business idea is.
Use a competitor's spy tool, something like SimilarWeb.
It's gonna allow you to go on your competitor's websites
and see how much traffic they have
and who their competitors are.
So step number two is to choose a dropshipping supplier.
So at this point,
you've vetted what products are profitable.
Now, you wanna make sure
that you find a dropshipping supplier
that is gonna give you high quality service
in order to grow.
Like I said, your dropshipping business
is literally as only as good as your supplier,
so you wanna make sure that you're doing this right,
because this step is really important.
All right, so let's head over to Ali Express.
So Ali Express is one of the most popular marketplaces
for new and experienced dropshippers.
It's gonna allow you to easily find
any type of product from fashion to toys.
And with Ali Express, you have access to tons
of dropshipping suppliers from all over the world.
Ali Express is known for their inexpensive products,
which is great news for you,
because as a reseller, you'll be able to mark up the price
and sell it to your end consumer
to be able to make a profit.
Choosing to dropship from Ali Express
means there's no upfront costs or fees,
so you can test out products in your store
without any financial commitment.
So if you wanna be able to add Ali Express products
to your Shopify store in one click,
you're just gonna download a Shopify app, called DSers.
This app is free and integrates easily
with your Shopify store.
After you download this app,
you're gonna wanna vet suppliers
based on their product quality and shipping time
and their reviews.
I would recommend that you order some products
before you actually sell them,
to be able to get a better feel for the products quality
and their shipping time.
So the next step is you're gonna build
your e-commerce store, right?
You've got your products, you've got your suppliers,
now you need to build your e-commerce store.
Your e-commerce store
is where you're gonna send your traffic,
you're gonna sell those products and process payments.
Now, I'm 100% certain that I'm being biased when I say this,
but Shopify is the best place
to build an e-commerce store, hands down.
Even when I'm not on a Shopify YouTube channel,
I recommend it to my clients that are just starting out,
because A, it's inexpensive,
B, it's easy to use,
and there's a million apps that you can choose from.
So I personally just think it's the best.
I would recommend you start with a free trial.
I will link that for you guys in the description
and then once you have that, start with a free theme.
After that, you're gonna choose a domain.
You're gonna give your store a name,
and then you're gonna download that DSers app
that I was telling you about.
I would also add in some apps
like OneClickUpsell and Klaviyo just to start,
but basically that's an overview.
If you wanna learn how to set up
a Shopify store from scratch,
then check out this video right here,
that's gonna get you sorted.
Also guys, we offer a totally free e-commerce course
that's designed to help you get your store
up and running very quickly.
Even if you have a low budget or you're a total beginner,
this course is gonna be perfect.
So if that's something that you are interested,
I will leave a link for you guys
in the description box below as well.
And all you have to do is sign up with your email
and you're gonna have full access.
So I'll leave that for you guys in the description box.
So the next step is to market your dropshipping store.
Now, with so many things about dropshipping being automated,
you can spend time focusing on marketing
and promoting your business.
A good marketing strategy is gonna set you apart
from all that competition in dropshipping
and it's gonna help you make sales.
So here's how to advertise your dropshipping business.
All right, number one, run paid Facebook and Google Ads.
Now, you might be thinking,
"Well, I don't really have money for ads,"
but think of it this way, spend the money on ads
that you would've otherwise spent on inventory.
The reason is because Facebook ads are scalable
and if you have a really good ad specialist
that knows what they're doing, ads can be that key
that helps blast your business to the moon.
Number two, get into influencer marketing.
As a new dropshipper, you may have a limited budget
to market your business, right?
Influencer marketing can be an affordable way
to reach your target audience,
because people tend to trust influencers
more than traditional advertising.
So if you go this route,
keep in mind that this is a strategy
that works most at scale.
Number three, start content marketing.
Write blog posts, film YouTube videos
or get your products featured on podcasts.
My tip here is make sure that there is a call to action.
I actually have a client that gets thousands of views
on this one blog post,
but he forgot to put in a call to action
so he didn't sell any products.
So make sure that you're using up to 30%
of your content marketing to sell products.
You guys are interested to hear
what the dropshipping products are of 2023,
so here is a rapid fire
of some of the best products to sell.
Now, we're gonna be shouting out
some other creators here on YouTube,
and if there's anything
that catches your eye from this list,
make sure that you're heading over to their channel
to check out their thoughts in full.
So according to Tan,
he's a dropshipping expert here on YouTube,
some of his top picks for 2023 are,
first of all, a digital measuring spoon,
heated gloves to keep your hands warm in the winter,
a windshield de-fogger, a Dyson Airwrap
or knockoff or a bootleg version,
whatever you want to call it, and that's his list.
Now, according to AC Hampton here on YouTube,
some of his favorite products to sell in 2023
are a back and body shaver for men.
Very useful.
A portable stool, it's really giving waiting in line
for a Supreme drop, if you know what I mean.
A desktop support wrist pad and a menstrual relief pad.
And those are his picks.
So if you liked either of those YouTubers' picks,
make sure that you head over to their channels,
because I'm gonna link those videos for you guys
in the description box.
If you wanna start your dropshipping empire,
you could actually start your store right now for free.
Shopify offers a free trial for three days,
no credit card required,
so I will leave that link for you guys right over here.
What niche are you guys planning to tackle?
And if you're brave enough,
tell me what product you're gonna sell.
I wanna hear it.
Leave that in the common section below.
Thank you guys so much for tuning into this episode.
Loved hanging out with you.
If you are new here, don't forget to subscribe,
because we are a channel that helps you start,
run and grow an online business.
Hit that like button, hit that notification bell
and I will see you guys in the next one.
Bye.