3 Habits That are Holding Your Dropshipping Business Back
Drosphipping is a convenient business model that
allows you a high level of flexibility. You can work anywhere and anytime you
want because all you need is your computer, a phone, and an internet
connection. It’s also less expensive than brick-and-mortar retail because you
do not need to pay rent for a physical space, keep the lights on, and other
associated costs.
However, just because dropshipping is easier to
start than other kinds of retail or ecommerce does not mean that the process is
a breeze. There are still hurdles you need to navigate, such as marketing,
dealing with unhappy customers, communicating with vendors, and more—much of
which is difficult because products never actually pass through your hands.
Is dropshipping not everything you imagined it
would be? Here are a few habits that might be holding your business back:
You are procrastinating
Just because you can work whenever you want to
does not mean you can put off everything you need to do. Working from home can
have its distractions, and digital nomads obviously face the challenge of
balancing work with exploring. You might feel stuck in a cycle of, “Oh, I have
time,” “Wait, now too much time has passed, and now I can’t focus, and I’m
feeling guilty,” and “Now I’m not in the right mood, I had better do this
later.” Some people find it hard to exercise discipline when they have so much
flexibility and no one holding them accountable.
It’s also possible that you are feeling
overwhelmed. Between managing social media, SEO, and communicating with customers
and vendors, there’s a lot on your plate. If you are new to the dropshipping
world, you might even be nervous to contact both of these parties because you
are afraid of rejection and complaints.
So how do you manage these feelings? Drop Ship Lifestyle instructs
you to ask yourself what your highest priority is: “Learning new techniques is
a good thing. Learning how to be more productive is a good thing. But those
good things should not be more important than the items on your to-do list.
Don’t procrastinate getting dropshipping suppliers. Don’t procrastinate filing
your taxes… High priority items come before the little things.”
So, what are your priorities? Start with the
most urgent item on your to-do list to your momentum rolling and go from there.
If you are procrastinating because you dread doing specific things,
entrepreneur Tim Denning recommends asking yourself,
“What’s the worst thing that can happen?” You might disappoint a few clients or
have unpleasant conversations with suppliers, but these things are
remediable—nothing life-threatening.
You’re overly relying on one supplier
One thing that might be holding your home ecommerce business back is that you are
relying too much on a sole supplier. Sure, their rates might be incredible and
you have a good relationship with them, but you are subject to whatever happens
to their business. If there are delays with shipping, you have no one else to
turn to if you need to deliver a replacement product to a customer. If there is
a technical difficulty at their manufacturing site, then it looks like your
customers aren’t getting what they ordered until its fixed. If your supplier is
overseas, then customers might grow impatient with waiting several weeks for their
packages to arrive.
Always partner with more than one vendor. Not
only can you sell a wider variety of products, but your business is also less
dependent on another,
You’re not branding
What little work dropshipping requires in
getting your online store up and running, you make up for in marketing. People
cannot exactly window shop with ecommerce, so capturing consumers’ attention
means you need to reach out to them and make yourself visible when they search
for related topics to your niche. You are already purchasing products from your
suppliers for less than what you are charging customers, so you need to give
them good reasons to go through you instead the source—and much of this lies in branding (it’s possible that you
are also competing with other dropshippers who sell the same products from the
same manufacturers).
Do what you can to improve your search engine
optimization. Use social media to its full advantage: post intriguing content,
follow other people, like posts, respond to comments, re-share user-generated
material, and more. There are online resources if you need to get Instagram
followers quickly to boost your reputation, and it’s wise
to leverage analytics tools that can help you adjust your strategy according to
what is working well. Give your store a distinct persona that people trust.
Dropshipping is easy to get started, but it’s
not always a smooth road. What habits are holding your business back that you
are trying to work on?
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