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Dropshipping

How to Create a Dropshipping Business Plan

Posted by Lilla Stefanovszky | October 25th, 2021
When thinking about starting an eCommerce business, it’s crucial for you to understand all the business models available at your disposal and, of course, create a business plan. Dropshipping has gained significant attention in the past years, and, currently, close to one-third of online stores are operating based on the traditional or reverse dropshipping model. According to Google Trends, the dropshipping trend is on a constant rise. This signals that, although dropshipping is a successful and attractive way of doing business for eCommerce entrepreneurs, the dropshipping market is becoming more and more competitive. trends.embed.renderExploreWidget("TIMESERIES", {"comparisonItem":[{"keyword":"dropshipping","geo":"","time":"today 5-y"}],"category":0,"property":""}, {"exploreQuery":"date=today%205-y&q=dropshipping","guestPath":"https://trends.google.com:443/trends/embed/"}); The reason for this is that we’re all connected worldwide, so it takes a little for a business idea or a strategy to get widely known and hyped around the world. This was the case with dropshipping as well. When eCommerce entrepreneurs started discovering dropshipping, it allowed them to make huge profits relatively fast due to the low initial investment required and the competitive edge that this new business model offered. But despite the fact that these days this eCommerce method is highly competitive, dropshipping is still worth it and profitable if done right. This is exactly why you need a stellar dropshipping business plan to drive your store to success. To understand the concept of dropshipping and how you can create an effective dropshipping business plan, read this article for a detailed guide on the subject.

Dropshipping

30 Best eCommerce and Dropshipping Subreddits to Follow in 2024

Posted by Dimitar Alimaskoski | October 22nd, 2021
Being part of something always comes as a benefit if you have your own business in the eCommerce or dropshipping segments. Connections are always valuable in terms of learning new things, broadening your perspectives, and moving closer to successful outcomes. Therefore, entrepreneurs need to step up the interaction game and use networking as a tool to further expand their knowledge or provide knowledge to those that are in need of it. Nowadays, there are multiple platforms that serve as connection hubs for entrepreneurs such as social media groups. In fact, social media platforms such as Facebook, Instagram, and LinkedIn are all used as anchor points for entrepreneurs, and apart from their use as promotion tools, these services can come in handy for connecting, learning, sharing new experiences, and everything related to networking. In this article, we will mainly focus on one of these platforms that serve as an aggregator of social news, rating web content, and holding discussions: Reddit. Reddit is a network that incorporates many smaller communities called subreddits where people join to dive into their interests, explore new ones, and be part of their favorite topic’s dissection. Apart from hobbies and interests, people come to Reddit in order to discuss business, knowledge, and other things that might help young entrepreneurs in their future endeavors. As the main motto of this platform says: Dive into Anything, let’s now dive into the world of subreddits related to eCommerce.

eCommerce

How to Excel in eCommerce Email Marketing

Posted by Lilla Stefanovszky | October 20th, 2021
ECommerce email marketing is a powerful marketing tool that you can utilize as an eCommerce business owner to drive sales to your store. ECommerce email marketing is defined as a sales and marketing strategy when a business is sending promotional emails to its audience to encourage conversation, inspire, increase engagement, and keep its customers up to date on the brand, and with that, implement the 5cs of marketing.

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