- #1
Thread Owner
: Xtynehappy
Like any other type of businesses, dropshipping is the business model that involves the selling of one's products under your brand. What are the key factors required for one to succeed on that.
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What are the key factors to consider when dealing with the dropshipping kind of business?
- Thread starter Xtynehappy
- Start date
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You either need a huge social media following or a lot of money to run ads. You need to be digital marketing wizard
You need to be aggressive with marketing to help you be able to make money as you should
Like any other kind of business, dropshipping really needs one to have a high competitive market for them to succeed in that industry.
I don't run a drop shipping business but mostly I see people talking about the amount of social media followers you have and how to promote it in social media
Dropshipping is not a product sales model with your brand, but you are only an intermediary to sell other people's goods or suppliers, you also do not have stock, usually you only receive a commission from the supplier.
- #7
Thread Owner
: Xtynehappy
What is the difference then between affliate marketing and dropshipping?
The main difference between dropshipping and affiliate marketing is, where the dropshipper can determine a reasonable product price and make a profit, while affiliate marketing only does sales promotion with links or banners and will get a percentage of commission for each product sale.
Social media is key. You have to have a huge following and master the act of turning followers into buyers.
