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I just recently got a Reddit account and joined this sub, and I've been seeing a whole lot of hate towards the dropshipping model. I understand to some extent—it's a flashy trend that ecommerce platforms and business "coaches" use to get some folks hyped on a get rich quick scheme. Seems like a lot of people get tricked into thinking that dropshipping is the secret to easy passive income with little to no effort put in. But does that mean it's necessarily a bad idea to use it?
I've been interested in starting an online store that uses dropshipping. I would be entering into a pretty active, yet fast-growing market. My product is niche to an extent, but not groundbreaking or super unique, and I hope to use some decent targeted marketing to access some of the demand that has already been demonstrated to exist. Does anyone think I should avoid dropshipping altogether and look for a more sustainable business model, where I control more variables? Any positive stories from dropshippers?
Why Ysk: dropshippers have been taking over the site, scamming people and overcharging.
This list is by no means complete nor foolproof! But I've been buying from Etsy for years now & it has worked like a charm. So it might be helpful for you too:)
Something to always keep in mind when buying from small shops is: is it possible that a small team of 1-4 people can do all this handmade crafting?
Other things that make me wary are:
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The shop has over 50 items so sell, at all times, and you can buy multiple from the same item. (Of course excluded are items that they make to order aka don't have it in stock but create it on demand)
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They sell over 40+ products a week seemingly without issue. (Again excluding things like products made with the help of lasercutter, printers etc.)
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It's cheap. If you want actual handmade jewelery, it most likely won't be under 200$. In fact even that is dirt cheap and should make you wary. Actual handmade jewelry will cost you up to 2.000$. (We are talking about silver / gold that require a smith. Items made from wood/polymer clay will of course be cheaper)
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REVERSE IMAGE SEARCH!!!
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Check the reviews that have pictures of the products. If it's actually handmade there should be slight variables.
Hope that helps! If anyone has other tips & tricks please do tell!