It seems that the world is going through a series of crises, most importantly COVID-19, with a visible impact on businesses around the globe. In the dropshipping community, both experts and practitioners are asking questions like:
- Is Dropshipping Alive Anymore?
- Is Dropshipping Still Profitable?
As the Dropshipping business is all about delivering goods from one region to another, the risk of COVID-19 is great enough to limit the movement of goods, thereby impacting the business. However, this might not be the only blocker to the success of the dropshipping business.
It is widely believed that the dropshipping business is saturated and has reached the point where you cannot make good money anymore.
The main problems that people generally have with an e-commerce dropshipping model:
- Product delivery may take several weeks = unhappy customer
- Usually, only unbranded products are available
- No control over your service
- Chinese products and packaging = perceived cheapness / low quality
- Returns and refunds take too long.
Based on the above points, it can be assumed that dropshipping is not really the brilliant business model of the e-commerce world.
Alternatively, it can be easily argued that dropshipping is not dead. Yes, that’s right. And you won’t claim this without supporting evidence. So let’s not throw ourselves into the head of the reasons for caring for those who still need dropshipping as a good deal in 2020 and beyond.
In the past couple of years, the dropshipping model of business has seen a huge rise. With so much awareness and knowledge in the palm of our hands, the world has become a global village.
For a person who shows interest, it’s not difficult to start a business of any kind. And since dropshipping has been all the rage for many years now. Too many people have started doing dropshipping in the past couple of years. And that, without a doubt, has made dropshipping too competitive to sustain on a small scale.
This is one of the primary reasons why people don’t consider dropshipping as a great business model to start with and even go as far as claiming that Dropshipping business is dead.
News: Dropshipping will not die!
This is a five year trend for the word Dropshipping and the graph clearly shows the rise in Dropshipping. At the start of 2020 a clear upward spike was seen which means this year could have shown a major rise in dropshipping business.
However, due to COVID-19 a downwards spike can also be seen in the month of March-2020. Now again, the spike has gone upwards and has achieved the highest volume on keyword ‘Dropshipping’ which is a clear sign that Dropshipping business is alive and growing.
