How to Start Dropshipping Like A Pro In 2024

If you plan to change career paths or seek new ways to make money online, you've likely come across several articles praising the virtues of dropshipping. Many online entrepreneurs pick dropshipping mainly due to the low costs of setting up such a business. But this doesn't mean it's an easy way to make money, as it's a path filled with many challenges.

At TVCMALL, we encourage our customers to try out dropshipping and to build successful businesses so that they can THRIVE! But we're also aware of the many day-to-day challenges that dropshippers face when trying to build profitable businesses. Below, we offer several handy tips to help you navigate the dropshipping landscape like a pro. 

 

Can You Make Money Dropshipping?

Yes, you can make money from dropshipping. But you must take it seriously and work on your business every day. Even if you're not earning much during the first couple of weeks or months, you must persevere and make the necessary adjustments to your business to make it profitable.

One of the drawbacks of dealing with B2B dropshipping suppliers is that you have to contend with low profit margins of approximately 20%. Furthermore, you'll have input costs like advertising, website maintenance, and office expenses. Covering all that while trying to launch a fledgling enterprise may seem overwhelming, and this is when many first-time B2B dropshippers often quit.

 

Dropshipping: How Does It Work?

To pursue dropshipping, you must register as a business and partner with a B2B dropshipping company. For the latter, you must sign a legally binding agreement. Be wary of dropshipping companies that don't provide legal agreements or have poorly worded agreements that are difficult to comprehend. 

You will also need an e-commerce website where customers will see the products and order them. Once you receive orders, you will forward these to the dropshipping company to handle fulfillment. You don't have to handle physical products, so you can operate your dropshipping business anywhere. 

 

Best Website for Dropshipping

All too often, newcomers to dropshipping will set up accounts with Amazon. But this isn't such a good idea, given that Amazon is known to suspend or ban accounts for the slightest violation of their rules. Anything from displaying out-of-date prices on your website to cloaking your Amazon links will have your account suspended or banned. 

Worse still, if you don't generate sales in 90 days, you'll get kicked out of Amazon's affiliate program. Due to these factors, many dropshippers have jumped ship to AliExpress and eBay. 

But a growing number of savvy dropshippers are opting to work with TVCMALL. With our wholesale and dropshipping experience dating back to 2008, we offer a beginner-friendly entry into this business. We stock over 850,000 products and also offer fast shipping to deliver these products to your customers within three days. Once we ship an order to your customer, we will provide you with logistics information and a tracking number. 

Moreover, our application programming interface (API) integrates seamlessly with your platform or e-commerce store. Whether you're using Allegro, TikTok, or WooCommerce, our technical team will help you integrate our API. 

 

Wholesale with Dropshipping

Wholesale and dropshipping are different activities, but it's possible to do both if the vendor allows it. If you're seeking lower prices, wholesale dropshipping makes sense if you have an established customer base for a specific product line. 

A growing number of China dropshipping wholesalers cater to such market demands. Be aware that when you drop ship B2B at a large scale, you must pay upfront for these larger orders. However, if you build trust with the wholesaler, you can negotiate more favorable terms for your large-scale dropshipping orders. 

 

How to Approach Dropshipping Wholesalers

Always check that you're dealing with a reputable wholesaler by reading reviews left by other customers. Also, check their website thoroughly to assess the product range, quality, and pricing. If you have any questions, contact them via their customer service.

If they respond quickly and courteously, that's a good sign that you're dealing with professionals. But you can engage with them further by letting them know what type of dropshipping business you're trying to build. Always be courteous during your communications, and be willing to listen to their advice. 

Not all wholesalers will be willing to work with you but don't let that dishearten you if you receive a negative answer. Continue searching for a wholesaler willing to build a mutually beneficial business relationship with you.  

 

Start Your Dropshipping Journey Today!

Dropshipping is one of the most exciting and least risky ways to earn money online in 2024. There's hard work involved, and you'll need to become a proficient online marketer to generate interest in the goods you'll be dropshipping. But once you manage to do that, you'll have a business that generates a respectable income almost effortlessly.