What is dropshipping
Dropshipping is a business model in which the owner of an online store offers products online without any stock. When a customer places an order, the package is sent from the supplier itself. This reduces costs, so you can save on costs for storage and logistics. It is also better for the environment.
Why has dropshipping become so popular?
Since the outbreak of Covid-19, making money online has become extremely popular. Many people can't work from home or the company they work for is unfortunately (temporarily) closed. Because of this, many people have started looking at the ways to make money online. One way to run your own business online is dropshipping.
Dropshipping is often known as the business model where you can earn money quickly and easily with the aim of being financially free. Freedom is the new success among young entrepreneurs. Working independently of time and place; these characteristics are typical of the dropshipping business model. In recent years, this business model was easily accessible and there were few competitors on the market. Today there is a lot of competition in this market. Is it still profitable to start dropshipping in 2023?
Can I still earn money with dropshipping in 2023?
The dropshipping business model will always remain profitable, also in 2023!
E-commerce sales revenue continues to grow every year as consumers increasingly buy their products online. The turnover of total online sales in 2020 is estimated at € 717 billion. Suppose you only take 0.01% of that, then you will never have to work again within a few years!
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What will change about dropshipping in 2023?
Starting a dropshipping business and earning money online is becoming increasingly difficult. This is because there is a lot of competition between dropshippers on the online market, and online sales channels such as Amazon.nl and Bol.com are also increasing.
Selling products via aliexpress will soon become more and more difficult. Customers will no longer buy from webshops that cannot deliver within 1 day. You can prevent this by Dutch suppliers or have your product shipped via a department store in the Netherlands.
Are you looking for a reliable supplier? Compare the providers at Service Points .
Are you looking for a reliable supplier? Compare the providers on Service Points . Dropshipping via Aliexpress is also made more difficult by the new import tax rules. Normally you don't pay an import tax for a purchase under 22 euros on Aliexpress. However, this will change from July 1, 2021. As a result, all dropshippers have to pay import duties on all packages that arrive in the EU, even under 22 euros.
So will dropshipping still be profitable in 2023?
Due to the increasing competition you will have to excel with your dropship store in 2023. It can still be profitable. You can increase the chance of profitability by adding value for the customer and distinguishing yourself from the competition. It does get a lot more difficult, but as an entrepreneur you just have to keep adapting and learn to deal with the changes well. Dropshipping will still remain a profitable business model within E-commerce in 2023!