2021 Dropshipping Trends That Can Lead to Overnight Success

The main reason why many people don’t succeed with their dropshipping business is that they don’t implement the most profitable practices. However, there are certain trends that can lead to overnight profitability when effectively used. Some ecommerce entrepreneurs go into this industry and start making a lot of money. Many others may wonder what they’re doing wrong as they experience disappointment from the start. We’ll go over some of the biggest 2021 dropshipping trends to help your business excel.

The Importance of Subscriptions

One of the key 2021 dropshipping trends is the use of subscriptions. So many dropshippers fail simply because they’re not incorporating subscriptions into their business model. The advantage of a subscription is that it provides consistent, predictable revenue that can compensate for other less reliable sales. If you can get dozens or even hundreds of people subscribing to your business every month, that’s free revenue that you can get right from the start.

The subscription box industry is only going to continue growing: A McKinsey study found that the industry went from $57 million in 2011 to over $2.6 billion in 2016, a tremendous growth within a mere 5 years. Since then, the market has expanded to over $10 billion as of 2019. 

One of the clearest 2020 and 2021 dropshipping trends is that subscription boxes are extremely lucrative. The problem that a lot of people have is deciding what to include in their subscriptions. This keeps them from implementing them. The fact is that all you need for a successful subscription is a solid value offer. 

In short, as long as the value of the box outweighs what your customers actually pay for it, your subscription will likely succeed.

Start by Googling Your Niche

Many of the top 2021 dropshipping trends are rooted in good research. You can begin building your subscription by searching for similar boxes in your niche. All you need to do is go to Google and type “subscription boxes,” followed by whatever topic you want to cover. For instance, you could search for “subscription boxes survival” to find boxes in the survival niche. These boxes would include various types of survival gear. If there aren’t many options to choose from, you may need to target another niche. But the more results you see for your search, the more lucrative the opportunity will be.

Keep a lookout for PPC ads in the top results for a given niche. This indicates that businesses are making enough money in that niche to spend on high-ranking search ads instead of relying on organic search results.

Once you’ve found other subscriptions in your industry, the next step is to find out what other sellers are doing to succeed with these boxes. Visit their websites and take a look at their products and overarching themes, along with the packaging. You’ll want to find out what kind of value these businesses are bringing to customers, which you can then adapt for your business. You can gain key insight into 2021 dropshipping trends from your competitors.

Highlight the Value Included in Your Physical Subscription and Make That the Focus

Screen grab of Peter Pru discussing how to position subscription box pricing

When selling any kind of physical subscription box, it’s important to detail the value included with each box. Also, include how much the customer is saving with the subscription. 

Ultimately, value supersedes perfection with every subscription box. While many may perceive perfection as worth striving for with every shipment — by optimizing presentation to complement the value of the products — this can actually hinder rather than help your business. Unfortunately, many businesses fail because they spend too much time on making their subscription boxes perfect when they should actually be selling. People care about what’s included in the box, not the box itself, so don’t waste too much time on pretty packaging and other aspects of presentation when contents matter most. Once you’ve gotten to the point where you have over 100 subscribers, you can then strive for the perfect box now that your subscription is off the ground.

Locate Products and Suppliers on AliExpress

Screen grab of Peter Pru discussing how to choose a supplier

With the ideal subscription box chosen, use AliExpress to find specific products and suppliers. Try to find a solitary supplier that can provide you with all of the products you need within your niche. This can help you save some time finding individual products and compiling them in your subscription. A single supplier can also serve as a reliable source.

While on AliExpress, browse different suppliers’ stores and find out what they specifically offer. You’re looking for a supplier that can offer a 50% profit margin. This means that if subscribers are paying around $15 per month, the subscription box should include items that cost you around $7.50 to buy and ship. If needed, you can throw in some digital products to help boost profit margins. For each subscription box, look for around three to four products that you can ship collectively at an affordable price. This can further ensure profitability.

Find Suppliers on Alibaba if You’re More Established

Has your business had a chance to grow, with a bigger budget to work with and a more established brand? Alibaba can give you some more ideas for subscription boxes and enable you to find the perfect supplier. You can then investigate any suppliers you come across until you locate one worth reaching out to. From there, you can send a message to request product catalogs or brochures, which should also indicate pricing.

Once you’ve chosen a supplier, the next step is to develop a calendar. While you can use a six-month calendar, we recommend developing a one-year calendar. Why? Because most customers won’t spend more than a year on a subscription. Using this calendar, you can decide on which products to place into each shipment for a year. Once the year ends, the calendar could restart. Then you can send some of the same products to customers as the start of the previous year, seeing as most of those customers will be newer at that point.

Package Subscription Boxes Yourself at the Start

Dropshipper contacting suppliers to streamline his business

Having selected the right products and suppliers for your subscription, you can begin constructing your boxes and selling them. Until you reach 100 subscribers, we recommend avoiding using fulfillment centers to put your boxes together. Instead, you’ll be able to save a lot of money by building your own subscription boxes. It may take a lot of time and feel like a waste of it, but you’ll be saving a lot of money, and you can always get friends and family to help. You can even turn your boxing sessions into an event, ordering some food and drinks to make it feel less like a hassle for everyone involved.

With over 500 subscribers, a fulfillment center will likely be worth the price. Fulfillment centers may also help organize shipments with suppliers and simplify the entire process.

If you can harness the power of subscriptions from the start of your dropshipping venture, you’ll be able to succeed throughout 2021 and the coming years. If you can locate the ideal niche, products, and suppliers, you’ll be able to develop a winning subscription plan that customers love. In turn, you’ll see consistent, regular income. Do you want to learn more about how to thrive in ecommerce? Then reserve your seat at our free ecommerce masterclass, where we’ll show you how to build a winning dropshipping business in no time. You can also follow these 2021 dropshipping trends on my YouTube channel as they change over the upcoming year. Tagged : / / / /

Try These AliExpress Alternatives to Speed Up Your Dropshipping Delivery Times

Empire builders, you already know that shipping and delivery times have significantly slowed down with the current state of the world. If you’ve been dropshipping through AliExpress, you may have found yourself in quite the dilemma over the last few months because of the slow delivery speed. Everything is still in a state of limbo, so it might be time to find a new source that can get products into your customer’s hands as quickly as possible. If you’ve been searching for a faster or more reliable dropshipping supplier, check out some of the top AliExpress alternatives below.

AliExpress 

If you’ve already been using AliExpress to source your funnel products and have been successful with this method, that’s great. I’m not going to be the person to sit here and tell you to stop altogether. However, if you choose to utilize AliExpress as your front-end supplier, you should try to work with AliExpress stores that ship from the United States

Being able to dropship your products from the United States will significantly cut down on delivery wait times. AliExpress makes it easy to filter out suppliers that ship from the United States from those who don’t. 

However, there is a catch. Not all stores on AliExpress that list themselves as U.S. based stores actually ship from the United States. 

To find out if a store is shipping from the United States, reach out to the supplier. Once you get in contact with the supplier through email or Skype, ask them for tracking numbers. This will tell you the origin of the packages that they send, letting you know if they are shipping from the U.S. or not. This will require some digging and research, but providing your customers with faster shipping times and excellent customer service will always pay off in the end.    

SaleHoo

woman reaching out to manufacturers directly through SalesHoo to find AliExpress alternatives

The first alternative to AliExpress I suggest looking into is SaleHoo. For $120, SaleHoo gives you lifetime access to a massive directory of manufacturers and dropshippers. Having this directory gives you a considerable advantage in the dropshipping industry. 

Why?

You have access to a wide variety of suppliers and manufacturers at your fingertips, and you can find your own preferred AliExpress alternatives. This will also allow you to piece together amazing offers on your funnels that customers will not be able to turn down. 

My suggestion for those already making 10K a month would be to get in touch with manufacturers on SaleHoo, who also provide dropshipping services. This is what I did to create my supplement company, Untapped Focus. It’s incredible when you find manufacturers that will create your product, house it, and then handle the dropshipping for you. It creates an awesome business opportunity for you and allows you to worry a lot less about the logistics of storing and shipping products.  

CJDropshipping 

screen grab of CJDropshipping's shipping times

Another one of my preferred AliExpress alternatives is CJDropshipping. If you’re already dropshipping from China, then CJDropshipping is an AliExpress alternative that you need to look into. A lot of the products are sourced from China on CJDropshipping. However, CJDropshipping is a faster and more reliable drop shipping source compared to AliExpress.  

The biggest suggestion I have for you with CJDropshipping is to research how the individual product is being shipped. When I use CJDropshipping, I like to use the CJ packet method of shipping. If a product is eligible for the CJ packet shipping, your product will be in the hands of the customer much faster than AliExpress sourced products. 

Ultimately, if you’re already using AliExpress, I recommend searching for your products on CJDropshipping. By sourcing through CJDropshipping, rather than through AliExpress, your delivery times will be more bearable for the customer to deal with. However, always keep in mind that dropshipping products from China will never give the customer that 2-3 day shipping experience they have become accustomed to when buying on Amazon. To compensate for these longer shipping times of 7 to 20 days, your customer service must be top-notch.   

eBay 

The final dropshipping alternative I have for you is eBay. Yes, it may not be the first supplier that comes to mind when you think of a dropshipping source. But eBay actually has a ton of suppliers willing to ship products for you. 

Before you try to source products from eBay, you must do your research

The first step you should take to find out if an eBay store is a good dropshipping supplier is to check out the number of units they have sold on their products. If they have sold a large number of units on a single product, that’s a very good sign. After determining that the store has sold enough units, check out their customer feedback reviews and the different products they sell.  

When working with an eBay store as a dropshipping source, you want to make sure of two things:

  1. They have an excellent customer feedback rating. 
  2. They specialize in one area, whether it be fitness equipment, pets, clothes, or fishing. 

You never want to work with a supplier that has their hand in a little bit of everything. You want to work with stores that are specialized in one area. If you can find the right supplier, eBay is one of the easiest AliExpress alternatives for sourcing your products.  

Always Be Resourceful  When Looking for AliExpress Alternatives

customer happily opening their delivered package

No matter how you decide to source your front-end products, you’re going to need to be resourceful to generate the most success you can. With the state of the world as it currently is, shipping and delivery times are messed up for everyone. To create amazing offers on your funnels and get products to customers quickly, you’re going to have to piece together products and services from different sources. Being successful in the ecommerce industry will always come down to your willingness and ability to be resourceful in providing the best offers and services to your customers. But if you do it right, you can even capitalize on in-demand products and trendy items.

Consult With the Pros 

I hope you will take this information and implement it into your own funnels today. At Ecommerce Empire Builders, we know that more can be achieved together than alone. If you’re interested in becoming a part of a growing ecommerce community, take the time to consult with us today. At Ecommerce Empire Builders, we can help you build, launch, and scale your own profitable dropshipping business. Sign up for access to our exclusive free webinar today. Also, be sure to check our YouTube channel for even more free resources and insights into the dropshipping industry. Remember, your empire starts now.  Tagged : / / / / /