There is a start, rise, peak, fall, and end for everything. It is a universal truth. For a human, for an animal, for a plant, for everything it is common. But what about Dropshipping? Is it also applicable here? Worth Dropshipping in 2021? Let’s see the current state of Dropshipping and what will happen soon.
Not like in 2020, there were very few numbers of people who knew about Dropshipping in years like 2013, 2014, 2015. It was a miracle at that time. Dropshippers earned six figures without even doing much work. They lived an awesome life without limits. There were countless peoples to buy and enjoy these products.
It was very easy to market Dropshipped products through social media, advertisements, email, and referrals.
With time concept of Dropshipping spread thorough out the world. There were many places to learn about Dropshipping and many places to buy cheap products like AliExpress, eBay, Amazon, etc. And also, there were very easy methods to create a web site and brand it. It helped to fool people who didn’t know about Dropshipping. It took no time for to someone creates and publish your Dropshipping store.
Increment of Dropshipping knowledge rapidly increased the competition among Dropshippers. So, everyone tends to find very unique products and some dropshippers sold the same product with different brandings. Some dropshippers sold very cheap low-quality products to get a higher income. But the buyer was unsatisfied with some products. So, those were only one-time purchases. And also, it became very hard to find good products with an increment of dropshippers.
Therefore, people tried to pay a huge amount for advertisements to rank and spread their products on social media, search engines, and all. After that, the profit was nothing compared to the investments. When it comes to 2020, finding a good, quality selling product is like finding a needle in a haystack.
So, what about 2021? Worth Dropshipping in 2021? Without a doubt, there are people earning millions of dollars right now by Dropshipping. But it is very few compared to the number of dropshippers. Dropshipping has passed the peak. People are slowly quitting Dropshipping because of the high competition and difficulty of finding the best-selling product from time to time. Shortly, there will be no more Dropshipping. It is saturated. I don’t think this is the right time to start Dropshipping. It is better to find something else than investing in this.
Finally, I don’t think you can’t make money from Dropshipping in 2021. It is very hard and you will have to do a lot of work and invest a good amount of money. But can’t guarantee that you will earn as much as you work. It is always better to try something else. If you want to know about new, no or low competition ways of making money except Dropshipping business, follow us and stay tuned!