The Top Dropshipping Stores on Shopify (...and what they have in common)

Updated: Aug 23

The top dropshipping stores on Shopify all have several things in common. In this article we're going to examine what those things are and try to find the "secret sauce" behind successful dropshipping stores.


Table of Contents

Introduction

What is a Dropshipping Store?

Terms Associated with Dropshipping

What Makes a Dropship Website Successful?

Can You Become Rich Through Dropshipping?

The Best Dropshipping Suppliers in 2021

Why Look at Successful Dropshipping Stores?

Ways to Find Successful Dropshipping Stores

The 5 Best Dropshipping Stores on Shopify

Common Elements Among Good Dropshippers

Tips You Can Take from the Most Successful Dropshipping Stores

How to Find the Best Dropshipping Company for You?

How to Start a Dropshipping Business

Best Dropshipping Tools

Bottom Line


 

Introduction

If you’re considering a business opportunity online, you’ve probably stumbled upon the term ‘dropshipping’. This modern business model requires minimal investment and is well suited for amateur entrepreneurs because it isn’t as taxing as the conventional retail model.


With dropshipping, you don’t need to open a brick-and-mortar store, stock products, or pay overhead. You simply need to open an online storefront and purchase items wholesale from suppliers with existing warehouse space and products.


2021 Forecasts indicate a staggering 2.14 billion online store purchasers, globally. The dropshipping economy has responded incredibly well - over half a trillion dollars predicted to take place by the mid-2020s. It’s safe to say, therefore, that dropshipping is certainly worth a look if you’re interested in establishing an online business in 2021.

Before we begin riding that wave, it’s a good idea to get acquainted with the basics.


What is a Dropshipping Store?

A dropshipping store refers to a retail business where sellers accept customer orders without actually keeping products in stock. Instead of relying on a personally managed inventory, the seller instead passes on the order and shipment details to a third-party manufacturer, wholesaler, or fulfillment center - which then ships the goods directly to the consumer. What the seller primarily takes care of is marketing, branding, and sales strategy.



Terms Associated with Dropshipping


Affiliate

These are publishers or site owners that recommend a merchant or retailer to their target audience. An affiliate seeks to help increase the retailer’s revenue by forwarding qualified traffic and leads. In turn, the affiliate obtains a revenue proportion for every sale.


Inventory

This describes the quantity, amount, or value of items that a retailer has currently. It doesn’t account for items that you’ve ordered from suppliers. Rather, it accounts for what is on hand physically and could undergo shipment at any time.


Retailer

These are businesses and companies that sell directly to the consumer or end-user.


Affiliate Link

These denote URLs with a distinct identification number attached to the end that offers a means of quantifying an affiliate’s performance. Retailers offer links to affiliates to share them via social media and blogs.


Logistics

Logistics denote product management as items progress from their origin to the destination. In eCommerce, logistics frequently incorporates the different transport phases that take place between an item’s manufacturing and delivery to a customer.


Authorization

The term describes a transaction to establish the ownership of a platform, service, or any other item to which a user has rights.


Tracking number

This alphanumeric code incorporates information regarding any order’s shipment and is highly important during the shipping and especially the returns process.


Niche

This term denotes a small market segment that a seller can focus on to maximize exclusivity and brand identity.


What Makes a Dropship Website Successful?

One thing that remains the same between conventional stores and dropship websites is that the first impression is everything. An appealing window display will invite consumers while well-organized items will persuade them to browse and purchase.


You want to pay keen attention to how consumers flow through your website and make sure you eliminate barriers that prevent them from buying your product. You wouldn’t want prospective buyers to stall, wondering how to purchase an item.


The purchase process must be clear. Otherwise, any moment of reluctance could imply the loss of a prospective sale. Keep these points in mind if you’re seeking a successful dropship website:


Simplicity

A major rule to consider throughout the design of your website is simplicity. The more elements you integrate on the page, the more it undermines the website’s main objective - closing a sale. You don’t need too many elements, which merely serve as a distraction - sometimes less is more.


Detailed Product Information

Visitors should easily find facts and details on the products that they’re purchasing from you. If you provide confusing or vague information, they might not purchase from you owing to a lack of trust and confidence in your brand.


Imagine you’re a website visitor with information regarding the product. Does every item offer adequate information for users to make an informed decision? You’ll want to examine your website’s product pages to determine whether all the significant features are listed.


Easy Navigation

The dropship website should offer user-friendly navigation. After all, a worthwhile user experience maintains site visitors and ensures their return. You’ll need to include links or menus to product categories in a strategic place and ensure the products and categories have proper naming.