Best Free Dropshipping Tips and Guides
Saturday, January 28, 2023
No Result
View All Result
  • Bossfree Stressfree
    • Home – Layout 1
  • Dropshipping
  • Niche Selection
  • Dropshipping Suppliers
  • Sales & Marketing
  • Business and Management
Best Free Dropshipping Tips and Guides
No Result
View All Result
is dropshipping dead

Is Dropshipping Dead or Still a Jackpot in 2022?

Kam Sharma by Kam Sharma
January 13, 2022
in Dropshipping, Sales & Marketing
0 0
0
0
SHARES
4
VIEWS
Share on FacebookShare on Twitter

Disclosure: This post or page may contain affiliate links, which means we may receive a commission if you click a link and purchase something that we recommended. Read more about Affiliate disclosure here.


Table of Contents

  • What is dropshipping?
  • Is dropshipping dead or alive in 2022?
  • Is dropshipping saturated in 2022?
  • What is Success Rate of Dropshipping?

What is dropshipping?

Dropshipping is basically a fulfillment process. You sell a product and your supplier directly fulfills the order, without your involvement in storing, packaging, or dispatching the product.

Is dropshipping dead or alive in 2022?

I have been hearing people dropshipping is dying for last 5-6 years.

Just like in 2020 or 2021, even in 2022, some still say it is dying and this business model is no longer viable; while others say it is still working. The best is to look at some data and samples that will speak more than what I could say.

I will start with Google Trends and show you a 5-year graph if it is upward trending or it’s going downwards.

worldwide dropshipping search trend
5 year dropshipping up-trending graph (Worldwide)
US dropshipping search trend
USA data
Is dropshipping dead oe alive in 2022
1 Year US data
dropshipping store on sale
A dropshipping store profit data in 2022

You can see a dropshipping store on sale (as above), making a $21,155 Monthly Net Profit even in 2022. This is crazy!

I have many more such samples, but one should suffice here to give you an idea of how dropshippers are doing even in 2022.

Is dropshipping saturated in 2022?

In my opinion, dropshipping is a business concept and a concept does not get saturated. A product does get saturated when there are too many competitors for one product. If a product is saturated, it is for all alike whether you are a dropshipper or a non-drop shipper.

Products get saturated in the market and their newer upgraded versions come and become sought-after. Those upgraded products again get saturated over time and so on… everyone earns by selling what is in demand.

Apple iPhones come and over time the market becomes saturated. The version is upgraded with better technology and the success story goes on…

Dropshippers have to constantly keep on changing their product strategy, marketing strategy and whosoever does it in the right way will go on winning.

As per a report published in Daily Search Sheets, the dropshipping market was valued at US$ 162.44 billion in 2019 and is expected to grow at a CAGR of 18.3% during the forecast period to reach US$ 591.77 billion by 2027.

In my opinion, dropshipping is not dead in 2022, nor do I see its demise far in the future.

What is Success Rate of Dropshipping?

Frankly, I hardly have the answer. At the same time, I do not know what the success rate of physical store owners is. I also do not know the success rate of online store owners who sell their inventory.

In fact, it should not make a difference at all.

A drop shipper may be far more successful than a physical store owner or someone who sells online with his own warehouse and stocks. The vice versa is also right.

While there aren’t many online shopping statistics to untangle the exact number of online stores; as per an estimate in 2021, there are anywhere between 12 to 24 million online stores.

statista
Net revenue of Wayfair worldwide from 2012 to 2020

Among these online stores, Wayfair, a dropshipping website has done one billion in sales using drop ship suppliers from 2012 to 2020. The success rate of this dropshipping store is far more than millions of other online stores that they can only dream of.

Why is it so?

In fact, it hardly matters whether you are dropshipping or selling your own inventory. Your success rate depends on you and your business skills.

Wayfair is not an exception. I can add many more successful dropshipping stores that are successful even if their turnover is less than that of Wayfair’s.

I have found a great number of skilled drop shippers who have hit jackpots even in 2022. The only reason behind their success is they are consistent and know how to do business.

So, the right question should be how to become a successful drop shipper. If a dropshipper is unsuccessful, the business model has not failed, but the person and the reasons may vary.

In my opinion, if you understand your business and have an action plan to start it and then scale it in a disciplined and efficient fashion, you will succeed for sure.

If you go through the data available, dropshipping is still very much alive and will continue to grow over time.

Tweet
Share
Share
Pin

Related Posts

pet dropshipping suppliers in the US
Dropshipping Suppliers

The Best Pet Dropshipping Suppliers in the USA in 2022 (No MOQ)

October 20, 2022
shippingeasy
Business and Management

SHIPPINGEASY.COM in 2023: Everything You Need to Know About

October 14, 2022
Thieve.co dropshipping
Dropshipping

Can You Benefit from Thieve.co Dropshipping in 2022?

October 8, 2022
dropship notepads
Dropshipping

How to Start Dropship Notebooks in 2022 (With Supplier List)

October 7, 2022
Hustle got real review in 2022
Dropshipping

Hustle Got Real (HGR) Review: A Complete See-Through for Dropshipping in 2022

September 14, 2022
how to create ebay stealth account
Dropshipping

What is eBay Stealth Account and How to Create it in 2022

September 21, 2022
Next Post
AutoDS review

AutoDS Review 2022: A Dropshipping Software for Complete Business Automation with Guide

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • The Best Pet Dropshipping Suppliers in the USA in 2022 (No MOQ) October 20, 2022
  • SHIPPINGEASY.COM in 2023: Everything You Need to Know About October 14, 2022
  • Can You Benefit from Thieve.co Dropshipping in 2022? October 8, 2022
  • How to Start Dropship Notebooks in 2022 (With Supplier List) October 7, 2022
  • Hustle Got Real (HGR) Review: A Complete See-Through for Dropshipping in 2022 September 14, 2022

Categories

  • Business and Management (24)
  • Dropshipping (48)
  • Dropshipping Suppliers (31)
  • Niche Selection (19)
  • Online Money (6)
  • Sales & Marketing (19)

Hustle Got Real Dropshipping Tool

The Most Trusted Domain & Hosting Company

Twitter Facebook Youtube RSS
Best Free Dropshipping Tips and Guides

Bossfree Stressfree is your own space to learn to launch a successful online Dropshipping Store and grow it to become financially independent.

You will learn the field-tested strategies, discover tools which would help you grow your online business.

Do not forget to join our newsletter to stay informed with the latest in Dropshipping space.

Explore Niches

  • Business and Management
  • Dropshipping
  • Dropshipping Suppliers
  • Niche Selection
  • Online Money
  • Sales & Marketing

Important Links

Affiliate Disclosure
Privacy Policy
Disclaimer
Advertise with Us

Recent Posts

  • The Best Pet Dropshipping Suppliers in the USA in 2022 (No MOQ)
  • SHIPPINGEASY.COM in 2023: Everything You Need to Know About
  • Can You Benefit from Thieve.co Dropshipping in 2022?
  • How to Start Dropship Notebooks in 2022 (With Supplier List)

© 2021-2022 www.BossfreeStressfree.com. ALL REGISTERED

No Result
View All Result
  • Bossfree Stressfree
  • Checkout
  • Checkout
    • Purchase Confirmation
    • Purchase History
    • Transaction Failed
  • Disclaimer
  • Disclosure
  • Media Kit: Advertise On BossfreeStressfree
  • Order Confirmation
  • Order Failed
  • Privacy Policy
  • Privacy Policy
  • Write With Us

© 2021-2022 www.BossfreeStressfree.com. ALL REGISTERED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In