Dropshipping is a very popular business model with tremendous opportunity for quick growth. Due to its flexible and profitable nature a lot of people are starting UK dropshipping business. Despite of its convenience and cost effectiveness still many people raise a question:
Is UK dropshipping worth it especially in 2021?
Or
Should they start dropshipping business in 2021?
Well, many people give answer from different point of view. In this blog we will use facts and figures to determine if dropshipping is really worth it or not.
The answer is, “Yes, of course!” Dropshipping is worth it not only in UK but also globally. Now let’s take a look at global over view of dropshipping. Then gradually we will move towards UK dropshipping.
- From Grand View Research it can be said that, the global dropshipping market will increase at a rate of 2.8% until 2025.
- A market study of Research and Markets has stated that, the global dropshipping market will reach $591.77 billion by 2027.
- About 22 and 33% of online retailers have now adopted the dropshipping model.
- Almost 50% of online sales on Amazon are from third-party sellers and they use retail models like dropshipping.
Well, these are some impressive statistics about global dropshipping market. From these you can see the explosive growth and robust sales of dropshipping business. You might be wondering
Why dropshipping is getting so much popularity?
Well, it is because nowadays consumers prefers more to buy their products online. Online shopping has become a worldwide trend and it shows no signs of slowing down any time soon. This trend of online shopping has fueled up the popularity of dropshipping. In other words, it can be said that the overall growth of global Ecommerce has increased the demand for dropshipping services.
Now let’s take a look on Google Trends data regarding UK Dropsgipping.
There are many popular tools to determine the current situation of the dropshipping market in the UK. Google Trends is one of them which generally gives search interest based on a relative scale between 0 and 100. It is mainly used to identify profitable niches, products, or brands. But now we are going to use it to examine the current situation of dropshipping in the UK. This way, we can be sure how many people are still Googling the term “dropshipping.
This is what Google Trends gives for the UK Dropshipping for the past 5 years-
The numbers that you can see on the right indicates the relative number of searches for UK Dropshipping.
From the above image, it is completely clear that Search Interest of UK Dropshipping is increasing.
As you can see that the search interest for “dropshipping” in UK has shown steady and rapid growth since 2016. Of course, there are some peaks and valleys which indicates undoubtedly the overall upward trend of UK dropshipping. Moreover, it is really surprising that Search Interest of UK Dropshipping in 2021, is roughly 4 times higher than 5 years ago. In 2021, it has reached its highest peak.
From this statistics, you can now understand dropshipping has gained immense popularity in the UK. People are insanely searching for dropshipping and look forward to starting dropshipping business in the UK.
So, dropshipping in UK really worth it.
Now you may think many people are doing dropshipping business in the UK. So there is possibility that you might raise question-
Is dropshipping in UK saturated in 2021?
Well, this statement is partly true. Because as you can see from the Google trends a lot of people are interested in dropshipping. Some of them have already started dropshipping business and some of them are about to start it. That means the competition is increasing day by day. But that does not mean dropshipping in UK is saturated. This is because although a lot of people have started dropshipping, many of them do not know the proper way of doing it. Moreover, they do not give enough effort to their store.
Do you know the consequence of this?
Their dropshipping business fails and they becomes out of the competition.
If you do not want to find yourself in dropshipping failure list, you will have to invest time, money, and effort. You also have to know what reason behind dropshipping failure are and how to overcome them.
Here are some reason why many dropshippers fails to grow their business-
· Lack of Patience & Persistence
Lack of patience and persistence is another reason for dropshipping failure. Patience and hard work is the pre-condition for any kind of success. In dropshipping you also need them too. Although you can set up your dropshipping store quickly and easily, it might take a lot of time to have the first order. So you have to wait with patient. You cannot be successful overnight in dropshipping.
As you know dropshipping is highly competitive. Without hard work and consistency you will not be able to stay in the competition. So you have to give a lot of effort to become unique from others. You might make mistakes. But never step back because of the mistakes. Rather try to learn from your mistakes, understand the nature of dropshipping and most importantly be patient and consistent in your work.
· Unreliable suppliers
Working with unreliable suppliers perhaps the most significant reason of dropshipping failure. A single mistake of supplier can cause your business an unrepairable loss. Do you know how?
In dropshipping, suppliers are responsible for everyhing. From product quality to packaging, shipping and sending products to end customer, everything is handled by your suppliers. So they have the power either to make you or break you.
With an unreliable supplier serious issues like long shipping time, bad quality products, wrong product delivery, no support about refunds and return may come up. These issues can cause customer’s dissatisfaction and bad reputation of your shop. An unsatisfied customer will never order products from your store which in turns will destroy your dropshipping business.
If you want your dropshipping business to survive, you really need to find reliable suppliers who can fulfill customer’s requirements. Now you may think
How to find reliable suppliers?
First of all, you should always choose local suppliers. That means choose suppliers from the same country where you are targeting to sell products. This way you can make sure that products will reach your end customer quickly. Moreover, you will be able to contact with them easily to solve any kind of problems. Now, let me ask you a question, Are you a UK based dropshipper and looking for UK dropshipping suppliers?
If the answer is yes, then you can visit Getshop Today eCommerce platform where you will find many dropshipping supplier UK. They can be a really good option for you.
· Bad Customer Support
Bad customer support is another reason why most dropshippers fail. Almost all of the dropshippers try hard to provide good customer service. But sometimes they fail as they have no control over product delivery. Just think for a moment
What will be your customer’s reaction if they receive low quality or damaged products?
It will be a horrible experience. Right? Customers will never overlook these problems.
Since the suppliers delivers the products to end customers, you can never know when or how your customers will receive their product.
Issus like low-quality products, wrong products, damaged products, delayed shipment can harm your store’s reputation and lead to customer’s dissatisfaction. And you can imagine the final consequence of this negative impression. You will lose customers and you will lose sale. It means your dropshipping business will fail gradually.
Well, you must have understood why it is important to provide proper customer service. But question can hit your mind-
How to give proper customer service?
First of all, you have to choose suppliers very carefully.
You have to make sure that your suppliers can provide high-quality products, deliver products quickly and can meet customer’s requirements.
If you are looking for such suppliers who can deliver high-quality products within the shortest possible time in UK.
Beside this, Dropshipping does not end when the customer’s item is sent. Bear in mind that you still have to answer their queries and stay connected with them. This is how you can give proper customer service.
Delayed Shipping
Another reason why many dropshippers fail is Delayed shipping. After ordering a low value or daily used product
Would you like to wait for 15-20 days to get the product?
What do you think?
Probably no. Customers especially in UK, do not like to wait for a long time to get their products.
Long shipping time is one of the biggest pitfall which can negatively affect your dropshipping business. Generally, it happens when dropshippers source products from China based suppliers. It takes at least 20 days to arrive the products. When you make customer wait for such a long time, they immediately look for a faster alternative. As you already know dropshipping market is so much competitive. There are many options waiting and wooing your customers to their website. As a result, you lose your customer.
How to avoid delayed shipping?
You should choose local suppliers who can deliver products within the shortest possible time. Because fast delivery makes your customers happy. It is also a good way to defeat your competitors.
The good news is UK dropshipping suppliers deliver products in just 3-5 days in the UK. So you can choose UK dropshipping suppliers for shipping goods quickly to customers.
