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"The Art of Finding Winning Products"
If you want to become an entrepreneur, whether full-time or in addition to your other pursuits, dropshipping is one of the easiest ways to start since you don’t have to deal with the two most expensive aspects of any eCommerce store: inventory and shipping.
The way dropshipping businesses work is by customers placing orders on your website and your dropshipping suppliers sending the products directly to them. In essence, what you’re left with is marketing — creating an effective strategy to attract your target audience and convert it into sustainable revenue.
So how do you come up with the right marketing strategy? And what are some of the best ways to promote your dropshipping business?
Scan through the history of the world's best marketing strategies and you’ll see that all of them were built by leveraging the strengths of their underlying business models. This means having a sound eCommerce and dropshipping platform, reliable dropshipping suppliers, and the ability to scale your business easily.
Start with the products you already know a lot about. Research all of their competition by googling their respective keyword.
Think through its price sensitivity: Is it differentiated enough so you can earn a healthy markup that would include some buffer for unpredictability?
Is it an impulsive purchase or a planned one?
Is it easy to return to your supplier if a customer wishes to do so?
Does it have companion products you can use for upselling?
Dropshipping in 2020 means having a selection of products that have fast shipping, are unique and high-quality, and are impulse buys that your customers cannot resist. Once you’ve applied this criteria to each product, find out as much as you can about your target audience.
Build a buyer persona and ask yourself: Do they have high disposable income? What kind of experience are they looking for? Will they be repeat customers or just buy once? What are they willing to pay?
All that information will help you decide which channels you should use to get your traffic as well as your ongoing customer relationship management.
Overall, what you want to achieve is a consistent flow of visitors that would either convert on the spot or be nurtured through your marketing funnel, eventually leading to a sale.
So, here are seven proven ways to drive traffic to specific products for dropshipping businesses.
Before you spend all your budget on figuring out how to market your dropshipping store, you need to be certain that when a visitor comes to your website they have a reason to stay. And better yet, to convert into a sale.
Make sure your website highlights your brand and differentiates you from other eCommerce stores. Greet people with a clear message that defines what your dropshipping products are about and who should buy them.
The more specialized your offering is the easier it is to explain and spread through word of mouth.
Pick specific products to sell at first — ideally the ones that are complementary to each other and can increase your average order value. Stick to one specific niche instead of being general.
Invest in professional product photography. The upfront cost might seem steep, but one good photo can sell hundreds of products. And it’s by far the best way to stand out among competition (who mostly opt-in for generic, low-quality shots). Once you reach the end of this list, you’ll find out why product photography will take you a long way.
Once you know which products you want to offer, find a quick way to establish trust. Product reviews and testimonials as well as links to Trustpilot will go a long way. Provide a quick option for contacting you on any product page too: possibly a live chat or Facebook Messenger.
Remember that a typical conversion rate is only about 1–2%. So to get any meaningful revenue, online stores need a regular flow of thousands of visitors. That’s where learning the best way to advertise dropshipping via SEO comes in.
While working on improving your SEO description(search engine optimization) is not the quickest way to lure in potential customers and market your dropshipping store, with consistent effort, it’s going to be your best long-term investment — likely forming the largest and cheapest share of your incoming leads.
How do you get on the SEO train? Start by sharing information on your blog that’s relevant to your audience. Stick to a schedule, whether it’s twice a week or twice a month.
For the search engines (e.g. Google, Bing, Yahoo!) to rank your dropshipping business, you need to sprinkle specific, long-tail keywords throughout your website updates and every article you publish.
So instead of something like “best pillowcases” use “silk pillowcases for better hair and skin.” It sounds counterintuitive, but less popular, long-tail keywords will eventually bring you more traffic, since people searching for specific items are more likely to convert. .
To plan your keyword strategy, you can use a variety of tools, from Moz and SEMrush to Google Keyword Planner and Google Trends. If you want to go a step further, learn more about enhancing your HTML with schema, so that search engines can incorporate your shopping results, making traffic acquisition much easier.
When you’ve worked so hard to entice potential customers to visit your website, you don’t want to lose touch with them as soon as they leave.
Having a newsletter is a great way for eCommerce stores to onboard visitors to their purchasing funnel. The best newsletters can offer a discount for the first order, and include your SEO writing with some suggested products there too. Eventually, you’ll convert more customers and have a way of contacting them as well.
As an example, if you segment your email based on the categories of items your shoppers purchased, you can email a person who bought newborn clothes with promotions for 6 month old clothes. If someone purchased women’s swimsuits, why not email them with promotions on amazing winter dresses in the fall?
Social media is another free way to spread your message to people in your target market. But, since it doesn’t cost anything, more and more social media channels are getting oversaturated.
Think through exactly how using a particular service — whether it’s selling on Pinterest, Snapchat, LinkedIn, or Twitter — will help you achieve your goals and have a specific social media strategy in place for posting valuable content.
Tools like Buffer will assist you in managing a few social media channels simultaneously. At the same time, be wary of spreading yourself too thin.
Charlie Munger, a business partner of Warren Buffett, has often said, “Fish where the fish are.”
For your eCommerce business, this means finding an existing active community consisting primarily of your target audience. It could be a Facebook group, Slack community, subreddit, local meetup, or a regular networking event.
There are platforms out there like quora that exist to answer people’s questions about products, lifestyles, and everything else. Get involved in these communities and become a trusted member for suggestions and information.
Whatever it is, if your potential customers are there, it’s going to be worth your time to become a frequent contributor as well.
Especially when it comes to physical products, videos are everything. If you’re not convinced, consider this: 84% of consumers are convinced to buy a product after watching a brands video. Not only is it much easier to get a sense of what you’re selling, but it’s also a perfect opportunity to engage someone and build trust.
For even greater awareness, ask other YouTubers covering the same niche to review your products. You might even consider a paid promotion or setting up an affiliate channel with them to get some of their views.
Having a video to show your customer what the product is and how to use it might just be the conversion point that turns them into a sale, and the competitive advantage you need to differentiate yourself.
While all the tips above will drive traffic to your website and ensure the longevity of your business model, it’d still be very difficult to kickstart your dropshipping empire relying on them alone.
A real fire starter of any new online project is Facebook ads, Instagram ads, and Google display ads. Facebook and Instagram advertising are the new brand advertising machines (what magazines and TV used to be), helping people discover useful products they didn’t even know existed. Google, on the other hand, is your turbocharged newspaper classified ad, guiding you toward the best of what you’re actually looking for.
Both Facebook and Google offer powerful retargeting options too, so you can remind your potential customers to buy something or offer a special deal even after they’ve left your website.
Most importantly, always remember to test everything. Tweak your ads, employ multiple ad sets at the same time, and keep an eye on your conversion rate.
Another critical part of your dropshipping business?
Having a reliable supplier who can guarantee high-quality products and fast delivery times. But how do you find all of them online?
Spocket is a global dropshipping platform with thousands of vetted suppliers mainly from the USA and Europe but globally as well. You can instantly find the right products for your business, order samples, and sync your chosen goods right to your own online stores. Start your free 14-day trial today and see how quickly the marketing strategies described above will help you generate stable revenue for years to come.
Now you have 7 reasons to start marketing your dropshipping store, and start making your entrepreneurial dreams come true! Use the 7 steps above fully, and build an online store that makes you proud.
Start your free trial to Spocket, and access dropshipping suppliers from the USA, Europe and globally. With an unmatched product selection and 24/7 customer support, we’re here to help you soar and watch you be your own boss.
As a writer and managing editor, Misha runs No Country Studio, helping startups, agencies and small businesses communicate ideas clearly through human-centric copywriting. His work covers all aspects of the written word.