Is dropshipping dead these days. How profitable is it nowadays? What are its prospects? Is it worth starting right now?
To date, the dropshipping business model is amply discussed worldwide. Many people are eager to know whether dropshipping is dead or not. What is more, since this business model has proven itself to be very profitable, some people are interested in the fact if dropshipping is still so attractive to start doing it in 2019. If you’re also concerned about these questions, you are more than welcome to read this article because it’s a great opportunity for you to find the answers to all of them.
Is it worth believing in rumors?
To begin with, we would like to note that on the Internet there are lots of articles with the headlines telling us that dropshipping is already dead. So, let’s find out where these speculations come from. The point is that the dropshipping business model has opened up new horizons in terms of regular jobs and shown itself to be a stable source of high income. Besides that, in comparison with other forms of freelance, dropshipping has lots of advantages.
The advantages of dropshipping:
+ no investments = no risks
+ no boss
+ no restrictions of movement;
+ no limits to your income level
Sounds attractive, doesn’t it? In fact, not many forms of freelance can boast at least some of these benefits. That’s why, if you want to get absolute independence and a high level of income, dropshipping is exactly what you need!
Why do these speculations appear, and who benefits from them?
If everything is fine with dropshipping, it gets unclear why somebody is trying to ruin its reputation? It’s not a secret that there are a lot of different ways to make money on the Internet. And since dropshipping has more advantages in comparison with the others, those who’re interested in other ways of making money on the Internet began to spread rumors about the dropshipping failure. In fact, it doesn’t always look good when your competitor can’t oppose you, and they just begin to act like that.
Now, first things first.
Is dropshipping dead in 2019?
No, it isn’t. The popularity of dropshipping has been rising steadily. Just have a look at the statistics that Google Trends provides on the number of ‘dropshipping’ search queries:
Is dropshipping worth starting in 2019?
As we have already found out, the dropshipping business model seems to be very attractive due to the number of reasons.
Now let’s look at the statistics that Google Trends suggests the popularity of ‘starting a dropshipping business’ search queries.
As you can see, the number of search requests including the key phrase “start dropshipping” has also been growing steadily. And pay attention to the fact that some five years ago when few people heard about dropshipping some businessmen were already making a lot of money with it. And now think about what is going on with dropshipping today, when it’s popularity is through the roof?
How long will the dropshipping business model remain profitable?
We have already found out that the popularity of dropshipping is growing rapidly. Now let’s look at what analysts say about the near future.
As it’s seen from the picture, the growth rate of the eCommerce sector is high enough. Since the annual average growth in this sector is about 10%, we can make sure that dropshipping as the main business model in the eCommerce sector is supposed to develop alongside the whole branch.
Now let us sum it up.
1) Dropshipping is not dead. The growing popularity of dropshipping convinces us that it’s still alive and capable to provide lots of people with a stable source of high income.
2) Dropshipping is worth starting in 2019. Since its popularity is growing steadily, we see no reason to give up the idea of starting a dropshipping business. Try it because it may become the very business that will help to make a fortune.
3) In the near future dropshipping is supposed to develop alongside the e-commerce sector which grows by 10% annually.
As you can see, there is no reason to worry about the future of dropshipping, whether you have already run a dropshipping business or just think of how to start it. Dropshipping is supposed to thrive, and nowadays we don’t see anything that can have a negative impact on it.
Check out my guide on how to start your business right with tons of useful tips I learned by successfully starting, building, and selling multiple companies.