Unlike other industries, e-commerce bloomed in 2020. The unexpected growth witnessed by the industries was analyzed by many individuals. Can Mandir, a successful dropshipper, explained the situations that brought these results in his recent interview.
Moreover, he explained everything there is to about dropshipping. Below are the bits of what he had to say that can help new dropshippers and those who have already been in the business for a while.
Dropshipping and 2020
Dropshipping is popular among e-commerce agents because it eliminates the need for stock inventory. The pandemic shifted all the regular operations to the virtual world. As a result, e-commerce and dropshipping benefited from this change.
The change in consumer behavior and the direct connection between businesses and consumers is what keeps dropshipping in demand. Moreover, examining the situation, Can Mandir adds, "The sector has received a huge boost from the current crisis. Sales have increased enormously with more and more people shopping online".
Can Mandir also addressed the misconception about shipping during a pandemic. He claimed that there aren't many restrictions. The only problem may be shipping being delayed for a few days and nothing more than that.
How to be a successful dropshipper?
Can Mandir built his dropshipping venture from scratch. In his interview, he shares how one can be a successful dropshipper. Just like any other venture, dropshipping too requires commitment and hard work. Can Mandir claims that one needs "discipline, patience, and willpower." Success is not achieved in a day. Thus, constant efforts and patience are required to reach milestones one has set for themselves.
Apart from this, Can Mandir lists the basic requirements such as laptops, smartphones, and a good internet connection. Since dropshipping is a part of e-commerce, electronic devices and the internet are a necessity. Moreover, he says that one should be able to devote 2-4 hours a day.
Barrier to dropshipping
When asked about the barriers to dropshipping, Can Mandir claims it to be the mindset of people. Many people believe dropshipping to be a difficult trade. However, Mandir comments upon how selling online has always been a difficult task. Moreover, people need to understand that success is a result of steps taken every day.
Building connections or consumers takes a while, which is why patience is needed to be a successful dropshipper. One shouldn't consider the task to be impossible while not underestimating it as well. Thus, a balance should be there. While dropshipping is less risky, it still has its own difficulties, which shouldn't scare new dropshippers away.
Advice for dropshippers
Advice from experts is always cherished by people as it guides them in the right direction. Thus, Can Mandir gives certain points of advice to new as well old dropshippers, which can significantly improve their trade.
● Dropshippers should focus on advertising. Since almost everyone spends most of the time on their phones, advertisements are a great way to reach more people for an online business
● Email marketing should be adopted to make the consumer feel special. The option of feedback should be provided to the consumers.
● Evaluation of long-term marketing trends and demands can prove to be helpful. Also, constantly keeping an eye on the current market dynamics is also necessary.
What will the future of crypto be?
While cryptocurrency still remains debatable. The recent announcement by Tesla has increased its scope for the future. Moreover, Can Mandir too is optimistic about crypto's future
He believed that e-commerce would adopt crypto in the near future. His foresight tells him that crypto will be normalized, and its absence would feel abnormal. Therefore, the public should look out for crypto and learn about it for the future.