Can you still make money with dropshipping in 2019? Is it worth starting now? How long will dropshipping business stay alive?
Well, today the Internet is buzzing with questions about dropshipping. The majority of users wants to know whether this business model is still profitable this year. And some of them are interested in the fact if seasoned dropshipping businessmen went bankrupt.
In this article you will find the answers to your questions, and probably pick up some more useful information on dropshipping.
1. Can you still make money with dropshipping?
First of all, let’s find out where did these worries come from?
In fact, it’s not a secret that people always tend to look for some information about a product they want to buy or a business they would like to start, etc. Then, fraudsters and gutter press take the matter into their hands. They are aware that articles with the headlines as “Something is dead” will seem to be interesting for Internet users. In practice, they aim at getting good PR and promoting their products and services which often doesn’t seem very reliable.
So, that is clear. Now let’s get closer to dropshipping. There are several things you should know about dropshipping in 2019.
a.The popularity of dropshipping is increasing steadily. Just have a look at Google Trends’ report on dropshipping.
As you can see, its growth rate doesn’t decline. It means that more and more people still have a strong interest in this kind of business. Surprised? As for me, I am not, since I am still not sure that there is a source of income that is more profitable and reliable, meanwhile, undemanding in terms of the effort you need to make.
b) The ecommerce sector is growing rapidly. Look at the data which Statista
This statistic describes retail ecommerce sales worldwide for the past 5 years. We see that since 2014 the revenue from ecommerce sales has grown almost thrice! Consequently, analysts say that the popularity of dropshipping will also continue to grow alongside the industry. So, do you still witness anything indicative of dropshipping death?
2 Is it worth starting in 2019?
Now it’s high time to talk about starting a dropshipping business in 2019. First, what makes this business seem so attractive?
- Requires no investments
- Requires no experience
- Lets you make all the decisions
- Lets you work from anywhere
- Puts no limits on your profit
Well, the interest to this business model is quite logical. But is it still relevant to start this business nowadays?
Let’s ask Google Trends again.
We see that the popularity of the search request “start dropshipping” has been rising from year to year. It means that the people’s engagement in this very business is still gaining momentum.
Think of this very thing: if several years ago nobody even heard about dropshipping, but some people were already making a lot of money with it, what can happen now, when the popularity of dropshipping is through the roof?
3. How long will dropshipping remain profitable?
We have found out that statistically speaking, the popularity of dropshipping continues to get pace. Now let’s have a look at what they say about the near future.
Researchers convince us that the growth rate of retail e-commerce sales worldwide is still high enough. Average annual growth in this sector amounts to almost 10%. What does it mean to dropshipping? Being one of the main business models in this sector, dropshipping is going to grow alongside the sector.
At the end, let’s summarize all that were mentioned above.
1.Can you still make money with dropshipping?
Yes, you can. Revenues from dropshipping are still increasing due to the growth of retail ecommerce sector.
2.Is it worth starting a dropshipping business in 2019?
Yes, it is. This business model has lots of benefits in comparison with traditional business projects, meanwhile, it doesn’t require extra investment and effort to start making money with it. Furthermore, Internet users are still interested in the information on starting dropshipping because the online retailing is thriving.
3.How many years will this business model remain profitable?
It’s not entirely correct to say about long-term perspective, but analysts predict that the ecommerce sector is going to expand the next 4 years, and dropshipping alongside it.
If you still worry about the fact whether a dropshipping model is still profitable this year, put all your doubts apart, and start making money with it right now!