I'm thinking about starting an online dropshipping store, but I can see there's a lot of competition already. A friend tells me it's super saturated, while others say there's still market out there. Is it worth investing time and money in this right now, or should I look for something else?
Dropshipping isn't a goldmine but it's not completely dead either, it really depends on what niche you pick and how willing you are to compete on price and marketing. What's definitely true is that anyone with a computer and a couple of bucks can set up a store today, so there's saturation, but that doesn't mean people aren't making money. If you're going to get into it, do it without expecting to get rich quick: you need to test products, build a marketing strategy that goes beyond just selling, and be ready to lose money in the first few months. If you see it as a controlled experiment where you spend the minimum possible to learn, it's worth it; if you expect it to be your financial salvation with minimal investment, you'd be better off doing something else.
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