There are around 24 million ecommerce stores worldwide, many of which are dropshipping websites (abdalslam, 2023)

The ecommerce sector has really taken off in recent times. It is one of the most valuable markets for retail everywhere in the world. If any business wants to make sure they are successful and have a vast reach, they use ecommerce as a sales channel. With around 24 million ecommerce stores and businesses in the world, there is a huge percentage that are dropshipping businesses. As ecommerce grows over the years, so does dropshipping. There are countless businesses using dropshipping fulfillment method to get their business up and running online without having to put in a lot of time getting inventory and having to build a fulfillment infrastructure. 

You have 15 seconds to grab the attention of visitors on your dropshipping site (abdalslam, 2023)

When you run a dropshipping business, it is crucial to understand that you need to build an excellent online store and make sure you can grab your customers’ attention. According to surveys and research, a customer will browse for 15 seconds on a dropshipping store and if nothing catches their attention, they will click out of the page. This means every dropshipping business must make sure their website and online store offers a wonderful shopping experience and you can grab people’s attention with ease. It is also important for dropshipping businesses to pay attention to their marketing and ensure their strategies are top-notch. 

Dropshipping stores with at least one social media account often generate 32% higher revenue (abdalslam, 2023)

When you run a dropshipping business, your online presence is everything. Simply creating your online store or ecommerce website is not enough, you also need to focus on the marketing and online reputation for your business. Dropshipping businesses that use social media can generate 32% higher revenue than the ones that don’t. This shows how important social media presence and marketing is, especially for dropshipping businesses. It is crucial that you use all the platforms available for your dropshipping store’s promotion and marketing. 

Dropshipping is the fulfillment model of choice for about 33% of online stores (truelist, 2023)

Out of the 24 million online stores and businesses, 33% are using dropshipping fulfillment model. This shows how popular dropshipping has become in the ecommerce world. It is relatively easy and efficient to set up a dropshipping store and get your business started, especially with all the plugins and tools offered by ecommerce platforms for dropshipping these days. Many businesses prefer using the dropshipping fulfillment model because it is easy and convenient. 

Dropshipping suppliers statistics show that manufacturers who use dropshipping earn 18.33% more than those who don’t (truelist, 2023)

Statistics show that dropshipping is not just beneficial for the businesses that use it as a fulfillment model, but it is also great for the manufacturers that provide dropshipping services for businesses. If you provide dropshipping services as a manufacturer, you can earn over 18% more than the manufacturers who don’t provide these services. It is an excellent way to make sure your products are being sold and you will always have customers once you start working with a business that uses the dropshipping model. 

Approximately 23% of all online sales are fulfilled through dropshipping (truelist, 2023)

Dropshipping is a fulfillment method that has become more popular than ever and is only projected to grow even more and reach new heights. As of now, more than 20% of all online sales are fulfilled using dropshipping. This means that the dropshipping businesses have become a huge part of the ecommerce market and they are adding even more value to it. The ease of setting up a dropshipping store and having access to companies that provide dropshipping fulfillment services has also played a huge role in making dropshipping a significant branch of ecommerce. 

Ecommerce retailers, opting for dropshipping, could earn 50% more than those who rely on onsite inventory (truelist, 2023)

One of the reasons why dropshipping is as huge as it is right now is because it is a fulfillment method that enables businesses to increase their earnings and revenue. Businesses that don’t use the dropshipping fulfillment method have to pay for their inventory and warehousing, get a team of skilled workers that can fulfill orders by picking and packing, handle the shipping, and so many other expenses and costs. This is why businesses that use dropshipping can make 50% more earnings compared to businesses that have to rely on keeping their inventory on-site and fulfill orders themselves. 

66% of online shoppers prefer buying from a company that has multiple shipping options (truelist, 2023)

Whether you run an online dropshipping business or are thinking of starting one, it is always beneficial to know and understand how your audience thinks and what your customers want from your business. More than 65% of online shoppers will prefer buying from a business that can offer multiple shipping options. This is crucial to note for dropshipping businesses because you don’t have any control over the shipping yourself, which is why you need to make sure you can find a dropshipping fulfillment partner that can provide multiple shipping options for your online store and you can keep your customers satisfied with your services. 

84% of ecommerce dropshipping retailers point to finding the right supplier as the main obstacle to their business (truelist, 2023)

One of the biggest problems for online dropshipping businesses is finding the right fulfillment partner for your business. More than 80% of the dropshipping businesses and merchants state that finding a reliable supplier is the biggest obstacle they face with their business. It is important to find a dropshipping fulfillment partner that can provide the best products and services for your customers, making sure that they keep coming back to shop from your store. It is essential that the dropshipping fulfillment partner you work with also provides efficient shipping and secure packaging, making sure your customers don’t have any complaints about their shopping experience with your online business. 

There were 2.14 billion digital buyers in 2021 (truelist, 2023)

As a dropshipping company, you need to understand how vast the ecommerce market really is. In 2021, as people were still dealing with the pandemic, there were still over 2 billion buyers online. That is a huge number considering the population of the world is at 8 billion now. A lot of people realized that shopping online is convenient and easy, as you get the products delivered to your doorstep. Online shopping became a huge part of everyone’s lives during the pandemic, and more dropshipping businesses started to take off as well. The more people shop online, the more people will come across dropshipping stores and shop from there as well. 

The average dropshipping success rate is 10-20%, dropshipping stats show (truelist, 2023)

If you are getting into dropshipping and starting your online business, it is crucial that you are aware of the success rate for dropshipping. Many people who run dropshipping companies have stated that the first year of a dropshipping business is the most difficult and if you stick it out, your store can become a success. Most people don’t have the patience to get through a difficult first year, which is why they leave their dropshipping business behind. Although it seems like the success rate for dropshipping is low, if you make it through the first year you can have a good chance at success. 

42% of shoppers online expect a two-day shipping option (truelist, 2023)

When you start an online business or are looking for ways to improve your online business, it is always important to get familiar with what your customers want and expect from your store. More than 40% of people who shop online want short shipping times and they are not willing to wait more than two days for shipping. If you want your dropshipping business to be successful, you have to make sure your fulfillment partner can provide two-day shipping for your customers. As an online business, you are competing with the shipping times provided by giants such as Amazon Prime, and you need to make sure your services are also at the same standard if you want to be successful. 

51% of online shoppers are doing more shopping online even amid easing pandemic restrictions (truelist, 2023)

When the pandemic hit, everyone around the world was trying to deal with the strict lockdowns and restrictions on going out. During such harsh times, shops were closed or operational only for a limited time, which is why people had to start shopping online more. Soon everyone realized that online shopping was very convenient, as you buy the items you want and they get delivered straight to your doorstep, saving a lot of time. Even as the world is slowly moving towards normalcy again, people are still shopping online and ecommerce is continuing to grow, which is also an opportunity for dropshipping businesses to expand and hold an even bigger market share in the online business sector. 

Approximately 23% of online sales last year were fulfilled via dropshipping, which amounts to about $85.1 billion (truelist, 2023)

It is important to note that the dropshipping sales hold a huge share in the ecommerce market and amount to over 85 billion USD, which is a lot. As more businesses have started to adopt the dropshipping fulfillment method, the sales are growing and the revenue generated each year from dropshipping also continues to increase. Over the next few years, the dropshipping revenue is set to surpass 300 billion USD as the sector is becoming more popular and expanding all across the globe. 

With ecommerce growing by about 17% every year, it’s projected that the popularity of dropshipping as a fulfillment model will continue to increase alongside the industry (webinarcare, 2023)

Ecommerce is a sector that has shown significant growth over the last few years and it is an industry that will continue to expand each year. According to experts, the ecommerce industry will be growing by at least 17% every year, and as the ecommerce market grows, so will dropshipping. More businesses have started using dropshipping as their preferred method of fulfillment, and there is a lot of scope in the sector for up and coming dropshipping companies as well. 

Ecommerce and dropshipping profits have reached over $4 billion, which is a 7 percent year on year increase for the last 10 years (webinarcare, 2023)

If you look at the profits for dropshipping and ecommerce, there has been a 7% year on year increase. This amounts to around 4 billion USD in profit. It is important to note that dropshipping businesses have become an integral component of the ecommerce industry and bring in a huge percentage of the total online sales. The businesses that use dropshipping make a lot of profit, and are almost 50% more profitable than the businesses that store their inventory on-site and carry out traditional fulfillment for their business. This also means that a lot of the profit that the ecommerce industry has made over the years has come from dropshipping businesses. 

Stores using Oberlo, source 81.92% of their products from Oberlo (webinarcare, 2023)

Oberlo has been a huge tool for the dropshipping industry and the businesses that used Oberlo for their stores were sourcing more than 80% of their products from Oberlo as well. Oberlo was the dropshipping service extension offered by Shopify for their ecommerce businesses. However, in 2022, Shopify announced that it is shutting Oberlo down. There are many other dropshipping extensions for online stores and websites other than Oberlo as well that they can use for their fulfillment operations. 

As of April 2021, 12.82% of Shopify stores are using at least one dropshipping product while 7.10% of products in all Shopify stores are supplied from a dropshipping service (webinarcare, 2023)

According to recent statistics, more than 12% of all ecommerce stores on the Shopify platform are using at least one dropshipping product. It is also important to note that more than 7% of all the products available on the Shopify ecommerce stores are coming from a dropshipping service. This goes on to show how important dropshipping has become in today’s day and age and a lot of the ecommerce businesses are using dropshipping in some capacity for their online store. 

Successful dropshippers estimates that the dropshipping business with highest success rate is around 10 percent during the first year of operations (webinarcare, 2023)

As a dropshipping business, you must understand that the first year of operations can be challenging and it might not bring the results you are hoping for immediately. It is crucial that you stick around for a while and be patient with your dropshipping business. You should also make sure that you do everything you can for your marketing and more people can see and access your online store, helping you get sales. It is noted by successful dropshipping businesses that the highest success rate for the first year even for them is around 10%, which is why you have to trust the process and the time it takes.

23% of all online sales are fulfilled by dropshipping and the 77% of sales that are not fulfilled by dropshipping are primarily driven by industry giants with the resources to handle their own fulfillment efficiently (webinarcare, 2023)

When you are getting into dropshipping, understanding the ecommerce industry and how the businesses operate is important. More than 20% of all the online sales carried out are fulfilled through dropshipping, which is a huge number. Even more important to note is that the majority of the sales that are not fulfilled through dropshipping are for the industry giants and big brands. These companies have the resources and infrastructure to handle their own fulfillment efficiently and don’t have to rely on dropshipping.