If you wish to make an affect within the dropshipping world, you’ve received to know the statistics, traits, and what’s sizzling.
So, right now, we now have 40 (sure, 40!) must-know dropshipping statistics that can enhance your information and encourage you too!
In an effort to create this report, the information of 600k+ dropshipping shops was crawled on April 30, 2023 – for his or her put in apps, creation date, area of interest, advertising strategies, and far more!
Are you able to be amazed?
8 Key Dropshipping Statistics in 2023 (Editor’s Picks)
Are you contemplating beginning a dropshipping enterprise? Or maybe you’re already working one and simply want to remain on prime of the most recent traits?
Both means, it may be actually helpful to have an understanding of the important thing dropshipping business statistics.
Let’s check out eight of the largest and most enjoyable numbers proper now!
Disclaimer: On account of minor imperfections of the crawling system, please know that we are able to’t assure an ideal, 100% accuracy of the information and thus the statistics we discovered. However, we’re assured that these statistics intently signify actuality because of the complete quantity of information captured.
1. Dropshipping remains to be rising in reputation in 2023, with search curiosity rising about 50% year-over-year
- The important thing takeaway: Dropshipping doesn’t present any indicators of slowing down.
In case you have been questioning, dropshipping remains to be very a lot related in 2023.
In truth, search curiosity has grown by a whopping 50% year-over-year.
So, in the event you’ve been contemplating hopping on board, now’s the time!
Be taught extra:
2. Solely round 1.5% of dropshipping shops are estimated to have a month-to-month income of over $50k
- The important thing takeaway: Making large bucks in dropshipping isn’t a stroll within the park – it takes dedication and technique.
It’s vital to notice that solely round 1.5% of dropshipping shops are estimated to have a month-to-month income of over $50k.
This isn’t meant to burst your bubble however quite to emphasise that attaining this success requires severe dedication, technique, and a never-give-up angle.
So, don’t be discouraged – as an alternative, use this statistic to inspire your self to purpose for the highest!
Be taught extra:
3. 80.9% of the highest 1% of dropshipping shops are primarily promoting within the US, adopted by Canada (5.2%) and the UK (4.1%)
- The important thing takeaway: The US stays the highest dropshipping market.
In relation to the highest 1% of dropshipping shops, the US is the undisputed champ, boasting an enormous 80.9% market share!
Be taught extra:
4. Clothes merchandise made up practically 16% of all merchandise dropshipped on Shopify
- The important thing takeaway: Clothes is a well-liked area of interest for Shopify dropshipping shops.
This one reveals that in the event you’re trying to dropship some clothes objects, you’re in good firm on Shopify.
With clothes merchandise making up practically 16% of all objects dropshipped on the platform, it’s clear that vogue is a fan favourite amongst Shopify customers.
Tip: Did you create your Shopify account already? If not, join by clicking this hyperlink right here to get a free 3-day trial + pay $1/month for the primary 3 months!
Be taught extra:
5. The highest three most put in dropshipping apps are DSers, CJdropshipping, and Zendrop
- The important thing takeaway: When wanting particularly at dropshipping apps, DSers, CJdropshipping, and Zendrop are the most well-liked.
DSers takes the highest spot of probably the most put in dropshipping app with 185k installs, adopted by CJdropshipping with 71k installs and Zendrop with 31k installs.
All these apps provide help to discover suppliers and handle your orders, merchandise, and transport!
Be taught extra:
6. Simply 7% of dropshipping shops have put in an up- or cross-sell app
- The important thing takeaway: Don’t miss the chance to spice up your gross sales with up- and cross-selling methods.
When dropshipping, you wish to maximize your income in any means you possibly can.
One efficient technique is up-selling or cross-selling, however shockingly, solely 7% of dropshipping shops have put in an app for it.
This can be a huge alternative to extend gross sales, so don’t miss out!
Be taught extra:
7. Free supply is an important on-line buy driver, encouraging 49.4% of customers
- The important thing takeaway: Free supply is king!
Do you know that nearly half of internet buyers are motivated to click on ‘purchase’ by free supply?
That’s proper – in line with latest knowledge, 49.4% of customers think about free supply as probably the most crucial issue when making a web based buy.
So in the event you’re a dropshipper trying to appeal to extra clients, you may wish to think about providing this candy perk to your clients. Who can resist free transport, proper?
8. The TikTok Pixel is put in on about 35% of dropshipping shops
- The important thing takeaway: TikTok is not only for dancing movies! About 35% of dropshipping shops have tried or used it as a part of their advertising technique.
For those who thought TikTok was only for Gen Z to indicate off their dance strikes, assume once more!
This social media platform is changing into a robust instrument for dropshipping shops, with over a 3rd of them putting in the TikTok Pixel.
The TikTok Pixel is much like Fb Pixel in that it permits you to monitor the actions customers take in your web site after clicking on a TikTok advert.
Be taught extra:
32 Extra statistics it’s best to know in the event you’re a dropshipper
Do you know that Germany is the fastest-growing dropshipping market in Europe? Or that attire is the most typical dropshipping area of interest?
The reality is, in the event you’re severe about understanding the world of dropshipping, then these 32 stats needs to be top-of-mind!
The worldwide dropshipping market
Let’s begin with some statistics concerning the world dropshipping market:
9. The dropshipping market measurement in 2023 is $287.36 billion and is anticipated to develop at a CAGR of 23.4% from 2023 to 2030
- The important thing takeaway: Now could be one of the best time to get into the dropshipping.
With a price of $287.36 billion in 2023, it’s clear that the dropshipping business will not be a tiny one. However wait, there’s extra!
The market is anticipated to develop at a formidable CAGR of 23.4% between 2023 and 2030.
So, in the event you’ve been contemplating leaping into the dropshipping recreation, there’s no higher time than now!
Be taught extra:
- The important thing takeaway: North America is a wonderful market to concentrate on.
With a staggering market share of over 35.72% in 2022, it’s clear that North America is a dropshipping powerhouse.
This domination could be attributed to the robust ecommerce infrastructure, excessive web penetration, and the ever-growing urge for food for on-line purchasing.
So, in the event you’re fascinated with the place to focus your dropshipping efforts, holding a detailed eye on the North American market may be clever.
In spite of everything, they are saying to go the place the cash is – and on this case, it’s positively heading west!
Be taught extra:
11. Cost safety is one of many key issues confronted within the dropshipping business
- The important thing takeaway: Present your retailer’s top-level cost safety to construct belief with clients.
One of many main issues clients have is cost safety – no one needs to lose their hard-earned money to some sketchy on-line retailer.
So, it’s essential to make sure that your dropshipping enterprise has top-notch cost safety measures in place.
Use dependable cost gateways and SSL certificates, and observe finest practices for dealing with delicate data.
Be taught extra:
12. Germany is anticipated to be the fastest-growing dropshipping market in Europe, with a CAGR of 16.9%
- The important thing takeaway: Control Germany as a promising European dropshipping hotspot.
Do you know that Germany is a thriving dropshipping market that’s outpacing its European neighbors?
It presents a improbable alternative for these trying to broaden their dropshipping horizons.
Who is aware of, perhaps your subsequent best-selling product can be successful amongst German customers!
Be taught extra:
13. About 27% of all present dropshipping shops have been created in 2022
- The important thing takeaway: A big proportion of dropshipping shops have been created final 12 months.
It’s clear that dropshipping is common.
However be warned – with the rise in new shops, competitors is getting fierce!
14. Within the first quarter of 2023, round 175k dropshipping shops have been created
- The important thing takeaway: The dropshipping reputation continues with a surge of latest shops in early 2023.
In simply the primary quarter of 2023, 175k dropshipping shops have been created.
However as talked about, with nice reputation comes nice competitors.
So, in order for you a bit of the pie, be ready to innovate, adapt, and stand out from the group.
Be taught extra:
15. Roughly 45% of all present dropshipping shops have been began in 2021 or earlier
- The important thing takeaway: Practically half of the dropshipping shops created over two years in the past nonetheless exist.
Do you know that just about half (45%, to be actual) of all present dropshipping shops have been began in 2021 or earlier?
That’s proper – these veteran shops have been round for some time and have managed to remain afloat amidst the ever-changing ecommerce business.
16. Africa is the least common dropshipping market
- The important thing takeaway: Africa’s dropshipping market is difficult (however might supply alternatives in the event you’re risk-tolerant).
Whereas viewing the African market as an untapped alternative may be tempting, it’s vital to think about the explanations behind its present standing.
Challenges like underdeveloped ecommerce infrastructure, logistical hurdles, and web penetration points make it a troublesome market to crack.
Nonetheless, in the event you’re a daring entrepreneur who actually understands the dangers, Africa may simply be the untapped market you’re on the lookout for.
Be taught extra:
- The important thing takeaway: Brazil is a surprisingly common nation for dropshipping shops.
Do you know that Brazil is making its strategy to the highest of the dropshipping charts?
With a formidable market share of 11.9%, it’s the second-most common nation for dropshipping shops, proper behind the US.
18. 74.2% of dropshipping shops are in English, adopted by Portuguese (12.0%) and French (4.5%)
- The important thing takeaway: English dominates the dropshipping language panorama, however don’t overlook different languages.
Unsurprisingly, 74.2% of dropshipping shops are in English – it’s the language of worldwide communication, in spite of everything.
However don’t let that overshadow the opposite common languages.
Portuguese is available in second place with 12.0%, adopted by French at 4.5%
19. Virtually 1 / 4 of the highest 1% of dropshipping shops sells between 250 and 999 merchandise, and solely 4.5% promote lower than ten merchandise
- The important thing takeaway: When you begin scaling your retailer, you’ll seemingly add increasingly merchandise.
For those who’re aiming for the highest 1% of dropshipping shops, it’s time to embrace selection.
Virtually 1 / 4 of those shops promote between 250 and 999 merchandise, whereas a mere 4.5% supply lower than ten.
The lesson right here?
A one-product retailer could be an effective way to begin dropshipping, however when scaling, don’t be stingy together with your product choices.
Clients love selections, and a various catalog can assist you cater to a wider viewers.
Be taught extra:
Dropshipping niches
Do you agree that selecting a distinct segment is difficult?
If that’s the case, these statistics may offer you some new insights!
20. Attire is the most typical dropshipping area of interest, chosen by 22.3% of all dropshipping shops
- The important thing takeaway: The style area of interest is the most well-liked amongst all dropshipping shops.
Seems, attire is the most typical dropshipping area of interest, with 22.3% of all shops strutting their product catalogs on this class.
However don’t let the glamour of vogue blind you to different nice niches – house & backyard and wonder & health are additionally sizzling selections!
Be taught extra:
21. 26.0% of the highest 1% of dropshipping shops promote attire
- The important thing takeaway: Style-forward dropshippers are raking within the earnings.
In relation to the highest dropshipping shops, 26.0% are within the attire area of interest.
This simply goes to indicate that vogue can also be a profitable market in the event you’ve received a eager eye for model.
Simply keep in mind, on the planet of vogue, in the future you’re in, and the subsequent day you’re out!
| Retailer area of interest | Proportion of prime 1% of dropshipping shops |
| Attire | 26.0% |
| Dwelling & Backyard | 9.9% |
| Magnificence & Health | 8.4% |
| Sports activities | 8.4% |
| Toys & Hobbies | 4.1% |
| Well being | 3.8% |
| Pets & Animals | 3.4% |
Be taught extra:
- The important thing takeaway: Electronics is one other prime contender for the biggest dropshipping area of interest, particularly in North America.
That’s proper, from smartphones to good audio system, North Individuals can’t get sufficient of their tech toys.
Simply keep in mind to watch out of the product high quality when dropshipping electronics!
Be taught extra:
23. 27.2% of dropshipping shops have lower than ten merchandise of their catalog
- The important thing takeaway: Measurement doesn’t at all times matter – small catalogs can nonetheless pack a punch!
Do you know that 27.2% of dropshipping shops have lower than ten merchandise of their catalog?
That’s proper – generally much less is extra on the subject of making a killer product lineup.
Keep in mind, it’s not the scale of your catalog that counts, however the way you promote it!
Be taught extra:
24. About 85% of the highest 1% of dropshipping shops have a product that prices greater than $100
- The important thing takeaway: Most profitable dropshipping shops cater to wealthier customers by providing merchandise above $100.
85% of profitable dropshipping shops have not less than one merchandise that prices over $100 – so plainly investing in higher-priced choices can repay.
In fact, it’s not nearly slapping a flowery price ticket on any outdated product – high quality and worth are nonetheless very important to success!
Be taught extra:
25. A lot of the prime 1% of dropshipping shops have a mean product value between $30 and $40
- The important thing takeaway: $30 to $40 appears to be the candy spot for the typical value of your merchandise.
In line with the information, lots of the prime 1% of dropshipping shops have a mean product value within the $30 to $40 vary.
| Common product value | Proportion of prime 1% of dropshipping shops |
| $0 – $10 | 1.3% |
| $10 – $20 | 6.0% |
| $20 – $30 | 15.9% |
| $30 – $40 | 17.8% |
| $40 – $50 | 11.9% |
| $50 – $60 | 7.3% |
| $60 – $70 | 4.7% |
| $70 – $80 | 3.6% |
| $80 – $90 | 2.7% |
| $90 – $100 | 2.3% |
| > $100 | 25.0% |
This implies that pricing merchandise on this vary could be a candy spot.
However don’t overlook that product value is only one issue contributing to a retailer’s success!
Be taught extra:
Apps and themes
Fascinated about statistics about dropshipping apps and themes?
If that’s the case, learn on!
26. 57.4% of the highest 1% of dropshipping shops have put in greater than ten apps
- The important thing takeaway: Though it’s really helpful to maintain the variety of apps low in your retailer, you’ll seemingly add more and more extra as soon as your retailer grows.
57.4% of the highest 1% of dropshipping shops have put in greater than ten apps to streamline their operations and supercharge gross sales.
So, in the event you’re dreaming of becoming a member of probably the most profitable dropshipping shops, you’ll seemingly be including some extra apps as properly.
From stock administration to advertising automation, there’s an app for each facet of your online business!
Be taught extra:
27. DSers is probably the most ceaselessly put in app for dropshipping shops, put in in round 29.6% of all dropshipping shops
- The important thing takeaway: For those who’re trying to get into AliExpress dropshipping, DSers is a confirmed app that may provide help to get began.
DSers is an AliExpress dropshipping resolution that enables customers to put orders on AliExpress in bulk, monitor shipments, and handle merchandise.
Different common apps embody ‘Product Critiques’ and ‘Geolocation,’ every put in in roughly 21.0% of all dropshipping shops.
Be taught extra:
28. About 66% of all dropshipping shops have put in a overview app
- The important thing takeaway: Most dropshippers have realized that buyer opinions are gold and have put in a overview app to spice up their gross sales.
Having a very good overview app could make clients belief you, which may result in extra gross sales.
In truth, some research counsel that having one to 10 opinions on the product web page will increase conversions by 52.2%!
So in the event you’re a dropshipper, make sure that to put in a overview app like Loox or Ali Critiques:
Be taught extra:
29. Solely 5% of dropshipping shops use a web page builder, with the most well-liked one being PageFly
- The important thing takeaway: You don’t want fancy instruments to achieve dropshipping, however a web page builder like PageFly can provide you an edge.
Regardless of the abundance of web page builders accessible, solely 5% of dropshipping shops use one.
Nonetheless, a web page builder like PageFly can assist you customise your on-line retailer, enhance the consumer expertise, and finally enhance conversions.
So whereas it’s not a requirement for fulfillment in dropshipping, it’s price contemplating if you wish to stand out!
Be taught extra:
30. The most typical cost gateway for dropshipping shops is PayPal, adopted by Apple Pay, Store Pay, and Google Pay
- The important thing takeaway: Provide PayPal, Apple Pay, Store Pay, and Google Pay as cost strategies in your retailer.
When shopping for stuff on-line, individuals wish to make the cost course of as clean as doable, and that’s the place cost gateways are available.
PayPal is the clear winner, however different gamers like Apple Pay, Store Pay, and Google Pay should not far behind.
Be taught extra:
31. 26% of dropshipping shops supply an order monitoring web page for his or her clients
- The important thing takeaway: You’ll be able to enhance buyer satisfaction by creating an order monitoring web page.
An order monitoring web page lets clients monitor their orders and estimate supply dates.
Nonetheless, solely 26% of dropshipping shops supply an order monitoring web page to their clients.
This lack of transparency can result in buyer dissatisfaction, finally hurting the shop’s fame and gross sales.
Be taught extra:
32. Daybreak is the most well-liked theme for dropshipping shops, being put in in 30.6% of all dropshipping shops, adopted by Debut (7.5%) and Warehouse (7.3%)
- The important thing takeaway: You can also make your dropshipping retailer extra distinctive by not selecting the Daybreak, Debut, or Warehouse themes.
Daybreak is the most well-liked theme for dropshipping shops.
Whereas that could be for a very good cause (it’s a free theme with a clear design), it does make many dropshipping shops appear to be a little bit of the identical.
Be taught extra:
- The important thing takeaway: Widespread selections for premium themes are Impulse, Status, and Movement.
For those who’re a dropshipper trying to give your retailer an expert look, think about considered one of these common premium themes from the Shopify Theme Retailer.
On the similar time, don’t be afraid to discover different themes to seek out the proper match on your model.
For instance, Impulse matches very properly with vogue shops:
Keep in mind attire is the most well-liked dropshipping area of interest, so that is in all probability the explanation why Impulse is so common!
Be taught extra:
Buyer conduct
If you wish to enhance conversions in your retailer, it’s very important to find out about buyer conduct.
So, let’s try this!
34. 57.6% of web customers aged 16 to 64 purchase one thing on-line every week
- The important thing takeaway: Greater than half of virtually all web customers purchase one thing on-line every week.
In line with a latest examine from DataReportal, over 57% of web customers aged 16 to 64 purchase one thing on-line each week.
That’s a whole lot of purchasing luggage to hold, however with the comfort of on-line purchasing, who can blame them?
Whether or not it’s garments, groceries, or perhaps a llama plushie, individuals are making the most of the benefit and accessibility of on-line purchasing, with the Thai topping the rating:
Be taught extra:
35. 41% of customers desire a dwell chat when purchasing on-line
- The important thing takeaway: Add a dwell chat to your dropshipping retailer!
The times of ready on maintain whereas listening to elevator music are lengthy gone.
Clients need instantaneous assist from companies, and that features dropshipping shops!
Be taught extra:
36. Hong Kong, the US, and the UK have the best annual income per client on the planet
- The important thing takeaway: Probably the most keen spenders on the planet dwell in Hong Kong, the US, and the UK.
It appears to be like like Hong Kong, the US, and the UK are main the way in which on the subject of on-line client income per 12 months.
So, in the event you’re a dropshipper concentrating on these markets, you may be in luck!
Be taught extra:
Advertising strategies
You’ll have a superb dropshipping retailer, but when nobody is aware of about it, you’ll nonetheless be left with zero gross sales.
Let’s be taught some extra about advertising from these dropshipping statistics!
37. Roughly 55% of dropshipping shops have put in Fb Pixel to trace guests
- The important thing takeaway: Your dropshipping retailer ought to have a Fb Pixel put in if you wish to sustain.
The Fb/Meta Pixel is a code that helps you monitor web site guests’ actions, optimize advertisements, and construct focused audiences for future advertising.
It’s no shock that over 55% of dropshipping shops have put in this highly effective instrument to drive their advertising success!
Be taught extra:
- The important thing takeaway: TikTok is the place to be for shoppable movies.
For those who’re on the lookout for shoppable movies, TikTok may be the platform for you.
In line with latest stats, it’s the most well-liked social media platform the place customers really purchase merchandise featured in movies:
Who knew these dance challenges might result in a purchasing spree?
39. About 32% of dropshipping shops deliberate to include Pinterest of their advertising technique by putting in a Pinterest tag
- The important thing takeaway: Pinterest is one other common advertising instrument for dropshipping shops.
For those who’re on the lookout for new advertising channels to discover, it may be price giving Pinterest a strive.
In line with latest knowledge, about 32% of dropshipping shops plan to include the platform of their advertising technique by putting in a Pinterest tag.
The tag allows you to monitor individuals’s actions in your web site after clicking in your Pinterest advertisements, serving to you optimize your campaigns and attain your audience extra successfully.
So, why not strive it and see if it really works for your online business?
Be taught extra:
40. About 34% of all dropshipping shops have put in an electronic mail advertising app, with the most well-liked being Shopify Inbox and Klaviyo
- The important thing takeaway: Incorporate electronic mail advertising into your advertising technique.
For those who’re working a dropshipping retailer, you know the way vital it’s to remain related together with your clients.
That’s why it’s unsurprising that round 34% of all dropshipping shops have put in an electronic mail advertising app to assist them keep in contact with their buyer base.
Two of the most well-liked electronic mail advertising apps are Shopify Inbox and Klaviyo, which provide a variety of options that can assist you create and ship newsletters, promotional emails, and different electronic mail campaigns:
Be taught extra:
Abstract
Earlier than we go to the conclusion, we’ve created a fast abstract of this listing for you, so you possibly can simply keep in mind an important insights:
- The perfect time to begin with dropshipping was yesterday, however the second-best time is right now!
- Provide free transport or think about together with transport prices within the product value to extend gross sales.
- Set up a overview app and a up-/cross-sell app to extend conversions.
- Set up Fb Pixel in your web site to trace customer exercise and goal related advertisements to them.
- Think about using TikTok and shoppable movies to advertise your merchandise.
- Set up an electronic mail advertising app to have interaction together with your clients and encourage repeat purchases.
- Provide PayPal, Apple Pay, Store Pay, and Google Pay in your web site to cater to clients’ most popular cost strategies.
FAQs about dropshipping
You probably have extra questions on dropshipping, check out these FAQs!
Is dropshipping nonetheless worthwhile in 2023?
Based mostly on the estimation that 1.5% of dropshipping shops have a month-to-month income above $50k, dropshipping remains to be worthwhile in 2023!
What’s the success price of dropshipping?
The precise success price of dropshipping shops is unknown, with most estimates starting from 10% to 30%. Because of this the failure price of dropshipping shops is round 70% to 90%.
Why do 90% of dropshippers fail?
Round 90% of dropshippers fail because of components like inadequate market analysis, poor area of interest choice, insufficient advertising methods, low-quality suppliers, and lack of dedication to the enterprise.
Conclusion
We hope you discovered our journey by means of the world of dropshipping informative and fascinating!
From the most well-liked niches to probably the most generally used apps, we’ve lined a whole lot of floor.
So, what can we conclude from all these statistics?
Effectively, for one, it’s clear that dropshipping is a rising business, with many niches and merchandise accessible to sellers. Nonetheless, it’s additionally clear that the competitors is fierce, with hundreds of shops vying for purchasers’ consideration and {dollars}.
To face out on this crowded market, it’s vital to concentrate on the issues that matter most to clients.
Which means providing free transport, offering glorious customer support, and showcasing high-quality merchandise with skilled images and descriptions.
It additionally means maintaining with the most recent traits, like TikTok advertising. And naturally, it means utilizing knowledge and analytics to trace your retailer’s efficiency and make knowledgeable selections about which methods are working and which should be adjusted.
We hope you discovered this data useful and that it’s going to provide help to take your dropshipping retailer to the subsequent degree.
Good luck, and glad promoting!
Need to be taught extra about dropshipping?
Prepared to maneuver your dropshipping retailer to the subsequent degree? Take a look at the articles under: