{"id":12047,"date":"2023-10-11T14:52:17","date_gmt":"2023-10-11T14:52:17","guid":{"rendered":"https:\/\/appscenic.com\/?p=12047"},"modified":"2023-10-11T14:56:19","modified_gmt":"2023-10-11T14:56:19","slug":"the-truth-about-dropshipping-the-right-mindset-and-expectations","status":"publish","type":"post","link":"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/","title":{"rendered":"The Truth About Dropshipping &#8211; Setting The Right Mindset And Expectations"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">We\u2019re sure you\u2019ve already read about this, but we\u2019re still going to repeat it: dropshipping is not a get-rich-quick scheme.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Building a successful dropshipping store takes patience, hard work, and dedication &#8211; just like any other business. But trust us, the rewards are totally worth it!<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To set the record straight, we decided to write the next article and explain what&#8217;s hype and what\u2019s reality. And, most importantly, we wanted to share with you five tips that will help you start dropshipping with the right mindset and expectations for long-term success.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a00c63a0f847\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a00c63a0f847\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#Dont_fall_for_these_dropshipping_myths\" >Don\u2019t fall for these dropshipping myths<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#5_tips_for_adopting_the_right_mindset\" >5 tips for adopting the right mindset<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#1_Make_data-based_decisions\" >1. Make data-based decisions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#2_Patience_is_key\" >2. Patience is key<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#3_Think_long-term_goals\" >3. Think long-term goals<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#4_Set_realistic_expectations\" >4. Set realistic expectations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#5_Have_a_sufficient_budget\" >5. Have a sufficient budget<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/appscenic.com\/blog\/the-truth-about-dropshipping-the-right-mindset-and-expectations\/#Whats_next\" >What&#8217;s next?<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Dont_fall_for_these_dropshipping_myths\"><\/span><b>Don\u2019t fall for these dropshipping myths<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Now, let&#8217;s start by separating fact from fiction when it comes to what you may hear about dropshipping online.<\/span><\/p>\n<p><b>Myth<\/b><span style=\"font-weight: 400;\">: It&#8217;s easy to make 5 to 6 figures a month with barely any work.<\/span><\/p>\n<p><b>Reality<\/b><span style=\"font-weight: 400;\">: You can make 5 to 6 figures a month and build a profitable dropshipping business but it will take significant time, effort and testing, and it won\u2019t happen overnight. Those huge revenue screenshots you see on Reddit rarely show the full story.<\/span><\/p>\n<p><b>Myth<\/b><span style=\"font-weight: 400;\">: You only need a few winning products to get rich.<\/span><\/p>\n<p><b>Reality<\/b><span style=\"font-weight: 400;\">: That\u2019s one possibility and in the long term, isn\u2019t actually viable. But finding an evergreen niche and building your entire brand and store with groups of products of that niche is more sustainable over time.<\/span><\/p>\n<p><b>Myth<\/b><span style=\"font-weight: 400;\">: You&#8217;ll get sales immediately after launching a store.<\/span><\/p>\n<p><b>Reality<\/b><span style=\"font-weight: 400;\">: That would be awesome, right? But the truth is it takes most dropshipping stores months to start seeing results, depending on competition and how quickly you optimize.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now let&#8217;s talk mindset!<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-12050\" src=\"https:\/\/appscenic.com\/wp-content\/uploads\/2023\/10\/Dont-fall-for-these-dropshipping-myths.jpg\" alt=\"\" width=\"2400\" height=\"1200\" srcset=\"https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/Dont-fall-for-these-dropshipping-myths.jpg 2400w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/Dont-fall-for-these-dropshipping-myths-300x150.jpg 300w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/Dont-fall-for-these-dropshipping-myths-1024x512.jpg 1024w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/Dont-fall-for-these-dropshipping-myths-768x384.jpg 768w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/Dont-fall-for-these-dropshipping-myths-1536x768.jpg 1536w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/Dont-fall-for-these-dropshipping-myths-2048x1024.jpg 2048w\" sizes=\"(max-width: 2400px) 100vw, 2400px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"5_tips_for_adopting_the_right_mindset\"><\/span><b>5 tips for adopting the right mindset<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Succeeding in dropshipping requires patience, persistence and thinking long-term.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, these are 5 mindset tips to help you set real expectations and build a strong foundation right from the start.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Make_data-based_decisions\"><\/span><b>1. Make data-based decisions<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">Emotional choices will only lead you in the wrong direction, at least in dropshipping. Make sure you set up a plan and have a clear set of rules to follow. And always let data be what guides your decisions, even when it seems you\u2019re losing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To help you set some realistic expectations, here are some important stats.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Only 1 in 20 products will be a real winner and therefore pay for the rest of your failed tested products. 5 in 20 products will break even, and the rest of the products are going to be a \u201cfail test\u201d, which means you are probably going to lose money with them.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, our recommendation (and what we also teach in our <\/span><a href=\"https:\/\/academy.appscenic.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">dropshipping course<\/span><\/a><span style=\"font-weight: 400;\">) is to pick an evergreen niche and set up your store with groups of products instead of finding a few winning items.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There are also <\/span><a href=\"https:\/\/appscenic.com\/top-rules-to-follow-for-successful-dropshipping\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">3 dropshipping rules<\/span><\/a><span style=\"font-weight: 400;\"> we believe you need to follow for a successful business. <\/span><a href=\"https:\/\/appscenic.com\/top-rules-to-follow-for-successful-dropshipping\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Find out more about each of them in this article.\u00a0<\/span><\/a><\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_Patience_is_key\"><\/span><b>2. Patience is key<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">As we already established at the beginning of this article, this isn&#8217;t a get-rich-quick scheme. Most people who start dropshipping see results after 2+ months. So, you should give it 6 months before deciding if dropshipping works for you. Patience is key when talking about dropshipping.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We recommend having a budget that will cover at least six months of activity. This way you have a greater chance of finding a group of products that will generate enough profits in the long term.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Think_long-term_goals\"><\/span><b>3. Think long-term goals<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">The idea is to find a niche and a group of evergreen products and then build your store around them, not hunt for one miracle product. So, think long-term and stop dreaming about finding that one BIG product.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Focus on<\/span><span style=\"font-weight: 400;\"> creating a scalable business and growing your store step by step, not finding winning products after winning products.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_Set_realistic_expectations\"><\/span><b>4. Set realistic expectations<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">It&#8217;s great to dream big, but you also need to set realistic goals. Building a business takes time and learning. Always.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, it&#8217;s essential to set some achievable goals before starting dropshipping. This means deciding why you want to do this and what you want to achieve.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, let&#8217;s say you want to have an extra income of $2000 per month from dropshipping. Now, how much do you think you need to invest for this to happen? Can you make $2000 in profit each month with just $300 in initial investment? And is it possible to make this happen in just 2 months?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Well, from our experience, it\u2019s almost impossible to get these results in 2 months with that small investment. You need to invest much more money and effort and even then, it may take several months or more to see these results.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">So, make sure you set achievable goals for the next 3 to 6 months.\u00a0<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"5_Have_a_sufficient_budget\"><\/span><b>5. Have a sufficient budget<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"font-weight: 400;\">First of all, let\u2019s get one thing straight right away, you can\u2019t start dropshipping without investing any money.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To have any chance at succeeding in dropshipping, you need to prepare a budget that covers at least 3 to 6 months of activity. This budget covers the backend and store setup, testing products, optimizing ads, and straightening your strategies.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Now, as to what exactly is a minimum budget, well, that\u2019s hard to say, as a budget depends on so many things, such as the type of store, niche size, type of products, audience, and competition, among others.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But, to give you an idea of how much it can be to dropship, from building an online store with all the necessary features and tools to having some budget for advertising, can cost you around $1500 to $3000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And, remember, you are starting a new business from zero, one that you can scale up as much as you want. However, for that, you have to invest some money.<\/span><\/p>\n<p><a href=\"https:\/\/appscenic.com\/the-true-cost-of-dropshipping\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Find out the true cost of dropshipping<\/span><\/a><\/p>\n<p><img decoding=\"async\" class=\"alignnone size-full wp-image-12049\" src=\"https:\/\/appscenic.com\/wp-content\/uploads\/2023\/10\/5-tips-for-adopting-the-right-mindset-in-dropshipping.jpg\" alt=\"5 tips for adopting the right mindset in dropshipping\" width=\"2400\" height=\"1200\" srcset=\"https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/5-tips-for-adopting-the-right-mindset-in-dropshipping.jpg 2400w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/5-tips-for-adopting-the-right-mindset-in-dropshipping-300x150.jpg 300w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/5-tips-for-adopting-the-right-mindset-in-dropshipping-1024x512.jpg 1024w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/5-tips-for-adopting-the-right-mindset-in-dropshipping-768x384.jpg 768w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/5-tips-for-adopting-the-right-mindset-in-dropshipping-1536x768.jpg 1536w, https:\/\/appscenic.com\/blog\/wp-content\/uploads\/2023\/10\/5-tips-for-adopting-the-right-mindset-in-dropshipping-2048x1024.jpg 2048w\" sizes=\"(max-width: 2400px) 100vw, 2400px\" \/><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Whats_next\"><\/span><b>What&#8217;s next?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">So, now that you have learned the truth about dropshipping, do you still want to start such a business?<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If that&#8217;s a yes and you want <\/span><span style=\"font-weight: 400;\">to start building an online store or want to improve your dropshipping strategies, check out <\/span><a href=\"https:\/\/academy.appscenic.com\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">our complete dropshipping course<\/span><\/a><span style=\"font-weight: 400;\"> where we guide you through the process step-by-step.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And if you have any other questions, feel free to reach out. We&#8217;re always happy t<\/span><span style=\"font-weight: 400;\">o chat about dropshipping.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>We\u2019re sure you\u2019ve already read about this, but we\u2019re still going to repeat it: dropshipping is not a get-rich-quick scheme. Building a successful dropshipping store takes patience, hard work, and dedication &#8211; just like any other business. But trust us, the rewards are totally worth it! To set the record straight, we decided to write [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":12051,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[88,27],"tags":[90,89,28],"class_list":["post-12047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-academy","category-dropshipping","tag-academy","tag-course","tag-dropshipping"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/posts\/12047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/comments?post=12047"}],"version-history":[{"count":0,"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/posts\/12047\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/media\/12051"}],"wp:attachment":[{"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/media?parent=12047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/categories?post=12047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/appscenic.com\/blog\/wp-json\/wp\/v2\/tags?post=12047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}