Must-Have Dropshipping Tools and Software in 2025: Grow Your Business

Enterprise Steven Guo Brand Name Medjool Days Business Model Dropshipping Founded 2020 Revenue $12 million While most of his peers are still stressing over their first job, 24-year-old Steven Guo has already built 15 e-commerce businesses, generating $12 million in revenue. He didn’t come from a wealthy family, didn’t graduate from a top university, and wasn’t even a standout student in college. At this point, you might be wondering: In a world where Temu and SHEIN dominate global markets, how did an ordinary young entrepreneur carve out a space in dropshipping? While countless sellers are trapped in brutal price wars, how did he uncover hidden, high-profit niche markets? Today, we take a closer look at Steven’s entrepreneurial journey—diving into how he scaled multiple businesses to seven figures, his secrets to finding million-dollar products, and the biggest challenges newcomers face in e-commerce. The Path to Wealth: From Fidget Spinners to a Million-Dollar Empire     High School Beginnings  Steven’s entrepreneurial journey began in high school. At the time, he recognized the booming trend of fidget spinners, sparking an idea to earn pocket money by selling small toys online. He chose Reddit as his promotion platform, tirelessly spamming various subforums. Eventually, the “ding” on his Shopify platform signaled his first order. This small success made him realize the immense potential in e-commerce and fueled his passion to explore further. University Expansion  In his first year of university, Steven boldly entered a new market: selling anime figurines dressed in Nike sneakers. These creative collectibles quickly gained traction, even attracting celebrity buyers like Justin Bieber. Despite facing copyright issues, he managed to generate substantial income. Over time, he launched multiple brands—some thrived, while others faded—but […]

You’ve probably heard the saying: “Price = Cost × 2.” Sounds nice, doesn’t it?But anyone who’s done dropshipping knows — if you really follow that, you’ll basically end up eating dirt. This article will walk you through, step by step: where your profits actually go, and how to calculate a realistic pricing strategy to avoid the nightmare of “the more you sell, the more you lose.” The Cost Components of Dropshipping  Don’t fool yourself into thinking the cost is just what you pay on 1688, AliExpress, or Temu. The real cost = product price + shipping + fees + marketing expenses + returns/customer service + taxes + your own salary/profit expectations. Let’s break it down: Cost Item Example Data (Selling One T-shirt) Product Cost ¥20 (AliExpress cost) International Shipping ¥15 (ePacket or Yanwen small package) Platform Fees ¥5 (e.g., PayPal + Shopify transaction fees) Marketing Cost ¥30 (Facebook ad spend) Returns/After-sales Allocation ¥3 (average 1 return per 10 orders) Other Expenses ¥2 (Shopify subscription, domain, customer service, etc.) Total Cost ¥75 Note: This doesn’t include your profit expectations yet. How to Calculate Your “Bottom-Line Price”   Many people set prices on a whim: “The product cost is ¥30, so I’ll sell it for ¥60. That should be enough to make a profit.” But in dropshipping, this kind of pricing is basically suicidal. Your costs are much more than just the product price — you have shipping, advertising, platform fees, after-sales costs, and more. If you don’t calculate these clearly, you might think you’re making money on a sale, but in reality, you’re losing. So let’s get clear on a crucial concept — the bottom-line price. What is the bottom-line price?The […]

Introduction: The New Face of E-commerce In today’s digital economy, starting an online business no longer requires warehouses stacked with products or massive upfront investments. Thanks to the dropshipping model, anyone with a laptop and internet connection can launch an e-commerce business with minimal risk. Dropshipping has transformed the global retail landscape by eliminating one of the biggest traditional barriers to entry — inventory. If you’ve ever dreamed of running your own online store but were held back by fear of inventory management, logistics, or storage costs, this beginner’s guide is for you. In this article, we’ll explain everything you need to know about dropshipping — what it is, how it works, and the practical steps to build a profitable dropshipping business from scratch. What Is Dropshipping? Dropshipping is an order fulfillment method where the retailer doesn’t keep products in stock. Instead, when a customer makes a purchase, the retailer forwards the order to a third-party supplier who ships the product directly to the customer. That means as a dropshipper, you never handle or store the inventory yourself. Your primary role is to market and sell products, while the supplier manages manufacturing, warehousing, and shipping. Here’s how it typically works: You set up an online store and list products from your supplier. A customer places an order and pays you retail price. You forward the order to your supplier, paying the wholesale price. The supplier ships the product directly to your customer. You keep the profit — the difference between the retail and wholesale prices. Why Dropshipping Is So Popular Dropshipping has gained immense popularity among entrepreneurs, especially beginners, for a few key reasons: 1. Low Startup Costs You don’t […]