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There is no simple answer to how many dropshipping stores you can run. It's how much time and how much effort are you willing to put in? If you want to open a few dropship accounts but spend all your time on one then why not concentrate on that store? Running multiple stores at once will help you understand the dos and don'ts of running a dropshipping business.
How to run multiple dropshipping stores
We work with several dropshipping businesses across the US and it gives us a trustworthy insight into the process. What we have found in the process is going for too many at the same time without any proper strategy always brings down the business.
Thus, four reasons we have compiled here that will help you running multiple dropshipping stores without raising any flags or concerns.
Know what sells and have solid reasons for opening a store
If you have no idea or just guessing what products will sell on eBay or Amazon then it's unlikely that your new store will be successful. You need to spend time researching to find out the top-selling products in your niche.
If you see another store in a different niche making good money by selling products A, B and C then that's how you know they will sell. If the other stores are ranking well for their main keywords and you can understand how they are doing it then that's how you know those products have demand.
Don't open multiple dropshipping stores at once
There is nothing wrong with opening up several accounts if it helps your understanding of how to run them efficiently. The problem comes when you spread yourself thin over too many businesses without creating any sales momentum or audience for yourself.
Avoid multiple PayPal accounts
You might think that having two PayPal accounts isn't a big deal but if one account gets flagged for suspicious activity while doing larger orders then you could be in big trouble.
For example, your current main account does $1,000 worth of orders a month and the new one does $50 worth of orders. If that second account gets flagged for fraud you are likely to lose everything including your product inventory in stock on Amazon marketplace or eBay.
Thus, avoid using multiple PayPal to dropship to multiple stores. It can have a serious detrimental impact on your finances and transactions.
Selling multiple products
You can have two stores selling the same type of product. This might cause some confusion if someone is looking for a specific product then they will go with whose ranked higher or which has more details about how it works.
In most cases, this won't slow down your sales. Each store should get its fair share of customers but remember how important sales velocity can be for ranking high in dropshipping business.
When you do decide on how many accounts to open at once make sure you have the time and energy to give them all the attention they need. Once started try not to enter into too much competition with yourself, if one store is doing well don't set up a second store that will sell the same type of product as there is already a demand for it.
Remember how important sales velocity can be for running multiple dropshipping stores. Sometimes you need to get back to basics to achieve that.
How Many Dropshipping Stores Can One Person Run?
If your goal is only a small number of successful sites in different niches, how many is too many? Would it be possible to rank higher while running multiple dropshipping stores? I think that with some solid effort you could do well.
There are plenty of people out there looking for how to do this and how to succeed at running more than one store. It's also a great way of diversifying your income source by selling multiple products on the internet.
So how many dropshipping stores can one person run?
It seems easy enough if you put in the time, work hard and treat it as a business rather than a side project. Just remember that any successful businesses usually start off doing a lot of small things right like taking care of their customer’s needs before they even consider how to run multiple dropshipping stores.
I hope that you have enjoyed how to run multiple dropshipping stores as much as I did writing it. You may also be interested in how to make money from home - how many online businesses can one person run?
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Don't forget, you can get a fully automated USA based dropship website, built for you, in whatever niche you want, in 72 hours or less. Go to https://learn.dropshipusa.io/webclass to register for our free webinar that will teach you our secret dropship model, and how you can get it built for you in only 3 days!