Software Dropshippers: Making Money From Home With Ecommerce
are making money working from home with an ecommerce business, and you can, too!
The World Wide Web has opened up new vistas of opportunity for anyone who is interested in having their own home business and dropping out of the 9-5 rat race. Ecommerce businesses take a fraction of the time and money required to get a traditional brick and mortar business off the ground and running, and dropshipping in particular takes the process to a whole new plateau of easy.
If you are wondering what is the single most important thing you can do in order to be successful in an ecommerce home business, it would probably be to find a lucrative niche.
For an ecommerce dropshipping niche to be profitable, it is essential to choose one with a large enough consumer demand to ensure you have plenty of people who want and/or need your products. Without that, you basically would be spinning your wheels and not making enough money to make your home business profitable.
So, choosing a hot niche with plenty of demand, and then fulfilling that demand, is paramount to ecommerce success.
Software is such a niche.
One thing to consider is that this is not only a profitable niche in high demand, but it is also a very broad niche. There are scads of different types of software:
- Home Design
- And More
You might feel more than a little overwhelmed if you tried to tackle every type of software. On the other hand, you might not. One of the beautiful things about joining the ranks of software drop shippers who are earning great incomes right from the security, comfort and privacy of their own homes is that you don’t have to pay for your products up front with the dropship business model.
You don’t house any inventory, either. So, what this means is that you are free to dropship as many types of software as you want to with no worries about buying a bunch of products you can’t move and getting stuck with excess inventory.
Here are some rather interesting stats from a study conducted back in 2007 by BSA:
The software industry adds more than $260 billion in value to the US economy...
CONTRIBUTING TO NATIONAL PROSPERITY: The software and related services sector’s real contribution to GDP exceeded $261 billion in 2007. (This was nearly twice as large as the real value added by the entire recreational, cultural and sporting sector.)
[Source: OECD, STAN Database for Structural Analysis, ed. 2
... And its contribution has historically grown much faster than the rest of the economy.
OUTPERFORMING THE ECONOMY: In 2007, the software and related services sector experienced a real annual growth rate of 14%, compared with a real annual growth rate of 2% for all US industries. This sector has outpaced the rest of the economy in each year since 2003.
[Source: OECD, STAN Database for Structural Analysis, ed. 2008
TOP SOFTWARE-USING NATIONS:
In 2008, the US share of the packaged software market was $136.6 billion, or 45.9% of the world market. Although the US is the single largest software market in the world, more than half of the world’s software market lies outside the US.
GLOBAL MARKET SIZE:
The worldwide PC software market was $88 billion in 2008, representing 30% of the total packaged-software market, which was $297 billion. Packaged software includes applications (e.g., Corel Draw, or Autodesk Autocad), application development and deployment tools (e.g. Adobe ColdFusion or Embarcadero RAD Studio 2010), and system infrastructure software (e.g., Microsoft .NET Framework).
PC software includes all packaged software that runs on personal computers, including operating systems (e.g., Apple OS X and Microsoft Windows), systems software such as databases (e.g., Sybase Advanced Server Enterprise 15), security packages (e.g., Symantec Norton 360 or McAfee Total Protection), and business and consumer applications (e.g., Intuit Quicken, Rosetta Stone, Corel WordPerfect or Quark QuarkXPress).
Now, keeping in mind that these numbers were from several years ago and that the market has grown tremendously since then, it’s easy to see that there is a world of potential here to make some serious money!
Anyone who would love to work from home should take a look at the niche that has software drop shippers making big bucks and get started today!