Thanks! I have a hunch that this way of selling might get more traction in the future as well. When you're selling a business, usually the more attention and publicity you get the more buyers (and higher price) you're likely to have.
There are a few things I'm not sharing (like the top selling products, for example), but for the most part, I think the advantages from being transparent far outweigh the risks.
Not a dropshipper, but I believe one of the greatest costs is finding profitable niches. IE many sites won't make any money at all because there's no demand.
When you do find a profitable niche, being transparent can invite competition.
Comments
Thanks! I have a hunch that this way of selling might get more traction in the future as well. When you're selling a business, usually the more attention and publicity you get the more buyers (and higher price) you're likely to have.
There are a few things I'm not sharing (like the top selling products, for example), but for the most part, I think the advantages from being transparent far outweigh the risks.
I think you are right. Transparency rarely hurts.
I'd imagine it hurting a lot.
Not a dropshipper, but I believe one of the greatest costs is finding profitable niches. IE many sites won't make any money at all because there's no demand.
When you do find a profitable niche, being transparent can invite competition.