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Today we talk about 9 types of dropshipping businesses you can start today. Before you start a dropshipping business, it's important to familiarize yourself with all the types of dropshipping businesses that you can start if you're trying to get into eCommerce. Whether you want to learn more about private label dropshipping, white label dropshipping, blind dropshipping, or any other type of dropshipping business, you'll want to watch this video! 🔔 Turn on the bell to be the first to see new videos! ✅ Subscribe to our channel: / salehoodirectory 💬 Have more questions about selling online? Let us know in the comments section below! Chapters: 00:00 Intro and Overview 01:08 Lucky Draw THE 11 PRICING STRATEGIES 01:50 Importance of choosing the right pricing strategy 02:21 Strategy #1: Cost-Based Pricing 03:57 Strategy #2: Competition-Based Pricing 05:07 Strategy #3: Market-Based Pricing 07:17 Strategy #4: Value-Based Pricing 08:33 Strategy #5: Dynamic Pricing 10:02 Strategy #6: Price Skimming 11:15 Strategy #7: Bundle Pricing 12:46 Strategy #8: Premium Pricing 14:00 Strategy #9: Loss Leader Pricing 15:17 Strategy #10: Anchor Pricing 16:27 Strategy #11: Penetration Pricing FACTORS TO CONSIDER WHEN CHOOSING A PRICING STRATEGY 17:34 Why the right pricing strategy depends on your circumstances 18:09 Factor #1: Define Your Objectives 18:41 Factor #2: Define Your Ideal Customer 19:24 Factor #3: Competitive Business Advantage 5 EXAMPLES OF PRICING STRATEGIES USED BY ACTUAL COMPANIES 20:47 Penetration Pricing Example: Dollar Shave Club 21:28 Premium Pricing Example: Gucci 21:59 Price Skimming Example: Sony 22:42 Value-Based Pricing Example: Apple 23:16 Competition-Based Pricing Example: Huawei HOW TO MAINTAIN AN OPTIMIZED PRICING STRATEGY 24:08 Method #1: Use Fewer Syllabes 24:43 Method #2: Try Specific Prices 25:30 Method #3: A/B Test 26:40 Final tips on choosing the right pricing strategy 27:32 Conclusion **RESOURCES** 📝 More eCommerce and dropshipping success stories: https://www.salehoo.com/reviews 📚 250 Hot and trending products to sell online: https://www.salehoo.com/dropship/tren... **TRY OUT SALEHOO** 🚀SaleHoo Website: https://www.salehoo.com/ **ABOUT US** Never play supplier roulette with your eCommerce store again. SaleHoo is an online platform for eCommerce entrepreneurs who want to sidestep the guesswork and start scaling their business. Trusted suppliers. High-quality products. With SaleHoo, your research has been done for you by 6 and 7-figure dropshipping experts. Inside you’ll find over 8.5K vetted wholesale and dropship suppliers, 2.5m high-quality branded and niche products, an industry-leading market research tool and 24/7 support from a team of ridiculously helpful customer service legends. Insider secrets from the experts Get on-the-ground advice from experienced traders and exclusive supplier deals via the SaleHoo online seller forum. With over 137,000 members, it’s one of the largest wholesale communities on the internet. You’ll get tactical information from people who’ve been where you are now, and how to get through to the other side. Steps to scale to 7-figures Want someone to just give you the steps to start and scale a profitable online store? Our library of comprehensive training by seasoned sellers will walk you through exactly how to create a profitable store from setup to scale. So you can grow your eCommerce store with clarity and confidence. Take out the risk and fast-track a business as big or boutique as you like, regardless of your experience or technical expertise. With SaleHoo, you have the tools, information and support you need to build a life-changing business. #dropshipproducts #whattodropship #winningdropshipproducts #trendingdropshipproducts #dropshipping101