I'm thinking about getting into dropshipping, but I'm wondering if it's still viable. I was going to open up a website with its own domain and drop ship for a certain niche. But the more I look around, the more it looks to me as if you can't really make any money with dropshipping unless you're selling for dozens of different niche markets, with multiple sites going.
UNLESS you found a dropshipper with exceptionally good margin dropshipping is not worth it. Dropshipping is helpful to test a market before committing to buying your own inventory. You will always make much more money with your own inventory. Having your own inventory is risky. The more risk, the more potential reward.