What is Dropshipping Business : The Easiest Way to Sell Online
Dr. Menka Yuvraj Varma
Senior Marketing Specialist | Gen AI & Data Analytics | CX & Tech Digital Operations | GTM Strategy | B2B Marketing & Branding | JIRA PMP Certified
Going into the Internet The Dropshipping Business can be scary: where will I store the boxes? How will I handle the deliveries? Will I live up to this logistical puzzle?
But imagine that all these complicated tasks are taken care of by someone other than you and that you can manage your e-commerce site wherever you want without worrying about the storage of products??
So, Now…. Before jumping into Dropshipping below here are the best tools available in the market to start a successful 7 Figure Dropshipping store!!!
I have given tools a few options for you to choose according to your budget and requirements!!
- Fastest Speed Hosting: WP Engine, A2Hosting, Inmotion Hosting, Dreamhost & Hostgator
- Emailing Marketing Tools: ConvertKit, Drip, GetRespons & Optin Monster
- Best WordPress Theme: StudioPress Themeisle & Elegant Theme
- Website Speed Optimization: WP Rocket Plugin
- Start Selling Products Online: Shopify
- WordPress Plugin to Import Products: Import Products (via Alidropship)
- Landing Page for Leads Generation: Leadpages
- Money Payment /Accept: Payoneer, Paypal
Sounds too good to be true? Yet it exists, and it’s called Dropshipping Business.
What is Dropshipping Business?
With Dropshipping, you sell your products on your website just like any other merchant, but you delegate storage and delivery to your supplier.
All you have to do is transfer customer addresses to your supplier who will arrange deliveries for you.
In addition, customers will never know that you deliver via Dropshipping: Indeed, the sender indicated on the package is the address of your shop, just like for the return address and billing.
Read More:
Shopify Reviews 2020 – Why Is It The Best eCommerce Website, Builder
Top 3 Ways to Start eCommerce Business In India
The Benefits of Dropshipping
1. No need to be full of aces
By choosing Dropshipping to start your online sales business, you will not need to spend huge amounts of money. The stock does not leave the vendor’s warehouse until the shipment. You can offer hundreds of different products on your site without breaking the bank in the purchase of the stock.
2. Time to Occupy the Rest
Starting a business is already a lot of work and personal investment. It’s a luxury to be able to get rid of logistical worries. You then have more time to perfect yourself in marketing and customer service.
| RELATED: BEST TOOLS TO START THE DROPSHIPPING STORE
3. No Geographical Constraint
With Dropshipping, you are free to run your business wherever you like. Chile? Alaska? Australia? Canada? As long as you have a good internet connection, anything is allowed.
4. A system that has proven itself
Are you not convinced? Dropshipping is a reliable system that has proven itself. Some big names in e-commerce have started with Dropshipping, like Zappos for example. Dropshipping will allow you to offer more products to your customers, less risk and without the hassle of logistics.
Minimum Investment Required for Dropshipping Business
There are several dropshipping companies in the market and they have their own charges. In this blog, we will only talk about what requires less investment.
For low expenses, you should use WordPress for domain & website and dropshipping company AliDropship.
As compared to other dropshipping companies Alidropship does not require a monthly payment to use it. Other dropship companies would ask you a fee for monthly use.
Another reason for Alidropship would be that it is a WordPress plugin, which provides you full ownership of your online store.
How to Find Suppliers Who Practice Dropshipping
Suppliers often ask for legal proof: a certificate of business creation or your SIRET number, for example. Make sure you are in good standing at the administrative level before starting to solicit suppliers.
Now that you are in the starting blocks. Let’s start!
1. Ask Manufacturers Advice
Do you know where the products you want to sell are made? Contact manufacturers directly for the names of their distributors. The manufacturers are used to working with your future suppliers and they will know how to direct you.
2. Find Your Suppliers in Dropshipping on Google
In-depth Google Search When you search for suppliers on Google, go beyond the first pages of results: wholesalers are not the kings of SEO and marketing. A good provider may be hiding on the tenth page of Google results. So search well.
The Habit Is Not the Monk
The dropshippers are not specialists in webdesign. Their websites are sometimes dated and simplistic. A good webdesign is a sign of quality, it’s clear. But do not crowd out the sites a little outdated, they can hide your future partner.
Declare Keywords Remember
to enter different and different keywords for your Google search. Do not limit the search to “dropshipping providerâ€. Also try derivative words like “wholesale drop shippingâ€, “direct sales distributorâ€, “wholesaleâ€, etc. If you feel able, research in English is also a good way to multiply the relevant results.
RELATED: BEST WordPress Plugin to Import Products on WooCommerse Store!!!
3. The Paying Listings
Some sites will offer you to sell whole lists of Dropshippers with name, address and phone number. Beware! These lists are often incomplete, obsolete and sometimes even invented from scratch.
If you are willing to pay, I recommend the website worldwidebrands.com which connects sellers and Dropshippers. SHOPIFY FREE TRIAL!!!
How to Find Good Suppliers in Dropshipping
Find a supplier, that’s one thing. Finding a good supplier is a different story. You did not go all that way to lose your credibility because of a quack. You need someone reliable, you can rely on.
To differentiate a crook from a real professional, there are some tips to know:
1. A Modern Supplier
A good provider invests in technology. He can receive orders by e-mail and accepts payments by credit card. If a supplier asks you to place an order over the phone or pay by check, make a U-turn!
2. A Champion of the Commercial Service
A good supplier in Dropshipping will always have a high performing sales representative. Your interlocutor must know how to answer all your questions. If you feel that you are dealing with an amateur, continue your research.
3. A Strategic Location
Ideally, your supplier is strategically located, that is, near metropolitan areas or industrial areas. This allows them to save time on shipments.
4. Affordable Prices
A good supplier, with a profitable business, is rarely in the high price range. Like you, he is a trader and he has to be competitive. Take care to compare their prices and avoid suppliers too greedy.
5. Work with Multiple Suppliers
Lastly, and it is important: work with several suppliers. By putting several suppliers in competition, you will get better prices and it will save you from getting bored in the water if one of them is out of stock.
You will be more serene and you will always have a backup solution in case of problems. There is nothing but positive to sign on several suppliers.
6. Interview the Supplier’s Customers
If you have a preference for a supplier, ask them for references. You will be able to contact some of its customers and determine if this supplier is reliable and appreciated by its partners.
7. Make a First Trial
The last step is to place an order with the suppliers you have selected. It is the best way to evaluate them on the most important points for the continuation of your partnership: respect of the deadlines, qualities of the products, quality of the packaging, time of delivery, etc.
Dropshipping Business is the easiest way to start selling online. But like any business model, you must anticipate its weaknesses.
Bypass Difficulties of Dropshipping
1. Strong Competition, Low Margins
Selling in Dropshipping often involves selling products that are subject to strong competition: shoes, clothes, perfumes ?? This causes prices to fall and profits are reduced to a trickle. In these conditions, how to keep your head out of the water?
The solution: offer more value than your competitors.
Your added value must be the universe you create around your products and the lifestyle they evoke.
To learn how to find a profitable niche , check out this article on choosing the right product to sell.
2. Learn to Anticipate Stock Shortages
We already know that the risk of out of stock increases if you only work with one supplier. Some vendors have a modern, real-time inventory update system to check the availability of a product. Inquire!
Finally, if by bad luck a customer buys you an exhausted product, do not cancel the order. Give your customer the high-end version of this product, without having to pay the difference. Of course, you will not make any profit on this sale but you will make a happy customer and it is well worth a few euros lost.
3. How to Sell a Product That’s Not Known?
Thanks to the sites of your supplier and your competitors, you can become an expert on a product without even having it in your hands. When you need to answer a specific question about a product, make a call to your supplier, he will answer you.
Second technique: The sites of your competitors and the comments of their customers. It’s often very informative.
Last option: pay yourself the flagship product of your site. Test it to the fullest and learn its features at your fingertips. When you know it by heart, you can always sell it online to recover a portion of your investment.
4. Reduce the number of intermediates
Even the best Dropshippers can sometimes make mistakes (do not even talk about bad ones). In general, they will have no problem compensating you financially if they made a mistake. If they refuse to respect their commitments, you will have to be ready to take responsibility for them with your customer, regardless of the price.
Does this seem unfair to you? Your credibility with customers counts more than anything else.
By blaming your provider, you will be perceived as an amateur. In the same way, if you refuse a customer to replace a defective product, it is your reputation that will suffer, not that of your supplier.
Your customers will never hear about your provider. For them, you are the main actor of the sale. This is probably the biggest disadvantage of Dropshipping. By integrating this risk now ?? and always giving priority to your customers ?? you will be able to get rid of this problem.
Dropshipping: The Gold of E-Commerce?
Dropshipping is not enough on its own. As for any commercial project, you have to invest in the long term: create a website that makes a mark, ensure great customer service, build an effective marketing strategy ??
Selling online is not a child’s game, but Dropshipping Business is the best way to get started in e-commerce. You benefit from the know-how, the storage capacities and the experience of a solid company. In short, you save time, energy, and space!
Add a good organization and these benefits will be the pillars of your business success. discussed successfully.