Introduction
The sea of content and product trends has penetrated almost all digital platforms and it has become really hard for eCommerce businesses to stay afloat.
But, not in the case of the dropshipping industry. It is one of the most effective and income-generating businesses today. With powerful tools like AliDropship, you are set for success.
Dropshipping is a global trend today since thousands of businesses are starting online and digital buyers or online shoppers are seen to climb up to 2.14 billion in 2021.
So, how to dropship?
How Dropshipping Works
Common times, when you start to think about putting up your business, you want it to be quick to start, low cost, and easy to run.
Let’s get started with dropshipping.
Dropshipping starts from simply posting your products on an eCommerce platform. You can have your own website to do it.
Don’t know how to create your own website? Estatoora can help! Click here.
Remember that the products you’re posting aren’t yours. They are from your suppliers.
What you do is take pictures of them and provide descriptions of each product.
When a customer gets interested in your product, he places an order and pays for it.
Then, you are going to contact your supplier and place the same order as your customer. You’ll ask your supplier to deliver the order to the address that your customer provided in his details.
After that, the customer will receive the order and a good deal has been done.
The dropshipping process is easy and it helps you save more time while you’re enjoying tasks.
Why is Dropshipping Profitable
If you want to make dropshipping profitable, you need to consider every products’ price. To know your profit in this business, get the difference between the cost of your own purchase and the price or the money you asked your client.
While the process of dropshipping is friendly, you might be asking what are the pros and cons of this business.
Don’t worry because below are the pros and cons of a dropshipping business to help you decide:
PROS:
- Dropshipping is a more feasible type of business for newcomers
It’s easy and simple to set up. You don’t need to experience a headache while operating this business.
Plus, most of the job is done by your supplier so you don’t need to worry that much!
- Dropshipping makes you handle assortment on your own
At dropshipping business, you aren’t pre-ordering items so you can add anything you like in your product lists. You can also change the product offer if you like to.
When choosing products for your store, you can consider adding your interests too. This is to make you feel that at some point, you own the store and just to add uniqueness.
Dropshipping lets you try to sell hundreds of products in your own store and you can decide to narrow them to a category or niche later on.
- Dropshipping offers you the time to strategize and grow your business
Since you work at your own pace, you can enjoy all the time you want thinking about how to make your business more profitable.
You need to catch potential and loyal customers to keep your business running. It means that you need to buy time on marketing, advertising, and promoting your store.
Don’t worry because all the shipping and management tasks are done by the supplier.
- Dropshipping helps you save sums of money
You don’t need to rent a warehouse after all since you don’t own the products. You don’t need to buy stocks or restock on your own because all these things are done by your supplier.
You only spend your money on a product when a customer has placed an order for it.
- Dropshipping leads you to wider audiences
Since you’re posting on an online platform, either to social media or to your own website, you can reach hundreds to thousands of audiences.
With dropshipping, your business has the potential for an international and global reach no matter where country they live and what language they speak.
- Dropshipping makes you free and independent
You can drop ship anywhere. Even with your mobile phone, laptop, or computer. In this field, you can work on a remote set up and you will not have a specific location.
You can spend working on your hobbies and living the life most people dreamed of.
CONS:
- Processing orders can become difficult
Since the products are out of your hand, processing orders may be difficult on your end.
- Incomplete product information is problematic
Your supplier provides all the information for each product. But sometimes, there are products with incomplete information.
You can’t take a picture of your product as soon as possible when your customer asks for it. This can be complicated.
- Customer service issues
When a customer complains, it will be directed to you. Since you don’t own the products, you need to redirect the problem to your supplier.
So the process will take slower than usual.
- Competition is everywhere
Dropshipping business became a global trend today so expect that you’re not the only one having this type of business.
You are not only competing from local businesses but with global businesses too.
How to Start Your Dropshipping Business
Now that you know how to dropship and its pros and cons, you can now start your journey in dropshipping.
We listed the steps on how to start your dropshipping business at AliDropship in our blog.
Note: Estatoora is using an affiliate link and we can earn when you purchase using the link at AliDropship.
