What is a dropshipping business
How much money do you need to start dropshipping
What is Ecommerce Drop Shipping
Is dropshipping legal
Everything You Need To Know About Drop Shipping In E-commerce
Are you a pioneer? Have you ever thought about starting your own business and achieving long-term financial freedom and financial stability?
If you have, you have undoubtedly heard of dropshipping or selling through the retail chain. You may have received some rumors that this type of work is easy and does not need capital at all, and you do not know whether these rumors are true or not.
All right! In today's article, we'll talk in detail about Drop Shipping and address all aspects from its definition and modus operandi to the best platforms that let you start this sale.
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Shipping or retailing is a way in which you (retailer/shopkeeper) ship products directly from the factory or wholesaler to the customer.
In this case, you don't need to own a warehouse to store and accumulate products. You do not have to buy goods unless they are ordered by the customer.
In this way you work as a broker, you sell products in your shop (virtual store online), and when a purchase order is added, you send it to Drop Shipping to be processed and shipped to the customer.
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What is the principle of the work of Drop Shipping?
The sales system through the service drop shipping follows a simple supply chain as follows:
1- The customer places a purchase order for a particular product from your store/business
Where your store or project can be:
- Real on the ground where samples of products are displayed, or a catalog from which the customer can choose.
- By default, it's your own online trading site, ensuring you have access to a larger segment of customers.
2. Transfer the order to the supplier or wholesaler, manually or automatically
The supplier is usually a goods manufacturer or wholesaler, allowing you to earn a good profit from the difference between the wholesale price and the price you offer in your store to customers.
3- The supplier charges the product to the customer directly
This is after you pay for it (wholesale price), but in this case, your store logo will be placed on the products instead of the wholesaler's logo. The name of the provider, therefore, remains completely unknown to the customer.
Drop Shipping Features
Having learned about this type of trade and its principle of business, let's move on to talk about its most important features and pros:
1. No need for capital.
In fact, I only need a computer, a good Internet and a connection with a wholesale company, that's it! That's all you need to start a successful dropshipping business.
2. A wide range of products
Since you don't need to own a warehouse to store the products you sell, you are free to expand the range of goods as you like and choose a wide range of different products.
All you have to do is find wholesale companies ready to sell and ship goods and then add details of these products to your site. That's it!
3. Scalability
If you're working in drop shipping, you don't need to worry about increasing demand or need to expand. unlike in traditional trade.
Traditional trade faces some problems with the expansion or reduction of activity.
If there is an increase in demand as a result of festive seasons such as holidays, you will start thinking about renting larger warehouses to store goods, and the need to increase the number of staff involved in packaging and shipping products.
But this is not the case in the online dropshipping business, you can expand or reduce your activity as you wish because in any case, you order products from another supplier that takes care of everything related to shipping and packaging.
Where can I find products to start my own project at Drop Shipping?
Here's a list of the best wholesale companies, companies specializing in dropshipping, and global e-commerce markets that you can contract to buy products and then sell them in your own store.
The Best E-commerce Platform For Drop Shipping in 2022
1. Doba - Drop Shipping
Doba is one of the most popular dropshipping stores, offering integrated services to vendors. This site not only provides you with a detailed guide for wholesalers and manufacturers but also offers you an easy-to-use platform to add products you like to your store without having to go through the complexities of partnering with different suppliers and shipping companies.
You usually need to find at least 20 suppliers to ship the products you want to sell, but with Doba, you just have to find the products and start selling immediately.
The site will communicate with the supplier and send the product to the customer without any interference from you.
Features:
- A wide range of products and goods reaches 2 million products from more than 200 providers.
- Direct access to products.
- Ordered product lists that you can easily transfer to your online store or your favorite online marketplace.
- Emails about the latest offers, discounts, and new providers are sent to you regularly.
Negatives:
- There are no significant drawbacks.
Prices and payment system:
Doba offers three main payment packages:
- A basic package worth $1 per month.
- An advanced $69-a-month package that includes data transfer to eBay and vendor support.
- The $249-a-month Pro package includes data transfer to Amazon, eBay, and various online stores, as well as ongoing phone support services.
2. Oberlo - E-Commerce Market
Oberlo is a leading online marketplace for searching for and selling products on the Internet, specifically in your Shopify store. Drop-Shipping facilitates the process by connecting vendors with suppliers who then ship products and send them directly to customers.
Features:
- A modern and distinctive user interface.
- Tight integration with Shopify.
- Easy to import products with one click from AliExpress.
- The possibility of opening a free account.
Negatives:
- Works only with Shopify stores.
- Shipment tracking, monitoring, or multiple users are not available in free accounts.
- Products can only be imported from AliExpress at present.
Prices and payment system:
Oberlo offers the option to register with an excellent free account but is limited to only 500 products and 50 orders per month.
For paid accounts, the site offers packages of $29.9 per month, or $79.9 per month, allowing you to expand sales and increase the number of products and orders you can receive monthly.
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3. Sunrise Wholesale - DropShiping Wholesale
Sunrise Wholesale is a service that lets you ship products directly to your customers. You can choose from more than 15,000 products, and then export their data (including photos and descriptions) to your own store on eBay, Amazon, or your own website.
Features:
- Order processing service (reception, processing, and charging) at high speed and accuracy.
- When you open a site account, you get a Research Tool and eBay Listing Wizard, making eBay a very easy process to sell.
- Access to Amazon Selling's vending interface and research manager, helping you start selling if you're new to the industry.
Negatives:
- Restocking charges are high. You must pay a 20% storage cost for all undamaged goods returned by customers.
- About 15,000 products are available from 7 providers, which may be a little for some.
Prices and payment system:
Sunrise Wholesale membership fees are about $29.90 per month or $99 per year. There is no additional charge or a minimum number of orders or products you can sell, but you will have to pay a 20% charge for storage on goods returned by customers.
Note: The site gives you a 7-day trial period for free, but in any case, you have to register your bank account data.
4- Wholesale 2B - DropShiping Wholesale Site
To take advantage of this site, you must first register an account and choose an appropriate payment package, but no money will be taken from you for browsing the site's products. The site works as follows:
- Browse the site and choose from a wide variety of different products.
- When you find the products you want, view them on your website or store.
- Once a particular product is purchased from your store, and you add the order on Wholesale 2B, a commission will be deducted at a specified rate, and the product will be sent directly to the customer.
Features:
- Access to 1.5 million different products.
- It offers several payment packages you can choose from, some for those wishing to sell through Amazon, eBay, or private online stores.
- Direct contact with popular e-commerce sites such as Shopify, Magento, and BigCommerce.
Negatives:
- You can't communicate with Wholesale 2B by phone or email. The only way is to submit a Ticket communication request, making communication too slow.
- Not much support is provided when it comes to analyzing sales or performance, for the products you choose to sell.
Prices and payment system:
Wholesale 2B has a somewhat complex payment system and many ready-made packages. Here are the most important:
- If you want to sell through online markets such as Amazon or eBay, choose an Amazon or eBay package.
- If you own your own website, choose wholesale 2B Dropship.
- If you don't have a private location yet, don't worry, you can choose a special package through which the site will help you build your own store.
For more details on the packages available on the site, visit wholesale 2B's official website.
5- SaleHoo - DropShiping Wholesale Site
SaleHoo focuses in particular on providing a comprehensive and detailed guide to companies you can partner with to make your dropshipping business a success.
You can find more than 8,000 different companies and over 1.6 million diversified products on site.
It is worth mentioning that all companies registered on the site are reliable and confirmed by the SaleHoo team, and proved their credibility and quality.
Features:
- The site has a unique community and a special forum as well as periodically publishing blogs, allowing you to get to know to drop shipping dealers just like you, talk to them and share experiences with them.
- You can learn about products that are likely to bring you more profit by using the market research Lab.
- The site provides a unique service to support and assist customers.
Negatives:
- No free trial period is available, although there is a guarantee that the amount paid can be refunded within 60 days.
Prices and payment system:
The site offers one annual package of $67 per year and is considered the lowest price on the market. The one-year package allows you to:
- Access to wholesalers on the SaleHoo site.
- Direct access to Market Research Lab.
- Personal support service by email. Registration fees can be refunded within 60 days.
6. Wholesale Central - Drop Shipping
You may not find this site very great compared to previous options, but it is still a very good tool to browse various product categories such as clothing, electronics, and leather goods.
Here you can find more than 630,000 products from more than 1,000 trusted wholesalers. You can browse the details of each vendor by clicking on their name on the site.
Prices and payment system:
- Registration is completely free! I don't need to pay any money.
7- Megagoods - website for drop shipping providers
Megagoods is a direct provider of goods and products, simplifying the drop-shipping model significantly.
The site specializes in electronics, video games, and more than 45 other product categories. It features a wide range of famous brands.
Features:
- Low cost, as the monthly subscription fee is very low.
- The speed at which products are shipped to customers.
Negatives:
- Limited products available compared to other sites (only about 2,000 products are available).
- It does not provide any search tools on the site.
- Not connected to any e-commerce site or online stores.
Prices and payment system:
- Megagoods offers a free 30-day trial period. This is followed by a monthly subscription of $14.99.
So we've covered everything about online drop shipping, and we've learned about the best locations where you can get products. Has this business model found what motivates you to enter the world of e-commerce? Do you have any other questions regarding the service dropshipping?
If you do, feel free to write them in the comments so that we can answer them and make more use. And don't forget to register on our site to get you all new.
Source: emerge app
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