How to start your Dropship sales with "0" budget?
Updated: Dec 14, 2019
Master #dropshipping, everyone can open a good shop!
Now, it's easier than ever to start a dropshipping business. Although this model has flaws, this has not prevented it from becoming an increasingly popular e-commerce sales model. One of the main reasons is that it has almost no requirements in terms of upfront funding. As a small business owner or entrepreneur, it's hard to store and ship products by yourself. Because it's a full-time job in itself. Dropshipping eliminates the financial risks associated with holding inventory and it can also save you a lot of trouble. If you want to expand your business, dropshipping is one of the best ways to keep operating costs low.
Find The Right Dropshipping Product
In fact, some products are more suitable for dropshipping mode than others, such as some lightweight and easy-to-use products, and the price between $100-$200. Shipping costs can really eat into your profit margins, so it's wise to choose lightweight products that don't cost much. High freight rates are also a heavy blow to customer conversion rates. Similarly, if you choose a product that is easy to operate, even if customers cannot figure out how to use it, you are unlikely to be "bombed" by returns. By choosing a mid-priced product of about $100-$200, you can also ensure that you make enough profit on each of your products without selling thousands of items. If you're looking for a dropshipping product, you can get inspiration from online shipping platform AliExpress, Amazon Best Seller list, Reddit product related posts, Topdser etc.
Choose An E-commerce Platform For Your Store
E-commerce entrepreneurs with low or "0" budgets might consider using free platforms like WordPress and WooCommerce to build their online business. However, unless you are good at building and maintaining a website, you may find some unexpected costs such as purchasing plug-ins, software, and online store templates, and hiring a professional to solve trivial issues. If you are a beginner, then you better use an affordable e-commerce solution. For example,Shopify, a software vendor, offers a series of free applications and themes that provide everything you need to keep your business stores running, and you can also get software upgrades and customer support for free. The free trial period is two weeks.
Looking For A Eeliable Dropshipping Supplier
So where can we find a good dropshipping supplier? Your first priority should be to find a reliable supplier who can deliver the product on time and in good condition. The best dropshipping supplier should have the following: 1. Provide a series of transportation options, including special delivery for a limited time.2. Take full responsibility for mistakes.3. Provide round-the-clock service support.4. Process the order on the same day.5. Concerned about quality management.6. Keep you updated on the latest situation of courier delay or low inventory. If you're using Shopify, you can consider the new dropshipping APP - #Topdser, which helps you automatically process product listings and orders. By integrating with AliExpress, it makes it easy to import product data directly from suppliers to your Shopify store.
Remember, you can start your dropshipping business anytime, anywhere!
One of the biggest advantages of dropshipping is that you can start your business anytime, anywhere. It has no restrictions on geographic location, which is why it is so popular among digital nomads and foreign trade SOHOs, because your supplier will store and ships everything for you. It is worth choosing a specific niche market, rather than choosing an overly broad product range, because a wide product range means intense market competition and is harder to market well. You should take the time to find a reliable supplier and establish a long-term partnership. When you start selling products, pay attention to those that sell well and actively promote them, rather than trying to promote those that are not welcome. For those who don't have the time or money, Dropshipping is undoubtedly one of the best options. Once the online store is running, all you need is to direct traffic to your website. Working from home or online business may be easier than you think.
Defects of Dropshipping Buiness
Although all this sounds good, it is also worth noting that there are some disadvantages to the dropshipping model. The first is lower profit. When using dropshipping, because your wholesale price will be a little higher, you can either increase the retail price to increase profits or maintain the original price to stay competitive. The convenient of e-commerce sales models come at a price. In addition, you need to charge higher shipping costs. Of course, dropshipping suppliers do a lot of the heavy work for you, but that doesn't mean you can sit back and do nothing. You still have to deal with your customers. This can be tricky-because even if your supplier makes a mistake and your order does not arrive on time, you'll still be held accountable. When you choose dropshipping, you may not be in control of customer service, so you may don't have full logistics information about the order. But now, customer service is a vital part of the equation. One or two bad reviews online can completely ruin your brand reputation. You need to make a trade-off. On the one hand, you don't need to deal with logistics issues, and on the other hand, you still having to make sure your customers are satisfied and aware of the issues they are asking. In a word, Dropshipping is the perfect solution for a very specific type of business, suitable for those who test the market, start a new business, and only focus on marketing and customers. While it's hard to achieve true "0" time and "0" budget, it's definitely your best choice when you're trying to cut costs and minimize administrative tasks. #dropshipping #topdser