Female leader spotlight: Maria Gothlin, Soundtrack Brand

Jun 28, 2019

Dropshipping is a method of e-commerce retail sales. Products are sold by the dropshipping person without being stocked in a warehouse or store, purchased from a third-party supplier, and sent directly to the consumer.

Dropshipping business model is one of the most important and economical business models for entrepreneurs. Because in this type of business, you can profit from work and costs. It has more advantages and disadvantages compared to retail shops.

In short, the working logic of dropshipping is as follows;

The customer buys the product from the retailer
Retailer orders the product from the supplier
The supplier sends the product to the customer

You open an e-commerce website and buy products from suppliers who own a warehouse. The entrepreneurs’ responsibility is mostly to find customers and process orders, thus profiting from the products sold.

Advantages of Dropshipping for Best Startup Business

Millions of entrepreneurs want to do dropshipping because it takes less work and money to get started. This is probably why you are interested in this business model.

You can build a sustainable business in the long run with the laptop. Of course, there are many challenges and advantages, and you need to learn them before you start your own dropshipping business.

You shouldn’t approach dropshipping as a business that will make you rich quickly. Instead, you should view dropshipping as a business model that creates value by focusing on a specific product category.

Business Knowledge and Experience

Getting started with dropshipping is easy because you don’t need work experience, you may have never worked before. For the dropshipping business plan, you need to learn the system very well and get started. If you start to learn from the basics, you can proceed very comfortably in the future.

Operation Cost

Dropshipping is relatively easy because you have less work to do than a conventional business model. You don’t need a warehouse or staff to store tools to help you. Or you don’t have to worry about stock and shipping.

Flexible Work

One of the biggest advantages of dropshipping is that it has a flexible business model. You become the boss of your own business and make your own rules. This is the career everyone wants, you don’t need to spend a certain amount of time every day in the store.

Easy setup

You don’t need to spend months starting your business and selling. You can get everything done in a matter of hours and be up and running. All this means you can get started today.

But some basic knowledge and the right tools and resources are required and that’s why I created this guide. Once done, you will have the information you need to do dropshipping.

No Cost Scaling

It’s easy to grow the dropshipping business, the business model doesn’t need to change as the business grows. As you grow, you will need to do more work with sales and digital marketing, but your daily work will remain roughly the same.

One of the benefits of dropshipping is that their costs do not increase as your business grows. Therefore, it is easy to keep growing fairly quickly.

How to Start a Dropshipping?

You now know what dropshipping is, and now we will show you how to start dropshipping.

Generate a Dropshipping Business Idea

Before entering the market, you need to know what you want to sell. Because it would be a bad idea to sell random products without researching on your own.

Here are some questions to respond to before deciding on your product:

How popular is your product niche?
What types of suppliers do you want to work with?
Which region will you sell products to?

Answering these questions will assist you to find the best product for your dropshipping business.

Get a Domain Name

Knowing which product to sell is as essential as finding out which product to sell. That’s why you need to make sure your customers know where to go when you want to buy your products. After all, every store needs an address.

Set Up an Online Store

You got your address, what are you going to do now? Of course, it is setting up your store. You can set up an online store and present your products from there via WordPress. Therefore, the first step will be to install WordPress.

Payment Methods

The payment method will affect your customer’s shopping experience. You can also take advantage of the popularity of a particular payment method to take your customer’s attention. Besides, you need to make sure that the payment method charges a low transaction fee.

Pay-Per-Click (PPC)

Another way of positioning your website at the top of search engine results pages is Search Engine Marketing (SEM). This can be used as one of your digital marketing strategies.

In this article, we showed you how to get started with dropshipping and provided some necessary steps.