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Why Dropshipping Is Popular?

December 07 2020 11:02
Winnie
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If you are looking for an opportunity to create an online business, the chances are that you might have heard of dropshipping. Dropshipping is a modern online retail business model where order fulfillment is different from traditional storefront retail, but how does dropshipping work? Let's dig into the details and some of the must-knows about dropshipping.

 

What Is Dropshipping?

In regards to the online store, dropshipping is a hands-off process. It requires no brick-and-mortar storefront, and merchants only need an online space where the product and orders process is automated and supplied and fulfilled automatically. Third-party suppliers take care of warehousing products and shipping orders directly to the customers. Starting your own online business without upfront cost is possible, unlike traditional storefront retailers who need to be concerned with overhead, warehouse space, and product procurement.

 

This apparent advantage has made dropshipping more and more attractive over the past several years, and thousands of people flock to it. But the real question is, is dropshipping worth it? Before you get started, you'll need the right answer to that. That's where we can help.

 

Is Dropshipping Worth It?

The popularity of dropshipping boils down to the following advantages:

  1. Benefits of Dropshipping

  2. Less Capital Required

  3. Easy To Get Started

  4. Scalability

  5. Flexibility

  6. Wide Product Selection

  7. Easy To Test

Probably the most significant benefit of dropshipping is that it's possible to get started with little to no money. With less money required upfront, the dropshipping risk is significantly lower than a traditional retail business.

 

Easy To Get Started

Not needing to invest a large amount of capital into buying inventory is already a big step to get started; in addition to that, running an eCommerce store is much easier to handle when you don't have physical products. With drop shipping, you don't have to worry about things like:

●        Stocking the products you sell

●        Packing and shipping your orders

●        Dealing with returns and inbound shipments

●        Procuring products and managing products' inventory level

 

Scalability

With a traditional retail business model, sales growth comes with incremental work. Let's say you receive four times the number of orders; you usually need to do four times as much work. By leveraging drop shipping, you can stay focused on sales and marketing since the additional work will be taken care of by suppliers. Additionally, the dropshipping cost doesn't skyrocket when you scale up, allowing you to grow your business at an accelerated rate.

 

Flexibility

One of the most significant benefits of dropshipping is flexibility. You can work from home with no more than one laptop at any suitable time, be a boss, and set your own rules and pace, so you don't have to spare any effort to get things done. Make quick decisions that work for your business, like listing new products whenever you want, and automate your store to run when you are on vacation.

 

Wide Product Selection

Since you don't have to purchase the products you sell, you can augment your product offerings with ease. List products to your store from several different suppliers and change the type of products you offer at any given time at no additional cost.

 

Easy To Test

If you are just getting started or an established business, dropshipping is a suitable fulfillment method that allows you to test your customers' appetite for additional product categories with little extra work or money required. Again, the main benefit of dropshipping is that it's possible to list and sell products before committing to buy a large amount of inventory.

 

These advantages and benefits are what make dropshipping popular and worth it for your business. But while dropshipping is excellent, you should know that working with reliable suppliers is crucial to a dropshipping business's success.

 

Best Dropshipping Suppliers

Many dropshipping suppliers are available on the market, all with their distinct advantages and drawbacks. Meaning you must evaluate each based on your own specific needs. Today, we will introduce Doba.com, a premier dropshipping company. Here is an overview of its advantages:

●        Millions of products, covering a wide range of categories

●        Seamless integrations with popular marketplaces & eCommerce platforms

●        US-based inventory

●        Dedicated customer service

●        Unique management system - Doba Dash

All users receive a free 30-day trial of the business plan offered by Doba. Experience the full-service Doba and all of its benefits and features. Doba offers various subscription plans to suit your needs; its basic subscription plan starts at $19.99/month. Sign up today to start your free trial and experience the industry-leading offerings of Doba.