You are all set to open up an online business but worried about packaging, shipping, and an inventory. How you are going to do all of that on your own? Well, you don’t have to, yes you heard it right. Now, with a business model known as Drop-shipping allows the entrepreneurs to sell and run a business without having an inventory, amazing right. Let’s find out what Dropshipping business is.
What Dropshipping Means & Why it is Trending?
According to Michael Crary, “Dropshipping is the process of shipping goods directly to your customers from a third-party supplier or vendor, without an intermediary step (like storing the goods at your physical business location)”.
It is a business process that allows you to run a business without having an inventory. You can directly sell goods with the help of third parties, directly to your customers. WorkLooper Consultants is one of the best Dropshipping companies in India that offers top class Dropshipping services.
Entrepreneurs are no stranger to Drop-shipping qualities and efficiencies. Drop-shipping is getting popular with each coming day, why? Let’s find out.
Time Efficient: Time is money and time is valuable. Drop-shipping gives an edge in business to the startups and business can run in minimal time thanks to an effective Drop-shipping business model.
Low Risk: The best thing about Drop-shipping is that it is risk-free. The Dropshipping store allows entrepreneurs to pay only for what is sold. Meaning you do not have to buy things in bulk thus reducing the risk of loss.
Cost-Effective: You can start your business at a minimum cost possible because you will pay only for the things that were sold out. That way you can showcase various items on your portal without actually buying it.
Easy To Start: As it is cost-effective and no inventory needed as such, it is very easy to start. The drop shipping business in India is growing because there are tons of possibilities for businesses.
Automated: The system is totally automated and you can palace order in just a few simple clicks.
Why Choose Dropshipping?
First, let’s see what would happen if you do not choose Dropshipping?
- You have to maintain an inventory,
- Need to store products and goods until the customer orders them, and
- Need a workforce for packaging and shipping because dropshipping services will do that for you.
And, Now, if you choose Dropshipping-
- You do not have to maintain an inventory as Dropshipping services will take care of that.
- You won’t require a workforce to get things done.
Once you get an order from a customer you can send that order to the Dropshipping third party and they will process the whole thing from packaging to shipping.