![]() ![]() So, with the dropshipping model, you can focus on the marketing aspect and provide real value to your customers because you do not have to bother about warehousing or deal with the challenges that come with running an ecommerce business. Product is not Everything - When people place orders for products, they are also looking at the brand, trust, lifestyle and marketing of those products. ![]() The Internet is Vast - So, customers might not know which supplier to buy from directly. Why wouldn’t the customer order the printer directly from the supplier’s website? Let’s learn why: Yes, we know what you’re thinking and it’s absolutely a valid point. So, when the order is placed on your website, you place your order with your supplier using your customer’s shipping details, earn the INR 700 profit and have the printer directly shipped to your customer. You can then list that printer on your own website at INR 5500. ![]() Suppose, you have found a printer on a supplier’s website priced at INR 4800. How?īecause you will place the order with your supplier at their wholesale price and have it shipped directly to your customer, that’s how the dropshipping business in India and across the globe operates. So, when a customer places an order and pays for that product at a price set by you, you make a profit. Next, list that product on your website at a price you set. Whether you are in Europe or want to do dropshipping business in India, you need to find out what product you want to sell from a supplier. The dropshipping business model enables you to promote your brand and business by identifying the right suppliers, retailers, or wholesalers for your dropshipping products. This image shows the main elements of a dropshipping business model. When a customer places an order, you buy the product from the supplier who dropships the package to the customer directly. One of the most crucial elements of a dropshipping business model is the supplier. Sounds interesting, right? Dropshipping helps run a business or store, saving you from the hassle of handling the products, having an inventory, and shipping it to the customer. What is Dropshipping? What makes a Dropshipping Business Model?ĭropshipping represents a retail fulfillment technique enabling stores to sell the products to customers without actually owning them. This blog will walk you through how to build a dropshipping business in India by building on what a dropshipping business is, how dropshipping works, what to ensure before starting your dropshipping business in India, the strengths and shortcomings of dropshipping business, and so on. And of course, you need an online store to sell your products, and…yes, you need a computer! All you need is to have a basic understanding of how to market and sell online. With dropshipping, you can sell products online without actually having the products with you. Well, that is all that the dropshipping model is about.Ĭonfused? Okay, we’ll explain. You are not sure what products you want to sell, you don’t have money to invest, nor do you have room for inventory. What is dropshipping? Let’s say that you want to start your own online business, but you have no idea where to get started. ![]()
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