The Complete Guide to dropshipping Business In India
Drop shipping and it’s advantages
If you have been looking to start your own online business, then chances are you must have heard of dropshipping . But what exactly is dropshipping ?
Drop shipping is a business method that can be understood clearly if you break down the basics. Let’s try to understand by an example. If you have ever purchase anything online , and had to wait more the 24 hours for your order to ship, then chances are, that the same order was placed with a third party vendor. This third party vendor will be the original supplier, the manufacturer or wholesaler. All big online stores simply advertise products they have sourced from the third party vendor. And when you order from their store, they in turn will then place a third party order with their own suppliers; and this is the reason why your order can sometimes take weeks to be delivered.
How is Drop Shipping Advantageous?
1 No need to invest in stocks: Since you don’t stock the product, you don’t pay for it until it’s sold (after you’ve been paid for it).
2 Scalability: Test products and add new ones quickly without bearing the burden of ordering in bulk and having something fail (which ties up valuable time and capital expenditure).
3 Increase lifetime value of customers: With the ability to add new and expanded product selections consistently, you can keep your existing customers engaged and returning to see what new items you’ve acquired. Costco stores offer a great example of this concept, and with a drop ship program, you can offer a similar experience online.
4 Low starting cost: You can start selling without a lot of early investment because you don’t have to buy wholesale or cover the cost of manufacturing your own products.
5 Reduce costs: Every time you need to touch a product in the supply chain, there is a cost associated. Shipping charges and warehouse employees all get added into the Cost of Goods Sold. Often, you will find that a percentage of your product offering would net a business higher profit margins if it were drop shipped.
Fundamentals For Successful Dropshipping Business
In 2017 and for years to come, the eCommerce economy in India is expected to grow at rapid pace. As an entrepreneur, this is the best time to start your own online business. Setting up an e-commerce store does not require big money, If you do not want a website of yours, you can sell and make good profit on eBay , Amazon, Snapdeal, Flipkart etc. You can use Drop-shipping methods to eliminate the need for initial capital: With drop shipping what you do is marketing. once the customer places order, it goes to the vendor who ships on your behalf using packaging in your name.The vast majority of websites out there are attempting to sell something to everyone by listing more and more products. What the majority of people do not realize is that drop shipping eCommerce business is trickier than you’ve imagined. It takes time, patience and sharp marketing skills to get spotted in the crowd.. If you’ve decided you want to leave your mark in this burgeoning digital economy and are resolute in your desire, then these 5 Fundamentals For Successful Dropshipping Business can help you a great deal.
1- Be specialized – Go Small to grow big
The biggest mistake most e commerce marketers make is that they try to sell to the mass market. Unfortunately, in today’s competitive e commerce market , the approach of appealing to everyone is practically the same as appealing to no one. All successful drop shipping businesses has one thing in common: they specializes in a certain product or niche. Specializing is one of the practical ways to get spotted in the crowd.
Many think listing more products in many different category will increase the sale . Just the opposite is true! Specializing allows you to communicate more effectively with your customers, stand out more easily from the competition and compete against a smaller field. Specializing is rarely a bad move to make in a drop shipping venture.
2. Learn Marketing and SEO
You can’t imagine any business without proper knowledge of marketing and SEO. Marketing make your drop ship store more popular and brand in the market. E commerce totally depends on the internet and you must be present in all formats of online marketing to get higher attention of visitors. If you’re not a marketing or SEO expert yet, you can join an established marketplace. It is an easy way to start an e commerce drop shipping business or sell products/services online without much knowledge of marketing and SEO.
3.Do listen to your visitors
Listening to your website visitors is very important for every business. As an entrepreneur , you put all the efforts to get the attention of your website visitors; from paid advertising to engaging them on social media channels and offering free products etc. But there is nothing more valuable then hearing back from these visitors/customers and getting to know what they think of your store or product. All successful website owner knows that user experience and user feedback guides you to making the product/service a success. And the best user feedback comes from your actual site visitors and not from friends, mentors or social network strangers. So, collecting feedback from your product’s actual users is crucial to every business.Now the challenge is how to motivate your website visitors to leave feedback for you. You can do few things for meaningful results
1.) Present yourself as a real person to your site visitors. All human being like to talk to people not brands.
2.) Convert this one time feedback in an on-going conversation.
4.Invest the necessary time
While searching you must have found few drop shipping companies promising thousands of income within thirty days . And some of them might seem a bit tempting, you most likely know that these are absolute lies intended to scam honest people out of their money. Accept that there’s no “secret formula” to drop ship business success, and that you have to put in some good,dedicated hard work if you want your business to grow.
5. Stay organized and optimistic
It bears repeating one more time: you are not going to be an overnight success. Even people like Jack Ma and Roy Raymond who seem to have made it big out of nowhere spent countless years creating their respective empires. And every single one of them has experienced failure at some point in their lives, too. Failure is only the end of a journey if you make it so. If you persevere and learn from your mistakes, failure will only be a bump in the road on the path to success.
Why Snazzyway is the easy way for your drop shipping business ?
Established in 2013 as a traditional lingerie wholesale supplier, Snazzyway has evolved into one of the most trusted e-commerce product suppliers in India and beyond. The company has overtime, committed herself to providing an affordable & easy way for anyone, anywhere in India to be able to start a very lucrative drop shipping business.
Snazzyway enables her partners to make a full time earning selling products online by providing them with the tools, and resources to do just that. The company helps you set up your own e-commerce website, shows you how to optimize for maximum search engine visibility, provide top selling Lingerie & women apparel brands for your website, or in the alternative, show you how to dropship her products on eBay, Amazon and other online marketplace. Literally, you store up over ten thousand of our products on your e-commerce website or eBay for days with no monthly fees or middlemen eating up your hard-earned profit!All of our partners have been very successful using our drop shipping services for their business and this includes different people from different walks of life, from beginners, to seasoned merchants, there is definitely something on offer for everybody. At snazzyway, we will do whatever it takes to help you succeed in your drop shipping business.
All you have to do is register with us by opening an account online right on our website and provide us with details of information as is required on our registration platform (like; company name, Sales Tax ID e.t.c. depending on which is applicable to you) or on the alternative, you can look up our contact details on our website and either give us a call or send us an email and we will help you figure out the right way to proceed with opening a wholesale/dropshipping account with us.
We have all the resources that you will need to get started and our process is very cost effective, efficient and much less cumbersome than the other few providers of this service in India.
How can an existing businesses benefit from Snazzy way drop shipping?
When exploring the meaning of drop shipping, it’s always best if you try it out yourself and Snazzy way drop shipping is the ideal model for first-timers.We understand that existing businesses will not alter its fulfillment conditions to adapt to Snazzy way drop shipping, however you should consider it as an option.
Likewise, Snazzy way drop shipping is perfect for running quick tests out new product ideas. You can display the new product category on your website .
How Snazzyway dropshipping programme works
Simply add our products on your website and start taking orders from customers. The minute you get paid for an order by a customer you send us the order information and the rest is up to us. We will pack and ship the products to your customers on your behalf while we bill your account. With snazzyway, you gain total control of how much you charge the customer for the product.Once you receive an order, simply log into our dropshipping website and place the same order. The moment we receive your order, we process and ship the product to your customer. On completion of the order process, we send you an email with the tracking number of the order so you can conclude the process with your customers; we don’t interfere between you and your customers.
Benefits of Partnering with Snazzyway
- Selling high demand branded women intimate products without actually stocking or shipping products.
- Huge profit margins on sales – (22% -38%)
- Top quality and fast selling brands.
- Bright, clear and razor sharp product Images with clear product descriptions.
- Prompt delivery – within 24 hours.
- Real time inventory updates with (Low /Out of stock) alerts.
- Periodic offers and sales to help grow your sales.
- No monthly Fees.
- Daily product launch of exciting brands.
- Largest database of women intimate wear products in India.
- You don’t have to worry about an item not selling. You only pay for what you sell.
- Risk-free online business creation and management.
- We deal with product stocks and availability so you get to focus on the important stuff: Generating traffic and sales.
- Full access to our product catalogue with a wide selection of top quality brand names to choose from
- We fill, pack, and ship all orders and provide you with a tracking number.
- We represent you as a liaison in areas of customer support and relationship management.
- Our shipping agencies are reliable.
- Constant updates on status of all orders.
- No minimum orders required.