Online there are different business models that you can prefer to make money online as you require a website , a popular platform or a social media page to promote and showcase your products . It requires knowledge of listing , using dashboard of multiple websites and the technical knowledge to integrate the payment gateways in the system . As a substitute of all these, in India their is an increasing craze of creating virtual stores without investment named with Dropshipping . Dropshipping is similar to e-commerce selling online but it holds a lot of difference in many ways . Youngsters which are short of ideas to make money online , dropshipping is one of most easiest way to make money online by selling products of other sellers without investment .
Dropshipping is far more different from e-commerce selling but it requires great investment in advertisement and their are lot of secrets also associated with it with which you can make almost 2 lakhs to even 5 lakhs per month . In this article ,we shall be discussing more in brief What is dropshipping and what is required to start a drop ship business in India ?.
Dropshipping Business in India
To understand in simple terms , Dropshipping means you have to sell product of other sellers through making your website and then promoting those products through different ad platforms . The money you earn by way of profits margins that you set in between a product listing from a seller to your platform . For instance , in drop shipping you checkout kids shoes piece at the price of 250 and you put those shoes (pictures of those shoes ) at your website at Rs 700 ,then 450 is your margin once the shoe is sold .
The order is placed through your website but is fullfiled by the seller and not by you . Once the customer makes , the payment the platform on which you create your website like Shopify , WIX etc will make you payment for the sale . This is how dropshipping works ! .
Why you should Start Dropshipping Business in India ?
In dropshipping , you can create your own shopping website with Wix or Shopify by making payment of some fees for one year. It is essential , that you start dropshipping business in 2023 as :
- It does not require any investment in stock or its maintenance .
- If you posses marketing skills , you can promote those goods which you do not own .
- You can earn decent commissions and automate your business by listing products on your website .
- The orders will be executed by sellers and you do not take care of returns or refunds.
Once you make sales of some products , you can also start your e-commerce through your own website on the platform and can sell your products directly to your customers without onboarding any seller .
Looking out for Products for Dropshipping in India
In dropshipping , it is essential that you do not go to multi niche products as it will create a chaos ,as sometimes you have to buy the product by yourself by the time if you get frequent orders of a particular product . So , it entirely depends on your investment or your knowledge by how you can manage your dropshipping business with the easy and competitive products in market . Some crazy categories that you must try to sell through drop shipping :
- Kids Shoes
- Kids Toys
- Health and Fitness Supplements
- Medical Equipments
These are some of the highest paying and hot selling products sold in Indian market through drop shipping . In foreign markets , you can also sell ebooks and digital products or course but for receiving payments from foreign ,you need to create your own LLC and obtain a EIN of your entity .
Partners and Companies available for Dropship in India
For dropshipping , their are hardly any competitors that are working to provide an easy platform for dropshipping online . Online WIX and Shopify are one of the popular hosting websites which comes with payment tools ,product sales tools , tracking tools and even integration tools to integrate your amazon products, Aliexperss products or even products from India-mart to your Shopify store .
You just have to create your multi shop online and can outsource products from other e-commerce vendors online . Some popular platforms with which you can create your dropshipping store is Shopify and WIX.
Creation of Dropshopping Store Online with Low Investment
To create a dropshipping store , you can follow this process :
- Go to the Shopify (in for India and .com for any other country )
- Buy the basic store package .
- Buy a domain from Godaddy.com or in .
- Integrate Godaddy domain with Shopify .
- Start listing your products from product section in dashboard menu in Shopify .
- Enter pricing and create an Interactive UI for the customer to trust your website .
- Provide payment options and link your payments account .
Once done , your dropshipping store is ready . Now you can create a Facebook Ads account or a Google Ads account to promote your products online . Try using the traffic and conversion goal in Facebook ads to get maximum sales .
Can dropshipping be done without Investment ?
No , dropshipping cannot be entirely done without investment as it requires some investment in the form of advertisment . As once you have invested in a store fees of 30$ for buying a shopify premium account and approx 10$ on buying a domain name , you might have to make some investment in graphics and improving the UI of the website .
Also , you need to promote the product through Facebook Ads and Instagram Ads so that you get more instant sales based on your customer category as it is difficult for a website to grow organically .
Can dropshipping business be started from home ?
Yes , it does not require a physical shop or stock to place . Dropshipping can be done from home .
Is marketing cost more in dropshipping than e-commerce selling ?
Yes , in dropshipping you have to give extra efforts to selling and marketing your product rather than packaging or quality .
What should I do e-commerce or dropshipping ?
Dropshipping is better to do in an investment of $150 and for those who want to invest in stock can do e-commerce selling through Amazon or Flipkart .