Dropshipping is a business strategy that helps to run any store without the support of any inventory. If a sale is made, the supplier directly ships the product from the warehouse to the customer. There will not be any risk or worry about packaging or storing or shipping the products. Everything is handled and taken care with the utmost efficiency and quality. Dropshipping business has become a great process for new entrepreneurs, because of its low cost, low risk, and can easily be automated.
These factors are usually meant to be considered while delivering a right product to the right customer. The detailed description of the factors described are:
- Low Cost: All the products are manufactured mostly from China, other populated countries and the cost of the goods may probably be low. Once the product is available to the market, according to the profitable business value it should be sold.
- Easy to start: It will be easy to sell the goods after the sign-up. Goods or products can be imported from the retailer quickly so if there is no inventory at such case, start promoting the goods right away.
- Automated business: Products that are requested from the warehouse will directly be imported into the store. Orders are processed quickly and many tools like Oberlo, a top supplier which provide the highest quality service can be used for dropshipping. It is specialized for one-click order processing and shipping of the goods. Oberlo records show that 95% of their products are shipped in time. It is suitable for those with busy schedules, full-time job holders.
- Low Risk: Risk-free business ensures dependable profits for the company. Only pay for the goods that are sold to the customers rather investing in inventory to get bulk goods with wholesale prices, constantly, the drop shipping cost is low.
The following are the drop shipping tips for new entrepreneurs:
- Get a sample from the supplier
If the dropshipping goods are less, don’t hesitate to get a sample from the suppliers. Suppliers will love to give samples at discounted rates. Having the sample product enables the interest in buying the product. Having a sample can include the following:
- It helps in knowing the experience of the product, it is better to write a description.
- It can help in taking a visual photo to show the assurance to the customer.
The experience indirectly allows the customer to buy from the store and make the necessary adjustments if needed. If drop shipping multiple products, ask for a free sample to improve the display of marketing materials which can increase the sales.
- Create an Amazing Offer
A vital dropshipping tip is to make a convincing offer. Try not to be the store master who neglects to incorporate sales/bundles. If no product is on sale individuals, there may not have the inspiration to purchase the product. In any case, if the correct product is given with the correct deal, there will be more opportunities to change over them.
Bundle deals can likewise work extremely well. While making a package bargain or bundle deal, center around offering business as a usual product. The critical step is persuading the client to haul out his or her credit card, yet once it’s out, start upselling.
- Try to find out the quality suppliers
Many suppliers are available in the market who are reliable and offers quality products, but sometimes it is not. Verified suppliers are those who have a working warehouse with a good condition and business contacts and their addresses are verified by Oberlo. Most of the suppliers are under 2%. The quality of delivery they provide depends on the staff making sure that the bundle is received by the customer at the right time.
- Put efforts for creating the website
Drop Shipping allows cutting cost and corners, but it will sense in terms of the company website. It is suggested to put thoughts and efforts into the home page that brings out the customer interest in addressing the company many times. Optimize the landing page for SEO and make it user-friendly. The product description and content should be uniquely described and the shipping/return policies are to be clearly mentioned.
With the competition around plan the online store in the niche. For inspiration and suggestion, observe related and relevant Facebook groups for optimizing the store and make conversions. It is also suggested to add trust seals into the website.
- Hold Extra Suppliers on Standby
Many platforms are available these days for suppliers to sell their products online. The major mistake the dropshipping supplier do is having the only single supplier for the product. In case if the supplier fails to have the product in their warehouse, it becomes risky in finding another supplier at that stage. So, it is suggested to have at least 3 suppliers for each product. On the other hand, it is also suggested to send an email to the customer stating that the product is not available and sorry for the inconvenience afforded. This could help in reducing the negative impact on the store and avoid contingency.
- Include Phone Number to the Store
For dropshipping, the first and important tip is to add the contact details on the header and footer, about us page and over the Contact Us page.
People usually believe in quality and relationship between the supplier and seller. So the supplier should not feel scared in contacting the customers and making a strong bond for delivering the right output. People put money for the products, so they expect the quality in it, so they frequently approach for the trust. Create a phone number that develops more potential customers for the store. They interact to know how polite the supplier is.
- Provide real-time Customer Service
Many Dropshipping platforms are available with semi-automation and there will not be any worrying about inventory, packaging, shipping. However, it is necessary to remember that the customer doesn’t know that there is no 3rd party involvement, and they will directly inquire with the store and wait for the reply. Add FAQ page to the store because many possible problems can be altered there. The queries may be regarding the shipping, delivery, or return policies, and other general queries that are happened between. This improves customer-business relationships and increases loyalty in the audience.
- Be Active Daily
Maintaining a business requires day by day exertion. Every day, it is mandatory to process orders with the goal that products touch base with customers immediately. It is recommended to react to customer request within 24 hours with the goal that customers can respond immediately.
Advertising endeavors will likewise need to happen every day. Mechanize the social media posting toward the start of the week. Because it should intend to be dynamic on social media every day. Ensure that the ads are continually running.
- Go with Competition
If it is a new enterprise, focus on the emerging and current competition for new ideas, to check where the advertising is happening, or their social media posts. Comprehending the competition will let the future product ideas, branding, pricing, and positioning. It implements key insights into the potential audience which converts into marketer and best seller.
- Ask Suppliers For Unique Product Photos
Make sure to ask the suppliers for unique product photos. The photos should be clear and unique because the customer ensures the drop shipping as the retailer, the photos supplied by the supplier are to be published according to the competition. Since similar images are kept by other competitors so it may show every result similarly. So try to add a relevant and clear photo of the product with different effects.
All the above-described dropshipping tips enable any new entrepreneurs to have developed growth in society. It is suggested to follow and implement all the strategies perfectly. There are a few other tips that may also vary according to the updates.