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- How To Start Dropshipping Business in India?
Dropshipping is an order fulfillment method to sell products online from third-party suppliers – such as a manufacturer, a wholesaler, or a retailer. Dropshipping allows the sellers to run their business without bearing the inventory cost as well as the sellers can courier the products to the targeted audience. As a result, it eliminates the step of the seller having to directly get involved in product packaging and shipping.
Now that we have the basics of dropshipping squared away, let’s get into the steps of actually launching a dropshipping business India.
To succeed in the Indian dropshipping market, it’s crucial to understand consumer demand and preferences. Analyze market trends, survey potential customers, and identify niches with high potential. For instance, fashion accessories and eco-friendly products are currently trending.
The suppliers you partner with can determine the success of your dropshipping business. Besides providing the products, they are also responsible for delivering them to the customers. Simplest way to find suppliers is through dropshipping platforms like Doba, SaleHoo, AliDropship, Solfru & Wholesale2B.
When searching for suppliers, Go through the following :
Website builder or CMS integration. Some dropshipping platforms like AliDropship offer an extension for your website to import products from there in a few clicks.
Legality & reputation. Check the supplier’s client list and ask for their business license to avoid scammers. Look for reviews to check the company’s service quality.
Minimum order quantity. Check if the supplier has a minimum order to pay upfront. Generally, the more items you buy, the cheaper the costs.
Additional fees. Besides the wholesale price, other costs like monthly subscription, packaging, refund, and platform fees may apply. Factor in all these when deciding on the profit margins. A good benchmark is 20-40% or above after calculating all these costs.
Customer service. Check what customer support channels the supplier offers. Make sure they are quick to respond and can help you with any issues in case of buyers’ complaints.
Product quality. Do a sample order and review the item to see if it is good quality and the packaging is safe. It’s also a good idea to compare similar products from different suppliers.
Order fulfillment process. Note the time the supplier takes to process and deliver the order. In addition, choose a supplier that can handle returns well.
Besides choosing a niche, strong branding can set your business apart from the competition. The more unique the branding is, the more likely it is that your target audience remembers and purchases from you.
Even though you do not need to have a physical inventory of the products, you need to have a virtual catalogue of all your products. Pair it with a responsive platform and a clever domain name and you’ll be good to go!
Sign up on Solfru and create your store. Solfru not only provides you with your own online storefront but also acts as your dropshipping partner. So with Solfru, you do not need a seller or drop shipping partner.
By using Solfru, you can launch your own dropshipping business in India and start selling 40+ varieties of products from your own store. Solfru manages the dropshipping business in India on behalf of the sellers and takes care of inventory, shipping, and all operations.
Best practice to separate your personal and business finances from the get-go. This way, noting expenses and revenues related to your online business will be much easier.
Generally, it’s good to have the following ready for a dropshipping business:
Another essential step is to sort out the legalities of your dropshipping store. This includes checking whether you need a business license to dropship in your location. Remember to research specifically for your country.
Besides registering the business structure, create the following web pages to make your online store look more professional:
Develop a marketing strategy to reach your target audience. Use a mix of social media marketing, content marketing, and paid advertising to attract and convert customers.
Platforms like Facebook, Instagram, and Google Ads are effective for promoting your products. For instance, running Instagram ads targeting young adults can drive traffic to your fashion accessory store.
Select a user-friendly e-commerce platform to host your online store. Solfru, Shopify, and Magento are popular choices that offer various integrations and features suitable for Drop shipping. Ensure the platform you choose supports seamless integration with your suppliers and offers customization options to reflect your brand identity.
Now that you’ve finalized your, product and platform, it’s time to spread the word. Engage your customers in a smart way to generate lots of interest pre-launch. And start promoting your business online to get paying customers and start making some sweet profits.
With Solfru, thousands of entrepreneurs are building their online business and you can be the next if you have an idea or a brand concept in your mind. There are many ideas on drop-shipping business in India.
Here are some of the products that you can easily drop ship anywhere in India. This list includes:
Signup on Solfru
Create your store and upload designs on products of your choice
Start selling and Solfru will take care of all the dropshipping operations for you
Dropshipping model is a great way to start an online business without managing an inventory – making it suitable for people with less experience and budget.