We should start with the obvious question: What is dropshipping?
Dropshipping is a business model in which retailers don’t keep any of the inventory they are selling in stock. Instead, they partner with a supplier who handles shipping the product to the customer every time a new order comes in. This is an attractive model for a few reasons. First, it takes the burden of figuring out shipping logistics away from you, the retailer (yay!). Second, you don’t need to worry about investing in inventory up front. All of this frees you up to focus your time and money on growing the other aspects of your business.
So let’s say you’ve decided to grow your online business with dropshipping; now what? With ecommerce giants like Amazon, Walmart and eBay, it can be hard to see the room for growth. Therefore, it’s important to differentiate yourself in the crowd. You can do this by figuring out the best niche focus for your store. Maybe you’ve been hiking for years and know everything about hiking equipment; or you’re an educator with a passion for providing supplies to fellow teachers. Once you find your focus, you can establish your online brand and target your marketing.
Dropshipping gives you that time to work on your marketing and give special attention to the customer experience. It’s for those reasons that dropshipping continues to be a viable option for online sellers. The most important thing is to, first, find that reliable supplier. The last thing you want is to put a lot of effort into your brand and customer service, only for your customers to receive the wrong items over and over.
DollarDays has been a proud dropship supplier for several years, providing a large wholesale catalog of products. Our varied assortment means you are more likely to find the perfect category for your store!
It’s important to do your research before jumping into dropshipping, let alone ecommerce, but the benefits are clearly there.
Want to Learn More? Call our Dropship Team Today! (888) 969-6301 ext. 151.