Dropshipping Store - Your Customized Online Retail Space

A dropshipping store has revolutionised the ecommerce culture. It is the most cost-effective plan to get started with ecommerce. If you are planning to create a drop shipping platform, rest assured that it is a great idea to begin your own dropshipping business, which requires very few investments. There is no inventory and logistics, and you can operate it from the comfort and safety of your own house.

Dropshipping is not only a fantastic idea for new entrants in ecommerce but also an additional channel for large and well established companies to increase revenue.

What is a Dropshipping Program?
Dropshipping is a brilliant business model in which an online retail store sells products but does not stock them. There is a third party involved that backs up the online retailer with the products for the customers. This online party is a supplier that can be a vendor, distributor or a manufacturer and he looks after all order fulfilment processes.

When the online retailer receives the orders from the customers, the order details are transferred to the supplier and the supplier ships the order at the customer’s address. The difference between the marked price of the products displayed at the online store and the wholesale prices paid to the suppliers is kept as the profit by the online retailer.

How to set up a dropshipping store ?

• Owning an online dropshipping space is a step by step process.
• Set up your dropshipping website.
• Select a niche.
• Connect with dropshipping suppliers.
• Place a proper agreement.
• Manage daily activities when your store is live.
• Advertise and promote your store

There are various online platforms like Shopify that can assist you in getting your own dropshipping website.

If you are looking forward to dropshipping, check out How to create a dropshipping website from scratch with Shop1 that will help you build your online store in a simple and hassle-free manner without the struggles of registering domain, designing and developing website and seeking supplier support.

Steps to step up an online retail store
Step 1: Product Niche
Choose the niche and category of goods that you want to sell. Select the products that are trending and are heavily rated by customers. Don’t go for products that are too generic.

Step 2: Dropshipping website
Choose a platform. Shop1 works really well with all ecommerce platforms and makes it so easier for you to own your personal marketplace.

Step 3: Design your online store
Give a personalised touch and branding to the website that will make you stand apart from your competitors. Provide an interesting user experience so that more and more visits to your site can be converted into sales. 

Step 4: Find the right suppliers
With Shop1 you can find genuine and reliable US based suppliers for dropshipping products.

Step 5: Bring in people with advertisements and promotions.
It is one thing to get the store live and to grab the attention of prospective buyers is another which is a challenging task. Develop a social media community, run advertisement campaigns, publish blogs and articles or implement your SEO strategy.

Since now you have an idea of how to go ahead with a dropshipping program, stop thinking and get to work. You can make a good amount of money while sitting on your couch !