Do you know that you could start selling online without physical inventory, warehouse, physical stock? Yes, you can. And it is true, in fact, friends, you know many such entities that are successfully running their online business with no, physical stock or physical inventory.
Are you aware of Alibaba, Amazon, eBay, Flipkart and Snapdeal? They all are examples of retailers who sell online with ZERO INVENTORY COST.So you can also start your online stores /Market Place. like(fashion, electronics, Appliances, Home Decor, Grocery. Medicine, etc with a profit of margin minimum 20% to 100% or even more depending upon category, a brand of the products.) If you wish to sell with no inventory, warehouse and with (limited) money then Drop Shipping is the only way to go.
The definition of drop shipping is ‘provide (goods) by direct delivery from the wholesale suppliers to customers of online stores/Marketplace.’ It is a supply channel where sellers list and accept orders through their own online store or online marketplaces but third-party vendors/drop-shippers supply the product and ship it to the consumer directly on seller’s name/label.
How does it work?
- Seller zeroes down on a product that he/she wants to sell and a wholesaler/drop-shipper who can supply the stock on-demand
- List the products on online stores/marketplaces
- Once order received, seller forwards the details to wholesaler/drop-shipper
- Wholesaler/drop shipper picks, Packs, and delivers the order directly to buyer/Customers.
.Benefits of Drop Shipping
If you are a new start-up then you will find following features of drop shipping which will be a great help/boon to you as a beginner.
- Tried & tested business model
- Little starting up cost
- Less investments
- No inventory issues
- No storage maintenance cost
- No shipping hassle
- You can wholly focus on marketing, operations and be maintaining service standard
- Flexibility of running a business from anywhere in the world
- No headache of unsold stock
- Reach more buyers
So why wait? Grab the opportunity and contact Digitalabhiyan a one-stop solution for new entrepreneurs.Who want to start online stores/Marketplace with less & Safe investment.