Dropshipping is a fast and inexpensive way to start a business, especially for people looking for a side hustle. You can sell products internationally without having to worry about shipping or inventory issues when starting your own Shopify dropshipping store! Here are 10 reasons why it might make the most sense for you if you’re interested in running it as a side business.
1. Dropshipping is a relatively inexpensive way to start a business
Starting your own Shopify dropshipping store means you don’t need large sums of money for inventory, and the initial outlay doesn’t have to be that high either!
Dropshipping store costs about the same as a monthly subscription service, and you can easily buy products from stores like AliExpress or Alibaba and sell them on your store.
2. Dropshipping provides fast go-to-market opportunity
Dropshipping stores are usually set up within days and weeks, not months or years. Once the store is established, it can be run alongside other work with ease. Dropshipping is perfect for the side hustle or a full-time job!
3. Run your business from anywhere
There is no limit to where dropshipping stores can be run, so it allows people to start a Dropship business while staying at home.
4. No shipping involved
Dropshipping stores do not need to worry about the orders and shipments since these are all taken care of by wholesalers or suppliers. The stores only need to worry about sending an email with tracking numbers to customers. Dropshipping means you don’t have to deal with all that stuff!
A quick tip: Dropship products can be sold on eBay too!
5. Dropship without inventory
Dropshipping stores don’t need to hold any inventory. Suppliers do all the work, so dropshipping store owners can sit back and relax while their orders are fulfilled. Dropship products cost is typically lower than wholesale costs and at a higher margin compared to selling retail or importing goods from China (although there may be some variations).
Dropshipping stores don’t need to worry about inventory or shipping, or storing anything – it’s as simple as sending an email when the order is placed!
6. Dropshipping typically has a higher profit margin
Because suppliers take care of packaging, storage, shipping, and customer service, dropshipping store owners don’t need to worry about dropship order fulfillment. Dropshipping store owners work directly with wholesalers or suppliers, which means they avoid the markups on products they sell to buyers.
7. Dropship to any targeted niche
Dropshipping can be very well defined. You can target a niche with your marketing campaigns using Google or Facebook ads. Well defined market guarantees a constant inflow of traffic, which your dropshipping startup can use to build your subscriber database using offers and promotions.
8. Dropshipping success stories – follow their steps
There are many dropshipping success stories published on the web, and these dropshipping stories can be inspiring for Dropshippers who want to start their own Shopify dropship business. You can analyze their strategy, replicate or improvise it for your store. There is also a lot of information about how to start a dropshipping business that you can use to your advantage.
Have you heard about AliDropShip?
AliDropShip is probably the best and most affordable dropshipping tool, especially if you plan to source from AliExpress. It allows dropshippers to seamlessly integrate their e-commerce store with dropship suppliers in just a few clicks.
Ali is a digital marketing blogger and author who uses the power of words to inspire and impact others. He has written for leading publications like Business2Community, Inc. Magazine, and Marketing Profs. When not writing, he enjoys spending time with his family.