If you’re interested in ecommerce, you may have heard about dropshipping. Dropshipping has seen a huge rise recently especially in developing countries , and many entrepreneurs have already found success by running their stores with this business model. (kitting and assembling)
However, dropshipping is still a fairly new concept to many startup entrepreneurs. To make people understand dropshipping in an easy way, ChinaDivision–a professional order fulfillment center, has listed below points in an understandable way for your reference:
- Finding a reliable supplier who is willing to send out products in your name and not their company’s name
- Listing every last one of the products from their site into yours. Markup the prices at least 15%. The more products, the higher chances you have of selling in high volumes. This part is tedious. Remember, you have spent $0 so far, you have not bought anything yet. (kitting and assembling)
- When an order comes in and your customer has paid you, you then buy the product your customer ordered from your supplier and enter their address so it can be sent to your customer. You only buy the products after they have sold in your store. There is no investment or risk. (kitting and assembling)
If you are interested in starting a new business, you can try dropshipping from now on. With years of industry experience, ChinaDivision can always assist your business to a much more smooth way.