Brick-and-mortar stores in once-thriving malls and housing areas are closing due to direct competition from big mega stores throughout the world; thus, consumers are left with fewer local shopping choices. But as quickly as such stores are closing, online stores are opening.
The Common story of a new entrepreneur who wanted to start a new business of their own but hesitated because of not having sufficient funds to open a store at a mall or to arrange a complete setup for offering services
An entrepreneur who wants to be a business owner but does not have enough space or sufficient budget to open a store in a mall can easily opt for online stores. These days, many new business owners are opening online stores and developing the e-commerce concept to open an online store; as such, you can sell online the services and products that you have.
Many new entrepreneurs who do not wish to risk their money when they start online stores for the first time can start with a free online store. With some turnkey platforms offering free e-commerce websites, you can get started with an online store that you can open without spending any big investment.
Proper business planning is necessary when starting an online business so that you can get everything organized, as there are several things that you need to plan when you start the business. You should decide your target customers and offer products or services that appeal to potential customers. make sure your e-commerce website will incorporate an online shopping cart in your site so that people can shop for their things and order them online. The website should be properly designed. It should have proper navigation facilities so that your customers can easily get the things that they want.
If you wish to succeed online, then you should do some research to search the internet to learn more about the online market and the companies that can help you join the internet market without charging a a major cost for their service.
The popularity of online stores has increased in the present days and now online information is easily available, it is even possible to find companies that can help you open a free web store and would give you a free sub-domain and free hosting so that you can carry on with your business venture
One common example of such companies is dropshipping stores and websites Many such companies offer fully turnkey solution websites, also known as E-commerce dropshipping sites, that come complete with the shopping cart, online catalog, email marketing, payment gateway, e.g., Paypal, 2 checkouts, WorldPay, etc and many more.
Such stores usually offer a wide range of products, all compiled and categorized into individual product websites with good product pictures, all thumbnails, and well organized for easy customer viewing and selection, and it allows the owner to add your products to the website and personalize your store. The whole process of ordering and personalizing the main themes of your online store is almost instantaneous
Many turnkey packages will come with built-in search engine optimization (SEO) capability and provide a 24/7 workable system with an auto-responder system to help store organizers run it automatically
Drop Ship Products
While doing your business planning to build a successful drop ship business, you will need access to wholesale products. Therefore, choose your drop ship supplier wisely. You will want to choose a drop ship supplier that carries a wide selection of name-brand products at low wholesale prices, replenishes stock regularly, and cares about your success
Drop Shipping means buying products at good reseller prices from a low-priced source, and having your supplier do the work of packing the goods and sending them to your customer—on behalf of your store’s name
Wholesale Dropship is a revolutionary new system that enables you to make money by sourcing newly released products directly from wholesalers. When you buy from wholesalers, you normally have to buy in large quantities. But with a dropship wholesaler, you get low prices even on small quantities.
Therefore, some of the major wholesale suppliers with access to over 1,000,000 brand-name products, update inventory counts in real time, and ship products quickly. Wholesale dropshipping is a business opportunity like none other. The products are taken care of—you only need to find effective ways to sell them.
It’s relatively a safe business for you because you only pay for a product later after you’ve already sold it and only after having received the money from your customer through a payment gateway like Paypal. There’s no risk of dead stock—no more worries about unwanted inventory.
The downside is only if your dropshipper fails to deliver a product that does not meet specifications, or if the product fails to perform after delivery. Then it will be mind-boggling at times when customers wish to claim for such errors or faults, which you need to ensure your wholesale Dropshipper will be willing to accept returns or changes of products if such event turns out not to be your favor
With a good wholesale drop shipper, your customer only has contact with you, not with the supplier. The products will be sent “blind”. That means your supplier’s name/address/contact details are not visible to your customer. Your customers cannot find your wholesale dropship source; therefore, the business relationship is enforced and will work in your store’s favor
What’s Involved In Starting Your Own Dropship Business?
·You can start your business without any large initial investment;
·You don’t have to buy products in bulk; just order after you get paid by your customers;
·You can ’stock’ your online shop with a huge range of products, effortlessly;
·All the item descriptions and pictures, you can just copy from your supplier;
·You can list items for sale, and if they aren’t popular, you didn’t lose anything… you can test your market risk-free;
·No warehouse costs and no risk of ‘dead’ stock;
·No need to worry about packing and shipping: your dropship wholesaler takes care of packing materials, shipping labels, paying couriers for delivery, and even making sure electrical adapters are right for different regions…;
·…So you can sell to customers anywhere in the world;
·You set your prices and profit every time you sell something!