Successful Dropshipping Business in India

All about dropshipping

Dropshipping business is a successful Online Business in India. This is a method of selling physical products without having to establish a storefront or the need to buy inventory in bulk. For the customer, dropshipping feels like any other retail transaction carried out online. Dropshipping is used by retailers who need to limit their warehouse space or business owners who are interested in running a simple and cost-effective online retailing establishment. Regardless of the type of business, you operate or the products you sell, there are several ways of operating a retail drop shipping business.

definition of dROPSHIPPING

          This is very important to understand why the drop shipping business is a successful Online Business in India. The term Successful dropshipping business means delivering a product to a customer without having to see, pack, or ship the item yourself. The items that are sold are delivered directly to the customer from the manufacturer of the product, instead of the retailer, but of course, without the option of cash and carry. The way dropshipping works is whenever a customer makes a purchase, the retailer takes the payment and provides a receipt, after receiving all of the customer’s delivery information. The retailer then places an order via the manufacturer, pays the wholesale price for the product, and then provides the manufacturer with the customer’s delivery information.

favorable items to DROP SHIPPING

Dropshipping business works by providing the products to the customers through online stores, catalog sales, furniture showrooms, and any means of commerce. A good example can be given of making a purchase online and receiving your product a few days later in the mail, this is known as drop shipping. Whenever a person purchases products from an online store, such as clothes, shoes, or electronic appliances and furniture, these items are usually sent to the customer via dropshipping. In many cases, major appliances and even home furnishings that are purchased from showrooms are also drop-shipped to the customers, since most department stores do not accommodate large and bulky items because of a lack of space. To be successful Online Business in India is a very bright idea to start with a dropship company.

DROP SHIPPING - THE ORDER PROCESS

Step #1: The Customer Places their Order Whether it’s a new smartphone or a pair of new shoes, the customer can place an order online by filling out an online form or by phone. Once the order has been approved, a few things happen: • The online store sends an automated email to the customer, which is a confirmation email. • The customer’s payment is captured during the checkout process and is automatically deposited into the online retailer’s bank account.

Step # 2: Outlet Places the Order with the Supplier This step is usually a simple one. It involves the store forwarding the email order confirmation to the sales representative at the supplier. The supplier now has the credit card on file of the retailer and bills them for the wholesale price of the goods, including the shipping costs if any, and the processing fees. (Some drop shippers also use automatic XML orders).

Step # 3: Wholesaler Ships the Order If the item is in stock, and the wholesaler is able to successfully charge the retailer’s card, the retailer will box up the order and ship it directly to the customer. While the shipment will be sent by the wholesale, the retailer’s name and address will appear on the invoice of the purchase and on the packing slip. Once the shipment has been completed, the wholesaler will then email the invoice and the tracking code to the online retailer. 

Step # 4: The Ecommerce Retailer will send the customer an Alert of the Shipment Once the e-commerce store receives the tracking number, they will send the tracking information to the customer via email. Once the order has been shipped, the payment collected, and the notification sent to the customer, the order, and the fulfillment process of dropshipping is complete. The profit of the retailer will depend on what it charged the customer and what it paid the drop shipper.

Shopify offers innovative drop shipping business solutions providing the tools and functionality you need to source, manage, list, and sell a wide range of products, without incurring any upfront inventory costs. 

You can benefit from all of this with the help of an advanced automated system designed to meet your specific needs. Despite their critical role in the business process, drop shippers remain relatively unseen by the customer.

Its sole responsibility is to stock and ship products, while everything else, as in, the marketing, e-commerce website, and the customer service is up to the retail store.

Features offered on dropshipping

• Automatic Drop Ship Supplier Management: You can manage hundreds of vendors by creating a supplier portal that can be integrated with your ordering platform. You can easily update your list with new suppliers and trading partners, allowing you to seamlessly manage your operations.

• Get Shipping Status Updates: You will get automatically updated when your suppliers/vendors fill out their shipping status information, such as tracking ID, courier name, tracking link, and others.

• Organize your Drop Shipping Orders: You can easily make and manage orders, lists, payments, and conversations from multiple brands, all from a single platform.

• Real-Time Information: You can utilize real-time information such as product updates, out-of-stock indications, price changes, and others to better cater to your customers.

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