Many people dream of creating an online readymade dropshipping store since this type of business can significantly save on retail space and staff. But the readymade dropshipping store still requires investment in the purchase of goods, warehouse rental, logistics and marketing. Therefore, the best option when there is not much money at the start and there is no desire to independently engage in the offline part of online trading will be dropshipping.
What is Dropshipping?
Dropshipping (from the English. Drop shipping – direct delivery) is a type of trading activity that allows the founder of the online store to sell the goods of the supplier when the goods are delivered directly from the supplier to the buyer, and the profit of the online store is the difference between the wholesale price of the goods set supplier and retail price at which the product is ultimately sold in the online store, net of overhead.
Read More: Launch your Dream Ecommerce Business
Features of Dropshipping
The dropshipping scheme is as follows: the supplier company is not ready, or does not want to independently promote and sell products, or when it wants to organize additional sales channels for manufactured or supplied products. The sales functions are transferred to the partners-organizers of the online store, who, in turn, are engaged in a marketing promotion, advertising of goods sold, work with customers, make purchases and receive payment for goods sold. The online store transfers information about the orders placed and transactions concluded, as well as the funds received (minus its own commission) to the supplier, who, in turn, is involved in the packaging and transportation of the order to the final customer. Also, by agreement, delivery can be made on behalf of your readymade dropshipping store.
Benefits of Dropshipping: Why opt. for a Readymade Dropshipping Store?
The main advantage of this business format is the ability to work without large initial investments, that is, the necessary minimum for opening an online store and advertising is still needed, but there will be no significant costs (warehouse rental, transportation costs, etc.).
Risks are minimal, since the online store does not buy goods, but pays off with the supplier only after receiving payment for the goods from the end customer.
Organizational costs are also insignificant: to start an activity, it is enough to have a computer with an Internet connection and a desire to promote your online store, the rest (packaging and delivery) is assumed by the supplier company. As an additional service, the supplier can send goods on behalf of the online store, which will allow you to promote your own brand.
The simultaneous cooperation of the online store with several drop shipping vendors can significantly expand the customer audience, thereby increasing their own income.
Of course, as in any business, difficulties are also present in dropshipping. For example, the ordered products may go out of stock, which will lead to disruption of the delivery time, a refund procedure and, possibly, loss of the customer. Also, transportation may cause problems with customs or postal services.
But any difficulties will be overcome sooner or later, especially if the entrepreneur who organized the online store is a business and purposeful person. Therefore, if you are seriously interested in opening an online store and want to use a dropshipping company as a supplier of goods, below we will provide a list of foreign dropshipping suppliers available to online stores with a description of the terms of cooperation.
But if you planning to start your dropshipping store from scratch you can go through this guide- How to Create an Online Store using a bunch of WordPress and WooCommerce: A Detailed Guide
A list of Dropshipping Suppliers for your Readymade Dropshipping Store
DX.com (Dealextreme.com) is a China-based supplier with over 300,000 products ranging from electronics and mobile phones to cosmetics and sunglasses.
DX.com offers a partner to choose the necessary positions, determine prices for retail customers and the size of their own profit.
The service offers two options for cooperation:
To issue a single dropshipping order for your readymade dropshipping store:
- You need to select the necessary products and add them to the basket;
- after placing the order, click on the button on the Dropship Shipping Service basket page;
- send an order indicating the customer address for delivery;
- make a payment.
After performing these steps, DX.com will prepare and pack the selected products, after which the order will be delivered to the buyer.
For bulk orders (ongoing cooperation), the following procedure is proposed:
- you need to download the catalogue from DX Dropship;
- start selling goods in your online store;
- when placing an order, enter all information into a special CSV file;
- To send an order, download the CSV document and make a payment.
In accordance with the information received, orders will be prepared and sent to your customers.
Details Dropshipping Deals from DX.com
2. Sup Dropshipping
Sup Dropshipping is an all-in-one dropshipping platform and it provides all around services of sourcing, quality checking, packaging, and shipping for dropshippers. It is extremely friendly to new users and the whole dropshipping process can be done with just a few clicks.
It is integrated with Shopify, Woocommerce, Lazada and Shopee, so that you can authorize and synchronize your stores with them to make your business much easier.
Plus they have extremely dedicated agents that respond to your request right away!
Details of cooperation with Sup Dropshipping
The Chinese dropshipping provider BuySKU.com offers a wide range of products for e-commerce: gadgets, clothes, tools, gifts, office supplies and much more.
The dropshipping program algorithm is as follows:
- you need to register on the portal www.buysku.com and select the necessary products;
- move goods to the basket;
- select and click “Drop Shipping”;
- specify delivery addresses and pay for the order.
Within the specified period, all orders will be formed and then delivered to customers.
The company guarantees that the product packaging will not indicate their logos or contacts, and the manufacturer also excludes direct contact with the partner’s customers.
At BuySKU.com there are special offers for partners:
- the service provides photos of goods without watermarks;
- when processing orders, delivery priority is given to dropshipping partners;
- a dropshipping discount is provided regardless of the total amount of the order;
- the system of cumulative discounts.
Details of cooperation with BuySKU.com
A large platform offering over 100,000 diverse Chinese products with low shipping costs and excellent user support conditions.
To work with Banggood.com on a dropshipping system, you must:
- register on the resource on the direct sales page;
- confirm registration by e-mail, which will allow you to activate the initial 3% discount, which is cumulative and increases in proportion to the volume of orders;
- create order and click “Drop Shipping”;
- specify the addresses of the recipient customers and pay for the order.
For a large volume, the service provides the ability to import orders in CSV format.
The company offers discounts for partners 3-10% on assortment items, products on exclusive offers, as well as the absence of a minimum amount for creating order and further delivery. In addition, the supplier provides a guarantee for the product (the period depends on the product category) and also accepts defective or defective products for return.
Terms of cooperation with Banggood.com
Supplier Alibaba.com specializes in wholesale sales on the Internet, presenting on its site offers from supplier companies. On the site, you can find a manufacturer who will work with the owner of an online store based on dropshipping. A convenient addition to the main interface is the availability of reviews and a seller’s reputation rating – such information can significantly help in choosing partners.
A well-known resource, which is an analogue of the previous site, but specializing in small wholesale or retail trade. Here you can also independently find a supplier with the terms of cooperation for the dropshipping system suitable for your readymade dropshipping store.
A supplier with a wide range of cosmetics, manicure, jewellery, watches, hairdressers and other products. Delivery is free throughout the world without conditions for the volume and amount of the order.
The conditions of the dropshipping program are as follows:
- the company provides information support for products and provides photo materials;
- Delivery is carried out to any points without restrictions;
- the goods are delivered without logos and indicating the seller’s contacts, as well as without indicating the wholesale cost of the products;
- the intermediary purchases goods at the wholesale price and independently chooses the margin.
To get started, you must:
- register on the site, start the offer of goods on your resource;
- after customers contact us, place an order for the basket on the BornPrettyStore.com portal;
- set the status of “Drop Shipping”;
- indicate the addresses for delivery of purchases and pay for the order.
The supplier prepares and packs the orders, and then delivers to end customers.
BornPrettyStore.com Supplier Dropshipping Information
Salehoo has 8000+ companies and suppliers affiliated with them. Each supplier is verified by Salehoo. It boasts of 1.6 million products at genuine wholesale prices. Salehoo also has an amazing educational resource to help you grow your business.
Doba has one of the largest inventory of products from a huge range of manufacturers and suppliers. Each supplier in the Doba marketplace has to meet rigorous technical and performance standards.
Spocket allows you to choose the best products to sell from thousands of dropshipping suppliers all over the world. Order Product samples right from the dashboard in a few clicks. Easily test out the products and suppliers to build a reliable business. Fulfil your orders with one click. Spocket is synced with your store and all orders automatically appear in your app. With 60% of our suppliers based in the US or Europe, shipping is quick, reliable and effortless.
Read More: 10 Best Dropshipping Apps with Shopify to Manage Inventory in your Store
Apart from finding suppliers, you need to build an optimised and converting store. Please follow this checklist to build a minimum viable product website=>https://dropshipxl.com/blog/23-step-dropship-website-checklist/
I agree, just finding suppliers is not 100% of the work.
There are many other aspects. Your guide looks pretty much great.