How to Start Online Business Through Drop shipping In India
You must have heard of dropshipping in India; here is all you need to know about it. Are you planning to start an online business in India but don’t know where to start? If you don’t want to get into product manufacturing and production, or aren’t sure what kind of products to sell, dropshipping in India is an option. You can also find out some of the best dropshipping business ideas in India.
And we’ll explain why.
eCommerce sector is booming as more people switch to shopping online for the majority of their purchases. Dropshipping has proven to be revolutionary for many new eCommerce entrepreneurs. It is growing in popularity as a result of the seller-friendly business model. According to the consumer trends, number of products managed through the dropshipping channel are often in demand.
What is a Dropshipping Business?
Dropshipping is a business model in which the seller does not keep inventory. This means that the seller can start manufacturing the product and then deliver it using a third supplier that provides it. The seller does not have to manage inventory and does not have to make the product. The seller only accepts the order and notifies the manufacturer or supplier and his job is done. The seller don’t often seems to see the product which is delivered.
There are several advantages to dropshipping for the seller, and there are also several things to be aware of. India is still adjusting towards this sort of business, and it is gradually gaining traction. When commencing a dropshipping business in India, the seller must consider the following factors.
How a Drop shipping Business works in India
Every drop shipping company in India has a standard process flow that they all follow. The procedure can be summarised as follows:
1. Select the Products
The dropshipper can choose products for the future business from a variety of independent vendors. These days, incorporation with a dropshipping marketplace is also possible.
2. Shop online
The chosen products can now be imported into the online store, both with and without prices. Since the prices as well as profit margin are up to you, the supplier has no stake in them.
3. Customers' Order
Customers browse your store, examine the products, and then pay and purchase. The supplier is notified. The drop shipper supplier is notified of the order you received from your customer, and you must pay them on behest of the shopper.
4. Supplier-based shipping and delivery
The product is now shipped and delivered directly by the drop shipper’s supplier, who also provides the tracking number. White label shipping is also available from many suppliers. Within this case, you could indeed request that the supplier brand the product for you.
Here's a step-by-step guide to starting your own dropshipping business in India:
1. Choose the right product for you
There is indeed a clear pattern which emerges when searching for the most successful dropshippers. They don’t waste time on products that are widely available. They block competition by digging a borewell for niche markets in specific categories.
Dropshipping allows to test how these products are selling, and based upon the customer response, you can always can change your views and sell something else. You’ll save money by not having unsold products pile up in your warehouse.
You can also use Google Trends to see what’s trending now, browse Amazon’s best-selling products to know Amazon dropshipping India, and look for the ‘People Also Ask’ parts in Google’s search engine results pages, among many other things. New trends and unexpected demands can also be exploited.
2. Design a Website
Another point to consider before starting your dropshipping business in India is getting your website in place. Customers should be able to look up products on a good store’s website. A website will give you credibility. This seems to be where you can reassure your customers about the worth and quality of your brand. You’ll need to procure virtual depictions for the products you’ll sell as you finalise them.
Create an appealing and user-friendly website by purchasing a domain name. It should be a well-organized website where customers can quickly find what they need. You can also start a blog to help your customers make better decisions. You can list all payment methods on the website, and you’ll also gain consumer feedback and comments.
3. Choose the right supplier
The next step in starting the dropshipping business in India is to find suppliers who can supply such products at a profit even while having a proven record in the industry. You have two options when it comes to finding suppliers. You can either contact them directly or use an online platform for connecting with them.
By conducting a simple internet search, you can locate suppliers or wholesalers who specialize in a particular product niche. There are numerous websites where you can look for qualified vendors for your product.
While choosing the right dropshipping supplier in India, there are a few things to keep in mind. The supplier should manufacture the products on-site. You should avoid a supplier who seems to be using a third party manufacturer at all costs (i.e who are conducting business via dropshipping).
Examine the profit margins you can obtain from your suppliers. Because you’re merely starting up, you should focus on making money as soon as possible. It would be beneficial if you also looked over your supplier’s promised delivery schedule to ensure you meet your deadlines.
4. Market the Products
You must share all relevant information with your customers after you have started the work and listed the products. You must also ensure that the potential customer sees your product listing. To be successful in the dropshipping business, you must market your brand. You will profit irrespective of the nature of product you have if you really have marketing skills. The tactic is to target the right people.
Increasing awareness of the presence in the market is the goal of marketing and advertising. You must be innovative and willing to take risks. Social media marketing is an excellent place to begin. Take advantage of Twitter, Facebook and Instagram.
Join groups as well as societies where your products might be of interest to others. Communicate with people and also be pleasant to them in order to entice them to try your product. To attract customers, run social media campaigns. Most social media sites give brands and services exposure. If you choose this same right plans on such platforms, you can easily get customers. You can also use Google Adwords as well as other SEO techniques to drive traffic to your site. A very well SEO strategy can help you attract customers by using the correct words and marketing techniques.
5. Study the Competitors
You should research your competitors’ offerings before starting the dropshipping business in India. Bricks-and-mortar stores and other web companies are the two types of competitors. A simple internet search can provide you with a wealth of information about your market’s competitors that you would otherwise be unaware of. You can get a list of competitors, as well as their chosen operating location, market values, and other pertinent information. Discover how your competitors operate in various product specializations and also how do they differ. Learn about the different marketing strategies they use to boost their revenues and profits.
6. Get the GSTIN
The vendor primarily discusses the GST (Goods and Service Tax) prerequisites before finalising. If the supplier requires it, then obtain the GSTIN (Goods and Service Tax Identification Number). This is also advantageous for obtaining this same GST credit that the supplier may charge.
How much does it cost to start dropshipping business in India and Payment Methods?
Using multiple payment methods for an online business can be very beneficial because it allows your customers to pay in the way that they are most comfortable. You can accept payments through debit card, online banking, bank transfer, credit card, EMIs, UPI, Paypal, wallets and cash on delivery, giving you a significant market advantage. Starting a dropshipping business in India should cost you nothing. With the right online platform, you can start your business in under an hour.
Concluding Thoughts
Be cautious and make the correct moves, as your store does or doesn’t catch on with your target audience right away. When your first products did not sell well, there may be a variety of reasons, including poor marketing, poor product selection, the wrong audience, a lack of choices, boring website as well as media messages, poor customer service, and so on. So, use the first few weeks to experiment, try new things, and improve the choices as well as strategies. You will undoubtedly succeed in making the dropshipping business in India profitable. Here is an all you need to know guide on dropshipping as additional help.
