Dropshipping – A potential business in India | Fusion - WeRIndia

Dropshipping business has been gaining wide popularity for the past few years. Now, many businesses are switching to online due to the pandemic.

In this context, dropshipping is a good potential opportunity in the country.

Here is a complete guide about dropshipping business in India:

You can start a dropshipping business without an online store. However, if you have an online store, then it will fetch you good returns. Besides, it increases your credibility as people can find you easily due to your store.

So set up an online store with the right eCommerce platform. There are many cost-effective platforms to set up your online within minutes. Dukaan is one example that enables you to create your online store within a minute.

To start your business, find a good dropshipping idea that will work in India. That means, focus on the Indian market and the preferences of Indians. The concept of your idea can reach the target audience only if it attracts them. Observe the trend of markets. You can use Google Trends to observe it. Also, observe Amazon’s bestselling products to get an idea.

For example, many dropshippers who opened their stores in India during the pandemic were successful by selling COVID-19 related products like face masks. Still, there is a huge demand in the country for these products, especially masks for children in the wake of the third-wave alert. So observe markets. You have to switch to a new product based on the market trends and the demand of customers.

Then you have to find the right supplier or wholesaler that can offer the products to you at a profitable rate. You can find suppliers of a certain niche of products using Google. For example, Oberlo help dropshippers pick quality products from across the globe. It offers a free plan also with which you can choose from a catalogue of around 500 products. Many other platforms like Dropshipzone, DropnShop, AliExpress, Megagoods also help find out wholesalers.

While choosing a supplier, keep the following things in your mind:

• Your supplier should have to be the manufacturer of products but not use third-party services.
• As you will be answerable for faulty products, and not your supplier, choose a genuine supplier carefully.
• Suppliers have to provide on-time delivery of products as assured.
• Profit margin is another thing you have to consider.

Read amount remaining things in the next article.

Image by mohamed hassan from Pxhere (Free for commercial use / CC0 Public Domain)

Image Reference: https://pxhere.com/en/photo/1583503