Are you considering dropshipping for your new business? Of course you are – it’s one of the most popular business models there is, and for good reason. But while anyone can dropship, it isn’t foolproof.
Fortunately, dropshipping solutions like the Shop1 platform can address and alleviate many of the struggles of this industry.
However, there are still obstacles to overcome (and if there weren’t, we’d all be rich), so before you start your dropshipping journey, here’s what to take into consideration (and how Shop1 can help!).
One of the major reasons for the popularity of dropshipping is that just about anyone can do it. Unsurprisingly, it is also one of the biggest pros of the business model.
Traditionally, owning a business online requires a significant investment into infrastructure like inventory management, storage, and shipping. This can not only make starting a business take longer, it can get expensive as well. If your process isn’t flawless, you risk costing yourself even more time and money once business starts booming. Alternatively, your business may not even get off the ground if your startup costs are too high to pursue a business.
Dropshipping greatly lowers the barrier of entry by allowing anyone with access to the internet the potential to create a dropshipping business. Products are shipped directly from suppliers to your customers, eliminating the need to pre-order inventory and store it for processing.
Shop1 makes dropshipping even easier, saving you the days or even weeks it takes to build an effective website by providing proven templates to choose from for your store. You’ll also be connected with reliable suppliers so that you can focus your time on building your business, not tracking down inventory.
In many businesses, processing orders takes the majority of the business owner’s time. From receiving the order to preparing the packaging, organizing the shipping information, sending the product out, and even handling returns, there is a lot of behind the scenes work required.
In a dropshipping store, suppliers handle most of this work. When an order is received, it is either automatically sent to the supplier or placed manually after recording the relevant information. The supplier then handles all aspects of shipping (but not always returns), allowing you to spend time on other parts of your business.
Returns can be a pain for dropshipping because you lose the profit of the sale and may have to pay a fee to the supplier for restocking, or even receive the product yourself. But with Shop1, all returns are handled automatically by the platform.
The downside of hands-off processing is that you lose control over the customer’s experience with the product. Shipping directly from the supplier saves time, but because you never see the product being shipped out yourself (aside from ordering your own samples), it’s harder to guarantee a positive experience. You also lose out on some branding potential like custom packaging, included samples, or business cards.
Shop1 helps to provide more confidence in the products you sell, working with vetted US suppliers who provide a higher standard or service, shorter shipping times, and the reliability you need to create an effective dropshipping business.
Fortunately, Shop1 makes the pros even better and the cons less intimidating. From creating your store to handling returns and customer service, Shop1 is there to help at every step of the way. You’ll save time and money with the comprehensive platform that includes free shipping (in select plans), free returns, and no hidden fees. Plus, all the suppliers are researched and verified to be legitimate, helping to raise the standard of quality your customers can expect from your company.
If you think dropshipping is for you (and it probably is), Get Started today with Shop1.
Get your American dropshipping business started in less than 3 minutes!