Dropshipping is quickly becoming quite a trend nowadays, especially with the reality that this makes doing business with customers a whole lot easier. Dropshipping refers to the system of moving goods from the manufacturer directly to the retailer without going through the usual distribution channels. In other words, dropshipping makes things easier for the entrepreneur.
Today, many individuals want to venture into eCommerce businesses, or sell products to customers who purchase them online. However, when it comes to managing an eCommerce business, there is this problem of getting disorganized when it comes to possessing the products you sell. You do not want this to happen. And this is what dropshipping solves.
Dropshipping is a low-risk business model that lets entrepreneurs and everybody to sell products to the customers. This, without incurring huge running costs like a wholesaler would have. Because of these lower costs, it is easier to profit with dropshipping and a lot faster when compared with other business models.
First and foremost, more so if you have not tried this system yet, what is dropshipping?
A More In-Depth Look At Dropshipping: What It Is
Dropshipping, to understand it in-depth, pertains to a retail fulfillment method wherein, the store does not keep the product it sells in stock. Instead, when a store sells products using the dropshipping business model, it purchases the item from a third party and has the product shipped directly to the customer. As a result, sellers do not have to handle or manage the products directly, lessening their stress.
The biggest and the greatest difference between dropshipping and the retail model that you may been used to is that, the selling merchant does not stock or own inventory. Instead, sellers purchase inventory as needed from a third party to fulfill orders. This third party is usually a wholesaler or a manufacturer.
Now that you have learned what dropshipping is, you might ask how it works. Well, read on.
How Dropshipping Works
Dropshipping is a supply chain management method. What does it mean by supply chain? If you recently launched a retail business or an online store, a supply chain refers to a network of suppliers, materials, manufacturers, and retailers involved in creating and distributing products, from production to customer delivery.
Here are the parties involved in dropshipping.
These are the people who create the products. They usually do not sell to the general public. However, they sell in bulk to wholesalers and retailers instead, which you will learn below.
Wholesalers are the people who purchase products from the manufacturers. Then, they mark them up before selling them to the retailers. These wholesalers usually stock products from various manufacturers.
On the other hand, these people are the ones who sell products directly to the public, at a markup.
Here is how dropshipping actually works.
The customer places their order with your business or you, the retailer. Then, you alert your dropshipping partner, either the manufacturer or the wholesaler, who takes charge of packaging and shipping the products to the customers.
Your dropshipping partner charges you, the retailer, for the service, and you charge the customer.
Generally speaking, the shorter the supply chain, the bigger your profits will be since there are fewer parties taking the cut. A short supply chain is one where you deal directly with the manufacturer.
Therefore, dropshipping is a popular way for a business to earn bigger profits. How does one actually make money through dropshipping? Read on.
Earning Money Through Dropshipping
Here are the proven and tested ways on how you can earn money with how dropshipping works.
1. Look For The Right Niche
To find a niche that will help you make money online with dropshipping, your search must be able to meet these criteria. First, your niche should be something you are passionate about. Second, your niche should be something that enough potential buyers are passionate about, or one they care about.
2. Establish A Strong Brand
In order for you to get the most out of dropshipping, your brand must be stronger than any of your individual products. Branding is among the key areas where you can add real value. And remember, adding value means making money.
Your duty as a dropshipper is to help sell these products by offering a better branding experience.
There are three important qualities your brand should have. They are: brand quality, brand consistency, and brand value.
Moreover, you should also be able to use brands you like for inspiration. What are the other ways to earn money from dropshipping?
3. Introduce Automation To Your Store
Many dropshipping entrepreneurs utilize various innovations to automate as many repetitive tasks as possible. This is bound to make your day-to-day business and management run more smoothly.
As a result, you will be able to spend more time on activities that actually add real value. These include finding great products, building your brand, and engaging with your customers.
You can use these automation tools for processing orders, customer support, and converting customers.
4. Appear In eCommerce Events
The fourth way into making more money with dropshipping is by attending eCommerce events, may they be in-person or virtual.
When you attend these events, you will be able to learn from other successful online stores. Furthermore, there will be no more guesswork. You will also be able to get inspired, and get direct access to wholesalers. But here is one thing, how do you fare when offering customer service?
5. Provide Superb Customer Support
To be successful and make money sustainably, you should be able to work on better customer support. There is this research by HubSpot, a developer and marketer of software products for inbound marketing, sales and customer service, that shows customers are more likely to talk about an eCommerce store if they had either a very good or very bad experience. What does this say?
This means you need customer support for your dropshipping business that should do these things. First, making sure there are no bad customer experiences that lead to customer complaints. Second, offering truly excellent customer service that customers will talk about.
Among the things you can take heed of in this regard include being on time when responding to customer inquiries, showcasing integrity and honesty, providing a concise and informative Frequently Asked Questions or FAQ section, and making customers feel like you know them.
These are only some of the ways you can make money with dropshipping, and there are more, such as utilizing a good software that will streamline the various processes in this system. Meet FindNiche.
Get To Know This Dropshipping Software Now: FindNiche
FindNiche is touted as one of the best dropshipping platforms for people so they can easily find winning products, niches, and Shopify stores. You learned about finding your niche being one of the ways to increase your profits from dropshipping, and this software can help.
The database of FindNiche has over two million Aliexpress products with a massive 11,000 niches and more than 700,000 Shopify stores. It is specially designed for entrepreneurs running their dropshipping businesses.
FindNiche provides a wide range of features that include Aliexpress analytics, Shopify analysis, and Ad Spy.
The software provides more than 100 million Aliexpress products. Users can check the number of orders, the degree of competition, and the countries or regions where the products perform well.
As an Aliexpress niche finder, FindNiche provides eCommerce sellers with the Aliexpress bestsellers list where these sellers can discover winning products through product trends.
This platform is also a Shopify niche finder. With over 25 million Shopify products, FindNiche can help eCommerce sellers quickly complete dropshipping product research.
It also lets you research your competitors via their domain name or keywords. Plus, the software can also help users check the ads link, engagement, and Alexa ranking of Shopify stores. At the same time, you can easily find successful Shopify dropshipping stores in your niche or industry.
Moreover, the platform likewise provides Facebook, Instagram, and YouTube ad spy functions. It can help users quickly understand the advertising strategies of competitors. At the same time, you can implement dropshipping product research and look for winning products by checking ad comments and likes.
Lastly, FindNiche provides users with a list of 20 best products to sell on Shopify. You can find the most profitable dropshipping niches on a daily basis with their artificial intelligence- or AI-run algorithm.
For the pricing, FindNiche has two options for you to choose from, monthly or yearly.
For the monthly option, there is the Basic at $9 per month, the Elite at $59 per month, the Premium at $99, and the VIP Enterprise at $199 to $499 per month. Both the Elite and the Premium options offer a three-day trial for only $1.
For the yearly option, you have the Elite at $35 per month or $420 billed annually, the Premium at $59 per month or $708 billed annually, and the VIP Enterprise at $199 to $499 per month.
Each pricing tier already includes the various features that FindNiche offers, though their availability may differ depending on the pricing you choose.
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Despite the simplicity that dropshipping provides, considering it is easier to handle products with this method, there are also challenges that lie with this system.
These challenges include reliance on third-party suppliers, high level of competition, and tight profit margins. It may also at times provide difficulties in customer support, finding your niche, planning for growth, creating your own dropshipping site, handling finances, and working with suppliers and fulfilling orders.
These are why there are software and platforms that can help you turn everything about dropshipping into a hassle-free process. With the right software and resources, you can be able to succeed in your every endeavor with dropshipping.
ShipStation is a must-have platform and tool for everybody who is looking at starting their online business. In this piece, you will get to know about this tool. But for now, let us head over to a discussion that will benefit every aspiring online entrepreneur.
In this day and age, it seems that the brick-and-mortar stores are being overshadowed and overtaken by online stores. Truly, online business is unprecedentedly booming nowadays. Aside from being convenient for the customers since they can shop almost anytime and anywhere they are, even when they are at home, online selling is also beneficial for the entrepreneur. Gone are the days when the business owner needs to think about the operations in brick-and-mortar stores. Technology has paved the way for selling their products and services much easier, much faster, and much better.
In this article, you will get to know the many reasons why entrepreneurs should venture into online selling. Plus, there will be a discussion on ShipStation, a software that you should have as you run your online business. Let us get to it.
Prior To Learning About ShipStation, Let’s Tackle The Reasons Why You Should Start Your Online Selling Business
If you have a store in a shopping mall, let’s say, or you have been running a store that offers products to customers for several years, but you are not yet online, this is a time you must ponder on your actions, because the Internet is where the great opportunities are. What is online selling and why should you start your online selling business? We know you may be thrilled and looking forward to learning about ShipStation and what a great software it is. But prior to the discussion on ShipStation, let us take a look at the reasons why you must have your online selling business.
What is online selling? Online selling pertains to the act or process of selling goods, products, or services via the Internet or mobile application. It also refers to the selling of these products via auction sites, online classified advertisements, online shops, social networking, social media, or webshops.
There are also several concepts that revolve around online selling. These include dropshipping, wholesale, and selling on platforms. One of the things that business owners into online selling must prioritize is updating the right tracking information to the customers. Without considering this, customers may lose track of the items they order. Here are the best reasons why you should start your online selling business.
1. Online Selling Offers Incredible Scalability
Not every online business can transform into a huge hit with rapid exponential growth. Many entrepreneurs start online businesses thinking customers will find them that easily, and sales will just pour in because of their presence on the Internet.
Well, this is not the case, and scaling a business is never easy, even online businesses. However, having an online business has a clear advantage. For one, starting a business online will never limit your store when it comes to the audience it can reach, unlike brick-and-mortar stores. Scaling is easier compared to the traditional way of doing business.
2. Provides Limitless Freedom
Many business owners are attracted to the online business because of the freedom this can offer. There are many tools available for online entrepreneurs so they can operate from any location. They include laptops, tablets, business apps, and Voice over Internet Protocol or VOIP communication systems. To paint a better picture, you can find an online entrepreneur running their business while sipping coffee in a coffee shop.
Not being tied to a particular place or desk eight hours a day, excluding lunch breaks and snack breaks, can be empowering. Many online business owners use this opportunity as their motivation to work even harder. In this way, they can also spend more time with their families and invest time in doing the things they are passionate about.
3. Provides Lower Overhead And Higher Margins
With an online business, you can eliminate the huge costs that offline businesses usually incur. Aside from eliminating costs like paying for the office rental space and more, you can also take advantage of dropshipping when managing your online business. This reduces your financial risks, and will let you maintain more consistent margins with less upfront costs.
4. Gain Access To A Worldwide Market
A great thing about running an online business is the opportunity to run it 24/7 without the limits. There are no geographical boundaries and no specific hours to operate. The articles you read about are right when they say the online business can produce revenue around the clock, even while you are sleeping.
However, these do not tell you that all you have to do is to sit back and relax. You have to work hard for the success of your online business. Strategies like a well thought-out social media plan, search engine optimization, and paid media will make your online business thrive. Plus, there is this luxury of being able to reach out to specific states, regions, and countries.
With these in mind, you are one step closer to the success of your online business, even if you are just conceptualizing it right now. You will get there. There is a tool that will better catapult your online business to success. Get to know ShipStation.
ShipStation: The eCommerce Platform You Can Trust
Now that you have learned about why you should start your online business, if you haven’t, and why you should keep going if you already have one, we move forward to discussing a software that will take your online business to greater heights.
ShipStation: Shipping Software For eCommerce Fulfillment
Regarded as a multi-carrier and multi-channel shipping solution for the online business, ShipStation has been designed to facilitate the shipping and fulfillment processes for online retailers.
It is a very popular website where you can purchase shipping labels at discounted prices as you automatically update the tracking information to your partner platforms.
Whether you are selling on Amazon, Walmart, Etsy, eBay, WooCommerce, Shopify, or more, you can easily integrate with ShipStation. This is perfect for those selling more than five orders per day, wanting to quickly purchase labels, and wanting to update the tracking information.
ShipStation powers thousands of stores and processes millions of shipping labels every month. With this being said, it is able to save merchants time and money by maximizing their shipping efficiencies.
In order to accomplish this, ShipStation automatically retrieves and consolidates order information from more than 40 sales channels, implements a pre-configured set shipping preferences to each order based on what the user has specified, processes and prints customized shipping labels and packing slips, and automatically updates each store with shipping status and tracking information.
Once the label is made, ShipStation automatically facilitates all customer communication, and offers consolidated reporting for immediate viewing. All of these, take note, happen automatically, seamlessly, and in real-time.
Plus, for those looking to outsource some or their entire shipping operations, including picking, packing, shipping, and customer service, ShipStation is also integrated with Fulfillment by Amazon. Isn’t that wonderful?
Notable Features Of ShipStation
When using ShipStation, there are literally tons of features you can enjoy. Here are the most notable of them.
ShipStation is directly integrated with more than 70 of the best-selling channels. Thus, it makes it easier for the online business order to manage their orders by using only one platform, that is, ShipStation.
They gain complete control and insight into the orders at every phase of the shipping process, from all your various selling channels. Save time by automatically applying actions to orders based on a predetermined criteria. Sync as many orders you would like, and across as many sources you utilize by connecting a selling channel. You may also manually create orders, upload a CSV, or input via API, plus so much more.
ShipStation does magic for your online business when it comes to shipping. ShipStation is present to help simplify your shipping workflow.
This platform helps the user quickly generate discounted shipping labels for all of your online orders. With ShipStation, you can search for the best rate, print a label, or batch orders for rapid multi-label creation. In just a few clicks, you can spend more time selling and less time shipping. Let ShipStation do the heavy lifting for you. This is your ultimate one-stop solution for your online business.
Would you believe that ShipStation also partakes in your business’ branding? The software provides an exceptional post-purchase experience with its branded shipping feature.
Branded shipping gives everybody the opportunity to create a more personalized and memorable delivery experience for your customers, at no additional cost. ShipStation powers branded shipping via a wide array of services like customized shipping labels, returns portal, and tracking page.
Your online business needs to effectively manage its inventory, whether this comes from the warehouse or from remote locations.
With ShipStation, you can view stock levels, set inventory alerts, or allocate stock all while selecting, packing, and fulfilling orders more efficiently. The inventory management solution at ShipStation likewise provides you with custom reports so you never run out of stock again.
Integrations And Partners
ShipStation also lets you import orders wherever you sell and create shipping labels for however you intend to ship.
ShipStation makes it easier for everybody to integrate with your marketplaces, shopping carts, order management systems, and more. Bid goodbye to the tedious copy and paste when you still do not have ShipStation.
Avail ShipStation Today: Get To Know The Pricing
Perfect for every online business, ShipStation is totally web-based and offers a 30-day free trial, and includes a free USPS Postage account. Their priority is toward maximizing the experience of the customers. Whether it is about its user-friendly interface, rich and robust features, time-saving tools, or exceptional seller support, ShipStation is here to deliver the highest quality shipping product and service available in today’s market.
There are several pricing options you can choose from. These are the Starter at $9 per month, Bronze at $29 per month, Silver at $49 per month, Gold at $69 per month, Platinum at $99 per month, and Enterprise at $159 per month. The most popular is the Gold pricing tier. For more details about the pricing and the features included in each, visit this page.
When you manage your online selling business, that is not to say there are no stresses involved. Among the things that might stress you out is finding a way to update your customers with their tracking information. Not many eCommerce platforms can offer this help to you. Fortunately, there are software like ShipStation that has a wide range of features, including this, updating your buyers with the tracking information of their purchase, so they will remain loyal to your business.
We hope this discussion taught you about the benefits of delving into the complex yet fulfilling world of online selling. We hope this learning inspired you to improve the way you do business with the several platforms available around. What are you waiting for? Get started using ShipStation today.
Website building, over the years, has become as crucial as the business having their own store. Since more and more people across the globe are online, businesses without a website are undoubtedly losing a lot when it comes to garnering sales from their customers. In this article, we will take a look at the top reasons why your business needs a website, what happens when you do not have a website, and why you must avail of website design services from us at iARTidea.
More People Are On The Internet
According to statistics from website Oberlo, there are 4.66 billion active Internet users as of 2021. This marks a 316 million year-over-year increase compared to the figures in 2020. Considering the global population at 7.83 billion, this figure equates to an Internet penetration rate of approximately 59.5 percent, or almost 60 percent. That means over half of the people worldwide are Internet users.
Having said these, your business will succeed more in terms of gaining the attention of customers, particularly online consumers, when it has a website. Several people around the world visit various websites everyday. However, there still is a lot of work to do when it comes to encouraging businesses to launch their online presence via a website.
Recent data from website Fit Small Business indicate that 71 percent of small businesses already have a website. This information is up from 2018, where only 50 percent of small businesses had their website. This still does not include medium-sized businesses and large businesses like corporations. However, this will help us picture out how the business industry fares when it comes to having their own website.
If you are among the 28 percent that do not have a web presence yet, through a website, it is time that you work on having your own website. Here are the reasons why your business must have a website.
Reasons Businesses Should Build Their Website
No matter what industry your business is in, investing in your online presence offers massive impacts upon your success. In today’s generation, unfortunately, there are still businesses that do not realize many of their customers will see if they have a website. This is to inform them of what you offer. They take a look at your website before making their purchase.
Through a website, you can be able to establish your online presence. Thus, this is a make or break when it comes to garnering more revenue. At the same time, the quality of your website says a lot about your business results. Thus, we tell you the reasons why you must have a website. And, here is the good news. There is a solution that will work best for your business needs.
1. Launch Your Online Presence 24/7
With a website, you can expect your customers to always be able to find you, not just at particular times within the day, but literally anytime and anywhere. Even beyond the business hours, the website will take charge in finding and securing you with new customers.
A website offers your customers convenience since they can access the information that the business provides them in the comfort of their own residences. Of course, this, without the added pressure for them to buy what you sell.
If you choose to still stay offline, there are chances you will be losing customers to your competitors. This is since many companies today have their own website.
2. Facilitate Exchange Of Information
Aside from giving you online presence anytime and anywhere, a website also provides a quicker and easier way to communicate information between buyers and sellers. On your website, you can indicate your opening hours and contact details. You can also include images of your products or location. The website may also have your contact forms to facilitate inquiries from potential customers, and feedback from your existing customers.
A website may also house promotional videos to further exchange your customers. This also sells your business in a very effective and cost-efficient way. Links to your website may also be promoted via social media. In this way, you will be able to build a stronger community with your customers.
3. Showcase Credibility
In today’s modern society, there is an expectation for any reputable business to have its online presence. Since the emergence of the Internet and websites, many businesses have chosen to track of launching of their own website. Because of this, there is this mindset from customers distrusting a business that does not have a website, similar to how they look at businesses without a telephone number, physical address, or email address.
The website is a useful tool to share valuable information about the business with your customers. It also answers the questions they may have. Having a website makes your customers feel more comfortable availing of your services, as they will assume they can get the same incredible experience in all areas of your business.
4. Save Money
A website, as much as it can provide information, also can sell goods and services directly to customers. In many cases, it even removes the need to process transactions in brick-and-mortar stores which usually involve large operating costs.
With a website, you can eliminate these overhead expenditures. This allows you to lower your prices. Thus, it provides businesses with the real competitive edge.
Moreover, a website may also be used internally in the company. This is beneficial when you need to share information with colleagues or give the management access to important news.
5. Expand Your Market
Since your website is accessible to anyone anywhere in the world, it has become even easier to break geographical barriers. Practically anyone from any country can find your company, thus increasing your market reach. With a website, you can gain customers from around the world.
6. Acquire Consumer Insights
By having a website, you change the way you track the success of your business. A website can provide a diverse range of data so you can better understand your online presence. You can even highlight opportunities to change certain aspects of your business, including your store hours, promotions, product catalogs, and so much more.
A website can offer the business access with a different type of advertising. This form of advertising has more accuracy and reliability than the traditional offline advertising approaches.
For one, search engine optimization or SEO and online advertising are great ways to build brand awareness. Your business can be the first that the customer sees when they search for a product or service you offer.
Your website may also have eCommerce features to make buying products or finding a retail outlet easier than ever before.
8. Gain An Edge In The Business Competition
Without your website, you are missing a lot, especially when it comes to gaining new customers. Having a website provides you with a competitive edge in the industry.
9. Connect With Your Customers Better
Managing the customer support aspect of your business can be daunting. With a website, you can handle this customer service easier.
Your website may feature a Frequently Asked Questions or FAQ section to reduce customer service costs, and save you time and money. Likewise, you also provide more information to your customers.
The website may also include a live chat feature so customers can get answers to their inquiries instantly. With these, you encourage positive customer relations in the long run, since you are able to produce happier customers.
10. Get Growth Opportunities
Generally speaking, websites are fantastic ways to provide a place where potential investors can connect with your business. A website shows what your company is about, its achievements, and what else it can achieve in the future.
Now that you have learned the many reasons why your business should build their website, including the advantages that a website can provide for the business, we will take a look at what will happen if your business chooses not to have its own website. Read on.
What Happens When You Do Not Have A Website?
1. Lack Of Competitiveness
The first effect of not having a website upon your business is experiencing lack of competitiveness. Your competitors that have a website are gaining exposure that you do not have. You are also missing out on connecting with customers who are online and on the Internet. Do not let your potential customers choose your competitor only because you do not have this online presence.
2. Damage In Your Reputation
In today’s world where many people are online, a website truly matters. Your potential customers may be there looking for you online, but you cannot provide them with your online presence. In turn, this will lead to reputation damage.
Without a website, you fall behind the competition. You also turn these potential customers into frustrated customers since they may be looking for you online, but you are not there.
3. Miss Out On Social Media Opportunities
Social media, especially when your website is on your social media accounts, provide a lot of opportunities for business success. For one, you can engage differently with your customers when you have this online presence. Second, there are more chances of spreading the word about your business a whole lot better since customers can share about your business on social.
4. Inaccurate And Outdated Information
With a website, your business is more likely to be able to update information from time to time. With details that are updated, you will be able to attract more customers who are always on the lookout for fresh and new information.
Why Avail Of Website Design Services From iARTidea
When you are ready to build your own website, you are lucky since there are several companies in today’s industry that offer website building and design. Just by simply searching over the Internet, you can find tons of providers that offer these services. One of the companies that offer website design services and more is iARTidea.
Why choose iARTidea to build your website? There are several reasons why.
Inevitably, there are costs when you need to build and design a website. You can get access to the most affordable pricing in the industry when you need website design that also does not compromise on the quality.
iARTidea has a team of talented professionals who are willing and more than glad to invest their time, skills, and resources to create a website that suits your business preferences.
Should you need to consult with our team, whether it is about evaluating your current website or seeking help when launching your new website, we offer this consultation for free. Simply coordinate with our team anytime you require a consultation.
Fast And Responsive
Our team here at iARTidea values your time well. Therefore, we can provide quick responses to your concerns, inquiries, and other things you may need. Ask us anytime.
Optional Maintenance Service
We will never pressure you from getting services you do not want. At the same time, we also offer this optional maintenance service that will result in enhancing the way your website performs.
SSL pertains to Secure Sockets Layer, a computing protocol that ensures the security of data sent via the Internet by using encryption. iARTidea also provides this for free.
No Hidden Charges
Lastly, there are no hidden charges when you avail of our website design. Launch the online presence for the best of your interests starting today.
Since 2011, the iARTidea community has been gathering the most dedicated and talented developers, marketers, and designers to provide the most in-demand online services to a wide range of local business owners.
Today, iARTidea is continuously expanding worldwide, introducing innovative and powerful solutions.