Are you interested in starting a low-risk digital business in 2024? Shopify drop-shipping is a budget-friendly and hassle-free solution for online businesses that do not have enough time and funds to invest in the inventory. Undoubtedly, growing from a start-up to a brand demands effort and money. But one key factor that you cannot ignore is the guidance of expert Shopify website developers.
On the other hand, even if you have a well-established business, you can use the idea of drop-shipping to try out the new products in the market without investing in the inventory. If you are a beginner, let’s dive into what Shopify drop-shipping is, its benefits, and how can you choose the right partner for drop-shipping on Shopify.
Drop-shipping is a popular business model where digital stores or retailers can sell products without holding warehouses. They directly buy from the suppliers, and the suppliers are responsible for product packaging, shipping, and other handling. If you are one who wants to avoid the cost and efforts required in managing the inventory and the shipping process, then our expert Shopify website developers can help you out.
Talking about the latest stats, the reports show that drop-shipping has been accepted with open arms by businesses. A study demonstrates that the estimated value of the drop-shipping market size for the year 2024 is $301.11 billion. There has been a gradual increase in the number of Shopify drop-shipping stores from 5.16% to 12.82% in the last years, and it is also anticipated to grow higher in 2014.
Here are the steps on how you can start the Shopify drop-shipping business model:
Build a Shopify website, and you will start receiving orders from your customers. Also, you can receive online payments from customers.
The next step is to contact your supplier for the ordered product. You must communicate all the order and customer details to the supplier to process the order further.
Once the supplier packs your customer’s order, they will charge you for the product cost and shipping fees.
The end stage is the successful delivery of the product on time.
Zero Investment Cost—You can start your digital store with zero cost in just a few hours. You don’t need to bear any inventory set-up costs.
Location Flexibility—When running a Shopify online store, you do not need to set up a physical warehouse in one fixed place. Shopify drop-shipping offers you the opportunity to work with no location constraints.
Time-Saving—You can utilize your time on other priority business operations and then focus on the inventory and managing shopping.
Easy Beginning—The least cost is required to start your e-commerce journey with minimal effort. With Shopify, drop-shipping leaves the rest to product suppliers.
Variety of Suppliers—With Shopify drop-shipping, you can connect with a varied range of suppliers to offer a variety of products to your customers. There is no dependency on a single supplier.
Low-risk—You do not need to bear the cost of perishable products when there are no customer orders. Drop-shipping enables you to buy products only when you receive orders from customers.
Skillful Shopify experts are what you need to launch a pixel-perfect e-commerce store with all the must-have features. You can request the developers’ previous work portfolio to accurately assess their expertise.
Launching a Shopify store is not just a one-time job. You need to manage the store operations every day. So, around-the-clock support from the Shopify experts is a plus for you. Consider a Shopify drop-shipping expert who is available to resolve and respond to your queries at the right time when needed.
When selecting your Shopify experts, it is mandatory to consider the pricing policies. The pricing policies should be transparent and free of hidden charges. The clients should get in-depth details for the price they pay.
Building a successful e-commerce business in today’s terms is challenging. To meet the constantly changing expectations of modern customers, you need to put in extra effort to engage them with you. So, in that case, Shopify drop-shipping is an ideal business model for entrepreneurs to lessen the burden and have a low-risk business investment. Click here for more info.
Above all, collaborating with expert Shopify developers for drop-shipping is the critical measure that can decide the success of your online business. A Shopify website design company with vast expertise in managing drop-shipping effortlessly can take you to the right path. Connect with us to explore more about drop-shipping on Shopify.