Dropshipping has been one of the most popular ways to start an online business in India. It’s a great solution for people who are looking for a low-cost way to get into e-commerce, with no need to worry about products or shipping. It can be done by anyone with basic computer skills and doesn’t require any upfront investment.
The goal of this article is to teach you how to start a dropshipping business in India. Let’s get started!
What is Dropshipping?
Dropshipping is a relatively new concept in the world of e-commerce. Dropshipping is a method of online retailing where the supplier posts their product for sale directly to the customer.
This method gives you the freedom to sell your products to consumers all over the world without the complexities of managing their own inventory.
Why start Dropshipping Business in India?
When you start your own dropshipping business in India, there are many benefits. You can start a dropshipping business with little to no startup costs.
That’s because you don’t need to purchase inventory upfront. You can also test out different products and build your own brand, without any financial commitment.
And because you won’t be handling any stock or shipping, dropshipping is perfect for those who want to work from home.
Here are some benefits to starting a dropshipping business in India that can help you achieve your goals!
Low Startup Costs
Starting a dropshipping business from India will help you avoid the expensive costs of stocking stock. You don’t need to invest in big purchases – you can test products before you purchase them.
With the minimal capital, you will need, you can quickly create and sell a large volume of your own product. Not only will this help you gain experience in your product, but you can also quickly get your own business off the ground!
You Can Run It From Home
Perhaps the biggest advantage to starting a dropshipping business in India is that you can run it from your home. Sure, you will need a laptop with an internet connection to work from home, but you can easily run a full business from your house.
Low Cost Of Inventory
Dropshipping business can be started with little to no startup costs. This is because you don’t need to purchase inventory or stock to start a business. All you have to do is purchase and sell products online.
But you’ll need some products to start with. You can begin selling products from a variety of online stores. If you start selling a product for a low price, you’ll attract more customers to your business.
Fewer Risk Involved
Dropshipping in India is becoming popular because it is cheaper than ever. You don’t need to spend thousands of dollars on inventory. And when you’re starting out, there’s little risk involved.
You won’t be shipping products out in the mail and dealing with foreign addresses and billing. Plus, you don’t need to worry about inventory. You can order and receive a product from one of your suppliers or sellers and just send a few emails.
Low Order Fulfillment Costs
Dropshipping gives you the opportunity to sell your products from a large inventory, which means you don’t have to invest a lot of money in inventory.
So when you start dropshipping, you can start your store with zero inventory. And if you want to start with an inventory, then you can easily do so. The only cost you will incur for an inventory is for shipping, packaging and customs fees.
Easy to setup
When you choose to start a dropshipping business, you can easily get started with just a laptop. You don’t need to purchase inventory and wait for shipments.
And because you are working online, you don’t need to pay for setup costs like inventory tracking software or store design. Instead, you can use free apps to manage your store.
Variety Range of Products Available
Your personal customer base will be people who need and want different products. Dropshipping lets you sell different products and brands of the same type, which is great for those who need more variety than they can get from a traditional eCommerce store.
How to Start a Dropshipping Business in India?
Dropshipping is a popular way to start your own business because you don’t need any of your own inventory. That means that you can start a dropshipping business with very little startup capital, and no risk at all.
Dropshippers don’t have to worry about managing their own inventory so they can focus on building their brand and making sales.
We want to share a step-by-step guide on how to start a dropshipping business in India from today!
Find your niche
You don’t have to specialize in just one thing, but creating a unique selling point (USP) is crucial.
First, you need to understand your customer: Who are they, where do they come from, what do they want, and what makes them tick? This will tell you what your USP will be.
Make a list of all the stuff you do and all the things you don’t do, and you will start to see what makes you different from other companies.
Think of the products you carry that could be covered by a USP. For example, you could make it known that you supply a unique variety of dietary supplements for gluten-free, vegan, paleo, or other lifestyle products.
Include the things you are better at (such as order processing) and the things you are not good at (such as physical sales).
Choose a profitable product
What product do you want to start a dropshipping business with? For a long time, people have been buying products from online marketplaces, but what if you have an idea for a new product that you have seen a lot of online.
For example, you see people buying shoes from online marketplaces, but you want to start a new company that is designing and making shoes. In this case, what would you consider?
There are many options. It can be accessories, shirts, footwear, sports equipment, etc. However, it is important to consider your target audience, their expectations and other aspects before you come up with the best idea for your product. This will make it easy for you to decide on which product to sell.
Select a Supplier
Since dropshipping businesses don’t need to stock their own inventory, they can find a supplier to stock their products.
The first thing you need to do is to choose a supplier. To do this, look for a supplier who already has an established brand in the market.
In the case of cosmetics, the best supplier will be the most reliable one that has the highest sales. If they’re offering the cheapest prices for their product, then there’s a higher chance that their product will be sold.
Fulfil legal requirements
First, let’s talk about the legal requirements of being a small business owner in India, and the possible repercussions of not complying with them.
There are several licenses and certifications you need to get in India, each of which takes a while to obtain. As a small business owner, you’ll need to know about these requirements before you begin, and then get them done to be compliant.
Then, you’ll also need to take out a Small Business License to comply with some local laws. Getting this license involves explaining why your business is necessary for the region you’re operating in, as well as a criminal background check and interviews.
If you want to try to become a wholesaler, you will also need to obtain a Wholesaler license from the government, which means going through a full process.
Design a website
The first step is to create a website. It’s crucial that your website looks professional and makes a good first impression on potential customers.
You should create a single drop site that is devoted to your business. It can be a website, a WordPress blog, or anything else you want to choose.
An effective website should have lots of customer testimonials and photos of the merchandise that you sell.
List Products on your website
First of all, create a website that lists all of your products, and features your most popular items.
Pick out your first product. Write a short, elegant product description. Include a category for your product as well as a unique selling point.
It’s important to choose a site where people can easily find and download all of your product listings so that they can start buying your products right away.
Promote your products
First, you have to promote your products and reach out to your customers. Many people are just waiting to be persuaded to buy from you. However, you need to make sure that you show them why they should choose your products over your competitors.
There are plenty of social media channels where you can do just this. This includes forums, Facebook groups, Instagram, and even LinkedIn. Many drop shippers use one of these platforms to promote their brand and build their audience.
Make sure you are active on these sites. Try to interact with as many customers and customers’ comments as possible, so that you can show them that your products are different and that you have a unique selling point.
Read also: Affiliate Marketing Vs Dropshipping: Which Is Better For You?
Conclusion
Dropshipping is a popular business that you can start with only $500 and enjoy all the benefits it offers.
Dropshipping can be the perfect answer to growing your business faster than ever before.
I know dropshipping is a little complicated, but that’s exactly why it’s perfect for those who want to do it on the fly.
