There has been a shift in the way online businesses operate and sell their products to consumers, Canada among other countries is starting to witness this shift. The shift is from traditional business models which involve brick and mortar shops, door deliveries, and human interactions to e-commerce where it’s possible to buy and sell goods and services online. No matter how big or small your business is into dropshipping, there are several factors that you need to consider when establishing an online business for yourself in order for it to be successful.
In this article, we’re going over some of the things that you’ll need when beginning with dropshipping such as:
Table of Contents
What Is Dropshipping?
Dropshipping is a retail fulfillment method in which a store doesn’t keep the products that it sells in stock, instead of when a product is purchased from the store purchases the item from a third-party supplier which then gets shipped directly to the customer. The retailer never sees or handles inventory.”
The most important thing you’ll need when starting a business of any kind is your goal and passion for doing so. It’s very easy to lose motivation and focus on succeeding with your business, but it is most times not possible without having a goal that drives towards achieving success. It is also very important for you to love what you do so long as there are funds coming in constantly.
The next thing you’ll need is a product to sell. Since we’re focusing on dropshipping, there are several options available when it comes to choosing a product. For example, if you’re selling an article of clothing you can choose a famous brand and just copy their design and have your supplier produce them for you. You may also want to think about the material that the products will be made from since this will affect the quality or even pricing in most cases. There are many suppliers online so finding one shouldn’t be hard at all provided they meet your criteria of having a reasonable price and above-average product quality. After finding your supplier it’d be great if you provided them with some samples of what they will be producing so that there won’t be any major errors in the end.
List your business on the B2B website
Here is the list:
1. eWorldTrade
eWorldTrade is a b2b marketplace that was established to help businesses in the USA and Canada find suppliers easily. You can sign up to our website for free and start searching for your desired supplier products, drop-ship products, and much more.
The next thing you’ll need is a way in which you can communicate with your potential customers since without them you really don’t have a business at all. This will also allow your business to grow over time through positive word of mouth marketing which is one of the best kinds of advertisement that exists today. There are several options when it comes to establishing this such as social media, SEO optimization strategies, and forums just to name a few. If you’re interested in learning more about how eWorldTrade can help establish your online business we recommend checking out our website at www.eworldtrade.com and starting your free trial today!
2. Amazon Marketplace
Amazon is one of the biggest names in the world when it comes to online marketplaces. Amazon has over 300 million customers since they provide huge discounts on almost all products sold on their website, above-average product quality, and fast delivery processes.
Just like with dropshipping there are various options available when choosing what type of business you’d like to start up, however, most people starting an eCommerce store prefer drop shipping or wholesale suppliers because of the high-profit margin that’s usually offered by them. If you’re interested in learning more about how Amazon can help establish your online business!
3. AliExpress
AliExpress is probably one of the biggest suppliers in the world since they offer huge discounts on most of their products. There are several reasons why people choose to drop ship from AliExpress instead of selling directly from a store. One main reason is that AliExpress offers a large variety of different products which you can sell, starting from cheap items worth less than $1 going all the way up to super-luxury items priced above $100 000. The other reason is that there are no costs involved when it comes down to dropshipping which means that you’ll be able to sell for pure profit without any additional fees or charges.
4. eBay
eBay has been around for over 15 years now and during this time they have established itself as one of the biggest marketplaces in the world. eBay has over 150 million active users which spend several hours browsing through different products and buying things that they like.
There are several benefits that come from selling on eBay such as the huge exposure that it provides your business with, a large customer database which you can market to in the future, and also a very simple and easy-to-use platform for listing and managing products. There’s no doubt about it if you’re thinking of starting an online store.
5. Shopify
Shopify is probably one of the most popular eCommerce stores in the world since they offer free plans to all who want to start their own business which requires them to have a certain level of knowledge about how the backend works. Shopify provides an easy-to-use platform for all its users which allows them to build beautiful online stores with very minimal programming knowledge.
6. BigCommerce
BigCommerce is also another well-known website that offers free plans for any small business owner who wants to start selling items on their website by signing up with them. Establishing your first eCommerce store can easily be done within a few hours thanks to the superb service offered by these two companies who definitely know what they’re doing when it comes down to providing simple and user-friendly websites/platforms for people to build upon.
7. Etsy
Etsy was established back in 2005 and since then has grown exponentially thanks to its huge popularity and constant flow of customers who want to buy items from their website. One reason why people like to purchase products from Etsy is that they usually offer handmade or vintage items which can be hard to find on other websites such as eBay and Amazon.
8. Shopee
Shopee is one of the latest companies that have grown exponentially throughout Asia thanks to millions of customers flocking onto their platform every single month in order to purchase products and services that might not be available in their country or region. Shopee has over 600 million users and since its establishment, back in 2014, it has already expanded into 10 different regions which include Singapore, Malaysia, Indonesia, Thailand, Vietnam, the Philippines, Hong Kong, Taiwan, and much more!
9. Suning
Suning is one of China’s biggest online shopping websites that have been around since 2008. They have over 142 million active users which visit the website on a daily basis looking for products to purchase and adding them into their virtual carts as they browse through different categories such as clothes, shoes, home appliances, household items, and much more! Although Suning may not be popular in other countries apart from China it’s definitely worth checking out during your travels so you can find good quality products at reasonable prices.
10. Rakuten
Rakuten has been around for a very long time now and throughout these years their main focus has always been to provide customers with everything they need. From books to mobile phones, you name it! If they don’t have it then Rakuten will do everything in their power to get it for you and ship it out as soon as possible. Currently, they’re one of the biggest companies around and they’ve only expanded since the day they were established which is why we highly recommend checking them out if you’re thinking about purchasing any electronics such as cameras, mobiles, laptops, and much more!
Conclusion
As you can see, there are many different eCommerce websites to choose from which makes it hard for new entrepreneurs to decide which one they should purchase their products from. It’s important that you do your own research and make sure what business model they use prior to signing up with them.
Once again, these are just some of the most popular platforms around today where millions of customers visit each day in order to buy/sell items online. If you’re thinking about starting an online store then we highly recommend checking out any of the above-mentioned companies since they’ve been established for many years now and have a proven track record when it comes down to providing excellent customer services.
