Instead of sending generic emails to your clients you can create and send customised emails from WHMCS for the products…
Starting a dropshipping website is one of the smartest business decisions you could make all year. With billions of online buyers, you’re guaranteed to have a ready market. But first…
Dropshipping is an eCommerce business model in which you don’t need to keep inventory of the products you sell. Instead, when a customer orders a product through your online store, you buy the product from a third-party supplier, who will then ship the product directly to the customer. This means you never have to worry about what to do with unsold stock. You only buy “stock” when a customer places an order.
When a customer buys a product from you, your customer pays the retail price. But when you buy the same product from your supplier, you pay the wholesale price, which is much lower. That means you make a profit, and you don’t even need to reinvest any of it into inventory!
If your mind is already swimming with visions of running your own successful dropshipping site, we won’t torture you any further. Here are the seven things you need to do to set up your dropshipping site!
Finding a niche helps you narrow down your target audience, so you can focus on strategically offering products that are guaranteed to be well received, rather than just selling anything your eyes land on, hoping that a buyer comes along someday.
Here are a few guidelines for choosing a profitable niche:
The best dropshipping products will vary depending on your target customer. But whether you’re targeting trendy college students, or savvy senior citizens, the principle is the same: The best dropshipping products should have huge demand, but not so much competition that you drown in a sea of similar sellers.
Here are some features you can look for:
Competition: If a product has a high price point and high demand, look around to see if it also has high competition. Think carefully before you start selling a product that already has too many suppliers. It makes it that much harder for your brand to stand out. Besides, if we’ve learned anything at all from economists, too many suppliers will eventually drive down the price.
Your supplier is crucial to the success of your dropshipping business. When you dropship, you don’t have control over inventory and delivery times the way a traditional eCommerce business owner does. You need to find a reliable supplier who can consistently and punctually supply goods to your customers.
Here are a few ways to make sure you’re choosing a reliable supplier:
Legal parameters vary so much across jurisdictions that we’re not even going to try to hint at specific legal advice. Check the laws that apply to your area or ask an attorney what you need to do to set up your dropshipping business. For example, some places require you to get a business licence, and you might want to have a certain business structure for your company (e.g. LLC, sole proprietorship, etc.) The only way to be absolutely sure is to ask an attorney.
In this century, every business needs a website, but this is especially true if you have an online-based business like dropshipping. So, you’ll definitely want to get reliable web hosting and set up your website. If you don’t already know, every website on the internet is stored on a server. Web hosting companies let you store your website on their servers, so you don’t have to pay any of the high costs associated with server maintenance.
Thanks to the invention of website builders, you don’t need to know anything about web design or web development to have a gorgeous website. Some website builders uses drag-and-drop technology so you can easily customise a gorgeous template until it aligns perfectly with your brand.
You’ll want to look around at the various sales channels and choose the one that works best for you.
These are some popular options:
Once you have your sales channel, link it to your dropshipping website.
Your products won’t sell unless you market them to your target audience.
Here are some tips to get you started:
That’s it! Follow these seven steps and you’ll have your own profitable dropshipping website.