What is Dropshipping?
A kind of eCommerce business in which you sell products that you don’t need to source or store. You only purchase these products from your supplier (at wholesale price) after your customer has already purchased and paid you (at retail cost). You just don't have to worry about fulfillment/logistics or inventory issues at all! This is one of easiest, low investment business one can enter into to taste the success of eCommerce.
How to Start a Dropshipping Business?
Starting dropshipping business is relatively simple and easy. You can enter into dropshipping business in two ways.
- You can start developing a website on your own from scratch if you are good at all the web technologies, designing, content creation, product sourcing, niche selection, reliable hosting and so many other requirements to become a fully equipped dropshipping store.
- Or simply order our custom store, price starts from $299 and it will be ready with all the necessary tools to enter into dropshipping business in lesser than 2 weeks.
Do I need to register an entity to start dropshipping Business?
In general, any individual can start dropshipping business without an entity setup. In most countries it will be treated as sole trader, self-employed, one-man company, proprietorship etc. You just have to consult your tax consultant or find the details from your concerned department about this. Our advice may not be good at this information.
What is Drophy?
Drophy is web Development Company, which builds custom turnkey dropshipping stores based on your requirements at fixed onetime payment.
Is Drophy allows me to import products from any supplier?
No, with Drophy you can upload/import products from AliExpress. As we provide you with our plug in and Chrome extension for easy import and change the required details of your product.
Is Drophy allows me to sell the products at my price?
Yes, you can sell the products as per your comfortable price. But we always do our research properly and offer your initial products at an acceptable price with an inbuilt formula. You can just follow that for your future imports or you are at your liberty to change those accordingly.
What Profit Margins Can I Expect from dropshpping store?
It always depends on the business you do. But we can say a successful dropshipper makes anywhere from $2000 - $5000 per month with just 2-3 hours of marketing and proper SEO, SMM.
When you are sourcing a $5 product, we suggest you to sell them at least 4-5 times higher i.e. $20 - $25. In general, we suggest you sell products with price above $10. You can always sell higher value products as well, but this 4 -5 times profit may not be possible in higher valued products.
How many products should I import in my dropshipping store?
As we import hand-picked, edited titles, proper pictured products from 100 – 500 as per your plan chosen. But you can import from 3000 – 15000 according to the plan you have chosen on your own. If you still need more products to be loaded, you can always contact us.
Do customers mind about long shipping durations?
Yet times, the customer fells its delayed. But, the shipping time happens to be anywhere from 10 days to couple of weeks. To USA it takes around 2 weeks, but it always depends on your supplier. We always suggest you to choose epacket delivery option.
Can I sell anywhere and does AliExpress does shipping to all countries?
Yes. But if you are not sure on some country, you better check the supplier’s shipping preferences. We have never faced any such problem.