Benefits of Dropshipping Business
Low Capital Required
The biggest advantage of dropshipping business is that it can be started with very small sum of money. You do not need thousand/lakhs/crores of money to invest in this business.
Easy to Get Started
Running an e-commerce business is pretty easy when you don’t have to deal with physical products. With dropshipping we have the following benifits:
- Managing the warehouse
- Packing the products
- Shipping the orders.
- Handling Returns.
- Tracking the products if they are out of stock and managing stocks.
Location
You can run this business from anywhere. You just need a laptop/computer with internet connection.
Wide Product Category
Since you don’t have to buy each and every product that you want to sell, you can offer different products from different sellers.
You can also display costly products for which pre-purchasing would have been monetary constraint.
Scalability
If your business grows well and scales upto 5 times the order, then your effort will not multiply by 5 times. All the work and effort are done by the supplier. You just have to maintain a good customer service.