Everything You Need to Know About Dropshipping – and Quality Suppliers
Dropshipping is one of the most cost-effective ways for e-commerce stores to sell goods, taking out the hassle of storing inventory and handling the daily running of infrastructure and physical operations. Before we delve into the incredible advantages of dropshipping, let’s explore exactly what it is. Dropshipping is a specialised retail strategy whereby companies do not directly manage and distribute their products and goods. Instead, when client orders are received, they send product codes, delivery addresses, and dates to third-party suppliers who will fulfil the company’s order on their behalf.
The Dropshipping process has clear steps, and these include:
- The customer visits the web page of a dropshipping retailer and chooses their goods.
- The retailer processes their order and sends all the information to suppliers/wholesalers.
- Suppliers get the order from the retailer (including product information and client details).
- The supplier ships the order to the customer.
- The customer receives the goods.
The core difference between dropshipping and conventional retail is the third-party factor. While traditional retail outlets will maintain their product inventory and manage all necessary physical infrastructure, dropshipping. Lower start-up costs: One of the most pertinent benefits of this strategy is the fact that e-commerce stores don’t have to invest a considerable sum of money into the launching of their business. Since they’re working with third-party suppliers who handle the inventory and have the necessary staff, companies can launch from anywhere. This dramatically reduces initial costs, allowing people to launch businesses with limited funds. This differs hugely from traditional retailing models, whereby companies would have to buy or rent premises, buy a great deal of stock, hire employees, and equip the store with the necessary infrastructure, including point of sales systems and card facilities. Total flexibility: Dropshipping exists in the e-commerce realm, and since retailers are online, they can work from anywhere in the world. Manage the business from the comfort of your home while your dropshipping suppliers handle the logistics of storing goods and delivering them. As an added bonus, the system allows you to easily add new products when the market changes without the stress of having to buy them beforehand or take huge risks. Easily scalable: One of the best benefits of dropshipping – when you find quality suppliers – is the scalability factor. Since you don’t have to worry about renting premises or finding a bigger space if operations increase, you can boost the business without having to invest more. Moreover, this is particularly useful if sales have been erratic. Since you are working with suppliers, you can up- or downscale your business at any point.
Dropshipping Challenges
One of the number one challenges retailers face is the reliability factor when working with third-party suppliers. Since they are the company managing the physical aspects of the order and the delivery, it is essential to work with suppliers that you can trust. Happily, that’s where the team at KillerDeals can step in, offering you that peace of mind. We have strong quality management principles that we adhere to, ensuring that all the goods that leave us are in tip-top condition. In fact, in 2019, KillerDeals was certified with an international quality management system, guaranteeing improved business systems and enhanced customer satisfaction. We also stock a plethora of goods in diverse categories, allowing you to expand product offerings and or find a niche that inspires you. Categories include health and beauty, jewellery, home and garden, apparel, outdoor and sports, computer and cellular, consumer electronics, and wearables. We also have a special offer section and constantly have fantastic deals that are bound to delight shoppers. Explore our wholesale, dropshipping, and affiliate program here and start selling today! If you are looking for suppliers you can rely on, KillerDeals is the team for the job. Chat with us today. 
