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Drop-shipping is not an option at the moment in FashionGo.
This is done to reduce the risk of losing goods. FashionGo recognizes shipping addresses that are related to the business address you entered at registration. Changing the shipping address could cause an order to be reviewed and lead to unexpected delays.
FashionGo is the leading B2B fashion wholesale marketplace. It connects the fashion industry to purchase and sell the most recent trends on one platform. FashionGo was established in 2002 and has been the global leader for sellers and buyers to find new opportunities. FashionGo offers powerful tools, insightful data and top-of-the-line service to enable the industry to shop smarter and sell more. FashionGo has over 1,400 sellers and 740,000 buyers. The possibilities are endless.
Dropshipping has many benefits
Dropshipping can be a very profitable business model that anyone can start. Dropshipping is a very popular business model.
You need less capital
To set up a traditional retail business, you will need to spend a lot of money. Even if your eCommerce store is a regular one, you will still need to make inventory investments. Dropshipping is a different model. All of the initial costs associated with starting a business are related directly to the operation of your website. Only the domain, hosting, theme and app costs are required. These costs are very low. There are even free options.
It’s easy to get started
Dropshipping is a simple way to start an eCommerce business. The process typically involves three steps: finding suppliers, creating an online store, selling the products, and closing the sale. This business model is easy to set up and manage. You will need to get some basic knowledge if you’re new to the eCommerce industry. Then you can learn more as you go.
Dropshipping is a great option.
- Setting up and paying for a warehouse
- Accounting reasons: Inventory tracking
- How to deal with excess stock or a stock shortage
- Shipping and packing your order
- Returns and Inbound Shipments:
Low overhead costs
The indirect costs of running a business, such as rent, utilities and insurance, are called overhead costs. These overhead costs can be fixed, variable or semi-variable. These costs do not directly relate to revenue generation. These costs are still important factors in determining attractive prices. It is crucial to control overhead costs in this competitive market.
Dropshipping allows you to eliminate overhead costs due to its simple structure. You don’t have to pay for logistics and inventory.
Dropshipping does not require an office, store or warehouse. Dropshipping is a business model that does not require a physical office, a store or warehousing. Your business can be run anywhere you have an internet connection.
It’s easy to use
Dropshipping can be a great way to test new products and ideas. Dropshipping allows you to list and then sell products even before they are paid for. You can market-test your products in real time without having to invest heavily. You can always switch to other products if the product is not selling. It is possible to quickly add trendy items to your store.
If you wish to grow your business in traditional business models, you will need to invest the same resources. Your work is usually three times as much if your order volume increases.
Dropshipping, on the other hand, allows you to grow with less effort and resource as dropshipping suppliers do most of the extra work. You can grow faster because your workload and expenses are not increasing quickly.
Not only that, but packing, shipping, fulfillment can be one of the most difficult tasks in business. You can outsource this part and have more time for business strategy development and planning to grow your company.
Dropshipping minimizes the risks associated with a retail business.
First, you can start an eCommerce business without having to invest thousands in inventory. You don’t have to pay suppliers until customers pay you. Therefore, even if the product is not sold, you do not lose anything.
Dropshipping is a business that does not require you to deal with returns. This is up to your suppliers. This is your responsibility. If you work with suppliers that have low returns rates, you should not be handling emails about returns.
Third, collaboration is possible with multiple manufacturers, distributors, and wholesalers. You can therefore add variety to your business. We all know that diversity reduces risks.
Dropshipping is also a great way to minimize losses due to damaged products, as the shipments are sent directly from the warehouses of suppliers to the customers’ homes.
Dropshipping stores are digital and therefore do not have to be concerned about physical property damage from fires, bad weather or other factors.