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The eCommerce industry is rapidly becoming part of everyday life around the globe and taking a growing share of the global retail market each year. By 2024 , eCommerce will account for 21.8% worldwide retail industry. In 2020 there were more than 2 billion Internet users who bought goods and services online. These sales generated over 4.2 trillion dollars in the same year.
Dropshipping is an eCommerce model that requires a relatively small initial investment. This is why it is growing in popularity among online sellers. Dropshipping is a viable option for eCommerce sellers who trust it. 27% of them see it as a positive way to trade online, according to statistics. Dropshipping is a way for retailers to do business. They lose control over the products they sell, their shipping and fulfillment processes. Dropshippers will need to establish trust with their suppliers and a great working relationship.
We have previously discussed the top dropshipping providers in the USA and the top twenty best UK dropshipping sellers. Also, we highlighted the suppliers that are the best in Italy. Before you can choose a dropshipping supplier, you must carefully consider all of the benefits they offer. We have compiled a list with all the benefits that you should consider when choosing a supplier.
Outstanding customer service
Dropshippers should be able to count on customer service as a top priority when it comes to what benefits they can receive from their dropshipping supplier. It is essential that you are able to reach your supplier whenever you have any issues with dispatching, delivery or product. This will help you run a successful dropshipping business and make it easy for customers to get the assistance they need. Look for suppliers who can speak English fluently and offer many channels to communicate with you quickly, such as WhatsApp, Skype, phone, Skype and email.
You should also check if the supplier offers a FAQs or Helpdesk. These answers can come in handy if you feel lost during your sales process. Trustpilot is a trusted rating website that allows you to read customer reviews about potential business partners. BrandsGateway is an excellent example of a dropshipping provider that is receiving outstanding reviews and feedback from its customers. This is a sign the team is dedicated to providing premium services.
Your website is built
There are many Content Management Systems (CMS), which allow you to create online stores without needing to know coding. However, not everyone feels comfortable using them to build a website. Dropshipping suppliers can help you build your website if you don’t have the necessary knowledge or confidence. Find out what your options are and if your supplier can help you find a reliable company that has a web development team to assist you in creating your first dropshipping shop. BrandsGateway, for example, has teamed up with Lemon.Dev, a company that can build any dropshipping shop. Lemon.Dev is the best choice for those who want to dropship luxury fashion items with BrandsGateway.
Automate your dropshipping shop
Dropshipping suppliers should provide integrated automation for your online store. This will make your fulfillment and sales process less labor-intensive than if everything were done manually. This will also allow you to spend more time on the important aspects of your business, such as branding, marketing, customer service, and customer support. Your supplier should offer plugins for the CMS (Content Management System), you used to build your website. Shopify, WooCommerce and Wix are the most used CMSs. With them, you can create beautiful, customer-friendly online shops.
BrandsGateway’s dropshipping plugin provides automatic inventory updates. This means inventory levels are automatically updated and synchronized with your store’s inventory. You can also cancel listings. All orders placed on your website will automatically be sent to their system. Once you have paid for them, they will be packed and shipped to your customer. You can also use a currency converter to display and sell your prices in any currency that you choose. Finally, you can enjoy bulk import of your products to your store by completing the category mapping.
Advice for your business
Dropshipping can be very beneficial for those who are just starting out in dropshipping. Your dropshipping supplier can give you business advice about how to manage your store and achieve the sales goals you have set.
BrandsGateway invests heavily in providing customers with a dedicated account manager who deals only with their stores and keeps them informed about their progress. You will also have the opportunity to participate in a brainstorming session, where you can get advice and feedback about your marketing and growth strategies.
Avoid Minimum Order Quantities (MOQ).
Dropshipping is not a business that requires you to keep and manage your stock. If your supplier has Minimum order Quantities these may affect how many units your end customers can order from you. Dropshipping may make your store less appealing to consumers. It’s better to work with a supplier who doesn’t use this approach.
This is especially true when selling high-priced products. Customers will not buy more than one item that is expensive. If you are interested in dropshipping luxury clothing and accessories, you’ll need to find a supplier such as BrandsGateway which does not require a minimum order. This will allow customers to place small orders and still receive a single item. You will make substantial profits.
You can get margins
A high-profit margin is undoubtedly one of the greatest benefits your dropshipping supplier will offer you. Every business wants to make the highest possible profit. It is important to be aware of the profit margins you could earn by selling the goods that your dropshipping supplier offers your customers and business. This can be a great way to assess potential suppliers and choose the best supplier to work with.
Your profit margins will differ depending on what niche you serve with the products you sell. Therefore, it is important to do some research specific to your niche first so that you can compare your baseline. Once you have established a baseline, you can calculate the profit margins you can get with each supplier you choose. Dropshipping luxury fashion items can give you higher profit margins than dropshipping low-ticket products. BrandsGateway can help you achieve margins up to 250% if you choose them as your dropshipping supplier. Calculate your profits easily with BrandsGateway. Simply multiply your wholesale price by the markup, and subtract any other expenses such as shipping fees.
Shipping and logistics
Dropshipping is a great business model to use for your eCommerce store. You will have most of the responsibility over inventory logistics, such as fulfillment and shipping. Transparency on these processes should be one of your top benefits from a dropshipping supplier. Dropshippers should not work with suppliers that do not have clear policies. This will negatively impact customer satisfaction and the reputation of your company.
You must first confirm that the dropshipping provider you choose ships to the territories or countries you wish to sell to. After you have confirmed that the supplier is compatible, inquire about the location of the merchandise. This will affect the tax and duties your customers will need to pay. It is important to mention this on your eCommerce website in order for your customers not feel like they are being charged hidden fees they did not know about before they made the purchase. Finally, make sure you choose the shipping rate that is the most affordable.
This is why BrandsGateway can be your dropshipping supplier. We have the products stored in four countries: the United States, Italy Germany and Sweden. This will enable your supplier to ship directly from their warehouse to your customer, which will help you to avoid some taxes and duties. BrandsGateway partners allow you to enjoy worldwide 5-day shipping for as low as $15/17 USD per parcel
Professional product images from dropshipping suppliers are a great way to showcase the products in your eCommerce store. Many dropshipping suppliers offer SEO-optimized product descriptions, which will allow you to rank higher in search engine results and increase your store’s visibility for potential customers. This is just one of the many benefits a dropshipping supplier can provide to your company.
BrandsGateway will provide you with social media templates to help you design your paid advertising campaigns on all your social media accounts. This supplier will also provide written guides for advertising on social media, and SEO optimization by marketing professionals to help you promote your store online.
There are many factors to consider when choosing a supplier for your dropshipping eCommerce shop. After you have decided which niche you wish to target, and know the demographics of your audience well, you can evaluate all possible dropshipping suppliers and make an informed decision based on the attributes and benefits they offer. You should also review your suppliers from time to time to determine if they are still the right fit for you. Keep an eye out for potential new suppliers and benefits that dropshipping suppliers could offer your business.