Why and How to Start an E-Commerce Dropshipping Business in India

Do you want to launch an online store in India but are unsure about what to sell and where to find the goods? This comprehensive guide on dropshipping in India will assist you in launching and operating your online store!

What Does Dropshipping Mean?

Dropshipping is a type of retail operation in which a store is exempt from having to maintain inventory of the goods it sells. Rather, it serves as a storefront for the sale of a product, which, upon an order being placed from the manufacturer or supplier, is subsequently dispatched straight to the buyer.

This eliminates the need for you, the seller, to handle the product personally or keep inventory in warehouses.

What distinguishes traditional retail from dropshipping in India?

In other words, as the selling merchant, you are not required to stock or hold any inventory while dropshipping in India or anyplace else. Rather, you serve as the intermediary and a third party, typically a manufacturer or wholesaler, makes and fulfils the purchase.

Why start an Indian dropshipping business?

One of the most affordable ways to launch an eCommerce store in India is through dropshipping. It lets you sell goods online without worrying about carrying, storing, or keeping an inventory of goods. Additionally, it eliminates the need to handle order fulfilment and shipment.

All things considered, dropshipping renders launching an internet store in India a low-risk venture. With an estimated 51% annual growth rate, eCommerce sales in India present the largest opportunity for business owners. In India, dropshipping is an ideal means of testing the waters, regardless of the products you wish to offer.

In conclusion, dropshipping offers the following advantages in India:

• reduced initial outlay of funds
• Simple to begin using
• less overhead in comparison to other models
• Adaptable place
• A large assortment of goods to sell
• simpler to experiment with various marketplaces
• more easily climbed
• Thousands of Indian business owners have been able to begin dropshipping thanks to Shopify. Start now.

Now, if you're thinking about launching a company, you've probably heard about Indian wholesale. Let's rapidly review the advantages of dropshipping vs wholesale in India.

In India, how profitable is dropshipping?

One of the most successful business strategies in the world today is dropshipping. As the costs of product manufacturing and shipping are not borne by you, you can begin making money from each sale you make very quickly.

However, you do need to make sure you have the correct supplier on board and that the product you're selling is something that people actually need and care about.

In India, how can one begin dropshipping?

1. Identify your specialty

Deciding what you want to sell and to whom is the first step in starting a dropshipping business.Select a niche in which you have a sincere interest and enthusiasm. However, concurrently confirm that the product and the niche are in demand in the market.

Making a list of the goods you want to provide and the possible search terms for them can be a good place to start. Think of terms like "kitchen basket," "yoga pants," etc.

The objective is to determine whether interest in these products is constant or if it occasionally wanes. Entering the term into Google Trends and looking up the previous three months is a smart approach to accomplish this.

2. Determine a lucrative product.

Finding successful products is crucial, even if dropshipping allows you to sell nearly any product on your store.

Consider the overhead associated with operating your store, shipping costs, advertising, and the portion you will have to pay manufacturers and suppliers. Ensure that you have a comfortable margin of at least 40–70%.

Thus, generally speaking, you want to search for inexpensive goods that you can resell for a higher price.

3. Create a Shopify website.

Before you can start selling drop shipped items, your company needs to have a name, an identity, and an address.

In just a few minutes, create a store on Shopify and begin dropshipping. It gives you access to a feature-rich, user-friendly eCommerce platform.

Shopify simplifies everything with just a few clicks, offering capabilities that let you create an eye-catching storefront as well as connectivity with dropshipping apps, payment gateways, and more.

Why is dropshipping preferable than wholesale in India?

In India, the wholesale model has been in operation for many years. However, buying items or products wholesale in India may wind up costing more up front due to increased transportation expenses and personnel expenditures for process management.

Since a customer must buy in bulk to receive a good deal, the cost of goods is now high in the wholesale model. Because there is no assurance that the inventory will be sold, you will need to stock up on more.

You may not have access to government discounts like ePacket, so when you do sell and have to send the order, your shipping expenses will also be expensive.

Starting dropshipping in India, on the other hand, allows you to concentrate only on things like brand promotion and providing excellent customer care to your customers. The manufacturer or supplier handles everything else.