Want to start an online business in India, but not sure where to begin?
If you’re someone who does not want to get into product manufacture and production, or isn’t sure about what type of products to sell, there is still an opportunity for you - dropshipping in India.
And we’ll tell you why.
What is dropshipping?
Dropshipping refers to a retail business where a store is not required to keep the products it sells in stock. Instead, it acts as the storefront to sell a product, which then gets directly shipped to the customer when an order is placed from the supplier/ manufacturer.
As a result, you as the seller don’t have to handle the product directly or have to store inventory in warehouses.
What is the difference between dropshipping in India and standard retail?
Well, when you are dropshipping in India (or anywhere), you as the selling merchant don’t have to stock or own any inventory. Instead, the purchase gets made and fulfilled by a third party - usually, a wholesaler or manufacturer; while you act as the middleman.
Here’s how dropshipping in India works:
Why start dropshipping in India?
Dropshipping in India is a cost-effective way to start an online store or an eCommerce business.
It allows you to sell products online without having to worry about carrying, storing and maintaining inventory of products. It also removes the need to take care of shipping and order fulfillment.
All in all, dropshipping makes starting an online store in India, a low-risk business model.
India’s eCommerce sales are projected to grow at an annual rate of 51%, making it the biggest opportunity for business owners. Dropshipping in India is the perfect way to test waters, irrespective of the products you want to sell.
India also happens to be one of the biggest suppliers for raw materials and products across various industries. So when you begin dropshipping in India, you can actually choose to work with a local supplier or manufacturer, who will also ensure a good delivery time on orders.
To summarize, here are the benefits of dropshipping in India:
Less upfront capital investment
Easy to get started with
Low overhead as compared to other models
Wide selection of products to sell
Easier to test out different markets
Easier to scale
With Shopify, thousands of entrepreneurs have been able to start dropshipping in India. Get started today.
Now if you’re exploring starting a business, you would have heard about wholesale in India. So let’s quickly go over why dropshipping in India is a better business model than wholesale.