Dropshipping is differing from e-commerce but it gives shape to e-commerce. The main difference between dropshipping and e-commerce is mediator and stocks. Yes, I normal e-commerce you need not have a mediator and you need to have stocks and products . But in the case of dropshipping, you need not have stocks, products and inventory. Frankly tell, you are a mediator in the dropshipping industry. In other words, dropshipping is a trade fulfillment process where an amass doesn’t keep the goods it advertises in supply. Instead, when a store sells a product it purchased the item from the third party and has it shipped directly to the purchaser. As a result, the vendor certainly not sees or knobs the goods. In nowadays dropshipping is a good growth industry and risk-free too. You need not invest so much money. In dropshipping, drop low and gain something big.
Best platforms to start-ups:
There are some best platforms to start-up a business. There are, Woocommerce, Magneto, Shopify.
Woocommerce is an untie foundation e-commerce hook up for WordPress. It is intended for miniature to large-sized vendors online using WordPress. WordPress is a platform to create websites in a short time of period for business purposes.
Magneto is an untie basis e-commerce stage written in PHP. The software was authentically build-up by Varian Inc, a Unites States private corporation head office is in Culver City, California County with help from volunteers.
Shopify Inc is a Canadian e-commerce corporation head office is in Ottawa which is in Ontario. It is also the name of its administrating e-commerce stage for stores of online and trade point-of-sale organization. Shopify is the world’s best platform for beginners in the e-economic world. In Shopify, nowadays 75% of shares used by us. I mean you can use Shopify as a platform for your business by changing themes. I mean use the same skeleton but changing only body and this is the main theme of Shopify.
What are the winning products in dropshipping?
Google trends and Salehoo market research lab gives 40 profitable home-based business ideas. There are some ideas,
Fitness trackers: fitness trackers expected to earn around 3.33 billion United States dollars in 2022. For example, the Salehoo market research lab data, an average selling rate of Fitbit surge fitness super watch is 176 dollars. This makes it an attractive prospect.
Bluetooth speaker: as per the stats, the annual growth rate of the Bluetooth speakers increasing 11%, 2017 to 2021. As per the Salehoo market research data, an average selling price of JBL Flip 3 portable Bluetooth speaker is hundred dollars and sell rate is 83%
Smartwatches: as per the data, the annual growth rate of the smartwatches increasing 20% to 29% in 2022. And as per the Salehoo market research data, an average selling price of Garmin Vivo active smartwatch is 254 dollars and selling rate is 80%
Organic tea: as per the stats, the annual growth rate of the organic tea increasing around 5%, and 2017 to 2021.
And wooden watches, resistance bands, USB charging docks, anti-aging cream, yoga mat, sunglasses, kid’s tent, and artificial flowers are also some profitable products. And these are the dropshipping winning products.