Dropshipping is an online 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. 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, making it a low-risk business model. Here are some key points to know about dropshipping in India:
- Dropshipping is legal in India and is a lucrative business model as the selling merchant is not responsible for handling the costs of product manufacturing, packaging, and shipment.
- Dropshipping in India is a highly lucrative market due to the incredible growth potential, the ample market space available for experimentation, and the lower risk involved.
- Dropshipping allows businesses to automate most of their business so that they focus on tasks that generate revenue like marketing or building strong relationships through customer service.
- Dropshipping in India allows retailers to run their businesses with just a website. The entrepreneur can be anywhere across the country, and the dropshipper will still be able to cater to the requirements.
- Dropshipping is a useful fulfillment model for both launching a new store and for business owners looking to test the appetite customers have for additional product categories.
In conclusion, dropshipping in India is a cost-effective and low-risk way to start an online store or an eCommerce business. It allows businesses to focus on revenue-generating tasks like marketing and building strong relationships through customer service while the supplier/manufacturer takes care of the remaining operational overheads.
