LESS CAPITAL IS
REQUIRED – It's
possible to launch an ecommerce store without having to invest thousands of
dollars in inventory up front. So you don't have to purchase a product unless
you already made the sale and have been paid by the customer.
EASY TO GET STARTED – Running dropshipping business is much easier
than dealing with physical products.
With dropshipping, you don't have to worry about the following:
•
Managing or paying for a
warehouse
•
Packing and shipping your orders
•
Tracking inventory for accounting
reasons
•
Handling returns and inbound
shipments
•
Continually ordering products and
managing stock level
LOW OVERHEAD – Because
you don't have to deal with purchasing inventory
or managing a warehouse, your
overhead expenses are quite low. In fact, many
successful dropshipping businesses
are run from a home office with a laptop for
less than $100 per month.
FLEXIBLE LOCATION – A
dropshipping business can be run from just about
anywhere with an internet
connection. As long as you can communicate with
suppliers and customers easily, you
can run and manage your business.
WIDE SELECTION OF
PRODUCTS – Because
you don't have to pre-purchase
the items you sell, you can offer
an array of products to your potential
customers.
EASY TO SCALE – By leveraging dropshipping suppliers, most of the work
to process additional orders will be borne by the suppliers, allowing you to
expand with fewer
growing pains and less incremental
work.
All the above benefits make
dropshipping a very attractive model to both beginning
and established merchants.
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