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Work from Home Online Business Low Startup Cost
$650
Benefits of dropshipping
Lower startup costs
Businesses that adopt a dropshipping strategy don’t have to invest capital in acquiring inventory, or establishing a location to store it. They also don’t have to spend time organizing their inventory or hiring staff to fulfil orders. This means that the practice has a very low barrier to entry. You can actually start a dropshipping business when you don’t have the funds necessary to run a traditional retailing operation.
Scalability
A dropshipping retailer can scale quickly because order fulfillment is not dependent on the size of a physical location or the number of workers needed to ship out an order. For this reason, it can greatly benefit retailers who experience fluctuating sales due to seasonal factors or other reasons.
Lower inventory management
By eliminating the need to maintain physical inventory, dropshipping reduces the management overhead that retailers face. They do not need to spend time tracking inventory, managing the infrastructure that houses it, or managing shipping – instead, the suppliers take care of these.
Broad product offerings
This practice even opens up more product opportunities. Retailers can offer a wider range of products, meaning a small business that would otherwise not be able to offer so many options without storage can sell a broad selection.
Flexibility
Dropshipping brings flexibility to many facets of a retail business. A brand can operate from anywhere, offer different types of products, and change its offerings easily if market preferences change.
Package Inclusions:
- A developed website that is ready for launched. With logo and banner.
- A website made through Shopify, with payment platform installed already
- More than 2000 items
- All products are free shipping Australia wide
- Access to Australian supplier with over 30,000 SKUs
- Video tutorials and guide
- Full Training
- Lifetime Support
Cost and Expenses for the business:
- Monthly Shopify fee; $39 USD
- Domain fee yearly; $20 AUD
Lower startup costs
Businesses that adopt a dropshipping strategy don’t have to invest capital in acquiring inventory, or establishing a location to store it. They also don’t have to spend time organizing their inventory or hiring staff to fulfil orders. This means that the practice has a very low barrier to entry. You can actually start a dropshipping business when you don’t have the funds necessary to run a traditional retailing operation.
Scalability
A dropshipping retailer can scale quickly because order fulfillment is not dependent on the size of a physical location or the number of workers needed to ship out an order. For this reason, it can greatly benefit retailers who experience fluctuating sales due to seasonal factors or other reasons.
Lower inventory management
By eliminating the need to maintain physical inventory, dropshipping reduces the management overhead that retailers face. They do not need to spend time tracking inventory, managing the infrastructure that houses it, or managing shipping – instead, the suppliers take care of these.
Broad product offerings
This practice even opens up more product opportunities. Retailers can offer a wider range of products, meaning a small business that would otherwise not be able to offer so many options without storage can sell a broad selection.
Flexibility
Dropshipping brings flexibility to many facets of a retail business. A brand can operate from anywhere, offer different types of products, and change its offerings easily if market preferences change.
Package Inclusions:
- A developed website that is ready for launched. With logo and banner.
- A website made through Shopify, with payment platform installed already
- More than 2000 items
- All products are free shipping Australia wide
- Access to Australian supplier with over 30,000 SKUs
- Video tutorials and guide
- Full Training
- Lifetime Support
Cost and Expenses for the business:
- Monthly Shopify fee; $39 USD
- Domain fee yearly; $20 AUD
- Date Listed:04/04/2024
- Last Edited:04/04/2024
- Business Type:Retail
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