How to start a dropshipping business in India

Drop shipping in India is a great cost-effective way for new entrepreneurs to start an e-commerce business. Drop shipping allows an entrepreneur to sell products online without having to carry inventory or ship out products making it a low-risk business model for those just starting.

How Does Dropshipping Work?

No More upfront inventory costs or shipping logistics. with dropshipping, products are sent directly from your wholesaler to your customers.

Step 1 - customer places an order with your shop.

Step 2 - your shop places an order with a third-party supplier.

Step 3 - third-party supplier prepares your order.

Step 4 - Supplier ships order directly to the customer.

The best part of dropshipping is that you only purchase your customer's products after they have made the buying on your store saving you more money. India’s eCommerce sales are rising at a yearly rate of 51% making it the biggest opportunity for online retailers. And by 2020,

it is expected that eCommerce sales will account for $120 billion in revenue. An Indian drop shipper is free to exchange their businesses to that outside of India but the Indian e-commerce market will continue growing to make it a worthwhile market to dropship into.

You do not require a warehouse full of record to run your own business. Dropshipping is a large way to begin a business on a budget. You can hit the ground running by sourcing a pre-existing product of a supplier and having them take care of things like packaging and fulfilment.

This process lets you skip over a lot of obstacles that might be standing in the way of you beginning your own business. More importantly, a dropshipping business eliminates the risk of finding out there is no market for your product after placing a huge order with a manufacturer or supplier.

How to Start a Dropshipping Business in India?

1. Step 1: Choose a Supplier.
2. Step 2: Select your products to sell.
3. Step 3: Get your GSTIN.
4. Step 4: Design a website for your store.
5. Step 5: List your products and market.

Why choose dropshipping?

• You do not require to stock products in a physical spot, meaning that your cash flow won’t get tied up in inventory. There’s less of an upfront cash risk.
• Whenever a purchase is made, you locate an order with a third party and they manage the rest of the process for you. Since you do not have to deal with things like following inventory or mailing packages, dropshipping eliminates a lot of potential headaches for budding entrepreneurs.
• No warehouse means you can run your business from anywhere. Whether it is your living room or the café down the street, you determine where you want to work from.