Starting Dropshipping Business

Jan 1, 2020
by Onelink Admin

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How to start a successful DROPSHIPPING BUSINESS

As you are reading this guide, you will quickly agree with me that things are really changing rapidly in the world, and that ordinary jobs do not give you that much security and profit any more. But, at the same time, hundreds of people all over the world are becoming millionaires every day by engaging in private ventures.

So, for you, finding alternative ways of making money is a necessity, especially when one considers the state of the economy today.

In a survey conducted by McKinsey, people who work independently in one way or another are more satisfied with their life regardless of their level of income, education, age and country of residence. This is why the same dynamics of starting self-owned business can be seen across the continents - Africa and Asia, along with Australia, Europe and America increasingly follow the universally growing trend.

It is very obvious why almost everybody wants to join this community of self-employed independent entrepreneurs!

In all these, if you never tried doing your own business before, most likely, you are still in doubts now and thinking how this can be possible.

But, we have answers for you.


STARTING ONLINE BUSINESS Offers Great Possibilities!

Key elements to consider when you think of alternative ways to make money should be:

1. QUICK TO START

If you’re still working full-time and just want to experiment with a new business, you obviously can’t spend much time and energy on learning.

2. LOW START-UP COST

Different types of businesses require different amount of financial investments at the beginning. For example, if you want to open a store to resell someone else’s products, you must consider the cost of renting a store or warehouse, putting it in shape and buying items upfront in bulk.

3. EASY TO RUN

The main reason why we give up on our regular jobs is our desire to have more free time. Why waste hours on dull reports or risk your life in a dangerous production venture if you can enjoy relaxing time with your loved ones?

Online business has all the above possibilities!

This is what it offers:

  1. YOU CAN START IT WITHOUT ANY EXPERIENCE AT ALL: You know nothing about online business? Not a big deal. There are tons of explanatory articles, educational videos, thematic forum threads and other resources to guide you through. You don’t have to be a software specialist or a digital marketing guru: a basic set of skills will be more than enough for this.
  2. YOU CAN LAUNCH IT WITH MINIMAL COSTS: There are types of online businesses that require little to no investments at the first steps of your new journey. For example, there are reselling models like dropshipping – to open a dropshipping store, you don’t need to risk your money to rent a shop and buy products beforehand. You can start with a free Webstore, and use free methods of marketing and promotion until you got your first profits.
  3. YOU CAN MANAGE IT FROM ANYWHERE AND ANYTIME IN THE WORLD: Basically, if you run any type of online business, you are not limited with geographic boundaries. You can work wherever and whenever it is convenient for you as long as this place has stable Internet connection. A first-class co-working space, a sunny beach, your own tiny room, kitchen or veranda – feel free to choose any destination you like because it won't matter at all.
Basically,

most online businesses are

semi-automated business solutions and can run

itself.

Curious to know more? Let’s discover it together!

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Three Common online business models:

1. Affiliate Programs

2. Blogging

3. Dropshipping

These business models share the same benefits:

EASY START

You don’t spend much on launching such a business, and it’s not obligatory for you to get officially registered.

NO PRODUCT CONCERNS

You can run these businesses without manufacturing anything. Plus, you don’t buy items from suppliers in advance; therefore there are no risks of going bankrupt.

You don’t have to rent or buy a warehouse, and you don’t hire additional staff to work on it. Also, you don’t deal with shipments and deliveries, which saves your time and nerves.

FLEXIBLE WORKING HOURS

You don’t depend on a fixed time and place, so you might as well go on vacation and still earn money while relaxing on seashore.

But, if we look at these models more closely, we will see that affiliate programs and blogging have a number of disadvantages that negatively influence your profits and in general, make it inconvenient for you to run the business.

These disadvantages are:

Multiple limitations

Any affiliate program, as well as blogging which basically bring income through Google AdSense, has its terms and conditions policy which usually sets limits on the intensity of your business activities – and this, in turn, reduces your profit.

Delayed access to money

Most typically, you will have to wait for 30-60 days until the earned money gets counted and transferred to your virtual account .

What’s the solution?

Dropshipping!

Let us learn and understand how dropshipping is different from these other business models and what benefits it can offer you!

What is Dropshipping?

Dropshipping is an e-commerce method where a supplier does not keep the products it sells in stock. Instead, when a supplier sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the buyer. As a result, the supplier does not have to handle the product directly.

How%20dropshipping%20Work.jpg?1579371607START NOW


What are the benefits of this type of online business?

1. DROPSHIPPING IS THE IDEAL TYPE OF BUSINESS FOR NEWCOMERS

It is really simple to set up, even if you have no previous experience in ecommerce and Internet marketing. Dropshipping gives you a great start – you will have no trouble managing this business because inventory issues, stocking and shipping are not your concern!

2. YOU SAVE HUGE SUMS OF MONEY

You don't own these products yourself, so you don't need to rent a warehouse. You also don't need to buy items for your own stock. You only spend your money on a product after a customer has placed an order for it, so you'll never be in the position of having bought stock you can't sell.

3. YOU CAN REACH A REALLY WIDE AUDIENCE

Dropshipping means that your store is based on an online platform, or ideally, on your own webstore. With dropshipping your business gets an international reach – you can connect with any person in any place in the world, no matter how far away they live or what language they speak.

4. YOU CAN CHANGE AND EXPAND YOUR ASSORTMENT AT ANYTIME

You do not pre-order the items you are selling, so you can add anything to your product offer or even change it completely, if you want to.

5. YOU HAVE MORE TIME TO THINK ABOUT GROWING YOUR BUSINESS

All the shipping issues are taken care of for you so you can devote as much time as necessary to promote and market your business.

6. YOU ARE INDEPENDENT AND FREE

Since you do not have a physical store or warehouse, you can easily work from home or from any place you like – you do not depend on a specific location. And, finally, you can achieve the lifestyle you have been dreaming of.

7. EVERY DROPSHIPPER NEED A PLATFORM TO SELL HIS PRODUCT

It is on your platform that your potential buyers can view your products and place their orders. You have a responsibility to choose a right platform which will help you start and run your business in an efficient and cost effective way.

Different Kinds of Platforms:

1. Social Media Accounts

These are often used by those making their first outing in e-commerce. Entrepreneurs use their accounts on sites like Facebook or Instagram and post their offers along with products information. Whilst this is easy to set up, it is inconvenient for buyers because social network sites are not designed for online trade, placing order, making payment, etc.

2. Blogs and Forums

Blogs and forums connects like-minded people with similar interests, however they are not developed well enough for creating a fully featured web-store. In addition, the level of customer trust on blog-based stores is usually low.

3. Online Classified Ads Portals

These portals are developed to bring together private buyers and sellers, but you still cannot create a full-scale store on such a platform. It is also impossible to reach and target a specific customer audience and you cannot receive payment from customers upfront on the platform. Shipping and delivery of goods to customers who are interested in your product is an issue you must personally figure out, which is usually difficult in Nigerian context as most customers will not want to pay you upfront until goods are delivered to them.

4. Established Marketplaces

There are platforms in Africa that allows users to create their own webstores within the website. These stores are easy to set up but do not guarantee your independence as customers cannot have direct connection with you on the platform: yet you still pay outrageous fees and chargers. Besides, these sites are not designed for dropshipping as you will still have to spend your money to buy products upfront and supply to your customers before you can get paid by the marketplace owner.

5. Your Personal Dropshipping Webstore

Dropshippers with large capital goes for this option because it allows them to build their webstore any how they want it. A beginner choosing this option must be ready to spend huge amount of money on setting up the site and marketing because of its independence. Some of such platforms are:

a) Wordpress - $540/year

b) Alidropship - $300

c) Shopify - $30/month

6. Multi-Vendor Marketplace

Even for beginners, this is the most affordable and convenient option. Starting your dropshipping venture on a multi-vendor marketplace gives you wide range of significant benefits – it is easy to see why it is preferred by a growing number of entrepreneurs.

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That is why Duoiba.com is the Perfect Solution for You!

Duoiba.com is a multi-vendor e-commerce platform where suppliers across the globe get webstores and sell their products in Africa.
In other words, Duoiba makes it easier and cheaper for suppliers to find and connect with buyers and do business globally.

The good news is that Duoiba offers all the e-commerce features you need to start, run and grow your dropshipping business, from payment to shipping, management to customer service. No technical skill needed, no hassle, and there is a life-time free webstore for you.

How%20Duoiba.com%20dropshipping%20Works.

Benefits of starting your Dropshipping Business on Duoiba.com

1. You can get a Webstore for free

At Duoiba there's nothing like One-size-fits-all. Whether you are a beginner with no capital to rent a store and buy goods, or you already have a physical store, or selling from the trunk of your car or veranda, hawking from office-to-office, selling online, or on social media, you can conveniently choose any of our SUBSCRIPTION PLANS that suit your budget, including a permanently free TESTER PLAN. In all our Subscription Plans, you have the tools and enablement to start, run and grow a successful dropshipping business.

2. No web design or coding skills needed

With ready-made theme and customizable layout, you have complete control over the look and feel of your Webstore. You can easily add products, create new pages, forms and blog within your Webstore.

3. It's convenient and efficient

Starting and operating a successful e-commerce business usually takes a lot of work and resources, but not so on OnelinkMart. We handle everything for you - from marketing and payments, to secure checkout and shipping, to safe transaction and dispute resolution.

4. Ease and Mobility

With all the physical fulfillment issues handled, you are free to operate your business anywhere you can get an internet connection.

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How To Start A Dropshipping Business In Africa

Starting a Dropshipping business could be one of the best decisions you’ve ever made in your life. This business model is becoming more popular across the world due to the rate at which people are embracing e-commerce solutions, which is slowly replacing the typical retail model.

Dropshipping does not violate any law in all the countries of Africa I know, and it does not attract any legal taxes.

There are no legal stipulations that compel you to register your business with authorities. So, rest assured – as you begin on your dropshipping venture, you’d have no legal barriers. You may, however, decide to register your business as it grows – but that’s solely yours to decide.

So, if you run droppshipping from any African country, no worries about legal papers and taxes. Now, that’s a huge plus.

Here are five easy steps to get your dropshipping business started and running on Duoiba.com:

Step1: Find a Niche

A niche is a market segment. To illustrate, TVs are a primary niche in the home appliance market. We could even split further and say LED TVs and LCD screens are sub-niches in the TV niche. Take note – you may get better results selling niche-specific products.

Let's describe the process of choosing the right niche for your dropshipping webstore.

Initial research:

First of all, browse popular stores to look at their offerings, bestselling lists and promoted products. To begin with, we recommend checking the following sources:

AliExpressMost Popular ProductsAmazonBest SellersChinabrandsPromotionsGlobal SourcesDHgate

Competition:

Of course, it is almost impossible to find a popular niche with a good trend but without competition. Before launching your dropshipping store, it is strongly recommended that you search for webstores selling similar products on the Internet. If you find several popular sites offering the same products (especially with good prices), you should probably think about finding another niche and products, which are generally harder to find. Obviously, there is no point in creating another generic "Shoes", "Furniture", or "Computers" store. It's better to take a narrow niche and try to be creative.

Prices:

Generally, AliExpress and Chinabrands.com offers very competitive (often unbeatable) prices for many products, however we would always recommend conducting some basic research about the prices of products you are going to sell on your site.

Step 2: Set up your Webstore on Duoiba.com

You can start for free on Duoiba.com and upgrade at will to other cost effective plan.

SEE OUR PLANS HERE

Step 3: Fill Your Store with Products

There are hundreds of thousands of products you can immediately lift from Aliexpress and Chinabrands.com and fill on your webstore. We highly recommend offering your customers a free shipping option on all items by taking advantage of the free/low cost delivery offered on many AliExpress and Chinabrands products.

Step 4: Market Your Products

One key benefits of running your business on Duoiba.com is that, you enjoy free traffic to your store through the company’s marketing engagements. However, you need to put additional efforts to get higher results.

There are several highly effective channels

of online promotion you should consider, namely;

(1) SMM (Social Media Marketing)

Social media marketing (SMM) is the process of gaining traffic from social media sites, lifting sales, raising brand awareness, gaining reputation and communicating with customers on social networks (Facebook, Twitter, Google+, YouTube, LinkedIn, Instagram, Pinterest, etc), as well as in blogs and forums.

(2) Facebook Advertising

According to Internet World Stats, Facebook has over 2 billion subscribers worldwide as at 2019. No doubt, this is one of the best places to target potential customers. You can easily get customers by simply setting up a Facebook fan page with your store name and set up a Facebook business account to run Facebook Ads.

(3) Google Ads

Google is unarguably the world’s leading search engine. The best thing that can happen to your online store is to have it on Google’s first page search result. While this may come organically, you may also buy ads to increase your chances.

(4) Email Marketing

This is one of the free, but very effective method to get new customers – and sustain old ones. Find a way to acquire emails addresses – build an email data base. The more valid email addresses you have, the wider your product reach.

Step 5: Start Earning Money

Take your business seriously and always keep your webstore updated. Whenever a customer makes inquiry on your store or places an order, be diligent to respond promptly. By so doing, you are on your way to earning unlimited income through your dropshipping business.

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Basic Requirement To Start Your Dropshipping Business:

1) Products & Suppliers (thousands available at Aliexpress.com & Chinabrands.com)

2) Webstore (choose a PLAN at https://onelinkmart.com/dropship)) Smart phone & Laptop

4) Internet data plan

5) Sample products (optional)

6) Marketing – start with free channels - Facebook, Instagram, Twitter, Blogs & Forums, e-mail and Whatsapp. Also use word-of-mouth to direct people to your webstore. Remember, the more traffic you get to your store, the more chances of making sales.

7) Time on internet – 2 to 5 hours a day, depending on what you currently do with your time and the level of success you want to achieve. The beautiful part of it is that you can work from anywhere there is internet connection and at your chosen time.

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