{"id":558,"date":"2021-05-08T11:18:51","date_gmt":"2021-05-08T11:18:51","guid":{"rendered":"https:\/\/mydukaan.io\/blog\/?p=558"},"modified":"2022-11-08T11:08:19","modified_gmt":"2022-11-08T11:08:19","slug":"how-to-start-a-dropshipping-business","status":"publish","type":"post","link":"https:\/\/mydukaan.io\/blog\/how-to-start-a-dropshipping-business\/","title":{"rendered":"How to Start a Dropshipping Business from Scratch in 2022"},"content":{"rendered":"

Have you ever wanted to start your own business but didn’t know where to start? If so, a dropshipping business may be a great – and convenient – option for you. Read on to know how to start a dropshipping business<\/strong>.<\/p>\n

Anyone who\u2019s looking to start a dropshipping<\/a> business is more likely after generating money in a more convenient and \u201cpassive\u201d way.<\/p>\n

Yes, doing business is hard. But dropshipping makes starting a business a whole lot simpler<\/strong>. It requires low startup and maintenance costs<\/strong>, and it\u2019s easier to scale<\/strong>. You\u2019ll see later.<\/p>\n

No wonder about 33%<\/a> of online stores have adopted the dropshipping model.<\/p>\n

\"this
Dropshipping Model<\/figcaption><\/figure>\n

Now, you can spend your money on the best dropshipping books<\/a> to absorb the wisdom from the successful dropshippers who have come before you. Or you can bookmark this free article<\/strong>.<\/p>\n

It\u2019ll give you a blow-by-blow account of how you can start a dropshipping store even if you\u2019re a newbie entrepreneur.<\/p>\n

Let\u2019s get to it!<\/p>\n

Introduction: Why start dropshipping?<\/h2>\n

Google Trends shows the search term \u201chow to start dropshipping business\u201d<\/em> is quite popular<\/strong>.<\/p>\n

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Source<\/a><\/figcaption><\/figure>\n

This means you\u2019re not the only one<\/strong> thinking of starting a dropshipping eCommerce business anytime soon. So why join the bandwagon?<\/p>\n

Well, here are four reasons:<\/p>\n

1. Lower startup and maintenance costs<\/h3>\n

Again, the dropshipping business model is easy to start. A realistic figure for starting a dropshipping business is a mere $288<\/a>, which includes:<\/p>\n

\"cost<\/p>\n

You won\u2019t be dipping too much into your finances to start.<\/p>\n

And because you\u2019re drop shipping, you\u2019re not manufacturing products. You don\u2019t have to pay for packaging, storage, and warehousing. You can just set up a website, let\u2019s say on Magento, get managed Magento hosting<\/a>, and start selling!<\/p>\n

A low capital means you have a higher potential of having a profitable business.<\/p>\n

2. Location-independence<\/h3>\n

Once you create your store on a platform like Dukaan<\/a>, you can start selling immediately. If you have an Internet connection and a laptop, you can fulfill orders.<\/p>\n

Also, the products don\u2019t have to be in the same country as you. As long as you have reliable suppliers<\/strong>, you\u2019re good.<\/p>\n

3. Product flexibility<\/h3>\n

With dropshipping, you can sell whatever you want in your online store. And, you can easily change what you\u2019re selling when the markets crach or the demand change.<\/p>\n

A successful dropshipping business can pivot with the times!<\/p>\n

4. Low time commitment<\/h3>\n

When it\u2019s your first time setting up an eCommerce platform<\/a>, it\u2019s going to take some time.<\/p>\n

But once you\u2019ve got your system down pat, you can relax and watch your profit margins grow steadily.<\/p>\n

At most, you\u2019ll spend time dealing with customers that ran into logistics problems (which you\u2019ll need to settle with your supplier). That\u2019s why you\u2019ll have to vet your suppliers real good.<\/p>\n

Is dropshipping right for your business?<\/h2>\n

Before you start, you have to ask yourself first if dropshipping is indeed right for you.<\/p>\n

So\u2026 how do you know?<\/p>\n

Dropshipping is ideal for:<\/p>\n