Dropshipping and detailed operation process

What is Dropshipping?

Dropshipping is a retail model where sellers don't need to store goods. Instead, when a customer places an order, the seller passes the order and delivery information to a third-party supplier, who is responsible for shipping the product directly to the customer.

Dropshipping Operation Process:

1. Product selection: Sellers research the market, search for products with the potential to sell well, and select reputable suppliers.
2. Promote products: Sellers create online stores, using marketing channels to promote products to target customers.
3. Receive orders: Customers order products on the seller's store.
4. Transfer orders to suppliers: Merchants pass order information and pay to suppliers.
5. Order Processing Supplier: The supplier packs and ships the product to the customer.
6. Order tracking and customer support: Merchants monitor the shipping process, answer questions, and provide customer support when necessary.

Pros of Dropshipping:

• Low investment capital: No need to import goods in advance, no storage and inventory management costs.
• Easy to get started: It is possible to start a business quickly with support tools and services.
• Flexible: Not bound by business location, can sell anywhere.
• Product Variety: It is possible to sell a variety of products without worrying about imports.

Cons of Dropshipping:

• Less control: Difficult to control product quality and delivery time.
• High competition: An effective marketing strategy is needed to stand out from the competition.
• Supplier Dependent: If the supplier has a problem, your business will suffer.

Sources of Dropshipping in Vietnam:

• E-commerce platforms: Shopee, Lazada, Sendo, Tiki.
• Dropshipping Platform: PingGo.

Notes when looking for Dropshipping sources:

• Carefully research supplier information: Check addresses, phone numbers, business licenses, customer reviews,...
• Read the policy carefully: Learn about the return, shipping, and complaint resolution policies,...
• Product Trial: Order product trials to check the quality before selling to customers.

Advice:

Dropshipping is a potential business model, but it also requires perseverance, exploration, and learning. Research the market carefully, choose the right products, build a reputable brand, and provide good customer service to succeed in this field.