New to digital business or trying your hands online with your small or medium business, “Drop shipping” is the thing for you!
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What is Drop shipping?
Drop shipping is a retail fulfilment process in which a store doesn’t have to keep the products in stock. Instead, the seller acquires inventory as needed from a third party wholesaler or manufacturer to fulfil orders.
Benefits of Drop shipping
Drop shipping is a great business model for aspiring entrepreneurs to start with because it’s low cost and accessible. Here are a few other reasons why drop shipping is a successful and popular model.
Less Investment: With the drop shipping model, you don’t have to purchase a product unless you’ve already made the sale and have been paid by the customer.
Easy Kickstart: Running an e-commerce business is much convenient when you don’t have to deal with physical products. Drop shipping allows you to be worry-free about:
Managing a warehouse
Packing and shipping
Tracking inventory
Handling returns
Managing stock
3. Business from Anywhere, Anytime: A drop shipping business can be run from anywhere with an internet connection. As long as you can communicate with suppliers and customers with ease, you can run and manage your business.
4. Easier Testing – The ability to list and potentially sell products before committing to buying a large amount of inventory.
How Shoopy Can help?
Shoopy lets you run business in autopilot mode. Be it invoicing, inventory, social commerce, or accounting, Shoopy takes care of all your business needs!
Easy Invoicing: Shoopy handles the requirement of creating invoices & estimates easily. The guided flow and easy language makes invoices & estimates an easy task for basic mobile users. These invoices and estimates can be shared with vendors/consumers/retailers via web/WhatsApp and payment can be made via the magic link.
Inventory Management: Shoopy supports inventory management by offering flexibility, accountability, and traceability. Be it one barcode based inventory, or no barcode at all, Shoopy has you covered. Get reports in the form of notifications for quick access.
Manage Accounts: Account management is made easy with Shoopy with the simple to use mobile app. The mobile app gives you instant accessibility of all the accounts and their due dates, sending reminder messages on the due date. For more details, click here. (backlink second blog)
Manage Product and Catalog: This is where drop shipping comes into place. Create your online catalogue by just clicking pictures from your phone and your products are ready to be sold. Provide brand name, MRP, selling price, taxes, and much more.
Social Selling: Grow your business multifold by contacting the right target at the right medium. Share products and offers on social media platforms like WhatsApp or Facebook to grow the business. Mobile Website: Shoopy’s mobile-first approach ensures that you are able to reach out to the customers. If your customers are not available on social media, you can share your mobile web store address with them for ease of shopping.
Learn how to grow your brand online. Download Shoopy Business App Now.