Drop-Shipping Model
Research on "Drop shipping Model" of business and prepare a PPT slide
to explain the business model, list out its advantages to small
businesses, give some examples, identify how to setup such business
and compile the success stories. Based on this model, identify the
business products that you would like to dropship to your customers.
• “Drop shipping is a shipping technique in which a customer puts an
order with a multi-vendor online retailer, but the item is sent directly
to the customer by the product's maker or brand” (2022). The drop
shipping shop does not have real things in its store; instead, it sends
order information from its website to the brand, which ships it to the
client.
Drop shipping Method
Advantages of Drop shipping
• Drop shipping is helpful for vendor to deliver their products to the
needy costumer where ever.
• It helps small business to expand their shop in new places, to fulfill
the chaos of costumer.
• It is a time saving and convenient.
• Many aspects of a retail business benefit from drop shipping. A brand
may operate from any location, offer a variety of products, and simply
adjust its offers as market tastes shift.
Dropshipping challenges
Although dropshipping is a common retail technique, it comes with its
own set of obstacles.
• Reliance on third-party suppliers
• High level of competition
• Tight profit margins
• Difficult customer support…
How to begin with dropshipping
“You must design a plan to distinguish yourself apart from the competition
before starting a dropshipping business” (Oberlo, 2022).
• Choosing a Dropshipping Business Idea:
• Competitor Analysis:
• Find a Supplier:
• Building a Dropshipping Business Store:
• Marketing Your Dropshipping Business with Everything You’ve Got:
• Optimize:
Story of Wholesale2b
Wholesale2B is a full-service dropshipping platform that allows users to research items, connect
them with their ecommerce platform, and handle both the purchasing and shipping procedures.
Wholesale2B, based in the United States, is trying to automate the dropshipping process so that
interactions with suppliers and other logistics providers is minimal. Onlinestorebiz.com LLC, which
was started 17 years ago as a software development firm with an emphasis on drop shipping
software, owns Wholesale2b. (Wholesale2b - Dropshipping tools to help you automate your online business, 2022)
Story of Wholesale2b
• Founded in 2004 by an entrepreneur Aniruddha Pathak.
• Integrated with over 100+ Dropshipping companies
• 1 million dropship products at your disposal
• Automated solutions to synch inventory, orders, and tracking
• Order fulfillment services included with all our plans
Wholesale2b's objective is to assist internet entrepreneurs in rapidly
and efficiently starting a Dropshipping business. Our objective is to help
you raise the revenue of your online Dropship business with little work
and no technological skills.
Product I prefer for “Dropshipping”
There are many product available I the market that can be easily deliver
to costumer doors, but the product I prefer for dropshipping are for the
“Niche Group”. Because these group have large market segment, these
are the people who demands their necessity in hands rather than
roaming around the market. Also these people order for branded
products, where I can have huge margin of commission.
Products like:
Shoes, Clothes, Watch, Gadget, etc.…
Conclusion:
Dropshipping is a business strategy that allows entrepreneurs
to launch an online business and sell things to customers
without ever having to physically stock the items. When a
dropshipping shop offers a product, it buys it from a third
party and has it supplied to the client directly.
Reference:
• 2022. [online] Available at:
<https://business.adobe.com/blog/basics/dropshipping> [Accessed 18
May 2022].
• Oberlo.com. 2022. How to Start a Dropshipping Business in 2022 - Oberlo.
[online] Available at: <https://www.oberlo.com/blog/how-to-start-a-
dropshipping-business> [Accessed 18 May 2022].
• Wholesale2b.com. 2022. Wholesale2b - Dropshipping tools to help you
automate your online business. [online] Available at:
<https://www.wholesale2b.com/wholesale2b-about-us.html>
[Accessed 18 May 2022].
Any Questions?
Thankyou!
