It is can be seen that business of e-commerce is growing so fast. It is a chance for you if you want to be an entrepreneur. In order to start it, you are able to run international dropship business. In this international dropship business, you do not have to stock the products or getting involved in sending process. You just need to sell the products.
This kind of business is preferred by the newbies in online business. The advantages of international dropship business besides not getting complicated with stock and delivery are:
It has small risks.
It needs a minimum fund.
The time to run this business is flexible.
You are able to run international dropship business anywhere, as long as you have internet connection in order to check the orders from the customers
Finding Product Suppliers for International Dropship Business
In dropship business, both local dropship business or international dropship business, you surely need to have suppliers for the products you are going to sell. For international dropship business, you are able to find suppliers in China. Why China?
Nowadays, the domination of China in the global market is getting stronger. The strength of industry and efficiency of China makes it possible to produce products with really cheap price. This can be your chance. You are able to get big profit margin by selling products from China. Moreover, China also has remarkable power of distribution networks and logistics. Another benefit is China can give free shipping products to all over the world. But do not forget that you need to be careful in choosing products from suppliers.
Target Market of International Dropship Business
You are suggested to target American and European markets. It is because people in United States of America and Europe have high purchasing power. So that you are able to have multiple profits. Moreover, they are used to online shopping with which is usually used in e-commerce website, it is ‘add to cart’. This system is simpler and easier.
People abroad mostly use credit cards or paypal in order to make the payment. So that you need to have credit cards or paypal if you want to run this international dropship business. And because people abroad used to online shopping with e-commerce website, it will better if you make your own e-commerce website to promote your products, especially if your suppliers do not have one.