How can I have faster shipping with AliExpress drop shipping?
Look for items which support e-packet shipping as these can be delivered much faster. You will always have to pay extra if you want faster shipping but it can be well worth it for your customers and business.
Drop shipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product.
Benefits of Dropshipping
Easy to Get Started – Running an eCommerce business is much easier when you don't have to deal with physical products. With drop shipping, you don't have to worry about:
- Managing or paying for a warehouse
- Packing and shipping your orders
- Tracking inventory for accounting reasons
- Handling returns and inbound shipments
- Continually ordering products and managing stock level
Low Overhead – Because you don't have to deal with purchasing inventory or managing a warehouse, your overhead expenses are quite low. In fact, many successful drop shipping businesses are run from a home office with a laptop for less than $100 per month due to the right platform and good hosting. As you grow, these expenses will likely increase but will still be low compared to those of traditional brick-and-mortar businesses.
Flexible Location – A drop shipping business can be run from just about anywhere with an internet connection. As long as you can communicate with suppliers and customers easily, you can run and manage your business.
Wide Selection of Products – Because you don't have to pre-purchase the items you sell, you can offer an array of products to your potential customers. If suppliers stock an item, you can list if for sale on your website at no additional cost.
Easy to Scale – With a traditional business, if you receive three times as much business you'll usually need to do three times as much work. By leveraging drop shipping suppliers, most of the work to process additional orders will be borne by the suppliers, allowing you to expand with fewer growing pains and less incremental work. Sales growth will always bring additional work – especially related to customer service – but business that utilize drop shipping scale particularly well relative to traditional eCommerce businesses.
How Does the Drop shipping Business Model Work?
There are three key players in the drop shipping business model: the manufacturer, the retailer (you) and the customer.
The manufacturer’s role in a drop shipping business model includes creating products, carrying inventory, shipping products to customers on behalf of the retailer, replacing defective products, and restocking products. They sell products to the retailer at wholesale prices assuming the risk of unsold inventory.
In the drop shipping business model, the retailer, you, sell the manufacturer’s products on your website under your own brand. You’ll be responsible for choosing and marketing those products. Plus, you’ll also be responsible for managing customer inquiries and complaints.
Lastly, in the drop shipping business model, the customer buys the products directly from you the retailer. If questions or issues arise, they contact the retailer they bought the product from.
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