In the current post-COVID scenario, many businesses are adopting new features as well as technologies for survival. Some are forced to change their business model. The retail fashion industry is one of them. Brands have started giving importance to online presence. But there’s another trend taking over called dropshipping.
Dropshipping allows you to sell your products without keeping them in stock. Did you know that the global drop shipping market size is expected to reach $557.9 billion by 2025? The rising inclination of customers towards online shopping coupled with internet users’ proliferation has positively impacted the market growth. The most admirable quality of dropshipping is that eCommerce companies are not limited to the country’s internal boundaries. You can even sell and deliver products across borders.
Opening an online store without hassle – no inventory, no packaging, and no shipping is everyone’s dream. Why would you want to miss out on this trend? Macy’s has set a great example of being the early adopters of the dropshipping trend. The retail giant has used this practice for broadening its online assortments and delivering items like fashion apparel and even appliances that take up large amount of space in their warehouses and stores.
Compelling Reasons Why Dropshipping Is the Future
Check out these sustainable reasons that explain why dropshipping is the future:
1: An Opportunity to Spend More on Marketing
A traditional retail fashion store requires a huge storage room to store the inventory. Storage is a huge expense for small retail businesses, and dropshipping solves that problem effectively.
Rather than worrying about keeping the stock and maintaining it, you can focus on your boutique or fashion retail store’s marketing. Another cool thing is that you never run out of stock!
2: ShopCoutureCo. Handles the Shipping
Dropshipping is so much easier. Not having to keep an inventory is one advantage. Another one of its many benefits is that the product is shipped to the customer on your behalf. This means the ShopCoutureCo. handles the shipping. You don’t have to pack the items in the box and ship the package. What a way to save money, right!
3: The Flexibility
If you have ever wished to start a business alongside your 9 am to 5 pm job always stopped because of hassle, dropshipping is the answer.
It gives fashion retailers the flexibility to start their business alongside their jobs. Plus, you can turn a dropshipping business from anywhere as long as you have internet.
Don’t forget it’s important to communicate with your suppliers and customers to run and manage the business successfully. You won’t have to rent extra space to start the business. You will be able to balance it around current commitments without the fuss.
4: More Products
Customers like a fashion retail brand that has all the exclusive fashion wear in store. It’s hard to keep a large variety in a physical store. Overall, it’s a costly affair. The good news it’s so much easier to manage things in dropshipping.
Since you are not stockpiling products, you have a lot more choices. Space and upfront costs are no longer the issues. So sell clothes, accessories, shoes, and any other fashion wear you like to make your retail brand stand out.
5: Scaling is Easier
Let’s say you want to take things slow and start with a few products only. As months go by and you receive great response from customers, it makes sense to expand. A dropshipping business is easier to grow.
So can grow your business without hiring extra staff or incurring extra cost. Scaling is quicker, easier, and less expensive than a traditional eCommerce store.
6: Increased Use of Mobile Devices
Smartphone users are increasing. Even our grandparents, who said they would never use social media, are now on Facebook.
Since technology is progressing and mobile devices have become mainstream. The older generations are following the suit of millennials. In other words, your target audience is mobile dependence. This is a sign for online entrepreneurs to create a digital presence.
Starting a dropshipping fashion business lets you be where your customers are – on their mobile devices.
7: Shorter Delivery Time
Remember when it used to take 2 months when you ordered something from AliExpress? We all used to wait because the prices of the products were low.
In today’s competitive times, a customer doesn’t want to wait. Thanks to the dropshipping business, you can deliver them their favorite fashion items in a short time. Hands down, your customers will prefer buying from your store because you care about offering speedy delivery!
How to Find a Supplier for Starting a Fashion Business?
If you are reading this section, you must be convinced to start a dropshipping business. But how to find a good supplier?
Check what fashion brands are available at ShopCoutureCo. You will find many Brazilian suppliers are available, including Agali accessories, Iodice, Lanca Perfume, Morena Rosa, etc. Wouldn’t it be great to find all fashion wear under one roof to be able to start your business from the comfort of your home? It’s recommended to do thorough research on a supplier before deciding to work with them. Checking out reviews and ratings will help.
Make a list of 5 to 6 potential suppliers you would to work with and start contacting them. After doing all the legwork, you would be left with 2 to 3 good options. See if they let you place a sample order. It’s absolutely important to test the quality of the suppliers’ products before working with them.
Dropshipping, the fashion retail trend, is not a fad. It lets you avoid taking great risks yet pursue your dream.
You don’t need huge investments either. The dropshipping business is not a fad. It’s here for a long ride, and 2021 is the best time to start your fashion website.
Of course, the competition is high, but if you can bring exclusive fashion products and put customer care at the center of everything, you will drive sales successfully.
In order to be successful, sell the fashion times that customers want, not need.