Ever heard of dropshipping? If you have, it is probably linked to words like Amazon, E-Commerce, no startup cost, no inventory etc. Although this is not wrong, we would like to give you a more comprehensive look into dropshipping and why you should choose MyDepot to begin your dropshipping business.
Table of Contents
Why you should choose Dropshipping
Dropshipping is an e-commerce business model where the merchant (you) sends a customer’s order directly to manufacturers or wholesale suppliers who meet their needs, then, these manufacturers or wholesale suppliers send the product directly to the customer. The merchant does not have to touch or see the products directly and pays the manufacturer or wholesale supplier when he gets payment from the customer.
The benefits of drop shipping include:
Easy to get started
It is quite easy to start up a dropshipping business. All you need to do is find a supplier, create a website or visit MyDepot.com to create an e-commerce store, and start selling.
Little to no capital is required
In comparison to a retail business or an online store, starting a dropshipping business requires little to no capital. There’s usually no need for a physical inventory or storage space, therefore no capital is spent on inventory, storage or shipping.
Wide range of products to offer
The dropshipping business model allows merchants to have a wide range of products to choose from. There are teck suppliers for almost anything. All the merchant has to do is partner with these manufacturers or wholesale suppliers to deliver these products.
Minimal Risk
There are evident risks in doing business. Acquiring a warehouse or a physical inventory is expensive. Then, having to protect these properties from hazards also has to be considered. Since there is no physical inventory or property with the computer business model, these risks are reduced.
Work from Anywhere
Dropshipping allows you to work from anywhere in the world, all you need is an internet connection and a mobile device or laptop.
Why you should choose to dropship with MyDepot
High-Quality Products
MyDepot has its niche products in home and furniture and has built solid partnerships with top-rated suppliers and manufacturers that can provide these products. We integrate with world-leading platforms such as Amazon, Shopify and Wayfair. This enables us to provide you with high quality and in-demand products that can be fulfilled directly to your customers.
Better Profit
MyDepot helps you tackle the issue of low profit. Our products are at a very competitive price which enables you to create a margin and profit for your business.
Access to a Warehouse
At MyDepot, we are invested in going the extra mile. Where other dropshipping companies fall short, MyDepot measures up for it. MyDepot not only integrates directly with your store but is also responsible for merchant’s storage and shipping. MyDepot implements this system with the use of a warehouse infrastructure. This helps merchants to avoid long-time delays of products.
With an innovative platform with great products and integrations, MyDepot offers dropshipping services to businesses all over the world.
