Buying and selling online is one of the biggest businesses in the world now. The trend is also very high in India and people love to buy online as they have a lot of options, discounts, and home delivery facilities.
You don’t need to put your foot out of the home, just install an app of any online store, search for your favorite product, check that from different sellers and place your order to the seller who is providing the best price.
Once done, just wait and get the product delivered to your doorstep. Most of the online stores are offering a cash-on-delivery facility as well which means, you do not need to pay for the product while placing the order. You have to pay when the product reaches your doorstep.
Because of this facility, online business is the first choice for those who wanted to make money online. Even the students are interested in making their online eCommerce store and they start dropshipping businesses without any investment.
But those who wanted to start an online store full time, wanted to know if dropshipping is good for them or they should start selling their own products?
What is Dropshipping?
Dropshipping is a business in which you sell the products through your online eCommerce store but you don’t need to maintain the stock, you don’t need to worry about the delivery or the packing of the product. You even don’t need to buy the products which you have listed at your eCommerce store.
It is actually a system in which you list the products at your store through the big stores like AliExpress or Amazon and when you get an order, you place that order at the other store i.e AliExpress or Amazon. They will pack the product and deliver it to the doorstep of your customer.
So, this business doesn’t need you to buy any products and no investment is required at all. This is the reason many people are taking it as a career.
Here you can check more details about what is dropshipping and how does it work?
Dropshipping or Sell Own Products?
Now, as you know what is dropshipping, we come to the main question which is better? Dropshipping or selling your own products?
Well, if you don’t have a budget to buy your own products, then obviously dropshipping is the only option so just go for it without even a second thought. But, if you have a small budget and can afford to buy a few products then you might think about it.
You must know that the margin of profit is minimum in the dropshipping. When you get an order, you keep your commission and order to the dropship supplier. This limits your profit. Through this you are also not able to send your own flyers, visiting cards or other promotional content in the parcel to your customer.
Moreover, the customer when receives the parcel, he/will know that the product was delivered from another supplier and there are chances that your customer will next time look for the supplier who delivered the product instead of your store.
Especially when Amazon is available in India, having your own eCommerce store is even more profitable in every aspect. You can make more profit, you can provide better support, you can control the return policy as well.
It becomes an even easy and viable option when you have your own eCommerce Solution India. No need to rely on other eCommerce solution providers like Shopify and WooCommerce because, we Indians, now have our own eCommerce solution.
According to an article that was published in The Daily News Times, the eCommerce business is growing in India since 2019 after the Covid pandemic.
Just buy your domain and start creating your online eCommerce store, list your products, promote your store, start selling and make good money out of it.
