Online businesses are booming and it is quite obvious that everyone would want a piece of it. If you are interested in starting your entrepreneurial journey by launching an e-commerce clothing store, be prepared that it is not without headaches. There are three ways by which you can sell products online:
- Affiliate marketing
- Acquiring products in bulk and selling them
Products are undoubtedly the most important part of any business. Apart from the three methods, dropshipping seems to be high on popular demand and it is also being considered by many as a cure for the headaches that comes with selling online. Let us give you a picture of how dropshipping is better than both affiliate marketing and wholesale.
- Dropshipping and Affiliate Marketing:
Affiliate marketing requires you to be a part of a program wherein you will be required to send customers off of your website to a third-party site and thereby earn commission. Whereas, clothes dropship UK allows you to sell the products you want to and make a whole lot more profit. There is a third-party involved but your customers will never come to know about it!
- Dropshipping and Wholesale:
With dropshipping, the dropshipping company packages and ships the products directly to the customers. Whereas, in the wholesale method, you have to purchase the products with your own money, stock it up in a warehouse and then package and ship it out to customers. You also have to keep checking and maintaining the inventory to make sure that you are fully stocked up to meet the demands.
It is easy to understand that in affiliate marketing the profit margin is drastically low and in the wholesale method, the expenses are a lot more and it would actually be a long, long time before you start making profits. The advantage of dropshipping is:
- No need to maintain physical inventory
- Less capital investment
- Low risk
- No packaging and shipping hassles
- Product offerings can be expanded and changed easily
Everything said and done, dropshipping is a great business model and extremely profitable for online sellers but it all depends on finding the right clothing dropshipper that maintains quality control and is able to offer consistent services. In addition, the online store owner will also have to work upon the marketing strategies and outstanding customer service without which customers are not going to be fully satisfied.