Updated: 01/06/2023
For many of us, the word Dropshipping itself described well about its business scenario. Well, we can say it is a 21st-century business idea because of its feasibility and online borderless trading without any hassle.
The drop-shipping industry is valued at $200 Billion by the year 2023 and is estimated to reach $550 Billion by 2025 with a growth rate of 29% every year, as you can see in the below-mentioned report.
The Drop-shipping business model is responding well in India if you can go with a drop-shipping business plan or we can say the Asia Pacific and in western countries too like the USA, Canada, and so on.
Amazon and eBay’s global selling business model allow drop-shipping business models on their platform which contributes a huge amount of revenue to both the eCommerce platforms.
There are a number of successful Dropshipping stories are there that find the gap for their products and with just a little money.
There are a number of eCommerce consultants or companies too like us who can help you to set up your drop-shipping business successfully along with the Payment Gateway for your drop-shipping store.
We can help you to find the best Drop-shipping supplier or wholesalers for a number of best drop-shipping niches or demanded products in the market along with the best drop-shipping research tools.
Costs of Drop-shipping?
Basically, there are two scenarios that will decide the cost of your dropshipping business which we have mentioned below:
Scenario 1: It totally depends upon your business scenario like if you want to sell through eCommerce marketplaces in USA then you probably need to purchase an inventory or stock of your products to send it to the warehouse of these eCommerce platforms and the rest they will manage.
Scenario 2: If you want to sell through your own E-commerce store then you don’t need to purchase any inventory and just need to invest in your website which will cost you around $200-$500 but if you get it done by USA Business then we will get it done in just $100.
Note: Other than this US phone number | Advertisement costs you more.
Do I need any registrations in USA to start Drop-shipping store from India to sell products online?
Not specifically, all you need is an Indian bank account and just to enroll yourself in GST registration. In case if someone asks you for an international bank account then Payoneer would be the best option for you.
How do I register Drop-shipping business in India?
You just need a GST registration to set up your drop-shipping business and the GST is applicable on the income that you gain through the business.
How do I generate leads for my Drop-shipping business?
There are a number of social media channels available today which will help you to target the right audience for your products like Google Adwords, Instagram, Facebook and many more.
Does 2checkout support drop shipping?
2checkout for Drop-shipping Business
Useful resource