{"id":7177,"date":"2021-02-25T09:37:34","date_gmt":"2021-02-25T09:37:34","guid":{"rendered":"https:\/\/www.contrado.co.uk\/blog\/?p=7177"},"modified":"2021-12-02T10:47:21","modified_gmt":"2021-12-02T10:47:21","slug":"advantages-dropshipping","status":"publish","type":"post","link":"https:\/\/www.contrado.co.uk\/blog\/advantages-dropshipping\/","title":{"rendered":"5 Advantages of Dropshipping: A Business Model On The Forerun In This Pandemic"},"content":{"rendered":"\n

You may have heard \u2018business gurus\u2019 across the internet praise dropshipping as an opportunity of a lifetime. The advantage of dropshipping is that it\u2019s an easy system where anyone can run their own successful business, and join the 2500 millionaires that are made each day worldwide. Has this got you wondering how you can get in on the action?<\/p>\n\n\n\n

So what actually is this type of business model and what are the advantages of dropshipping over more traditional ones?<\/p>\n\n\n\n

Basically, it\u2019s a retail fulfilment model where a website or store owner doesn\u2019t keep stock of the product he sells. The products purchased from a 3rd party are directly shipped to his customer. The seller doesn\u2019t need to handle any fulfilment like making the product, packing, delivering it or handle returns.<\/p>\n\n\n\n

If your looking for a more full lowdown on what drop-shipping is and how it works, check out this blog post on What is Drop-Shipping and How Does it Work?<\/p>\n\n\n\n

Here are a few of the many advantages of dropshipping over traditional business models that allow you to get that success you have always been after:<\/p>\n\n\n\n

1. Little Or No Startup Costs With Dropshipping<\/h2>\n\n\n\n
\"Contrado<\/figure><\/div>\n\n\n\n

One of the main advantages of dropshipping is that you need almost no upfront capital. Yes, you can relax now as you don\u2019t have to risk your life savings or college fund. This is because, as you are fulfilling orders directly from a supplier like Contrado<\/a>, you don\u2019t need to have any stock at all. You don\u2019t have to buy stock you might not even sell, and you don\u2019t have to pay to keep it in a warehouse. This is all taken care of by your chosen supplier, almost eliminating all the risk.<\/p>\n\n\n\n

2. Low Order Fulfilment Costs<\/h2>\n\n\n\n

If you were selling your own t-shirts using the traditional business model, you would have to:<\/p>\n\n\n\n