What is drop-shipping?
Drop-shipping is an advanced solution that allows you to deliver orders to your customers directly from the vendor location. In simple words, your customers will receive the orders straight from your vendors, you do not have to store items in your warehouse. Usually, organizations purchase goods from the supplier and store them in their warehouses and then process customer orders for shipping.
With a drop-shipping solution , you do not have to stock items in your warehouse. When your customer places an order, your vendor directly delivers the order to the customer's location. It means the products don't need to be stored in your warehouse.
Let's take an example if you are planning to set up an eCommerce site. You're supposedly looking for some alternative solution for shipment methods for the customer orders that you receive. Dropshipping is the best alternative that helps you ship the items to the customers without being entered into your warehouse stock. As soon as you receive an order, your vendor will proceed with product shipment and deliver it directly to your customer.
Why WaoERP Drop-Shipping System?
Being a modern ERP solution, WaoERP has numerous smart solutions, one of them is Drop-Shipping. WaoERP dropshipping software helps you in so many ways such as:
Minimizing costs, saving time & effort, reducing risks related to stock overflow, and more.
We help you to run your eCommerce store in a smooth manner by integrating the WaoERP drop-ship solution with various popular eCommerce platforms. The Shopify dropship connector enables the system to fetch all the orders and then vendors will proceed with the delivery process. The automation of the dropshipping process allows you and your vendors to make the order fulfillment process more efficient and faster. Furthermore, it depends on your preference what eCommerce platform you are using. We can integrate our dropship software with Woocommerce, Shopify, and Magento. Moreover, you can opt for the WaoERP eCommerce solution. In this case, our drop-ship solution will already be connected to our eCommerce system.
Let's take a look into the benefits of a drop-shipping solution:
Low Starting Cost
If a business adopts dropshipping approach they do not have to invest the money in order to procure inventory. Or we can say that they do not have to establish a location to store the goods. This leads the business to offer products to its customers without inventing a lot. Not only procurement cost and warehouse space but also you do not have to hire staff for organizing inventory and for order fulfillment process. This means if you want to start a business and do not have the funds required to run the traditional distribution operation, you can opt for the dropshipping system.
More Scalability
When you choose a dropshipping solution, you do not have to worry about the size of the physical location. Or how many products you have in your warehouse. This makes the business more scalable. It means you can offer a wide range of products without having them in a physical location. It allows you to expand your business faster than ever as you can offer more products at the early stage. Furthermore, this approach will reduce the risk of sales fluctuations.
Offer Wide-Range of Product
Dropshipping system enables you to offer a broad range of products to your customers. It further improves your customer base as you can fulfill every type of customer demand. Simply put, WaoERP dropshipping solution opens up more product opportunities for your business to offer. The best thing about this solution is that even if you are a small business, you can sell a wide range of products.
Test New Products Without a Risk
The risk of not selling always comes to mind, but with dropshipping, you can test as many as new products you want. It means you can add as much new product range as you want into your business. And when you receive the order of the new products, your vendor will deliver the items to your customers. If you want to get started with your distribution/retail/ e-commerce business and test new products, WaoERP dropshipping solution is the best choice.
Tips for Using Dropshipping Solution Effectively
There are some rules that are important to keep in mind so that you can implement a dropship solution that suits your business:
Save Warehouse Storage
One of the most significant reasons to use a dropship system is when you can't or don't want to keep goods in stock. In other words, there are some products that you do not sell frequently but one in a while. They keep a lot of space if you store them in your warehouse. In this case, always use the dropshipping method.
Wide Range of Niche Goods
Furthermore, if you deal with a range of niche products, Drop-shipping is best for these types of products. Products like handmade items, pet supplies, trendy apparel, eco-friendly goods, or other trending times, are high in demand and a large number of distribution businesses are offering these items but if you cut the cost of inventory and order fulfillment operations, you can offer the same goods at low prices. This will definitely make your business different from others and the selling graph will definitely improve.
Test Dropship First
The most important aspect of dropshipping is always testing the dropshipping service providers to avoid bad customer experiences. List the best service providers and work with them and improve customer experience. With WaoERP dropshipping solution you will be able to test the suppliers. It helps you with a selection of suitable suppliers for your business.