Dropshipping Opportunities in Business

Abstract

The article highlights the definition of dropshipping, provides a diagram of a dropshipper, shows models of the dropshipper entering the B2C and B2B markets. The essence of the requirements for the dropshipper on the market is clarified and the creation of the importance of its brand is shown. Dropshipping is one of the models of doing business, when the entrepreneur may not have stocks of goods in the warehouse, in fact, there may be no warehouse at all, but buyers order the goods in the online store. When the dropshipper receives an order to purchase goods, then he or she can buy goods from the supplier or even transfer the customer’s data to the supplier, who in turn makes the sale and delivery, and the dropshipper deducts the agreed percentage of sales. Dropshipping is beneficial to all participants in the process. The dropshipping process is traditionally reduced to the following scheme: the initial stage of concluding a contract with the supplier; creation of an online store and further work on promotion; attracting buyers and concluding sales agreements; transfer of orders through the site to the supplier in a way that is usually agreed in advance; the dropshipper sends the completed order to the specified recipient. With such an arrangement, you can easily open your own online store without being a manufacturer of goods. An entrepreneur in the organization of mediation usually focuses on marketing and promoting himself or herself as a businessman, and also begins to work more actively to increase sales channels. In Ukraine, dropshipping is considered to be the safest way to trade. Entrepreneurs are attracted by such advantages as the absence of the need to find premises for rent, as well as the lack of staff, i.e., the absence of the need for large financial investment at the start. The main tool for starting sales through dropshipping is the Internet. Suppliers see real benefits from such cooperation, so are willing to respond to offers. Sites that work on this model are gradually filling free market niches. And even large online stores are partially switching to such a system of cooperation with manufacturers.