Dropshipping, as an order fulfillment process, has been extremely successful for many people. Since businesses aren’t required to stock products, dropshippers can earn hefty commissions using their advertising skills. However, dropshipping isn’t and will never be a ‘get rich quick’ process. Even the dropshippers who conduct their business on the biggest retail e-commerce platform – Amazon, have to face many challenges. But, people who are curious about how to start dropshipping on Amazon can open dropshipping accounts on the platform and take advantage of the eCommerce giant’s massive market share and magnificent marker reputation to sell their products. A key benefit of dropshipping on Amazon is that the company always has massive inventories stored in warehouses worldwide. Dropshippers can grow fast and expand their operations to a global scale.
Getting Started – Benefits and Potential Downsides
Amazon gives dropshippers access to 300 million dedicated users of the platform. Most dropshipping success stories involve earning large returns from a wide range of products. Also, there’s minimal need for advertising as long as the dropshippers optimize their seller’s page on the platform. Dropshippers should first get their professional Amazon seller accounts (getting a pro account is a must). They’ll then have to obtain the UPC codes (Universal Product Codes) for all the products that are set to be dropshipped. Then, they’ll have to team up with suppliers. After setting up the account, dropshippers will have to conduct product research to discover positive feedback products.
Making the Most
Amazon takes some time to start paying its merchants. Hence, a substantial amount of starting capital is necessary for sustaining the business in the initial months. Users with no access to capital must check out the best dropshipping websites that don’t require excessive capital investments. The suppliers should ship the products within 3-5 days as all Amazon shoppers are accustomed to fast shipping. Plus, dropshippers must sign up for the Fulfillment by Amazon (FBA) program to get preferential treatment over people who dropship using third-party suppliers.
