Thinking To Start A Dropshipping Business in India? Here Are The Pros And Cons T

Posted by Shruti Creation Biz on April 23rd, 2021

Starting a new business is a hard nut to crack. Your mind can be surrounded by a variety of different thoughts, questions, and doubts when thinking about starting your own business. On the other hand, it becomes more and more difficult when you don't have a huge amount of capital, you will probably look for a low investment high-profit type of business option, and dropshipping is no different.

Pros And Cons Of Dropshipping Business

So, if you are among those who are planning to start dropshipping in India, then here are some pros and cons you should know.

Almost no capital required –

One of the biggest concerns for those who are willing to start a new business, the requirement of high capital can put any business owner on the backfoot. Thanks to dropshipping, you need very little or no startup investment. Unlike a traditional retail business, a dropshipping business can be started from the comfort of your home, all you need is a laptop or computer with an internet connection.

Very easy to start and manage –

All you need is a basic knowledge of dropshipping business and you can easily get started. Suppliers are responsible to take care of various activities and that makes dropshipping business easy to manage and expand. Even when you are planning to scale your business, things can be managed with ease.

You can sell endless products –

Deciding what to sell can be a tough task for many. Dropshipping business in India provides you with the opportunity to sell a wide range of trending products, and guess what, you don't really need to stock up products before you start selling.

Cons Of Dropshipping Business

There are some disadvantages too.

Stiff competition –

As mentioned earlier, drop shipping is easy to start and manage, this is the reason why a lot of people give this business an attempt, This, in turn, makes dropshipping business stiffly competitive.

In addition to this, various business owners sell products at ridiculously low prices that reduces the profit margin in this business.

Shipping can be a complex process –

In dropshipping business, you will need to source products from different suppliers and each supplier can have their own billing and pricing structure. Hence, it can be tricky to communicate product delivery time to the customers, especially when you source products from different suppliers.

Customer service can be a challenge –

As a seller, you don't any control over how a product or brand is showcased to the customers, suppliers take care of branding and designing of products. Still, sellers have to take care of the responsibilities in case supplies make any mistake. This is the reason why customer service can become a challenge when it comes to starting dropshipping business.

Final words:

Pros and cons are always there, regardless of the type of business you start, and dropshipping business is no exception. If you feel you can make the most out of this business and all the risks involved are worth taking, a dropshipping business can be a great choice for you.