How to Start a Dropshipping Business in 5 easy steps

Being your own boss, working from wherever you want, and having access to a global market: these are all perks of having your own ecommerce store. Honestly, I can write an entire ebook on how the internet has transformed the way we work and live, with new success stories emerging all the time. However, starting an online store isn’t a walk in the park…

… it’s hard work.

Generally, it requires a good understanding of things like marketing, logistics and fulfillment, to name a few, but focusing on these areas before you even get started can be stressful. Then, you have to chalk out a plan for inventory storage, which can pose an even bigger challenge if you plan to operate from home.

 

That’s where dropshipping becomes your savior.

 

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Holiday Tips Part 2 : What Product Selection Sells Best During Holiday Season?

This is Part 2 of our series on Holiday Tips. To start from the beginning, read our first article here.

Christmas is fast approaching, and many retailers are already on the countdown to final product assortment. As a well-organized ecommerce merchant, you’re also looking to jump on the assortment planning bandwagon. However, the challenge for most retailers lies in determining what products to select for their holiday ecommerce assortments.

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Holiday Tips Part 1 : What Should Your Pricing Strategy Be for the Holidays?

This is Part 1 in our new series on ways to prepare your business for the Holidays. 

It’s practically tradition for the holiday season to mean great deals, starting with Black Friday through to the classic after-Christmas and New Year’s clearance sales. According to Deloitte’s 2017 holiday survey, these sales have become so reliable that 44% of participants said that they wait for holiday sales to make big-ticket purchases, and 42% said that they only purchase sale items when holiday shopping because they know that their desired items will eventually go on sale.

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The Benefits of Offering Free Shipping

In today’s age of growing ecommerce, free shipping has become a competitive necessity for online retailers. While there are certainly several costs associated with offering free shipping, these may be outweighed by the numerous benefits.

When big companies like Amazon first offered their free shipping model a few years ago, it was difficult for every online merchant, especially smaller ones, to follow suit. However, with growing sales and customer expectations, free shipping has become more common and more beneficial for businesses than ever before.

 

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E-Commerce Meetup Event

This past Thursday we hosted a networking event and panel in our office space with our friends over at Parkfield Commerce. Together, we offered our advice to a room full of ambitious suppliers and retailers seeking to launch successful e-commerce businesses. It was a night filled with wine, cheese, schmoozing, and business insight!

The panelists included Tracey Wallace from BigCommerce, Evan Hakalir from Andy & Evan Industries, Melissa Gonzalez from Lionesque Group, Jocelyn Teece from Gwynnie Bee, and our very own founder and CEO of Modalyst, Jill Sherman! Each offered their own unique perspectives and spoke from their individual backgrounds and experiences in the business, giving our audience a very holistic view of the industry.

The primary focus of the panel was the fast-growing dropship model in the world of e-commerce. Dropshipping has cut out the need for large warehouse facilities, staff, and distribution costs, proving to be very profitable for both the suppliers and retailers.

Here are some of the highlights from the panel discussion.

 

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Introducing Kit: Your Very Own Virtual Drop Shipping Assistant

Last week, we teamed up with Shopify’s very own virtual marketing assistant Kit for a new integration that will help you increase sales. If you’re a Modalyst Retailer using Shopify, you can now install Kit to help you add new products and market them through ads, all by simply replying “yes” from your mobile device. Thanks to Kit, merchandising and marketing have just gotten a lot easier.

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