E-commerce Business ( Dropshipping)

-

Dropshipping in India 

In this blog we're going to describe dropshipping and how to build a successful dropshipping store in India ? 

How to build a successful dropshipping store in India ? 

So , what do you mean by dropshipping ? 
By searching on Google you find an answer like this " Drop shipping is a form of retail business wherein the seller accepts customer orders but does not keep goods sold in stock. " 

But How does dropshipping actually work ? 
Or how can we made a successful dropshipping store in India in 2021 ? 

How to make a successful dropshipping store in India ?

Points to keep in mind while building a dropshipping store -:

1) You don't have to worry about Inventory management.
2) You don't have to worry about Delivery.
3) You don't have to worry about Marketing (if the product you choose is right).
4) You don't have to worry about Payments related issues.
5) You don't have to worry about Website Development.

In short you doesn't have to worry about any single thing. If you are following the right path that we're going to share with you guys for free.

Dropshipping Stores -: 

The key elements that are required to build a dropshipping store are already mentioned in the previous blog named -: " 
After reading that article full , come back here to know the full process.

How to start building an dropshipping store ?

1) Before actually entering in it. We have to do a research about it. For example -: choosing the right product.
2) After choosing the right product , we have to check which type of audience are we going to target.
3) After choosing both the things , check which kind of advertisement is getting traction ( reach/results) . For example -: Instagram Ads ( as it is usually used by Youth , Facebook Ads ( it is generally used by all age people from old age to teens). [Instagram is best as purchase rate in youngsters is very high as compared to old age people] , Google Ads (it can be used to target every kind of people) .
Check which platform is best for you.
4) After Doing all the 3 things, Make an world class video AD to promote it on social media by paid campaigns to start getting sales. You can use fiverr Freelancer for creating video Ads.
5) After Collecting all the data of the above things right. You can Start your E-commerce Business.

To Be Continued.....

We'll bring another blog on the same topic next Monday to extend further.
Till then Make sure to subscribe to our Blog and follow us on social media [link is in follow us page]

Thank you
Team The Economy Man



Popular posts from this blog

How to improve Yourself ?

-
Image
HOW TO IMPROVE YOURSELF ? In this blog we'll provide 36 basic steps which we all know in a way but we failed when it comes to usage of it. So in this blog , we will give 36 points from which you can start improving yourself. 36 Ways to Improve Yourself -:  1. Meditate 2. Set goals 3. Read daily 4. Judge less 5. Eat healthy 6. Love yourself 7. Wake up early 8. Start a journal 9. Quit a bad habit 10. Ask for feedback 11. Learn a new skill 12. Believe in yourself 13. Start a new routine 14. Plan a new strategy 15. Learn how to invest 16. Don't make excuses 17. Stop procrastinating 18. Review your finances 19. Focus on the positive 20. Change your attitude 21. Learn a new language 22. Question your purpose 23. Focus one thing at a time 24. Don't compare yourself 25. Automate and delegate 26. Acknowledge your flaws 27. Identify your blind spots 28. Leave your comfort zone 29. Change your social circle 30. See failure as opportunity 31. Follow an exercise routine 32. Make a busin
Read more

Ratios to look before buying a share (Stock)

-
Image
Ratios to look before buying a stock (share) In this blog we will discuss about 8 ratios which plays a vital role in determining the intrinsic value of a stock. 1) Ploughback & Reserves Ratio-: The plowback ratio is a fundamental analysis ratio that measures how much earnings are retained after dividends are paid out. It is most often referred to as the retention ratio. The opposite metric, measuring how much in dividends are paid out as a percentage of earnings, is known as the payout ratio. 2) Book Value Per Share Ratio-:  The book value per share (BVPS) is a ratio that weighs stockholders' total equity against the number of shares outstanding. In other words, this measures a company's total assets, minus its total liabilities, on a per-share basis. 3) Earning Per Share Ratio-: Earnings per share or EPS is an important financial measure, which indicates the profitability of a company. It is calculated by dividing the company's net income with its total number of outst
Read more

Skills to Learn In 2021

-
Image
Skills to learn in 2021  In this blog we're going to describe some skills in which you can make a career out of it. Here is the list of top skills that have a great future in this decade -:  1) UI/UX Designing 2) Facebook And Instagram Ads 3) Copywriting 4) Project Management 5) Biz Development 6) Product Ownership 7) Info Architecture 8) Digital Marketing 9) VFX / Animation 10) Artificial intelligence  11) Cloud Computing 12) Blockchain 13) Podcasting / Content Creation UI / UX Designing -:  A UI/UX designer's job is to create user-friendly interfaces that enable users to understand how to use complex technical products. If you're passionate about the latest technology trends and devices, you'll find great fulfillment in being involved in the design process for the next hot gadget. Facebook and Instagram Ads -: Description doesn't require in this. If yes, then let us know in the contact form. Copywriting-: Copywriters spend their days writing prose for the purpose
Read more