Benefits of Dropshipping Hair Extensions
The commercial exchange of goods and services has encountered several revolutionary transformations. ‘Dropshipping’ is definitely the best of them all. It is a retail technique where the hair extension retailer does not keep the products in stock. Instead, the dropship retailer purchases the item from a third party – usually a manufacturer or a hair extension wholesaler – and has it directly shipped to the customer.
Membership for Dropshipping Wholesalers
To get authentic wholesale pricing you’ll have to apply for a membership account, demonstrate you’re an honest business and be affirmed before putting in your first order. Any wholesale supplier that offers items to the overall population at “wholesale costs” is only a retailer offering things at swelled costs. In any case, here are some authentic dropshipping charges you will likely experience:
Per-order fees – Many dropshippers will charge a fee for every dropshipping request that can range from $2 to $5 or all the more, depending on the size and many-sided quality of the things being sent. This is standard in the business, as the expenses of pressing and transporting singular requests are much higher than delivery of a mass request. Dropship Bundles generally charges about $2 extra per hair extension bundle opposed to our wholesale hair extension solution over at Private Label Extensions.
Minimum order sizes – Some wholesalers usually have a base beginning request size, which is the most minimal sum you need to buy for your first request. They do this with a specific end goal to sift through window shopping clientele that will squander their time with inquiries and little requests yet won’t decipher into an important business. When you have a membership with Dropship Bundles, there is no minimum purchase requirement as we understand sometimes shoppers will purchase just one hair extension bundle.
In case you are dropshipping, this could bring about a few difficulties. It may occur that you are a new dropshipper and need to order products whose worth is below your wholesaler’s minimum sum. It would be best to offer to pre-pay the supplier the minimum sum and construct a credit with them to apply to your dropshipping orders. This will help you to meet the supplier’s base buy necessity without placing a vast solitary request with no relating client orders. This is common with many dropshipping companies but we believe this could slow down the order process. You won’t see this with us!
Benefits of Dropshipping Hair Extensions
Easy to Get Started
Maintaining an E-commerce business is much less demanding since you don’t need to manage physical items. With dropshipping hair extensions, you don’t need to stress over: Managing or paying for a stockroom; Packing and dispatching your requests; Tracking stock for book keeping reasons; Handling returns and inbound shipments; Continually requesting items and overseeing stock level. Our team will handle all of this for you so you can focus on marketing and customer service.
Little Initial Capital Requirements
Generally, hair extension retailers have needed to tie up immense measures of capital buying inventory. With all the different lengths and styles you can easily spend up to $10,000 to get started. This is not the case for dropshipping retailers. Likely, the greatest point of preference to dropshipping is that it is conceivable to dispatch an E-commerce store without investing a huge number of dollars in stock in advance. With the dropshipping model, you don’t need to buy an item unless you officially made the deal and have been paid by the client. Dropship Bundles knows that getting your hair extension website off the ground can be challenging. If you are looking to launch your professional online store quickly make sure to check out our Hair Extension Websites that are ready in just 7 – 10 days. Without major stock investments, it is conceivable to begin a fruitful dropshipping business with very little cash.
Easy to Scale
With a conventional business, in the event that you get three times as much business, you will need to do three times as much work. By utilizing dropshipping suppliers, a large portion of the work to prepare extra requests will be borne by the suppliers, permitting you to extend with less developing torments and less incremental work. Deals development will continually bring extra work, particularly identified with client administration, yet business that uses dropshipping scale very well compared to customary E-commerce organizations.
Favorable Option for the Consumer
Dropshipping dispenses some effort duplication since a single stockroom will pick, pack, and ship the item. This methodology decreases all out stock management and delivery costs. These cost reductions could consequently lessen the cost to the customer. When starting a hair business it is important to look at all costs involved to make it successful.
Convenient for Hair Extensions
Dropshipping is perfect for hair extensions that can get very pricy. Such products are costly to get, store, and ship, so it bodes well to drop ship them from the wholesaler.
Wide Selection of Lengths & Styles
Since you don’t need to pre-buy the things you offer, you can offer a variety of items to your potential clients. On the off chance that suppliers stock a product, you can list it as available to be purchased on your site at no extra cost. Having an item listed on your website is all it takes to be a merchant of that item.
Additionally, having a wide scope of alternatives can likewise offer to advertise. Every item page can be a landing page, entry to a comparison-shipping engine, or an extra page for Google or Bing to list. These extra items are a method for presenting a more prominent number of potential clients to the store.
Increased Lifetime Value of Customers
The combination of a wide variety of products and ease in a broadening of inventory keeps the customer coming back to the site to explore new options. The drop ship merchant can easily adapt to changes in product preference and this helps to enhance the lifetime value of customers. With the capacity to include new and reliably extended item selection, you can keep your current clients coming back to see what new things you’ve obtained. Shopping that is a click of a button away is a huge chunk of paradise for the customer.
Positive Cash Flow
In dropshipping, the client usually makes payment for the hair extensions upon placing an order. The dropshipping merchant then places an order with Dropship Bundles or wholesaler and is credited. Therefore, more often than not, the dropshipper enjoys the flow of cash that is favorable to them. This way, at no time should the drop shipper find him/herself at a cash shortage.
Reduced Risk of Loss
Cash should be paid up-front to procure the stock, which implies that if the business does not work out, the main cash you will have lost is the capital to kick your site off. Your business is less vulnerable to loss of income as an after effect of changes in tastes or patterns in light of the fact that there is no such thing as abundance stock.
Quick Shipping & Delivery
There is nothing more needed than to post a drop-shipping item to an E-commerce site. As long as the item is in stock, the delivery will be made. Dropshipping might help a vendor come to market even more rapidly. Dropshipping takes out hold-up times when items are transported from the wholesaler or producer to the dealer. At times, this can be a couple of weeks. With dropshipping, a merchant can begin the delivery the minute the item is distributed on the e-trade site.
Sorting out your stock and setting it up for conveyance can regularly be a period devouring bad dream. Using a third party to ship things spares taking care of marking, pressing, delivery etc. This leaves you with an ideal opportunity to concentrate on developing your business in various ranges whilst offering top-notch services.
Flexibility of Business Location
A dropshipping hair extension business can be running from pretty much anyplace as long as you’re connected to the internet. For whatever length of time that you can speak with suppliers and clients effortlessly, you can run and deal with your business. Since you do not need to manage to obatin stock or to deal with a distribution center, your overhead costs will be entirely low as well. Truth be told, numerous effective dropshipping organizations are run from home or office with a portable PC.
Easy to Get Started in the Hair Business
Dropshipping allows merchants to test new products without having to bring in the inventory. The only obligation the drop shipper will be tasked with is analyzing the market to determine the popularity of the new product and project profitability. All this can easily be done without having to commit any capital, especially on an initial stock.
Dropshipping with Your Own Online Store
Another option from selling through other platforms such as Amazon and eBay is building up your own particular online hair extension store to offer items. This is the technique that can go a long way in establishing your hair business.
The Pros of Dropshipping on Your Own Store
More control – With your own online store you get the chance to make a shopping domain that is conducive to offering your items and – in particular – increasing the value of your clients. You can tweak the look and design, and make custom item pages enhanced to best educate your clients about the items.
Simple design – Building your own online store is simple with our quick website services. All our sites are mobile friendly and have all our hair extension products loaded in. Taking the time to add each product one-by-one with all the lengths and styles can take forever. Make sure you check out our Hair Extension Websites.
Versatile ready – At times, selling on eBay and Amazon can be quite an uphill task. But you can give your customers a different experience by developing your own online store.
No third-party fees – You won’t need to pay 10% to 15% of each deal to eBay or Amazon or any other third party, which will fundamentally enhance your net revenues.
Building a real business – simply put, you’ll be building a business with value when you create your own online store.
In summary, dropshipping hair extension is basically a concept that any smart entrepreneur needs to consider for their online business if they really are dedicated to making their businesses the next big thing. Dropshipping is easy but brings along numerous benefits that every business needs to move to the next level. It is definitely worth a try.