About Dropshipping Business
Dropshipping is a business model that allows you to sell online without investing in inventory or physically holding the product. Instead, you become an intermediary between the customer and the wholesaler or the stockist that sells the product. You match the customer order to the best or the cheapest supplier you deal with, which then dispatches the goods to your buyer. According to a report by Report Thinker, The size of the dropshipping in the UK market in 2019 was valued at $162bn, and it is estimated to grow to $591bn by 2027.
On paper dropshipping sounds simple and profitable because all eCommerce big players promote it, but the reality couldn’t be further from the truth. There are several obstacles associated with the dropshipping business model. The main mistake that people make is choosing the wrong eCommerce platform to do dropshipping business.
Just like an online merchant that relies on wholesalers to source their goods, dropshipper need to pick an eCommerce platform; however, selecting an eCommerce platform for dropshipping is more challenging. Dropshippers need to look at a range of factors that include price competitiveness, time to delivery, the support offered by the dropshipping eCommerce platform and its suppliers.
In this article, we will run through the different eCommerce platforms that offer dropshipping UK and discuss the pros and cons of each one.
WooCommerce is the most popular platform to launch an eCommerce store. WooCommerce powers around 30% of the world’s eCommerce sites. WooCommerce is a free plugin installed on any WordPress site and turned into an eCommerce site.
Advantages of using WooCommerce
Disadvantages of WooCommerce
Actual cost of a WooCommerce online store
Although WooCommerce is a free plugin, you will need to buy the following items to launch an eCommerce website
In summary, Woo Commerce makes money by selling plugins to its merchants, and its main strength is not dropshipping.
Shopify is the second largest eCommerce platform by market share. It powers 18% of online stores worldwide. Shopify is not open-source or free. It has pricing plans that range between $29 to $299 a month. It is the only platform on the market that owns an eCommerce platform and dropshipping platform all in one. Shopify bought one of their dropshipping plugins, Oberlo. Shopify is one of the best eCommerce platforms for dropshipping.
Advantages of Shopify dropshipping
Disadvantages of Shopify dropshipping
Magento is an open-source eCommerce platform. Its main customers are based in the UK and the US. Adobe owns it. Magento is mainly for big businesses. It is estimated that Magento powers 250,000 websites.
Risks of choosing wrong dropship supplier
Best UK Dropshipping Suppliers
On the plus side, AliExpress is free, so if you want to test your ideas, AliExpress is your best option.
CjDropshipping has a few integrations, including Shopify, but anyone can see their prices on their website.
Couple of happy online entrepreneur express their gratitude
I started a free eCommerce website on Martave and it is just awesome. I am very pleased with Martave which seems to be the best solution in the UK’s dropshipping market.
I have started a dropshipping business during the COVID pandemic, and my business has thrived here and I could not be happier.