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How To Start A Successful Online Dropshipping Business With Quickms In Nigeria - Business - Nairaland

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How To Start A Successful Online Dropshipping Business With Quickms In Nigeria by hoojay1(m): 3:38pm On Aug 21, 2019
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Dropshipping business in Nigeria is a very lucrative and profitable business to start in 2019. I have a good news for you to as many people that are scared of starting an online business because of the intensive startup costs in running a small scale business in Nigeria.
Starting a dropshipping business is a great first step into entrepreneurship. You’ll be able to sell products to customers, set your own product prices and create name for yourself, You don’t even need to pay for inventory until it’s sold to an actual customer.
In this article, we’re going to teach you how to start your own dropshipping business with QuickMS. This will cover what a dropshipping business entails , benefits of starting a dropshipping business and also a step by step guide on how to get started.

What is Dropshipping?

Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock i.e you don't buy goods with your money and waiting to market it, Instead when you sells a product, you purchases the item from a third party (QuickMS) and has it shipped directly to the customer.
Dropshipping is a type of business model which enables a business to operate without maintaining inventory, owning a shop to store their products or even having to ship their products to their customers themselves.

How To Start A Dropshipping Business.

Step 1: Get a product

Picking the right product gives you some additional advantages when marketing the product. Without any knowledge about the product you choose, you won’t have the ability to pick up on anything fishy about the quality of the products, the process, the pricing, or anything related.
QuickMS's products ranges from Men and Women's wears, shoes, bags, electronics, gadgets and so on...

Step 2: Get a supplier

You want to earn, you want to smile Then QuickMS got your back.
We ship all your orders directly to your potential customers.

Step3: Set a price margin

This point is where the magic happens, your profit is the differences in price of the QuickMS and yours. For example, if you're dropshipping a bag worth 3500 Naira on QuickMS(supplier) and sell it to your potential customer at 4,500 Naira, then your gain/profit is 1,000 Naira.

Please note:

#The maximum price difference shouldn't be more than 40% .

#Dropshippers must meet up with the MOQ (Minimum Order Quantity) to be granted order.

#Delivery of waybill takes between 9-14days.

Step4: Promote your business.

There is this popular quote in business that says “Nothing happens until someone sells something”. The major purpose of venturing into a dropshipping business is to sell something and this can only be achieved by constantly looking for innovative and less cost-effective ways to promote your business.
Having a great product and a platform to sell it is a success in dropshipping business. So get hold of your various social media platforms to do the marketing.

Step 5: Get your finances in order.

One common mistake entrepreneurs make when starting a business is not taking financial management seriously. Every money-making business needs to always look out for financial loopholes that can ruin the business and prevent such from happening.
Financial activities such as small business accounting and invoicing should be taken seriously from day one. You should also learn to keep your business and personal finances separate as much as possible.

Benefits of Dropshipping Business

1. Low investment: One of the biggest advantages of dropshipping is that you can start it at NO COST!

2. Easy to start: With QuickMS as your supplier and setting, your e-commerce business is easier to start and run when you aren’t dealing with physical inventory.

3. Low overhead: You don’t have to deal with purchasing inventory and managing or storage facility, keeping your expenses nice and low. You could run your dropshipping business from home from your smartphone or laptop!

4. Location flexibility: No need for paying expensive rents, as long as you have a connection to the internet, your dropshipping business can be run from just about anywhere.

5. Easy to scale: By leveraging dropshipping with QuickMS, the majority of the work will be done by us such as shipping, delivery of waybill to final customers, allowing you easier expansion and scaling with less work.

Conclusion
Dropshipping is an extremely popular business model for new entrepreneurs, especially in Nigeria. Since you don’t need to stock or handle the items you are selling, it’s very easy for new competitions to popup.

Ready

To start dropshipping at NO COST in Nigeria with QuickMS .

contact :
WhatsApp or Call
Mide: 07069787539
Oluwatobi: 07036090909

Re: How To Start A Successful Online Dropshipping Business With Quickms In Nigeria by Cormung: 1:08pm On Aug 28, 2019
hoojay1:



Step 5: Get your finances in order.

One common mistake entrepreneurs make when starting a business is not taking financial management seriously. Every money-making business needs to always look out for financial loopholes that can ruin the business and prevent such from happening.
Financial activities such as small business accounting and invoicing should be taken seriously from day one. You should also learn to keep your business and personal finances separate as much as possible.

It definitely is a thing that you should pay close attention to not to make any mistakes. Also, I think that it's a good idea to get a proper laptop for accounting software so your time won't be wasted because your laptop can't run the software smoothly. You can check this list of best laptops for quickbooks for more details, it will help you to discover some suitable options.

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