Dropshipping is a type of retail fulfillment method, where instead of a store stocking products, it purchases the products from a third-party supplier. The products are then shipped directly to the consumer. Chinabrands, AliExpress, Oberlo, SaleHoo, and DHGate are the top 5 drop shipping suppliers currently.
It was AliExpress that made the term “dropshipping” popular way back in 2006 in the United States. As the prices of the China-made products were lower, most of the business owners launched their online stores and promoted their products on AliExpress. Dropshipping is a type of retail fulfillment method, where instead of a store stocking products, it purchases the products from a third-party supplier. The products are then shipped directly to the consumer. This way, the seller doesn’t have to handle the product directly.
When adding new products to your range, the risk of not selling is always in the background. Using dropshipping means that you can start advertising almost immediately when you decide you want a product on your site. Since you don’t stock the product, you don’t pay for it until it’s sold you can greatly increase your cash flow by selecting dropship manufacturers.
5 Best Drop Shipping suppliers to Partner With
Chinabrands is a leading global dropshipping wholesaler and dropshipping supplier from China. They have a global reach servicing customers in more than 200 countries. It offers full catalogs, including cheap clothes, bags, shoes, jewelry and accessories, beauty, 3C products, household necessaries, and so on that total more than 500,000+ SKU. Also, new and trendy arrivals are added every day.
AliExpress is Alibaba’s online retailer and a popular dropshipping service worldwide. A Chinese online sales platform, AliExpress offers incredibly low prices on many products. On their website, you’ll find lots of user reviews and analytics that are super useful during the product research phase.
If you haven’t heard about Oberlo running your dropshipping business, you haven’t truly been drop shipping. Oberlo bills itself as the leading marketplace to search and find products to sell online at your Shopify store. Their platform for Shopify facilitates drop shipping by connecting merchants with suppliers, who then ship products directly to consumers.
SaleHoo is a wholesale supplier directory. The platform contains more than 8,000 pre-vetted suppliers and 2.5+ million products. Over the last 15 years, SaleHoo has helped more than 137,000 people start an online eCommerce business, making it one of the most popular and reputable dropshipping companies on the market today.
DHGate is a popular dropshipping company. The website facilitates online buyers and sellers in connecting and purchase products. DHGate dropshipping store has a built-in escrow service that protects the buyers and sellers. It’s easy to order and the payment gateway is secure. Additionally, you have the option to join their VIP Club and enjoy greater kickbacks.
Millions of entrepreneurs flock to dropshipping because it requires less hassle and money to get started. In traditional business models, the majority of the costs are related to setting up and running the retail operations, such as purchasing inventory. This partnership between the retailer and the distributor is what makes dropshipping different from other business models. You don’t have to buy your products upfront or pay somewhere to store them.
All you need to do is build an online store that sells well and make sure your fulfillment process is running smoothly. Since dropshipping eliminates that step, and thus its cost, all you have to pay for is the associated costs of running your website (hosting, theme, apps, etc.).