Reselling vs Dropshipping : Comparison
Good evening and i am again back with superb topic. And i know you will get something knowledgeable things from this blog post. Things that Here i am gonna talk about is dropshipping and reselling. Reselling is a new term in the marketing world and now there are many platforms has come that are providing very good facilities for resellers.
So that mean reselling is now very easy. You don't need to find manufacturers for picking the products. That platforms has enough products directly from manufacturers.
There is big difference in Earlier dropshopping and current dropshipping. Few years ago we just had to buy the product anonymously and send it as a gift to customer so that mean no extra money was required there. That time easy to list the product. For example you are getting products in cheap from aliexpress so you will list that product on amazon so whenever the order comes, you will buy it from aliexpress and send it to your customer. that is it.
But now there is 100 types of taxes and formalities. So you can not take product from different website and sell it in another website. If you want to start dropshipping now then you have to pay energy and cost too. So let's talk about it.
Website maintenance cost : So this is the important things you must have store to list products. Ecommerce websites not allows you to list products because there are many terms and conditions. Most of the dropshippers use shopify to create a store Or else you can develop your own website and create store there. So it cost hosting, domain, design fees.
Advertising cost : After creating a store there is big challenge is advertising that products. you have to use different ad network. You can try google adwords, facebook ad, twitter ad ETC. So it costs money too.
Time and energy : Listing and updating products regularly takes time. So you have to maintain these things. Single person not able to do everything so may be you have to hire other workers so here you are giving your time, energy and money.
Now let's come on reselling. Nowadays reselling most popular way to make money in marketing world. You can say that it is modern dropshipping. Even Non technical person start it easily.
Also reselling platforms make it more easy. platforms like meesho, glowroad and shop101 providing products directly from manufacturer so you just have to pick the product and promote it to social media.
So you are investing 0$ here and starting the business. No listing, no maintenance and no paid advertising. Just pick the product and promote it on social media that's it. Common and non technical person can start it by just creating account on reselling platform.
And you know there is risk in dropshipping. may be you can loss your investment if you made a mistake there. And in reselling you are losing nothing. The best option to promote the product is facebook marketplace, instagram and you are free to try other comfortable platform for you.
So the required things to start reselling is mobile, internet and your bank account that's it.
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I have described dropshipping and reselling and it's benefits and loss. So of course reselling is the better way to choose here. Because if you are not getting order then you are loss nothing because you have invested nothing here. You just have to promote the product and take the commission like dropshipping comission.
Now do not be confused in affiliate marketing and reselling because in reselling you can take your desired money. For example if manufacturer selling the product in 20$, you can sell it in 30$, 35$ or as much you want. And there is fixed commission in affiliate marketing. And it is less than reselling.
So this is what i want to elaborate among you. Still if you have any question, comment box is always open for you. Reblog this blog post and share it.
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I have been considering drop shipping and in all I was supposed to pay for website maintenance and all which turned out to be really expensive but I will read more about the concept of reselling now that you have shared something about it.
i think you have to try it because it cost nothing. so you will get experience.
Still a difficult decision to pick which one is better between the two
yes it is difficult. but experience can help you to choose the perfect one. thanks for the comment
Hmmm..... Most people seems to be engaging in drop-shipping more here and we also have more people doing reselling here too but the fact is that i am not really good at selling things to people and this skill will be very required here. I guess I'll have to work more on my marketing skills to engage in business like this.
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead
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Very well said. Marketing skill is must need things in this type of business. But If we have a passion for anything, we can learn it easily. greetings !!!!
Thank you for shedding light on the topic, I really did not know there was any difference in the both.