Dropshipping recommendations and business solutions from Yakkyofy? Having a successful dropshipping business is not just about opening a store, and it is not even enough to have a great product. To make your business fruitful, it is necessary to apply appropriate marketing strategies to generate dropshipping sales because just like physical stores, those that are online also demand attention. Although under a dropshipping scheme your investment in the logistics part will be minimal, your business will be useless if you do not attract potential customers. As in digital marketing strategy, it all starts with attracting customers.

Cheap China manufacturers is what started the dropshipping business. What is your minimum order quantity (MOQ)? There is no constant number, but keep your profit margins in mind. Whether you want to sell all the units, you still have to pay for your order. It is common to see price exceeding the higher volumes, so it is essential to make inquiries in regards to the volume to reduce cost. Many factories offer a sample of existing products provided you pay the customs and shipping costs. Regardless of this, ensure that you are comfortable with the manufacturer’s sample price structure before dealing with them.

There are not fixed prices on Alibaba, as they depend on the number of products requested, the technical characteristics required, the production and shipping time. On AliExpress, on the other hand, you will have products with a fixed price, normally higher than on Alibaba, because they are not B2B. On Alibaba, suppliers produce the products themselves, therefore they are able to modify them and adapt them to your needs. This means that they can either simply apply a logo to a standard product, change its appearance or even create a completely new product based on your specifications. This is not possible with AliExpress. Because only ready-made products are sold here and therefore cannot be modified. Discover extra info on Is Dropshipping worth it.

Why China dropshipping? China is the world’s number-one producer of cement, steel, and chemical fertilizers. Of the ten largest steel producers in the world, six are based in China with the country’s annual steel production of 683 million tons being the highest in the world. China also has the largest cotton textile output of any country with textile manufacturing accounting for 10% of the country’s gross industrial output. China is the third largest producer of automobiles in the world behind the US and Japan with the annual automobile export being estimated to be $70 billion. The automobile sector experienced a dramatic growth in the past few decades with the country’s annual automobile output increasing from 1.45 million units in 1995 to over 13.7 million units in 2009. Manufactured products account for about 94.3% of China’s $2.09 trillion total exports which include automobiles, ships, locomotives, textiles, fertilizers, and electronics.

Biggest companies in China ? Ping An Insurance Group Co. of China Ltd, also known as also as Ping An of China had a value of $220.2.bn in 2018, yet is considerably more asset-rich with $1,038.3bn in assets. The civilian-run company is a conglomerate of companies that handle diversified insurance, responsible for business of insurance, banking and investment. Ping An Insurance was founded on 21 March 1988 and is headquartered in Shenzhen, China. Today, it is part of the Hang Seng Index: an index of the top 50 companies in the Hong Kong Market Stock Exchange.

Thanks to a new Image Recognition Technology, based on machine learning, our Chrome Extension is the only tool on the market that can offer you B2B quotations for your dropshipping products with shipping prices for more than 100 countries in a matter of minutes. We use the fastest shipping service available on the market to deliver your packages: Special Line. With Special Line, we can deliver an item to the US and most of the EU countries within 3 to 12 business days. Discover additional information at Track your dropshipping packages.