The world's all about dropshipping. It's new and it's hot. But did you know that there's quite a big difference between dropshipping and dropsurfing? What exactly is dropsurfing eCommerce?
Dropsurfing eCommerce is a relatively new term that refers to the business of selling trending products from multiple suppliers. This way ensures that you'll never run out of stock and that you'll always follow the trends in the market.
Today, I'll take a deeper dive into the differences between dropshipping and dropsurfing, and some of the pros and cons of getting into dropsurfing. If you want to get started with dropsurfing, get started with Bluehost for just $2.95/month.
Also, head over to my how to build an eCommerce website guide that'll take you through exactly what you need to know to get started with dropsurfing.
What the Heck Is Dropsurfing eCommerce?
Dropsurfing is a lot like dropshipping. When a customer places an order on your website, you'll automatically send a request to a supplier that'll then ship the product to your customer from the closest warehouse.
However, there's a twist. And it's quite a big twist. Instead of selling just watches or just jewelry, you're selling anything that's tendy. Whether that's women's handbags, baseball caps, or maybe even smartphones. You've got it all.
By surfing the waves and hitting up a bunch of different suppliers, you'll make sure that there's always enough stock and that you're increasing the chances of someone placing an order on your site.
If you don't know what dropshipping is already, take a look at my how to build an eCommerce website guide and get back to this post after you've done it. Then you'll likely get a better hang of what dropsurfing is.
Differences Between Dropsurfing and Dropshipping
They're quite similar and many people think of the two business models as one and the same. Even though they share some of the same traits, doesn't mean they're the same. In fact, they're quite different. Let's take a look at some of the most obvious differences between the two.
The Amount of Suppliers
The one obvious difference between dropshipping and dropsurfing is that dropshippers typically use only one supplier while dropsurfers use multiple suppliers at the same time.
When getting into drop surfing, you'll need to be thriving in a fast paced environment since you'll be scouting through multiple suppliers' websites in order to find the cheapest deal which will give you the biggest possible profit margin.
The Software That's Being Used
However, dropsurfers also use software that help them navigate through various suppliers to find the cheapest deal as explained before. They're working with lots of suppliers and it'd be extremely tough to juggle without the use of software.
Pros & Cons of Getting Started With Dropsurfing eCommerce
Dropsurfing sounds like an exceptional way to earn a great deal of money. However, like everything in life, this business model has its upsides and downsides. Let's take a look at some of them.
Low-cost Startup Business
This model business does not require a lot of money for a start. The only things you need are a functional computer and a good Internet connection. You do not even need an office because you can do it from the coziness of your home.
However, you will need the ability to form strong third-party seller connections. Therefore, you have to spend only on eCommerce website development and dropsurfing software, for which you can choose the free plan at the very beginning.
Fast Business Growth
Since you do not need to keep an inventory, and you do not need to bother with packaging and delivery, this business is bound to grow faster. Your task would only be to update the products on your website and closely monitor the changes that happen on the suppliers’ market.
The fact that you do not invest your money in the business speaks for itself – you will have the opportunity to save money in a quicker way than usual. You do not need to pay employers in a warehouse, therefore the whole profit goes to you.
Since this is an online business, you can expand your horizons throughout the whole world. You can choose whichever supplier you want and sell in a certain area. There are no specific obstructions that limit your options.
The only downside of this business model might be the fact that you will probably need to pay for the software even if you start with a free plan at the beginning. There are different prices since there are different providers of the software.
Also, as I previously mentioned, this is not a part-time job, so you will have to dedicate more hours of work if you want your business to grow and succeed.
How to Get Started With Dropsurfing?
Since we already covered the advantages of this business, it's now pretty clear that starting a dropsurfing business would be a convenient and beneficial business to run. It doesn't require a lot of money to start and there are multiple suppliers to choose from - meaning that you will be able to earn profit quickly.
The first thing you should do is get a hosting plan from Bluehost, install WooCommerce on your WordPress website, and add your products. Then take a look at the steps below.
Choose Your Software Weapon
The first thing that you will need to do is choosing software that will be convenient for you. Without suitable software, you will have to do the drop surfing manually which can be time-consuming and struggling. Additionally, it may reduce the capacity of processing more orders which will result in losing monthly earnings.
When choosing software, you are the one that determines which plan you are going to pick to start with. Some plans are free at the beginning, so that might be convenient if you are still not sure how you are going to proceed in the future.
However, you should keep in mind that using the right drop surfing tools will ease your work and the chosen software plays an essential role in your business growth. These tools have automated features and will take a lot of workload off your back.
In the beginning, you will have to fulfill the orders manually. This is an easy task since we are talking about around 10 orders a day. However, once your business grows you will not be able to do that on your own and you will not want to hire someone for that and reduce your profit.
This is where you need suitable software that will automatically do the orders for you. This is possible because the adequate software has the tools to update you on the prices of different suppliers. Along with this, you can automate the process of fulfilling orders since the software will find on its own the most suitable prices from vendors.
What Providers Are Used for Dropsurfing?
Since this is a business that does not limit you by geographical means, you can choose whatever platform you find the most convenient. There are millions of options out there, so you will have endless choices worldwide.
I have come up with a list of the most prominent suppliers that are widely used today to ease up your research:
Keep in mind that those are the most popular providers. There are literally thousands of providers out there and it's just a matter of research to find the ones that'll work best for you.
How to Find the Best Products for Dropsurfing?
If you go through the platforms that are previously mentioned, you can easily spot the trending products. These platforms usually have a section that shows their best-selling products, so you will not make a mistake by choosing one of those. However, you should keep in mind that usually, the trending products are around $10 and they are the best option to start with.
As you could see, dropsurfing is an extraordinary way to earn profit without investing a huge amount of money. On top of it, you can do it from your home and you do not need additional staff for fulfilling tasks. With the right software, you can do everything on your own.