What is Shopify?
Shopify is a Canadian ecommerce multi-national company with headquarters in Ottawa, Ontario. It was founded in 2004 by Tobias Lütke, Daniel Weinand, & Scott Lake. Its current revenue is 158 crore US Dollars. Some facts about Shopify are:
- Shopify allows users to create an online store for their business of almost any complexity. There are more than 500,000 stores over the internet made using Shopify.
- It is free to use for the first 14-days and then there are some minimal charges.
- The user does not have to be a developer or a programmer to create an online store using this platform.
- Shopify takes care of the hosting. Even if the traffic rises on your website, you don’t have to worry about the up-gradation or maintenance of the hosting servers.
- You are allowed to use your domain name with Shopify.
- It can be used in almost all countries.
- The languages that the platform currently supports are Chinese (Simplified), English, Chinese (Traditional), Danish, Czech, Dutch, French, Finnish, Hindi, German, Italian, Korean, Japanese, Norwegian, Portuguese (Brazil), Polish, Spanish, Portuguese (Portugal), Thai, Swedish, and Turkish.
It is due to the above facts that several people plan to take their business online using Shopify daily. It is convenient and effective. The success rates of the online business with this platform are high and the customers have good reviews for this platform.
What are Drop-Shipping stores?
In the Drop-Shipping method, the manufacturer supplies directly to the customer. The manufacturing company does not keep a stock of the product. The buy the raw material from a third-party, prepare the product, and have that product supplied directly to the customer without anything in between. The seller does not need to own an inventory in this method and there are no wholesalers or retailers in between.
This method is better because:
- This is a low-risk method as the initial production without the orders is small.
- There are no wholesalers or retailers in between so the cost of the final product is decreased.
- No storage facility required that further lowers the product cost.
- A flexible business model.
- A Drop-Shipping business can be started with a minimal initial investment.
Drop-Shipping is a safer method to start a business. It is more flexible and has more chances of being successful.
Top Shopify Drop-Shipping Stores
Shopify allows you to create online stores for the Drop-Shipping business. There are multiple successful Drop-Ship stores over the internet. Some of the top shopify dropshipping stores are:
- Inspire Uplift
- Dude Gadgets
- Mooshe Socks
- Dog Pawty
All these are successful top shopify dropshipping stores. They have a simple website that is easy to browse and their products are easy to find. The interface at these websites is easy to understand.
When starting a new business, Drop-Shipping is the best method, to begin with. It provides more flexibility for beginners and involves minimum initial investment. Moreover, the decrease in the price can be beneficial for new stores. When the business begins to grow, the owner can shift to other methods.