The 4 key dropshipping trends

In today’s post, we are going to compile a list of the key dropshipping trends to boost your online business. But, as with houses, you have to start with the foundations, so firstly, what is dropshipping?

It is a business model where the retailer does not physically store the products they sell. Instead, they acquire them directly from a dropshipping supplier who sends them to the end customer anonymously.

Thanks to this business model, you take care of providing a good service to your customers and focus on selling. This is thanks to the fact that you don’t need a warehouse or stock, so the financial burden is lower than with other business models.

Here, we give you a list of the five main dropshipping trends for 2023:

1. Place importance on the selection of suppliers

Knowing that the retailer does not have direct control over the shipping and quality of the product, it is vital to work with proveedores de confianza que garanticen una buena experiencia a los clientes. En BigBuy tenemos multitud de marcas y proveedores que cuentan con grandes stocks y, gracias al volumen de compra,  ofrecemos a nuestros minoristas un amplio catálogo a precios competitivos.

2. Automate the order fulfilment process

Given the competition in the dropshipping market, retailers are looking to automate their order fulfilment processes in order to reduce errors and improve efficiency. Thanks to the Multi-Channel Integration Platform (MIP), the integration with different marketplaces is possible so that the following are all automated: catalogue synchronisation, synchronisation of stock in real time, synchronisation of orders, integration with multiple carriers with automatic calculation of shipping cost, the mapping of categories, pricing rules and much more.

3. Focus on niche products

This enormous amount of competition has led retailers to focus on specific niche products rather than cover more general products. This way, they can reach loyal customers thanks to offering unique and specialised products in their sector. Discover the best niches for dropshipping that will succeed in 2023 here.

4. Diversify sales channels

Retailers are choosing to diversify their sales channels in order to reach a larger number of customers. They don’t just sell through traditional sales channels, they adopt new technologies. At BigBuy, thanks to our MIP technology, we centralise the management of ecommerces, marketplaces and other digital channels on one platform. Here we attach a short guide on how to manage orders on the Multi-Channel Integration Platform.

In conclusion, the key dropshipping trends include the importance of choosing trustworthy suppliers, the automation of the order fulfilment process, a focus on niche products and diversification of sales channels.

Here at BigBuy we have more than a decade’s experience of doing dropshipping. Register free of charge in order to access the sales price to retailers of all of the products from our catalogue. Do you have any further queries? Contact us here.