{"id":4739,"date":"2022-05-11T09:00:00","date_gmt":"2022-05-11T01:00:00","guid":{"rendered":"https:\/\/blog.ninjavan.co\/en-ph\/?p=4739"},"modified":"2024-04-24T14:38:10","modified_gmt":"2024-04-24T06:38:10","slug":"dropshipping-suppliers-philippines","status":"publish","type":"post","link":"https:\/\/blog.ninjavan.co\/en-ph\/dropshipping-suppliers-philippines\/","title":{"rendered":"Finding Dropshipping Suppliers in the Philippines"},"content":{"rendered":"\n

Ecommerce opened opportunities to start a business conveniently and easily, one of which is dropshipping. <\/p>\n\n\n\n

But you may be asking, is it too late to start a dropshipping business? Yes and no. The answer to this question boils down to your knowledge and objectives in starting one. If you\u2019re after a get-rich-quick scheme, this business model will eventually fail you (unless you get really lucky). <\/p>\n\n\n\n

Dropshipping requires small capital but demands a lot of your time. If you remain consistent and motivated, you will get promising results. Truly simple in a business sense. <\/p>\n\n\n\n

But before you jump headfirst into this business model, it\u2019s best to lay everything out. <\/p>\n\n\n\n

What is dropshipping and its promises?<\/strong><\/h2>\n\n\n\n

Dropshipping is a retail fulfillment method in which a business doesn\u2019t keep the products it sells in stock. It means that you will only be working as the facilitator between supplier and customer. <\/p>\n\n\n\n

You will act as a storefront where customers can order products and send payments. After which, you’ll coordinate this with the supplier so they can have it delivered directly to the customer. You won\u2019t be getting your hands on the product.<\/p>\n\n\n\n

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“Dropshipping requires small capital but demands a lot of your time. If you remain consistent and motivated, you will get promising results.”<\/strong><\/p>\n<\/blockquote>\n\n\n\n

What aspiring entrepreneurs love about dropshipping is its low cost of setting up and flexibility in terms of location. You can set up your office in your living room, no additional space is needed. And since you will also be in touch with different suppliers, you can have a wide collection of products ready for sale.<\/p>\n\n\n\n

What to expect and how profitable is a dropshipping business?<\/strong><\/h2>\n\n\n\n

There are two sides to a coin, as they say. In such promising opportunities, we should anticipate the cons before falling headfirst. Totoo ang tsismis<\/em>, dropshipping has a low-profit margin<\/strong>. If you\u2019re expecting to earn more and faster, you have to focus on volume. You can earn only an average of 20% profit with only 2% conversion per item<\/a>. These numbers can still be affected by supplier discounts and more.<\/p>\n\n\n\n

You may think that focusing on volume isn\u2019t a disadvantage yet, but try to also consider how high the competition can be. It\u2019s even harder to create branding for a product that has many offers. Then add the cost of advertising and marketing.<\/p>\n\n\n\n

Another nightmare for a dropshipper is shipping issues. These include lost parcels, late shipments, wrong or damaged items, etc. Though these are beyond your control, you will still be the one who resolves such concerns. Dasal-dasal nalang talaga minsan <\/em>for seamless transactions.<\/p>\n\n\n\n

How to find suppliers for your dropshipping business in the Philippines<\/strong><\/h2>\n\n\n\n

Since dropshipping has been a thing over the past two years, finding suppliers is easier than ever. If you can\u2019t figure out yet what to sell, you can ride the trend for a while and eventually feel your way to what\u2019s more profitable. <\/p>\n\n\n\n

Some of the popular products in the Philippines<\/a> right now are clothing, fashion accessories, computer peripherals, face masks, skincare and beauty products, and home necessities.<\/p>\n\n\n

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Image source: Getty Images<\/em><\/figcaption><\/figure>\n<\/div>\n\n\n

Top dropshipping companies in the Philippines<\/h3>\n\n\n\n

When finding dropshipping suppliers, here are some top recommendations:<\/p>\n\n\n\n