With the global pandemic simply not going away anytime soon and in some parts of the world rearing its ugly head once again, some businesses are finding it hard to see light at the end of the tunnel, and even closing up shop for good. It is truly sad and shocking that five months ago prosperous businesses have seen their profits evaporate with rent and other costs looming large.
It’s incredibly sad and a hard time for most brick and mortar, mom and pop stores – but even in the darkest of times there is still opportunity to be found. A global Visa study finds 67% of small businesses and 78% of consumers have adopted new behaviours to adjust to COVID-19.
While this is promising news, it will take even more adjusting and new ideas to keep most small businesses afloat in these turbulent times. One angle some businesses may not have investigated and considered fully is the potential of dropshipping… Sure, e-commerce would have been brought up and their online presence bolstered, but just how far have small business owners looked into having re-sellers try to market and sell their products on their behalf through social media and other avenues?
This is where Dropshyp’s proposition comes in. All we ask is suppliers sign up (for free), upload products to their store and let us matchmake them with potential resellers based all over the planet.
This could open up a whole new avenue of desperately sought after profits that some businesses may not have thought possible during these difficult times.
Having multiple resellers market their products on their behalf and create orders out of thin air seems too good to be true, but it’s not the case: online spend has reached $77 billion more than expected in June 2020 (Adobe’s Digital Insight report).
The solution is simple, open your product line and e-commerce capabilities up to a hugely growing world of online sales. The time is now, consumers are shopping online more than ever before due to the pandemic, just look at Amazon’s last quarter revenue of $88.91 billion.