Shopify provides an option of Dropshipping. It purchases a product directly from a supplier or a third party and ships it to the consumer. Shopify Dropshipping reduces a great amount of risk for a store owner. It frees you from constantly checking if there is enough inventory available or will be available when needed, will it be sufficient for an entire month or year? will it reach on desired date and time? And what not.
Store owners suffer losses if there is surplus or deficit inventory. Products go to waste if their supply exceeds demand and businesses lose customers if they are unable to serve customers on time due to inventory deficit. Moreover, a business owner can easily test different products and product lines. It is easy to see if their customers are liking new products introduced or not. They can be discontinued easily because they are not stocked up in inventory and the owner will not suffer any loss in case of any wrong decision. Store owners rarely handle products themselves and the process is automated which creates ease for store owners. It encourages more entrepreneurs to join the business world and serve on-demand products to customers without a stockpile of inventory. Every day it is becoming easy to serve customers wherever they are with Shopify. We will discuss how to start dropshipping in Australia and New Zealand. Read till the end.
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Dropshipping In New Zealand:
First question that arise in anyone’s mind is that whether dropshipping is legal in New Zealand or not. Dropshipping is totally legal in New Zealand but you have to comply with rules and regulations. Proceeding further, If you want to start dropshipping in New Zealand as a business, then you have to get business license for that. Being a business owner means you are liable to pay tax. Shopify charges 15% goods and services tax (GST) to your Shopify bill. There are two types of taxes income tax and GST. Moreover, there are number of payment gateways available in New Zealand such as
- Payment Express
If you want to run a successful dropshipping business, it is important have good suppliers. Suppliers make or break the game. Best suppliers in New Zealand are:
- CJ Dropshipping
- Just Party
Ogo and Brandsgetway are for fashion and print on demand businesses while others have general niche.
Best Suppliers and Payment Gateways In Australia:
On the other hand, available payment gateways in Australia are
- Coinbase Commerce
- Raypyd Payment
- Asiabill Local Payments
- APS-Amazon Payment Service
- G2A pay
Australian e-commerce is growing steadily and business owners are making huge profits. Research says that it is because there are best suppliers in Australia. As we have already discussed that suppliers are most critical aspect of an e-commerce business. To help you out, we have come up with the list of best suppliers and they are as follows:
- Factory Fast
- OzDingo Marketplace
To conclude, Dropshipping is talk of the town these days because of ease and flexibility it offers. Business owners can easily experiment with different product lines and services without stocking up. New Zealand and Australia are best countries for dropshipping, if you have right suppliers and payment gateways. We have discussed some best suppliers and payment gateways of New Zealand and Australia. Hope this article was helpful.
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