Dropshipping is a way to run an online store without having to worry about having enough stock. You don’t have to keep a stock, and you can contact suppliers who will send the products directly to your customers, so you don’t have to worry about shipping.
The dropshipping business model is becoming more popular all over the world, and online stores in almost every country use it. But if you want to start dropshipping in Australia, you can learn more about it by reading this article.
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How to Start Dropshipping in Australia: Useful Tips
If you want to start a dropshipping business in Australia, there are a few things you should know that will help you move forward. You also need to know a lot about everything, from how to choose the right eCommerce platform to which dropshipping suppliers are the best. So, now that we’ve covered that, let’s look at five useful tips for starting a dropshipping business in Australia.
Choose the Right Platform for Your Online Store
First, you have to pick an eCommerce platform that works well for the Australian market. Your dropshipping store will be built on top of the eCommerce platform, and you can make changes to the store as you see fit. With the right eCommerce platform, it will be easy to set up and run the store.
But choosing the eCommerce platform is a separate task, and you need to make sure you have a good one. The best eCommerce platforms know how to offer the right features, an easy-to-use interface, and great customer service. If you work hard to find the right eCommerce platform, you and your store will be better off in the long run. Shopify, BigCommerce, and WooCommerce are some of the best examples.
Find the best vendor.
As you start dropshipping and hope that all your hard work pays off, it is important to find the right supplier. A supplier’s job is to store the goods for you. Then, whenever a customer asks for them, they are sent to the customer.
So, you should look for the best dropshipping suppliers in Australia, since they will run their business and keep your products in the same country. Choosing suppliers from the same country as your business has many benefits, such as fast shipping, easy returns, reliable products, and great customer service.
Give people the right ways to pay.
When you start dropshipping in Australia, offer the most common ways to pay. If you have a dropshipping store, you must offer at least three ways to pay. If you don’t, you’ll find that many people don’t finish their purchases. To make sure you give your visitors/customers the right payment options, you should know all of the common payment methods in Australia.
You can add the most common ways for people in Australia to pay to your online store:
- Visa and Mastercard are two of the most common credit and debit cards. American Express and Discover are also accepted by a lot of online stores.
- PayPal is a popular way to pay online. Users can pay with their PayPal balance or a bank account that is linked to their PayPal account.
- Bank Transfer: Some online stores let customers pay by bank transfer, either directly into the store’s bank account or through a third-party platform like Stripe.
- Afterpay is a popular service that lets people buy things right away and pay for them later in installments.
- ZipPay is another buy now, pay later service like Afterpay that lets customers pay for their purchases in installments.
- Apple Pay and Google Pay are two examples of digital wallets that let customers pay with their phones.
- Depending on the type of product you sell and the people you want to sell it to, different payment methods may be more common. So, it’s a good idea to give your customers a variety of ways to pay so they have more options and are more likely to buy.
Find out a little about taxes
Finding out about taxes can be a boring job, but it’s a necessary step in starting your dropshipping business. Before you start dropshipping in Australia, you should learn about the taxes you have to pay so that your business works better. But if you do business in Australia, you should know about the two main kinds of taxes.
Individual Income Tax: Individual income tax is a type of tax that people in Australia pay on their own income. This includes income from wages and salaries as well as other sources like investments, rentals, and capital gains.
Australia has a progressive income tax system. This means that people with higher incomes pay a higher tax rate. The Australian Taxation Office, or ATO, is in charge of running Australia’s income tax system. They use a system of tax brackets to figure out how much tax a person has to pay on their income.
GST: Australia also has a tax called the Goods and Services Tax (GST). Most goods and services in Australia are taxed at a rate of 10%, and most prices already include this rate. But you don’t have to pay the GST until your dropshipping store makes $75,000 in sales a year. Also, if you buy the goods online for less than $1,000, they will be considered low-value goods and won’t have to pay duty.
Reserve a Budget
There’s no doubt that you can start a dropshipping store with very little money, but you’ll still have to spend at least a little of your own money. So, when you start your dropshipping business, you need to set aside some money:
You have to pay for your ecommerce platform and then buy a domain. Experts recommend adding some helpful apps to your dropshipping store to make it more useful. Most dropshippers like to use Shopify because it comes with some useful apps that make your store more useful.
Some of it has to go to the suppliers, and the only way to avoid that is to pay.
You need to figure out how much you can spend on marketing so that you can tell people about your store and the services it will offer.
Australia’s Best Suppliers
Now that you know everything you need to know to start a dropshipping store in Australia, we’d like to suggest some top-rated suppliers to help your business do well.
AliExpress
AliExpress is an online store that connects reliable Chinese suppliers with Australian dropshippers. AliExpress is at the top of this list because it has so many things to offer. You can choose from a wide range of products and make a list of the most affordable ones. Both buyers and sellers are well protected.
If you use AliExpress, you can choose from more than 100 million products in every category. You can also use the Dropship Center, which lets you find information about the best products. Even though AliExpress doesn’t have a warehouse in Australia, it ships products quickly and easily, as you would expect from a reliable company.
Target Australia
Target Australia is a reliable supplier because it has more than 2000 physical stores. It has shown its worth in the U.S. by becoming one of the ten most important stores there.
It’s also known as a reliable supplier in Australia, and dropshippers can use a lot of the features it has to offer. Best of all, they ship items that cost more than AU$60 for free, and they can ship items within 24 hours. They also have an easy return policy for the first 60 days, which makes the platform very flexible.
Fast Factory
Factory Fast is the right idea for you if you’ve been looking for suppliers to help you choose products from multiple categories. You can choose from furniture, sports gear, tools for home improvement, and products for everyday life.
They are one of the most reliable suppliers for Australian dropshippers, and they give you an address book to make shipping go more smoothly and help you make a lot of money.
DHGate
With DHGate, you can find a wide range of dropshipping products and get direct access to them. It has a network of Chinese suppliers that makes the whole process run smoothly and make money. DHGate has a huge network of warehouses and has deals and discounts.
The platform has more than 20 million products, so you can choose from many different categories. You also get special deals, discounts, and offers for cash back. Like AliExpress, DHGate doesn’t have any warehouses in Australia, but that won’t hurt your experience when you work with them.
Catch
Catch is an Australian dropshipping company that sells a wide range of products, from electronics and home goods to fashion and beauty items. Their website is easy to use and makes it easy to find the right product for your needs. Their prices are also competitive.
As a dropshipper, Catch has great deals for you every day, and once you become a loyal customer, you get even more perks. You don’t have to call customer service to check on the status of an order when you use Catch.
Last Words
So, if you follow the tips above, it will be easy to start your dropshipping store in Australia. Dropshipping in Australia requires little money, has few risks, and has a lot of great benefits.
When you start a business in Australia, you need to find the right supplier and get to work so you can make money. No matter which supplier you choose, you should plan for your dropshipping business model and be ready to deal with all kinds of problems. But if you want to read more helpful blogs about eCommerce and dropshipping, you can check out the blogs on dropship-empire.