Dropshipping can be quite profitable, especially with the recent growth of online retailing. Here in this post, we’re going to give you a breakdown of the steps to start dropshipping in Nigeria. Before we do that, however, let’s look at the pros and cons of starting a dropshipping outlet in Nigeria.
Easy to start – Because you aren’t dealing with warehousing and stocking up inventory, dropshipping is relatively easy to start. All you need is an online outlet, a supplier, and a product niche and you’re good to go.
Low capital investment – Dropshipping doesn’t require much monetary investment to startup. Funds that would usually be used to set up warehouses and purchase goods do not come into play when establishing a dropshipping outlet.
Low maintenance cost – without inventory, equipment, and a warehouse, there is little need for maintenance. You could run your dropshipping outlet on your laptop from the comfort of your home. Also, additional expenditures like rent and wages are avoided.