Drop Shipping Business Plan

I. Executive Summary

1.1 Introduction

Although brick-and-mortar retail stores have been slow to keep up, e-commerce has experienced tremendous growth in the past decade. Based on a recent report by the U.S. Census Bureau, U.S. retail e-commerce expanded by 1.6% from Q3 to Q4 of 2021 and by 10.4% compared to the same quarter in 2020. Dropshipping has made it easy to sell and purchase goods without keeping them in stores physically. Due to the rapid transformation of the world and the proliferation of digitalization, millions of entrepreneurs flock to dropshipping because it has low barriers to entry and requires less money to launch.

[Company Name] aims to become a top-tier dropshipping platform that caters to both new and experienced e-commerce entrepreneurs. By connecting retailers and wholesale suppliers, the company will create a seamless link that ensures the success of its clients and helps them achieve their e-commerce goals. The Company will go the extra mile to vet all dropshipping suppliers to ensure they supply quality products. By acting as an intermediary, the company’s dropshipping platform will provide various functionalities to support online business, such as access to wholesale suppliers, automation, integrations, and data management. The Company’s platform will also be a powerful drop shipping supplier directory and a hassle-free listing tool that will enable clients to discover and add products to the store easily.  

1.2 Founder Information

[Company Name] will be led by [Founder’s name], who is a result-oriented, self-motivated, and resourceful professional with years of experience in the drop shipping industry, along with client retention and cost control. He has excellent managerial and leadership skills that are well-suited to manage the company and a track record of further strengthening management teams to bring in greater efficiencies that will, in turn, increase the company’s profitability. He fully understands the target market, the underlying principles of the sector, the business model, its best practices, and the essential growth parameters of the company.  

1.3 Target Customer

[Company Name] will be led by [Founder’s name], who is a result-oriented, self-motivated, and resourceful professional with years of experience in the drop shipping industry, along with client retention and cost control. He has excellent managerial and leadership skills that are well-suited to manage the company and a track record of further strengthening management teams to bring in greater efficiencies that will, in turn, increase the company’s profitability. He fully understands the target market, the underlying principles of the sector, the business model, its best practices, and the essential growth parameters of the company.

1.4 Why Us

Ease of use – The Company’s dropshipping platform will be user-friendly and easy to use, even for those who have no prior experience with e-commerce. The Company will provide its customers with tools and resources to help them set up their stores, manage products and fulfill orders.

Flexibility– The Company will provide its clients with the flexibility of managing their business around their lifestyle, which is especially appealing to those who want to work from home or have other commitments.

Wide range of products –The Company’s dropshipping platform will offer a wide range of products from different suppliers, giving access to a vast inventory without having to manage it, which means that businesses can offer a broader range of products to their customers without the risk of overstocking or understocking.

Automated solutions –The Company’s platform will also provide automated solutions through RPA (Robotic Process Automation) to synch inventory, orders, and tracking.

1.5 Financial Highlights

Financial Highlights
Strategic Business Plans