How to START Dropshipping and EARN Money in the Philippines, not Abroad?

How to Start Dropshipping in the Philippines?
How to Start Dropshipping in the Philippines?

How to Dropship in the Philippines

Today's article will discuss how you can start a dropshipping business in the Philippines. We will also answer basic questions about dropshipping, outline simple strategies you can put in place to make money online, and make dropshipping your online hustle.

What is Dropshipping?

Dropshipping is a form of business where you sell goods, but you don’t keep your products. The figure below is a process flow of how this business model works.

The dropshipping model

Dropshipping is a business with a high-profit margin, especially if you can find suppliers with good quality products at lower prices.

Where can you Find Products for dropshipping?

You can source products from any place in the world, but the cheapest is from China through Alibaba. And take note that Ali Express is different from Alibaba. And Alibaba is where you should transact if you want to get started with dropshipping in the Philippines.

Where you can Dropship? 

Or, where can you sell your products? You have four(4) big places online to sell your products. You have Facebook, Lazada, Shopee and now TikTok. These are social media platforms where you can connect with consumers and sell.

Among the four, TikTok is new to the list and it shows very good potential. The enormous growth of TikTok’s audience has given sellers the capacity to sell and make more money online.

How can you Get Started in dropshipping?

You can build your stores and negotiate with Suppliers yourself, which is a very good idea to save some of the overhead costs. But, it would be very technical and time-consuming. The second option is to subscribe on platforms like Dropify. It is the Filipino version of Shopify.

The big upside with subscribing to Dropify is you can instantly operate your stores after you register and pay for the subscription. Everything will be ready for you, all you need to do after you have your stores is to start selling. Shown below is one example of the subscription cost of one catalog, and the online platforms you can sell them to.

Dropify subscription catalog

Are you now Going to be a Millionaire?

Of course not. Take note, that this business model has been existing for a long time. This means that you have good competition out there. But, is it still profitable?

Of course yes. Though you have your competition, eCommerce continues to grow in the Philippines. Its growth is driven by the growing number of online consumers. This means that every day, more and more people are shopping on platforms like Lazada, Shopee, and TikTok. 

How can you Grow your Dropshipping in the Philippines?

Two simple strategies to help with your online success. You create social media content with what you are selling, or you run ads.

Strategies to make more money in dropshipping

Creating content with your products is the most affordable way to boost your dropshipping sales. It is also a good way to connect with consumers and establish your credibility as an online seller. If you sell shoes, you make videos about shoes on TikTok, Facebook, or YouTube, then invite your audience to shop at your online store. 

The second strategy is to run Ads on Social Media. Every successful online seller to date run some sort of Ad. If you have an online store, it is necessary you learn how to run Facebook Ads, or pay somebody else to do it for you. The competition is high in online selling, and running Ads on Social Media will get you back in the race to success.

But the most effective way to grow an online store is to execute both strategies. You make online content to increase your credibility as a seller, and you run ads to reach plenty of potential customers.

Final Thoughts, Dropshipping in the Philippines

Those were the basics of dropshipping in the Philippines.  With a proper attitude and dedication, it can be a very profitable source of income. As proof that this type of business is booming, you can search for any product in Lazada or Shopee, take a look at the number of products sold, and how much it costs in the Philippines. Then search for the exact product in Alibaba. This will give you an idea of how much these business owners are making every time they sell a product from China through Alibaba.

The profit will surprise you. Thus, maybe it's time you start to dropship in the Philippines.