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What is the Best Business Model, Conventional Ecommerce or Drop Shipping?

What is the Best Business Model, Conventional Ecommerce or Drop Shipping?

by | May 27, 2021 | Business, Drop Shipping, Ecommerce

Deezweb Internet Marketing is one of the prominent and Leading ECommerce Website Development and Designing Companies in Delhi NCR. At Deezweb Internet Marketing, we provide services in varied spheres of technology including Website Designing, Digital Marketing, ECommerce Solutions, Mobile Application Development, and PPC Management. We are also one of the best e-commerce Portal Designing Companies in Delhi and in India as well.

 

Conventional Types of Ecommerce Business Models:

 

What is E-commerce?

E-commerce stands for Electronic Commerce or Internet Commerce. ECommerce deals with the sale and purchase of goods and services online. It also comprises online money transactions and data exchange. The customer browses through the catalog of items or services available with the online seller, selects the item or service as per his/her requirement, provides delivery address details, and makes payment through the different payment options provided. Currently, ECommerce is a blooming industry bringing the world closer due to its wide reach. ECommerce has been classified into four categories based on the end-users of the application.

 

Four Traditional E-commerce Business Models.

 

Business to Business:

It refers to the online transaction between two businesses. The end customer is not a part of this ECommerce transaction.
In a B2B business model, a business offers its product or administration to another business. Here and there the purchaser is the end client, yet regularly the purchaser exchanges with the customer. The B2B model by and large means a more drawn-out deals cycle, however higher request worth, and all the more repeating buys. Ongoing B2B innovators have made a spot for themselves by supplanting indexes and request sheets with e-commerce customer-facing facades and improved focusing in specialty markets.

 

Business to Consumer:

It refers to the online transaction between a business and a customer directly.
B2C organizations offer to their end clients. B2C is the most well-known business model, so there are numerous remarkable methodologies under this umbrella. Anything you purchase online as a purchaser — think closet, family supplies, amusement — is done as a major aspect of a B2C exchange.

The basic leadership process for a B2C buy is a lot shorter than a business-to-business (B2B) buys, particularly for things that have lower esteem. Consider it: it’s a lot simpler for you to choose another pair of sneakers than for your organization to vet and buy another email specialist co-op or nourishment food provider.

Due to this shorter deals cycle, B2C organizations normally spend less showcasing dollars to make a deal, yet besides having lower normal request esteem and fewer repeating requests than their B2B partners. What’s more, B2C doesn’t just incorporate products, however, benefits too. B2C trend-setters have utilized innovation like portable applications, local promoting, and re-marketing to showcase legitimately to their clients and make their lives simpler simultaneously.

 

Consumer to Consumer:

It refers to the online selling and buying of used goods between two customers. No company is part of this transaction.

A C2C business associates buyers to trade products and enterprises and normally make their cash by charging exchange or listing expenses. Organizations like Craigslist and eBay spearheaded this model at the beginning of the web. C2C organizations profit by self-moved development by spurred purchasers and merchants, however, they face a key test in quality control and innovation upkeep. Pioneers like GOAT have made novel answers for quality control, and Depop has utilized online life for quick C2C development.

Envision a business model where you should simply make an e-commerce brand and spotlight on selling stuff while an outsider handles the stock, delivery, and fulfillment.

Likewise? You don’t pay for the product until the client puts in a request for it. Dropshipping is an online business model with likely minimal hindrances to the section which pulls in learners and experts the same to choose a specialty, make a brand, market, and profit. In case you’re new to this field of online business and need to find out about what is Dropshipping, how Dropshipping works, and how you can begin a Dropshipping business in 2021, you’re at the opportune spot. Here’s a finished guide clarifying everything about the Dropshipping business model.

 

Consumer to Business:

It refers to the online transactions between a customer and a business wherein a customer provides services to the business.
C2B organizations enable people to offer products and enterprises to organizations. In this e-commerce model, a webpage may enable clients to post the work they need to be finished and have organizations offered the chance. Member advertising administrations would likewise be considered C2B. Elance (presently Upwork) was early pioneers in this model by helping organizations enlist consultants.

The C2B e-commerce model’s focused edge is in evaluating merchandise and enterprises. This methodology enables shoppers to name their costs or have organizations straightforwardly contend to address their issues. Ongoing innovators have imaginatively utilized this model to associate organizations with social influencers to advertise their products.

 

Advantages of ECommerce:

ECommerce facilitates the sale and purchase of goods and services irrespective of the geographical location of the seller or the customer.
It ensures faster delivery of goods and services with minimal effort from the customer. The customer grievances are also sorted out faster.
The application is functional 24/7 and allows for an unperturbed shopping experience.

 

Disadvantages of ECommerce:

The cost involved in setting up and maintaining an ECommerce business is very high.
Security of customer information is another major concern that needs to be addressed in the ECommerce application.
Operational challenges like problems in shipping, wrong deliveries, late deliveries, etc. have to be taken care of in order to attain complete customer satisfaction.

 

What is dropshipping?

Dropshipping is an online business model dependent on a request fulfillment system where the vendor records products on his site, markets them, and takes the requests under his image yet doesn’t keep stock or handle the delivery and fulfillment of the product. Or maybe, it buys the product from the outsider when a client makes a buy and makes them dispatch legitimately to the client. A case of a Dropshipping site could be an e-commerce store managing in automatons and automaton extras. The store takes the requests under its very own image yet the real delivery is conveyed by Aliexpress.

Dropshipping refers to the business model wherein the business fulfills the order without keeping the goods in stock. When the customer places an order for a product with the business, the order is redirected to a supplier who in turn supplies the ordered goods. In short, dropshipping simply facilitates a commercial transaction between a supplier and a customer. It provides suppliers extra business with minimal cost and effort. However, the dropshipping company’s reputation is completely dependent on the quality of the goods or services provided by the supplier. Therefore, it is very essential for the business to find the right suppliers providing quality goods/services at affordable prices.

Dropshipping-business-model

Advantages of Dropshipping:

Minimal investment is required to start the business as no products and inventory are purchased beforehand.
The business can be run from any geographical location with an internet connection. The retailer should be in contact with the supplier and the customer all the time in order to manage his/her business effectively.
A wide variety of products can be offered to potential customers as the products need not be physically available with the business at that point in time.
The scalability of the dropshipping business is easy and the load is shared by the suppliers.
A Dropshipping store looks precisely like some other conventional e-commerce store yet doesn’t bear every one of the dangers engaged with running an online business store.

 

Dropshipping is easy to start, manage, and grow

To begin a beneficial Dropshipping business, you should simply locate a gainful and not focused specialty, a great provider, a site, and some advertising aptitudes. You don’t require a stockroom to store the things or associations with the conveyance organizations to deal with the fulfillment. All that is finished by the provider you’ll arrange from.

 

Dropshipping involves very less investment

The majority of the venture a Dropshipping store requires is through promoting and marking. This speculation is only the extent of what an undeniable e-commerce store that additionally handles fulfillment requires.

 

The area of the merchant doesn’t affect the business

You could be sitting in your condo in India while your clients from the US request the products which will be satisfied with China. Your area doesn’t generally make a difference as you don’t deal with the conveyance.

 

Dealer doesn’t have to deal with the unsold inventory

As you don’t need to manage the genuine product, there’s no weight on the most proficient method to manage the unsold stock.

 

Dropshipping involves very fewer losses

Regardless of whether your Dropshipping business neglects to get footing and more deals, you won’t endure a lot of misfortune as there was very little interest in any case.

 

How dropshipping function?

The Dropshipping procedure is extremely straightforward. You’ve just gotten a review of how Dropshipping functions, yet here’s a definite clarification for you to show signs of improvement comprehension and dispatch your very own Dropshipping store.

 

Disadvantages of Dropshipping:

The profit margins in the dropshipping business are minimal due to heavy competition in the market.
As the business does not maintain its own inventory, it becomes difficult to manage and keep track of the inventory obtained from the supplier.
The shipping issues and charges should be discussed with the suppliers from time to time.
If the quality of the products provided by a supplier is low, the business needs to take responsibility for the same in case of a customer complaint.

 

ecommerce-marketplace-vs-dropship-model

 

Difference between ECommerce business and a Dropshipping business.

ECommerce Marketplaces are specifically consumer-centric businesses where different brands can market and sell their products along with other brands. However, the Dropshipping business focuses on marketing specific goods from different suppliers by the retailers.

ECommerce Marketplaces have a specific quantity of goods in stock. They carry out detailed market research and zero in on the number of products and the inventory to be maintained at any given time. Dropshipping businesses do not maintain any products or inventory till an order is received.

The initial capital investment for an ECommerce business is quite high compared to the Dropshipping business. ECommerce businesses invest in warehouses for product storage, inventory, etc. Dropshipping businesses do not invest in any of these and hence it is a low investment business.

ECommerce businesses have higher profit margins compared to Dropshipping businesses. Once the business gets a clear idea of the demand for a specific product, it can reduce its money spent on stock accordingly and hence maximize profits.

The ECommerce business has greater control over the order fulfillment process as it allows the business to customize its services offered to the customer. However, in the Dropshipping business, the retailer has no control over the speed, cost, and quality of the services provided as it is taken care of by the respective supplier.

Although there are a number of pros and cons for both ECommerce and Dropshipping business, it is not a wise decision to enter into the dropshipping business without proper market research. It is very important to have a number of suppliers who adhere to high standards. As the retail dropshipping business is responsible for customer interaction, it is answerable to the customer in case of any grievance. Customer care service is another issue that should be discussed with the suppliers when starting the business. The business should also ensure that the suppliers maintain certain stock so that order fulfillment is possible at any given time.

In conclusion, dropshipping can be profitable for suppliers, retailers, and customers if it is implemented in a well-designed manner. If you are contemplating, getting into the dropshipping business, it is advisable to not get into dropshipping completely but to use the model as a part of a larger ECommerce retail model in order to get more customers.

Meditation for Beginners (And Why You Might Want to Give it a Try)

Meditation for Beginners (And Why You Might Want to Give it a Try)

by | Dec 26, 2018 | Life, Meditation, Self Improvement

When many people think of meditation, they often imagine monks and monasteries. In short, there are several myths surrounding the practice of meditation, to the point where it can be difficult to figure out whether there’s actually any real value to meditating, let alone how to go about it.

In reality, meditation is a legitimate practice that carries several benefits, and you certainly don’t have to be a monk to do it. For example, meditation can help reduce your stress levels. In this article, we’ll show you how meditation works and discuss its benefits. We’ll also guide you through a simple meditation exercise you can try at home.

Let’s get to it!

Introducing the Concept of Meditation

The first thing we need to clear up is there’s more than one type of meditation. For example, there’s Zen meditation, which attempts to gain insight into “the nature of existence”. You also have Kundalini yoga, which is a type of meditation that incorporates movement. Another popular type is mindfulness meditation, which is intended to help you become more aware of your surroundings and each moment.

If you’ve never dipped your foot into the field of meditation before, this can all sound a little confusing. However, you don’t need to concern yourself with studying the different types of meditation right away. For now, suffice it to say most ‘styles’ of meditation share a few common characteristics:

  • Finding a comfortable position with your eyes closed.
  • Focusing on your breath.
  • Not letting your thoughts get away from you.

Most types of meditation take place in a sitting position, but this can differ. Although the techniques may change, meditation’s ultimate goal is usually to achieve mental clarity and calmness. Regardless of who you are, those are probably two things you can stand to benefit a lot from in your day-to-day life.

In fact, anyone can incorporate basic meditation techniques into their life and reap its rewards. Even if you can only spare ten minutes of your day, that can be enough to sit down, focus on your breath, and try to reach a state of mental clarity.

Why You Should Try Meditating

Meditation isn’t going to give you superpowers, nor is it a magical remedy for physical or psychological ailments. However, several studies have shown there are concrete benefits to practicing meditation. For example:

Overall, you can think of meditation as a skill you can practice to improve self-discipline and better manage your emotions. What you get from meditation may vary depending on your personality and the types of exercises you practice.

If you’re struggling to pick up meditation, there are a lot of cool apps that can help you get started. Meditation and tech seem like an odd match, but we’ve personally tried a couple of these and found them to our liking, such as:

  1. Headspace (Premium with a free trial available): This app guides you through daily meditation exercises for specific purposes, such as dealing with anxiety. The narrator’s voice is smooth as butter, and you can choose how long each session lasts.
  2. The Mindfulness App (Premium with a free trial available): Like our previous pick, this app also guides you through a broad library of daily meditation exercises. However, it also integrates with several health apps, which makes a great option if you like to track your numbers.

Before we proceed, we should also point out that meditation certainly isn’t for everyone. However, we recommend you give it a chance without skepticism or expectations that are either too high or low. Instead, give it a shot as you would a mental exercise and stick with it for a few days to see if it can help you.

Meditation for Beginners (3 Steps to Get Started)

As we mentioned before, there are a lot of types of meditation you can try out for size. For this section, we’re going to go over a simple mindful meditation exercise that’s perfect for beginners. That way, you can try it on for size (hopefully several days in a row) and see if meditation is your thing.

Step #1: Find a Comfortable Place to Sit

The first thing that pops to mind when you think about meditation is a guy sitting down with his legs crossed and both palms together. That’s a perfectly valid meditation posture, but it’s far from the only one.

To give you an idea of the possibilities, check out some of the most common meditation poses. If this is your first time meditating, we recommend you keep it simple and stick with a chair or sit on a pillow. That way, it’ll be easier for you get comfortable, which will make it easier to meditate for longer periods of time.

Regardless of which position you choose, posture is essential when it comes to meditation. To get this right, here’s what you should keep in mind:

  • Keep your back as straight as possible.
  • Find a comfortable position for your hands, such as resting them atop your knees.
  • Relax your shoulders back.
  • Tilt your head down a bit, so it stays in a natural position.

Most popular meditation postures stick to those fundamentals. What usually changes is how you position your legs and hands, but you can get creative once you have a little practice under your belt.

Finally, it helps a lot if you can find a place that’s somewhat quiet for you to meditate. One of the tenets of meditation is learning how to keep your mind from wandering, but at the start, that’s considerably more difficult if someone is blasting Metallica from down the hall.

Step #2: Focus on Your Breath and Body

The primary technique used in mindful meditation is to focus on your breath and the way your body feels. Focusing on your breathing gives you something to rest your mind on, making it easier to concentrate.

Being conscious about the way your body feels, on the other hand, is all about exercising awareness. The idea is that concentrating on the way your body feels will center you at the moment, just as your breath does.

At this stage, you should be sitting comfortably in the pose we described during step number one. Now, take note of these steps and keep them in mind as you move forward:

  1. Close your eyes slowly and continue to focus on your breath.
  2. Breathe in through your nose and exhale through the mouth.
  3. Starting from the bottom of your body, ‘scan’ each of your limbs. Stop for ten seconds to become aware of it, and make your way up. You should do this without moving.

In practice, this process should serve to calm you down and clear your mind. In our experience, when you’re new to meditating, it’s natural to be a bit twitchy and restless. However, by focusing on each part of your body, you’re training yourself to concentrate on something other than external stimuli. By the time you’re done, you should be feeling much calmer.

Step #3: Try to Keep Your Mind from Wandering for at Least 10 Minutes

This is where things get tricky. The goal of mindfulness meditation is for you to become more aware – or mindful – of your surroundings and the way you interact with your thoughts.

At this stage, you should be sitting down, with your eyes closed (well, not right now) and breathing in an out slowly. Getting to that stage was the easy part, though. Now, you want to remain in that position, breathing in and out for at least ten minutes, which is a good length for a short session.

The problem is, when we’re still, our minds are built to wander away into random thoughts. You’ll find yourself thinking about errands you have to run, that fight you had back in third grade, emails you need to respond to, and pretty much everything in between.

Instead of telling you to ‘clear your mind’, let’s approach this more methodically. Here’s what you should do to get through those ten minutes:

  • Keep focusing on your breath and the way your body feels.
  • Pay attention to the sounds and smells around you and remain aware of them, all while staying in the same position.
  • Whenever you feel your mind wandering, acknowledge it, and try to ‘pull back’ to your breath.

That last part is the one that takes the longest to master. Most people still struggle with it even after they’ve been meditating for a while. The trick is not to let it frustrate you when your mind wanders. Instead, be mindful when it happens and pull yourself back when you notice. At all points, your breath should be the anchor that keeps you centered in your session.

If you want to, you can set a timer to tell you when your ‘time’ is up. Alternatively, you can wing it and see how long it feels comfortable for you to meditate. In any case, don’t go for a loud alarm since you don’t want to spoil your mood by being jolted out of it right after a good session.

In our experience, even a short meditation session can help clear your mind and increase productivity. It’s not magic, though, so the way you feel right after may vary depending on how well the session went. However, with a little practice, you should soon see both short- and long-term benefits to meditating!

Conclusion

On paper, meditation might not sound all that complicated. You sit down and clear your mind, which is easy, right? The thing is, getting to the point where you be mindfully aware of your thoughts and focus entirely on your body requires a lot of practice. However, you don’t need to be a meditation guru to start reaping its benefits, such as reduced anxiety and an improved attention span.

In this short guide in meditation for beginners, we’ve outlined these steps for your first exercise:

  1. Find a comfortable place to sit.
  2. Focus on your breath and body.
  3. Try and keep your mind from wandering for at least 10 minutes.

Have you ever tried meditating? Tell us how it went for you in the comments section below!

 

How to Stop Comparing Yourself to Others

How to Stop Comparing Yourself to Others

by | Dec 13, 2018 | Life, Self Improvement

Sometimes, we fall into the trap of being jealous of someone else’s success instead of celebrating it. This doesn’t make us bad people, but does mean we could put too much stock in comparing ourselves with others. Quite frankly, this is a surefire way to make yourself feel terrible.

Learning how to stop comparing yourself to others is a skill you need to cultivate if you want to live a fulfilling life, both in and out of the office. In this article, we’ll talk more about why comparing yourself to others can be such a bad thing for you. Then we’ll discuss three steps you can follow to eliminate this behavior from your life.

Let’s talk self-improvement!

What Makes Comparisons So Essential to Your Progress

In short, being able to make comparisons is one of the most efficient ways of gauging progress. For example, it’s usually a smart move to compare your salary with what other people in similar positions and locations are earning. Without those comparison points, you can’t ascertain if you’re getting paid what you’re worth.

Of course, the counter-argument here is that as long as you make enough money to live well, making comparisons is unwarranted. However, using data to make smarter decisions is, well, smart – and comparisons are a key part of the process.

To put it another way, comparing yourself to other people can be a valuable skill to determine what improvements you need to make to your own life. It can also provide you with an assessment of your own career’s progress. However, what you shouldn’t do is let those comparisons alone dictate your mindset and planning, which we’ll talk more about next.

Why You Shouldn’t Compare Yourself to Others

Although comparisons are a natural part of life, they’re also something that can affect you negatively. For example, imagine having a colleague (let’s call him John), who’s handsome, funny, fantastic at his job, well-liked, and even a badass guitar player.

Of course, John is amazing, but unfortunately, few people can live up to the standard. If you let yourself fall into the trap of comparing yourself with him, it’s not going to be fun for you. Depending on your mindset, these comparisons can make you feel insecure, affect your work, and even sour your relationship itself with John. Over time, these constant comparisons can breed resentment, which is obviously something you don’t want to happen.

The thing is, there’s nothing wrong with wanting to be as amazing a guy as John is. However, there’s a difference between striving to be a better person in general and wanting to become better than someone else. With the former, there’s no pressure, because as long as you’re working on improving yourself, you’ll always be on the right track. However, if you use someone else’s situation as your goalposts, you’ll constantly feel bad if you’re not up to their level.

In other words, striving to achieve more than you did yesterday is a better goal than looking to be better than someone else, mainly because the former is totally within your control. Let’s talk more about how to do so.

How to Stop Comparing Yourself to Others (in 3 Steps)

If you’re worried that this next section will simply be a lecture don’t be. We’re also going to help you figure out how to stop comparing yourself to others, since just like John, we’re cool like that!

Step #1: Take Stock of Your Strengths and Weaknesses

As cool as John may be, we’re willing to bet there’s at least one area in life where you’re more skilled than he is. Maybe you’re a talented programmer or you have an amazing eye for design.

Conversely, there’s probably skills or parts of your life needing a bit of improvement. However, this is nothing to feel bad about, since we’re all works in progress.

At this stage, you should make an honest assessment of your strengths and weaknesses, and the medium (such as on your computer, or using pen and paper) is up to you. When finished, you should have a clear picture of what your skill set looks like. With this information, you’ll know what areas you need to improve, so you can stop comparing yourself to other people.

If you’re having problems with this step, here are some tips to help get the ball rolling:

    • Ask your friends or coworkers for their honest assessment of your strengths and weaknesses.
    • Remain open to constructive feedback – and don’t take it personally.
    • Take note of everything you’re told, then ask yourself if you think those assessments are accurate.

Receiving feedback from the people around you can be a humbling experience. However, it can also lay the groundwork for improving yourself, so it’s almost always a smart move.

Step #2: Make a Mental Note When You Compare Yourself to Others

At this stage, you should have an accurate idea of your personal pros and cons. This means you can get to work on improving yourself any way you see fit. However, you also need to avoid comparing yourself to others so you don’t become frustrated with the process.

For a lot of us, controlling and changing how we think can be one of the most difficult tasks to achieve. To give you an example, imagine you’re on a diet and you have a craving for a big, tasty chocolate cake. As you may be aware, ignoring this craving takes a lot of willpower. The approach in this instance is to acknowledge your craving, then think about how the indulgence would set you back in your goals.

The same can be applied to comparisons. One method that may help is to simply note whenever you find you’re making comparisons with someone else. Just the act of acknowledging it can be enough to help you break out of the habit, and you can even rope your friends in for support too.

We can apply the same approach to negative comparisons. When you feel upset because you’re not at someone else’s level, make a note of it, give yourself a quick telling off over your thoughts aren’t helpful, then get on with your day. After all, being productive rather than feeling sorry for yourself is always a better alternative.

Step #3: Focus on Improving Yourself Gradually

The key (and arguably best way) to avoiding comparisons of yourself with others is to try and improve constantly. Since you’ve already discovered your weaknesses, you have a set of areas to begin improving, and some goals to reach.

For example, if you’re a chronic procrastinator, you can try and exercise self-discipline each day to avoid wasting time. If planned and implemented correctly, this process should become a habit, essentially achieving the improvement you set out to accomplish.

The knock-on effect is that eventually, you’ll have no need to compare yourself to others as you’ll have hopefully recognized the effort you’ve put into improving yourself. However, it’s important to understand that this process takes time – sometimes years – regardless of the specific aspect of improvement.

Also, bear in mind that if you become frustrated, you’re more likely to revert to your old patterns. To combat this, take the time to simply appreciate each success you make. Each day you go without procrastinating, for example, is an opportunity to pat yourself on the back. You could also give yourself milestones, and reward yourself at each point.

Ultimately, when you accomplish something you set out to do, you deserve to feel good about it. Over time, these small successes should help boost your confidence, and stop you from comparing yourself with others.

Conclusion

It’s only natural you compare yourself with others. After all, some things are only evident through comparison. However, falling into a pattern where you constantly feel bad about where you are in life in comparison to others can be toxic. This goes both for yourself and for those relationships.

Learning how to stop comparing yourself to others is one of the best ways to lead a less stressful life, and here are three steps to help you get there:

  1. Take stock of your strengths and weaknesses.
  2. Make a mental note when you compare yourself to others.
  3. Focus on improving yourself gradually (and appreciate your successes).

Do you have any questions about how to stop comparing yourself to others? Ask away in the comments section below!