Dropshipping Vs Leebykart Dropshipping Franchise
Before diving into the world of dropshipping franchises, it's essential to grasp the fundamentals of e-commerce and dropshipping.
E-commerce, or electronic commerce, is the buying and selling of goods and services online. It encompasses a wide range of activities like owning and managing inventory, handles shipping and higher risk due to inventory investment.
On the other hand, Dropshipping is a business model where a retailer sells products without holding any inventory. When a customer places an order, the retailer forwards the order to a third-party supplier who then ships the product directly to the customer. This eliminates the need for the retailer to handle inventory, packaging, and shipping.
How the Leebykart Dropshipping Franchise Works
Enroll With Leebykart:
After joining the Leebykart franchise, you become a virtual supplier.
You can then offer dropshipping services to other businesses.
Onboard Sellers:
Offer Dropshipping services to sellers who want to start their own online stores without managing inventory.
Provide them with the tools and support they need to succeed.
Receive Orders:
When a seller's customer places an order, the seller forwards the order details to you.
Forward Order Details:
You then send the order details to Leebykart.
Leebykart Fulfillment:
Leebykart handles the entire fulfillment process:
Packing the product
Shipping the product directly to the customer
Enjoy the Benefits:
As a franchisee, you earn a commission on each order fulfilled through your sellers.
You benefit from Leebykart's established infrastructure and expertise in dropshipping.
Leebykart's dropshipping franchise differs from traditional dropshipping in several key ways, primarily through added support, infrastructure, and business advantages. Here’s a comparison:
1. Business Setup and Support
Leebykart Dropshipping Franchise: Leebykart provides a ready-made e-commerce website, domain, hosting, social media setup, and marketing support as part of the franchise package. This infrastructure enables franchisees to focus on business growth without worrying about the technical aspects.
Traditional Dropshipping: In traditional dropshipping, you are responsible for setting up your own website, choosing a platform, managing hosting, and handling all other technical components independently.
2. Leads and Marketing
Leebykart Dropshipping Franchise: Franchisees receive a monthly allotment of upto 500 free leads, which helps in attracting potential customers and growing the business. Leebykart also offers ongoing marketing support to ensure visibility and customer acquisition.
Traditional Dropshipping: Marketing is entirely the responsibility of the individual entrepreneur. You need to invest time and money in building your brand, generating leads, and running ad campaigns without any external assistance.
3. Revenue Sharing and Profits
Leebykart Dropshipping Franchise: Franchisees share their profits on service fee with Leebykart. However, franchisees are not required to renew their license until they achieve a profit of 5X of the investment.
Traditional Dropshipping: In traditional dropshipping, the profits are entirely yours to keep, but all the risks, including marketing, customer acquisition, and operational costs, are also your responsibility.
4. Ongoing Support and Scalability
Leebykart Dropshipping Franchise: Franchisees benefit from ongoing operational support, mentorship, and a network that helps them scale their business faster and with reduced risk. This provides a structured framework for scaling the business.
Traditional Dropshipping: Traditional dropshipping relies on self-education and personal initiative. There’s no direct support, which makes scaling more challenging, especially without prior experience.
5. Upfront Costs and Risk
Leebykart Dropshipping Franchise: A low entry cost of INR 49,998 is required, covering all necessary tools and resources to get started, with a smaller initial registration fee of INR 4,999.
Traditional Dropshipping: The costs in traditional dropshipping can vary widely based on your choice of platform, suppliers, and marketing efforts, with no bundled resources or guaranteed support.