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How to get fast and cheap drosphipping products and sell to Shopee Malaysia
Hi guys I am Weng Honn here , so a lot of Shopee dropshipper complaints to me that it is very hard to compete with the low price sellers.
So , in this video I will share some tricks with you guys How to get fast and cheap drosphipping products and sell to Shopee Malaysia.
Before we start ,I would like to share this with you guys , after talking to so many dropshippers big and small sellers , we all agree that platform such as Shopee , is just serve as a platform to display our products.
The end goal will be establishing our own brand and selling it on a stand alone store such as using shopline , shopify or whatever hosting that is available in the market.
This is to avoid putting your head into the price war in the marketplace .
Ok , I will talk about this on a separate topics . In this video lets us focus back at How to get fast and cheap drosphipping products and sell to Shopee Malaysia
The very first thing that we want to look at is how can they get the products at such low price?
The obvious answer will be the products are from China.
They buy in huge bulk
They might be the main wholesaler or the manufacturer themselves.
They dropship from 1688 or others big china wholesale website.
So , these are the 4 possibility where they can get the products as such dirt cheap price.
And this also means that in order for you to get the products at their price , these are the things that you can do . Apart from being the main wholesaler or manufacturer , the only thing that you can do is buy bulk products from China or dropship from website like 1688 .
I mean you can also dropship from places like aliexpress , but the problem of using aliexpress to dropship to Malaysia is that you will not get to have the options of selecting only the fast shipping suppliers like the US .
So , literally , you need to select one by one of the supplier to check the delivery time.And out 20 , you will get 1-2 that can ship within 20 days , which is considered fast and consumer can accept.
For those that think that no Malaysian will want to buy long shipping duration products , my only comment to you is that , there are thousands of sellers are selling preorder dropshippping products on Shopee Malaysia ,and there are earning hundreds over thousands every single month.
Thousands of products sold every single month.
Of course products selection is very important . As a consumer , what sort of products that you can wait for like 2 to 3 weeks for it to arrive?
Mostly non-essential products like clothes , jeans , facial mask , gadgets etc.
And another advantage that consumer will get when buying from these long shipping duration products will be , they can get it with a cheaper price.So , if the products is not an urgent needed products , and you can get it for a cheaper price why not ?
There are couple of ways that you can buy from dropshp supplier like 1688 , Taobao and Ali . The way that I use is buy through CJ dropshipping as the shipping is much more faster.
With this type of dropshipping business model, Shopee is just serve as a platform to display your products. We will not use any of the Shopee supported logistic . We will select others as Shipping method.
Give you guys an example , let say we want to dropship this Earpod Wireless Earphone Air Pods Ear Phone TWS Bluetooth , which is a very hot products in Shopee Malaysi . Btw , I choose this product is just for demo purpose ya , and I am pretty sure this price is one of the cheapest in Shopee , if it is not the cheapest .So , I doubt that we can get something as cheap as this , but if we get it then is a bonus.
Let us go through how we can get such products fast and cheap and dropship it to Shopee.
Lets choose black colour , it is selling at RM17.99 .
Let us dig abit deeper on how long has this products already in Shopee.
this product is actually already in shopee since 2019-10-18 so already 1 year plus . if you want to sell this products I doubt that you can keep up with this big sellers that already have 5,724 sales.Even if you are selling cheaper then them , a lot of marketing effort need to be done , if you want to compete with this seller.
so this is the exact products at this store just to show you guys that it is the same shop and same products .
So , I just use this as an example only. You will need to do your own research for the products that you want to dropship.
Lets us check what is the price that is selling at 1688 , and also how much is the shipping, so that we can know the total cost.
Just type in Inpods 12 here. Lets just choose this .
You can Translate it to English if you want , choose black colour.
So the cost for one unit is 14.50 yuan. Which is RM8.95
Lets us check how much and how long is the shipping.
You just need to go to cj dropshipping calculator to count . I will put the link down below this video.
For those that want to learn how to buy from cj dropshipping I have ,created a video on how to buy from cj dropshipping , I have leave the link below this video, kindly refer to it.
At the platform just leave it blank.ship from china , destination country Malaysia.
Postcode I will just put kl .You can leave it blank if you want , cj will auto calculate for you , if you want to select a specific area then you can put the post code.Country to country it will be the same.
Attribute will be electronic products .
Then put in the weight and others measurement of the products.
Shipping method just leave it as All.
Then click on count.so for shipping pricing and duration the most reasonable want will be cj packet Jl express 3.94 usd. Now , lets add up all the cost the shipping plus the products cost.so the total cost to sell this product is RM 8.95 +RM 15.90= 24.85. take note that part of this shipping cost will actually paid by the buyer .
Well I will say is a very good pricing , as we do not need to buy in bulk we also can get such low pricing .
Next lets check how long is the duration if we buy from this shopee sellers.so it takes about 7 – 14 days which are very similar when we buy from cj which are 3-18 days .
As you can see the shipping is RM 6 so total will be RM23.99 .
Our total cost price + shipping is RM 24.85. if we minus the shipping RM 6 where it bear by our buyers , our cost is RM 18.85 plus cj fees about 5% ,so our total cost will be RM19.85 .
You may want to sell it at Rm 22 to Rm 23 . You have to really do your products research , check pricing on Shopee plus total cost from 1688 and cj , then only you want to decide to list it up on Shopee. There are tonnes of same products with difference pricing that you can go for . for example this ,11.30 yuan compare with the previous want that we choose which is 14.50 yuan .
Drosphipping is all about products research , price comparison and products variation for the niche that you are working on. Ok .
For those that want to learn how to buy from cj dropshipping I have leave the link below this video, kindly refer to it.