KEKC got the request from one EU-based company that was interested in the best-matching dropshipping model for its international trade business. The task was to find reliable suppliers, hit the proper niche with these goods, and increase global outreach through our channels and network.
Our experts undertook deep research first to understand all the business goals to reach and which steps for this purpose to perform. The dropshipping model should cover the A-to-Z business crafting with the help of our specialists.
What Was Done by the KEKC Team?
To meet the client’s goal and develop the best-matching dropshipping model to go to the market with it and run the business globally, our specialists fulfilled the following processes & cycles:
1
We picked sides with the critically important aspects (the niche, the regions & markets, target audiences, the volume of goods, the type of the company, etc.). KEKC cooperates with different business representatives including sole proprietorship and general/limited partnership. But our client decided to run an international trade business as a limited liability company.
2
Our analysts undertook all necessary research studies and other analytical work to draw up the strategy for the dropshipping model. For example, the EU-based company decided to add some products to the stop list and deny selling these goods in the future because of the high competition in the micro-niche we found.
3
We design the best-matching distribution channels and opportunities for the network in the context of the dropshipping model. The well-defined plan included detailed roles, agreement templates, procurement prices, all the profit & loss balances, responsibilities, payment systems, etc.
Finally, our client had an easy start with dropshipping. Our team helped with all the stages of this business development. The first month brought high conversions (+21%) on the website and ever-rising revenues from sales (about $225.000 total pool for the first month).