Starting an online business is an excellent opportunity for entrepreneurs to earn huge money. When it comes to digital business, many ideas come into our minds. If you are planning to open an e-commerce store, then without much investment, you can sell any products online.
Now, you might be wondering that you need to stock some products before you sell them, but you do not have enough space.
There is another alternative, i.e., you can sell online without spending any money on the stocking. The business through which you can directly sell your products on your site is Dropshipping.
It is another fantastic idea that you can think of. In Malaysia, there is a huge scope in this business. Let us discuss Dropshipping in detail, along with suppliers in this country.
It is an excellent retail method in which a store does not store all the products it sells like a stock. Understand this model to know how you can sell your products.
The customer can order any item from your website, the item will be purchased from a third party, and it is then shipped to customers directly. You, as a seller, do not need to deal with anything.
It is found that this business concept was not that popular until AliExpress came into existence. Other Chinese retailers of online e-commerce store step into the market afterward.
Many entrepreneurs got an opportunity to earn a full-time income through this business. They left their regular 9 to 5 jobs and earned handsome income than their daily wages.
Is Dropshipping Business Profitable in Malaysia or Not?
Many people in Malaysia are concerned about choosing the right business to earn money. But the good news is that the Dropshipping business is the perfect opportunity for people in Malaysia.
The country is known to have the most significant business hub. Due to upcoming technologies and the latest internet trends, Malaysia is continuously growing in online users, business players, and mobile users.
Malaysia is known to have the fastest-growing economy globally, with more than 20 million internet users. The government has also introduced many e-commerce-friendly norms to help entrepreneurs to do online e-commerce business.
Dropshipping is a profitable business in this country because its online market will grow in the coming years.
- If you compare Dropshipping with other online e-commerce business options, you need storage space to stalk all the products you sell on your website. On the other hand, drop shipping prevents spending money on renting a warehouse.
- In offline retail companies, the owner needs to spend money in advance to buy items from the supplier. It is not the case with Dropshipping. You do not need to pay money in advance. When a customer makes an order, you need to send the order to the supplier and only pay for that product.
- You do not need an office for running an online business. You only need to have a laptop to start and progress your e-commerce store.
- The scope of risk of stocking and holding items is relatively less in Dropshipping than other retailers. If your customers are not buying any specific product, then also you do not need to worry. You have to purchase the items that your customer has added to the cart.
- In a Dropshipping business, you can easily manage it without any staff. It is easy to work from your home and save enough money on overheads.
- The shipping and packaging cost is also less because it is the duty of the supplier. You have to manage the orders and promote your products to improve sales.
Best Dropshipping Suppliers in Malaysia
It is one of the top fashion stores in an Asian country, Malaysia. Women in 20 different countries can get unique dresses from this website.
There are five retail stores, and it is also famous for its collections in KL fashion weeks of the years 2015 and 2016. The store also won the Tan Sri Liew Kee Sin Entrepreneurship award in 2015.
When you open the site, you will see various clothing categories for women like bottoms, outwear, bras, cosmetics, accessories, jumpsuits, etc. Many different brands are also selling their amazing and unique collection on this platform.
You can pay for your order by different payment modes like credit or debit card, Alliance Online, CIMB Clicks, AM Bank, RHB Online, Maybank, Hong Leong Online, Hong Leong Online, PayPal, etc.
The gateways are entirely secure on IPay 88 because it receives money in Malaysian Ringgit (MYR). There is no option of COD or direct bank transfers on the bank website.
The processing and shipment of your orders can take place easily on the following day. You will get all the notifications to track your order. Within seven days, you will get your parcel.
2. Save Value
It is another dropship supplier in Malaysia, which is quite demanding and popular among local people. The customers can get products like car and pet accessories, cosmetics, electrical products, kitchenware, etc.
There is special importance of time in the Dropshipping business, and this website ensures delivery of products on time at affordable prices.
The product is properly dispatched without any scope of the damage. It is handled with care till it is received by the customer and pays for it. Save Value takes help from express delivery for shipping big order from their warehouse to courier.
After dispatch, the parcel reaches customers within 24 hours. The payment methods are VISA, PayPal, MasterCard, CIMB, FPX, etc. The delivery services are City-Link, POS, Lel Express, Laju, J&T Express, etc.
It is the biggest bicycle wholesaler and dropshipper in this Asian country. The website is selling all types of bicycles for kids, sports, adults, etc.
You can also get bicycle accessories along with repairing services. There are over 1000 dealers on Asogo that resell four brands, i.e., Gammax, Cronus, Garion, and Asogo. Customers can buy different bikes, like a mountain, folding, fixed gear, road, fat-tires, tandem, etc.
All the accessories you can buy from this portal are bags, nuts, grips, axle, pedals, rear derailleur, handlebar, tire, frame, rim, tubes, headset, etc.
You can also get various baby products like a tricycle, walker, spring cots, baby gate, etc. It supports retail, wholesale, as well as, Dropshipping. You can join Asogo if you want to work as a dropshipper.
You do not have to invest a lot of money in inventory, and with less capital, it is easy for you to make huge profits. There is no problem with packaging and delivering if you are a partner of Asogo as a dropshipper. By using descriptions and images, you can sell the products on your site with a single click.
It is possible to search for profitable products that you can get from suppliers through SaleHoo. This tool can help online sellers to know about the best top-selling products on various platforms like Amazon and eBay. You can easily use the tool by dragging your mouse.
More than 10,000 verified directories of suppliers, wholesalers, dropshippers, and manufacturers are available for you to help. Find profitable products for selling, and also find reliable suppliers for further work. Click the product image and determine potential suppliers if you have any product ideas.
If you are finding the perfect solution for gifts, then Heartbeat is the one. You can easily customize gifts and place an order. It is a perfect platform for customers who want to personalize the gift for their loved ones.
Different categories of gifts are photo T-shirts, mugs, jigsaw puzzles, pillow cushions, 3d phone casing, bag, card, glass frame, etc.
It is easy to buy a gift for any occasion, such as Christmas, birthday, wedding, etc. In 2006, this platform was introduced in Malaysia. With time, the business is expanding well to all sides of Malaysia.
It is another popular drop-shipping website in Malaysia and also an online fashion wholesale company. It is specialized in various clothing, like maternity, fashion, and nursing. Customers can also buy various baby accessories, along with clothing for women.
This platform offers excellent business opportunities to people who can create their items with the help of the drop-shipping method.
It offers over 5,000 products that are available all the time from stock. Sellers can advertise what they are selling. If anyone sells more products, the discount will also be more.
The collection is monthly updated with newcomers, and it is essential to check it regularly. Sellers from Korea, China, Vietnam, the United States, etc., can sell products.
If you want to start your new business, then Oberlo is an excellent option for you. This company provides a way to access 500 products, Chrome extension, and unlimited monthly orders.
There is a Free plan, including education tools, e-books, e-course, and other guides for beginners. It is a popular application for free in Shopify.
If you are a new dropshipper, then this company can help you in learning all the processes through educational resources. You can access around 30,000 products of all the categories as per your plan. There are three plans, i.e., Free, Basic, and Pro.
In the Basic plan, you can access unlimited monthly orders of at least 500 products, education resources, etc.
All the paid plans allow access to more than 10,000 products and other features, such as real-time order tracking, mapping, bulk orders, affiliate programs, etc. It is a high-rated free application in Shopify with more than 2,369 reviews.
Spocket is known for its high-quality products, and suppliers should go through an onboarding and review process deeply. Suppliers can get an opportunity to access top-notch products.
There are no third-party warehouses that offer discounts on retail-based prices, shipping, and quick order processing. Spocket is a highly-reputable platform for accessing high-quality suppliers.
A dropshipper has its choice regarding quality suppliers for products across multiple industries. The company is integrated with Wix, Shopify, BigCommerce, WooCommerce, and AliExpress. You can access various suppliers with more than 10,000 products. There are four plans, i.e., Free, Starter, Pro, and Empire.
You can also get the annual plan, which is less expensive, i.e., Pro, Empire, and Unicorn. In a Free plan, a seller can browse product offerings and plan his dropshipping business. In the paid plans, there are limits to selling great products to customers.
Printify is a perfect platform for custom apparel. A customer can order customized things like hoodies, T-shirts, sportswear, sweatshirts, shoes, and tank tops.
The products are available for men, children, or women. This platform offers eco-friendly apparel and all-over-print options. There are more than 300 customized products that you can make available on your e-commerce store.
You can access more than 90+ printing facilities. It avails a print-on-demand service that focuses on good-quality customized apparel. It provides dropshipping for more than 300 custom products in five basic categories, i.e., clothing for men, women, children, home, living, and accessories.
This platform integrates with various other platforms, like Shopify, eBay, Etsy, WooCommerce, Wix, PrestaShop, and BigCommerce.
It is possible to access the API of the company for customized solutions. There are three plans, i.e., Free (5 stores in each account), Premium (10 stores in each account), and an Enterprise (Unlimited stores in each account).
It is another popular platform for dropshippers because it offers the perfect price for unlimited imports of the products. Importify is quite affordable for dropshippers.
This platform integrates with various e-commerce platforms, such as WooCommerce and Shopify. The products can import from suppliers, such as AliExpress, Etsy, Amazon, and Walmart.
The company integrates with popular e-commerce platforms and gives access to various products from suppliers.
The dropshipping services are also available for products from multiple industries. It is possible to import products from suppliers, such as AliExpress, Etsy, Alibaba, Walmart, Amazon, Banggood, Gearbest, Dhgate, Taobao, etc. There are three plans, i.e., Basic, Premium, and Gold.
The Bottom Line
In Malaysia, Dropshipping is quite a profitable business, and many online portals are supporting sellers to sell their products with less capital. If you are planning to become a dropshipping supplier, you must know that you will earn a lot of money.
In the beginning, you need some time to attract customers and introduce your products to them. But after some time, you will continuously get orders, and your sales will increase eventually. It is one of the best options that you can choose for your perfect career.