Dropshipping Business FAQ
What Is the Meaning of Dropshipping?
Dropshipping is an e-commerce business model that you can use to manage your online store without having your inventory. Once you receive an order, your supplier will ship your products from their warehouse, directly to your customer’s doorstep. You don't need to worry about manufacturing, inventory, packing, or delivery of your products. Instead, you can focus on growing your brand, developing marketing channel and making sales.
How Can I Start a Dropshipping Business?
If you want to know how you can start your own dropshipping business, it is a perfect place to follow easily. You can easily learn the entire process of starting a dropshipping business. You must create an account on Shopify and sign up with Shopify and set up your own store on Shopify, install Korealy, add products, and then you’ll be able to launch your own basic dropshipping business.
How Does Dropshipping Work?
Very Simple! Once a customer places an order from your store, you’ll buy the product from your supplier, and inform them of delivery of the product directly to your customer’s door.
You will be able to do your own business anywhere else in the world.
Is Dropshipping Profitable?
Of course! This business model offers higher margins. It also benefits merchants. Dropshipping business is an extremely low entry barrier that
allows you to sell products to your customers without incurring huge running costs like a manufacturer and a wholesaler would have.
Because of those lower entry barriers and lower costs, it is easier to become profitable with dropshipping a lot faster than other business models. Also, you can set your retail price in a way that covers both your marketing and shipping costs while still making a profit.
Do I Need to Purchase Products for My Online Store?
No, you don’t need to have your products yourself. You simply order it from your supplier once a customer has purchased from your online store. If you want to see them for yourself before uploading them to your online store, you can buy sample products from your suppliers. You will be satisfied with the quality of the product. Moreover, you can create your own products’ images and video.
Do I Need to Register a Business Entity to Dropship?
Yes, you’ll need to register your business once you start to make sales, but there is no rush to do so until you start making them consistently. This is because the majority of payment providers require you to prove that your business has such credentials.
Keep in mind that business licenses vary from country to country. You can also reach out to a local government representative, or similar local authority, for more information.
What Is Korealy?
Korealy is a platform that makes it easy to find various products from Korean suppliers and add them to your online store. Korealy is very unique because Korealy is the only app to dropship HIGH-QUALITY KOREA BRANDS and PRODUCTS. With Korealy, you can access a huge variety of Korea(South) brands and products with just a few clicks - from beauty, entertainment(K-pop), food, toy, fashion to the next trending product. All the products are 100% authentic guaranteed.
Is Korealy Free?
Today Korealy offers the forever free plan to start dropshipping for all shopify users, and you’ll be able to add unlimited number of products to your store. You can check out Korealy’s plans. Also, keep in mind that Korealy only works with Shopify, which is a paid platform.
How Does Korealy Work?
Very Simple! Once a customer places an order from your store, you’ll buy the product in Korealy. Your order has been received by Korealy order processing system and will be shipped directly to your customer’s door.
Is Korealy Available in My Country?
Yes, you can use Korealy to run your own dropshipping store from any country. When you’re running a dropshipping business, your geographical location is irrelevant since you won’t need to worry about holding physical inventory.
What About Korealy Shipping Service?
We ship directly to customers all over the world, as long as there is postal service available, at relatively reasonable shipping rates.
There's different sets of shipping service choices. Standard(7-14days), Economy(5-7 days), Express(3-5 days). (excluding 3-5 days handling time)
Which Shipping Company Will It Come in?
Shipping companies vary from country to country. Shipping methods, prices, and time are provided by Korealy, and you can’t offer any other shipping companies and methods.
Check out more details here.
If a Customer Orders More than One Product, Will It Come in together?
Yes. That is an our special service. With Korealy Fulfillment Service, we are holding inventory of our suppliers in our warehouse. Once one of your customers places an order for several products, the products will be shipped in the same packages.
What About Korealy Fulfillment Service?
With Fulfillment By Korealy(FBK), our suppliers have already sent their products direct to our Warehouse(Korealy Fulfillment Center in Seoul) and we are holding their inventory. We pick, pack, ship, and provide customer service for all products.
If your customer purchases multiple products in a single order from Korealy, we pack all products together in one box. You can save shipping costs. As a result, your business with Korealy is more profitable than the other dropship apps, and you will be able to satisfy customers. Also, you will be able to build a marketing event to sell related products.
Can I cancel my order?
Once an order has been processed, it is not possible for an order to be cancelled. If you need to cancel an order, please contact us via Live Chat or E-mail as soon as possible to give us the best chance of catching it in time to stop.
Is the Korealy Fulfillment Service and Shipping Service reliable?
Absolutely! Yes! We hold inventory of our suppliers in our warehouse. Every order is packed with good care. When we pack products, all the packaging processes will be recorded.
Do you have Shipping Insurance?
Shipping insurance is included in the shipping cost. Korealy provides you with protection against the risk of physical loss or damage to your shipments from external causes during transportation. Shipment Insurance provides the assurance and peace of mind that your purchases are protected in the event of loss or damage in transit.
Is The Shipping Fee Included Duty and Tax?
No. Your order will be shipped DDU (Delivered Duty Unpaid). When a package is shipped internationally, it may be subject to import taxes, customs duties, and/or fees imposed by the destination country.
These charges will typically be due once the shipped goods arrive at the country of destination. This charge is determined by your local customs authority and payment of these fees is obligatory if you wish to obtain your shipment. Importers(Your Customers) are responsible for ensuring to comply with laws and regulations of the country of destination. Korealy do not have any responsibility on these additional charges that may apply. Certain countries may require certain documentation before the items are sent. If the necessary information is not provided, this may result in delays in the order. For further information, please consult your local customs office. Otherwise, please do not hesitate to ask! Contact us by email. We will give you an estimated quote.
Can Korealy Set Up My Shipping Settings?
No. Shipping settings aren’t imported by default. You should set up your shipping settings in Shopify. Keep in mind that shipping rates for different classes of products tend to vary. So, it’s easier to select a couple target countries and calculate an average shipping cost so that you can charge your customers reasonably.
Is Korealy Profitable?
Absolutely! Yes! Competition is out there, and we know you need rates that are attractive in comparison. We will do our best to give it to you at wholesale price because we work in partnership with Korean suppliers so that you can stand out strong in the dropshipping market.
Is Korealy Only Available on Shopify?
Yes, Korealy is an app that works exclusively on Shopify’s platform. In light of this, you won’t be able to use Korealy on any standalone websites or any other ecommerce platforms.
Can I Use Korealy With Shopify’s ‘Lite’ Plan?
Yes, Korealy works with the Shopify Lite plan, which lets you sell products using Buy Buttons that connect with a Shopify checkout.
Can I Use Korealy on My Own Website?
Korealy is exclusive to the Shopify platform, but there is a Shopify tool called the Buy Button. It allows you to embed products or a collection of products on your own site.
How Many Products Should I Import to My Store?
We recommend that you import 50 to 500 products into your store. By importing amounts of products, they can find what they’re interested in, and you may actually gain customer’s trust.
Luckily, today Korealy offers the forever free plan to add unlimited number of products to your store. The number of products are up to you. Feel free to import the number of products.
Can I Customize My Products?
No. At the moment, Korealy does not support any customization options for products or packages. However, this option might be available in the near future.
Can I Sell Everywhere?
Yes. However, it’s better to select a couple of target countries and focus more on them. This way it’s easier to calculate shipping costs, to do your marketing, and reach customers more efficiently.
Can I Return Items or Get a Refund?
Yes, here is Korealy general return/refund policy. You can just directly contact Korealy and explain the problem.
How Can I Change Currency in My Store?
Korealy imports all products in USD, but you can change your currency. The easiest way to do it is to download a currency converter application from the Shopify App store. Then, the only thing to do is to change the currency sign in your Shopify Settings.
Is Korealy Only Available in English?
Yes, Korealy is available in only English now. But, we will continue to expand language services.
Is Dropshipping Legal?
Yes, dropshipping is legal. Businesses can build their online store and sell products online without ever processing or storing the physical items themselves. Dropshipping can be done through your own website or through online marketplaces like Korealy.