Are you looking for an online business???
There are plenty of options to earn online, like blogging, affiliate marketing, but these require a lot of patience and hard work.
If you want an easy online eCommerce business that doesn’t require a lot of time and money to be invested, then you can start selling online.
But you must be wondering that selling online also requires you to invest in buying the products and keeping a stock of it.
But there is a way that can help you sell online without investing in the stock. This online business is called Dropshipping.
In this post, we have shared the ✅latest list of Top 5 Dropshipping Suppliers in Malaysia updated for 2020.
People nowadays are earning solely from Dropshipping by leaving their 9-5 job and are earning more than their daily job wages.
Dropshipping in Malaysia – Profitable or Not?
If you are in Malaysia, then you have the best opportunity to start Dropshipping business as Malaysia is considered as the biggest business hub.
With emerging technologies and adapting to the latest trends on the internet, Malaysia is now growing with its online users, and millions have started buying cell phones.
Malaysia is one of the fastest-growing economies in the world, 20 million+ active internet users, and by 2020 more than half of the population will shop online.
The Malaysian government has ecommerce-friendly norms, which makes it easy for ecommerce websites to do business.
Dropshipping is very much profitable business in Malaysia as the online market is expected to grow from 0.5% to 5% in 2020.
What are the Advantages of Dropshipping?
Unlike other retail business where you need a storage space to occupy the stock, Dropshipping eliminates the cost of renting a warehouse.
In an offline retail business, you have to pay in advance for the items you buy from the supplier, but in Dropshipping, there is no need to pay in advance. Once a customer buys a product, you have to send the purchase order to the supplier and pay only for the product purchased by the consumer.
You do not need an office to run your online business. Only a laptop will be sufficient to work online.
The risk involved in Dropshipping is very less as you do not hold any stock of items. So there is no need to worry about items that are not sold as you have to order the items only after a customer adds it to the cart.
Dropshipping business can be managed only by you and does not any staff or a rented shop. You can work from home and save your money on overheads.
You save money on packaging and shipping as that part is being taken care of by the supplier. You have to handle the orders and focus on promoting trending products to increase your sales.
List of Highly Profitable Dropshipping Suppliers in Malaysia
Twenty3 is one of the top 10 online fashion stores in Malaysia, offering day to night on the go dresses for women in around 20 countries. It now has five retail stores.
Twenty3 has featured its collections in KL Fashion Week 2015 and 2016 and also in international media.
It has been awarded as the winner of the Tan Sri Liew Kee Sin Entrepreneurship Award at the Alliance Bank SME Innovation Challenge 2015.
Twenty3 offers shopping by category, so anyone shop from new Arrivals, dresses, bottoms, tops, rompers & jumpsuits, outwear, invisible bras, accessories, and cosmetics.
You can also shop by the brand that includes Twenty3, Black Label, Swanicoco, and Fantastic Collection.
Payments are accepted via Credit card / Debit Card, Maybank2u, CIMB Clicks, RHB Online, AM Bank, Alliance Online, Hong Leong Online, FPX (Bank Islam, CIMB Clicks, Maybank, Hong Leong Online, PBeBank), Bank Rakyat, Affin Bank, Meps Cash, Mobile Money, and PayPal.
All payments are accepted via Ipay 88, which is a secure payment gateway accepting payments in Malaysian Ringgit (MYR).
Twenty3 doesn’t accept payments via COD, direct bank transfers, or ATM transfers.
Once the order is made, shipment and processing take place on the same day for orders received before 2 PM, and for orders after 2 PM, shipment and processing takes place the following day.
You can choose to receive the parcel yourself by selecting the shipment near to your work area if you are not available at home.
For self-collection, you have to select the option before checking out of the cart and then select the location from the drop-down list. Once you complete the payment process, you will be notified about the shipment of your parcel.
You can collect your parcel from the specified location until 7 days from the date of arrival.
Save Value is a large dropship supplier and a trusted one in Seri Kembangan, Selangor, since ecommerce is demanding nowadays. Hence, they have their ecommerce website for successful Dropshipping eliminating the need for renting a space for inventory.
Dropshipping products offered at Save Value include car accessories, pet accessories, electrical products, cosmetics, kitchenware, and more.
Time plays a vital role in Dropshipping business, and Save Value ensures timely delivery at budget-friendly prices. It ensures that the product is dispatched and received without any damage and for this utmost attention is paid.
Since 2011, Save value has transformed itself from local wholesale into an online store for Dropshipping all kinds of household, personal care, sports, etc. products.
Save Value uses express delivery to ship a large number of goods from warehouse to courier and make sure goods reach customers within 24 hours of dispatch.
Payment methods supported at Save Value include VISA, MasterCard, PayPal, CIMB, FPX, and more. Delivery Services include POS, Laju, City-Link, J&T express, and Lel Express.
Asogo is one of the largest bicycle wholesalers and drop shippers in Malaysia, specializing in different types of bicycles like kids, bicycles, sports bicycles, etc. It also sells all kinds of bicycle accessories and provides repair services too.
More than 1000 dealers are associated with Asogo and resell 4 brands that include Cronus, Gammax, Garion, Asogo, with starting from RM 100.
Products offered at Asogo include:
- Bicycles: Mountain bike, folding bike, fixie/ fixed gear bike, road bike, city bike, fat bike, tandem bike, and other unique bikes.
- Bicycle Accessories: Bag, nut, axle, rear derailleur, grips, handlebar, pedals, frame, tire, tube, rim, quick-release, headset, and more.
- Babies Product: Walker, tricycle, push the car, baby gate, spring cots, and more.
Asogo supports wholesale, retail, and Dropshipping.
Asogo was started in 1979 as a wholesale and distributor of all bicycle products and later got momentum with its website.
You don’t have to worry about packaging and delivering the goods to the customer. Without any maintenance for a warehouse or a place for rent, you can save a lot.
By agreeing to the Dropshipping terms, you get an exclusive Dropshipping rate and gain profit by selling at your price. And when the product is delivered to the customer, it will be your brand reflected on the tax invoice and not the supplier.
With readymade images and description, you have to paste it on your site, and you can start selling at one click.
SaleHoo is the right tool for you if you are looking for a way to quickly find profitable product ideas or to source from popular suppliers.
It has easy to use tool that help various online sellers to find best top selling products on eBay and Amazon. It is as simple as dragging and dropping your mouse. It has over 10,000 verified directory of suppliers, low-cost drop shippers, wholesalers, and manufacturers which are ready to serve you in any manner.
It not only find profitable products to sell, but also find reliable suppliers for you. If you have product ideas you just need to click on the product image and you will get a list of potential suppliers.
Heartbeat is a one-stop solution for personalized gifts. Here you can customize our gifts accordingly and then place the order.
There are several gift categories like photo t-shirt, photo mug, pillow cushion, jigsaw puzzle, 3d phone casing, Samsung/Blackberry/HTC casing, photo bag, glass frame, photo card, baby napkin and many more.
May it be any occasion like Birthday, Wedding, Christmas, etc. you can always find the right gift customized according to your needs.
Heartbeat was founded in 2006 in Malaysia and is now expanding its business to north and South Malaysia.
🌟 Dropshipping FAQ
What is Dropshipping?
Dropshipping is a type of business model or supply chain management method that allows businesses or companies to operate without inventory. In Dropshipping, the retailer does not need to have goods in stock but instead transfers its customer order to shipment details to the manufacturer or wholesaler.
How Much Does Dropshipping Cost?
Cost may vary and depends upon the software you use for dropshipping. It also relies on the volume of products you sell how much money you spend on marketing.
What is a Dropshipping Directory?
A dropshipping directory is a searchable listing or an online listing of dropshipping suppliers. As we all know, dropshipping allows you to become the partner of a supplier and sell their products in the store.
Is dropshipping still profitable?
Yes, dropshipping is very profitable. It is not only productive, but it is also thriving. Different types of ecommerce activities taking place all over the world make dropshipping profitable.
Conclusion: Top 5 Dropshipping Suppliers in Malaysia – 2020
In this post, we showed you the Top 5 Dropshipping Suppliers in Malaysia that offer unique products to sell online without worrying you.
If you want to earn just by sitting at home, then start Dropshipping business with any of these Wholesale & Distributors.😊