Chinese New Year 2022: Prepare Your Dropshipping Stores

With the annual Spring Festival right around the corner, find out what products you should be sourcing for Chinese New Year 2022.

Chinese New Year is a Chinese festival that celebrates the beginning of a new year on the traditional Chinese calendar. Also known as the Spring Festival, this is a chance for people to start the year off on a clean slate, as certain customs and traditions associated with the festival are followed.

Lasting a total of 16 days, only the first seven are considered a public holiday in the country, as family and friends come together to celebrate the new year together. But while taking the time to be with loved ones is important, ignoring the sales opportunities of this period would be a mistake for any e-commerce business owner looking to capitalise on this once-a-year seasonal event.

Take a look at some of the products that you should be sourcing for Chinese New Year 2022.

Chinese New Year Facemask

Keep safe during the Spring Festival in this Chinese New Year-themed facemask. This high-quality washable and breathable protective mask is the most effective way to keep the spread of COVID-19 to a minimum during the annual Spring Festival.

Chinese New Year Red Envelope

Celebrate the year of the Tiger and gift your loved ones this traditional Spring Festival Red Envelope.

Cheongsam Traditional Chinese New Year Dress

Made from impeccably detailed embroidery broadcloth, bring in the Spring Festival in this stunning red cheongsam traditional Chinese New Year dress.

Chinese Pet Tang Suit

Celebrate the annual Spring Festival with your favourite pet pooch in this adorable miniature tang suit. This plush traditional embroidery coat jacket is the ultimate way for you and your little friend to ring in the new year together.

Artificial Berry Branches

Decorate your home for the Spring Festival with these traditional artificial berry branches with vase arrangement. Made from high-quality foam, plastic and iron wire, this beautiful floral arrangement is the perfect way to celebrate Chinese New Year at home.

Tiger themed products – According to Chinese tradition, each year is named after one of 12 animals who are also part of the Chinese zodiac. 2022 will be the year of the Tiger and for any savvy e-commerce business owner, selling products featuring this Chinese Zodiac from stuffed tiger toys, mugs and accessories is an essential way to take advantage of this joyous occasion.

Lanterns – Lanterns are an important aspect of the Spring Festival celebrations and culminate with the Lantern Festival during the Chinese New Year celebrations. However, preparations for the Lantern Festival start three days earlier and this time is essential for e-commerce business owners to stock up on red Chinese traditional paper lanterns so that families may purchase them to honour deceased ancestors and take part in the festive activities.

Fireworks – Did you know that the most fireworks are set off in the world on Chinese New Year with the sound of explosions going off in the sky lasting for days (sometimes even weeks) as families and friends set off firecrackers together at midnight. The firework industry is worth billions every year, with China being the biggest provider of pyrotechnics in the world. In 2019, China accounted for 94 per cent of total U.S. fireworks imports, amounting to approximately $336 million.

How to handle shipping issues during the Spring Festival

With many online businesses sourcing products from China, understandably there will be concerns for buyers and sellers as the Spring Festival fast approaches. Chinese New Year is the longest Chinese holiday and goes on for 16 days and is a time for people to spend with family and friends. During the Spring Festival, many businesses in China will shut up shop. During this time, you may have difficulties with shipping your products from China as manufactories and suppliers take time off for the public holiday.

Before the Chinese New Year, some suppliers might slow down production a week or two in advance. Thus, orders received a week or two before the actual date might be delayed. Besides, orders received during the week of the Spring Festival will experience delays too.

If you are an e-commerce business owner and are unsure what to do, it is recommended that you reach out to your supplier and arrange alternative arrangements. You may find that your supplier has already organised alternative arrangements and as a result, your business will not be affected. You may also want to consider using a local based supplier until after the Spring Festival celebrations.

With the dropshipping industry expected to reach a market valuation of $557.9 billion before 2025, what exactly is dropshipping, and how can it help you kick-start a successful online business?

Dropshipping is an e-commerce business model that allows sellers to take orders and send them to a manufacturer or a supplier who now handle order fulfilment on your behalf. With packaging, shipping and delivery effectively managed by the supplier, sellers can focus on other aspects of their e-commerce business, such as scouting for new products, developing product ideas, conducting market research and providing enhanced customer service.

Why you should be dropshipping

Inventory costs can be costly and the risk of overstocking on products that may or may not sell can sometimes prove to be too much of a financial risk for many e-commerce start-ups. However, using a dropshipping supplier can not only save you money without losing sales, but it can prove to be a safeguarded backup in the event of unforeseen circumstances and an effective means to fulfil pre-made orders by sourcing the products from elsewhere without losing sales and business.

Is Dropshipping Profitable?

Dropshipping is a low-risk business model that allows you to sell products to your customers without incurring huge running costs as a wholesaler would have. Because of these lower costs, it is easier to become profitable and a lot faster than other e-commerce business models.

No inventory, no problem!

The cost of inventory is one of the highest costs you can have as an e-commerce business owner. Dropshipping allows you to avoid these issues and focus on growing your customer base and building your brand, which means that daily chores like organizing products, tracking, labelling, picking and packing, and shipping your stock become a thing of the past.

Starting an e-commerce business isn’t exactly cheap. Not only does it take a lot of capital to stock a warehouse, but by the time you scout your products, you may be left out of pocket. Dropshipping is a cost-effective way to start an online business without splashing the cash.

Kick-start your e-commerce business in just a click! Make 2022 the year you start to dropship!

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