Genstore Dropshipping

Genstore Dropshipping is Genstore's official one-stop sourcing and fulfillment solution that helps you quickly launch your online retail business without holding inventory. With deep integration into your store, you can import products with one click, automate pricing and fulfillment, allowing you to focus on your brand and sales while Genstore handles everything else.

Business model overview

Genstore offers two inventory-free, asset-light retail models. You can use them separately or combine them based on your brand needs:

• Dropshipping (Standard Dropshipping): The classic one-piece dropshipping model
  • Features: Directly sell existing mature products from suppliers.
  • Advantages: Millions of products in the catalog, no design needed, sync and sell with one click.
• Print on Demand (POD, On-Demand Printing Customization): An advanced model focused on personalized customization
  • Features: Sell customizable "white-label" base materials (such as apparel, home goods) that are printed with your exclusive design only after an order is placed.
  • Advantages: Create unique brand differentiation, avoid homogeneous competition, achieve truly zero-cost customization.

Core advantages

Regardless of which model you choose, you can enjoy the core value brought by Genstore Dropshipping:

• Zero inventory risk: No need to purchase and stock inventory in advance, significantly lowering the barrier to entrepreneurship.
• Seamless integration: Enable functionality directly in your Genstore backend without additional plugins.
• Fully automated workflow: From one-click product selection/design to automated fulfillment and shipping, the entire process requires no manual intervention.

Quick start process

1. Enable feature and set up payment: Enable Dropshipping and configure Drop Pay (link PayPal + tax form) or apply for Genstore Payments as needed.
2. Source products:
   • Marketplace: Browse platform-recommended or filtered products in the Marketplace and import them to your store with one click.
   • POD: Customize product selection according to customer needs.
3. Automated pricing: Configure bulk pricing logic, price and inventory alerts, and the system will automatically calculate selling prices.
4. Start selling: Publish products and attract customers to place orders through social media or advertising.
5. Order management and fulfillment: After order payment, you can choose to manually trigger or have the system automatically trigger supplier fulfillment based on your settings.
6. Fund splitting and settlement:
   • Using Drop Pay: Funds are settled to your PayPal account after deducting procurement costs and service fees.
   • Using Genstore Payments: Revenue will automatically enter your Genstore account and be settled according to standard settlement cycles.

Payment collection solutions

Genstore provides two payment paths for dropshipping merchants at different stages. When opening a new store, the system will enable Drop Pay by default to ensure you can start collecting payments immediately.

Drop Pay (Default)

• Overview: A lightweight solution designed specifically for dropshipping scenarios, no activation/underwriting review required, ready to use upon store opening.
• Settlement path: Funds are automatically settled to your linked PayPal account after deducting procurement costs and service fees.
• Requirements: Simply link your PayPal email and upload the signed tax form (W-8/W-9) as required.

Genstore Payments (Advanced)

• Overview: A comprehensive payment solution designed for brand growth, supporting accelerated checkout and multi-currency payment collection.
• Settlement path: Funds are automatically settled to your linked bank account after deducting procurement costs and service fees.
• Requirements: Requires submission of identity and entity information for review, currently only supports US or HK entities.

Note: Payment solutions are mutually exclusive. Once your Genstore Payments is approved and activated, Drop Pay will be automatically disabled, and all subsequent funds will be settled through the Genstore Payments channel.

How to decide?

• If you're a beginner or testing new products: Stick with Drop Pay. It allows you to skip the cumbersome bank review process, simply link your PayPal email and upload the signed tax form, and you can start your business within minutes.
• If you already have stable sales or own a US/HK entity: We recommend applying for Genstore Payments. Although it requires review, the "Accelerated Checkout" button it brings can significantly improve mobile conversion rates, and lower processing fees will directly increase your net profit.

Billing and service fee structure

Genstore Dropshipping offers three subscription plans to support different scales of product selection and sales needs. Each order will be charged a fixed service fee (commission) based on the plan tier, which the system will automatically deduct during settlement.

Plan tier	Subscription price	Product sync limit	Pricing rules	Service fee commission rate
Lite	$25/month	10 products	Automatic pricing	9%
Growth (Recommended)	$75/month	100 products	Automatic pricing	6%
Scale	$199/month	1,000 products	Automatic pricing	3%

Service fee calculation method

The system will automatically deduct service fees proportionally when settling each order:

Service fee = Total order amount × Corresponding plan commission rate

Example: Service fee expenditure estimation based on sales volume and order quantity

Below are annual service fee estimation examples for different plans under typical business scenarios (including subscription fees and commission fees).

Estimated based on average merchant annual GMV (approximately $49,000):

Plan tier	Monthly fee	Annual GMV	Annual service fee expenditure (including subscription fee)	Average monthly expenditure
Lite	$25/month	$49,000	Approximately $4,410	Approximately $367.5
Growth (Recommended)	$75/month	$49,000	Approximately $2,940	Approximately $245
Scale	$199/month	$49,000	Approximately $1,470	Approximately $122.5

Note:

• Service fees include per-order proportional commission (Lite 9%, Growth 6%, Scale 3%) and plan monthly fees.
• As you can see, although higher-tier plans have higher monthly fees, their lower commission rates result in lower overall annual expenditure and higher profit margins.