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Dropship

Dropship

What does dropship mean?

Anyone looking for simple and riskless ways to start an online business has probably heard about dropshipping. People want more from life: more ways to make a living and more opportunities for their loved ones. Working a regular 9 to 5 job isn’t the goal anymore: now everyone is seeking something that can provide a steady income and free them from the usual daily routine. These kinds of opportunities are possible with drop shipping. So, what does dropship mean?

What is drop shipping?

Drop shipping is a kind of online business that you can run without maintaining inventory, warehousing, or shipping the products to customers. You as the seller don’t even have to physically interact with the product.

How does drop shipping work?

This simple business model can be adopted by anyone. This is the general idea of how drop shipping works:

  • Select a niche for your online business
  • Develop a website for your online store or buy a ready one
  • Find a drop ship supplier to partner with and select the products appropriate to your niche (We highly recommend choosing Aliexpress, as it is one of the most widely known and advantageous online platforms)
  • Transfer pictures and descriptions of the chosen products to your website and set a higher price
  • When customers order something from the online store, purchase the item from the drop ship supplier that you’ve chosen (note that this process can be automated)

The packaging and delivery process is the responsibility of the drop ship supplier.

Your profit is the difference in the price of the product on the drop ship supplier’s store and your online store.

What does drop ship mean for newcomers to ecommerce?

Drop shipping is a business that has limited downsides and is easily accessible to everyone, especially for the young and inexperienced. It provides an excellent opportunity to create your own online business and quickly get accustomed to the ways of ecommerce business.

What does drop ship mean for experienced business owners?

For an experienced entrepreneur who already knows all the ropes of the ecommerce business, it can be a great additional source of income, as well as a new challenge to find and develop a new business.

Benefits of drop shipping

As a business model dropshipping has its advantages and several aspects that make it preferable over other types of businesses. Here is a list of the benefits of drop shipping:

  • Low risk

There is no need to spend huge amounts of money like in other businesses. With the drop shipping model, there is no need to maintain stocks and physical stores, to buy products beforehand or to hire employees. The only costs are related to the technical store operation (domain and hosting fees) and paid promotions necessary to attract visitors to the store.. Therefore, you don’t need to invest money in multiple management areas because all of the aspects of traditional business are set aside.

  • Easy start

It can be a great start for people that are just getting into the ecommerce business. No special skills or a relevant background is required. All that is needed to run a drop shipping business is a computer and a stable Internet connection.

  • A broad selection of products

Right now there is a drop ship supplier for almost any kind of product. Carefully choose a niche, analyze the competition, research the audience and monitor their behavior. This will help you discover trending products and focus on them. And don’t be afraid to experiment:who knows, maybe you’re the person who finds the next big thing.

  • Time savings

As mentioned before, in the drop shipping business there is no need to deal with physical products.

Although the seller can purchase products for test purposes, make sure the physical products match the description and be reassured that the product is worth selling.

In the traditional retail business, if your store receives two times the number of orders, you’ll need to do two times as much work. But the drop shipping business allows you to delegate the majority of tasks to your drop shipping supplier as they are the ones responsible for the orders. This opens up more time for you to develop your business plans and scale your business.

What does drop ship mean in general?

It’s a relatively new and attractive selling method that’s easy to set up. It requires almost no starting capital, any specific knowledge or special skills. You only need a desire to create and manage your Internet store and to run a business that allows you to satisfy customer needs without having to maintain or keep track of the inventory. All you do is manage the products purchasing process and advertise the store to a relevant audience. Good news: both of these tasks can be automated and run in a time-saving way!

Are you ready to become an owner
of a profitable online business?

The time has come.