abdelhadi1234
Member
So how do you get products… where do you find them… how do you know if they’ll sell… how do you get them to customers?
In the vast world of internet entrepreneurship, there are many answers to all of those questions. You could create your own products — but that can be a long and time-consuming process. Or you could buy in bulk from a manufacturer and then ship out products to your customers as they buy. But that is an expensive solution, and you have to take the risk of investing that money in buying stock and not having sales (we all know somebody with a garage full of inventory of their "big idea" right?)
There is a solution that allows you to sidestep all those hassles. And it It’s called drop shipping. And it has taken the online business world by storm. A drop shopping business is one of the fastest, easiest, and most low-risk ways to get started with an online business.
Let's take a look at how to start a dropship business, how the drop shipping business model works, and the key things you should know before going into it.
Not all manufacturers and wholesalers offer drop shipping, but many do.
You handle all the marketing for your business… you set up your website with a shopping cart (or set up a virtual storefront on Amazon)… write your blog… do social media and email marketing… you contact the prospects and customers. You tell them all about the products and how it will make their lives better. Basically, you do all of the marketing, advertising, and promotion to get the customers and make the sale.
But when it comes time to actually send out the product and fulfill it… the drop shipper takes over. They have the inventory in their warehouse. You send them the orders that come in, paying the wholesale price for each order. This can be done by email, submitted online, or through a spreadsheet file — it depends on the drop shipper. They put the order together and ship it to your customer. Done.
Of course, they do charge a fee for this service. Just how much depends on the product. But usually, it’s about $2 to $5 — a handling fee. That’s on top of the wholesale price for the product itself and the cost of shipping. That can seem like a lot.
But you can still stay profitable as a drop shipping business, despite the thinner margins. If you want to increase your profits you raise your prices — at least as much as your market will bear. You can also sell more volume. And you can always contact your drop shipper to negotiate a lower handling fee.
Remember though, that you aren’t risking your money upfront. You are only paying these fees if you actually sell a product.
Of course, you can always do a Google search for "drop shipper" or "niche + drop shipper" to find other dropshipping companies.
Pick the right niche market and product, and you could have a profitable venture on your hands. You could even expand into other niches and sell other products, too.
There are many people making healthy six and seven-figures strictly from a dropshipping business... the possibilities really are endless with a drop shipping business.
In the vast world of internet entrepreneurship, there are many answers to all of those questions. You could create your own products — but that can be a long and time-consuming process. Or you could buy in bulk from a manufacturer and then ship out products to your customers as they buy. But that is an expensive solution, and you have to take the risk of investing that money in buying stock and not having sales (we all know somebody with a garage full of inventory of their "big idea" right?)
There is a solution that allows you to sidestep all those hassles. And it It’s called drop shipping. And it has taken the online business world by storm. A drop shopping business is one of the fastest, easiest, and most low-risk ways to get started with an online business.
Let's take a look at how to start a dropship business, how the drop shipping business model works, and the key things you should know before going into it.
Not all manufacturers and wholesalers offer drop shipping, but many do.
You handle all the marketing for your business… you set up your website with a shopping cart (or set up a virtual storefront on Amazon)… write your blog… do social media and email marketing… you contact the prospects and customers. You tell them all about the products and how it will make their lives better. Basically, you do all of the marketing, advertising, and promotion to get the customers and make the sale.
But when it comes time to actually send out the product and fulfill it… the drop shipper takes over. They have the inventory in their warehouse. You send them the orders that come in, paying the wholesale price for each order. This can be done by email, submitted online, or through a spreadsheet file — it depends on the drop shipper. They put the order together and ship it to your customer. Done.
Of course, they do charge a fee for this service. Just how much depends on the product. But usually, it’s about $2 to $5 — a handling fee. That’s on top of the wholesale price for the product itself and the cost of shipping. That can seem like a lot.
But you can still stay profitable as a drop shipping business, despite the thinner margins. If you want to increase your profits you raise your prices — at least as much as your market will bear. You can also sell more volume. And you can always contact your drop shipper to negotiate a lower handling fee.
Remember though, that you aren’t risking your money upfront. You are only paying these fees if you actually sell a product.
Of course, you can always do a Google search for "drop shipper" or "niche + drop shipper" to find other dropshipping companies.
Pick the right niche market and product, and you could have a profitable venture on your hands. You could even expand into other niches and sell other products, too.
There are many people making healthy six and seven-figures strictly from a dropshipping business... the possibilities really are endless with a drop shipping business.
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