has revolutionized the way we do business online
While it might sound intimidating to beginners, the fundamentals could not be simpler. The traditional methods of e-Commerce are usually what we think of when selling items online. You advertise and market the item, buyers pay and leave their postal address, you package and send the item. While this might be great if you have all the time in the world to package and handle items, in today's fast paced world there has got to be an easier way.This is where dropshipping takes the stage as the cornerstone of online business. The idea is simple yet unique. You advertise your item and buyers pay and leave their postal address, only this time instead of hassling with a warehouse of items to pack and send you simply leave the details of the items and the buyer's address with your designated drop shipper. The drop-shipper, from their much larger warehouse, then packs and sends the item on your behalf.The beauty of this system is that you literally have the ability to make money without prior investment. Having no inventory to weigh you down is an immense benefit particularly in uncertain times since you will only ever pay for an item after a purchase has been made.
The entire business can be outsourced and automated after you get a hang of things. Customer service can be outsourced to several outsourcing companies or you could simply hire a virtual assistant or freelancer to do the job for you. A business manager can be hired from freelancing sites such as Fiverr or Upwork if you decide to completely automate the business and live off its passive income every month. But first let us go to the basics and fundamentals of the drop shipping business. Let us learn how to walk before we attempt to fly.
This guide will focus on the following:
- The advantages of working in drop shipping
- Getting ideas on what products to choose
- Finding the right niche
- Find and work with the right suppliers
- Building the website
- How to run your drop shipping company
- The dropshipping model of business
- Shopify drop shipping
- How to dropship on amazon and eBay
- Taking a look at current trends
- Social media approach in dropshipping... AND MORE!