Dropshipping! A Complete Guide (2019) - Wak Designs
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Dropshipping

The Easiest Business That Anyone Can Start Right Now!!

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“Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product”. 

– Shopify

So you are here just to make money using Dropshipping? Yes!! then let’s get started. First you have to learn some of the basics of Dropshipping.

“Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer. As a result, the merchant never sees or handles the product”. 

– Shopify 

So, it is one of the easiest business model where anyone can enter and start making money. Yes, sounds good? But wait … What about the succeeding in it? As the competition is very much high, so it’s never easy to be succeeded very easily. 

Some of the topics to be covered are given below:

  1. Dropshipping Model (Full Detail).
  2. Dropshipping Pros & Cons.
  3. Website Or Online Store? Is it necessary?. 
  4. Right apps or plugins for dropshipping.
  5. Necessary pages creation and setup.
  6. Product Research (For dropshipping specifically).
  7. Right Tools for dropshipping. (You can see some here)
  8. Brand or General Niche?
  9. One Product Store. What is it? Pros And Cons.
  10. How To Start Your Own Shopify Dropshipping Store?
1. Dropshipping Model (Full Detail).

Dropshipping is an ecommerce business model, where the vendor (you or your website) list the products from a supplier (AliExpress or someone else) and then when the visitor (or client) visit your website and purchase a product from your website or store, then you just tell your supplier (AliExpress etc) to deliver that product to the visitor’s address (client). 

You take your own commission or profit with you. It’s like you own at the WholeSale price and Sell it on a Retail price. So the profit is equal to:

                        Profit = Retail Price – WholeSale Price
                        like RPrice = $40 and WSPrice = $10, then
                        Profit = $40 – $10 = $30
 
2. Dropshipping Pros And Cons.

As one of the most easiest business model, Dropshipping has both Pros & Cons. The Pros are:

  • Easy to start.
  • Easy to handle.
  • Low startup cost.
  • No inventory issue or cost.
  • Low order fulfillment cost.
  • Sell and test more products with less risk. 

Similarly, following are some of the Cons:

  • Low profit margin.
  • You never see the product.
  • You don’t control the product quality.
  • Less Control Over Order Fulfillment.
  • You don’t have any control over the shipping time (it may delay for even months).

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