Dropshipping
The Easiest Business That Anyone Can Start Right Now!!
By Wak Designs
“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:
- Dropshipping Model (Full Detail).
- Dropshipping Pros & Cons.
- Website Or Online Store? Is it necessary?.
- Right apps or plugins for dropshipping.
- Necessary pages creation and setup.
- Product Research (For dropshipping specifically).
- Right Tools for dropshipping. (You can see some here)
- Brand or General Niche?
- One Product Store. What is it? Pros And Cons.
- How To Start Your Own Shopify Dropshipping Store?
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).
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus quis arcu est. Quisque posuere est arcu, id hendrerit orci pulvinar id. Cras egestas metus sit amet felis accumsan, vitae placerat libero sodales. Morbi efficitur maximus massa et aliquam. Quisque vel viverra augue.
Nullam scelerisque erat nisl, eu aliquet quam porttitor et. Aliquam molestie sem augue, non egestas nunc sagittis in. Suspendisse vehicula turpis eget leo sollicitudin, dapibus commodo massa facilisis.
Ut ac tortor eget nibh condimentum congue. In facilisis porttitor iaculis. Etiam vestibulum, nisl nec molestie egestas, velit lorem venenatis tellus, pellentesque blandit nulla sapien accumsan velit. Vivamus purus nunc, dictum nec elit viverra, semper iaculis risus.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Vivamus quis arcu est. Quisque posuere est arcu, id hendrerit orci pulvinar id. Cras egestas metus sit amet felis accumsan, vitae placerat libero sodales. Morbi efficitur maximus massa et aliquam. Quisque vel viverra augue.
Nullam scelerisque erat nisl, eu aliquet quam porttitor et. Aliquam molestie sem augue, non egestas nunc sagittis in. Suspendisse vehicula turpis eget leo sollicitudin, dapibus commodo massa facilisis.
“Class aptent taciti sociosqu ad litora torquent per conubia nostra, per inceptos himenaeos.Aenean non turpis vitae ligula tristique sagittis. Cras varius erat pulvinar eros pretium suscipit. Duis eleifend sit amet sapien sed ultricies.”
Ut ac tortor eget nibh condimentum congue. In facilisis porttitor iaculis. Etiam vestibulum, nisl nec molestie egestas, velit lorem venenatis tellus, pellentesque blandit nulla sapien accumsan velit. Vivamus purus nunc, dictum nec elit viverra, semper iaculis risus.