What Is Dropshipping?
Dropshipping is selling products through online platforms which provide e-commerce store.
In drop shipping, you don’t need to have a physical inventory of your products. A supplier holds your products and it is shipped to your customers according to the orders you gave.
How Does A Dropshipping Business Work?
Basically, you are acting on behalf of the seller by promoting or advertising the products through an online store.
Here Is How Drop Shipping Works
1. Someone saw the products you promoted in your online store and made a purchase.
2. You took that money and purchase the ordered products from your supplier at a cheaper rate.
3. Then the supplier directly ship the products to the customer.
4. You pocketed the margin (profit).
5. If it’s your own product, you have to do all the shipping and everything if you are not using any storehouse
How To Get Started With Drop Shipping
Before venturing into any business, good Research is needed.
You have to do your own research on the followings:
1. What should you sell and what product will work?
- You have endless options for choosing products to sell. It is better to choose niche categories that are marketable and have high demands in the market.
- You can check which products sales more by browsing the categories of Amazon, AliExpress, or eBay, or any sites you are using to buy products online.
- Look around you and see what people are buying in the local marketplace also.
- Stay away from Generic items like television, headphones, etc. because people would prefer to buy them in bigger stores like Amazon or Walmart or places they already trust and have a good reputation. You can add them if you want but don’t base all your products on those items only.
- Sell products that are unique and that cannot be found easily.
2. Pick a platform for your online store
If you don’t have your own e-commerce website, your best option would be to use either one of the popular econ sites.
The main benefits of using these sites are:
- They use their warehouse for your products.
- Packaging, shipping is all done by them.
- No direct contact with your customer unless they contact you.
The most popular e-commerce sites
- Create a Seller Account at Amazon Seller Central.
- Select either Individual seller or Professional seller. You can select a Professional seller if you are looking for long term business.
- Using Jungle Scout for Amazon product research will help you identify products you want to sell.
- Choose products that you can sell for less in the beginning and you can improve on increasing the higher price products as you move on.
- Launch your product. The Amazon seller central guide provided within the website will teach you the process of importing products and using suppliers.
- Learn how to promote your products with social platforms like Facebook Ads to generate more sales.
If you really want to know more this Full Tutorial On Amazon FBA is a no-brainer!
- Sign-up on Shopify (It is not free but you will have a 14 days trial period, which you can cancel anytime if you think it’s not for you).
- Choose your theme, design, and download Apps like Oberlo from Shopify App Marketplace. You will find an app that connects with eBay products also. eBay products that shipped from the USA are much quicker than Oberlo which imports products from Ali Express.
- Set your own price, product name, descriptions, and fill all the required fields.
- You can also import clothing products from Teespring or Printful.
- You don’t need an inventory of the products nor money to start with.
- Sign up at Teespring and fill in all your details.
- Create your design and apply the design to the apparel you want to sell. You can use Canva or hire a designer on Fiverr or Upwork.
- Learn how to promote your products with social media platforms to generate more sales.
It is an easy print-on-demand drop shipping and fulfillment warehouse services.
The best thing is you can start your eCommerce business on Printful without an inventory!
- Sign up at Printful and fill in all your details.
- Customize products with your own designs.
- There are plenty of products you can design like T-shirt, Swimwear, Flip-flops, Jewelry, Caps, Bags, Posters – literally any item you can name!
- Learn how to promote them through social media platforms.
Conclusion On Starting A Drop Shipping Business
Starting a dropshipping business is one of the most common routes chosen by many people to earn extra income. And you can see that many people do make it big from dropshipping alone. Check these testimonies here.
You might not get it right at your beginning, but have patience because I can tell you that once you roll and master the art of drop shipping, you will never look back!
If you haven’t started yet but was dreaming about starting your online store for some time now… well, don’t you think it’s time for some action now? What are you waiting for? The ‘Right Time’?
The right time is now!
DISCLOSURE: This post may contain affiliate links, meaning I will get a small commission if you make a purchase through my links, at no cost to you. For more info, please read my Affiliate Disclaimer.
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MLian’s passion for writing is to help you understand that ‘All That Glitters Is Not Gold’. Her mission is to show you Practical and Actionable Ways To Earn Money online and offline to save your time and money – that you won’t get “SCAMMED” into buying something that promises Big but really doesn’t profit anyone except the owners.