It seems that Dropshipping became a trendy business model. There is a report shows that 33% of eCommerce stores use dropshipping as a fulfillment method, and the popularity of dropshipping has been increasing.
Dropshipping is a brand-new form of business that you do not have to keep the products in stock. Whenever your clients place an order(retail price) from your online store or eCommerce website, you will order the products(wholesale price) from your dropship supplier(Maybe in China or somewhere.), and the supplier will pack the goods and ship them directly to your client. You don’t need the warehouse and shipping, but you also can make a profit.
You can quickly learn what’s the meaning of dropshipping by the below picture as well.
After understand what dropshipping is and how it works, I am going to share how to start it.
First of all, you need to select one niche, which may have a handsome profit with a low shipping charge. and this product should be attractive. If you can have your own brand, that would make this business even better.
Secondly, find a satisfied and best supplier, which can give you high-quality products, and timely shipping service. For example, Oberlo, Aliexpress, or websites like that.
Thirdly, build your own online website if you are a newbie for business. You can create an online store on Amazon or eBay, or use some eCommerce platforms to create your own, or hire a web designer to do it.
Fourthly, optimize and promotes after list your products. You can use SEO, EDM, social media, or paid Facebook and Google ads.
Now, you already knew what is the dropshipping business, and how to start it. If you have interest, please click here to learn more BENEFITS of dropshipping at ledsix.com.