Definitive Guide to Becoming a Successful Dropshipper
Digital UnicornDropshipping is a type of retailing where, instead of the retailer (meaning you)
actually keeping the goods in stock at their own location, they instead pass the
order, along with the shipment details from a customer, to a wholesaler. It is
then the job of the wholesaler to dispatch the goods ordered directly to your
customer for you. The great thing about this method is that not only do you not
need to have a large warehouse for storing all the goods you are selling, but also
you make a profit through the price you pay for it wholesale, and the price that
you sell it to your customer for.
dropshipping will offer you many advantages if you are only starting up an online business with very little or no capital. One of the main ones being that the product you are selling does not need to be paid for until it is actually sold, and as you are paid for it by the customer, then the outlay you make to the dropshipper supplier is nothing. Along with not having to make any outlay to the supplier in order for the product to be sold on your site, you also do not have to worry about storage and handling costs, as this is all covered for you by the dropship supplier you are using.