Getting started in a business using the Dropshipping model is very easy.
Dropshipping is a retail model where a store doesn’t keep any inventory. 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.
The idea of dropshipping is to make sales to customers by possessing a system in place where goods are shipped directly to your clients from a manufacturer or a distributor.
As the store owner, you create your very own platform with clickable links to the goods you would like to sell. When customers purchase the items in your store, the goods are shipped directly to them, and the difference of your store price vs the manufacturer price is your profit.
This is one of the simplest and most profitable way to make money online as the concept is extremely low risk, easy to manage and you just have to focus on one thing and that is advertisement.
AliExpress makes it convenient to find products to sell on your store, without having to worry about inventory or shipping.
With this model, you create an online store, set your very own prices and set up a shopping cart system that accepts credit card payments. See photo below for order flow:
You only order products from your suppliers when the customer placed the order on your website. You place the order to your suppliers with your customer’s shipping information.
The supplier then ships the items directly to your customers (again, no worries about inventory and delivery as your suppliers will manage everything for you).
Are you ready to set up your own dropshipping store? Let me know what you think by dropping your questions and comments below!
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