The running of an online store without a having the products in a warehouse or a store is something that a lot of people would have considered in the push to become an entrepreneur. O yes, we know what it is called, drop shipping. So many people have wanted to start drop shipping, but they do not know how to do it or the step to take. In the post I will be helping you to understand a little about drop shipping;
With drop shipping, you are the online retailer who sells to the final consumer (anyone else buying from you to resell which surely be buying at an exuberant rate and would not be profitable for them), the only difference is that you are not with the inventory, the inventory is going to be sent to the location you tell them to send it to.
You Set the Price
As a drop shipper, you are to understand that the price that would be profitable for you. Never think that the producer, manufacturer or supplier cares about the amount you set your website, their interest is that you buy from them. So, you are indirectly charging for marketing as you need to sell your website to get people to buy from you.
Ali Express, Shopify and Oberlo Made Drop Shipping Easier
Ordering from china and getting it down was a very big problem as it took a very long time before orders got to its location but thanks to Ali Express, goods were delivered faster. Shopify gave users a ready to use interface to own a drop shipping online store.
Create your niche and do it well
Drop shippers make funds by selling but it is advisable to stay and focus on a niche. Be specific with what you are advertising and be focus a set of customers. It will help to increase audience
Just like every other business, A lot of drop shipping stores close down
Do not get it twisted, dropshiping isn't a free way to make money and like every other business has the to fail. It take perseverance and continuous marketing to get your online store to the position you want it to get.