How to Own an Online Dropshipping Store
WHAT IS DROPSHIPPING : Dropshipping is an exciting and convenient way to enter global retailing ( e.g Alidropship, Amazon, eBay etc. ) and make lots of money ( depending on how venturesome and entrepreneurial you are ). This retail method is simple:
THIS IS HOW IT WORKS
- You open an online store ( there are free options , sites that offer you free templates)
- You don’t own the inventory that you advertise on your site , you just enlist dropship suppliers, which in most case are manufacturers.
- this dropship suppliers handle the order you redirect from your site after the customer has placed an order and made payments.
Note: this is a grossly sketchy explanation, you can contact me for details ( email address in profile )
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I love the infographic. Nice one bro.
This is a fast rising method that people are making thousands from these days.
I did a little research about drop shipping all is not that as free as portray here. These are some of the things i observed while making my research.
- You continue to pay the company hosting your store online after the first free 1 month. ( Irrespective on whether you make sales or not)
- You are given the task to source for the cheapest always
- What if there’s any complain from the buyer, how do you respond.
- The manufactures would likely favor big guns like alibaba, ebay and amazon
These are some of my observation, i might be wrong, i would like to be proven otherwise.