What is Dropshipping? Where to find a good Dropshipper? How much money do you need to get started?
WHAT IS DROPSHIPPING?
Dropshipping is a type of business model which enables a company to operate without maintaining inventory, owning a warehouse to store their products, or even having to ship their products to their customers themselves. How it works is that the retailer partners up with a dropship supplier that manufactures and/or warehouses products, package the products and ships them directly to the retailer’s customer, on the retailer’s behalf.
In simpler terms, this is how dropshipping works:
1. The customer places an order for a product on the retailer’s online store.
2. The retailer automatically or manually forwards the order and customer details to the dropship supplier.
3. The dropship supplier packages and ships the order directly to the customer in the retailer’s name.
WHERE TO FIND A GOOD DROPSHIPPER?
The simple answer is – Google is your friend. I used to use www.ioffer.com as a great starting point to search products, and contact sellers.
HOW MUCH MONEY DO YOU NEED TO GET STARTED?
To be honest, you don’t need much. You only need enough to purchase a domain and hosting, plus pay for a Shopify website to get started.
Chris A. Hughes