Dropshipping is a process by which you can sell products without needing to keep them in stock. The thing that is really great about dropshipping is that it allows you to be your own boss since all you need to do is find the products and then mark them up for a profit.
That way, all of the risk lies on the supplier’s shoulders (not yours), and so long as they’re reliable and trustworthy, there’s no reason why this method wouldn’t work well for any budding entrepreneur looking to make money online.
What is dropshipping?
Dropshipping is a marketing technique where you don’t keep stock, instead, you send your customers a link to buy products directly from the manufacturer or wholesaler.
When you place an order on a platform like Oberlo, they buy the product for you and ship it directly to your customer. You then get paid by Oberlo when they receive payment from the customer.
The history of the dropshipping business model
The dropshipping business model has been around since the late 1990s. However, in the early 2000s, e-commerce platforms like Amazon and eBay made it easier for anyone to create an online store.
Then start selling products without having to worry about inventory storage or delivery logistics.
This brought on a wave of new entrepreneurs who looked to capitalize on this opportunity.
Soon enough, dropshipping became one of the most popular ways for people from all backgrounds and industries to get started in e-commerce with little capital needed.
Nowadays, dropshipping is still growing in popularity as more entrepreneurs discover its benefits over traditional retail businesses.
A company that does drop ship is called a drop shipper.
Dropshipping is the process of selling on an e-commerce website without actually owning or storing any inventory. You handle the marketing, advertising, and customer service, while the third-party drop shipper fulfills orders.
This can be a great option if you don’t have much money to start a business or run out of products to sell.
A company that does drop ship is called a drop shipper. Many drop shippers will also provide other services such as marketing and customer support for those who are interested in starting their own eCommerce store with minimal costs involved – this is called “white labeling”.
The main benefit here is that you do not need your own warehouse space and can focus on other aspects such as branding instead! As long as you have an idea of what product(s) you want to sell online then there’s no reason.
why anyone should stop themselves from starting their very first online store!
For example: If someone wants me (Ray) to help them find products they could resell under their name then all I would need from them was access to their current accounts so that way we could begin searching through available options together without any problems whatsoever.”
In order to do dropshipping you need an e-commerce site
To start a dropshipping business, you’ll need to set up an e-commerce store. To do this, you can either build your own website from scratch with WordPress by Bluehost company or use one of the many web services available (such as Shopify).
Regardless of the platform you choose, there are several factors that should be considered when choosing a service:
- Ease of use: Your platform should be easy to navigate and learn how to use. Additionally, if it’s not easy for customers to find what they’re looking for on your site, they’ll likely leave in search of another vendor who makes their experience easier (and more enjoyable).
- Price: Setting up an online store isn’t necessarily expensive with most platforms costing between $30-$100/month, depending on the size and features offered by each service provider. However, costs will vary depending on what type of website builder platform/e-commerce solution is chosen – so make sure to weigh all options before making any commitments!
You can use WordPress for your e-commerce you will need a woo-commerce plugin
You can use the Woo Commerce plugin for your e-commerce store. The Woo Commerce plugin is available in the WordPress Plugin Directory.
It is one of the most popular e-commerce plugins for WordPress, and it’s easy to use.
There are also many free themes available that work with this plugin, making it even easier to set up an online shop.
Dropshipping is a great way to start making money online and get into e-commerce. It’s easy, it’s fast and it doesn’t require much investment in terms of time or money. If you want to learn more about dropshipping then check out our other blog posts on the subject!