ALL ABOUT DROPSHIPPING

ALL ABOUT DROPSHIPPING 

WHAT IS DROPSHIPPNG 

Main problem for small businesses is capital, or the lack of it. Capital is needed to open a physical store where people could visit, set the ambience, inventories, manufacturing 
equipment, production facilities, and storage facilities.

The problem that I have just mentioned above can be solved by dropshipping. So what is dropshipping? Is it actually just a method of processing an order. In order to make it work, your online shop should form an alliance usually with a established Wholeseller to be your supplier. Then, you choose a list of the supplier's best selling products as your products, with a markup ofcourse. 

Therefore, instead of handling the production, packaging and the delivery yourselves, you let the supplier do that for you. All you need to do it upload the product images in your online shop and when an order comes in, you only need to pass on the order to the supplier. By doing this, you minimize the risk to the very minimum, because you do not have any expenses or loss except website and internet fees only.        

BENEFITS OF DROSHIPPING 

• Require a small amount of start up capital 
• Require only a small amount of expenses : website nad internet fees 
• Esay to start the business
• Flexible location
• A broad range of products

ADVANTAGES OF DROSHIPPING 

• Need to research a trustworthy and realible supplier. 
• Need to find a supplier in the same city with you, so the shipping fee does not look off
• Need to find supplier who is expenrienced of dealing with international shipping (worldwide shipping)
• Need to make sure that delivery does not take more than 2-3 weeks.
• Need to reaserch what product will sell or has already had a good selling record.