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How to Start a Dropshipping Business Step by Step
Published by Brendan Johnston — 08-28-2018 06:08:42 PM
If you want to know how to start a dropshipping business step by step it is best to get yourself plugged into a membership website. A membership website will give you up-to-date information on how to set up your drop shipping business correctly. This will enable you to get your business up and running and in profit as quickly as possible.
Before you delve into the world of drop shipping, it is not as simple as it may seem. There is a learning curve to it. You can't just create a listing on eBay, put some products up there and expect to make some fast cash. In this brief but informative article, you will be shown how to do drop shipping with eBay. You can read that article here.
In order to make your drop shipping business profitable, it is best to focus on items that are not associated with any brand name and are priced at $200 or more. You must also keep in mind that your business and reputation are linked with your drop shipper.
If you do business with an unreliable drop shipper, your business and reputation could suffer. You also have to deliver top-notch customer service. If something goes wrong with an order, the customer will come barking at you and not at your supplier. So if you are not big on dealing with customers, drop shipping may not be the way to go. You can learn more here about what to really expect when starting a drop shipping business.
You will also want to know how and where to find reputable and reliable dropshippers. In this article, I discuss how and where to find reputable and reliable drop shippers for your business. But there is a way that you can take the risk out of drop shipping.
The thing though, is a lot of people are afraid of starting an eBay business because of the risk. They don't want to buy items/inventory in-advance in case no one wants to buy it. And I get it. People don't want to take that risk. But here is the awesome thing. There is a way to skip that risk.
Yep. There is a no-risk formula to selling items online. And that no-risk formula, is DROPSHIPPING.
Here is what I'm going to reveal:
1. What dropshipping actually is.
2. Why dropshipping is such a great way to make money online via e-commerce stores
So, let's get started!
::: WHAT IS DROPSHIPPING? :::
Think about your favorite store in your local mall. When you go into the store, you see a bunch of products that you can buy. To get those products, the store has to buy them in advance for a cheaper price, and then put a markup on that price.
And then they sell that marked-up item to you. The store usually buys the items in bulk. The store takes a risk when they buy the products in advance. They don't know that someone will buy these particular items.
What if nobody wanted them? The store would lose money. Dropshipping is different. Dropshipping is when the manufacturer/supplier says to you "hey, you don't need to buy the items off of us in advance. When a customer purchases an item from you, you can then purchase the individual item from us, and we'll ship it directly to your customer."
Do you understand what dropshipping is now? This is the term used when a manufacturer/supplier of an item will let you buy individual items off of them AFTER a customer has purchased it from you. And they will ship it to the customer.
::: WHY DROPSHIPPING IS SO GREAT :::
Dropshipping is awesome because it means that you can open an online e-commerce store and sell goods on it WITHOUT having to purchase stock in advance.
This means then that it is almost risk-free. Simply find dropshippers, get their product catalogue and list their best items on an e-store you open with a mark-up on the price. When you sell an item, buy it and ship it directly to the customer. You keep the profits!
Want to start dropshipping now? Then signup for a free webinar by SaleHoo. You will learn the ins and outs of dropshipping. After you attend this webinar, you will know for sure if this business model is right for you. You can signup for the next upcoming webinar right here.
Pretty cool, isn't it? No investments required.
It is almost risk-free. All you need is an e-store.
And SaleHoo is a great option for that too. You can open an e-commerce store right now by clicking this link.
About Brendan Johnston
I have been in Internet marketing for about 9 years now with some success. I am always on the look out for ways to generate traffic back to my website. I was a science major in college here in Sacramento until I ran out of money for my tuition. So I turned to Internet marketing to learn how to make a consistent living online. The traditional way of working hard, going to school, and working for someone else until I die just does not appeal to me anymore. One of my favorite quotes from Warren Buffet is "If you don't find a way to make money while you sleep, you will work everyday of your life until you die." So right now I am working and I am using those funds to work towards financial freedom. I also would like to finish my college degree because whatever I start I like to finish until the end. When I am not at my J-O-B or working on my online business, I enjoy watching crime dramas. So, this is me in a nutshell.