Dropshipping is a retail fulfillment strategy where a store doesn’t maintain inventory of the goods it offers. Instead, when a store uses the dropshipping business model to sell a product, it buys the item from a third party and has it shipped to the buyer.
In this type of business, you collaborate with a product manufacturer (or wholesaler) to sell their goods. Essentially, you run the store, work to attract new customers, and promote the products, while they take care of the product’s manufacturing, storage needs, and shipping once an order is received.
It’s a lot simpler than other ways to start earning money online, and the hazards are also much smaller.
Who is it Recommended for?
Dropshipping is recommended for those who want to start an e-commerce store but don’t want to deal with the headaches of manufacturing any products or even shipping them to customers.
How much can you earn?
The profit margin from dropshipping depends on the initial cost of the product your will sell and the costs of manufacturer or wholesaler you’ll work with such as shipping, etc.
While the profit margin from dropshipping is much lower than with other e-commerce stores, the start-up costs are also much lower: since you don’t need to buy or store any products, all you really need to build and manage your online store is website hosting and an e-commerce WordPress theme and plugin; in other words, your costs will be less than $100 per month.
Dropshipping is similar to a quick-start method for launching an online store because you don’t need to create or even purchase any products, store them, or even ship them once a customer placed an order.
What do I need to start?
Every successful dropshipper needs an ecommerce website to sell dropshipping products to customers and we have just the website for you. Aliexpress dropshipping can Create a store for you, or you can Get an exact copy of a successful store or Build your store yourself at an amazingly low price.
To get started, you can build an eCommerce website with no coding skills with an easy Drag-&-Drop WordPress builder. Get 300+ design templates, 1-click WordPress installation, web hosting & domain registration, all for only $2.95/mo with Bluehost, the #1 trusted WordPress hosting.