If you are looking for one of the best opportunities to be had today for running a business from home, and cost little if anything to set up, then a dropship business is probably the answer for you. Not only can you run this business from the comfort of your own home, you will not have to worry about keeping large amounts of inventory in stock and you will not have to worry about getting the products shipped to your customers. Plus, you can still run this type of business while working in your normal day to day job. However, if the business really does get off the ground, then you can become a work from home mom or dad instead. |
It really is very easy to get your dropshipping business up and running. The main pieces of equipment that you will need are a good computer, and also a good quality internet connection.
1. But not only is it fairly easy to get your business up and running, you will find that there are very few barriers which will prevent you from getting started, and the cost for starting out is very low, so you should not need to invest much money up front initially.
2. However, below these are the steps that you will need to take in order to get your dropshipping business up and running.
Set yourself up an online shop, either using one of the many online shop builder programs available, or by building your own site, or setting up an account with an auction site such as eBay (if you choose to use eBay as your primary selling place, I recommend getting a good auction template that you can simply plug your information into to save time).
Find your wholesale supplier who has the product that are looking to sell, and who offers a dropshipping service.
Once you have found the company that you want to deal with, you can open an account with them.
Next thing you need to do is start building your site, using both content and images that the dropshipping supplier has provided, or that you have produced yourself (I recommend the latter, as it will distinguish you from other sellers who may be utilizing the same dropshipper).
Set up a system on your site so that you know when an order has been placed for a particular item, and so payment can be taken.
Pass on the details of the order directly to your dropshipping supplier. Once they receive the order, they will then bill you at the price that you have both agreed upon, and then they will arrange for the item to be dispatched. In most cases, the dropshipping supplier will provide labels which refer to the business or website where the order has come from, rather than from their own business.
There are hundreds of companies who are willing to provide dropship products to you. Whether it is gifts of items for the home, to power tools and furniture, the choices are immense.
Certainly, dropshipping will offer you many advantages if you are only starting up an online business with very little or no capital. One of the main ones being that the product you are selling does not need to be paid for until it is actually sold, and as you are paid for it by the customer, then the outlay you make to the dropshipper supplier is nothing. Along with not having to make any outlay to the supplier in order for the product to be sold on your site, you also do not have to worry about storage and handling costs, as this is all covered for you by the dropship supplier you are using.
Plus, by setting up a site where your goods are supplied to you by a dropship supplier, you can offer a much wider variety of items, from a number of different suppliers, and your customers will never know any different.
Unfortunately, there are some downsides to running a dropshipping business, and the main ones are that you do not have any control over the inventory management, whether the product is readily available and if the orders can be fulfilled and shipped on time to the customer who has ordered them.
But if you are still interested in setting up a dropshipping business in order to earn an extra income online, then carry out as much research as possible.
The best thing of all is that, when setting up such a business, it does not need to be expensive or time consuming.
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Through this collection, we will provide you with how you need to get started in the business of dropshipping, along with what you will need and the benefits, as well as the drawbacks.
Copyright © Anne-Marie Ronsen
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