Dropshipping 101: Discover How To Build A Six Figure Online Physical Products Business Without Spending a Dime On Inventory Or Ever Shipping Anything Yourself!
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About this ebook
What is the perfect business model? Of course that will all depend on who you ask and on your personal preferences.
But it is definitely very possible to make an especially strong argument for dropshipping. This is a business model that has huge advantages over selling your own products, over becoming an affiliate marketer and certainly over making money from adverts. It has all the strength...
"David" "Brock"
David skill's with IT industry has propelled him into many different online businesses, including book publishing, affiliate marketing, Clickbank Product Launch, niche business sites and SEO work. He helps people to make money working through the internet. David is also a budding author, with self-help being his favored genre. His titles to date include, Affiliate Marketing Blueprint, Facebook Marketing Mastery, YouTube Marketing 101, Clickbank Success Secret, Adsence Cash Cow, Ultimate Passive Income, Email Marketing Secret, CPA Marketing Success Secret, Career in Freelancing, Blogging Success and many more. He plans to follow these with even more titles in the future, to help as many people as he can to find the same success that he has.
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Dropshipping 101 - "David" "Brock"
Introduction
What is the perfect business model?
Of course that will all depend on who you ask and on your personal preferences.
But it is definitely very possible to make an especially strong argument for drop shipping. This is a business model that has huge advantages over selling your own products, over becoming an affiliate marketer and certainly over making money from adverts. It has all the strengths of each and none of the downsides of any of them.
This is a business model that allows you to work from home and earn passive income, while at the same time building a big brand for yourself and selling real physical products.
So why isn’t everyone getting involved in drop shipping already? Why do so many people still choose to? make money as an affiliate marketer instead?
The answer is simple: a lot of people still don’t know what drop shipping is, or how to get involved in it. Of course this book is going to change all that and help you to understand what drop shipping is, why it’s so beneficial and how to get started with it.
By the end, you will be running your own drop shipping business making money by selling products with your branding on and without having to spend any money upfront or take any form of financial risk.
Didn’t I say it was the perfect business model?
Chapter 1: What is Drop shipping?
Drop shipping is technically a ‘fulfilment model’. Fulfilment in a business term of course means delivery, so in this sense, drop hipping is the manner in which orders are delivered to customers.
Normally, selling a physical product means that you need to buy numerous items and then sell them at an inflated price. The way you would normally do this is as a reseller. Here, you would buy wholesale items (inventory bought in bulk at a discounted price) and you would then sell it on at an inflated cost and keep the difference (your profit margin).
The problem with this model is that you need to make a big investment in the stock first of all and then that you have to deliver the products to your customers. This means you’re taking a financial risk by ordering the stock in advance (if you make zero sales, then you’ll have lost out on a lot of cash). At the same time, it means you need to not only pay for the shipping but also handle all the administrative tasks. You’ll need to constantly take stock of your inventory and you’ll need to refund customers for deliveries that don’t arrive.
In short, it’s a lot to take on for an individual hoping to run a business from home in their spare time.
Drop shipping changes this because now the wholesaler is handling delivery and they don’t require you to order in bulk.
So simple: you list the items for sale in your online store just like you normally would and then, when a customer orders them, you pass that sale on directly to the wholesaler. They then send out the product on your behalf and make sure it reaches the buyer and you get the money!
Drop