Start Your own online business utilizing a business model called drop shipping.
What is Dropshipping?
Drop shipping is an Ecommerce in business model in which the supplier of a product sends it directly to your customer which allows you to sell goods without having to buy stock in bulk. You only purchase the item (at wholesale cost) after your customer has already paid you (at retail cost). By utilizing this business model a small business can avoid the large amounts required for fulfillment and inventory.
The Benefits of Dropshipping?
Low Startup Costs Drop shipping makes it amazingly easy to get started selling online. You don’t need to invest heavily in inventory, yet you can still offer great value products to your customers. Convenience & Efficiency Successfully launching and growing an ecommerce business takes a lot of work, especially if you have limited resources. Not having to worry about fulfillment is incredibly convenient.
No Retail Shop Required!
A drop shipping business can be run from your home. You can communicate easily with suppliers and customers via the internet. Multi Billion Dollar Industry Hundreds of Australian online stores use drop shipping to offer a huge selection of products to their customers.
Is Drop Shipping Common?
Over 25% of all online purchases are drop shipped and by 2023 over 6 billion dollars of goods per year will be drop shipped in Australia. To establish a successful business you must invest time and effort over a long period of time and achieve success in a variety of areas….
But drop shipping is a business has minimum startup costs and operating expenses and if sufficient resources are invested in marketing then a drop shipping business can potential earn over one hundred thousand dollars per year.
