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A presentation explaining the dropshipping concept
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What is Drop Shipping
In association with The ABC’s of Ecommerece and Dropshipping Success Practical guide how to start and run a successful online store and ecommerce business
Dropshipping basics Dropshipping is a online retail method in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to the wholesaler, who then ships the goods directly to the customer.
Dropshipping basics As in retail businesses, the majority of online retailers make their profit on the difference between the wholesale and retail price but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.
Dropshipping benefits The main benefits of using dropshipping are:
Dropshipping benefits 1. You don't need any money to start this business
Dropshipping benefits Dropshipping makes it amazingly easy to start selling online. You do not need to invest heavily in inventory, yet you can still offer thousands of items to your customers. The only investment in dropshipping is the time and labor used when adding products of your supplier to your online store.
Dropshipping benefits 2. It is convenient and efficient
Dropshipping benefits Successfully launching and growing an ecommerce store takes a lot of work, especially if you have limited resources. Not having to worry about fulfillment is incredibly convenient and frees up your time to concentrate on marketing, customer service, and operations.
Dropshipping benefits 3. High mobility
Dropshipping benefits With all the physical fulfillment issues handled, you're free to run your online business anywhere you can get an internet connection.
Dropshipping benefits 4. It's a trusted business model
Dropshipping benefits You might be thinking that this sounds like some sketchy, fly-by-night model – but it's not. Plenty of online stores, even major retailers, use drop shipping to offer a wider selection of products to their customers without having to deal with increased inventory hassles.
How dropshipping works So how dropshipping works?
How dropshipping works Simple
How dropshipping works First you need to find a supplier which will agree to work using the dropshipping business model
How dropshipping works 1.Find a supplier
How dropshipping works Than you need to add the products of your supplier to your online store
How dropshipping works 2. Add products 1. Find a supplier
How dropshipping works A buyer orders the product you sell from your supplier, and pays for it
How dropshipping works 2. Add products 1. Find a supplier 3. Buyer orders product
How dropshipping works You give the shipping details of your buyer to your supplier (dropshipper) and pay him the wholesale product price
How dropshipping works 2. Add products 1. Find a supplier 3. Buyer orders product 4. Send order to supplier
How dropshipping works Your supplier ships the product and gives you the tracking number
How dropshipping works 2. Add products 1. Find a supplier 3. Buyer orders product 4. Send order to supplier 5. Supp-lier ships product
How dropshipping works Your supplier gives you the tracking number of the package and you give it to your customer
How dropshipping works 2. Add products 1. Find a supplier 3. Buyer orders product 6. Give tracking number 4. Send order to supplier 5. Supp-lier ships product
How dropshipping works Your buyer receives the product
How dropshipping works 2. Add products 1. Find a supplier 7. Buyer receives product 3. Buyer orders product 6. Give tracking number 4. Send order to supplier 5. Supp-lier ships product
How dropshipping works Dropshipping is a simple and efficient WIN WIN strategy for everyone
How dropshipping works This is why it is so popular among online businesses
To get more information about how to sell online, please read The ABC’s of Ecommerece and Dropshipping Success Practical guide how to start and run a successful online store and ecommerce business