Make Money Online through Drop Shipping Business
Business When we think of establishing an online business, the first thing that comes to mind is products. What product are you going to sell? Hat should be the rates? Which website should you use to sell your product and what are the right tricks to convince a customer to buy you product? There are a lot more questions that you’ll go through while planning for an online business.
In this big world of internet, there are several options to choose from, millions of tips and tricks…
so these things always confuses a person and they’re unable to decide among various sources.
You can create your own products but it’s a long procedure, you can also buy stuffs in bulk and
then sell them to customers but it’s quite risky and time taking. What if people do not show
interest in your product and the stock gets wasted? There are many factors to deal with.
But here, we’ve the solution. A solution that will allow you to get through all those hurdles
making your whole procedure, easier. The drop shipping. Drop shipping has taken the world of
online business to a whole different level. It is one of the fastest, easiest online business with the minimum risk ways to get started with.
How to start a drop shipping business?
According to sources, industry watchers have calculated that nearly 20-30% of online retailers
use drop shipping process, estimates might vary. So, this tells that it’s a proven business model and if you en-route here, it would be a good way and a good company. Even Amazon, big
retailers like them uses drop shipping too.
With this, you can literally sell just any product that you want to. There are several advantages too, you don’t have to deal with problems like:
Storing your products, practically it is very expensive to get a godown or rent a warehouse to
store massive amount of products.
Packaging and shipping, it is literally a lot of work, taking orders and the packing them, getting them in a box, multiple times a day and then heading to the post office every now and then to get it shipped.
You do not have to deal with the inconvenience that money you invested in a product to resell
that you aren’t sure will really be sold.
Did you see, when you’re running an online business, these might be the troubles you’d be
facing, but not when you’re running your business through drop shipping. You’ll be avoiding all
the risks and loss of investment.
How does drop shipping works?
In this process, you get to either work with a wholesaler or a distributor that offers this service.
You have to handle all the marketing stuffs for your business… you need to set up a website
with various options that a shipping website requires like shopping cart, payment methods, filter etc. You should put up a good blog to attract customers, tell them about your products, your shipping procedure and other things. Ask your previous customers to leave a comment or to
give reviews. As good as your website is, you’re going to gain more and more customers. Read
Journal Review blog posts to get ideas from the real case studies.
You can do email marketing and social media marketing through Facebook, Instagram, Twitter
etc. There are paid promotions available which will boost your product among large audience,
you can also choose audience depending upon requirements.
But when the times comes to send out the product finally, drop shopper takes over. They’ve
kept products in their warehouse, you convey them orders, pay wholesale price for the same
and they’ll put things together then ship it to the customers.
Handling fee will be charged by the drop shipper, it’s about $2-$5, but you can still stay
profitable in this business despite if thinner margins. So if you want to increase profit rate,
simply increase your prices but only as much as your customers can bear. Too high prices will
not be accepted and will affect your business.
Products that can be Shipped
You’ve to be familiar with the latest trends in the market. Whatever new is coming and what is in the demands shall be the best! Something connected with your personal interest should work
the best for you, because then you’d have a good knowledge about the products you’re selling
which will be really good for the business.
Choosing a Drop Shipper
So before coming to conclusion about a drop shipper, always see through a customer’s point of
view. Place an order to see how much time the shipper takes, is the product good enough, is
the quality fine and is your product damage free?
Be sure you check online reviews, customer forms and Facebook too!
It’s can be a slow process, but once you start investing time and get your mind run in and about the business, you’ll achieve what you want to. It might take months, but results are worth it if you go through the correct procedure.
Investing your time in several online businesses and ending up getting nothing is always
disappointing, instead put your time in drop shipping, make things easier and profitable.