What is dropshipping?
If you’ve ever been interested in starting your own online business, you may have heard the term dropshipping. But what does that really mean? What is it about? Why do we hear more about it every year? Most importantly, how can it help your business grow?
Let’s start by understanding what it means to start a dropshipping business.
You have an online store where you sell products, but you don’t have any of these products in your warehouse or at home.
When someone places an order from your dropshipping store, you place the same order directly with your dropshipping supplier. Don’t worry. There are many applications that can help you automate this.
Then your dropshipping provider will do the rest. Think about preparing a package and shipping the order straight to the customer.
Now your customer will get the package straight from your dropshipping supplier, and you’ve never touched the product in between!
Most people who are looking for information on dropshipping and want to start / run a dropshipping shop do so for one or more of the following reasons:
Earn more money. If you do it right, dropshipping can earn you a lot. Just take a look at these success stories.
Being your own boss. Some people don’t like working for the boss, so they look for other ways to earn money.
Location-independent work. A dropshipping shop can be run from anywhere with an internet connection. As long as you can easily communicate with suppliers and customers, you can run and manage your business. This is also called being a Digital Nomad.