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What is Dropshipping?
Dropshipping is a popular method for everyday people who want to make money selling products without actaully purchasing or storing any products.
Dropshipping took off in the late 90's as the internet and auction websites became popular.
Basically the way this works is that:
- You source a product from a wholesaler in our Dropshipping Package.
- You sell the item via your website or Auction website.
- Once the item is sold you order the product from the wholesaler paying the wholesale price.
- The wholesaler then sends the product to your customer.
- You then keep the profit between your sales price and wholesale price.
It's this simple. Many dropshipping suppliers will provide you a black label service which means the package that they send out to your customer does not have the wholesale suppliers details.
Here is an example.
New Dual Sim Cellphone. Wholesale price is $59US plus $25US postage. You can sell these on an Auction website for $129US charge $15US postage and make a tidy profit of $56. There are dozens of items with this potential profit margin.
You can sell these how you like. Yuo can dropship or you can purchase a dozen or so on items, save on postage then sell the items to your market inyour country. You can also create an online shop via one of the many available Auction websites add 75 products with these types of profit margins and as long as you ar getting traffic you have the possibility in making good profits.
All you need to do is sell the item, place an order via your dropshipper, notify your buyer the item has been shipped and move on to the next order. The great thing about dropshipping is you don't need to cary any stock.
You will need to decide how you will sell these items whether you setup a website or sell through one of the popular Auction websites.
With our experience the most Popular items to sell are electronic goods and mobile phones and provide you with a dropship supplier we have used and suggest as a starting point for your online Business.
We also provide you with companies that offer you a black label service with high profit margins.
Your are viewing the what is dropshipping webpage.
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