Dropshipping

Dropshipping is kind of retail fulfillment method. You don't need to stock products. You purchase the products from a third-party supplier. Then the supplier ships the product directly to the customer. It's a mostly hands-off process. You don't have to order inventory or fulfill the orders. Instead, the supplier takes care of the fulfillment and shipping process.

As a merchant, you are responsible for getting customers and processing orders. So, you will be a middleman. On the other hand, you will reap the lion's share of the profit because you control pricing of the products you sell. As simple as that.

Here is a step by step overview of the dropshipping process.

 

The Dropshipping Process

Dropshipping is an easy business model, and it also can be very rewarding. You don't need to worry about where to stock products, shipping, or a team to help you out – at least as a starter-. You need to start learning the basics, and you will start your business in no time.

You can start dropshipping with minimal funds, a laptop or PC, and an internet connection. You don't need to make any high-level investment even as your business grows, your costs will be fairly low compared to traditional business expenses.

You can manage your dropshipping business easily. It doesn't require you to make many commitments. You can work from home, be self-employed, and automate everything to run while you are away. Also, dropshipping is a very flexible career path. You can make it a full-time e-commerce business or just a side hustle.

·       Choosing products to dropship.

Before choosing products to dropship, you need to think of a niche with a passionate audience that are willing to spend of shopping when it comes to their hobby or niche. Such as the fashion, pets, and the golf niche.

Your products need to solve a problem so you make your customers feel compiled to buy your products. They also need to have a good profit margin.

how to find hot products to dropship?

You can find hot products to dropship using three ways:

1-   Aliexpress DropshippingCenter: it's a very useful free way to find hot products with high demand.

2-   Ecomhunt: it's an awesome tool that helps you to find hot trending products and helps you with the ads targeting. It also helps you to find competitors stores that sell the same product you are intending to sell so you can go and browse these stores and that will give you inspiration to present your store in a creative way, and they have a Free plan.

3-   ShopInspect: it's an awesome tool that checks other competitor stores, it also checks google trend that shows you the number of searches of the product's keywords. ShopInspect is a very useful tool and there is a Free trial.

·       Setting up your store.

For a number of reasons. the number one platform to create an online store is Shopify.

It's easy to set up, and you don’t need coding experience to set up your store. You will find the most useful apps in Shopify app store. When it comes to speed, Shopify has an excellent loading speed. It's mobile responsive, and it has powerful marketing tools.  

HERE you can get an expert to create a Shopify store for you. And if you are the man who wants to do it all by yourself, HERE you can find a Dropshipping course that takes you through the whole process.