Dropshipping Explained

User Rating: 5 / 5

Star ActiveStar ActiveStar ActiveStar ActiveStar Active
Pin It

Dropshipping online storeHave you ever wanted to open your own online store but really do not know where to start then dropshipping may be for you, dropshipping is a form of online shop that sells products but but does not handle or store the products in there store.

Instead the shop owner purchases the product from a third party wholesaler at a discounted price, then the shop owner adds there markup and the third party supplier ships the product out to the customer that purchased the product so the shop owner buys the products only when needed saving the expense of stocking inventory. 

There are many benefits with dropshipping over other types of online stores, you can launch your online store with out the huge expense of spending thousands of dollars on inventory before you even sell any products, this is a great advantage as this money can be better spent on marketing your shop to attract new customers, you do not need to rent a warehouse to store the goods, you save a huge amount of time in not needing to package the goods ready to ship to customers, you do not need to handle time consuming product returns and you do not need to worry about managing stock levels. 

Other advantages of dropshipping include low overheads, you can run your entire dropshipping store from the comfort of your own home, the shop can be located in any city and in any country around the world with internet connection, there is a massive range of products that can be sold from a dropshipping store and when your online store becomes successful you can scale up the dropshipping store very easily just by adding more products to your online shop, so as you can see there are alot of benefits to dropshipping over a retail store. 

The disadvantages of dropshipping include low profit margins on the products you are selling as many merchants drop there prices to rock bottom in order to sell products, dropshipping is very competitive there are thousands of other online stores out there and they are all selling the same or similar products that you are selling, you are relying heavily on your suppliers to keep enough stock to honer your orders if your supplier runs out of stock your customers will not be happy and somtimes the suppliers make mistakes that can impact your online store. 

SEO Powersuite

SEO PowerSuite

SEO or search engine optimization is an ongoing and essential part of any website maintenance and requires alot of time and effort to get right, but now there is a multi purpose tool available called SEO Power Suite designed to make SEO easier and more effective for webmasters. SEO…
SEMRush seo

SEMRush SEO And Competitor Research

SEMRush is a powerful online tool for search engine optimization and competitor research, there tools are designed for competitor analysis which businesses need to get an edge on there competitors and there plans also include a marketing suite and various other tools to help your website…
Template Monster

Template Monster Templates And Themes

Joomla and Wordpress are two of the most popular content management systems with tens of thousands of websites created from them all around the world, from online blogs to eCommerce websites. The base of these websites are created from themes and templates, these templates enable…