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Drop shipping business is a kind of online money making business that a lot of people have not really ventured or tried before but only few people knows how to be successful with drop shipping business.
This kind of business really rocks and it’s a cool way to earn some really good cash online especially when wanting to start a real work at home business whiles on budget.
If today is your first time here, then do pay close attention to me as I have a lot to share with in the sections that follows:
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WHAT DROP SHIPPING BUSINESS IS ALL ABOUT
Drop shipping business is a no risk kind of online money making business that basically involves you marketing and advertising products by listing them for sale on well-known online platforms like Ebay, Amazon, Etsy to get potential buyers.
Now when a customer shows up to buy those listed products, your role is to purchase those products from a third party whole seller or manufacturer and usually in this case it could be Ebay, Amazon, Etsy at a cheaper price and get it forwarded to the buyer.
This means, the third party whole seller or manufacturer now becomes your drop shipper who will ship those products to the buyer on your behalf.
4 ADVANTAGES OF TRYING OUT DROP SHIPPING BUSINESS
I believe by now you are beginning to see how exciting this kind of business can be, right.
Just want to point out to you here on the advantages of trying out a drop shipping online business.
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4 Advantages Of Trying Out Drop Shipping Business
- Little Capital
- Leverage Well Known Marketplaces
- You Don’t Have To Worry About Inventory
- You Don’t Have To Worry About Delivery
Unlike other online businesses that require more capital to get started with, the opposite is the case here for drop shipping business.
You only need little capital to get started with a drop shipping business.
Leverage Well Known Marketplaces
It is obvious that well known market places like Ebay, Amazon, Etsy have existing customer base and that is why it will be a smart move on your part to leverage those existing customer base for your drop shipping business advantage.
You Don’t Have To Worry About Inventory
An inventory helps you keep records of purchases and offers data on sales.
However, in the case of trying out a drop shipping business, you do not have to worry yourself about inventory.
You Don’t Have To Worry About Delivery
Yes, you heard me right, you don’t have to worry about delivery.
Your role is to place your order on behalf of a customer with a third party marketplace and leave the delivery for them to handle.
2 DISADVANTAGES OF DROP SHIPPING BUSINESS
- You Need To Sell A Lot
- When Your Drop Shipper Makes A Mistake It Can Affect You
Because at the end of it all, passion does not create money: money creates passion.
You Need To Sell A Lot
Note that you do not owe the product that the customer wants to buy and you are only buying it at a cheaper price from a manufacturer or whole seller and get it forwarded to the customer.
This will mean that you will need to sell a lot to be able to make good money or lot of cash when trying out a drop shipping kind of business.
When Your Drop Shipper Makes A Mistake It Can Affect You
With this kind of drop shipping business, there are instances that your drop shipper who happens to be the whole seller or manufacturer acting on your behalf for an order you placed for a customer could make a mistake.
In such a situation the buyer or customer will in most cases hold you responsible for a mistake that has been caused by the whole seller, manufacturer or third party.
This could affect business since it could drive away the buyer or customer from doing business with you.
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HERE IS THE BEST PLACE TO BE SUCCESSFUL WITH YOUR DROP SHIPPING BUSINESS
For anyone who wants to start out a drop shipping business , it is obvious that you need to learn to do it right and avoid the usual mistakes a lot of people make along the way that waste away their precious time in making good money with their drop shipping business.
To help you kickstart your very own drop shipping business right now, I am going to be sharing with you here on the best place to get started and ofcourse for free.
Wealthy Affiliate is the best place for you to get started with your drop shipping business.
This is where you are going to learn all about drop shipping business and to do it right.
Wealthy Affiliate is a community based money making program that has an easy step by step training program to quickly help you lunch a successful drop shipping business in few moments from now when you create a free account here.
A community based money making program that has got you covered with all the help and support you will need to make good money with your soon to be drop shipping business for 100% free.
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