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In recent years, more and more people are turning to the Internet in the hope of earning some extra money. It is touted as the best way to earn money online, from clicking on ads or reading email to opening your own hosting company.
While some of these methods can provide you with a decent online income, most of them never work.
Recently, a relatively new method is being promoted as a good method to make money online, called dropshipping.
But what exactly is direct shipping?
Does it really work?
What are the benefits and are there risks involved?
In this article, we will try to find the answers to all these questions by exploring the world of direct shipping.
First of all, what is dropshipping?
Dropshipping is a method of managing the supply chain in which the seller accepts the payment of an order, but the customer receives the product directly from the manufacturer's warehouse. In a direct shipping business model, the seller acts as an intermediary between the manufacturer and the customer. Your benefit is the price difference between the wholesale price and the retail price of the item sold.
Can the dropshipping really work? Yes and no. For some people it works very well, but for others it is a complete failure. There are many factors involved in making the dropshipping business model work, such as:
1) The product that is sold - usually dropshipping works only with high quality products. If you try to sell a low quality product, your customers will request a replacement or a refund, so you will have a great loss, since the cost of shipping the reverse logistics will be paid by you.
2) The price of the product: if the product has a competitive price, dropshipping will work, but if your supplier will request a price higher than its competitors, the dropshipping business will not work for you.
3) Delivery time: if your supplier can not ship the products quickly, your customers will be dissatisfied, leaving you with bad reviews and sinking their reputation.
4) Honesty of the supplier: in a dropshipping business, a good supplier means a lot. There have been many cases in which suppliers deceived sellers, sent defective or low-cost products to buyers, so it is very important with which supplier to start the dropshipping business.
Telechargé par
Jan Van der Boom
Nécessite Android
Android 4.3+
Catégories
Signaler
Last updated on Jul 24, 2019
Minor bug fixes and improvements. Install or update to the newest version to check it out!
Guide To Dropshipping On Autopilot
1.2 by zenith Developer
Jul 24, 2019