During the past years, Drop-shipping has emerged as one of the most profitable businesses. It is defined as a technique in supply chain management in which the retailer or any other person, does not keep products and goods in his shop as the stock. Instead, the drop-shipper keeps sample products or list of catalogues of products in which he is dealing in.

When customer orders product from a drop-shipper, he transfers customer's order to wholesaler, distributor or manufacturer, who delivers the product to customer direct from their inventory. Some time earlier, Drop-shippers were mainly retailers but now-a-days many other people have also started Drop-shipping business.

It is very easy business as anyone can do it as long as he has good understanding of supply chain management and general know-how of market trends. Drop-shipping is a home based business and can be operated from any part of the world; the drop-shipper only needs a computer, internet and an operating website either personal or an eCommerce site to showcase his products. Drop-shipping is now considered one of the most profit generating home based businesses which can reap high profits easily without any investment.

Three kinds of Drop-shipping are widely known. Blind Shipping”, in which no return mailing address is sent to customer, so that customer cannot contact wholesaler. The second type is Private Label Shipping”, in which product is delivered through wholesaler but return address of drop-shipper is also sent. The last type is Customized Packing Slip” in which drop-shipper s name, company logo and contact information is sent as a return address.

This business has no start-up costs; means that the dropshipper has to pay nothing from his pocket. Loss prevention is another big benefit of this business as the risk of loss is negligible and there is no need to spend costs on preventing it. Chances of broken, damaged or loss inventory are totally zero because dropshipper has no inventory in hand.

There are also no chances of frauds or delayed payments as whenever the customer orders the product, first the money is transferred in to drop shipper s account then he forwards the order and money to his wholesale suppliers.

i have seen instances where drop-shippers makes not less than $80 for every transaction. i will give you a typical examples. the first time i came across a product called "stop snoring" is from a drop-shipper. the product is aimed at stopping people from snoring when they are asleep. the drop-shipper created a personal site, added some scientific illustrations of how the product functions and how the product can stop you from snoring, how your loved ones can be more pleased with you when both of you are asleep since you no longer disturb them with your frog-like snoring etc. he was selling the product for 99usd. after making a little research about how people in my area in abuja will love the product, the demand was much and i later found out that the cost of buying the product from manufacturers was only $0.50-$3. lol, you see with little packaging and advert the above example shows you how a drop-shipper was making not less than 80usd/transaction. their are hundreds of such related products that can make mega bucks.

The only thing to consider while doing Dropshipping business is to remain up to date with your wholesale supplier and his inventory.

your drop-shipping related questions are highly welcome

My brother how can drop shipping work in furniture market. I'm planning on venturing into it.

ubazman:
My brother how can drop shipping work in furniture market. I'm planning on venturing into it.

drop-shipping can work in almost all markets including furniture. locate a manufacturer in china or so that accepts drop-shipping. agree on drop-shipping terms with him, get his list of inventory, showcase the products and market them. lastly await the cash and also do not forget to provide a very good customer support

thanks for the info passed across. I would like to know great sites which i can use for dropshipping biz? The processes involved? How to take advantage of this as a nigerian. Thanks

I like d idea, dealdey get dem plenty, d 400 or 500N shippin fee goes to dem

Informative.

importexpert:


drop-shipping can work in almost all markets including furniture. locate a manufacturer in china or so that accepts drop-shipping. agree on drop-shipping terms with him, get his list of inventory, showcase the products and market them. lastly await the cash and also do not forget to provide a very good customer support

my own questions is how can I be an agent in such business am interested

@op abeg subsidize this your post e too long like queue

if na cossy or moyo lawal or other yeyebrity dis thread go don enter page 2, nigerians don't like information

importexpert:
During the past years, Drop-shipping has emerged as one of the most profitable businesses. It is defined as a technique in supply chain management in which the retailer or any other person, does not keep products and goods in his shop as the stock. Instead, the drop-shipper keeps sample products or list of catalogues of products in which he is dealing in.

When customer orders product from a drop-shipper, he transfers customer's order to wholesaler, distributor or manufacturer, who delivers the product to customer direct from their inventory. Some time earlier, Drop-shippers were mainly retailers but now-a-days many other people have also started Drop-shipping business.

It is very easy business as anyone can do it as long as he has good understanding of supply chain management and general know-how of market trends. Drop-shipping is a home based business and can be operated from any part of the world; the drop-shipper only needs a computer, internet and an operating website either personal or an eCommerce site to showcase his products. Drop-shipping is now considered one of the most profit generating home based businesses which can reap high profits easily without any investment.

Three kinds of Drop-shipping are widely known. Blind Shipping”, in which no return mailing address is sent to customer, so that customer cannot contact wholesaler. The second type is Private Label Shipping”, in which product is delivered through wholesaler but return address of drop-shipper is also sent. The last type is Customized Packing Slip” in which drop-shipper s name, company logo and contact information is sent as a return address.

This business has no start-up costs; means that the dropshipper has to pay nothing from his pocket. Loss prevention is another big benefit of this business as the risk of loss is negligible and there is no need to spend costs on preventing it. Chances of broken, damaged or loss inventory are totally zero because dropshipper has no inventory in hand.

There are also no chances of frauds or delayed payments as whenever the customer orders the product, first the money is transferred in to drop shipper s account then he forwards the order and money to his wholesale suppliers.

i have seen instances where drop-shippers makes not less than $80 for every transaction. i will give you a typical examples. the first time i came across a product called "stop snoring" is from a drop-shipper. the product is aimed at stopping people from snoring when they are asleep. the drop-shipper created a personal site, added some scientific illustrations of how the product functions and how the product can stop you from snoring, how your loved ones can be more pleased with you when both of you are asleep since you no longer disturb them with your frog-like snoring etc. he was selling the product for 99usd. after making a little research about how people in my area in abuja will love the product, the demand was much and i later found out that the cost of buying the product from manufacturers was only $0.50-$3. lol, you see with little packaging and advert the above example shows you how a drop-shipper was making not less than 80usd/transaction. their are hundreds of such related products that can make mega bucks.

The only thing to consider while doing Dropshipping business is to remain up to date with your wholesale supplier and his inventory.

nice thread, really interested in it..... Can I av ur watsapp number so u can put me thru better

My question... How can we drop Buhari from steering the ship of this country?

K

You nailed it. I mostly advice unemployed graduates to go into this but do you know many of them are even too lazy to do this. You don't necessarily have to get supplier from overseas to venture into this. Look around you, make sure you can see well.


This is the first time I'm able to post on a topic on first page on nairaland. Those that need this info are busy commenting on Tonto Dike's thread. They have read this and over looked it. You can see how dry this page is and that's an evidence of lack of wisdom in Nigeria. Or don't we have unemployed on nairaland anymore?

.

Nice write up.

importexpert:


drop-shipping can work in almost all markets including furniture. locate a manufacturer in china or so that accepts drop-shipping. agree on drop-shipping terms with him, get his list of inventory, showcase the products and market them. lastly await the cash and also do not forget to provide a very good customer support

I need more info on this business because ayam interested. how do i contact you?

how can i get a website in china that can accept drop shipping and what further information do you have on mini importation?
send me mail on togetherwecanmakewonders@gmail.com

I still dont get

Nice business but not possible in Nigeria

A thorough knowledge of the product and company you wish to sell/promote is also encouraged.

this stuff looks like easy money ooooo

Lovely morning OP, my friend earlier asked which great websites can one do dropshipping with. Would really appreciate an answer to that. Thank you.

lanxlot:
My question... How can we drop Buhari from steering the ship of this country?

It's too early in the morning to be playing the silly game

Nice idea. Worthy exposé

What's tha business?

When you see a reasonable thread on nl, only few people can be responsible

importexpert:
your drop-shipping related questions are highly welcome

pls how can i be an agent...can u link me with wholesale company.

@op i currently use a nokia6220i can i use it to run dis kinda biz?

Drop-shipping is all over, have you asked yourself what the online marketplaces are doing, especially here in Nigeria?

richling77:
You nailed it. I mostly advice unemployed graduates to go into this but do you know many of them are even too lazy to do this. You don't necessarily have to get supplier from overseas to venture into this. Look around you, make sure you can see well.


This is the first time I'm able to post on a topic on first page on nairaland. Those that need this info are busy commenting on Tonto Dike's thread. They have read this and over looked it. You can see how dry this page is and that's an evidence of lack of wisdom in Nigeria. Or don't we have unemployed on nairaland anymore?

them dey in plenty folds. they are not employed and never serious about employing themselves.

wink2015:
Nice write up.

thanks bro