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What Is Dropshipping - Business - Nairaland

Nairaland ForumNairaland GeneralBusinessWhat Is Dropshipping (511 Views)

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What Is Dropshipping by JULIUS15151(op): 5:32pm On Feb 13, 2023
What is dropshipping?
Dropshipping is about selling products you don't buy, store and ship to customers yet your earn greatly from it either in naira when you sell to the local Market or in dollars when you sell to the international market.
Dropshipping is often seen as a no hassle get rich quick scheme, but it's not. Just like any other e-commerce business, it takes dedication to get your startup running and successful.
How does dropshipping work?
1. A customer places an order from your online store
2. You send the order to your dropshipping supplier. 3. Your dropshipping supplier prepare your customer order.
4. Your dropshipping supplier ships the order directly to your customer.

How to start a drop shipping business:
1. Find out what you want to sell. What is it you want to sell? Carve out a niche for yourself and determine the category of products you want to sell.
2. Find a supplier that is reliable
3. Build your website. A website is an address that people can visit to make buying choice .
4. Invest in marketing/Advertisement. Without customers looking to buy, you don't have a business. Don't overlook the importance of using digital marketing to grow your customer base. This can be done by running targeted ads on Facebook, Instagram, google etc

Benefits of dropshipping:
1. Easy to start: dropshipping is easy to start because you don't have to deal with physical products, you don't have to pay for a warehouse, you don't have to worry about shipping the product to your customers.
2. Flexible location: dropshipping business can be done from anywhere even from the comfort of your home as long as there is a good internet connection.
3. Wide range of products to choose from to sell.
4. You get to earn greatly from it .

Dropshipping is a great business model for aspiring entrepreneurs to start .

Here's the link to a step by step training video:

https://www.youtube.com/watch?v=ukas2QpQUj8
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