WHAT IS DROPSHIPPING?
Drop shipping is a method where the retailer does not keep any goods in stock, but instead he transfers the customer orders and shipment details to the manufacturer, who then ships the goods directly to the customer.
The biggest difference between Dropshipping and the standard retail model is that the selling merchant doesn't stock or own inventory. Instead, the merchant purchases inventory when required from a third party to fulfill orders and ship directly to the customer.
WHY IS DROPSHIPPING A GREAT WAY TO START YOUR ONLINE BUSINESS?
1 Low Start-Up Cost: You can start selling without a lot of early investment as you don’t have to buy stock or cover the cost of manufacturing your own products.
2 Increase Your Cash Flow: Since you don’t stock the product, you don’t pay for it until it’s been sold. This means you only buy the product once you have already been paid for it.
3 Scalability: You get to test products and add new ones quickly without bearing the burden of ordering in bulk and risking it fail.
4 Increase Lifetime Value Of Customers: With the ability to consistently add new product selections, you can keep your existing customers engaged and returning to your store to see what new items you’ve acquired.
5 No Postal or Shipment Hassle: One of the most interesting points of Dropshipping, is that you never need to touch parcels or worry about going to the post office. Once you have received an order, you simply copy/paste the shipment address to the supplier and he will take care of the rest.
WANT TO LEARN MORE ABOUT DROPSHIPPING?
Dropshipping is a fantastic method to quickly start your online business, with minimal upfront costs and obtain great rewards.
Once this method method is fully understood, the possibilities are virtually unlimited...
Since you do not stock any merchandise, you can test multiple products and see which works best for you.
There is a huge choice among millions of different products to sell!
Here at the Online Entrepreneur Center (OEC), we have developed three different levels of courses:
Level 1: How To Make Money Online With e-Commerce: In this powerful course you will be in a small group of maximum 10 people and learn three different successful methods of how to start building your e-Commerce empire. Learn all about Dropshipping, Print On Demand and Private Labeling in a one hour class fully packed with great information.
Level 2: Dropshipping: If you are already familiar with Dropshipping or are not interested in the other two methods, then we would like to invite you to our hands-on class limited to a maximum of 5 people. In this class we will dive into the more practical side of the method, discovering how to set everything up and start making money.
Level 3: Private Labeling 1 on 1: Prefer a teacher for yourself, not a fan of learning in groups, or simply want an expert to help set everything up for you?
At OEC we have you covered and will even travel to your home for your 1 on 1 class. After our class, you will have your own Web Store and have all the knowledge necessary to launch a successful dropshipping company.