Hey guys, sorry for being absent, last week I was studying at home and a very good friend of mine wrote saying me: " Hey do you want to earn money?".
I tought this is a joke or something like that but now I started with him a new business focus on dropshipping, i think that is a good way to earn an extra salary at the end of the month.
Here you have more information about dropshipping:
What is dropshipping?
The dropshipping is what you are looking for if you need to create a cheap online store . This business model is based on a logistics management system by which you offer products in your store without having them in stock. In colloquial terms, it is the so-called commission agent. You sell the products of your suppliers in your online store, which will have no stock and you only worry about getting sales. Therefore, we can say that the figure of the retailer and owner of the ecommerce plays a role of mere intermediary. Some benefits are:
These cheap online stores require much less investment compared to a physical one.
You will not have to think about any logistics or distribution aspect when creating your online store.
Your own provider (dropshipper) will directly send orders to your customers.
Many less fixed expenses and less work than in a physical store or other models of online stores.
And many more advantages that I will tell you next.
Logistics is usually one of the parts where you think least when creating an online store, be it cheap or whatever , and yet, it is one of the most important parts to take into account due to its difficulty and expenses derived from it. Therefore, if you are considering undertaking a digital environment and setting up a cheap online store, the dropshipping model is a good option to get rid of the headaches of the logistics system. Instead, you must have firm agreements achieved through negotiations with the wholesale dropshipper that meet the conditions established for that logistics. The supplier must scrupulously comply with the agreement so as not to damage the reputation and good work of the online store. So, is it interesting that we can delegate it?
Video: What is Dropshipping?
Why choose the dropshipping to create your cheap online store?
The 3 biggest reasons why dropshipping is such an interesting business model are:
Little investment: Requires little investment and less risk than any physical store. You do not have to face certain types of expenses such as storage or distribution
Scalability of the business: You can sell anywhere in the world. Nowadays the digital environment has no limits, so there are no borders or horizons that limit your range of action in the market. The character of this cheap online store allows you to increase profits without having to reinvest part of them in the business.
Centralization of work: In this case, your job is only to sell the products, delegating the rest to other professionals. The tasks and time consumed are very small, so the dedication demanded by the cheap online store is not excessive, but we must bear in mind that, for the client, we are solely responsible for the entire process.
