{"id":31,"date":"2018-08-07T06:54:04","date_gmt":"2018-08-07T06:54:04","guid":{"rendered":"http:\/\/edreamztech.com\/blog\/?p=31"},"modified":"2018-08-07T06:54:04","modified_gmt":"2018-08-07T06:54:04","slug":"launching-a-dropshipping-business","status":"publish","type":"post","link":"https:\/\/www.edreamztech.com\/blog\/launching-a-dropshipping-business\/","title":{"rendered":"Launching a Dropshipping Business"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\"><strong>Drop-shipping<\/strong> is a system by which you offer something for sale but don&#8217;t actually have a physical inventory to get the item from and sell. Instead, you have a contract with one or more companies who will actually package and ship the item on your behalf. It is easier than it sounds. But not too easy;)<\/span><\/p>\n<p class=\"p1\"><strong><span class=\"s1\">How Dropshipping Works.<\/span><\/strong><\/p>\n<ol class=\"ol1\">\n<li class=\"li3\"><span class=\"s1\">You get orders in your store<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">At a set time, on the day you report the orders to your dropshipping provider<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">You pay the drop shipper with the money you just got off of your customer<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">Your drop shipper handles the order<\/span>\n<ul class=\"ul1\">\n<li class=\"li3\"><span class=\"s1\">Processes your order<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">Finds the products in his stock<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">Orders new products when stock runs out<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">Packages the order<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">Adds an invoice with your name (sometimes logo too) on it<\/span><\/li>\n<li class=\"li3\"><span class=\"s1\">Ships the package to your customer, often internationally as well<\/span><\/li>\n<\/ul>\n<\/li>\n<li class=\"li3\"><span class=\"s1\">You go drink some tea<\/span><\/li>\n<\/ol>\n<p><strong>There\u00a0 are three elements of Dropshipping<\/strong><span class=\"s1\"><strong>:<\/strong> <\/span><\/p>\n<ol>\n<li><span class=\"s1\"><strong>Webstore<\/strong>:\u00a0<\/span><span class=\"s1\">Your products need a home. The website is the functional part of this whole system. It\u2019s what your customer sees, never knowing or caring what happens behind the scenes.<\/span><\/li>\n<li><span class=\"s1\"><strong>Supply Chain<\/strong>:\u00a0<\/span>Your products need to come from somewhere. In the past, you needed to stock up on products from a supplier before starting your website, resulting in high investment costs. Well, there is a new game in town preventing such a situation (hint: you won\u2019t even have your own stock).<\/li>\n<li><span class=\"s1\"><strong>Marketing<\/strong>:\u00a0<\/span>What good is a website if nobody knows about it? There are many tactics to promote your website and we\u2019ll run through some of the most successful ones.<\/li>\n<\/ol>\n<p><strong>Advantages of Dropshipping Business :<\/strong><\/p>\n<ol class=\"ol1\">\n<li class=\"li1\"><span class=\"s1\"><strong>No Risk:\u00a0<\/strong>As a drop shipper, you don\u2019t manufacture physical products, and don\u2019t have to work manually. At the same time, you spend no money on buying items for reselling. Plus, you don\u2019t have any extra costs related to renting a warehouse or an office and hiring staff. Even if your business doesn\u2019t work as planned at first, you don\u2019t lose money or reputation.\n<p><\/span><\/li>\n<li class=\"li1\"><span class=\"s1\"><strong>Minimal Effort:\u00a0<\/strong>Drop shipping, in turn, doesn\u2019t demand you to invest all your time and efforts in the store management. It works quite the opposite way: with dozens of\u00a0<a href=\"https:\/\/alidropship.com\/how-you-can-overcome-typical-dropshipping-challenges-with-automated-dropshipping-solutions\/\"><span class=\"s3\">automated solutions<\/span><\/a>, you can complete the majority of tasks automatically and save enough time for the things that require your personal attention and individual approach (most importantly, customer relations management).\n<p><\/span><\/li>\n<li class=\"li1\"><span class=\"s1\"><strong>Making Money from Hobby:\u00a0<\/strong>The same is true for your current hobbies that you love and enjoy: if you like sewing, or dedicate your evenings to the drawing, or adore pets\u2019 grooming and training, you can definitely create a store aimed at like-minded people with the same interests. You work with something you\u2019re really passionate about, so you are highly motivated to keep going even if something doesn\u2019t work out at the beginning. You know the niche really well, so it\u2019s easy for you to\u00a0pick the most appealing items for your store and follow the most recent and relevant market trends.\n<p><\/span><\/li>\n<li class=\"li1\"><span class=\"s1\"><strong>Helpful Guidance:\u00a0<\/strong>Drop shipping business is quite young. Still, the experience and knowledge accumulated in the industry are already impressive. People who already tried drop shipping are willing to\u00a0<a href=\"https:\/\/forum.alidropship.com\/\"><span class=\"s3\">share their business journeys and smart tips on thematic forums<\/span><\/a>, and it gives you a brilliant opportunity to interact with proficient businessmen to learn a trick or two. Plus, there exist enough\u00a0<a href=\"https:\/\/alidropship.com\/codex\/\"><span class=\"s3\">educational materials<\/span><\/a>\u00a0and even\u00a0<a href=\"https:\/\/alidropship.com\/guides\/\"><span class=\"s3\">guides<\/span><\/a>\u00a0to help you sort out anything you don\u2019t know yet. You can even opt for\u00a0<a href=\"https:\/\/www.youtube.com\/channel\/UCO8h6PHW7OC6zP6pHi1NvKQ\/featured\"><span class=\"s3\">video tutorials<\/span><\/a>\u00a0if you prefer this form of learning.\n<p><\/span><\/li>\n<li class=\"li3\"><span class=\"s5\"><strong>Learning from the best:\u00a0<\/strong>On the one hand, it\u2019s quite mature already: successful entrepreneurs share their\u00a0<a href=\"https:\/\/alidropship.com\/category\/blog\/success-stories\/\"><span class=\"s3\">business stories<\/span><\/a>, so you can take a look at some real-life examples and understand what you can expect from drop shipping and what is its potential.\u00a0<\/span><span class=\"s1\">On the other hand, this business field is not overly saturated yet; as for now, this model is mostly tried by people from well-developed countries with unlimited access to the Internet. This is why it\u2019s safe to say that drop shipping still has a huge potential for growth, especially in the emerging countries. And this is why it\u2019s so important to get involved in business NOW\n<p><\/span><\/li>\n<li class=\"li3\"><span class=\"s5\"><strong>Expanding your Skill Sets:\u00a0<\/strong>Even if you decide to quit this business in some time, you won\u2019t be left empty-handed. Apart from all the money you\u2019ve earned, you\u2019ll have something even more valuable: knowledge and experience.<\/span><span class=\"s1\"> When you do drop shipping, you eventually get a bunch of priceless skills that can come in handy for your regular full-time job. These skills include social networks management, digital marketing in general, customer relations management, website performance analytics, and many others.\n<p><\/span><\/li>\n<li class=\"li1\"><span class=\"s1\"><strong>Unlimited Growth Potential:\u00a0<\/strong>This is the year 1999; Jeff Bezos, the founder of Amazon.com, has no idea yet that he will build an unprecedented e-commerce empire and become\u00a0<a href=\"http:\/\/money.cnn.com\/2018\/01\/09\/technology\/jeff-bezos-richest\/index.html\"><span class=\"s3\">the richest person of all time<\/span><\/a>\u00a0by 2018. Having started from scratch, from launching a really basic online store, he became a role model and inspiration for thousands of people all over the globe who explore the opportunities of e-commerce.<br \/>\nThis is not the only story of this kind; Tony Hsieh, the founder of Zappos, also had a simple drop shipping store at the beginning of his business journey.\u00a0<a href=\"https:\/\/alidropship.com\/one-of-the-most-inspiring-drop-shipping-success-stories\/\"><span class=\"s3\">Look what he managed to achieve<\/span><\/a>!<\/p>\n<p><\/span><\/li>\n<li class=\"li1\"><strong><span class=\"s7\">Thousands of Vacant Niches:\u00a0<\/span><\/strong><span class=\"s8\">As we have already mentioned, drop shipping business is still staying at the growth stage. Technologies and automated solutions for its smooth running emerge every year, and new exciting products and product categories appear daily.<\/span><span class=\"s7\">\u00a0The point is, if you use\u00a0<a href=\"https:\/\/alidropship.com\/best-dropshipping-suppliers-why-choose-aliexpress\/\"><span class=\"s3\">AliExpress as the core platform to find and pick suppliers<\/span><\/a>, you have over 100 million items to choose from \u2013 this lets you create a unique product offer and explore a highly specific product niche that is not taken by anyone yet.\n<p><\/span><\/li>\n<li class=\"li1\"><strong><span class=\"s10\">Fortunate Growth of Manufacturing Technologies:\u00a0<\/span><\/strong><span class=\"s1\">Speaking in simple terms, it means that the more you produce, the lower are your production costs. Since technologies and machinery are evolving rapidly, it becomes more and more profitable for manufacturers to produce items in huge amounts, and the price for this items gets lower gradually. This means that you can find great items on AliExpress for a fraction of the cost, and as the result, you can increase them several times after adding to your store \u2013 your buyer won\u2019t notice the difference!\n<p><\/span><\/li>\n<li class=\"li3\"><strong><span class=\"s5\">Information Technology Boost:\u00a0<\/span><\/strong><span class=\"s1\">With the rapid rise of various information technologies, transport infrastructure and logistics services, you as a drop shipper get unrivaled opportunities to meet effective demand on the markets that were previously unavailable in terms of their geographic location and\/or Internet penetration, devices affordability, payment gateways availability, etc.<\/span><\/li>\n<\/ol>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Drop-shipping is a system by which you offer something for sale but don&#8217;t actually have a physical inventory to get the item from and sell. Instead, you have a contract with one or more companies who will actually package and ship the &hellip; <\/p>\n","protected":false},"author":2,"featured_media":33,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[8,3,7,5,6],"class_list":["post-31","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest","tag-alidropship","tag-dropshipping","tag-oberlo","tag-shopify","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/posts\/31","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/comments?post=31"}],"version-history":[{"count":2,"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/posts\/31\/revisions"}],"predecessor-version":[{"id":34,"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/posts\/31\/revisions\/34"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/media\/33"}],"wp:attachment":[{"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/media?parent=31"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/categories?post=31"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edreamztech.com\/blog\/wp-json\/wp\/v2\/tags?post=31"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}