Would you like to increase your income thanks to dropshipping ? Okay, the name is quite a bit of a surprise, but it is the fastest way to set up an online store, we guarantee it.
The first thing they tell you in the world of finance is to never put all your eggs in one basket, right?
What about your digital strategy ? Why is it limited to just one revenue stream?
Since 2020, e-commerce has experienced spectacular growth, to the point of exceeding 3.5 billion euros in annual turnover.
Given this situation, creating a new source of income through a apparel company email list dropshipping store may not be such a crazy option.
Don't you think so?
In today's article you will not only discover what dropshipping is , but also how to create your own store with little investment and no inventory.
What is dropshipping and how does it work ?
Dropshipping is a type of online store in which it is not necessary to have a stock of products to sell them.
That is, the retailer does not buy the products until after having sold them to its customers (final consumer).
And how is that done? You might ask.
Very simply, dropshipping store owners are responsible for creating a website that attracts the attention of users and functions as a showcase for their supplier's products.
When a customer purchases an item, the store owner places the order with a wholesaler who stores, packages and ships it to the customer on their behalf. Hence the name dropshipping .
Therefore, if you want to create a dropshipping store , you will only have to manage orders, invoicing and, of course, generate a database that will allow you to get to know your customers better.
Benefits of dropshipping
As you may have guessed, setting up a dropshipping store brings great benefits to its creators:
It does not require a large initial investment
Unlike a traditional business, setting up a dropshipping store doesn't require you to put money up front to get started. In fact, since you pay your supplier with the money you've already collected from your customers, you can start selling without having invested practically anything in your business.
Reduction of fixed costs
To open a dropshipping store , you don't need to incur fixed costs such as renting a warehouse to store the goods or staff to prepare and send the orders. The only fixed costs you'll have to face are those of the website itself (hosting, domain, platform, you know) which, as you can imagine, are ridiculous costs compared to those of a physical store.
It is highly scalable
If we add to the above points that a dropshipping store has no physical barriers, we have a business with a high growth potential. Can you imagine how far you could go? You could expand your market to new countries with the same investment and, over time, even create your own marketplace.
The risk is practically non-existent
Since the fixed costs and initial investment to set up a dropshipping store are so small, if the business doesn't work out there's little to lose. Plus, not having a stock of products allows you to pivot more quickly until you find the right product selection or market niche.
How do you see it? Have we convinced you?
Because below we are going to explain how to create a dropshipping store that will be a hit from the front and back.
How to create a dropshipping store with no inventory and little investment
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