Drop Shipping makes it possible for small business owners to successfully manage an online retail store, where he or she provides consumers products through a professional looking website.
The great thing about dropshipping is the freedom it provides the business owner — once you connect with a company willing to drop ship products for your retail store online, you can forgo the need to keep a stock of inventory on hand, the need to process shipping information, and other tasks related to delivering your customer what he or she ordered. This end of the process is handled by your drop shipping company, which frees you to focus on finding new customers, helping existing customers with support, or even enjoying your day poolside.
To help you get started, check out the following dropshipping articles — all of which will help you with your drop ship needs, but feel free to send us your questions!
- Find Products you Want to Sell
- Drop Shipping Limits and How to Overcome Them
- Drop Shipping Customer Service
What Is Drop Shipping?
Drop shipping is an approach many retailers opt to take in regard to the way they ship the products they sell online. This is beneficial for several reasons, but freeing yourself from a need to stock inventory and shipping direct from the manufacturer are perhaps the most powerful.
Drop shipping is how retailers ship merchandise to their customers directly from the supplier. This frees the retailer up from having to stock inventory, which in turn saves on overhead and headache.
How dropshipping works is simple: when a product sells from a retail store online, the retailer sends the order to the supplier and the supplier packages and ships the order to the end customer. This frees the retailers from any risk involved with stocking inventory.
So while brick and mortar retail stores purchase their products upfront in hope that customers will eventually buy them, you can bypass this risk. This can save you a lot of money over time — maybe even save your business from going under.
It’s common for retail stores to open and close rather quickly due to the lack of interest customer have in the product … and once you stock your product, you own it, so if you don’t sell it, it’s a loss for your business.