Can anyone let me know what drop shipping business is im interested but don't understand the meaning of that. how do you make money what do you do what is being done
Hi vitaminc, A dropshipper is basically a wholesaler, but instead of buying stock before hand you only purchase an item when it's sold, and the dropshipper ships the item directly to the customer. While there are many reliable dropshippers out there, there are also a lot of scammers, and you have to be really careful when choosing one, as you're putting your website/company's reputation in the hands of another company. I've personally never done any business using dropshippers, maybe someone else could share their experience?
Drop shipping is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to wholesalers, who then ship the goods directly to the customer. The retailers make their profit on the difference between the wholesale and retail price. Yes i can earn around $1k/month alone selling at ebay.