Dropshipping is a business model where you sell products through your own online store without maintaining an inventory. Now, you might ask, how can you sell through your own store without any inventory. Well, that's what dropshipping business is about. When you do dropshipping business, you sell from your store, however, the product is packaged and shipped by another company. You do not have to procure any products and maintain an inventory for dropshipping business.
Dropshipping business is very different from affiliate marketing. In affiliate marketing, you refer buyers to an ecommerce store and when the products get sold, you earn commission. Whereas when you are dropshipping, you are actually selling products on the price you have listed, when a buyer orders a product, you take the order, receive payment, you than forward the shipping detail to the supplier, who packs the product and sends to the buyer.
There are a lot of platforms for dropshipping store, and one of the most popular dropshipping platforms is shopify. It cost around $500 to start a dropshipping business with shopify (price includes subscription fees, plugin fees, etc.) By the way, you can also use wordpress to create dropshipping store.
Dropshipping business is very different from affiliate marketing. In affiliate marketing, you refer buyers to an ecommerce store and when the products get sold, you earn commission. Whereas when you are dropshipping, you are actually selling products on the price you have listed, when a buyer orders a product, you take the order, receive payment, you than forward the shipping detail to the supplier, who packs the product and sends to the buyer.
There are a lot of platforms for dropshipping store, and one of the most popular dropshipping platforms is shopify. It cost around $500 to start a dropshipping business with shopify (price includes subscription fees, plugin fees, etc.) By the way, you can also use wordpress to create dropshipping store.