So you’ve heard of this dropshpping thing. If you want to get the “dropshipping for dummies crash course” then here it is! It sound’s pretty cool right? What’s even cooler is you can get involved right now today. Want to know what else is pretty cool? You can get rich from it. Now of course not everyone ever gets rich with any business. A few do though and you can be one of them if you play your cards right.
Today I will be starting you on this very journey my friend. So what exactly is dropshipping? It is basically an order fulfillment service that connects customers and wholesalers. This means you are a middleman of sorts. The customer however believes you to be the main seller when in fact you are just the store advertising the products. With dropshipping you hold no inventory or stock. The only thing you need to concern yourself with is marketing the products to the right audience. This means putting the right product in front of the right person basically. When everything is aligned you start making cash.
Where do you get these products from? Aliexpress, a huge Chinese wholesaler that connects tons of warehouses all over Asia. It’s like an Amazon if you want to think of it that way. The problem is these suppliers on Aliexpress are unable to reach people as well as you can. They want to target wealthy Westerners but the problem is getting noticed.
This is where you come in. You will take products on Aliexpress and host them on your store. Your main job is marketing these products. The main way to do this is on Instagram or Facebook. If a customer sees your ad and likes it they will click through to your store. If they really like your product they’ll punch in their payment details and hit purchase. You’ll then receive a notification informing you that you’ve got money. That’s the fun part if you ask me.
Once you receive the order you’re now all clear to order the product for the customer on Aliexpress. The customer will then receive a notification to tell them their product is being processed. You are then free to sit back, relax and watch the money pour in. Of course there is more to it than that but that’s the general outline honestly.
The Main Reasons Dropshipping for Dummies Works
There are a ton of benefits to dropshipping you may not know about:
- Huge margins – If you play your cards right you can make stacks with each sale. It’s not uncommon to sell a $20 product on Aliexpress for $60. Take away ad costs and you get to take home the difference. Now imagine you sell 1000 products, don’t be afraid to think big.
- Low risk – As you don’t need any inventory you have minimal upfront costs. You don’t have to buy all your products beforehand and store them in an expensive warehouse. No, nothing like that at all. You actually never have to even see the product you’re selling in person. All you do is take your customers money and buy the product they want.
- Low barrier to entry – There is no “Dropshipping University Degree” required to start. Does that even exist? I hope not, I bet it would be terrible. It would probably be taught by dropshipping professors who have never even dropshipped. I’m getting sidetracked here. But seriously anyone can start dropshipping. All you need is enough money to buy MyDrop.Shop and you’re good to go. There is no longer any need to take out a 50k loan from the bank to start a business. You don’t have to go into any debt either. All you need is a laptop to start.
You have successfully completed the “dropshipping for dummies crash course”, well done. Now it’s time to start making some sweet sales!