To keep it simple, imagine you are selling products from home but all the logistics and inventory are managed by someone else for free. You don’t even have to touch the goods to sell them! All the packaging and shipping duties (as well as costs) will be handled by your supplier.
Sounds too good to be true? Well, fortunately, there is a time-tested business model built around this idea and proven to be more than reliable. These are the core principles of the so-called dropshipping business model.
Dropshipping means you simply set up your online store, fill it with the information on the products you’d like to sell from home, and transfer the incoming orders to the original product supplier. It’s that easy. As we said, your supplier manages the orders and ships them out directly to your customers.
Starting with the essentials, of course, you need an idea. Your business will revolve around your idea of what products you choose to sell, what approach you’d take to market your products, and how you will cater to your audience’s needs.
But before we touch on that, let’s go step by step on how you should set everything up.
So, let’s say that you’ve already thought through what products you are going to sell. But how are you going to sell them? If you want to properly set up your business, you are going to need a platform to showcase your product offers.
There are several ways to establish your platform where you will sell your products. You can try to create your own website, use an already existing marketplace as your platform, or purchase a ready solution.
Read more here: How to sell other people's products from home
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