The Street Articles

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

More than 1.8 billion people visit Facebook every day. It is a great media to reach your targeted customers and build your brand strategies easily. Facebook allows cheaper marketing strategies compared to any other platforms making it easier for users to sell their product and popularize their brands online. This could be a better option for any moderate or beginners in business to make their product visible in the market. And most importantly, Selling products on Facebook provides a low cost & flexible options when it comes to costing & maintenance. Facebook not only allows you to post content but let you upload videos and images and tag them to your targeted customers. A great picture is worth thousands of words and can represent the value of your product or service effectively. Facebook provides a wonderful platform to showcase your products & services through images & other multimedia, which greatly attracts prospect customers & clients. Facebook let you share a

That depends on the type of business and how much you make a year. Let's say it makes 150k you will need an LLC to your taxes are higher because you have to pay State and federal depending on your states tax system. Internet is different than local brick an mortar store. You could get by on filing just a 1099 also keep all receipts if you make good you could start selling on Amazon they give a 1099 for the first 20k or 200 items Sold.