The Ultimate Guide to Dropshipping
Dropshipping allows entrepreneurs to set up an online business that sells products directly to customers without having to stock the items. Dropshipping stores purchase products from third parties and have them shipped directly to their customers.
Dropshipping is a great way for independent businesses to try out new product lines without the need to purchase and pay upfront. Dropshipping is a business model which allows more people to get involved in entrepreneurship. To get started, check out our guide on how to start your own business.
These costs can often feel very restrictive because entrepreneurs must spend significant amounts of money on inventory before they can sell. We’re working on services such as Shopify Capital that will help businesses access the capital they need, but dropshipping is still a viable option for entrepreneurs to provide products to customers directly without the need to store inventory. Dropshipping is retail’s equivalent of cloud computing.
Despite this, many still have questions about the model. This is why we created this dropshipping guide. It will explain how dropshipping works, how to find reliable suppliers, how you pick the right products for dropshipping, sales and marketing tips, and how to make a living online through dropshipping.
Dropshipping: What does it mean?
Dropshipping is a retail business model that doesn’t require the seller to have stock. The store buys the product from a third-party and ships it directly to the customer. Rarely does the seller handle the product directly.
How do I dropship Shopify products?
Find a dropshipping business concept, do competitive research on a product, find a supplier, build an ecommerce store and register it with the government. Once your products are loaded onto the site, launch your dropshipping shop and get marketing started.