What is drop shipping? How does it work? How to start a drop shipping business! There is often a long list of questions when you want to start a new project, so if you are thinking about the drop shipping business and are not really sure – you have come to the right place. In this article we will share all the details with you of how the start a drops shipping business with The Real CBD. We have created features no one else has, and you won’t find such high earnings any other place.
1. What is drop shipping?
Drop shipping is a retail fulfillment method where the “shop” doesn’t keep the products it sells in stock. Instead, when the shop sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly.
Dropshipping is great for entrepreneurs because it doesn’t demand as much as the traditional retail model. You don’t have to open a physical store, pay overhead, and stock products. Instead, you open an online storefront and buy wholesale from suppliers who already have products and warehouse space.
And best of all:
- No money out of pocket to buy products!
You only make your product purchases once your customer pays you first, then you’re dropshipping supplier handles all of the fulfillment from there, making the entire process hands-free for you.
That also means you never risk trying to sell products nobody wants, so you avoid having dead inventory as well.
That’s a huge advantage!
This means you can focus more on marketing and growing your eCommerce store and less on running everything.
5. Drop shipping vs. Affiliate
You simply place an identical order with the distributor at a wholesale price and the distributor takes care of shipping the product to the end customer for you. The amount of profit you make is your selling price minus the wholesale price.
The main advantage of dropshipping of course is that you don’t have to manage inventory or product fulfillment. However, since you are selling the product under your own store name, you are still responsible for customer support.
If you want to know more about The Real CBD drop shipping click here
With affiliate marketing, you are promoting other people’s products similar to drop shipping. One of the big benefits to affiliate marketing though, and one of its biggest advantages that draws people in, is you do not have to handle orders.
Since you are simply referring people to someone else’s online store, you won’t be processing orders. You are not having to charge their credit card and their money is not going directly to your bank account. You don’t have to deal with a potential customer calling you and saying, “Hey, my credit card isn’t working.” That doesn’t happen because you don’t process the orders with affiliate marketing, making it one of the biggest benefits.
If you want to know more about The Real CBD’s affiliate program click here