The Expert Pick to Dropshipping Business Model + Guide to setup dropship store.
In the past years, more people turn to the online world in a hope of earning some extra income. Anything from ridiculous clicking on ads or reading email, to opening your very own hosting company is promoted as the best way of earning money online. While some of these methods may provide you a decent online income, most of them never work.
Since 2010, dropshipping, an entirely new method, has been promoted as a good method of making huge income in the online space.
- But what exactly is dropshipping?
- Does it really work?
- What are the benefits and are there any risks involved in dropshipping?
As seen on Wikipedia,
Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers the customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer. As in retail businesses, the majority of retailers make their profit on the difference between the wholesale and retail price, but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.
With that I believe you understand the concept of drop shipping.
So, I will not bug you with lots of definitions. Lets get into the venture…
How do I get started with Drop shipping?
Dropshipping requires a few things to get your business up and selling.
- You need a website (Hosted wordpress website recommended for flexibility)
- Dropshipping Plugin that helps you setup the entire shop in less than 24 hours.
- An account with Drop ship vendor marketplace.
Getting Hosting & Installing WordPress
I recommend Interserver webhosting service for your dropshipping store. Once you buy your webhosting, they can set the wordpress up for you.
Their support is online 24/7 – even on holiday.
Getting The Complete Dropship Plugin
There may be lots of Dropship plugin you find out there, but the truth remains that non of them is good enough to get you started.
Just log on to Alidropship and get the premium plugin with wordpress themes that is very compatible with plugin.
I so not recommend Alidropship because of how robost their plugin is, but because Alidropship
- Integrates seemlessly to woocommerce
- It is easy to install and setup
- It comes with online documentation
- The Developer has a support forum
- And much more.
[ Click here ] to get Alidropship plugin fast.
An Account with dropship vendors marketplace
Once you have Alidropship, the next step will be to get list of vendors that sell same thing as you.
Websites where you can find dropship vendors:
Remember, the list does not end here. But these are the top-rated companies that you can get started with.
In fact, I recommend only https://aliexpress.com becuase that is what I used and it integrated seamlessly.
Have any questions, just ask me in the comment box.