If you are planning to put up your own business but with only a little capital, then you might want to consider dropshipping. There are free dropshipping sites out there and they will enable you to start your own business with little to no capital at all. With this kind of business, you do not need to stock the product you are selling. Once the order comes in you contact a third party who’s going to ship the order directly to your customer. Since you are not going to stock the items, you will be able to save a lot of money. No product will be ever wasted as there is already available customer for a particular order. Hence, making dropshipping business an alluring one.
How does it work?
Basically, a dropshipping business works like this: you open your eCommerce store and put products you want to offer to your target market. Make sure that these products are from vendors/suppliers that enable you to sell products on their behalf. Such vendors and suppliers store the product and once the order comes in through you, then they will prepare the product, pack, and ship, and send the tracking information to you so that you can relay the information to the client. Once the customer pays you, then that’s the time you pay the supplier.
The question is where to find vendors or suppliers? Well, there are plenty of options online and one of which is eBay. You can also source from eBay similar companies like GoTen and Amazon. The beauty of dropshipping is it requires little to no capital. So, even if you don’t have ample amount of money to begin your own business, you can surely try on dropshipping. Plus, you can operate your business right in the comfort of home.
