How it works?
Dropshipping works when a dropshipper fulfills orders with the help of a third party such as wholesaler or an ecommerce store that sells the product at an even lower price .e.g AliExpress. Most dropshippers sell products directly from Chinese manufacturers because the prices in China for most products are quite low. If the wholesaler’s price for a product is $10, a dropshipper will sell it for $15 and keep $5 for themselves. Most dropshippers target countries with higher purchasing power.
How to Start an Ecommerce Dropshipping Business?
A dropshipping business takes only a few minutes to start if you are experienced in it. To launch your dropshipping business, you will need to:
Select a target
Analyze competition
Get a supplier for your products
Select an commerce platform and create a store
Create a proper marketing and customer acquisition strategy
Start receiving orders
that's it you now have the knowledge to get started with dropshiping.
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