Thursday, July 10, 2014

Financial Independance With Dropshipping

Some people say that money is the root of all evil however most of people want to have money and a lot, so here’s another way to make it. Basically dropshipping implies that you deal with a wholesaler or reseller that agree to be your dropshipper of a certain product that you might think it could be well-sold online and has an audience. Then you set up a store and sell with a price that leaves you a profit.


Let’s suppose that you sell jars, you know that your dropshipper is selling you the jars at for example 5 dollars so, if you want to make profit you sell it for example at 10 dollars (obviously you have to be aware that all the other costs that could imply if any).  

Image Courtesy of Stuart Miles/FreeDigitalPhotos.net
Then when someone buys you, you ask your dropshipper for that product, pay the 5 dollars and keep the other 5 for you, as the profit of your selling; you provide the person’s address and the dropshipper pack it and send it for you; for this reason is really important that you pick a serious and a trustable dropshipper. There are some directories where you can get them or you can search them on google.

If you want your store rank on google you have to, either have lots of backlinks pointing to your store or have a blog where you have to have great content about that niche, content that your audience find really useful.

Image Courtesy of Stuart Miles/FreeDigitalPhotos.net
It is said that in dropshipping you have to do an investment first, that doesn’t happen with affiliate marketing, for example you have to buy a domain, hosting and sometimes, if you want, buy directories; some wholesalers ask you for a minimum fee just at the beginning because they want to be sure they are dealing with someone serious and some marketers buy online to get experience of how a person think when buying online.  

This could be difficult if you don’t know anything about this, so if you want, read the university of shopify here that is a site that allows you to set up a store and has so much information about dropshipping. Also I recommend you this site, it has good information about dropshipping too.

Some people say that dropshipping is more difficult than affiliate marketing but it could lead you a higher percentage of profit per sale. Then if you’re interested in this way to make money and you will try I wish you good luck as always. 


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