Are you looking to start a dropshipping business? Then you are in the right place.
The e-commerce is a multi-billion dollar industry that is trending right now.
Only in the United States, in 2013 the e-commerce industry has registered over 260 billion dollars, and the sales volume and the revenue is growing fast year after year.
In 2016, the revenue generated from the internet commerce has passed 396 billion dollars, and in 2020, the retail e-commerce sales only in the United States are projected to surpass 680 billion US dollars.
I know, these numbers sound fantastic, but do we regular people have any chance to get a portion of this revenue?
Don’t you need a lot of money to start an online store? Don’t we need a storage space, employees, to handle the merchandise and to ship it to the clients and other expenses?
Well, find out that you don’t need a lot of money to start an e-commerce store thanks to the dropshipping model.
What is Dropshipping?
Dropshipping is a retail fulfillment method where the stores don’t keep the products in stock. You only purchase the goods after the customers have already paid for their orders and you do not have to deal with shipping, handling or product creation.
Let’s get a bit into details on how dropshipping works.
There are sites where the product manufacturers (wholesalers) list their goods for sale.
Because these products are directly listed by the wholesalers, the prices are usually lower than when the product is sold by a retailer (a physical store, shopping mall, etc.).
Dropshipping consists in finding these cheaper, but high-demand products and selling them in your store for a higher price. However, the advantage of drop shipping is that you don’t need to purchase the products first.
You can simply list the products in your online store and after someone places an order, you just need to go to the site where the wholesaler is selling the product and place an order using the customer’s details and shipping address.
Starting an ecommerce store
Starting an ecommerce store is actually very simple.
There are quite a few reliable scripts or services that you can use for building your online store.
If you have no experience in building websites, Shopify would be the best option for you to start your store with. For a small monthly fee, they will host your website, handle the payment processing and all the technical part that involves creating an online store.
Besides that, every Shopify package allows you to post an unlimited number of products to your store, gives you unlimited file storage space, a 24/7 support, website and blog, free SSL certificate for your store, and a lot of themes and plugins to choose from.
Many people prefer Shopify because this service has made the full process extremely easy. In fact, it doesn’t take more than 5 minutes to have your store created and ready for adding products and starting your dropshipping business.
Is there any Shopify training?
Yes, there are a lot of training courses covering Shopify and e-commerce. If you are interested in ecommerce and building your store using Shopify, I recommend you to watch this Case Study Of A Shopify Store That Did $35K In Sales In 12 Days. It’s a free recorded webinar, plus you’ll find a few other free ecommerce video training videos inside the members’ area.
There are about 5-6 hours of free e-commerce training plus a lot of training about affiliate marketing, print on demand, list building, Facebook ads training and more. I watched the entire Shopify and e-commerce training and I received a lot of value and ideas for my upcoming store.
Besides that, you can find a lot of videos about how to start a dropshipping business on YouTube, plus you can find a lot of blog posts covering this topic using Google.
I’m also in the process of building my Shopify store so I will write more content about e-commerce and Shopify soon.
What prompted me to start an online store is the huge earning potential and the e-commerce amazing growth potential.
Even though the dropshipping phenomenon has begun its fast ascension in 2013, it’s still relatively new and the chance for this market to saturate is small towards impossible. People will need and buy new things all the time and when more and more people gain access to an internet connection, the online shopping volume can only grow.
Some people are making huge amounts of money already from dropshipping + Shopify. If you don’t believe me, just take a look at the success stories on Shopify. And those are only a few.
Therefore, if you haven’t started your online store already, there is no better time to start than right now. You have all the needed tools at a mouse click away and you can find a lot of training and resources to help you.