Starting a Drop Shipping Business
Estimates vary, but industry watchers have found that between 20 percent to 30 percent of online retailers use drop shipping. So it's a proven business model, and you’ll be in good company if you go this route. Even big retailers like Amazon use drop shipping.
With drop shipping, you can sell just about any product in any niche. The benefit of drop shipping someone else's products mean that you don't have to deal with the hassles of traditional businesses, such as:
storing your products (it can be very expensive to buy massive amounts of inventory and rent warehouse space)
packaging or shipping products, preparing orders and boxing them up multiple times a day and heading to the post office
having to put down your money upfront to buy products wholesale to resell, that you aren’t sure will sell
When you run a business through drop shipping, you avoid those issues and the potential loss of any up-front capital investment.
Now that you have taken a look at the benefits of a drop shipping business, here's how the business model of drop shipping works.
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