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What is Dropshipping? Has anyone been successful in reaping the harvest from this business model?

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asked Oct 18, 2016 in Business Opportunity by jcasia IBO Specialist (20,850 points)

5 Answers

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Drop shipping is simply signing up with a company that provide storage for tangable product that can be ship to customer after a purchase is made from store front. A great example of such a place which provides this service would be Amazon. If you as an affiliate set up a website as a storefront offer there product and a customer makes a purchase from your website, then the product is shipped from the amazon warehouse to the customer and frees you of the responsibility of shipping the product after sales to your customer.
answered Oct 18, 2016 by garywelsh IBO Specialist (70,610 points)
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Drop shipping is a fulfillment model that allows you to buy products individually from a wholesaler and ship them directly to your customer.

Instead of purchasing a large amount of inventory, you simply partner with a drop shipping supplier and list their merchandise for sale. Then, once you receive an order you forward it to the supplier for fulfillment. The supplier will ship the product directly from their warehouse to your customer, and charge you only for the price of the shipped item.

Like all businesses, success and profitability rely on a number of variables. But when done correctly, it’s possible to create highly profitable online businesses with drop shipping. Drop shipping isn’t a magic formula – and real success takes significant work and time – but it’s a viable online business model with very low risk.
answered Oct 19, 2016 by ebest IBO Specialist (65,420 points)
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Dropshipping is selling someone else's product, and having them send the product to the customer. This is best seen in affiliate offers, but can also be done on your own with a direct supplier willing to hold the product, and ship it to your customers as orders are processed.

Many people have been removed from Ebay for dropshipping, but Amazon seems to have leveraged this method to allow you to refer people to their products and they take care of the fulfillment for you for a fee.

Without consistent involvement, research, and large volume of sales, this is a difficult business model to scale and grow long term. (In my opinion...)
answered Oct 20, 2016 by seanolson IBO Guru (4,660 points)
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I have just started dropshipping. I have made some money but it takes time and Ebay charges fees to list products. Although, they do offer free listing sometimes. It's a numbers game. I do feel if I stick with it I will be successful.
answered Nov 4, 2016 by Maa (160 points)
Cool - I like your enterprising spirit behind that! Keep it up! Like to hear your success story someday!
Thank you for your words of encouragement! I really appreciate it!
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Drop shipping your products needs some basic elements to establish, For example you need a reliable and SEO optimized webshop, online marketing plan and last but not least patience to reap the benefits of this type of home-based business model on long term.
answered Dec 18, 2016 by beyond11 IBO Guru (4,340 points)

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