Dropshipping has been around for years and has become a very popular form of money-making. It's so popular that it has brought people from all over the world looking to get into the business. It's so easy that even a 12-year-old with little experience can get into it, but what exactly is dropshipping
What is Dropshipping?:
Dropshipping is a form of order fulfillment without the individual owning physical inventory.
People list products at a marched up price and sell them on other platforms. When an order is placed, they go and buy the product from their product supplier and have the product shipped to the order's address using the money from the customer. Now you see why this method is so popular, It's a way for you to sell products without having to invest in the inventory to sell them, its a low risk, high reward business Strategy!
There's always a catch for these things though. Never let people just tell you the benefits of something. There always two sides to every coin.
When it comes to dropshipping, there are different platforms that can be used to list products. Popular websites like, Amazon, and eBay are sites that most people go to dropship their products. Another method is to create your own website, but this process is a little more pretentious. You could create a website by using any web creator platform (Wix, Shopify, WordPress, etc) that works best for you.
When creating a site, it'll have to fit within a certain niche to help draw traffic. Listing random products and slapping a name on the website is a guaranteed failure. You must have a business strategy with a clear goal and timeline. Drawing in traffic to your site will take some time. You must build your site in a professional manner. This means you must obtain a domain name (To give an official look), design your website to be clean and organized, list your terms and policies, and provide an official payment method.
That's just web design though. A lot of money must go into the marketing side of it as well. That's why its best to dropship on other platforms unless you have the capital to hire someone to design and market your site for you
If you made it this far in the read, you are doing a great job, and PlaySmart Finance thanks you for your time.
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