DropShipping is not a brand-new term or idea in e-commerce, but few people are aware of how to launch a DropShipping company. It is a service more than it is a company. In order to run a DropShipping business, you don’t even need to set up a physical store or make a significant capital investment. The internet serves its purpose!
Choose Your Niche
The first step to starting a dropshipping store is choosing what niche you want to sell in. There are many different niches out there, but if you don’t know where to start, here are some ideas to get you started.
Find Products
Once you have decided on your niche, the next thing you need to do is find products to sell. You can either choose existing products or create your own. If you decide to go with existing products, then you should look at how much competition there is in your niche. If there isn’t a lot of competition, then you may not make much money off of those products. However, if there is a lot of competition, you could end up competing with big companies who spend millions of dollars per year advertising.
Create Your Website
Now that you have chosen your niche and found products to sell, you need to set up your website. A good place to start is Wix.com. Once you sign up, you can customize your site however you want. You can add pages, change colors, upload images, and even use videos.
Set Up Shipping
After setting up your website, you need to figure out how you are going to ship your products. Do you plan on using USPS? UPS? FedEx? Or maybe you want to use Amazon FBA (Fulfillment By Amazon). All these options have their pros and cons, so you need to think about what works best for you.
Get Paid
You now have a fully functional website and shipping setup, so it’s time to get paid! You can charge anywhere from $10-$100 per product depending on the size and quality of the product.
