Dropshipping is a retail fulfillment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly.

The difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the seller purchases inventory as needed from a third party—usually a wholesaler or manufacturer—to fulfill orders.

FOUR MAIN STEPS TO START DROPSHIPPING

1. Online store

You’ll need to find an e-commerce platform in order to create and host your online store. We obviously recommend starting a Shopify store.

2. Domain name

It’s hard to build trust with customers without your own domain name. While there are a number of top-level domains available (e.g., domain.shop, domain.co), we recommend looking for a .com that fits your brand.

3. Test orders

Although dropshipping lets you have the least involvement with handling your overall product catalog, you should set aside money, as well as time, to test out the products you plan to sell.

4. Online advertising

Every ecommerce business should look for ways to reduce their average cost to acquire a customer through organic channels like content marketing, SEO, and word of mouth.

What you will learn

• Choose the right type of products to sell with the dropship model
• Quickly find the right suppliers to dropship for you and know which suppliers to avoid
• Set up the ‘perfect’ website for drop shipping
• Put in place powerful strategies to turn your website into a sales machine
• Launch your new website like a rocket, from scratch
• Grow your dropship income.