If Life Gives You Lemons, Try Drop Shipping
Thursday, April 8th, 2010Once upon a time, there was a little girl named Becky who wanted to make some money. She asked her mother for the capital to start a lemonade stand, but her mother said that sitting on the street corner was too dangerous. So Becky gave up her dream of running her own business and grew up instead.
When Becky was a bit older, she stumbled into a gold mine called drop ship. With drop shipping, she realized she could start her own business without asking her mother for help and without sitting on the street corner talking to strangers! Becky modified her original idea of lemonade and began her own store selling lemon-themed products and accessories, thus fulfilling her life-long dream.
If you too would like to do something more efficient than running a lemonade stand, then you need look no further for the resources you need. With wholesale drop shippers, you can create the perfect online retail store, whether that be selling lemons or lamps, oranges or outdoor gear.
To begin, here is a quick definition of drop ship.
The concept behind a retail store is simple. The owner buys bulk merchandise from a wholesaler, stocks their store, and sells to the public. However, the concept behind drop shipping is even simpler. The business owner forwards orders from customers to the wholesale provider, who then ships the product directly to the purchaser.
There are clearly many advantages to drop ship. If you have felt stifled in your ability to increase the number and variety of products that you sell, drop shipping is the answer to your concern. Perhaps you’ve had the experience where the cost of ordering an item in bulk for which there was little or infrequent demand kept you from meeting that demand. Drop shipping gives you access to those products without having to store them yourself! Suddenly, the options of what to market are endless!
Another significant advantage of drop shipping is the positive cash flow associated with it. While Becky’s lemonade stand would have needed funding from her mother, her online store didn’t. As customer’s place orders online and pay for products, that same money can be used to offset the costs of the very products they are buying. As in all retail businesses, you make your money in the difference between what the customer pays for the product and what you pay the wholesale retailer.
So, if you have an idea for a business and want to make some money on the side, you have all you need to start! Let drop-shipping do the work for you while you sit back and watch your dream business take shape!
Jake Sabey is an Education Specialist at Doba. Doba’s proprietary software works with hundreds of wholesale suppliers to provide universal access to over 1.4 million wholesale drop ship products to online retailers.
