Dropshipping allows you to sell products without having to own stock or fulfil orders yourself. You act as a middle man, selling products on your own website.
When you get an order, you inform the drop shipping company that will pick, pack and fulfil it for you.
This business model is ideal because all you need is a computer and a website. Websites are very cheap nowadays, with Shopify for example, anyone can make a website for free and running costs are less than £25 a month!
You don’t need storage and packing facilities, you also don’t need to hire staff to manage your stock and process orders.
With minimum investment and minimum risk, you can make a profit within days of setting up your website.
(VERY) LOW INVESTMENT
The main advantage to dropshipping is that you can start a business with very low up-front costs.
Not having to purchase and store stock or even paying employees to manage it makes the overhead expenses very low.
As you don’t need to purchase stock, rent large storage facilities or hire staff, there is virtually no risk of losing money.
FREE AS A BIRD
All you need to work is a computer and a good internet connection, you can therefore work from anywhere; office, home or even on the beach!