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    Dropshipping: A Beginner's Guide to Making Money Online
    Dropshipping: A Beginner's Guide to Making Money Online
    Dropshipping: A Beginner's Guide to Making Money Online
    Ebook175 pages1 hour

    Dropshipping: A Beginner's Guide to Making Money Online

    By Brett Standard

    ()

    Read preview

    About this ebook

    Stop wasting money on overpriced dropshipping courses and low-quality books and learn how to start a profitable dropshipping business from scratch

     

    Are you tired of buying overpriced courses that promise you the world but fail to deliver? Sick of spending hours after countless hours scouring the web and wanting to learn how to properly build your dream lifestyle business?Do you want to create a successful online store as efficiently as possible within the shortest time frame possible?

     

    If you've answered yes to any of these questions, then this is the last guide on dropshipping you'll ever purchase.

     

    Most dropshipping books and video courses available today are filled with a lot of fluff, just to swindle you into thinking you got value for your money, while making it difficult to find actionable information, if there's any. In this guide, Brett Standard condenses everything you really need to know about how to start a successful dropshipping business without running into mistakes a lot of beginners make.

     

    In Dropshipping: A Beginner's Guide to Making Money Online, you're going to discover:

    • How the dropshipping model really works
    • Why dropshipping is the perfect, least expensive way to really learn about business
    • Six ways to find a profitable, less-competitive niche
    • How to find reliable, superstar suppliers
    • How to find a goldmine product that will skyrocket your revenue
    • How to takes care of permits, licenses and other legal aspects of dropshipping
    • Choosing the best sales platform for your business
    • ...and much more

    Concise yet comprehensive and designed for beginners, Dropshipping is a powerful guide that will get you started on your journey to financial freedom and independence.

    LanguageEnglish
    PublisherNovelty Publishing LLC
    Release dateMay 13, 2020
    ISBN9781393641063
    Dropshipping: A Beginner's Guide to Making Money Online

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      Book preview

      Dropshipping - Brett Standard

      Dropshipping:

      A Beginner’s Guide to Making Money Online

      By Brett Standard

      © Copyright 2020 - All rights reserved.

      The content contained within this book may not be reproduced, duplicated or transmitted without direct written permission from the author or the publisher.

      Under no circumstances will any blame or legal responsibility be held against the publisher, or author, for any damages, reparation, or monetary loss due to the information contained within this book. Either directly or indirectly.

      Legal Notice:

      This book is copyright protected. This book is only for personal use. You cannot amend, distribute, sell, use, quote or paraphrase any part, or the content within this book, without the consent of the author or publisher.

      Disclaimer Notice:

      Please note the information contained within this document is for educational and entertainment purposes only. All effort has been executed to present accurate, up to date, and reliable, complete information. No warranties of any kind are declared or implied. Readers acknowledge that the author is not engaging in the rendering of legal, financial, medical or professional advice. The content within this book has been derived from various sources. Please consult a licensed professional before attempting any techniques outlined in this book.

      By reading this document, the reader agrees that under no circumstances is the author responsible for any losses, direct or indirect, which are incurred as a result of the use of information contained within this document, including, but not limited to, — errors, omissions, or inaccuracies.

      Table of Contents

      Introduction

      Chapter 1: How Does the Dropshipping Model Work?

      Here Is How the Dropshipping Model Works

      Chapter 2: The Advantages of Starting a Dropshipping Business

      It Requires Less Startup Capital Investment Compared to Other Models

      It Requires Low Overhead Costs

      It’s Very Easy for You to Get Started

      It Is Highly Scalable

      You Can Do It from Any Location

      It Ensures a High Customer Lifetime Value

      It Minimizes Your Risk

      It Enables You to Come to Market a Lot More Quickly

      You Can Sell an Unlimited Selection of Products

      You Have Access to Unlimited Amounts of Inventory

      It’s Very Convenient

      It Saves You a Lot of Time

      You Can Test Products with Little Risk

      It Increases Your Favorability with Wholesalers

      Chapter 3: The Disadvantages of Starting a Dropshipping Business

      It Can Have Low-Profit Margins

      Suppliers Are Prone to Making Human Errors

      You Can Have Issues with Inventory

      Your Shipping Costs Can Get Complicated

      There Is a Lot of Competition

      Shipping Can Be Slow

      You May Lack Adequate Product Information

      The Quality of Customer Service Is Beyond Your Control

      You Have to Pay Relatively High Fulfillment Costs

      Pay-Per-Click Advertising Is Way More Expensive and Less Effective

      It’s Difficult to Brand Your Products

      You Have Little Control Over the Quality of Your Products

      Chapter 4: How to Start-Up the Business

      Find a Niche

      Find Suppliers

      Find a Product

      Form a Business

      Get Permits and Licenses

      Choose a Sales Platform

      Create a Payment System

      Set Up a Customer Service System

      Create a List of Offerings

      Buy the Product from the Supplier Whenever You Make a Sale

      Find Ways to Market Your Business

      Chapter 5: Niche and Product Selection

      Know the Difference Between Trending and Evergreen Niches

      Finding a Niche Using Google Trends

      Finding a Niche Using Facebook

      Finding a Niche Using Trend Hunter

      Finding a Niche Using Instagram

      Finding a Niche Using AliExpress

      Finding a Niche Using Amazon Tools

      Other Ways to Find a Niche

      Researching Your Competitors

      Chapter 6: How Does the Supply Chain and Fulfillment Process Work?

      Manufacturers

      Wholesalers or Suppliers

      Retailers and Dropshippers

      Order Placement by the Customer with Your Business

      Order Placement by Your Business with the Supplier

      The Supplier Ships the Order to the Customer

      Alert the Customer About the Shipment

      Chapter 7: How to Find Manufacturers and Suppliers

      Using Oberlo (oberlo.com)

      Run a Targeted Google Search

      Use Online Directories

      Go to Trade Shows

      Spy on Your Competitors

      Contact Manufacturer to Find Distributors

      Domestic Supplier vs International Suppliers

      What to Look for in a Good Supplier

      Identifying Fake Wholesalers

      Chapter 8: How to Operate Your Business

      Chapter 9: Dealing with Product Returns and Customer Service

      Ensure You Understand Your Supplier’s Return Policy

      How to Create Your Own Product Return Policy

      How to Handle the Return Process

      In Summary, the Return Process Should Be as Follows:

      Chapter 10: How to Scale Your Business

      Run Adverts on Social Media

      Cultivate Customer Trust in Your Business

      Retarget Customers Who Visit Your Site Without Making a Purchase

      Use Social Media to Drive Traffic

      Start a Blog to Drive Organic Traffic to Your Dropshipping Store

      Use Pop-Ups to Get Your Visitors to Subscribe

      Find Online Forums Where Your Niche Is Discussed

      Use Market Analytics to Monitor Your Progress

      Bonus 1: How to Dropship with Shopify

      Choose a Name for Your Dropshipping Store

      Create a New Shopify Account

      Set Up Your Account and Add All Necessary Information

      Launch Your Dropshipping Store

      Design and Personalize Your Store

      Add Products to Your Store

      Start Selling and Cashing in

      Bonus 2: How to Dropship on Amazon & eBay

      Amazon

      eBay

      Bonus 3: Mistakes to Avoid When Starting the Business

      Starting Without Learning the Ins and Outs of Dropshipping

      Choosing Bad Suppliers

      Lacking Faith in the Dropshipping Model

      Expecting Money to Come Easily

      Failing to Retarget Your Site Visitors

      Using Low-Quality Product Images

      Misleading Your Customers About Your Shipping Time

      Being Afraid to Reinvest Your Money in the Business

      Failing to Work with Instagram Influencers

      Using Complicated Shipping Fee Structures

      Creating Unclear Policies

      Mishandling Product Returns

      Relying Too Much on One Supplier

      Failing to Test Several Products

      Focusing on Price Competition

      Selling Products That Violate Trademark or Copyright Laws

      Conclusion

      Introduction

      Congratulations on purchasingDropshipping: A Beginner’s Guide to Making Money Online and thank you for doing so.

      The following chapters will discuss the dropshipping business model, and they will give you all the information that you will need to start your first dropshipping store and to operate it successfully. From this book, you will be able to learn in detail on how dropshipping works, what the advantages of the business model are, what challenges you are likely to deal with if you venture into the dropshipping business, and what you need to do to start your own dropshipping business.

      This book will take you through all the specific steps that you will have to follow as you establish your business, and it will point out all the pitfalls that you should avoid in your journey to success. You will get a lot of insider tips on how to find a niche and how to identify great products. You will also learn how to find great reliable suppliers and the best ways to set up your order fulfillment process.

      Thisguide also provides a lot of practical advice on how to run your business and how to scale it to make it more profitable. It will also provide you with procedural information as well as tips and tricks with regards to running your dropshipping business on marketplaces such as Shopify, Amazon, and eBay. Finally, it will discuss how you can avoid some of the common mistakes that new drop-shippers tend to make.

      There are lots of books on dropshipping in the market right now, so thank you very much for selecting this one! Every effort was made to ensure that this book is full of useful and actionable information, so please enjoy!

      Chapter 1: How Does the Dropshipping Model Work?

      How does Dropshipping work? Dropshipping is a new add-on to the e-commerce business which allow people to buy and sell goods to customer without putting out a lot of capital nor holding a large quantity of inventory. When you first hear about Dropshipping, it can be very confusing but over time it’s fairly simple to understand.

      This business is fairly easy to grasp. Finding people who are looking for products in demand and suppliers who are selling quality products. Basically, you’re buying low and selling high to customers. The best part about this business model is that you can ship the product directly to the customers.

      The concept is very simple but there are much more to dropshipping hence why not everybody can be successful in it.

      Difference between retail and dropshipping is that you don’t have to carry any inventory or stock your own inventory. This way, you don’t have to bulk up your inventory. Whenever somebody order from you, you can purchase the product from the supplier as demanded. There are a few options to choose from such as a wholesaler or from a manufacturer of the product to fulfill your order. This model is great for those who don’t want to carry any inventory. Once the customer send the payment, you can begin to purchase the product and pay for shipping.

      Normally, dropshipping is referred as a supply chain management method, can be used in offline and online stores. With the rise of e-commerce stores, dropshipping are mainly use online. The profit from a dropshipping business is the difference between the wholesale price and retail price of the product.

      Dropshipping is a fairly new branch of e-commerce where entrepreneurs buy and sell goods directly to the customers without having to put up huge amounts of capital and without having to hold onto large amounts of inventory. Most people who hear about dropshipping for the first time find the notion a bit confusing, but in actual sense, it’s pretty simple to grasp.

      If you are in this business, all you have to do is find people who are willing to buy certain goods, find suppliers who are selling those goods, purchase the goods from the suppliers at a lower price, sell it to the buyers at a

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