Benefits Disadvantages Is dropshipping for you?

How to Use This Guide
This guide assumes you have no previous dropshipping knowledge and 
helps you get a business up and running. It’s structured to be a chronological, 
step-by-step guide that will show you what you need to do to start your 
dropshipping business.
I’ll start by introducing you to the fundamental concepts of dropshipping. I’ll 
then build on that foundation and talk about more advanced concepts.
For that reason, I recommend reading from the beginning to the end instead 
of skipping around. If you jump from chapter to chapter, you might miss some 
important information.
Even if you think you already know everything on a certain topic, I encourage 
you to read through every section. There’s a ton of information packed into 
this guide, and it requires careful reading (and rereading) to get the most out 
of it.
For best results, I recommend reading through the entire guide once and 
then going through it again as you carry out each step. That way, you’ll 
already have the knowledge to get started, and you can use this guide as a 
reference when you’re actually doing everything.
You may find yourself going back to earlier chapters to remember ideas 
and terms. That’s perfectly okay! In fact, I recommend that. The better you 
understand each concept, the better equipped you’ll be to start your own 
dropshipping business.

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1. What Is Dropshipping?
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Before we get any further, it’s important that you have an answer to the question: 
what is dropshipping? 
Dropshipping is a type of retail fulfillment method. Instead of a 
store stocking products, it purchases the products from a third 
party supplier. The products are then shipped directly to the 
consumer.
For the store, this is a mostly hands-off process. The merchant doesn’t have to 
order inventory or fulfill the orders in any way. Instead, the third party supplier takes 
care of the product itself.
Dropshipping is great for entrepreneurs because it doesn’t demand as much as 
the traditional retail model. You don’t have to open a brick-and-mortar store, pay 
overhead, and stock products. Instead, you open an online storefront and buy 
wholesale from suppliers who already have products and warehouse space.
The merchant
 is mainly responsible for gaining customers and processing orders in 
dropshipping, meaning you’ll effectively be a middleman. Despite this, you’ll reap 
the lion’s share of the profit by marking up the items you sell. It’s a simple business 
model and one that can be very rewarding.
Millions of entrepreneurs flock to dropshipping because it requires less hassle and 
money to get started. That’s probably why you’re interested! And the best news of 
all? With dropshipping, you can build a business that’s sustainable in the long term 
right from your laptop.
Of course, there are many drawbacks and advantages, and it’s important that we 
look at them before you start your own dropshipping ecommerce business. Once 
you understand the pros and cons of dropshipping, learning how to dropship 
effectively will be a breeze. 

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