So what’s dropshipping?
A dropshipping business is a business model that allows one to sell products that he/she doesn’t own or stock.
This business model allows individuals to make money off products they don’t own as the products are shipped directly from the supplier to the customer without the seller ever handling them, thereby reducing the cost of keeping inventory.
Below is a virtual example to help you better understand it:
Examples of Dropshipped Products
Let’s look at a few examples to see how people can make money with dropshipping:
Example 1: Stuffed Animals
● Supplier Cost: You find a cute stuffed animal from a supplier that costs $5.
● Your Store Price: You decide to sell it for $15 on your website.
● Profit: When someone buys it from you for $15, you pay the supplier $5 and keep $10 as your profit!
Example 2: Backpacks
● Supplier Cost: A cool backpack costs $10 from a supplier.
● Your Store Price: You list it for $30 on your store.
● Profit: After someone buys it for $30, you pay the supplier $10 and keep $20 as your profit!
Example 3: Sunglasses
● Supplier Cost: Trendy sunglasses cost $8 from a supplier.
● Your Store Price: You sell them for $25 on your website.
● Profit: When someone buys them for $25, you pay the supplier $8 and keep $17 as your profit!
Why Dropshipping Is Cool?
Dropshipping lets anyone start their store without needing lots of money upfront. You don’t have to worry about storing toys or shipping them yourself—everything is taken care of by the supplier. Plus, you get to choose what awesome stuff to sell, like stuffed animals, backpacks,or sunglasses!
So, next time you see a package arriving at your house, remember—it
might just be from a dropshipping store where everything happens
magically behind the scenes!
Ready to start your own dropshipping adventure? It’s a fun way to learn
about business and make some money too!