Dropshipping is a strategy that allows you to sell products and services even though you do not have them in your stock.
The way it works is that after the sale was made (on the internet typically) the product is being shipped from a 3rd party seller or manufacturer, directly to the customer. So your job is just to sell the product or service, the rest is done by others (logistics, stock, manufacturing…)
it is considered a unique supply chain managing method where the retailer doesn’t store goods in his own stock (allows lower costs and logistics), instead delivers to the customer orders and shipment details to the manufacturer, another retailer, or a wholesaler, They will then ship the product directly to the customer address.
Dropshipping products from eBay, Amazon or Alibaba is a great way to work from home. It’s a great way to create an income online without the commitment of MLM or direct sales of instance.
Once you learn how to do it right (the time it takes depends on your work), you will need about 2 hours per day to make the business run. Some people we know make a full-time living on eBay, Alibaba and amazon alone.
Next lesson: Network Marketing (MLM business)