Tiếng Việt |
| What is Dropship and zero-cost online business with Dropship |
Online business is currently the fastest way to get rich, where you can turn 1 unit of currency into 100 units of another. However, not everyone dares to invest a large sum of money, in the range of 5 to 6 digits, without being certain about the potential profit. The following article will help you understand the method of doing business Dropship.
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| What is Dropship and zero-cost online business with Dropship |
What is Dropship?
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| New Dropship business method |
In the world, what is Dropship? It is an online business model that has been around for a long time. However, this form of business has only appeared in Vietnam in recent years. Dropship can be understood as the selling and marketing process, while inventory and delivery belong to another party.
What is the Dropship method? It is a form of buying and reselling to enjoy the profit margin. For example, when you visit major e-commerce sites to find a discounted product, you can then take their information and post it on your website or other online sales platforms at the original price.
Therefore, when you receive an order from a customer, you will have to ship the order at a discounted price to the supplier so they can send the product. You will retain the difference you receive. However, you will have to bear the transaction fees, but not more than 15%.
Comparing Dropship and Affiliate
Many people do not know what Dropship is and confuse it with the online money-making method called Affiliate. Below, we will compare these two methods to help you distinguish them more easily.
Similarities
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| What is Dropship? |
Both methods act as intermediaries, using the product images of suppliers and advertising their services on their websites to attract customers. If customers place orders, you will receive a commission. However, you will not need to handle payment, shipping, and customer care.
Differences
- Profit: Those who do Affiliate will receive a commission of 4 to 7% profit. With Dropship, you can receive double or triple that amount, as you directly determine the profit you receive.
- When doing Dropship, you will need to take on the additional tasks of customer care, delivering orders to the supplier, and handling customer payments. However, if there are too many orders, you may encounter significant challenges if you do not know how to manage them effectively.
There are some famous Dropship websites abroad, such as Bluefly.com, Stylishplus.com. In Vietnam, there are websites like Yes24.vn and Solo.vn.
To maximize your money-making potential with this online business method, you need to establish your own payment website with integrated online payment methods.
Next, you need to find Dropship partners and list their product information on your website. This way, your business will appear more professional, and customers will trust you more.
Steps to Implement Dropship
Now that you understand what Dropship is, after grasping the basics, you need to know how to implement Dropship. You can refer to the steps below:
- Step 1: Contact Dropship partners and request a reasonable discount based on the sales volume you can generate. These partners can be any stores or websites that offer products for sale.
- Step 2: You need to build a sales website. The website does not have to be complex, but it must contain essential contact information for customers to reference. The shopping tools to support your customers’ purchases should be integrated for convenience.
- Step 3: Use advertising channels like Facebook, Google, or forums on websites to attract customers.
- Step 4: You need to receive orders and then forward them to the supplier for delivery to customers.
- Step 5: You will need to summarize the orders within the month and calculate the discount amount you can receive.
How to Easily Sell Online
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| The simplest way to sell online |
This is a question that many people always wonder. First of all, if you want to sell with the Dropship method, you need to focus on what customers need and what they want from you. Besides, you can consider the following methods:
- Offer attractive discount programs to customers.
- Improve the quality of customer service. If necessary, provide the best support to help customers make purchases.
The essence of business is to solve difficulties for customers. Therefore, if customers encounter any issues, you need to resolve them, and they will trust you more.
What is Dropship? It is not too difficult to implement this business method. The most important thing is to have persuasion skills, know how to advertise, and have experience in online payment. This is a business method for people with little or no capital but who can grasp and create very good trends.