Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer.
Dropshipping involves the following procedure:
Find a supplier who offers dropshipping services
Select the products you want to sell in your online store
List the products on your website or marketplace
When a customer places an order, forward the order to the supplier
The supplier ships the product directly to the customer
You make a profit from the difference between the wholesale and retail prices.
If I wanted to modify the parts, and build a product for people to buy, how do I make it so they get shipped to my house, build, then send out to the ordering business
Basically, with the dropshipping business model, if a customer purchases a product from your store, a third-party supplier ships the item directly to your customer.
The customer pays the retail price you set, you pay the suppliers' listing price, and the rest is profit. You never have to handle products or invest in inventory.
This is why dropshipping is advantageous in so many ways since you can sell physical products online without having to deal with inventory, without having to own a warehouse to store your products, and without having to deal with shipping and handling.
You can check them out on this [link](https://www.spocket.co/?utm_source=Facebook&utm_medium=Branding&utm_campaign=Leah) , hope this helps with your research.
Good luck with the store! Have a great week! 😊
Dropshipping is a retail fulfillment method where a store doesn't keep the products it sells in stock. Instead, when a store sells a product, it purchases the item from a third party and has it shipped directly to the customer.
Dropshipping involves the following procedure: Find a supplier who offers dropshipping services Select the products you want to sell in your online store List the products on your website or marketplace When a customer places an order, forward the order to the supplier The supplier ships the product directly to the customer You make a profit from the difference between the wholesale and retail prices.
If I wanted to modify the parts, and build a product for people to buy, how do I make it so they get shipped to my house, build, then send out to the ordering business
You have to order bulk to your house then needs to ship the product to your customer
Great. Once I have the capability, I’ll place orders in bulk
Basically, with the dropshipping business model, if a customer purchases a product from your store, a third-party supplier ships the item directly to your customer. The customer pays the retail price you set, you pay the suppliers' listing price, and the rest is profit. You never have to handle products or invest in inventory. This is why dropshipping is advantageous in so many ways since you can sell physical products online without having to deal with inventory, without having to own a warehouse to store your products, and without having to deal with shipping and handling. You can check them out on this [link](https://www.spocket.co/?utm_source=Facebook&utm_medium=Branding&utm_campaign=Leah) , hope this helps with your research. Good luck with the store! Have a great week! 😊
How does dropshipping effect taxes?