How do I make money by dropshipping?
Dropshipping allows you to sell products without holding inventory, as orders are fulfilled by a third party.
Dropshipping is a business model that lets you sell products directly to customers without needing to stock or ship inventory. You’ll create an online store, using platforms like Shopify, and list products sourced from suppliers, often found on websites like AliExpress. When a customer places an order, the supplier ships it directly to them. The profit margin comes from the difference between the price you charge and the supplier’s cost. With effective marketing, particularly through social media and SEO, dropshipping can be a profitable venture, though it requires careful supplier selection and market research.