What Is e-commerce?
I’m sure you’re familiar with the term commerce, which is simply the buying and selling of goods. Attach an “e-“ to the beginning of it and you’ve got a new term that describes the direction the world is heading in terms of retail. E-commerce is simply the buying and selling of goods and services on the internet. A customer places an order online, and the order is then fulfilled by the retailer and then delivered to the customer’s chosen location.
E-commerce has been a gateway for many to be able to start their own retail businesses from home. Etsy, Ebay, and Amazon are all forms of e-commerce. Shopify, Bigcommerce, and Magento are e-commerce platforms where users can sell their products directly from their own online store with more freedom and flexibility than the aforementioned.
Why choose e-commerce?
E-commerce gives people with limited time, money, and resources the ability to start their own businesses from home. There are countless ways to get started, including selling handmade items on Etsy, buying and selling used items on Ebay, selling wholesale or white label products on Amazon with FBA (Fulfilled By Amazon), or the easiest and cheapest method—dropshipping. With dropshipping, you can start a store without having any inventory of your own. This means you don’t spend any money on products until you start receiving orders from your customers.
How dropshipping works:
When you open a dropshipping store, you stock your online store with items that will be shipped to your customers directly from the suppliers. Software programs like Dropified make this process extremely easy and efficient. You drive traffic (customers) to your store through marketing. This can be done with zero ad spend if you utilize methods like influencer marketing. When a customer places an order, you place the order with the supplier of the product(s) and they then ship the order to your customer. You never have to actually have the products in your possession, you’re simply the online retailer selling them.
Why dropshipping is the perfect business model for solo-preneurs or parent-preneurs:
Dropshipping requires very little money to get started and you can start, scale, and profit from a dropshipping business from your home in your free time. All you really need is an internet connection and the ability to follow simple instructions. There are countless online tutorials, videos, books, and other resources you can use to learn how to successfully start a dropshipping store, including my FREE e-book.
Does dropshipping actually work?
Not only does dropshipping work, it is more scalable than other forms of retail. If you have a product that is selling really well, you can scale your marketing to bring in more customers quickly without having to worry about manufacturing more products or ordering more inventory. Your suppliers take care of that. I started dropshipping in early 2017 and scaled my dropshipping business to 7-figures in less than a year. With an average profit margin of between 10-20%, we were profiting well in a very short period of time. I don’t know of any other business model that is so easy, scalable, and profitable so quickly.
How to get started:
If you’re interested in starting your own dropshipping store, you can start TODAY with my free e-book: The Proven 7-Step System to Building, Scaling, and Profiting from a 7-Figure E-commerce Business from Home. It will walk you through the exact 7 steps from start to finish to building a successful dropshipping store. I created the book because I wanted to share it, for free, with people who are ready and willing to let dropshipping change their lives like it has changed ours. What are you waiting for? Get your FREE e-book now and get started—the rest of your life starts now!