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Adidas Wilson - Dropshipping Made Simple--The Ultimate Guide to Make Money With Shopify and E-Commerce

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Adidas Wilson Dropshipping Made Simple--The Ultimate Guide to Make Money With Shopify and E-Commerce
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Dropshipping Made Simple--The Ultimate Guide to Make Money With Shopify and E-Commerce: summary, description and annotation

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Dropshipping is a method of retail fulfillment where stores do not actually stock their products. When someone buys a product, the store buys it from another party and then ships it to the customer directly. The merchant neither handles nor sees the product. Dropshipping is different from the conventional retail model in that, in dropshipping the seller does not own an inventory. He or she purchases an order from a third party. The dropshipping model, like everything else, has drawbacks and benefits. You need less capital: this is arguably the biggest advantage. You do not need thousands of dollars to start an ecommerce store. Conventional retailers need to have a huge amount of capital to build their inventory. In dropshipping, you only purchase a product once a customer has placed an order and made the payment. An initial inventory investment is not needed. Easy to start: an ecommerce business becomes much easier to run when you do not handle physical products. You will not worry about a warehouse, packing and shipping, tracking inventory, handling returns, and much more. Low overhead: since you will not be dealing with a warehouse or purchasing inventory, expect low overhead expenses. A lot of people run a dropshipping businesses from their home office with their laptop and only use about $100 per month. The expenses may increase as your business grows but they will still be low. Flexible location: if you have an internet connection, you can manage your dropshipping business from anywhere.

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Copyright 2019 by Adidas Wilson

All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. For permission requests, write to the publisher, addressed Attention: Permissions Coordinator, at the address below.

Adidas Wilson PO Box 2262 Antioch Tn 37011 siriusvisionstudiosgmailcom - photo 1

Adidas Wilson

P.O. Box 2262

Antioch, Tn. 37011

siriusvisionstudios@gmail.com

www.financierpro.com

Disclaimer T HE AUTHOR HAS MADE every effort to ensure the accuracy of the - photo 2

Disclaimer

T HE AUTHOR HAS MADE every effort to ensure the accuracy of the information - photo 3

T HE AUTHOR HAS MADE every effort to ensure the accuracy of the information within this book was correct at time of publication. The author does not assume and hereby disclaims any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from accident, negligence, or any other cause.

Table of Contents - photo 4
Table of Contents I ntroduction - photo 5
Table of Contents I ntroduction Ch 1 - Drop Shipping Details Ch 2 - - photo 6
Table of Contents
Picture 7

I ntroduction

Ch. 1 - Drop Shipping Details

Ch. 2 - Successful Email Marketing

Ch. 3 - The Fulfillment Process

Ch. 4 - Finding and Working with Suppliers

Ch. 5 - Picking Products to Dropship

Ch. 6 - Evaluating Sales Channels

Ch. 7 - Social Media Marketing Strategy

Ch. 8 - Driving Sales with Content Marketing

Ch. 9 Etsy Shop

Ch.10 Selling on eBay

Ch.11 Facebook Marketing

Ch.12 - Ecommerce Secrets

Ch.13 - Mistakes People Make Dropshipping

Ch.14 - First Profitable Product

Ch.15 - Online Store Name

Ch. 16 - Dropshipping Pricing Strategies

Ch. 17 - Store Rank in Search Engines

Ch. 18 - Product Descriptions That Sell

Ch. 19 - DIY Guide to Product Photography

Ch. 20 - Grow Your Audience on Instagram

Ch. 21 International Shipping

Ch. 22 - Marketing on Pinterest

Conclusion

Introduction - photo 8
Introduction I t is safe to assume - photo 9
Introduction I t is safe to assume that since you are reading this you - photo 10
Introduction
Picture 11

I t is safe to assume that since you are reading this, you already have drop shipping fundamentals figured out. If you are serious and want your business to prosper, the following financial and business steps will help. Most entrepreneurs know, including a drop shipping business, require a great deal of commitment. For anyone looking for a quick-rich scheme, drop shipping is not it. You must invest heavily with either money or time. For total newbies in drop shipping, this method is better than investing money because: You get to learn the fundamentals of the business. As it scales and grows, you will be better equipped to manage others. You will know the market and customers at an intimate level and, consequently, make better decisions. You will not fall into the trap of spending money where it is not profitable. You will acquire new skills that will help you as an entrepreneur. You can create a successful drop shipping business by investing a large sum of money. However, this is not the best method. When a business is in its early stages, it is wise to have someone who is invested in its success. Without understanding of the basic functions of your business, you will have to spend outrageous amounts on marketers, programmers, and developers. At the end of the day, you may not make any money. Even though you decide to invest time, you will still require an upfront cost. The most common business structures include: Sole Proprietorship: this business structure is the simplest to implement. However, it does not have personal liability protection. When someone sues your business, your personal assets are not protected. Limited Liability Company (LLC): with this structure, your business is considered a separate entity and your personal assets are protected. The protection is barely maximum, but it is better than a sole proprietorship in this area. C Corporation: this is the best structure for liability protection. As you can guess, it is not easy to incorporate, and the taxation will be double. Smaller businesses prefer a sole proprietorship or sometimes the LLC. In many cases, the LLC works just fine. All businesses are required by the IRS to have an EIN (employer identification number). It is like the Social Security number of your business. The process of getting one is simple and free. One of the biggest mistakes you can make when starting your business is to mix your business finances with your personal finances. Open new accounts for your business. These include:

  • Business checking account
  • PayPal account
  • Credit card

Collecting Sales Tax

This is required if:

  • Your state of operation collects sales tax.
  • Someone in your state places an order.

In most places, a business license is necessary, and you must renew it regularly. Check your local regulations and laws to see what you may need. As a storeowner, you put in a lot of work to offer a great experience to your customers. You enhance your store, write emails, and edit photos just so your customers can be happy. Therefore, shipping can be a challenge. It is like having a stranger handle your brand. Careful planning will make this easier. Here are key steps and decisions that set the foundation for your shipping strategy. You can always change them as you grow. Shipping methods and rates: are you going to offer flat-rate or free shipping? Alternatively, will your customers have to cover the shipping cost? Product weights: how much do your products weigh? Your preferred packaging: having a packaging option in mind will help you estimate the shipping price. Source the packaging: get free packaging from DHL, UPS and USPS. You can also opt for branded packaging. Your pricing strategy will determine your shipping rates. You can offer free shipping and raise the price of the products or pay from your profits. You can also balance both. Another option is to choose flat rate shipping or charge real-time carrier rates.

Calculate Shipping Costs

Shipping rates are often based on the following:

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