How To Start A Dropshipping Business

by a searcher from University of Texas at Austin

1 year ago

Dropshipping is a business system that allows a company to sell products without ever maintaining an inventory of the products. The customer places an order, and then the company notifies the manufacturer or distributor of the product that an order has been placed and it should be dropped into a shipment for the consumer. The manufacturer or distributor sends the product directly to the consumer on behalf of the dropshipping company.
The order is simple: the consumer pays the dropshipper. The dropshipper pays the manufacturer or distributor. The manufacturer or distributor sends the product to the customer. Essentially, the dropshipper is a marketer.

https://www.forbes.com/advisor/business/how-to-start-a-dropshipping-business/

0 likes
33 views
1 comment

searcher from Duke University

The challenge with most drop-shipping businesses is there are very limited barriers to new entrants and copycats - and many tools available to spot and clone successful offers as you scale up the advertising campaigns. The affiliate marketing community has elevated these techniques to a high art. If you're going to play in this space, think long & hard about value creation beyond access to product / providing a path to market... Potential answers may include bundling, enhanced sourcing searches, solution engineering, retention / rebuy..

1 year ago | like reply | 0 likes

More on Searchfunder

Just Closed on My First Deal! Reflections and Takeaways for other Searchers

45,152 transactions are available on Searchfunder (now searchable by keyword)

Now everyone has unlimited IBISWorld access

Family office looking for traditional searchers

2 Best Ways To Find Motivated Sellers, Off-Market Deals

Investor seeking Self-Funded Search Deals

6-7x for a Self-funded Search Deal?

Thought piece: Proprietary sourcing methods that delivered 2 acquisitions

Searchfunder is an online community and toolkit for searchfunds. Over 80% of those involved in searchfunds maintain a Searchfunder.com account to help them network, problem solve challenges, and keep up with the industry.

We maintain partnerships with database providers that make searching more effective, efficient and affordable along with features that help searchers find deals and investors and vice versa.