With a global economy creating certain conditions meaning it’s difficult to get a regular job, with stable hours, stable pay, and most importantly stable progression, people are looking for a way to hack the system. Amazon is one of the biggest websites in the world, and definitely the top e-commerce site in the world. Therefore, what they need is a whole lot of inventory and options for purchase in order to keep growing, because even trillion-dollar businesses need to continue to grow. That is where dropshipping comes in.
Dropshipping is a process in which a place like Amazon handles the inventory while the sellers do not have the responsibility to either handle or ship any of the goods to the consumer. It allows for an infinite number of possibilities and literally anyone to start a business provided they have decent ideas. However, the prospect of success is just as likely as the prospect of failure, as much research needs to be done in order to have a profitable dropshipping business. Keep in mind it is a free-for-all that anyone can get involved in, resulting in a proliferation of people getting involved with different products.
The best example of how to dropship is to find a manufacturer of goods somewhere, and the best example of that is China. Communicating with Chinese companies through various marketplaces, looking for good value and quality among millions of potential products, then ordering those products to be sent to Amazon warehouses. Whether any external branding is done is up to the seller, branding potentially increasing appeal and consumer trust with the seller. Once the manufacturer has the products ready, they ship the products directly to an Amazon warehouse, with the seller providing the price to sell the goods at. Once a customer orders an item, Amazon sends it out through one of their fulfillment warehouses. It is a potentially brilliant business in which nothing has to be handled by the seller except the original ordering once a formula is found, making it a very popular subject to discuss and analyze on many entrepreneurial websites. According to this article on entrepreneur.com (https://www.entrepreneur.com/article/278622), dropshipping is an extremely crowded and popular field littered with both success and sob stories. Therefore it is advisable to do extremely thorough research in order to figure out whether it is best for someone to get into this field.