Using a similar dropshipping model, a print-on-demand business doesn’t require you to hold any inventory or ship anything yourself. Print-on-demand even offers you more flexibility to customize white label products with your own creative designs. Compete through quality content and customer service, creating value beyond your products. At its core, dropshipping involves becoming a distributor of a third party’s products, taking on the costs (both financial and time-based) of marketing to be rewarded with the margins when you make a sale. If you’re a maker yourself , consider turning that hobby into a business.
This method of eCommerce, means you don’t have any storage or warehouse needs and your cash isn’t tied up in stock sitting around . Dropshipping works at a lower profit margin than buying stock upfront, 20-30% profit margin being normal, whereas with buying stock from a wholesaler a margin of 60-70% would be common . EBay … Read MoreRead More »