What you need to know before starting a dropshipping business

Posted by Beyond Eleven
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Drop shipping is an attractive business model because you don’t need to keep the products you sell in stock. Inventory can be purchased from a third party to fulfill orders when needed. 

The third party, usually a manufacturer or wholesaler, ships products directly to your customers. You need to know many things: how to choose your niche, how to create your webshop and how to promote it, how to increase your sales. 

Also, what apps to choose, where to get it, and about other tools. Increasing number of people start their dropshipping business every day worldwide so they are totally satisfied ! 

Avarage people like you and me love dropshipping and with the rise of accessible eCommerce platforms you can have a dropship business with just a laptop, a cup of coffee, and some Wifi access. 

The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the merchant purchases inventory as needed from a third party – usually a wholesaler or manufacturer – to fulfill orders. 

If you live in Europe starting dropshipping in the EU is the same as anywhere else, with the only difference being that there are different tax laws that you'll have to take into account (as does any country). In this case it's Value Added Tax (VAT). 

Essentially you'll have to create your own company to be able to charge taxes. Then you'll have to choose which ecommerce platform to use. You could go for your own store on ecommerce platforms like Shopify.  

These are my recommended basic steps to start: 

1. Find a high demand niche

2. Find a reputable drop shipper on AliExpress

3. Find and register a domain name 

4. Create your webshop by Shopify

5. Start uploading your products with Oberlo app

6. Start your first SEO or PPC campaign to get sales !

If you want to know more details go here: http://www.ibosocial.com/seodiger/pressrelease.aspx?prid=536421