Hello friends, my name is Deepak and you are Reading Digiweb Course Blog. we will talk about Drop Shipment I have heard many times to Create Blog on drop shipment Today let’s understand what is drop shipment Let’s say there is a guy in my house who is a good painter and makes beautiful statues Now the cost of that statue is 100rs Which he sells to a retailer And then he goes to another shop and sells it to another retailer And if you consider that product to be 1000rs So you say that this is 100rs and it is sold for 1000rs Because there is a lot of chain in between you go and ask him to make a statue for you So you go to Amazon and put a specific amount of product And you say that this product is for 1000rs Or if everyone is selling for 1000rs, I will say that this product is for 800rs So as soon as I get an order, I tell that guy to deliver that product to that house He used to give you 100rs, I will give you 150rs and I will give you delivery charge He gets happy and I directly increase his sales with my marketing skills So let’s take this whole process online Let’s say there is a site called Ali Express You see a product there like jewellery, bangles etc The price of that product is 1$ Now you list that product on your site And say that this product is for 100rs plus shipping Whatever shipping charges you get So the guy orders from there You order the product from Ali express And you directly wrap the gift in his house So the product reaches his house and he gets happy Here you didn’t put any inventory The best thing is that normally if you open a shop or e-commerce store Let’s say you are from Gafar market, Delhi’s wholesale electronics market You pick up some goods from there and sell them on Amazon Which many people were doing But drop shipments that you pick up the goods from Ali express and deliver it there Now you modify the drop shipment You must have heard many times that I am telling you a way to do it One day you visited Gafar market and saw all the products, took their rates Took their photos and everything Now you list it on your website Here is your website and your price After that you go to Gafar market and take the product and deliver it yourself Now in Ali Express, the drop shipment process I get the order and I will ask the shopkeeper to deliver it But there is a small flaw in this process I did the marketing of my website and generated a lead Which is taking headphones, for example, The headphones are from a potential buyer of electronic related products I did the marketing of it and now the retailer sold the product And added a tag that this product is shipped by dash company Or I sold this product and added MRP So here your marketing effort is different Starting acquisition cost is yours After that the buyer kept the database from you That this person wants headphones Now he knows the address, email id and everything And he can target that person So there is a website called Shopify You can start drop shipment business from there In a very less amount, less than 2000 So you start there, they have a store there They have a link to the store, so you can show all your products there You can show all your products you will get a specific price from that shop, For example, a product whose price is 2$ Now you can sell it for any price you want 2$, 5$, 10$, 1000$ Now you do the marketing and sell the product All the database goes to them And they retarget the database on them There can be a small loss here Now tomorrow that person who bought the product from you He will reach that site and see how much was the product worth And he will tell you that this product is worth 5$ So your brand building will be over Another loss is that everyone knows about drop shipment Now you can start your business in a less amount Now it’s not costing much, so they are operating on a small margin You have to sell a product for 100rs and sell it for 102rs You have to make a lot of noise So if you are thinking of doing a business in a competition, you will get less profit If you can define a niche and say that I have a monopoly in this If you are doing the same thing as Shopify Then I think that’s not a good model The best example I gave you is the drop shipment I will call it the type of drop shipment Here you won’t share the details with the other person I am giving you a tip Why drop shipment is not working in India? Because customs duty fluctuates You are charged the price from the other person Now when you are going to deliver it, you have to pay more customs duty You will face a loss in this But here there is a problem If you are working in India, and not paying attention to customs duty If the customs duty fluctuates I will sell the product from Bangalore to Delhi Or I will type it from a manufacturer I will tell you whenever I get an order, you can deliver it What is drop shipment? Like I have a branding, I can take it from a particular site If you get a cheaper one from a different site, you will say that the person took my route And if you are not getting a cheaper one and you took it from me Then I will feel that I have to pay more custom duty I can be smart here, I can put an ad on my website I am earning money from ads and from there If there is a loss, then I will save it from the ad But basically what are you doing? All your marketing efforts The best way is to grow If someone wants to work in drop shipment You have to make a website and promote the product on social media With good money You can promote globally Ali Express will do it anywhere in the world You can deliver it to any person You should know the chart, the pricing, shipping charges You can be a global leader in the world Without any inventory and Without spending 1800-2000 rupees By making a cheap model But if you make a website on WordPress and sell your product And test the quality Then you can be a good e-commerce player If you live in that place, then you can sell the product As I live in Delhi, I get good products there If I live in Kanpur, I get good products there If I live in Bhopal, I get good products there So sell the good products there If you supply from there to India, then you will get profit Always think about long term Drop shipment is short term for me In India, it is short term Because you can’t do import work If you are talking about drop shipment in India Then you will misuse the details So this is my point of view about drop shipment If you think it is wrong, then tell me in the comment section This is my point of view about drop shipment I don’t like drop shipment business that much What happens in affiliate Price is fixed The price of the product is 100 rupees And I will give you 10% commission If you sell the product, then you will get 10% commission But if you go to buy something else, then you will get the same commission But if you go to drop the shipment, then you will get the same commission I have seen 0 commission in some places But when you add it in the card, then you have to pay for shipping Let’s say you are getting a product for 1 dollar I said it is free If shipping was 5 dollars, then I said it is 60 dollars I earned 5 dollars plus 1 dollar is 6 dollars I earned 1 dollar from the top But they don’t operate on a small margin Big people operate on a large margin But competition is increasing, so the margin is decreasing I have given you a business point of view Don’t fight with each other I have given you a business point of view Why drop shipment happens And what can you lose from it Profit is there, there is no mistake in it But you can’t lose from it in long term So this blog ends here I hope you liked it If you have any doubt, do ask me in the comment section Do like and share Do tell me in the comment section if you understood drop shipment or not Is drop shipment good or not Bye Goodnight good morning Good afternoon whenever you are Reading this Blog.