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Why You Should Dropship
Now that you know exactly what a
drop ship business is and how it works you should be aware of
some of the phenomenal benefits owning one will bring you. These
benefits are shared by thousands of people around the world and
if you follow this guide you will be next!
There are many
benefits of owning and operating an online business. The single
most powerful benefit is the ability to reach nearly an endless
number of customers globally or in a specific geographic area.
You are in full control of the number of customers you want to
target. If you were operating a regular brick and mortar store
in your local area you would be limited by the number of people
in your immediate geographic area. With an endless geographic
reach you are in full control of your success. With traditional
retail you could target a wide geographic area but it would
require you to have a physical business location in all of those
areas.
Operating an online business is much less
expensive compared to conventional retail stores. Your physical
store is your website and you can have an endless number of
customers shopping and buying at the same time. The largest
expense for a brick and mortar retail store is usually the lease
on the building. Your online store will cost less than 1% of
what it would cost to lease a building. In addition, if you do
decide to hold inventory for your online business you can simply
lease warehouse space which is usually about 75% less expensive
than traditional retail space.
You will also have reduced
labor costs for your online store. In a retail environment you
need cashiers, stockers, managers, etc. You can successfully run
and manage your entire online store by yourself when you first
begin. As your business grows you can hire additional employees
when you need them.
Another awesome benefit of running an
online business, particularly a drop ship business, is that you
do not need to hold inventory and you will only need a small
amount of space. You can even run your drop ship business on the
road!
You will be starting a drop ship business and you
will need to have a wide variety of products to sell. Finding
these and establishing relationships with your suppliers is
quick and simple. In Chapter 10 we teach you exactly how to
source products and develop relationships with suppliers. We’ll
even show you how to convince manufacturers that have never
offered a drop ship program to offer that program exclusively to
you!
As a new owner of a small business you are entitled
to huge tax savings! You can write off all sorts of expenses
that relate to your business. A few examples are part of your
mortgage/rent, utilities, computers, internet access, paper
supplies, furniture, and many more. Check with your CPA or tax
attorney to see exactly what you are entitled to write off.
Perhaps one of the most lucrative parts of owning your
online drop ship business is that you are in full control of
your success, whereas at a typical job there is usually little
room for advancement. You will have to work hard at your new
business but you will also have the flexibility to do the
activities you enjoy.
You have an endless supply of
customers, products, and potential income at your finger tips.
You are also reading the most comprehensive drop ship guide ever
written. With your dedication and this detailed guide your
success can be endless. In the next section we will describe to
you exactly what a drop ship business is and how it works.
The True Web Money Dropshipping eCourse Outline
Start Here - Introduction
The Power of the E-Commerce
What is Drop Shipping?
Why You Should Drop Ship
Getting Started
Setting up a Temporary
Contact
Picking a Niche Market
Getting Started with a Plan
Business Structure and Legal
Picking a Domain Name
Product Sourcing and Finding
Suppliers
Building Your Website
Branding Your Business
Finding a Merchant Service
Provider
Marketing Your Business
Putting it all Together
Sales Strategy
Defining Business Systems
Conclusion
Step by Step Checklist
Website Resources
