What is Drop Shipping?
The best definition we could find was from (Shopify’s Dropshipping Guide):
“Dropshipping is a retail fulfilment method where a store doesn’t keep the products it sells in stock. Instead, when a store sells a product using the dropshipping model, it purchases the item from a third party and has it shipped directly to the customer. As a result, the seller doesn’t have to handle the product directly.”
“The biggest difference between dropshipping and the standard retail model is that the selling merchant doesn’t stock or own inventory. Instead, the seller purchases inventory as needed from a third party—usually a wholesaler or manufacturer—to fulfil orders.”
What is DropSurfing?
DropSurfing is the exact same thing as drop shipping with only one distinct difference. With Dropsurfing you are not making your own market or creating your own demand. You are using an existing market with its existing demand to convert sales.
Example: Say you use Aliexpress as one of your suppliers and you notice that a certain vendor has sold 1,000 units and received an overall rating of 4.5 Stars. This is a great indicator that people are looking for this product. The 1,000 unit idea is a sweet spot, because you know the item is popular though it hasn’t received enough attention by marketers. You can use this product and ride out the growing trend (Wave) to capitalize on it popularity.
These Included Products Like:
Hoverboards
Fidget Spinners
IPhone Cases
Power Banks
The idea of drop surfing is to get on the wave early so you can ride it for the longest amount of time while generating the most money. Once the market gets oversaturated (or the wave hits the beach) you know it’s done… You can either stop now or run back in the water to catch the next product wave.
How profitable is Drop Shipping and Drop Surfing? (The Truth)
The reality is, the better you are at generating traffic, the more successful you will be at making money using these two business models. If you can’t capture your audience’s attention through Social Media and/or SEO… the odds are you won’t make enough money to generate a stable living. Don’t be fooled by marketers who sell you the get rich quick schemes or the marketing funnels. Learn SEO, Marketing & Sales before you start any new business.
95% of all Drop Shipping Store and Drop Surfing Ideas fail within the first 6 months – 2 yr.
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