Friends, does anyone have experience with dropshipping? Is it worth getting into? Since you’re not selling your own products, the profits aren’t as high as they would be if you were. So what are the advantages of this type of business?
I think it's worth exploring. Here's the basic concept: you purchase a product with the intention of reselling it at a higher price, profiting from that margin. Dropshipping operates on the same principle. Every item has a base cost, you add your markup, and when you make a sale, the difference becomes your profit. The key difference is that you don't handle purchasing inventory, transportation, packaging, or shipping, all of that is managed for you. Your main responsibilities are finding the right products and marketing them online. Naturally, there are certain challenges involved, but for all the pros and cons, key advantages and disadvantages of dropshipping, I'd recommend reading about them in detail here: https://easync.io/articles/pros-and-cons-of-dropshipping/. Going through everything thoroughly would take quite a bit of time.