So what’s up guys, this is Rekhilesh Adiyeri here, and today I want to talk about the advantages of dropshipping business model.
Do you know that Dropshipping is an e-commerce business model where you can sell goods without needing to own them or even store them!
What Exactly Is Drop Shipping.
Dropshipping is a business model where e-commerce retailers don’t keep goods in stock. Instead, when a customer makes a purchase, the retailer purchases the item from their supplier and has it shipped right to the customer’s door. You can use platforms like Shopify or WooCommerce to build your online store.
Dropshipping offers two main advantages for entrepreneurs:
- Low overhead
- Rapid scalability.
Now let’s take a look at some of the more unique benefits of the dropshipping business model.
What Are the Advantages of Dropshipping?
I recently researched the benefits of dropshipping, and what I found will surprise you.
1. You can start your online business with no money!
Dropshipping requires very little startup capital. Start with a free blog, use your social media accounts, or create an account on Shopify store builder to get started right away.
2. You can start your own business in less than an hour!
Create your store and connect it to a dropshipping supplier; you are ready to get orders in an hour. The latest online eCom store building technologies like Shopify and Woocommerce help in this case. The Kibo Code Eclipse has a better store builder with unique features. Let me share it in future posts.
3. Save time
Dropshipping saves you a lot of time compared to running a physical (brick and mortar) business. Because there is no need to run a warehouse, hire employees, or store products.
4. It’s the perfect business model for e-merchants!
Dropshipping is suitable for those who are not so tech-savvy as it only requires basic internet and computer skills to set up your store.
5. You can earn money from home!
You can run this business from the comfort of your own home.
6. No need to have an inventory!
Dropshipping keeps you completely free from any physical product inventory, which means you don’t have to buy or store anything in your business.
Why I chose the Drop Shipping Model
As a Dropshipper, our only costs are to maintain an online store and list items for sale on this website (i.e., store web hosting and merchant account fees). There are no product storage or transportation costs involved. Instead, our suppliers ship products directly to customers’ doors once they have placed orders. This translates into low startup costs, often only around $ 100 to $ 200 per year – and no minimum purchase is required.
Another significant advantage of dropshipping is that you don’t need a physical store or office setup. It will save you on rent and lower production costs. You can still run a small business without paying expensive startup costs to open a store.
The third main advantage of the Dropshipping model is its scalability. Since no physical product is stored, manufactured, or inventoried by the business owner, the only variable cost associated with each sale made is paying a supplier for that order. You could use customer money to pay for suppliers!.
That means that you can increase your sales exponentially without worrying about the increase in production costs. Because all you have to do is find more suppliers to increase the demand.
The last reason you should consider dropshipping is that it’s easier than ever to start with minimal overhead.
So if you are looking for a low-cost startup business opportunity, this is definitely the way to go.
Now, I have talked about the various benefits of dropshipping, so let’s talk about the essential benefits that you will get from this Kibo Eclipse system.
What Is the Kibo Eclipse System?
Now let’s see what I can say about the Kibo Eclipse system and its benefits.
The Kibo Eclipse is a comprehensive training program that teaches a streamlined dropshipping business model that works in 2022 and beyond. It is a proven eCommerce system that teaches people how to set up, manage, and grow online stores using a distinct approach to eCommerce.
Aidan Booth and Steve Clayton developed and hosted this coaching program and training system. The program focuses on the development and automation of e-commerce sites as “passive income” Internet assets.
The Kibo Code Eclipse system is divided into an 8-week training program and offers a robust online store builder. Students will learn to develop and manage their own eCommerce stores, followed by a few extra weeks of accelerated live coaching sessions. Plus, you get one-on-one mentoring with Aidan Booth and Steve Clayton.
Overview of the KIBO CODE training program:
- Learn how to become a digital entrepreneur;
- Find out how to harness the power of eCom automation;
- Set up your online store in a few hours using Kibo Store Builder;
- Know how to sell on Walmart, Facebook, Amazon, and other marketplaces;
- And much more!
If you are looking for a business opportunity to have your own passive income stream, then dropshipping based on the Kibo Eclipse system will definitely help you!