Why E-Commerce And Drop Shipping Is A Billion Dollar Market ...

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• September 6th 2012

E-commerce is growing by 19% a year and by 2015 $1.4 trillion will be spent online through e-commerce stores.

People are now more trusting of the Internet and are happy to purchase online, it?s becoming the norm.

By 2020 daily 5 billion Internet users worldwide but a whole lot of people to tap into and potentially sell something to. That number excludes people who search the Internet through tablets and mobile devices.

Why consumers prefer shopping online

It saves time It?s easy to compare prices there?s more variety online it is cheaper to shop online there are no crowds and you can shop from the comfort of your own home

So what is drop shipping?

In a nutshell drop shipping is in order fulfillment strategy. When a customer places an order through your website, you take the payment and the customer details!

You then either automatically or manually contact the wholesaler or manufacturer with the customer details and product purchased! The wholesaler or drop shipper then packs and ships the order to the customer.

So why is drop shipping an ideal e-commerce business solution to someone looking to make money online?

• There is a very low barrier to entry to drop shipping & minimal risk, as no money needs to be paid up front to purchase inventory or stock inventory.

• Your business is less susceptible to loss of earnings as a result of changes in tastes or trends because you don?t stock goods.

• You can offer a broader range of products, due to the fact you never have to stock the goods you are selling

• You can come to market more quickly; drop shipping eliminates wait times when products are shipped from the distributor or manufacturer to the Seller. With drop shipping as soon as the product is online you can start selling it.

• Exploring new lines is incredibly quick and cheap you can test products if they don?t sell you can remove them from your website and it hasn?t cost you a penny.

• You eliminate the need to stock goods, and you never have to ship goods all this is taken care of by the manufacturer or distributor.

• Your drop shipper takes care of all customer service requirements and refunds leaving you to concentrate on sourcing products and driving traffic to your website.

To sum up!

E-commerce is growing; consumers are more confident shopping online and spending more than ever on the web!

Drop shipping offers a quick start, low-cost, e-commerce solution for those looking to start an online business. The low barrier to entry and minimal risk is an excellent opportunity for home-based businesses to get a foothold in the e-commerce marketplace and to start making money online.

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Source: http://fuadtolieb.com/why-e-commerce-and-drop-shipping-is-a-billion-dollar-market/

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