What are the pros and cons of drop shipping ecommerce business?
Pro– less storage space needed for the seller, no overhead costs of storage, easy to get started as you don’t have to deal with physical products and can run your business from anywhere.
Con– having to pay part of profit to another business, competing with others who price their items cheaper, hard to keep track of inventory, different products at different locations means more shipping costs, your supplier could be untrustworthy or have low quality items
Find 5 examples of drop ship ecommerce site on the web. Amazon and eBay are not to be included on your list.
- https://www.skinnymetea.com.au/
- https://warmlydecor.com/
- https://www.meowingtons.com/
- https://odditymall.com/
- https://bestchoiceproducts.com/
Would you create such a store? Why or why not?
I personally would not create this type of store. They can be highly competitive which can mean little to no profit for the work you put out there. You also have to be aware of how much taxes your business would need to pay.
What is affiliate marketing?
Affiliate marketing is using someone (such as a social media influencer) to show off your product to get the word out there so you can get more buyers. The affiliate also makes profit on any items sold through their recommendation.
What is AdWords? How do you set this up for your Ecommerce site?
AdWords are campaigns that will be shown on googles search. This kind of ad does cost money. You can get this feature on wordpress by using the premium version of wordpress. You can click the button to turn on this feature.