Looking for a way to make money online? If so, you have likely come across dropshipping. Dropshipping has been a popular business model for quite some time now. After all, it offers many benefits that you don’t get with starting a traditional E-commerce business. However, what if I were to tell you there is an even better business model that solves many of the drawbacks that typically come with starting and running a dropshipping business? Drop servicing is a relatively new business model that is superior to drop shipping in many ways. Below, you will learn why drop servicing should be your go-to business model if you are looking to start making money online right away.
Why Drop Servicing Is Better
Drop servicing is essentially drop shipping for services. Rather than sourcing products, you are sourcing services. Thus, you are selling an in-demand service without actually providing that service yourself. Essentially you are getting paid for a service that you are then outsourcing to another party. There are plenty of advantages that this business model has over the traditional drop-shipping model. For one, you don’t have to deal with returns. Returns are typically the bane of any business’ existence. No one wants to deal with returns because it comes at a high cost. If you partner with a manufacturer to ship out products, returns can eat up a lot of your profits. This is especially true if you are selling products that are costly to ship in the first place. For a service, you won’t have any return shipping costs to worry about.
Likewise, you don’t have to worry about getting shipped back an unsellable product. Another key benefit is the fact that you can find many different service providers that offer the service. You are typically limited in the number of manufacturers that offer the product you want and need for drop shipping. Thus, as with the law of supply and demand, you end up having to pay a premium for it. By offering services, you don’t have that problem, which means you can save big on outsourcing services. Likewise, you don’t have the same issues associated with MAP pricing, limiting your ability to create incentives for making a sale.
How To Start Selling With Selling Services
To get started, it’s very simple. For starters, you need to find freelancers or people/companies that you can outsource to. From there, all you need to do is begin marketing and advertising the services that you want to sell.
Dropshipping Is Over. Drop Servicing Is The Future
As more and more entrepreneurs realize the many benefits of drop servicing over drop shipping, you can expect an increasing number of people entering the space. At this point, you can capture a significant portion of the marketplace. By becoming one of the first to enter, you will give yourself a competitive advantage at competing for maximum market share in the future. The wave has started and it is only expected to continue. The benefits of offering services far outweigh the benefits that come with drop shipping making it a superior business model to invest in.