One popular business model in recent years is to attract people to open a free online store and earn commissions through one-click dropshipping services. This business model is often referred to as “affiliate marketing” or “dropshipping.”
Dropshipping is a business model where the retailer does not keep any inventory on hand. Instead, they purchase products from a supplier who ships them directly to the customer. The retailer earns a commission on each sale without having to handle any of the fulfillment or shipment logistics.
To attract individuals to participate in this program, companies may offer incentives such as free store setup and management tools, pre-built websites, and marketing materials. The goal is to make it as easy as possible for individuals to start their own e-commerce business with minimal effort and risk.
Once the individual’s online store is set up, they can select products from the supplier’s catalog and add them to their store. When a customer purchases a product, the retailer simply clicks a button to place the order with the supplier, and the supplier handles the rest of the fulfillment and shipping process.
The retailer earns a commission on each sale, which is typically a percentage of the product’s sale price. The supplier also benefits from increased sales volume and exposure to a wider audience.
Overall, the dropshipping business model can be an attractive option for individuals looking to start an e-commerce business without the upfront costs and risks associated with traditional retail models. However, it is important to carefully research potential suppliers and understand the nuances of the business before diving in.