Drop shipping for dummies.

Drop shipping is probably one of the easiest ways to make money online. If you know how to find the best products and how to promote you can make a lot of money by working less than hour a day.
So what is drop shipping?
Drop shipping is very similar to affiliate marketing. You find a wholesaler, than choose some of the products they offer. Use the products to build an eBay list or open an online and you are ready to start. You set the price of the product on your list or on the website. After someone buys the product he pays you and gives you his address. You take the money and buy the product from the wholesaler. After that the wholesaler ships the product to the customer. This means that you pay for the product after a buyer paid you. This means you don't have to buy the products in advance which means you work without a loss. Also because you don't have any physical contact with the products you don't need a storage for them. So you save money on buying and storage.
You can sell the products  as  I mentioned above on eBay or on your website. Also you can make a Facebook store and sell them there. There are a lot of wholesalers.  Some people even use Amazon. The best sites are Doba, Dropship Direct, Wholesale2b, Megagoods etc. Some of them require you to pay money to use their services. But once you know how to promote products this won't matter much to you.
So far drop shipping sounds very easy and profitable. But it's not that simple. You need to find the right products. I highly recommend  selling products that are above 200 dollars. This might seem a lot . But, you can make big money by only selling expensive products. Let's say you earn 10 % from each product you sell. If you sell products that are worth 20 dollars you will make 2 dollars per sale. If you sale a 200 dollar products you will make 20 per sale. So selling 10 products that cost 20 dollars is the same as selling one product  that costs 200 dollars. Selling more expensive has one more advantage. Because once a customers orders the product from you, you than need to order it from the wholesaler. If you sell cheap products you will get a lot of orders and your work will be a big mess.
So it's easier to organize your work with expensive products and it's easier to make money
You won't have a control of the products you sale. This one of the main drawbacks of drop shipping. You need to try the product yourself before you offer it to other people. Because if you scam people you won't make a lot of many.
And finally the last thing for successful drop shipping as always is marketing. How you market the products you sale is the most important thing. So with everything in life you need to learn how to sell first. Drop shipping is good for beginners because you don't invest any money. Except the money you will pay for a monthly subscription on drop shipping website. As always you can utilize the social media for marketing. It's free and as time passes by you will get more  experienced and better at marketing. This will not only help with drop shipping but with all your other business ventures.
I highly recommend giving drop shipping a try. Find a good wholesaler, find products that you like and you are interested about. It's easier to promote them and if you like there are other people who like them. Find products that actually help people and have real value. Read something about marketing. Follow my blog I have a lot of marketing books reviews coming. You don't have a lot to lose so give drop shipping a try. I wish you a lot of success in drop shipping.