Lesson 05Business model
Dropshipping 101
This video explains exactly how dropshipping works in simple terms. If you've ever wondered "how does my store actually make money without me holding any products?", this lesson answers that question from start to finish.
What You'll Learn
How the whole dropshipping process works: a customer buys from your store, your supplier ships the product directly to them, and you keep the difference in price as profit. You never touch the product. This video also clears up common myths about dropshipping and covers a few basic legal things to be aware of as a store owner.
Your To-Do After Watching
- Look through all 30 products in your store and think about how the dropshipping process applies to each one
- Work out the potential profit on each product — meaning, what you'd charge the customer minus what it costs you
- Make sure you understand the full journey of an order: customer buys → your store notifies the supplier → supplier ships to customer