Engjell Berisha is drop shipping entrepreneur who helped people to generate over $1 million in sales. By the time he was 15 years old, he is looking forward to generate also for his self the same results he could make for his students. His success can be attributed to a winning drop shipping strategy which involved setting up multiple online stores in various key niches. Without needing to make an upfront investment for store inventory, Berisha turned a simple dream and ambition into a passive income which has given him the freedom to travel the world and teach others who are financially struggling in their lives.
Drop shipping is a selling technique where you sell products that are in a third party’s inventory, such as a wholesaler or manufacturer. Sellers are not required to pay for the products until after their customers pay for them first. It is a way for sellers to avoid investing any money upfront for their inventory. While this might sound all nice and easy it takes a particular set of skills to make it work.
The world of drop shipping is often considered the easiest way to sell products online. The biggest difference between drop shipping and the standard retail model is that in drop shipping, the selling merchant doesn’t stock his own inventory. Instead, the merchant purchases inventory as needed from a third party usually drop shipping wholesalers or manufacturers to fulfill orders. This is my favorite way to easily locate legitimate wholesale suppliers. If you know the product(s) you want to sell, call the manufacturer and ask for a list of its wholesale distributors. You can then contact these wholesalers to see if they drop ship and inquire about setting up an account.
Since most wholesalers carry products from a variety of manufacturers, this strategy will allow you to quickly source a selection of products within the niche you’re exploring. After making a couple of calls to the leading manufacturers in a niche, you’ll quickly be able to identify the leading wholesalers in that market. Using a certified wholesaler that drop ships, is a low-cost solution for people who work from home, don’t have money to spend on inventory and want to sell products online. Drop shipping does work and it works very well but you have to be careful with a few things.
First, you can’t just sell any product you want and expect to be able to compete with drop shippers. When you drop ship a product, you are buying and selling one thing at a time. That means your wholesale price is for one product when you have it shipped. Wholesalers always provide discounts to retailers when they purchase in bulk. That means your wholesale price for one product (drop-shipped) can be higher than a competitor who is buying in volume from the wholesaler which means they can sell that product much cheaper than you can, and in some cases, even cheaper than your wholesale cost
Many sellers in the past have tried drop shipping, only to fail in the end. Perhaps they found the wrong drop shipper or simply used the wrong products or niches. But this wasn’t the case for one drop shipper; he generated more than $1 million in sales. The most impressive thing is that he was only a teenager when he did it.
When Berisha made over $50,000 profit within his first two years at drop shipping, he knew he could help others to do same thing. The essential elements of his success included the e-commerce platform shopify, niche researched, an effective business strategy, and a lot of hard work. In his courses, he teaches his students how to setup shopify stores, establish relationships with legitimate drop shippers, find the right products to sell in the market.