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Drop shipping. Haven't done it, don't recommend it, but I see it mentioned in places like https://www.reddit.com/r/Entrepreneur/ https://www.reddit.com/r/Entre
by jatsign 9y ago
Drop shipping. Haven't done it, don't recommend it, but I see it mentioned in places like
https://www.reddit.com/r/Entrepreneur/ https://www.reddit.com/r/Entrepreneur/
- pjc50 9y agoDoesn't that run the risk of making yourself accessory to someone else's credit card fraud?
- throwaway2016a 9y ago"Victim" not "accessory"... if it is fraud there will likely be a charge back which will cause you to lose money the if you can't document it well but the customer / fraudster still gets the item. You pay the dropship warehouse, you don't pass the customer card info to them. It is as if you bought the product and picked someone else's shipping address. No more / less risk than standard eCommerce, just someone else is doing the fulfillment for you. Drop shipping is great in theory, one problem is that the margins are usually lower than if you bought the items wholesale but you don't have any warehousing or handling cost. The real problem is that if you are drop shipping an item odds are 1000 other people are and it is a race to the bottom to see who is willing to sell for the least profit.
- arkades 9y agoHas dropshipping been a viable side gig since 2005 or so? My understanding was that it was super-saturated.