What is Dropshipping ? How does Dropshipping work ?
The dropshipping method takes place in the form of receiving product orders by reaching a specific target audience with a virtual store model called “niche market”. In simpler terms, the dropshipping system works like this: The customer purchases the product from your online store. You also forward the order and the customer’s delivery information to the wholesaler or supplier. The supplier sends the order to the customer.
As can be seen from the stages, the working principle of dropshipping seems simple; however, it is necessary to be careful at a few points as there is no guarantee of profit. In order to grow your business in the e-commerce sector with dropshipping, you should research the market well and find answers to the questions about the market before answering the question of how much dropshipping earns.
In this method, the estimated income and expenses should be calculated, the taxes should be paid (Income and Corporate tax exempt from VAT for dropshipping from abroad to abroad, VAT and Income and Corporate tax over the intermediary service fee in domestic sales from abroad, procured domestically and VAT and Income Tax, if there is a service contract for sales outside of the company)
You have to find a reliable supplier and develop the right strategies to find customers. Of course, in order to be successful, it is also of great importance that you work efficiently on SEO, develop good relationships with suppliers, be active in social media and give importance to customer experience.