Original subtitles

Okay.

Why is eBay.

Shipping jobs shipping is actually a concept where a buyer placed an order at your store and then you

forward the order to your supplier and the supplier will actually ship the item directly to your customer.

So in this model that there's no holding of any stocks or even jewelry.

So the result is actually very low compared to traditional retail business and e-commerce where they

actually buy stocks from China first and then actually sell them online or in a retail shop.

This way they will be risk involved as you may not be able to sell the item has dropped shipping is

actually a preferred model.

There's not much risk involved.

So this is just a simple illustration of how drop shipping works.

Year.

These are four things the buyer you your store and the supplier.

So the buyer will come to your store and purchase the item.

They will receive the order and then you follow the order to your supplier and the supplier will ship

to your buyer or in between you actually take a cut of the profits or as an example if you sell the

item one hundred dollars the supplier cost it dollars.

You make a profit or twenty dollars but of course there will be fees a bath which I will talk more later

in the morning module okay.

So what are the pros and cons of Josh being firstly it is low cost.

You actually do need capital to actually start this business compared to other traditional e-commerce

business.

Secondly it is easy to get started.

Anyone can get start to it as long as you have Internet access and a PayPal account to receive payment.

So literally anywhere in the world can start this business and at least has no risk since you do need

to come up with any capital.

So the risk is very low and that if you start a traditional e-commerce business or a retail store you

will need to buy the goods in advance.

So there is a reason of losing your money if you are unable to sell a product that's why Josh shipping

is such a good business model.

So for the cons you have usually lesser control because you can decide when to actually ship the item

so in this case you are actually 100 percent reliant on your supplier and is very important to choose

a good supplier which I will actually talk more than a little more do you ultimately choose a good supplier

that are actually dropship friendly and also will ship to your customer on time.