DROP-SHIPPING BUSINESS MODEL
In this Video, I have discussed the TREND in the E-Commerce Business. Previously, we are only familiar with Amazon, eBay, Alibaba, AliExpress, Lazada and the like. Those are the biggest players in the E-commerce Industry. They sell thousands and thousands of products and items. Because of this OLD Business Model in the E-Commerce Industry, the ordinary entrepreneur may not have the chance to position their business in the market because of the market competition. Since Drop-shipping business started to flourish, small-scale e-commerce entrepreneur has now the chance to engage in the industry of e-commerce because of the very minimal cost of establishing a dropshipping company. What is good with this new trend in the E-Commerce is that you bought an items from the resellers based on their pricing scheme or price preferences and then you will sell the item based on how much you think is enough and can actually afford by many. You can buy the item at $1 Dollar and you have the