Hi, new to the forums, hope i am posting this question in the right section considering it regards dropshipping.
I'm currently putting together a plan to do dropshipping, but on a viable long term basis rather than finding viral items, i really do not know how this will work out for me but i have a game plan in place to do such a thing.
So that does bring me to questions some may be able to answer;
Does dropshipping work if i dedicate my source to one niche area and stick to it, eventually being able to use money to move from drop shipping to being able to own the product myself and become an online retailer with physical goods?
When dropshipping, and someone wants a refund, i'm curious of how the refund would operate.
I'm aware i'm acting as the middleman, the person making the 'retail-like' sale, without having to own the product. However if the product gets to them and low and behold, the chinese crap is broken. I would normally say i'm liable, but being the procurer of the sale but not the shipping agent not goods-owner am i really the one who not only has to have a broken item sent back to ME and then sent back to china, but also lose out on the money?
How does anyone else work in this situation or is their a fine-line of what to do?
Sorry again if this is in the wrong area, but i'm curious about the small extra tid bits of information. Seeing everyone talk about money gets me flustered but there is more to it than just opening a shopify store and making advanced plans to move to barbados with my millions of dollars.
I'm currently putting together a plan to do dropshipping, but on a viable long term basis rather than finding viral items, i really do not know how this will work out for me but i have a game plan in place to do such a thing.
So that does bring me to questions some may be able to answer;
Does dropshipping work if i dedicate my source to one niche area and stick to it, eventually being able to use money to move from drop shipping to being able to own the product myself and become an online retailer with physical goods?
When dropshipping, and someone wants a refund, i'm curious of how the refund would operate.
I'm aware i'm acting as the middleman, the person making the 'retail-like' sale, without having to own the product. However if the product gets to them and low and behold, the chinese crap is broken. I would normally say i'm liable, but being the procurer of the sale but not the shipping agent not goods-owner am i really the one who not only has to have a broken item sent back to ME and then sent back to china, but also lose out on the money?
How does anyone else work in this situation or is their a fine-line of what to do?
Sorry again if this is in the wrong area, but i'm curious about the small extra tid bits of information. Seeing everyone talk about money gets me flustered but there is more to it than just opening a shopify store and making advanced plans to move to barbados with my millions of dollars.