E-commerce is a fundamental part of our modern society, as every day more and more transactions are made through the internet. The diverse parts of this industry have led to the emergence of new businesses. They are different in their originality, as they serve the needs of online shoppers. Drop shipping is one of them.
Drop shipping is the practice of offering a product for sale, without holding it in stock (in other words, without storing it). For this reason, drop shipping stores do not have to take care of merchandise and can offer a wider range of products. Drop shippers usually have supplier relationships directly with the brands or wholesalers. Those suppliers provide drop shippers with products that they sell on their e-commerce platforms. The methods in which drop shipping fulfills orders include transportation by courier services or local pick up from the store by customers.
Marcus Pereira is an Australian entrepreneur and an author of an Amazon best selling book. The 17-year-old businessman started working towards his business model at the age of 15. As the pandemic originated, instead of lying back, he decided to put all his skills and expertise to create a successful business. Marcus’s drop shipping business has done more than $1,000,000 in sales since its inception.
He came across a YouTube channel that laid down the significance of the e-commerce industry and the options available in it to earn money. After researching the same, Marcus created his online business without any investment and specific skills.
Financial freedom is yearned by many but achieved by very few. Marcus has always believed in seeking financial freedom since a very young age.
He considers that the future of e-commerce is bright, and it will widen its horizons every day. E-commerce is based on selling products online and earning money from it, but with Drop shipping, one can do more than just earning money because drop shipping does not require inventory or managing orders.
Understanding the importance of networking for young entrepreneurs is as important as any other aspect of the business. Marcus has always emphasized the significance of the same through his practices and blogs.
To inspire the youth of today, he aims to create multiple sources of courses and training sessions that can empower them to think and chase financial freedom.