BUSINESS 101: What Is Dropshipping?

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▶️ Watch on 3Speak

Hello everyone!

Welcome to yet another episode of Gist with Omosefe!!!

This video is not the usual love, relationship, or life talk.

In the video, I discussed dropshipping in depth, including its definition, what it entails, how to get started, and much more. The following are some of the questions I addressed in the video:

  • What is dropshipping?

  • Is it financially viable?

  • How can you get started with dropshipping?

As I said in the video, there are many levels to dropshipping. There are many others who, like me, stick to the fundamentals. For our various businesses, we use several social media platforms such as WhatsApp, Snapchat, Instagram, and Facebook. Others do it on a far larger scale by utilising well-known platforms like Amazon, Aliexpress, and the likes.

The definition of dropshipping, however, remains the same. Every drop shipper acts as a go-between, a link between the manufacturer/supplier and the consumer/customer.

I understand the video is a little longer than normal, but I promise it's worth every kilobyte.

If you have any additions or subtractions, please share.
If you have questions, please ask me.

Thank you for your time!

▶️ 3Speak

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11 comments
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Lol I never really thought of the drop shipping in the middle man sense until now. The youth have gotten engaged in drop shipping now more than ever. Everyone is a “plug” for something and we all really just ship in stuff to sell to people who either don’t know how drop ship themselves or don’t want to be burdened by it. The good part is, if you know how to play your cards, you don’t even have to start with your own money.

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Everyone is a “plug” for something and we all really just ship in stuff to sell to people who either don’t know how to drop ship themselves or don’t want to be burdened by it.

You're very correct!

The good part is, if you know how to play your cards, you don’t even have to start with your own money.

I didn't start any of my dropshipping businesses with a dime actually. It's the easiest way to get started.

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Me and drop shipping are 5&6.... That's what I have been doing for years to survive

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I call it the survival of the fittest.

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babe, you have been making over 10 HBD in one sale... No be juju be that. God when oh.. No wonder you don't have time for Hive.

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Lol. Pleaseeeeeee. If I'm not on Hive, it's definitely for other reasons.

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hmm... keep enjoying yourself oh... This dropshipping business dey enter my eye too, make I too dey make some money as well.

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