Friday, March 29

Dropshipping through Amazon may be a profitable side hustle for entrepreneurs in 2022


Dropshipping and private labelling are increasingly dependable ways to grow wealth

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This article was created by StackCommerce. Postmedia may earn an affiliate commission from purchases made through our links on this page.

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Each new year brings the global population closer together through digital sales, and the pandemic has only sped up the process . Stores no longer need storefronts, and that’s opened up a wealth of industry, ingenuity, and new markets. Among the most profitable and increasingly accountable side hustles is dropshopping and private labeling through Amazon , which is worth your consideration if you’re looking for an extra source of income in 2022.

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What’s dropshipping?

Basically, dropshipping is running a store without the actual store. Through a sales platform, like Amazon, dropshippers source products from a wholesaler then move them to a customer at a marked-up cost. You can earn a profit by buying in bulk to save upfront costs. There are additional strategies that can increase your margins as well, such as repackaging and rebranding your products before selling.

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How much money can dropshippers make?

Among many jaw-dropping dropshipping statistics , some worth considering upfront are: There are over 2 billion global digital buyers, the dropshipping industry is expected to reach a market valuation of nearly $560 billion by 2025, and suppliers earn 18.33 per cent more profits when selling to dropshippers compared to their own sales online. The demand and the potential are there. All you need to do is learn the lay of the land and launch your business.

Earn profit on the side by learning how to dropship

Try getting started with the remarkably affordable 2022 Complete Amazon Dropshipping & Private Label Master Class Bundle , on sale for just $44.99. The bundle is rated 4.5 out of 5 stars by verified purchasers, and it includes 11 courses on Amazon FBA private labeling, Amazon PPC advertising, suspension prevention, and more.

Courses are taught by experts including Brock Johnson — a seven-figure Amazon seller and e-commerce expert who turned a $100 investment in 2017 into over $6 million in sales on Amazon. And while much of the bundle focuses on Amazon FBA, you’ll also discover information that will help brand your products and conduct product research to gain an edge over your competitors.

Prices subject to change.



financialpost.com