How to make money by dropshipping

 Hello guys and welcome back to GO Invest channel. Don't forget to click the thumbs up, subscribe and click the notificationbell if you guys are new here. Today I'm going to talk and show you guys how tostart drop shipping business and make money. Firstly, I'm going to tell you guyswhat is drop shipping and how it works Here you go guys, from this picture the1) is you get order from a customer and get paid through onlinetransaction, the 2) is you inform to the supplier the product needed andpay a wholesale price of the product the 3) is the supplier will ship theproduct with your brand name and keep track on the shipment to make sure it isperfectly arrived to your customer Awesome right because you don't have tokeep any goods or products in stock, you don't have to meet your customers andyou don't have to pay for shipping and keep track. Alright guys, the thingsneeded to open a drop shipping business is search for business that providesdrop shipping in social media like Facebook and Instagram. Let me show you guys how to do it. You get lots of business accounts that you guys want todropship like makeup items, watches, clothing, shoes and more but you have tobe very particular that some are free and some that cost you money so it isalways better to go for the free ones because you don't have to pay anythingto get the supplier so let me show you how. This is my phone.Just go to Instagram. This is my account GO Invest if you guys can click a followbutton. Alright, go to the search button click search for an example now you guysare choosing what to do Watch dropship so you just type here watch dropship and you'll get a lot a lot of pages that which does watchdropship so what you do is you just click one of the account or you want toclick every account also no problem. You just click one of the account and yousend them a message you send them a message saying that I'm reallyinterested to do dropshipping with you is it possible so they will send you allkind of instructions and you have to make sure whether it is free or notbecause some they will say it's free and some will cost you money. Alright, then the thingsneeded to open a drop shipping business is how to sell it. The first thing youguys need to know before selling is know your calculation for an example beforeyou guys selling a things or staff or product go to websites like Facebookstore or Instagram store or Shopify or Shopee Lazada any type of social media andyou can compare the price with them are they selling higher or are they sellingcheaper because the higher you go people will never come and buy from you becausethey will always go for the cheap one because there are a lot of competitorsout there so what you guys do is for an example you are getting the product for20 Malaysian Ringgit but in Lazada and all those they are selling it for 30 Malaysian Ringgit so their profit will be tending it so in order to compete withthem maybe you can sell it for 25 Malaysian Ringgit or 26 Malaysian Ringgit so you look at a rough profit of 6 Malaysian Ringgit. Then, create a business account and post every day withthe details and price of the product in social media like Instagram, Facebook,Lazada, Shopee and more and also post customer feedbacks in social medialike Facebook and Instagram to build trust in customer or other people whojust visited your business account Moreover, do pay ads and discountannually to gain more customers than also customers service is one of theimportant thing in drop shipping business so communicate with customersinstantly right after they message or call because people don't like waitingthat's normal guys that's obvious and say thank you for support for everycustomer's purchase. All right guys these are the points to follow to makemoney and have a successful drop shipping business and anyone at any agecan do this as part-time or full-time businessthank you for watching this video and stay tuned for more videos