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Dropshipping: How to start a hands-free online business

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Online Banking

No inventory, no headaches. This is the basic fonament of dropshipping selling model, so If you are thinking to start a new business from home, in this article we analyze the main advantages and disadvantage of drop shipping.

Dropshipping can be a real way to make a little bit of money on the side, all you have to do is work hard and choose a product of your interest as health and beauty, video games, wholesale gadget parts, music, candles or whatever you like yourself.

But, how dropshipping works? There are three different parts to this business model, the suppliers, the e-commerce store or dropshipper and the final customer. And four steps to make it all work together.

In the first place, you will have to list the supplier product on your e-commerce store for customers to buy. Afterwards and in second place, the customer can purchase something from your e-commerce store. The third step comes when you order that same exact product that the customer paid for, from your supplier. So finally your drop shipping supplier will ship this product directly to your final customer, and they will receive the item that they have ordered from your e-commerce store.

Easy right? You will receive the money you sold your product for and the supplier will charge you the wholesale price. So your profit will be the difference between the retail price and the wholesale price that you will pay to your dropshipping suppliers.

How to find products to sell online?

It is time to find products to sell and push for those items you think will succeed and customers will purchase. A good way to start is by importing items from China which will translate into better profits for your e-commerce.

China brands and chinese dropshippers are becoming very popular because they wholesale products with high-profit potential, as a double stereo Bluetooth with DSP for 27.62 dollars, that it can be sold for the retail price of 46.95 dollars. The benefit will be huge.

Or a popular set of knives ship free, a good opportunity to increase your earnings and avoid to invest in shipping. This little opportunity will make the difference in your new e-commerce. Millions of people buy knives every day as they are incredibly useful in the kitchen and required for many outdoor activities like trekking, camping or scuba diving.

Disadvantages and advantages of Drop Shipping

Even If the high-profit opportunities exist, they are not common. In general, low margins are the biggest disadvantage of operating in a highly competitive niche. E-commerce stores need so little in getting the business started, that they can afford to operate in such a low margins.

The inventory issues are another disadvantage of drop shipping. When you are sourcing from multiples suppliers, inventory changes on a daily basis, but to mitigate this problem you can start stocking some of your items. Shipping complexities If you work with multiple warehouses and supplier errors fulfilling the orders can be also tricky to face.

However, the benefits can be very good If you want to make it work and you have the time to invest. The biggest advantage of drop shipping is that you can launch an e-commerce store without having to invest much money in front. With this business model, you don’t have to purchase an item unless you already made the sale and the final customer has paid.

It is possible to work from anywhere as long as you have the internet connection, so make sure you can communicate with suppliers and customers easily. Another big advantage is that is easy to scale, as most of the work to process additional orders will be borne by the suppliers, allowing you to expand and create a better customer service and build the base of a good marketing strategy. So as the popular saying proclaims, If it is too good to be true, it probably is.

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Student @ Advanced Digital Sciences Center, Singapore. Travelled to 30+ countries, passion for basketball.

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How to make money online with guest blogging

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If you are one of those that want to find ways to make extra income online and also have a blog then this article could be for you. We will talk about guest blogging and how it could potentially be a source of income for yourself.

What is guest blogging?

We must start by saying that guest blogging is a very useful tool for that is trending at the present time, a tool who can enhance one’s reputation. We must look at the issue from two different perspectives:

Firstly, you might be at the beginning with blogging, you have a small audience and would like to expand and reach a higher number of people. In this situation, guest blogging would be useful, since you go and search for other websites that allow guest posting. By publishing one or several guest posts on other websites, you might grow in popularity and eventually grow your audience.                 

–        Secondly, you might be someone who had already built a blog that is successful and you could allow other people who want to grow their pages by letting them post materials on your website.  

How can you generate income?

In the first situation, we assume that you are wanting to build a blog in such a way that you will be able to advertise products or services, while also providing valuable information for your audience. If that’s the case, guest blogging (or posting some original materials on other blogs) will help you increase the traffic on your page and it could eventually lead to some of the people buying the products or services that you are advertising.        

In the second scenario, by letting other aspiring bloggers post content on your blog, you will generate income by charging them a fee for each material they have posted. Also, you won’t have to dedicate so much time in writing articles.          

As you can see, there’s marketing involved, if you want to generate income with guest blogging. Platforms like Clicksdealer.com, affiliate marketing companies like ClickBank, and many others are active companies in the online marketing field, and you could use some of them in order to generate income online.  

This is not a get-rich-quick scheme or something like that, and it should be treated like a business that takes study, time, work, and perseverance in order to succeed at. If you think it is something that relates to you, you should begin to study in depth the field and most importantly – take action.      

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Enjoy a VIP Night in World’s Best Cities

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VIP night in London Barcelone MArbella ibiza

Go partying can become a routine if you don’t attend to special and outstanding clubs in world’s best cities recognized for their nightlife. So now we are going to talk about the best clubs where you can book and enjoy VIP areas and tables to avoid the crowds on the dance floors but, at the same time, be able to enjoy the music of the best DJs, the company of your friends and the exclusive drink service without waiting at the bar. Let’s take a look at the best cities to going out and their best nightclubs.

London

The United Kingdom’s capital has a large selection of the best and most exclusive and luxury nightclubs in the world. We are talking about Cirque Le Soir, Tape, Drama, The Box, Libertine, Cuckoo, Toy Room, Scandal, Reign, Charlie, Maddox and Mahiki Kensington. In addition, there is the possibility to book London Vip Tables in these clubs and enjoy the best night of your lives. Prices are around £1000 for 10 guests, and the service includes VIP access, bottle spend included in the minimum, designated hostess service for the duration of the party and a personal concierge, so we encourage you to treat yourselves one night.

Barcelona

What can we say about Barcelona? Without any doubt, one of the best cities in the world, if not the best, to go out at night and people are very cheerful. There are hundreds of clubs, but if we have made an exclusive selection, we choose Opium, Bling Bling, Pacha, Eclipse Hotel W, Otto Zutz, Catwalk, Shoko, CDLC, Café del Mar and Hyde. Of course, all of them have a Barcelona Vip Tables booking service where you can enjoy a special area for you and your friends and make that night something unique. Prices range between €250 and €1200 for 5 guests, depending on whether the table is (first, second or third row). The service include fast track entry, bar spend as per minimum spend included, designated hostess service and a personal concierge, so, it’s worth it!

Marbella

Marbella! The jewel of La Costa del Sol, near Malaga, one of the most beautiful areas in southern Spain. We can only imagine a fantastic night strolling through its beaches, marinas and, of course, dancing in its most exclusive nightclubs where the jet set meets every season of the year, not only in summer. If you are looking for the best clubs in Marbella, here you have them: Olivia Varele, Starlite, Aqwa Mist, Tibu, Mirage, News Cafe, Funky Buddha, Nikki Beach, Opium Beach, Nao, Plaza Beach and Sisu. The Marbella Vip Tables cost about €850 and €2500 for 10 guests depending on the club you choose and the services included, which can vary a lot. This is real luxury!

Ibiza

We leave the jackpot to the end: Ibiza! No matter which club you choose: Pacha, Ushuaïa, Amnesia, Hï Ibiza, Privilege, Ocean Beach, Es Paradis, Lío Ibiza, Destino Ibiza or Blue Marlin. You can book Ibiza Vip Tables from € 250 per person and you will live an unforgettable night in the best party island in the Mediterranean.

Have we convinced you to spend a VIP night in London, Barcelona, Marbella or Ibiza? Think of your birthday party, a bachelor or bachelorette party or a special anniversary and we are sure that the answer will be an emphatic YES!

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ISO 9001, the QUALITY MANAGEMENT SYSTEM that will boost your company’s benefits

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Many organizations establish their Quality Management System (QMS) based on the requirements of ISO 9001: 2015. The benefits and advantages of implementing ISO 9001 extend to several areas of the business. Of course, visibility and expansion in the market are among the most mentioned. In this article, we look at why ISO 9001 can be a big boost to any business and best way to ensure continual improvement.

What is ISO 9001?

iso 9001

ISO 9001 is a system that is designed to make business owners and managers feel more in control of their businesses through a series of efficient systems and processes. It is a way to align the objectives of the company and the ideas of the employees in favour of the organization. By implementing the standard, the organization shows the employee that they should think about the future, that the market is changing and that suggestions are always required that lead to improvement.

ISO 9001 is systematic and process driven approach to managing your businesses’ day to day activities.  It is designed to support your business in ensuring that you meet the needs of your customers, whilst delivering a consistent level of quality and satisfaction. The areas that are covered within ISO 9001 include customer satisfaction, training records for staff, preferred supplier lists, contract reviews, quality objectives, management Review meetings, evidence of Monitoring and Measuring and non-conformance register.

Who is ISO 9001 for?

ISO 9001 is a certification that can be achieved by any business, of any size, in any sector.  Traditionally ISO 9001 has been seen as a quality management standard for the manufacturing sector.  However, ISO Quality Services Limited have helped implement ISO 9001 into many other sectors including:

  •     Business services sector, including accountants, solicitors and business consultancies;
  •     Waste and cleaning companies;
  •     IT and creative businesses;
  •     Charities and care homes;
  •     Construction companies;
  •     Automotive and transport companies; and
  •     The hospitality and retail sector.

If you run a business in any of these fields and improvement is high on your agenda for 2018, but you are not sure how to get started, there are consulting companies which offer trainings on the topic such as the Mexican firm SPC Consulting Group.

What are ISO 9001 benefits?

Thanks to the improvement in quality management, the ISO 9001 certification, brings a new image to the market. This shows that the organization cares about the way it is seen by its clients. The certification shows them that quality is what your business aims to, that the company wants to keep improving and that you are open to new opportunities and partnerships.

Of course, the main players in the markets are more receptive to the business that have the certification –in certain industries, it may even prevent those who do not have it from even participating, indeed.

Long and short term benefits

In the short term, obtaining ISO 9001 certification provides improvements in internal business processes by reducing rework and waste and increasing the quality of products. The savings generated can be invested in the development of new products, staff training, structural reforms of the facilities, etc.

In the long term, it is common to check the increase in income of the organization, as customers become loyal and satisfied, which leads to the arrival of new business partners. This is one of the main benefits and advantages of implementing ISO 9001. The organization stops focusing its attention on the product and orientates it towards the client. Therefore, the first step is to know in depth what motivates them, what are their values, their expectations, their lifestyle, their behaviour, their opinions, and so on. With this information, we can understand our customer as a whole and seek their satisfaction, and how to create value for them.

General benefits

In addition to all of that, there are a number of benefits that the ISO 9001 QMS standard has on offer to an organisation.  First of all, ISO 9001 means and improvement in an organisations business performance with better cost management, which results in a rise in productivity a revenue –as a result of Integration and alignment of an organisations internal processes. A reduction in costs and shorter cycle times through an effective use of available resources will enhance customer satisfaction and loyalty, meaning an increased possibility of repeat business, and it will also provide a confidence to possible interested parties/customers as to the effectiveness, consistency and efficiency of the organisation. And all of this will lead to an improvement in an organisations planning, communications & administration processes; an increase in an organisations credibility & competitiveness within its market; and finally, an Increase in revenue & market share on the back of fast responses to market opportunities.

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