Dropshipping is a business model where you sell products through your online store,
and your suppliers ship product, meaning you don’t have to store or handle product.
Here’s how it works.
Hi, This is Roy.
Welcome to my next 1-minute message, designed
for short-attention-span people (like me).
(For those not familiar with this, here are short sound-bites
in business and internet marketing, in 1-minute format.)
Today’s message: How To Start A Dropshipping Business
Some takeaways
- 34% of Amazon sales were fulfilled through dropshipping in 2011, and that figure has grown since
- Dropshipping will be a $550 billion+ market by 2025
- 27% of web retailers have transitioned to dropshipping as their primary method of order fulfillment
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Roy Nakamura is the founder and CEO of Horizon Web Marketing. Before becoming an Entrepreneur, Roy spent 25 years in Silicon Valley corporate finance, holding the position of CFO with multi-national corporations. He is a graduate of the University of Chicago Booth School of Business with an MBA in finance and also has passed the CPA exam. Additionally, Roy holds a BS in engineering and a Masters degree in journalism, and has board-level experience with United Way and Financial Executives International. In 2008 Roy was named “Business Person of the Year” by the Las Vegas Asian Chamber of Commerce.
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