Hi there! It sounds like you’re interested in learning about drop servicing and drop shipping. I’d be happy to explain them to you.
Let’s start with drop servicing. Drop servicing is a business model where I act as a middleman between clients and freelancers. Essentially, I sell services to clients, and then outsource the work to freelancers who actually complete the work. I keep a portion of the payment as profit.
For example, let’s say a client wants a new website built. They come to me, and I offer web development services. I then outsource the work to a freelance web developer, who completes the website. I pay the freelancer a portion of what I charged the client, and I keep the rest as profit.
Now, let’s talk about drop shipping. Drop shipping is a business model where I sell products to customers, but I don’t actually hold any inventory. Instead, I work with a supplier who ships the products directly to the customer on my behalf.
For example, let’s say I want to sell phone cases. I find a supplier who has phone cases available for purchase, and I set up an online store. When a customer buys a phone case from my store, I place an order with the supplier and provide the customer’s shipping information. The supplier then ships the phone case directly to the customer, and I keep the difference between the price the customer paid and the cost of the phone case from the supplier.
Both drop servicing and drop shipping can be lucrative business models, but they require careful management and attention to detail. It’s important to find reliable freelancers and suppliers, and to set fair prices for both clients and customers.