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Drop Servicing for Beginners- a Comprehensive Guide

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Drop Servicing for Beginners- a Comprehensive Guide 
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amoeba

Joined: Wed Oct 20, 2021 8:12 pm
Posts: 1
Post Drop Servicing for Beginners- a Comprehensive Guide
Much like any other up-and-coming route to making cash online, drop servicing business can be a lucrative venture for some and some extra money at the end of the month for others. Before exploring how you can benefit from this speedily advancing industry, there are some distinctions to be drawn between dropshipping and drop servicing- while similar, the two aren’t the same.

The What, When, How, Where

Clearing the Confusion

Dropshipping is an online business model whereby you create a website marketing other companies’ products at a markup price- like an all-in-one department store. Similarly, drop-servicing was created as a market after the advent of drop-servicing and here, you tap into a business opportunity by offering services at a markup. Are you still confused? Let’s say John is selling billboard design services on Fiverr; a client of yours requires the service; you charge the client $100 while you pay John $50 and pocket the profit! In drop servicing, if done smartly, you get paid to be the middleman- hence the hype it is getting with entrepreneurs.

The Requirements and the Risks

One of the significant perks of drop-servicing as a venture is that you need 0 capital and 0 investment to begin! A good internet connection, some sleuth-like qualities, and adequate communication skills mean you’re all set to go a long way in the industry. One thing to be wary of- people selling drop-selling guides and courses don’t always tell the truth. This is not an industry that will make you more than five figures a month- don’t get sucked into hosting websites or pay money to affiliates to use their platforms!

Fine-tuning your approach to include services with high demand and yet not many servicemen/freelancers offering it can get you the best profit. Busy entrepreneurs don’t have the time to go digging around websites to select the best-suited service at the lowest market price- here’s where you come in! Select the service carefully, communicate with the serviceman, offer it at a markup, and advertise diligently. Approaching the right people at the right time is the crucial rule of this game.

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Thu Oct 21, 2021 4:37 pm
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