Drop shipping
https://youtu.be/NDxiaIABB1U?si=e-q4zpor_PvbzvVM
Drop shipping is a retail business where the seller accepts customer orders without keeping stock. Dropify, a drop shipping company, streamlines the process for aspiring entrepreneurs by handling store creation, initial markups, and product listings, allowing for a seamless transition into the online marketplace within just three days. With integration across platforms like Shopee, Lazada, and TikTok, Dropify empowers individuals with zero prior knowledge in e-commerce, providing opportunities for growth and learning. Through weekly payments via banks or e-wallets, Dropify ensures financial stability for its drop shippers, who manage online stores without physically handling products, leveraging curated "Active Boxes" to generate content and facilitate product exploration. Additionally, they offer “Active Studios” to provide studio for live selling opportunities, enabling dropshippers to engage with customers directly.
Starting capital for dropshippers: Begins at ₱3,999 monthly.
Estimated revenue: With ₱500k worth of product and a 15% markup, ₱75,000 or more.