Dropshipping means you sell a product you don’t hold. When a customer orders, the supplier packs it with your label and a rider delivers it. You never buy stock up front.
It is a good way to start, but you should know exactly what you keep. Here are real numbers on one product: a ₦28,000 tote bag.
1. Where the ₦28,000 goes
Say the supplier’s price to you is ₦17,500. You choose your own selling price, here ₦28,000. The buyer pays for delivery separately.
The supplier is paid their price after delivery. Your share is held for 48 hours after delivery in case of a return, then joins your balance for Friday’s payout.
2. What you risk
You don’t risk money on stock. You risk your name. If the supplier is slow or the item is not what the photo showed, the customer blames you.
3. Pick products that travel well
Bags, shoes, accessories and small gadgets are easier than fragile or perishable goods. They don’t break, they don’t go off, and sizes are easy to explain.
4. When to switch to wholesale
When one product sells every week, buy a few pieces at the wholesale price and keep them. You keep more per sale and you deliver faster. Keep dropshipping for the rest.
