Articles

What is Dropshipping?

Image
  If you’re seeking an online business opportunity, chances are that you’ve come across dropshipping. Dropshipping is an online business model that can generate high returns for the aspiring ecommerce entrepreneur. It’s possible to start dropshipping with a small amount of startup capital and some sweat equity. Once you begin to see success, you can scale by allocating more resources to advertising and brand building. But how does dropshipping work, and why should you go for this model to realize your entrepreneurial dream? Before we get any further, it’s important that you have an answer to the question ‘what is dropshipping?’ What is Dropshipping? Dropshipping  is a type of retail fulfillment method for online stores, where instead of warehousing inventory, merchants purchase products from third-party suppliers as customers make orders. The products are then shipped directly to the consumer. This way, the seller doesn’t have to handle the product directly. Sound familiar? For the ret

What is Freelancing & What Does it Mean to Freelance?

  You may be wondering, “so what is freelancing?” Freelancing means to work as an independent company rather than be employed by someone else. Freelancers are self-employed and often referred to as independent contractors. Freelancers are hired by other companies on a part time or short-term basis, but they do not receive the same compensation as full-time employees or have the same level of commitment to any particular company. With the rise of the gig-economy, people are talking about freelancing more than ever before. And that’s because there are more freelancers today than there have ever been in history –  a 2019 study  by Upwork and Freelancers Union shows that 57 million Americans freelanced in 2019.And according to the same study, 53% of workers aged 18-22 are freelancing. Other terms for freelancing Not everyone uses the term “freelance” or “freelancer” when it comes to work that a freelancer may do. In fact, even most freelancers refer to themselves as “self-employed.” So oth