Drop Servicing vs Dropshipping || Which is best?
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Looking to start a business but not sure whether to sell products or services? The decision between the two can make a big difference in how you approach marketing and costs. In this video, we explore the key differences between selling products and services, and the benefits and drawbacks of each.
We'll also dive into the concept of dropshipping versus drop servicing, and how they fit into the product versus service debate. With dropshipping, you can sell physical products without needing to handle them or keep them in inventory, while drop servicing involves selling online services that you outsource to others.
Join us as we share our experiences with both product and service-based businesses, and offer insights to help you make an informed decision. Whether you're just starting out or considering a pivot in your business model, this video is a must-watch. Don't miss out on the valuable knowledge and tips we have to share!
Are you wondering if selling Products or Services is best for you?
Selling a service is vastly different than selling products. At the heart of it, the main difference is that a product business sells physical, tangible objects, whereas a service business provides value through intangible skills, expertise and time.
The marketing techniques and costs vary when you are selling services versus selling products, as well. Understanding these differences can help you cultivate the right approach for your business. And will ultimately … help you decide whether to start a product or a service-based business.
In this video, I share more opinions on the topic after trying both approaches!
Some important concepts mentioned in the video are:
Dropshipping and Drop Servicing
Dropshipping is about selling physical products but drop servicing is about selling online services. Another difference is when dropshipping, the business owner does not need to handle the products and delivers them directly to the customer via the supplier. However, in drop servicing, the business owner gets services from the seller and delivers them to the client.
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