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As the demand for dropshipping has been growing consistently, so has the demand for websites that can facilitate this unique business model such as Wix. Founded in 2006 by Avishai and Nadav Abrahami and Giora Kaplan, a group of Israeli developers, Wix was introduced in the eCommerce industry as a cloud-based platform where users can create effortlessly HTML5 websites for free. Not only did it reach the 200 Million user milestone, but also, according to Statista, the Tel Aviv-headquartered company is also the number one leading website builder on the market as of 2018. With a plethora of hands-on solutions and a wide range of practical tools, Wix facilitates eCommerce enterprises with outstanding conditions to build terrific virtual stores. To give you a proper introduction to dropshipping with Wix, in the next sections, you’ll be provided with everything you need to know about setting up your Wix store, including the platform’s price plans and extensive selection of add-ons.

Before getting into inventory management we have to take a look at what inventory actually means and the different types it can have. We all know what inventory is, the sum of goods that you keep on stock, and inventory management is keeping this stock neatly in order. But of course, when it comes to inventory management, you have to pay attention to many more things than just keeping everything organized. Good inventory management can assist you with several aspects of your business, such as improving your cash flow, optimizing the amount spent on storage and warehousing, and sourcing new wholesale stock. All these factors then affect your ROI (Return On Investment), so inventory management is definitely something you would want to master in your business. If you are keeping track of your inventory in the right way, there are several benefits you can enjoy. For example, increased profit margins decrease excess stock and inventory costs, and also you will be able to oversee your inventory easier that will allow you to work more efficiently.

The world of eCommerce is an open market that welcomes everyone that has an idea, good enough to win the attention of the wider consumer public. In fact, the dropshipping model of e-commerce can provide an even more diverse business environment. This means that it can open the doors to categories of entrepreneurs that do not have the starting capital but are eager to display their know-how and earn their entrance into the market. One specific category we will cover in this article are college students. Dropshipping for students can, nowadays, become a very lucrative business model that will drive a change in students' minds and expand the horizons of young entrepreneurs. But what actually is dropshipping and how can students benefit from it?