Selling goods without owning them in stock is called dropshipping. When someone makes a purchase of any good from your online shop, you buy it from a seller and have it sent straight to the customer. You simply earn a profit by marking up the price.

Dropshipping is profitable, but success depends on various factors like product selection, marketing strategies, and operational efficiency. However, to make a good amount of money, you must do your specialised research, find trustworthy suppliers, and provide outstanding customer service.

Some challenges in dropshipping include finding reliable suppliers, dealing with thin profit margins, and managing customer service effectively. Market saturation and legal considerations are also important factors to navigate.

You can make somewhere around 15%-25%. However, the earning from dropshipping varies widely based on factors like product selection and market demand. While some achieve huge profits, others may showcase modest earnings. It ultimately depends on your approach, effort, and marketing.

To maximise earnings in dropshipping, focus on niche products with high demand and low competition, optimise your marketing strategies to attract customers, provide exceptional customer service, and continually adapt to market trends. Regularly analyse your performance and make adjustments as needed.