Is a Dropship Home Business Approved by the AARP?
If you are retired and want or need to supplement your income, you may be considering ecommerce and wondering if a dropship
home business is approved by the AARP.
There is no specific dropship home business approved or disapproved by the AARP. But, more and more retired people are making money from home with an online business, so you’re certainly on the right track!
A home business in ecommerce is an ideal endeavor for any retiree, and the dropshipping business model takes the best and makes it even better.
If you’re like a lot of retired persons, you like to be careful with your money, which is wise. Starting a traditional brick and mortar store as a way of generating extra income would mean a significant outlay in cash, plus be expensive to maintain.
An online dropship business, however, has none of those drawbacks and almost no expense.
For example, when you decide to have a home dropship business, it isn’t necessary to purchase your inventory up front as you would with a regular, off line business. You only pay for the products you sell as each one has been sold and your customer has paid you for it.
Then, you give the money for the products, as well as shipping instructions, to your wholesale product source and they take it from there.
You don’t have to worry about packaging and shipping as your product supplier sees to that for you!
You may like the sounds of a home dropship business, but unsure about what products to sell. This is a good point, and one you should put some thought and research into before getting started. In order to be successful, your home dropship business needs to have products that consumers want…at least enough consumers to ensure you a decent amount of sales and profits.
You should be sure to choose a wholesale product supplier who has a good selection of high quality, preferably brand name products---at true wholesale prices so that you have a hefty margin of profit.
Here are just a few niche suggestions for a home dropship business:
- Mens Clothing
- Womens Clothing
- Outdoor Sports Equipment
- Lawn and Garden Products
- Home Décor and Accessories
- Health Products
- Fitness Products
- Video Games
- And Much More
The fact is that many seniors are finding themselves lacking the funds they planned on having when they retired. The cost of living has skyrocketed during the past decade and everything from fuel to food has seen huge price increases.
Money simply doesn’t go as far as it once did and the situation doesn’t seem to be improving much, unfortunately. Nowadays, too, we are living longer and facing tremendous costs for health care in the process.
Here are some sobering stats about retirees:
- Over 30% of U.S. investors in their sixties have more than 80% of their 401k invested in equities. What if the stock market crashes again?
- The time honored pension plan is vanishing. In 1980, about 39% of private sector workers had a pension that guaranteed a dependable payout during retirement. Now, it is closer to 15%, according to the Employee Benefit Research Institute in Washington, D.C.
- 35% of people in the United States over 65 rely nearly entirely on their Social Security checks.
Source: Business Insider
- One recent study found that almost one in four Americans have postponed their retirement by at least a year due to finances.
If you are retired, or are soon to retire, and worried about making ends meet; check into a home dropship business and find out how fast, easy and inexpensive it is to get started making extra money!