Drop-servicing Masterclass

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DROP-SERVICING

2 Min 10 Sec Read

You’ve probably heard of dropshipping, right?

The business model that’s been around for seemingly decades is one where you buy cheap products in bulk and then resell those products through your own medium for more than you brought them for, therefore turning a profit.

Pretty straightforward, but it's no secret that there are an overwhelming amount of limitations with dropshipping as a whole, such as the wait times, the saturation and competitiveness of the market, and of course the fact that you’re dealing with physical products.

You need to get a product from A (your supplier) to B (your customer) seamlessly without a bump in the road.

Well, what if you could do the same thing but without any kind of physical product and instead do it with services?

You find someone who needs a service done for x price; you also find someone who can complete that service for a cheaper price than your customers, and you pocket the difference.

That is the basic premise of drop-servicing, the act of being a middleman between a freelancer and a buyer and making the middleman profit.

So, where do you fit in?

Let's take a look at the market.

Taking the service ‘video editing’ as an example, when you head over to a website like Fiverr, you will quickly see that there are an overwhelming number of people running video editing services.

And when you head over to a platform such as Upwork, you will find that there are jobs being posted every single minute for people needing video editing services.

So, the question becomes, why aren’t these freelancers getting these video editing gigs, and where does that leave you?

The majority of freelancers are much more passive; they lay on their backs and wait for work to come to them, which is where you, as a drop servicer, can come in and instead bring the work to them.

You do the middleman work to put A together with B and take the cut in between.

This isn’t just the case with video editing, however. You can pick any industry you like and still make a dent.

GET STARTED

So, how can you get started?

Step 1: Pick your industry.

As previously mentioned, you can pick anything from graphic design to social media management, and as long as you can find both a buyer and seller, you’re in business.

Step 2: Find your freelancer.

The key here is to find a high-quality freelancer who is not putting enough effort into finding their clients. Platforms like Upwork are great for this, as freelancers apply to your job so you can whittle out the perfect one.

Step 3: Go out and find some clients.

How you do this is up to you. You can list yourself on platforms like Upwork and Fiverr with a sharp profile or go out of your way to apply for jobs yourself, therefore speeding up the process.

The skills that are required for drop service are really just communication.

Your main role is going to be communicating with your freelancer and the buyer to make sure that everything runs smoothly. As long as you can do that, you shouldn’t have any trouble.

LET US HELP YOU OUT ⤵️

If you have a problem you’ve recently faced or a question you think needs a clear answer, send us an email at [email protected] and in next week's edition, we will feature it anonymously, giving you the best advice we can!

See you next week!