With the proliferation of World Wide Web, the spectrum
and method of doing wholesale business has changed drastically over the past
few decades. You can now start doing business without having to pre-purchase or
stock any goods. All that needs to be done is to merely list products along
with descriptions and graphics on the website of a B2B trade portal
Basics of
Wholesale Drop shipping Business
The essence of
Dropshipping business is that you have to do some research and find products
that would have a ready market and then find reliable dropshipping suppliers
who would supply the goods against your orders promptly and without any
complaints from your clients. You can only succeed if you can find saleable
products and the relevant suppliers who will not let you down. Having done this
exercise and having selected the right online trade portal, the products should
be listed on that website in a proper manner.
You can then pass
on the orders that are received, to the wholesale suppliers and ensure that the
shipment is made on time. The website listing your products will receive the
payment from the customer and will pass on the same to you after adjusting its
charges. The payment to the wholesale supplier can be made thereafter.
Fighting Competition
It is obvious that
since this business appears to be so simple, many people will be in the fray to
capture the market. Competition will be fierce and you will have to find
innovative means to fight the same for survival. The following tips will help
in being successful in combating your competitors.
• The more
attractive and informative your description of the product, the greater will be
the possibility of impulsive purchases. It is essential that the information
provided by you is persuasively descriptive.
• The description
should be accompanied with attractive graphics and good quality photos of the
products in actual use. It would also be a good idea to provide comparisons
with other similar products. This will enable the visitor to the site to
compare different products and make up his mind while he is still hooked on to
your site. This will also prevent him from browsing and visiting other sites
and ultimately it will improve your chances of getting the business.
• Offering a bonus
with the product will prove to be very effective. The bonus could be in the
form of reports containing interesting information and tips regarding use of
the product.
• Once your client
enters his credit card information and before the deal is closed, other products
can also be recommended. If the wholesale order is for an electronic item, you
can recommend related accessories.
Finding Good
Wholesale Drop shipping Suppliers
If a reseller
wants to have a smooth and profitable business operation, the most important
thing is to find a good dropshipper. He will have no problems or hassles
regarding delivery of goods, recovery of payments, and maintaining good quality
of the products in line with what has been shown to the customer when the order
was finalized. A drop-shipping list can provide names, addresses and telephone
numbers of hundreds of companies but most of the time, these lists are
outdated. As such, it is better to register with a website that has lists of
itemized suppliers and make a choice. You can also become a member of wholesalers forums which will make it possible to get useful information by
way of other people's experiences and recommendations regarding reliable
suppliers.
Wholesale drop ship
directories can also be consulted.
Wholesale dropship
business can be profitable if proper research and homework is done in the
beginning to find the right product and the right
