Posts Tagged ‘drop ship’

Wholesale FAQ: All About Reselling Items

Thursday, April 2nd, 2009

How can I find customers for the items I’m reselling?

It is best to have a hierarchy of categories on your site for items you are selling. For example, if you are selling soap, you may have a sub-category named “soap.” However, in order for people to find that item, you may need to also list the same item in a more general category such as “cosmetics” or “skin care.” Think how you can help people find items in your online store.

Should I charge a certain percentage above my wholesale price for items I resell?

What you charge for your items depends on the price of the items when you purchase it. One of the biggest mistakes people make is to try to resell an item for a small amount over their cost of purchasing the item. There are many administrative costs involved in sales, and you’ll shoot yourself in the foot if you do not have a sizable increase.

With that said, for low-priced wholesale costs from only a few cents to $20, plan on at least doubling the price. For costs above $20, a 40% increase is common. And, for high ticket items above $100, anywhere from $20 to 40% is a commonly-used percentage increase.

If you cannot increase within those ranges for a sizable profit, you should either re-negotiate the price with the wholesaler or ask them if they will drop-ship for the price, thus avoiding your overhead costs.

Where can I find pictures and descriptions of wholesale items?

Your wholesale can usually provide you with images. However, they will not necessarily be included, and you may need to request them. Call the support phone number or use the support email. Most of all, get to know your sales/support person. You will often find that you are able to acquire images and other perks due to your relationship. If you belong to an online wholesale membership, they are usually included in an online catalog. When you request images, your wholesale supplier will usually send you a CD containing images for your use.

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A Wholesale Directory is Useful For These 5 Reasons

Monday, March 30th, 2009

Locating reputable, trustworthy wholesale suppliers can be one of the most difficult parts of selling online. You need to have a resource to help you locate suppliers that you can do business with. What you need to do is find a wholesale directory to show you which companies you should be doing business with.

5 reasons to use a directory of wholesalers can be found below:

1. Quickly locate quality wholesalers – There are a lot of wholesalers who you would be better off not doing business with. Using a directory will help you determine which wholesalers are safe to do deal with.

2. Low volume suppliers – You don’t always want to buy in bulk, so it is nice if you have a supplier that will sell small quantities to you. Use your wholesale directory to find the suppliers that will deal in small lot sizes.

3. Discounts for quantity purchases – If you are willing, and able, to purchase larger quantities of an item, you usually can get a fairy good discount. Use your supplier directory to find those wholesalers that offer this type of discount.

4. Liquidation merchandise – Buying brand name products from a liquidation specialist, and selling them to your customers, can be quite lucrative. Locating dependable suppliers of liquidated merchandise can be tricky, but not if you have a source list.

5. Products from trusted suppliers – Finding trusted wholesalers that can supply you with goods to sell your customers is the main reason to use a wholesale directory. If you don’t have a reliable, trustworthy source of products, you will never be a success selling online.

A good wholesale source list serves many purposes. You will use it to locate the wholesalers you need to supply you with products that you can sell to your customers. It can be really hard finding the right suppliers to help you be successful selling online, so it is important that you use a reputable wholesale source directory.

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Consider These 5 Things When Looking for a Free Dropshipper

Thursday, March 26th, 2009

Using a drop shipper is a great alternative to stocking inventory yourself. However, you need to make sure you are using a free dropshipper, or one that does not charge a dropshipping fee. This will help protect your profits and is just one more fee you should not be paying.

When deciding on the right no-fee dropshipper, consider the following:

1. No fees, really! – There are many ways to charge fees, including charging a monthly fee for the privilege of spending money with a supplier. Do some investigating and make sure you are really not being charged to have a supplier dropship to your customers.

2. Integrity – Any company you do business with should be reputable and have integrity in the way they conduct business. This is just as important with the dropshipper you choose, as you are trusting them to do what they say they will do.

3. Slow fulfillment – The fulfillment time for orders should be minimal so that your customers get their orders in a timely fashion. Your business is the one that will gain a bad reputation if it takes forever to ship orders to customers.

4. Returns – There should be an efficient system in place to handle returns, preferably directly by your dropshipper. If your supplier makes it difficult for customers to return products, you will end up with people who will never do business with you again.

5. Shipping paperwork – Any paperwork that is included with a customer’s order should not indicate that the order was dropshipped. Instead, it should either not contain any company information, or have your company logo and information on it.

Picking the right drop shipping wholesalers is a vital component to the success of your online retail business. Reducing the fees you pay to use drop shipping is important as it directly impacts your profit. Find a drop shipper that you can trust, who doesnt charge you to use their services, and you stand a better chance at being successful selling online.

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Sell Online? Try Using a Wholesale Drop Shipping Company

Monday, March 23rd, 2009

If you sell online, then you can either keep a stock of your product on hand to fulfill orders, or you can use the services of a drop shipping wholesaler. By utilizing dropshipping, you don’t have to maintain an inventory of the products you sell, which has some very powerful advantages over the alternative.

Below you can find 5 of the many reasons to consider using a dropshipping wholesaler with your e-commerce business:

1. No products to stock – A dropship wholesaler maintains stock of product so you don’t have to. Once you receive a paid customer order, you in turn place an order with the drop shipper, meaning you never have to spend your own money to purchase product.

2. No need to ship – The wholesale drop shipper handles shipping the product to your customer so you don’t have to concern yourself with this step. Shipping can be a real time suck, so by not having to deal with it, you can concentrate on selling more product.

3. Inexpensive startup costs – There is very little money required to start up a dropshipping online retail business, because you can do it from your home and you do not have to buy any product. Using a dropship wholesaler is a great way to see if selling online is right for you.

4. Risk reduction – You are greatly able to reduce the risk involved with starting a retail business by not having to purchase an inventory of products that you hope to sell. Drop shipping allows you to not have a bunch of money tied up in inventory, which means you don’t have to worry about your products selling in order to get your money back.

5. Offer many products – A great advantage to using a wholesale drop shipping supplier is that they have a large selection of products for you to offer, without having to stock any of them yourself. You can offer many different products for sale and see which works best for you, all with very little risk.

Selling online can be exciting and is within reach of most people, due to the low startup costs when you use a drop shipping wholesaler. Use a wholesale directory to find reputable wholesalers to deal with and you may just be on your way to starting an online empire. Drop shipping has made it possible for many people to make a very good living by selling online, so there is no reason why you shouldn’t give it a try.

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5 Considerations When Looking For a Drop Shipping Company

Sunday, March 15th, 2009

If you sell online, you should consider using a dropshipper. This allows you to not inventory the products you sell, which frees your money up for other things. However, not all dropshipping companies are created equal, so you need to some investigation before you do business with them.

Below are 5 things to look for when deciding upon a drop shipper:

1. No drop shipping fees – If you work with a supplier that does not charge a drop shipping fee, the better off you are. The lower you can keep your costs means that you have more profit in the end.

2. Trusted source – If you are going to trust a company to ship products to your customer, you had better be able to trust them. It is best to use a drop shipper that comes recommended so you reduce the chance of issues coming up.

3. Speedy order completion – The quicker your dropshipper can send out your order, the quicker it gets to your customer. A happy customer means a successful business, so pick your suppliers carefully.

4. Easy to check inventory – You should work with a dropshipper that has an easy system to verify what they have in stock. It makes no sense to sell a product that is out of stock at the drop ship warehouse, as it may take a very long time for the product to ship to your customer.

5. Good customer service – If you have questions about any orders or inventory items, you need to be able to easily contact a representative of the dropshipper. Easy and quick lines of communication are vital to the success of your business.

Being a success online depends on the companies you do business with. You need to carefully select a dropshipper to make sure they have the best interests of your company in mind. Your reputation as an online retailer depends on finding the best suppliers that you can, so do your research.

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Give eBay Drop Shipping a Try – 5 Reasons Why You Should

Saturday, March 14th, 2009

Drop shipping is probably the easiest way to get started selling on eBay. If you have ever wanted to start your own eBay business, then you need to consider starting by using an eBay drop ship supplier. Doing so brings many advantageous to the whole eBay selling process.

Following are five of the many reasons why you ought to think about using an eBay drop shipper:

1. Low startup cost – With using a dropship wholesaler to supply your product, you are not actually inventorying any items. No inventory equals no tied-up money which means your startup costs are very low.

2. Offer a large number of products – By using drop shipping with eBay, you have the opportunity to try selling a large number of products to see what works best for you. You do not pay for the product until it is sold, so there is very little risk involved with experimenting to see which products sell best.

3. Product payment – When dropshipping on eBay, you do not pay your supplier for the product until you have received payment from your customer. This way you never have any money out of pocket. The customer places the order and pays you through eBay, then you immediately turn around and place the order with your dropshipper.

4. No actual shipping – Your eBay dropship supplier will handle all the tedious details involved with shipping products. Packing and shipping can be an incredibly time consuming process, so by using dropshipping, you are freeing yourself from this burden.

5. Low risk – Dropshipping offers some of the lowest risks to selling on eBay since you are not inventorying product. Your only expense is the eBay listing fee and you only purchase the product when you have been paid for it.

By making use of drop shipping companies, you are lowering the financial threshold to sell on eBay to about as low as it can go. By wisely picking the right eBay dropshippers for you to use, and by choosing the right products to sell on eBay, you are well on your way to having a successful eBay business. Try dropshipping on eBay to see if being the next online retail mogul is in your future.

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