ECommerce: Discover the Advantages and Pitfalls of Drop Shipping

Discover the Advantages and Pitfalls of Drop Shipping

Written by Melanie Burns

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•You will get a price break from a drop shipper, but it is often not as low as you could get from other avenues. Be careful to make sure that you have a product that is quality and repparttar

price point for you is one that will ensure a profit for you if sold. This is especially important if you will be selling via auctions. Auctions tend to sell new products for 25-30%below retail. If your price is not good enough, you could loose money on an auction. •Make sure that repparttar 149966

drop shipper gives you a good shipping and handling fee. They have lots of shipping and get a very good price on it themselves. If shipping and handling is high, something is wrong. •Don’t pay a ‘fee’ to do business with anyone. You are giving them business by buying product from them. If they want more money for you having repparttar 149967

privilege of doing business with them, you know this is not a company that you want to even consider. •Find out how repparttar 149968

drop shipper handles problems. If you have a customer return, how will they handle it. What kind of support will they give you. •Get references for repparttar 149969

drop shipper. How long have they been in business and what is their financial standing? Check repparttar 149970

Better Business Bureau. Google their company name to see if there are any complaints or problems you might need to know about before making repparttar 149971

decision to do business with them. If you are ready to make repparttar 149972

drop shipping model your own, jump right in. Take these points into consideration, but don’t let anything stop you. Be as informed as you can though, continue to learn and find out all you can about those you do business with. The road to success is not always a smooth one, but if you can avoid repparttar 149973

pot holes, it makes repparttar 149974

ride much more enjoyable.

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What Everybody Should Know... About How to Find Wholesale Suppliers

Written by Melanie Burns

Continued from page 1

Be sure to project it out for him. If he can see repparttar benefit of working with you even though it causes extra work for him, you can be successful in making a deal.

You could offer him 20% of repparttar 149957 profit from sales of his products. For example you could show him that you project to make at least $100 profit from each product, and you expect to sell 40 of them per month. The $4000 a month means an extra $800 per month in his pocket. You still make a nice $3200 profit for repparttar 149958 month in this example.

On top of that, he will be ordering more products from his supplier and may be eligible for a higher price break from them. This way, his reward for repparttar 149959 effort to work with you, is making money on both sides.

There are many benefits you can offer your potential supplier, but no matter how you look at it, repparttar 149960 main thing it comes down to is MONEY. What’s in it for your potential supplier to do business with you? If can you show him that, you have a better chance of making a deal with him and starting your online sales.

NOTE: When looking for suppliers around your city, don’t go trying to impress repparttar 149961 big stores with your $800 or even $3,000 extra income per month proposal. Try going to repparttar 149962 little stores that are looking to expand their business, they are repparttar 149963 ones that are usually more open to new opportunities.

The big stores are making hundreds of thousands of dollars per month in profits, so an extra couple of thousand would probably not impress them repparttar 149964 least bit.

So now you see that by thinking outside repparttar 149965 box, you open repparttar 149966 door to many possibilities and increase your ability to make money online with your products.

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