Small Business Q & A: Cut Start-Up Costs By Using a Dropshipper

Written by Tim Knox


Continued from page 1

Your goal should be to find a dropshipper that will ship items one at a time instead of requiring that you purchase a fixed minimum number of items each time (single-unit purchases vs. minimum-order purchases). With this arrangement, you don't have to invest your limited cash reserves in inventory that might not sell (and that sits in your garage for months).

Thanks torepparttar stiff competitionrepparttar 104822 Web has created, many dropshippers will now do business with you without requiring that you pay a setup fee or have a tax ID number. You simply set up a reseller account (you'rerepparttar 104823 reseller) and start marketingrepparttar 104824 products on your site. Account registration can often be done online atrepparttar 104825 dropshipper's Web site. With this process, you can literally be selling products within minutes of setting up your reseller account.

Be warned, however, that some dropshippers are not as reliable as others. Also, be aware that some companies who claim to be dropshippers are really middlemen who have positioned themselves betweenrepparttar 104826 online merchant (that's you) andrepparttar 104827 real wholesale merchandise distributor. These middlemen will eat into your profits and usually don't offer much inrepparttar 104828 way of customer support and service. They can actually hurt your business more than help it, so make it a point to do business only with--and directly with--established, reputable dropship companies.

Spendrepparttar 104829 time to researchrepparttar 104830 dropshippers doing business in your particular product category, and try to get feedback from their current customers. Remember that your customer doesn't know (or care) thatrepparttar 104831 product they are purchasing from you really comes from a dropshipper. If there is a problem, your customer will come back to you for resolution, notrepparttar 104832 dropshipper, so make sure thatrepparttar 104833 dropshipper you use has a policy for resolving problems quickly.

Setting up an online store that offers merchandise from dropshippers doesn't have to be expensive or time-consuming. However, this brings uprepparttar 104834 age-old question: If I build it, will they come? The age-old answer is: Only if you let them know you are there, but that's another column.

Here's to your success!

Tim Knox tim@dropshipwholesale.net For information on starting your own online or eBay business, visit http://www.dropshipwholesale.net

Tim Knox as the president and CEO of two successful technology companies: B2Secure Inc., a Web-based hiring management software company; and Digital Graphiti Inc., a software development company. Tim is also the founder of dropshipwholesale.net, an ebusiness dedicated to the success of online entrepreneurs. http://www.dropshipwholesale.net http://www.smallbusinessqa.com


Small Business Q & A: Business Lessons Learned At The Mall

Written by Tim Knox


Continued from page 1

Target Your Product To A Growing Customer Base Teens represent one ofrepparttar fastest-growing segments ofrepparttar 104821 consumer population, registering a growth of 16.6% between 1990 and 2000. Teens also wield significant buying power - both in their own right and inrepparttar 104822 context of their family purchasing decisions. Recent studies have shown that teenagers age 15 to 19 spend as much as $100 per week, much of it on clothing and accessories. That's why this expanding segment ofrepparttar 104823 buying public is increasingly being targeted by smart marketers like Old Navy, The Gap, The Buckle, Pac Sun, and many others. Asrepparttar 104824 old business saw goes, "Sniff for money, then follow your nose."

Provide Great Customer Service I've preached this sermon before. Know what your customer expects and always over-deliver. Cater to their whims. Ask their name and use it with respect. Make them feel like your friend, not your meal ticket. Make their experience a good one and they will return.

Good Employees Make All The Difference Hire enthusiastic people and train them well. The manager of this store, who looked sixteen but privately professed to be twenty-six, was one ofrepparttar 104825 best salesmen I have ever seen. He dressed like his customers. He spoke their language. He knew their likes and dislikes. He was well-versed on fashion trends. He pointed out things that might be of interest to them and immediately agreed with whatever their opinion was.

"You'd look great in this shirt," he told a giggling gaggle of girls. It didn't seem to matter that he wasn't speaking to any one of them in particular. They all giggled some more and trotted off torepparttar 104826 fitting rooms to try on shirts. You could almost hearrepparttar 104827 cash register ring.

Upsell, Upsell, Upsell Millions of dollars have been made by asking one simple question: Do you want fries with that?" When it came time to checkoutrepparttar 104828 young manager went into upsell mode by saying things like, "That's a great shirt you're buying… we have a really cool pair of shorts to match that! These earrings are on sale. They would look awesome with that necklace you're wearing!"

My daughter giggled and blushed with each compliment - slash - sales pitch and if I had not beenrepparttar 104829 one holdingrepparttar 104830 credit card, she would have bought everything he was selling.

Duringrepparttar 104831 ride home Chelsea maderepparttar 104832 defining comment ofrepparttar 104833 day.

"What a great store! I bet they sell a lot more stuff because of that cute sales guy!"

Business wisdom fromrepparttar 104834 mouths of babes. I should've had sons.

Here's to your success!

Tim Knox tim@dropshipwholesale.net For information on starting your own online or eBay business, visit http://www.dropshipwholesale.net

Tim Knox as the president and CEO of two successful technology companies: B2Secure Inc., a Web-based hiring management software company; and Digital Graphiti Inc., a software development company. Tim is also the founder of dropshipwholesale.net, an ebusiness dedicated to the success of online entrepreneurs. http://www.dropshipwholesale.net http://www.smallbusinessqa.com


    <Back to Page 1
 
ImproveHomeLife.com © 2005
Terms of Use