Why start dropshipping and how to find good suppliers?
Dropshipping is one of the ecommerce you can venture into if you want to make money online. In drop shipping, as a seller or retailer you must not necessarily have goods in stock. When you receive an order from a customer, you send the order and shipment instructions to a wholesaler, manufacturer, or another retailer who has such goods and who ships the goods directly to the customer.
The supply chain management method has some other benefits to it
– By dealing directly with the wholesaler or manufacturer, the retailer has the opportunity to earn additional profit by striking a deal on a percentage of sales in commission.
– You don’t need huge money to start or buy physical inventory in ship dropping, you only make your profit while focusing on developing your marketing and business skills.
– There’s a positive cash flow since the seller is paid once the purchase is made.
– Drop shipping hides actual shipper from the customer, hence eliminating the middleman’s role who may physically.
– Also, the drop shipping approach reduces management of total inventory and shipping costs hence the customer pays less.
Finding good suppliers
Finding a good supplier can be very challenging, a lot factors are to be considered. The points below will guide you to finding a reliable supplier.
– A supplier has to be trusted and accountable because you don’t have control over products that are drop shipped.
– Test quality of product, shipping time and packaging by first ordering a sample to yourself.
– Ensure that your supplier accepts returns. This is inevitable as customers could have a complaint about the shipped goods.
– Ensure your supplier is available 24/7 as online merchandise occurs anytime.
– Use the internet, blogs and online forums to find tested, reliable and affordable suppliers.
No inspiration? Start a Store through Shopify
One of the best suppliers is probably Oberlo. Oberlo is a dropshipping platform you can use when you have a shopify account. It is very easy to use, you just download the app, upload products of your choice and start selling!