subject: How to Start Selling Online with a Wholesale Dropshipper [print this page] How to Start Selling Online with a Wholesale Dropshipper
Having an online shop is just the first step of selling online. The process is long and tedious, but truly worth the effort once you start receiving profits. So, assuming you're already done with the technical side of the equation and there's no need to walk you through how to set up an online shop, let's discuss what needs to be done next.
You need to have items to sell on your online store. Where you source your inventory could actually affect how fast you can start having an return on any investment that you made in your online shop. You can source the inventory from a traditional supplier who will ship it to you for you to store and ship out to customers as necessary. Then, there are your self-made products which won't require an external supplier but may be costly in terms of cost of production. Finally, we have a third option. Dropship suppliers work with retailers to list items for sale in their online shop without actually having the item in their hand.
The third method is one of the easiest ways to manage your supply chain. Aside from the convenience of choosing your inventory entirely online, there are several more considerations for you to go with dropship suppliers.
Wholesale droshipshippers get their items by the bulk, which allows them to sell it for less to retailers. As a retailer, you can sell it at the current market value or for more. The profit margin and the markup for you to earn is completely under your own control.
Once an order has been made on your online shop for a dropshipping company-sourced item, all you have to do as the merchant is to collect the payment and communicate the progress with your buyer.
Then, you have to place the order with the wholesale dropshippers. They, in turn, will ship the product directly to your buyer. There you have it, a sale was made without any product physically crossing borders or even across your desk.
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