When starting an online business, one of the main elements is to have a product to sell. Actually, without the product ... you have absolutely no business. That's pretty obvious, right?
So how do you get the product ... where do you find it ... how do you know if they will sell ... how do you get it for the customer?
In the vast world of internet entrepreneurship, there are many answers to all these questions. You can create your own product - but it can be a long and time-consuming process.
Or you can buy in bulk from the manufacturer and then send the product to your customers when they buy. But it is an expensive solution, and you should risk investing that money to buy stocks and not having sales.
There is a solution that lets you avoid all the hassles. And it makes the entire startup process for your online business much easier. This is called drop shipping. And the online business world has experienced a storm.
Starting a Drop Shipping Business
Estimates vary. But industry observers have found that between 20 percent to 30 percent of online retailers use drop shipping. So this is a proven business model, and you will be in a good company if you follow this route. Even large retailers like Amazon use drop shipping.
With drop shipping, you can sell almost any product in any niche, and you do not need to:
� Keep your product (can be very expensive to rent a warehouse space ... and who wants to fill the bedroom or garage with a box)
� Package or ship any product (can you imagine the hassle of taking orders and making boxing several times a day ... and heading to the post office?)
� Most importantly ... You do not need to put down your advances to buy wholesale products for resale ... that you are not sure will sell.
You see, when you run a business through drop shipping, you avoid all that.
How To Drop Shipping Works
With drop shipping, you work with wholesalers or distributors who offer this service. Not all manufacturers and wholesalers offer drop shipping, but many do.
You handle all the marketing for your business ... You create your website with a shopping cart (or set up a virtual storefront on Amazon) ... write your blog ... social media and email marketing ... you reach out to prospects and customers. You tell everything about the product and how it will make their lives better.
But when it comes time to actually ship the product ... the drop shippers take over. They have supplies in their warehouse. You ship the incoming order, pay the wholesale price for each order. This can be done via email, sent online, or through a spreadsheet file - it depends on drop shipper. They place orders together and deliver them to your customers. Done
Of course, they charge for this service. How big depends on the product. But usually, this is about $ 2 to $ 5 - handling fee. It is above the wholesale price for the product itself and the postage. It can look like a lot.
But you can still remain profitable as a drop shipping business, even though the margins are thinner.
If you want to increase your profits, you raise your prices - at least as much as your market will bear. You can also sell more volume. And you can always contact your drop shippers to negotiate a lower handling fee.
Remember, too, that you are not risking your money upfront. You only pay this fee if you actually sell the product.
What products can be removed?
Just like any other online business, you want to be in a "hot" market and where there are a large number of people who are ready to buy the products you sell. In the best scenario, the niche you offer also matches one of your personal interests.
If you have a passion for a particular market or kind of product, that enthusiasm will make your marketing efforts ... and with the expansion of your business ... will become stronger.
Fortunately, there are drop shipping companies that work with almost every market, niche, and product type. Baby items, yoga clothing, electronics, clothing, art, books, beauty supplies, supplements, home goods and garden ... wide open.
A great place to check out hot niches is a large online e-commerce platform like Amazon. Any item on the bestseller list can be very appropriate for the drop shipping business. But also note the trends you see on Facebook and other social networks. Also, how are you? What your friends and family are talking about.
Selecting a Drop Shipper
Before you start working with drop shippers, you must go through your own ordering process from the customer's point of view. You want to see how easy it is to order the product, how long it will take to ship the ship, how the drop shipper handles the problem.
Obviously, this will also give you an opportunity to also see the quality of its products. You want to make sure this is something you would be proud to offer your customers.
If you get into this niche and have used other similar products, you can test the product yourself. Use. Learning it Does it do what it promises? Is it made of quality materials or materials? Check other people's reviews online to see if your experience is appropriate.
If you do not go into a niche, have a friend or family member try the product. And also be sure to thoroughly check online reviews, forums in that niche to see comments from users, Facebook too. Do your research, in other words.
Knowing the product will also help you sell it. Your marketing will be much more authentic and effective. Here are some drop ship dropper and drop shipper directories that operate today:
� Wholesale Sunshine
� Dropship Direct
� Brands around the world
� Oberlo
Questions Key You Should Ask on Release of Drop Potential Release
Yes, partnering with drop shippers is great for starting an online business without investing a lot of your own money. And you make it easier to run your business too. By not having to spend some cash to buy wholesale products you are not risking your money. You do not need to save it. And you do not have to worry about keeping up with the delivery of your product in a timely manner.
But that does not mean you should hand over your business's essential elements to anyone. Working with bad drop shippers - and they're out there - can drown out your business before ever getting off the ground.
You do not have to go through the process of finding and negotiating with potential drop shipping potential buyers. Here are some key questions that should be asked to help you determine if it suits your business.
� Once the customer orders, how long does it take to process and be sent out of their facility?
� What are product shipping methods available?
This is very important if they are abroad and sent internationally. Do they use services like UPS and FedEx? Can the customer last night order? Do they rely solely on the US Postal Service?
� This is a big problem: do they have a tracking system so you and/or your customers can see the status of each order easily?
� How do they handle issues like lost shipping?
You do not want customers to be frustrated with issues you can not control. And remember that as a seller, you are responsible for customer service.
� Do the products they offer have a warranty/guarantee?
What happens if customers are not satisfied with the product - what is the return policy? And does the drop shipper guarantee the product ... what happens if the product fails in some way? You want to make sure it suits your philosophy. If customers feel that they have been used ... You can not point to drop shippers and blame them. After all, it's you who sells the product to the customer.
It is also a good idea to check forums, blogs, and social media for comments about drop shipping companies from other online entrepreneurs. Drop shippers with a bad reputation or bad business practices will soon be exposed, often in detail, so you can avoid them.
Drop Shipping Really One of the Easiest Ways to Conduct Online Business
Online drop shipping business is a fast, easy, and low-risk way to start selling online. You do not have to put up a lot of money up front for inventory that might not sell. And your drop shipping partner will handle the shipment.
Choose the right niche market and products, and you can have a profitable business in your hands. You can even grow into other niches and sell other products as well.
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