Save Time and Money by
Drop-Shipping, Prepared Lists Really Help
By Vinodh Pushparaj
This is the age of the Internet
entrepreneurs. You see millions and millions flock to the Internet each
day. They easily understand the business potential and the low bar in
starting a business website. They jump directly without much thought or
research, contact one or two product sellers and open shop as resellers
of the items. A very few succeed owing their success to previous
experience or contacts they have. Many of them just fall into the
bottomless pit of waiting for the orders spending money on pointless
traffic sources. Nearly half of them finally figure out a way to grab
the attention of the customer and finally manage to entice them to buy
their products. There in the problem starts. They now have to figure out
the best way to ship the item. Unprepared, they initially end up paying
for the shipping and handling out of pocket for the first 10 orders.
Tell me I am wrong, the author is a fine good example of this. If only
we could present articles like this to them b!
efore they blindly start their journey to the bottomless pit?
The good concept that allows the home based entrepreneurs to try out
various business methods without holding any inventory is called Drop
Shipping. There are tons companies who offer drop shipping of their
products. It is a win-win for them. In the reseller market the product
manufacturer doesn't know who the customer is. In drop shipping they get
first hand information of who the customers are and also find good sales
folks for free. The web business owner who signs up for the drop
shipping also wins. If they are new to the business they don't have to
worry about shipping and handling. They need not worry about maintaining
inventory. The established business owners know how difficult it is to
manage inventory. The countless software and business intelligence
products in the Inventory management tell the story about the
nightmarish Inventory management. The best thing for the new business
owners to do is signup for the dropshipping and let the pros take care
of the delivery!
. Once they understand how things are done they can increase their
revenue by starting to manage inventory in addition to signing up for
drop shipping. Slowly you can finally manage to become a complete
distributor or may be become a value added reseller.
Given the number of companies who competitively price their product for
reselling and the various drop shipping methods they offer, it get real
confusing to the new comer. The best thing they can do is purchase the
hot drop shippers or manufacturer directories and ping each or broadcast
for quotes. It is easier this way as it will fit the quick launching
spirit they are in. Typically you get responses from 10-20% of the
requests you send. This is more useful than the direct contacts you
make. Here is why you will get better deals when you go through these
directory purchases you make: 1. The product manufacturers know you are
serious and not just collecting emails. 2. The product manufacturers
advertise through these directories and offer the directory for premium
placement and since this brings a constant stream of sales websites they
offer a better deal than what they would through other sources. 3.
Typically the pre-screening is done by the directories themselves hence
th!
ey spend less time spending time to separate the wheat from the chaff.
4. Sometimes the initial consulting is offered by the directories hence
they spend less time in finding best match services.
The above are typically translated into higher commissions for the
seller. There is just one caveat beware of the multiple layer sale. 50%
of the folks who claim to drop ship are basically middlemen who add one
more layer of cost. Ask your directory supplier to do this chaff removal
for you.
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