How to Determine a Reliable Wholesale Distributor?

The number of people who are making a living out of reseller business is increasing significantly these days. There is a sharp increase in the number of people who are now working on an online auction forums such as eBay. It is thus important that in such a business, you have a wholesaler who is reliable and is professional. It is important that the consumers get their goods on time and it is also important that your wholesalers deliver the best quality merchandise.

Most of the resellers rely on the internet to find them the wholesalers. Online drop ship wholesalers understand the working method on the internet and thus are a better choice. Here we have for you 5 tips by which you can find your ideal wholesaler online.

1. Short listing.

Do a simple search of your product with the words drop shipping, drop ship wholesale, wholesale distributors etc, the idea is to use the term wholesaler or dropshipper as prefix or suffix to the product that you want to sell. For example if you are planning to deal in hand phone accessories, then you can type in “hand phone accessories wholesaler” or “hand phone accessories distributor”. This should give you a list of wholesalers. But this not all that you have to do, you should do a simple search of the words wholesalers and drop shippers and read the posts on forums, start checking out the wholesalers who are frequently mentioned.

2. Check out eBay.

Most probably you will find that someone is already selling the items that you are about to sell you can spend some money and order the product from your competitor. This way you can easily trace the manufacturer and make contacts with him.

3. Wholesale directory.

You can find online directories that have done a detailed research on drop ship wholesale retailers. They do their research, conduct interviews and also attend trade shows to search for the potential wholesale dropshippers who can be included in their directories. The advantage that you can avail out of these directories is that you can find out the lowest whole sale process without paying anything extra such as middlemen charges. It is also important that you should realize that not all wholesales are on the net, there are also many others who are not on the list but could prove to be a good wholesaler for your business.

4. Classified ad sites.

You can also search the classified ad sites such as the Craig list and the US Free ads. These are the places where you will find sellers that are selling products. All you need to do is to find a seller who is selling a product similar to the one that you are selling. Incase the seller is selling the product at a cheaper price then there are chances that he has a wholesaler who quotes a lower price. You can order the same product to get hold of the address and the contact number of the dropshipper. You do not always get the number and address of the dropshipper, but most of the dropshippers do include it in as prevention in case the goods are lost in transit.

Dropshipping - The Ideal Online Retail Business

If you are planning to start off with an online retail business, then dropshipping might just be the right option for you. This business does not require an upfront capital and also involves very little. This is how this business works. In drop shipment the retailer does not stock goods, instead, he advertises the goods and once he has the orders for the customer he places the order to the wholesaler. The amount earned by the retailer is the difference between the wholesale price and the retail price.

This is an absolutely no risk business. You do not have to invest in thousand of stocks and then worry about not being able to sell them. Here you order only when you have got an order, so there is no way that you ca actually have an unsold inventory. It also means that you need no start up capital to start this business; all you need is to advertise a good to create consumer demand.

The other great thing about drop shippers is that they take all the responsibility of shipping and delivering the good. Once you do not have to worry about delivery you can focus all your time and energy in to marketing and advertising the goods. Order shipment is a huge task, there are times when you have to ship thousands of products to the other part of the counter at a very short notice. There are lot of things involved such as packing, insurance and shipment. These activities are indeed very taxing and time consuming but here all these jobs will be look after by the drop shipper and you can easily save all the valuable time and invest it in expanding your business.

In this business, you can also save all the warehousing expenses as you order only when you actually receive an order from the customer and as such you do not need a stock of ready goods. In this way you do not need a ware house to stock the goods. If you think of a normal retail business, you will find that you will need to estimate the demands of the consumer and then stock the inventory likewise. In this case you have to pay the rent of the warehouse and this rent steals a chunk of your profit.

In the case of dropshipping there is a limit to the number of products that you can sell. As you do not have to invest in the stock and you do not need to block any capital there is no harm in advertising an array of products on your website as long as the products are all related and fall in to the category of products that you sell.

EBay Dropshipping – a low risk and high return venture

You do not have to stock up goods in dropshipping and as a result you can prevent blocking space at your home or office premises.

You do not have to pay for anything unless you have a confirmed order in your hand, this way you can save the cost of investing in something that does not even sell.

In order to advertise the product, you will need to have sale graphics and pictures. But you can save the cost of actual buying a product clicking its pictures and writing a detail about its features. Most of the wholesalers will have pictures of their products on their web site, they will also have a detailed description of their products, so all you have to do is to download it from there and save yourself all the time and energy of doing it yourself.

This is how dropshipping works at eBay. There are a lot of wholesalers who advertise for their goods to be sold. Now you can search a good that has a good margin to provide and is in good demand. Next you have to start advertising the goods at eBay to attract consumers. Once you get the orders from the customer you can send the same to the wholesaler who will pack the goods put your label on it and send it to the consumer.

Through this process you can gain a lot of profit. As you can approximately keep fifty percent of what the consumer pays you and you have to pay around a fifty percent to the wholesaler. But the entire share that you get is not yours to take home as profit; you have to meet certain expenditures of your business. You have to pay eBay charges that are one of the major costs, next you have to pay for advertising of goods. You can advertise your goods and attract people through forums, discussion boards and through your own web site. You also have to send your label to be attached to the goods and that will also cost you apart from the postal charges.

It is true that you can make it big with drop shipping at eBay. But it is absolutely untrue that you can do it at the blink of an eyelid. Like all other businesses you do need to invest time and energy in order to succeed. Here it is important that you do your research well. All depends on the product that you choose. If your product is not in demand or does not give you a good profit margin, then all the effort done to advertise it will go in vain. It is equally important that you employ advertising secrets in order to attract new customers. If you put in consistent effort and do your research well then there is no limit to what you can achieve here.

Make money online with Dropshipping business

All you have to do with dropshipping is to advertise a product that you do not currently possess and take orders for the same from the public. Once you have enough orders you pass it on to the wholesaler who then dispatches the goods to the customers. Doing this you can easily pocket the difference between the wholesale price and the retail price. It is seriously as simple as it sounds! You can find a lot of opportunity to venture in to this business through the internet; in fact you will be able to find a whole list of suppliers who are ready to supply goods in their country. Due to the simplicity and lack of risk in this business there are loads of people who are currently pursuing it, this leaves little scope for a new comer to find out a product that he can profitably sell. It becomes more difficult if you have to pay international shipping costs on the goods that you choose to sell.

To be able to find a niche for yourself in this game you have to make money by extracting information from the market. The key is to use business to business online marketplace. Here you can find millions of products that are up for sale and trade. Once you decide which product you want to trade in and can find a supplier who is ready to supply the product then you can start your dropshipping business.

Before you start this business there are certain things that you must be aware of. Make sure that your supplier is a person that you can trust. In case your supplier refuses to supply the goods you will find yourself in a very awkward situation. Imagine having taken a lot of orders from the customers and having no goods to supply to them, you will be caught in a web of customer complaints and also refund of the order money. Therefore you should develop great relationship with your supplier so that you know what he has in stock and what the demand is like. Secondly if you are selling your goods online, you may have to offer a price that is slightly lower that the physical market price to lure the customers. Another important thing is that you should be extremely clear as to the course of action that has to be followed in case there is a problem with the goods during its life time. It is best to be clear about these things at the very on set to avoid any unpleasantness later on.

If you are capable of handling all these problems, then get started. All you need to make it big here is research. I am not saying that you can make millions without any effort, but if you put in your best shot and search the products that give you a handsome margin, then you can really make a whole lot of money out here.