December 15, 2017

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Common Mistakes Made By Wholesale Dropshippers

So the tourist in New York City stops a fellow on the street to inquire how to get to Carnegie Hall and gets the reply, "Practice, practice, practice". It's an old story, but a good answer.

By the same token, if you want to know how to avoid some of the common mistakes made by start-up online retail businesses who use wholesale drop shippers to warehouse and ship product to their webstore customers, the answer is "Research, research, research."

After you have identified the products you want to sell, based on your knowledge and interests which makes you an expert on them, you must find a supplier of those products. A wholesale drop shipping supplier can be the product's manufacturer, wholesaler or distributor. Thorough, in-depth research of suppliers will reveal which wholesale drop shippers are as close to the product's origin as you can get. A common mistake is to engage a company which appears to be the wholesale drop ship suppler, but is actually a middleman layer who relays your order to the supplier, charges for their service thereby increasing your costs, and will occasionally put their logo on the shipping label or include a packing slip with their information inside the box being shipped to your customer.

After finding several wholesale drop shipping suppliers of your product, don't assume all will package and ship a single item for you on demand. Some will require a minimum quantity per month in order to enter into an agreement with you. Some will charge you a monthly fee to be your wholesale drop shipping supplier. Don't expect to get the same wholesale price for product and shipping as another retailer who orders in bulk.

Another common mistake is as age-old as putting all your eggs in one basket. Some wholesale drop shippers offer hundreds of thousands of items in their catalogs and it is possible one wholesale drop shipping supplier can seem to meet all your needs. But it is a very good idea to have a business relationship with more than one wholesale drop shipping supplier for your product. Even if your research has indicated your supplier of choice is rarely out of stock of your product, it can happen. Have a back-up supplier to turn to in order to avoid having a disappointed customer. As an online retailer, having prompt shipment of goods cannot be over stressed.

Additionally, choose wholesale drop ship suppliers who use package delivery services with package tracking. Because you are an online retailer using a wholesale drop shipper to warehouse and ship your product, it is unlikely you ever will lay a hand, or eye, on the item your customer has ordered from your webstore. Not being able to tell your customer when his already paid-for item will be shipped, and when he can expect it to show up at his door can be a major mistake.

These two shipping issues alone can make or break your business.

HBJ's 2017 Deals of the Year: Retail

Why it matters: In November 2016, Lowe's acquired Central Wholesalers, a maintenance, repair and operations distributor in the Mid-Atlantic and Northeast. With the addition of MSH, the acquisitions "expand Lowe's ability to serve the highly ...

Published:  Thu, 14 Dec 2017 04:23:00 GMT

San Antonio Candymaker Goes Solar

Alamo Candy, one of the largest candy manufacturers, distributors, wholesalers, and retailers in San Antonio, has gone solar. Freedom Solar, a solar power design and installation company, completed a 100.8-kilowatt solar array comprised of 280 panels ...

Published:  Thu, 14 Dec 2017 07:13:00 GMT

Chad Owen: Cigarette tax-stamp discount benefits local wholesalers, not big tobacco

Dear Editor: While "Inside Man" was a very interesting and insightful article, it was grossly incorrect about the "expanded tax break" lining the pockets of cigarette manufacturers. Big tobacco manufacturers such as RJ Reynolds do not receive the money ...

Published:  Mon, 11 Dec 2017 15:12:00 GMT

"People do not know what to do with cranberries and lingonberries"

As with the majority of Munich wholesalers, the assortment of Herbert Widmann GmbH is very broad. In the shop at the local wholesale market you will find mushrooms, exotic fruits, stone fruit and tropical fruits of all kinds. The main business still ...

Published:  Thu, 14 Dec 2017 06:29:00 GMT

Christmas tree shortage Wholesalers in Nova Scotia sell out for the season

Marina von Stackelberg is a CBC journalist based in Halifax. She previously worked for CBC Sudbury. Connect with her on Twitter @CBCMarina. Send story ideas to marina.von. If you're looking to buy a few hundred Christmas trees this year ...

Published:  Sat, 02 Dec 2017 03:45:00 GMT

TABLE-Dan Brown's 'Origin' tops U.S. bestseller list

Data released by independent, online and chain bookstores, book wholesalers and independent distributors across the United States was used to compile the list. Hardcover Fiction Last week 1. "Origin" 2 Dan Brown (Doubleday, $29.95 2. "The Rooster Bar" 1 ...

Published:  Thu, 14 Dec 2017 12:11:00 GMT

Business holds steady for Windy City wholesalers

Rob Strube, president of Strube Celery & Vegetable Co., says wholesalers at the Chicago International Produce Market have discussed how to keep business vibrant this year. Photo courtesy FCL Builders In 2016, Chicago produce distributors said the hometown ...

Published:  Wed, 06 Dec 2017 15:24:00 GMT

Nisa joins coalition of wholesalers supplying Costcutter

Having picked up a short-term deal to service the McColl's stores formerly supplied by P&H, Nisa has joined a host of wholesalers supplying Costcutter. From today the buying group will be supplying selected Costcutter stores for the first time since 2014.

Published:  Wed, 06 Dec 2017 05:31:00 GMT

Liquor Commission serves up more rule changes

The commission was not scheduled to take up the nonprofit issue Wednesday, but did unanimously approve several rule changes, including the 24-hour sale of alcohol for room service in hotels and condominiums and giving manufacturers and wholesalers an extra ...

Published:  Thu, 14 Dec 2017 08:22:00 GMT

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