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Friday, December 6th
Worldwide Brands provides a directory of over 8,000 dropshippers and wholesaler suppliers that you can contact and work with to add their products to your online store. They have a big emphasis on helping customers find trustworthy suppliers, but customers say that many of the places they find through the directory either aren't responsive, are start-ups, or don't leave a lot of room for profits. People generally are happy with customer service, but don't seem to agree that the one-time payment for directory access from Worldwide Brands is worth it. We're not sold on this company, so they've not earned a high rating from us.
Inventory Source is software that provides a list of over 230 integrated suppliers that you can use for adding products to your website. You can choose an automation plan to manage your dropship supplier's products and orders starting at $99/month. If you want to upgrade even more, you can integrate with US Direct for over 200,000 US products that ship within 3-5 days. The whole idea of Inventory Source seems sleek and convenient, but unfortunately their pricing is high and their customer reviews are low. People mostly complain that their support is terrible: when issues arise with inventory numbers or errors with your account, it's really hard to get anyone to fix them. This isn't a company that is doing a great job of keeping long-term customers, so we haven't given them a great rating.
A major hangup people often run into when starting their own business is the need to increase inventory regularly, rotate products, and make seasonal changes to continue growing and meeting customer needs. This results in having more and more inventory to store, higher overhead costs, and having excess product from months or years previous that didn't sell well that you don't know what to do with. It is this cost in particular that can sometimes sink a new retail business and prevent them from being operational for long.
If you're wanting to be in charge of your own retail business, dropshipping companies could be your best friend. They make it so you don't have to store your own inventory and they'll take care of all the shipping processes for you. You'll work with the company to select products, add your own price markup, and get set up so they can send out orders once you've obtained a sale on your website. It unlocks a world of convenience and takes a load off of you as a business manager.
With dropshipping, you can expand your product lines regularly without having to carry so much of the overhead cost. You can add new products to your shop within minutes and stop selling items that aren't doing as well. For this reason, if you're starting a new business or running into issues with how your current one operates, trying out a dropshipping method could be the solution for you.
It doesn't take a whole lot to become a reseller of goods through a dropshipper since you don't manage the inventory or need a warehouse to store it all. If your business is small enough, you can run it all on your own. You'll just need to set up a website, create your own brand, purchase product, promote and manage sales, and communicate back and forth with customers whenever needed. It's nice to have some financial knowledge and organization as well, but you really don't have to be an expert in any of these things. Many people run and operate their business alone with the help of a wholesale dropshipping company and are quite successful.
If you have a knack for sales and dream of working for yourself on your own schedule, becoming a dropshipping reseller will appeal to you. If you cater products to your target audience well and take advantage of different social media channels, online ads, email lists, and other means of marketing, you'll have a solid customer base. You may be able to make much more than you are at your current full-time job while not having to answer to anyone else about how you run things.
There are many companies that offer wholesale dropshipping, so how do you select the best one? We've done some deep dive research on 10 of them to help you find the ones that will best meet your company goals. Here are a few major things to consider when weighing your options:
The experts at Top Consumer Reviews have researched the most efficient and reputable wholesale dropshippers available to you. We're confident that you'll find a company that helps you take your business to the next level and offers you the means to achieve financial success!
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