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Monday, August 2nd
One of the biggest headaches for dropshippers, and which is the most important part of dropshipping, is managing inventory and orders. Many dropshippers find themselves drowning in files and file upload processes that differ from marketplace to marketplace and from platform to platform. They also spend a lot of time chasing down inventory data like quantity, shipping weight, variations, attributes, and more.
Inventory Source claims to solve these problems by automating all of these processes. They offer the automations to both the retailers and their 150+ wholesale suppliers.
For inventory automation, suppliers and warehouses provide detailed, categorized product data and inventory monitoring. Through automation tools, suppliers update price markups and product data and then the data is sent, without file uploading, to Amazon, eBay, Walmart, Jet, Shopify, Magento, WooCommerce/WordPress sites, BigCommerce, and more than 20 other platforms and marketplaces.
For order automation, when a retail customer places an order on a retail dropshipper's website, the order goes through an order processing dashboard. It can be automatically processed or go through a verification process first. If multiple products from multiple vendors are part of the order, Inventory Source figures out which orders to send to which suppliers through its direct integrations - again, with no files to manage and upload. Once the order has shipped, tracking information is bundled back into the order and sent to the customer.
Through Inventory Source, wholesale suppliers can connect directly to their own online store, order management system, or enterprise resource planning system to synchronize inventory and orders.
The Inventory Source supplier directory is free to browse with no credit card required. You just create an account and it logs you into the supplier directory. The pre-registration demo video of the supplier directory was confusing and didn't have a voiceover to explain what was being shown in the screen recordings of the service being used. It also didn't show the entire process from start to finish. So, you'll have to figure out most of the process on your own or using the Getting Started guide once you log in.
Once you select a supplier, it's very simple to select an automation plan, review pricing and then complete the order of the products. From there, you list and promote the product on your website and desired marketplaces. Orders pass back to the Inventory Source system and are sent to suppliers for fulfillment. This is one of the best-designed systems available in terms of ease of use and setting up the transaction chain quickly and painlessly.
If you chose Inventory Automation as your plan, Inventory Source will automatically upload your supplier's products and sync inventory quantities to your store. Choose Full Automation if you want the added ability to automatically route orders to your suppliers and sync shipment tracking back to your store. Based on our experience, the latter is well worth it if you are shipping and needing to send tracking codes for more than 20 orders per day, especially across multiple platforms.
Support is team-based via email and live chat 7 days per week, and scheduled calls Monday through Friday from 9am to 5pm Eastern. Depending on the integration plan you purchase, you may even have access to an account manager who is a senior team member at Inventory Source dedicated to supporting and monitoring your account integrations. The account manager also serves to be an advocate in ensuring the tools and services fit your needs and budget.
We were surprised to find only four complaints registered via the Better Business Bureau, and to each of those Inventory Source responded promptly and satisfactorily. One complaint had to do with the customer's email filter being too aggressive in blocking an Inventory Source notification and nothing wrong with the service itself. Other non-BBB reviews included responses from Inventory Source representatives who clarified the actual misunderstandings and resolutions. Their conclusions were largely supported by other customers of the service who had reported good experiences. This tells us that Inventory Source cares about the satisfaction of their clients.
We were very impressed with the ease-of-use in getting started with selling on any of the most popular marketplaces. The file-less synchronization process is a plus for dropshippers who don't want to worry about handling so many files. This wholesale dropshipper has earned our highest rating.
Who the best Wholesale Dropshipper? Have you decided to try to buy and sell goods on the Internet? Are you looking to enter the fast-paced world of e-commerce? You can take advantage of a wide variety of dropshipping services that enable you to achieve financial freedom and reach your goals.
Supply chain management is simply getting a product from point A to point B. One way to do this is through dropshipping. With dropshipping, retailers (you) do not have to keep any inventory on hand. Rather, you send customer orders to wholesaler suppliers. The supplier ships the items directly to your customer. You never have to touch the product, and you make a profit on the difference between the wholesale and retail prices.
There are numerous benefits of dropshipping. As a dropshipping retailer, you do not have to buy and stock inventory before making a sale. The advantage is that you don't need to provide for storage space. You are not left trying to get rid of items that are not selling well, or at all.
If you want to reduce the number of employees needed to run your retail business, just become a dropshipper! Regardless of how many products you sell, you don't have to hire employees to package and ship items. Because inventory management is handled by the supplier and/or dropshipping enablement company, you also don't have to hire employees to maintain inventory.
To succeed as a wholesale dropshipper, you should use a dropshipping service that prequalifies reputable manufacturers and wholesalers. Also, you should match your business goals properly with the products the dropshipping company offers.
Here are some important factors to look for when looking at different dropshipping services:
TopConsumerReviews.com has reviewed and ranked the best Wholesale Dropshippers available today. We hope these reviews help you find the right Wholesale Dropshipper for your business needs!
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