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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.

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Published:  Sun, 11 Nov 2018 23:11:00 GMT



Five biggest firearms wholesalers spending $200k on political campaign against Daniel Andrews

Australia's five biggest wholesalers of firearms are funding a political campaign against the Andrews Government. Despite not mentioning guns, the "Not happy Dan" campaign is produced by the Shooting ...

Published:  Thu, 08 Nov 2018 16:13:00 GMT



NBN users may cop speed hit from sub-wholesalers

Internet users whose service providers are directly linked to NBN Co are likely to see better speeds than those whose provider connects to the NBN through a sub-wholesaler, new numbers show. The numbe...

Published:  Sun, 04 Nov 2018 17:51:00 GMT



Masonite International Corporation Announces Acquisition of Bridgewater Wholesalers, Inc.

Masonite International Corporation (NYSE:DOOR) today announced that it has completed the acquisition of the operating assets of Bridgewater Wholesalers Inc. (BWI), headquartered in Branchburg, New Jer...

Published:  Mon, 05 Nov 2018 12:15:00 GMT



Masonite International acquires Bridgewater Wholesalers, Inc. for $23M

Masonite International (NYSE:DOOR) announced the acquisition of the operating assets of Bridgewater Wholesalers Inc., a leading fabricator and distributor of door systems and related components ...

Published:  Tue, 06 Nov 2018 03:12:00 GMT



Drug wholesalers raise turnover in Latvia by 4.4% in first nine months

During the third quarter of 2018 Latvia's drug wholesalers raised their aggregate turnover 7.6 % `from the same period a year ago to EUR 148.45 mln, according to the data of the State Agency of Medici...

Published:  Sun, 04 Nov 2018 23:00:00 GMT



Masonite Int'l (DOOR) Reports Acquisition of Bridgewater Wholesalers Inc.

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. Masonite International Corporation (NYSE: DOOR) today announced that it has completed th...

Published:  Mon, 05 Nov 2018 13:24:00 GMT



Distributel and MOBITV announce strategic partnership to bring app-based TV to Canadian customers and wholesalers

"With Canadians viewing more and more video content on streaming devices such as smartphones and tablets, we know that the future of TV is app-based," says Matt Stein, CEO of Distributel. "We have alw...

Published:  Mon, 05 Nov 2018 06:08:00 GMT



Distributel to bring MobiTV to Canadian customers, wholesalers

Canadian telecommunications company Distributel partnered with MobiTV, a specialist in app-based TV video delivery products, to bring the MobiTV platform to Canadian customers and wholesalers. Distrib...

Published:  Mon, 05 Nov 2018 21:32:00 GMT



Masonite International Corp.: Masonite International Corporation Announces Acquisition of Bridgewater Wholesalers, Inc.

TAMPA, Fla.--(BUSINESS WIRE)-- Masonite International Corporation (NYSE:DOOR) today announced that it has completed the acquisition of the operating assets of Bridgewater Wholesalers Inc. (BWI), headq...

Published:  Mon, 05 Nov 2018 23:42:00 GMT



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