March 17, 2018

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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.

Amazon is shutting down Vendor Express, a shortcut for wholesalers to sell inventory

Amazon is shutting down Vendor Express, one of its wholesale programs that made it easier to sell in bulk to Amazon, according to an email seen by CNBC. The company said it will stop issuing orders as of May 21, and shut the program entirely on Jan. 2, 2019.

Published:  Tue, 13 Mar 2018 11:12:00 GMT

Milk shops closed in protest against wholesalers

KARACHI: Consumers have started facing shortage of milk as some retailers closed down their shops after suspending procurement of milk from the wholesalers from Tuesday evening, while supply at some shops had run out. Two groups of milk retailers on ...

Published:  Tue, 13 Mar 2018 18:47:00 GMT

Alcoholmanac: ABLE Commission is prepared to issue licenses under new alcohol laws, but a small number of businesses are applying

Two months before the Oklahoma Alcoholic Beverage Laws Enforcement (ABLE) Commission began accepting interim licenses to allow wholesalers, grocers and convenience store retailers to purchase, stock and sell full-strength beer and wine, the Oklahoma ...

Published:  Fri, 16 Mar 2018 06:14:00 GMT

"We want to start serving retail, as well as wholesalers"

Elite Foods primarily supplies tomatoes and cucumbers to German wholesalers. The company is active in Frankfurt, but also supplies to other parts in Germany. "Besides wholesalers, we also want to start serving retail. We're currently working on ...

Published:  Thu, 15 Mar 2018 06:26:00 GMT

Newsagents need support from publishers and wholesalers

Most independent retailers make a very modest living serving their customers because they feel fulfilled doing so and can be their own boss. Almost all are unsung heroes but none more so than traditional newsagents. I have written before about the ...

Published:  Thu, 15 Mar 2018 07:40:00 GMT

Meadows awarded Wine & Spirits Wholesalers of Georgia Scholarship

Photo (meadows.jpg) Executive Director of Institutional Advancement, Lauren Harrell; Executive Director of the Wine & Spirits Wholesalers of Georgia Foundation, Fred Kitchens; Scholarship Recipient, Abbi Meadows; and her mother, Heather Meadows gather for ...

Published:  Thu, 15 Mar 2018 10:29:00 GMT

Topco Associates agreement brings savings to wholesalers

The National Association of Perishable Agricultural Receivers (NAPAR) has a new partnership with food industry buying cooperative Topco Associates LLC. The agreement gives NAPAR members significant savings, according to a news release, through the ...

Published:  Mon, 12 Mar 2018 16:06:00 GMT

2011 Nissan JUKE For Sale at Kapos Auto Inc. - (888) 217-5188

We are one of Queens and the NYC areas largest wholesalers, selling late model cars and trucks to the public. Our goal is to always sell our inventory at below-retail prices. We strive to get you the best possible price for the car that is right for you!

Published:  Fri, 16 Mar 2018 17:10:00 GMT


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Published:  Mon, 05 Mar 2018 07:26:00 GMT

Lawsuit lays blame for opioid epidemic

The first of their kind in Virginia, suits were filed Wednesday afternoon in Dickenson County Circuit Court and in the city of Alexandria, alleging prescription drug manufacturers, wholesalers/distributors and pharmacy benefit managers, known as PBMs ...

Published:  Thu, 15 Mar 2018 21:19:00 GMT

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