March 23, 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.

Brew­ers sue over state law limiting distribution

Lawyers for Olde Mecklenburg Brewery and Noda Brewing Co. filed a lawsuit in 2017 after failing for years to get state legislators to change the beer distribution law - a change opposed by beer wholesalers who represent one of the state's most powerful ...

Published:  Wed, 21 Mar 2018 22:30:00 GMT

Wine & Spirits Wholesalers of America Collaborates with Vermont - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

WASHINGTON, March 22, 2018 /PRNewswire/ -- Industry stalwarts, Wine & Spirits Wholesalers of America (WSWA), Vermont Information Processing (VIP), and Nielsen have teamed up to create a new market trend resource: The SipSource Report - a comprehensive ...

Published:  Thu, 22 Mar 2018 15:12:00 GMT

Loss of MSC certification in Nova Scotia is least of snow crab sellers' problems

Seafood wholesalers and distributors aren't losing sleep due to the temporary loss of Marine Stewardship Council (MSC) certification for snow crabs caught in the southern part of Canada's Gulf of St. Lawrence. But that's because they have much larger ...

Published:  Thu, 22 Mar 2018 10:23:00 GMT

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

BIRTHDAY OF THE DAY: Rebecca Miller Spicer, SVP for communications and public affairs at the "éNational Beer Wholesalers Association

How/where are you celebrating your birthday "Every year, I kick off my birthday with pancakes from McDonald's, and I end my day with coconut pie. And right around 5 o'clock, there just may be a cold beer with my name on it at the office bar.

Published:  Thu, 22 Mar 2018 02:22:00 GMT

Is It Time to Take a More Serious Look at Chegg, Inc.

The departure from life as a renter and seller of textbooks with middling margins began in 2014, when Chegg inked an agreement to allow Ingram Content Group, one of the world's largest book wholesalers, to fulfill some of its textbook rentals and sales.

Published:  Thu, 22 Mar 2018 13:03:00 GMT

Cigarette prices likely to rise again next week

The list price is what wholesalers pay manufacturers for their products. The increases typically are passed on to customers. The increase follows Philip Morris' recent pattern of raising prices every six months or so, which R.J. Reynolds Tobacco Co. and ...

Published:  Thu, 22 Mar 2018 10:00:00 GMT

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