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      September 22, 2018

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How To Start a Wholesale Dropshipping Business

After researching what kind of goods other online retailers offer, the next step is deciding what you want to offer. Most small scale online retailers serve a niche market. If your research reveals someone else has a particular market covered, with a well established reputation for fair prices and good customer service, choosing to offer the same goods for sale might not a profitable idea. On the other hand, it is possible you could beat them at their own game by offering better on every level.

The niche market you, as an online retailer using a wholesale drop shipping supplier, can best serve is the one centered on things you know well. Is there some special training, job or life experience that has brought you to be the reigning authority on, for instance, the working parts of cuckoo clocks? Is it your hobby to collect silenced ones and make them tweet again? Then possibly selling cuckoo clocks is for you because you would know the rarity of a baritone birdie announcing the hours. Niche market buyers know what they want. They want to do business with someone who understands the object of their desire and the reason they desire it. In short, plan to sell what you know.

Research suppliers of your possible product. Have more than one product in mind, but keep it the same category - don't attempt to sell cuckoo clocks and running shoes from the same webstore. Potential customers will doubt the validity of you being an expert about both.

Not every supplier will do drop shipping for small businesses. You can do this search online. Be thorough as you want to get as close to the source of your potential product as possible. A wholesale drop shipping supplier can be the manufacturer, a distributer or a wholesaler. Wholesale drop shipping suppliers often have catalogs with hundreds of thousands of products they warehouse and will ship for you to your customer, sometimes with your logo on the shipping label.

Part of your research should include checking on the availability of your product on the wholesale drop shipper's shelves. Is it out of stock for months at a time? Have more than one wholesale drop shipping supplier source for your product. If supplier "A" is out of stock, supplier "B" might have it even though they get it from the same manufacturer.

Learn the costs of doing business with wholesale drop shipping suppliers. All will charge more for single item processing than they would for bulk. Some require monthly minimum purchases. Some charge a fee like a monthly service charge. When you are ready for business, you will need to have some sort of business agreement with them already in place. Sometimes you can use product information and photos from the supplier's catalog, saving you time and money when it comes to preparing your sales platform.

By this time, you should have already decided where you will offer your products for sale - your own web store, through eBay or any other online avenue you choose. Make sure the manufacturer of your product will allow you to sell it on eBay. Some do not.

Biz: Historic Raleigh mansion on the market for $2.2M

An 8,800-square-foot home at 2405 Glenwood Ave. that dates to 1928 is for sale for $2,199,000. Art Pope, CEO of Variety Wholesalers and a key leader of North Carolina's conservative movement, owned th...

Published:  Fri, 21 Sep 2018 02:05:00 GMT



Carousel: Meet the New Voice of the Beer Wholesalers

Lauren Kane has gone from soft drinks to the harder stuff (professionally anyway). She's been named the vice president of communications for the National Beer Wholesalers Association, coming from the ...

Published:  Wed, 12 Sep 2018 17:52:00 GMT



East Coast US wholesalers, North Carolina crab harvesters brace for Florence

Wayne Dunbar, a commercial harvester of Atlantic blue crabs and the owner of Paradise Shores Seafood, a wholesaler in the US state of North Carolina, didn't take any chances this hurricane season. He ...

Published:  Wed, 12 Sep 2018 10:59:00 GMT



Governor Signs Marijuana Legalization Bill, Making History In US Territory

Regulators will issue licenses for cannabis producers, testing facilities, processors, retailers, wholesalers and lounges. Home cultivation of a small number of plants will be allowed. CNMI is the fir...

Published:  Thu, 20 Sep 2018 21:25:00 GMT



BIRTHDAY OF THE DAY: Laurie Knight, EVP of government affairs at the National Beer Wholesalers Association

How/where are you celebrating your birthday and with whom "I am headed out of town for my birthday, but not before stopping by Baked and Wired in Georgetown for a chocolate Texas Sheet Cake cupcake." ...

Published:  Sun, 16 Sep 2018 05:28:00 GMT



Stand-alone Mobile Inventory Application for Wholesalers, Distributors

Redmond - WA September 19,2018 / Dynamic Systems, Inc., a Redmond, Washington software developer specializing in Barcode Systems for Inventory Tracking launches a new application that uses barcode sof...

Published:  Wed, 19 Sep 2018 15:06:00 GMT



Produce wholesalers enjoy Michigan's resurgence

Produce wholesalers in Michigan say the economy has rebounded in a big way from the dark days of 2009. ( Courtesy Rocky Produce ) Michigan's economy has rebounded in a big way since the dark days of 2...

Published:  Wed, 12 Sep 2018 12:15:00 GMT



Traditional cigarette prices are on rise again for Marlboro, likely for Reynolds brands

The list price is what wholesalers pay manufacturers for their products. The increases typically are passed on to customers. Philip Morris is increasing by 10 cents per pack the brands of Marlboro, L& ...

Published:  Thu, 20 Sep 2018 20:22:00 GMT



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