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10 Tips For Dropshipping
By Mark Kenny, Sat Dec 10th
Many entrepreneurs have found success in the dropshippingindustry. For those who aren't familiar, dropshipping is abusiness term used for a situation where a seller sets a retailprice for an item, collects the payment, sends the wholesalecost to a dropshipper and the item ships directly from theirwarehouse. In most cases, the seller never even handles themerchandise because every aspect of shipping is handled by thedropshipper. As successful as the industry has become, there areconcerns that arise from this method of selling. In order tofamiliarize you with those concerns and other helpfulinformation, a list of 10 tips has been compiled. Anyone in thedropshipping industry, or who is considering it, should taketheir time and gather as much information as possible. Tip 1: Check out the dropshipper's reputation with the BetterBusiness Bureau in their area. How long have they been inbusiness? Has anyone ever filed a consumer complaint against thecompany? If so, has the complaint been resolved? Thisinformation can be found at http://www.BBB.org. Tip 2:Ask the dropshipper how quickly they will be able to fulfill andship the order. Be sure to inquire about whether or not atracking number will be available. The tracking number will bevery important because, if an item doesn't arrive, you will needto have some means to track the purchase and to make sure thatit was shipped. If a customer doesn't receive a product, theywill look to you for answers.
Tip 3: If you aredropshipping, this means that the item you are selling is not inyour possession. It's very important to let your customers knowthis. Sellers should indicate that the item will ship directlyfrom your supplier. Tip 4: An important factor toconsider is the delivery time. It's pertinent to let buyers knowthat, because the item is shipping directly from your supplier,they may need to allow extra time for delivery.
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Make sure to askyour dropshipper how long delivery takes so that you may passthis information on to your buyers. Tip 5: If a problemshould arise during the course of shipment, or if a shipment isdelayed, promptly address the issue with your buyer. It'simportant to have good communication and to let your customersknow that you are always there to answer theirquestions. Tip 6: Be cautious of a dropshipper whorequires that you pay a fee to access their product line. Alegitimate dropshipper should not charge to set up anaccount. Tip 7: When ordering from a dropshippingcompany, there should not be a minimum order. It's normal to getdiscounts on larger quantities, but the dropshipper should beable to accommodate any order size from 1 to 100. Tip 8:Consider doing business with more than one dropshipping company.It's always a good idea to shop around for a larger variety ofbetter deals. Don't put all of your eggs in one basket, so tospeak. Tip 9: When you begin doing business with a newdropshipping company, order a few test products for yourself.Afterall, you are the one who will be selling the products andyou will want to make sure the company offers quality products,reliability and accuracy in filling orders. Tip 10: Thewhole idea behind dropshipping is wholesale. You are buying aproduct at such a low price that you should be able to sell itfor a profit. The dropshipper is the wholesaler and you becomethe retailer. It's easy to forget that some things really aretoo good to be true. Just like everything else, there are scamsout there so be careful. The bottom line is that regardless ofhow wonderful the deals may seem, start slow and build up tolarger orders as you become more comfortable with the process About the author:Mark Kenny creates profitable turnkey websites athttp://trading-web-solutions.com. This article is taken from hiseBay maximum profits mini-course showing you how to get the mostout of eBay. To subscribe send a blank email totaebay@aweber.com
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