If you’ve thought about opening a business for yourself, and want to take advantage of that lifestyle so many people strive for, you’ll see that as you read through this article you can start you own endeavor and do it without even having products of your own to sell and only a small amount of money up front.
Honestly, who hasn’t dreamed about owning there own mail order business. You know the one where you just go out to the mail box and pick up the checks. Until recently, that was really just a pipe dream and a great marketing pitch for many biz-op companies. But today that opportunity is real and probably as easy as it’s ever going to get. It has become particularly easy with the advent of the internet and the ability to auction merchandise from your home.
What I’m talking about is purchasing wholesale and then drop shipping to customers without storing inventory. This can provide an easy way for people to quit their regular day job, if they work at it systematically. You can do it without having to put up a lot of money in upfront capital and basically do it from your home computer and desk area.
Drop shippers can send products and merchandise to your customers without you ever having to touch the products. This allows you to offer real products to customers and not have to worry about warehousing and inventory.
There are many different ways you can set up a great drop shipping business. The simplest way is to start an auction on one of the big auction web sites. You can sell products via the auction and ship them to your customers and it will appear as if they came direclty from your distribution warehouse.
This works by you providing the drop shipper with the customer information. They then take care of the fulfillment and follow through with the shipping process. The best part is that they will affix your company information to the package including logos and slogans if you request, and then provide them the material to do so.
When your customer gets there merchandise it appears that your warehouse sent them the products and they have no clue that it came from a drop ship resource.
Besides the obvious benefits this allows you to spend more time on setting up new promotions via auction or regular website, rather than focusing on packaging, and shipping chores. Way more productive and profitable to your bottom line.
Establishing a rapport with several wholesale drop shipping companies will be a key to your success. At first most companies will want you to pre pay in some fashion for products that get shipped. This usually can be done using a credit or debit card.
Getting your merchandise to your customers in a timely fashion should be a primary goal. Ultimately, you should be able to establish a credit line with your suppliers and be billed on terms. This way you will be able to add a new dimension to your business providing even quicker service, thus allowing you to reap more profits.
One central component to a profitable drop shipping business is finding real wholesale suppliers. It’s important to remember that lots of companies claim to be wholesalers and promote themselves as being such. Unfortunately many are not. They are actually middlemen and profit by selling you merchandise above the true wholesale cost.
Finding true wholesalers can be a tedious and painstaking task. Be sure and take your time when researching wholesalers so that you are dealing with the closest point to the manufacturer.
Getting started in a wholesale business and then drop shipping the merchandise can be profitable without a huge financial risk. Do your homework and find out what the best margins are for your particular products. The beauty of this is that you can sell your product without actually purchasing it and then warehousing it tying up precious funds that can be used in different ways.
The wholesale drop shipping business is fun and exciting. It allows you to profit in many cases prior to actually having any capital expenditures of the wholesale merchandise. If your thinking of starting a home based business a wholesale and drop shipping is a good business model to cut your teeth with.