One of the biggest helps in e-commerce is “Drop shipping.” It is where you can get help from someone who is willing to handle the inventory and delivery it for you. In totality it provides assistance to lessen your business responsibilities.
These are just the few great things about drop shipping. However, you should also ask yourself what are the risks involve in it. There are indeed a lot of dangers and challenges that you may encounter in this line of business.
Below are some of the basic reminders about drop shipping:
o Pricing Points
Do not be gullible. The rule is, never trust the first drop shipper you come across with and do not believe that they will provide you the best price/ deal ever. What you should do is search for the suitable and trust worthy provider in wholesale company directory such as Salehoo. Everything is available online and all you need to do is make sure that you are looking at the right resource.
o Drop ship’s Fees and Charges
There are some companies who will charge you an additional fee aside from the regular freight charge, don’t worry it’s common. However, avoid wholesale drop shipping companies that charge you on a regular basis. You should only be paying charges per transaction/ order. In addition, be conscious of your overall cost so you can compute you income properly.
Make sure that your drop shipper is using a reliable courier. You need to protect your client’s items. Give them assurance that they will receive their orders in one piece. By assuring that your customers and their orders are well taken care off, you also assure your stability in the industry and reap its future benefits. A seller with a good reputation is what customers are looking for. Avoid using too many drop shippers which would cause freight dilemma.
Familiarize yourself on how your drop shipping company process payments and money back guarantees. It is important to know if they immediately charge your credit card account in every order you place or monthly. How long does it take them to process credits for your returns? These are important details you need to know so you can manage your business’ finances properly and wisely.
These reminders will guide you through this industry. Remember the pointers and choose the best drop shipping company from the best and reliable directories online.