Using drop shipping in your business can be the perfect solution. The sad reality about this ever-growing business is that the number of individuals trying to make a go of it and failing is staggering. About 90% of new drop shipping businesses fail and successes are few and far between.
This isn’t because there’s a lack of follow through and diligence, this may not even be due to a poor business plan, but the competitiveness of this industry is just too much for some to take. The idea, the planning, the desire to work hard are all there; the problem is that the drop ship companies are hard to sift through. The companies that have failed are simply unable to locate the legitimate suppliers of great niche items that will generate sales with high profit margins.
There are directories of legitimate drop shippers available if you seek them out. Legitimate drop shippers will typically have a “fan base” of satisfied affiliates who probably talk about them on blogs or in forums. The drop shipper is the key to you business after all.
If you find a strong, reliable shipping partner, you can easily survive in this competitive online world. There are thousands of drop shippers with millions of great products on offer. Sometimes it helps just to know what niche market you’re aiming to fill. You really need only one good drop shipper to make your business work.
One of the biggest and hardest issues that new retailers face is the warehousing of products. Using you would need a storage space which can remove a few dollars from an already tight budget. But, storing is not the only issue. Maintaining stock and developing inventories are also hard to do. When you use a drop shipper you can say goodbye to all of these problems and concentrate on the part of the business that will bring in your cash flow; marketing and sales.
You don’t even have to worry about doing the research on the products you are going to retail; a good drop ship supplier will have the information readily available in catalogue form. And what’s more, you can usually download a database file to populate your database for your website. You can use the information to develop any kind of marketing plan you wish.
When you’ve found a great way to market the products and start getting some orders and cash flow, all you have to do is have the drop ship company fill the orders and ship them to your customers. All of the packaging, tracking and delivery are handled by the supplier company.
A drop ship company performs many of the tasks that a retailer had to contend with on their own in the past. Now the hard work and heavy lifting is done for you and all you need to do is find the most effective marketing strategies to earn your profits. This will also allow you plenty of time to expand your business, maybe branch off into different niches to get a good all-around business going.