THINGS TO KNOW ABOUT WHOLESALE DROPSHIPPING SUPPLIERS AND LOGISTICS

INTRODUCTION

The e-commerce dropshipping business is full of surprises. Every day you come across a new idea to sell and new terminology to learn.

Experience combined with knowledge can help you establish a profitable E-commerce business. Who mind earning thousand and millions from the comfort of their homes?

In this blog, you will learn about how you can fulfill orders through wholesale dropshipping suppliers. You will also learn about different media involved in wholesale dropshipping logistics.

HOW TO FIND A WHOLESALE DROPSHIPPING SUPPLIER?

Finding a reliable and credible wholesale dropshipping supplier can be a bit of a challenge for business owners. The best method to find a trustworthy wholesale dropshipping supplier is by establishing contacts with product manufacturers in the market.

Manufacturers are usually in contact with a range of wholesale dropshipping suppliers and thus can be a good source of information. They can provide you with contacts of reliable suppliers to contact.

Also establishing good connections with manufacturers and wholesale dropshipping suppliers can help you do a better selection of products to sell. They can tell you about which products are on trend in the market and you can also sell that particular product among other products from your niche.

WHOLESALE DROPSHIPPING

Having good business relations with a reliable wholesale dropshipping supplier can be very fruitful. Let’s have a look at the advantages of having a wholesale dropshipping supplier:

●  In the case of bulk orders, wholesale dropshipping suppliers sell products at reduced prices as compared to when you order a single product. This helps the business owners buy products at less prices and thus earn more profits.

●  Wholesale dropshipping suppliers simplify the process of inventory management. Most of them have their warehouses in the target countries and themselves look over the process of maintaining the inventory.

●  Wholesalers for dropshipping help business owners scale their business more easily. E-commerce business owners can sell their inventory anywhere in the world without having to worry about keeping, packing, and fulfilling their orders. The whole process is overlooked by wholesale dropshipping suppliers.

●  As a business owner, you stay updated with any new product that is launched in the market. Whenever a new product has been introduced to the market, the supplier adds it to the product catalog. In the same manner business owners can also list all the new markets in their online stores and order them to the supplier as soon as they receive the orders.

●  Establishing good contacts with a reliable wholesale dropshipping supplier makes the whole e-commerce business process more simplified. All you need is a laptop and an online store and you can run a successful e-commerce business from the comfort of your home.

DISADVANTAGES OF WHOLESALE DROP SHIPPING SUPPLIER

Along with various advantages of working with wholesale dropshipping suppliers, there are also some disadvantages.

★  The first disadvantage is a high rate of competition among various suppliers in the market. Since a lot of suppliers are selling the same products in the market, some might take advantage of it. Business owners might get connected with inexperienced suppliers and get their money wasted.

★  The fact that business owners don’t have control over the supply chain is both pros and cons. Business owners will remain unaware of any discrepancies in the supply chain as well such as inventory shortages. However, with continuous and strict follow-ups this problem can be overcome.

★  A major disadvantage is that you never get to know about the quality of the product you are selling to your customers. The suppliers might sell poor-quality products to your customers and you will in turn lose your customers.

★  Wholesalers for dropshipping sometimes do not implement the fulfillment process properly. They might do poor packaging of the product or deliver the product late with no updates to the business owners and the customers. As a result of which the business owners have to face product returns and deal with customer complaints on behalf of the suppliers.

DIFFERENTIATING BETWEEN A GOOD AND BAD WHOLESALE DROPSHIPPING SUPPLIER

Unfortunately, most of the wholesale dropshipping suppliers who are authentic do not have a strong presence online. Hence it is very difficult especially for new business owners to differentiate between legitimate and fraudulent wholesale suppliers.

One basic difference that differentiates between reliable and non-reliable dropshipping suppliers is ongoing fees. Legitimate wholesale dropshipping suppliers never ask for any ongoing fees or monthly subscriptions.

You can look for reliable and legitimate wholesale dropshipping suppliers from supplier directories that can be purchased.

WHOLESALE DROPSHIPPING LOGISTICS:

Wholesale dropshipping logistics can be carried out by the mediums which are listed below:

●  THROUGH MANUFACTURERS

Carrying out wholesale dropshipping logistics through the medium of manufacturers can be expensive to carry out. Manufacturers are responsible for creating the products hence they require a minimum order purchase limit. Business owners need to purchase the products in bulk before marketing them to their customers.

●  THROUGH WHOLESALERS

Manufacturers manufacture the products and offer them to the public for sale where wholesalers and retailers buy them. Wholesalers purchase the products from manufacturers and offer them to retailers. They put their slight mark up and may or may not have minimum order limits. However, if you find a wholesale dropshipping supplier that is reliable and trustworthy you might be able to run a profitable business.

●  THROUGH RETAILERS

Retailers are usually the dropshipping companies that are hired by business owners to sell their products to their customers. In the process of wholesale dropshipping logistics manufacturers, retailers, and wholesalers all can be dropshippers if they agree to fulfill your orders on your behalf.

CONCLUSION

Every business idea and method has its pros and cons. However, with ample research and practice, all the discrepancies and shortcomings of a business model can be removed. It is better to first find a niche that is in demand and then carry out extensive market research. The next step is to find a reliable wholesale dropshipping supplier with a good reputation in the market through authentic resources.

Once you have found a good supplier the next and most important step is to follow up and stay updated about the whole fulfillment and inventory management process. You can never lead a successful business on autopilot mode.