I believe I have earned the right to refer to myself as an authority on this issue as the owner of a prosperous company that dropships for more than 300 websites globally. Of course, there are many wholesale dropship vendors available online. Still, before you join up with one and begin adding their products to your website, you should educate yourself and have a general concept of what is excellent and what is not.
You first need to choose the kind of online business you want to run because a quick internet search will turn up dropshipping suppliers usa everything from dog clothes to gadgets. Once you have established that, ask the following crucial questions:
Is there a yearly or monthly charge?
Some wholesale dropship vendors may charge a recurring fee that can be anywhere from $99 per year to $19.99 monthly (or around $240 annually). Although it may not seem too expensive, keep in mind that you will still have to pay the fee even if you don’t make any sales. This cost might not worry you if you currently run a profitable online business and generate a lot of web traffic and revenues. However, this tax can harm your revenue if your internet firm is brand-new and you lack a track record. Therefore, I recommend avoiding recurring fees until your web sales are reliable.
What are the return guidelines?
Online sales typically result in a decent quantity of refunds and exchanges. However, you must ensure that the return policy of your business closely resembles that of your wholesale dropship supplier. You can get into trouble, for instance, if you allow exchanges after 21 days, but your supplier only allows them after 14. Similar to bulk dropship companies, there are those out there that will not take any refunds or exchanges for dropshipped goods. You need to decide if you want to work with those businesses.
Is customer support reachable?
What will you do once your internet business is up and running and you have a customer with a query that only the supplier can answer if your supplier doesn’t promptly respond to your calls or emails when you are just starting and attempting to gather information? Their subpar customer service will reflect poorly on YOU in your client’s eyes.
How much will shipping and handling cost?
The fee schedule must be clear and equitable. You may anticipate that practically all drop shippers will charge a few dollars in “handling” or “dropshipping” fees for each sale. Depending on the pricey things, this shouldn’t go beyond $5. More expensive things like televisions or stereos might be more significant.
This brings up the following query, which you now have to ask yourself:
How do you want to promote your online company?
Even if you have the best wholesale dropship provider, no one will buy from you if they can’t locate your website. Sadly, I see new online marketers make this error much too frequently. Far too many people believe that having a pretty website with plenty of fantastic things will bring in money. Nothing is more false than it is. 80% of the websites that sign up with my business for dropship services fail within a year! They invest much time and resources into their website but are not proficient in online self-promotion.
To help new customers thrive, as a wholesale dropship provider, our organization promotes an instructional tool that will show new online business owners how to market their websites. Whether you do it yourself or engage a third party, marketing will cost you time and money, so you need to set aside a budget. Anyone who tries to convince you otherwise is not being truthful with you! Our tactics have helped our business rank first for various keyword searches. Our strategies have produced results, and we are eager to divulge our trade secrets. If you’re not careful, you can pay a corporation thousands of dollars to guarantee you top search engine rankings, only to discover a year later that they haven’t delivered on their claim. Avoid letting that happen to your company.