Using Dropshipping Suppliers to send products from their wholesale warehouses directly to your online customers is an extremely popular way to sell online. The main reason is because there’s virtually no cost to get started.
However, there are three critical dangers of drop shipping that will ruin your online business. You really need to know what you’re doing if you’re going to use Dropshipping Suppliers. This article will help!
Dropshipping Suppliers Dangers
Critical Danger #1: The wholesale price of Drop Shipped products is higher than buying them in bulk (several at a time).
This is not because the supplier is a scam. It’s because the Drop Shipper is doing the stocking, packing and shipping work for you. This costs money to do, which is why you are paying for that convenience. You need to learn how to price dropshipped products competitively in the right markets; otherwise you won’t make any sales.
It also starts with choosing the right products to sell in the right market. Learn how to pick the right products to sell HERE.
Shipping Issues
Critical Danger #2: You should only be using ONE Drop Shipper per online store.
If you use multiple dropshipping suppliers on your site, you run the very real risk of your Customers ordering products from different suppliers in the same order. The danger here is that since your Customer’s products are coming from different dropship wholesalers, they (or YOU) will be charged for shipping several times over. If this happens, you WILL lose the sale.
You can avoid this by using only one supplier per store, or set a flat shipping fee for every product regardless of where it’s going and where it’s shipped from. Another solution that others give is free shipping, but they actually raising the retail price to offer that. You should be transparent with your customers and charge a shipping cost. It’s standard.
For more information about Working with Multiple Dropshippers. Go HERE
It’s not an end all…
Critical Danger #3: Dropshipping is a low cost ENTRY POINT into a successful online business. It is not meant to be a permanent solution.
Most people don’t realize this, and don’t use dropshipping correctly in order to advance their business to more profitable stages.
You start with dropshipping as a low cost entry, but when products start selling well, you then buy those products in bulk and bring them in house for additional savings on the products at wholesale. The best part, you can still sell them at the same price, because they were selling at that price! More profit and that’s business growth!
Avoid Dropshipping Suppliers Scams
Critical Danger #4: This should actually be Danger #1. Make sure that you are working with REAL dropshipping suppliers and not a middleman or a pretender! A dropshipping scam is a quick way to ruin your reputation and business online.
Are scams still out there? YES! You will still find middlemen that will either charge you a monthly or annual fee for the privilege of selling “their products” and they almost always raise prices a little extra to also earn per transaction.
You should only work with REAL Manufacturers or Factory Authorized Distributors of the products they offer. You should only work with REAL wholesalers that own their own warehouses and have employees that ship orders out.
What WorldwideBrands.com Does
Guess what? You will always find that here with us at WorldwideBrands.com! A REAL Directory of REAL Wholesalers that will sell at wholesale prices to retailers that sell products online.
We are not a middleman. We aren’t offering a place to BUY products. It’s a Directory of Wholesaler information. You are paying for our service of over 20 years of looking for new wholesalers and dropshippers that work with online retailers, verifying them and adding their contact details to our Directory.
Our members search the Directory to find wholesalers they want to work with, and they will then connect to those Suppliers directly. We do not get in the middle of the account setup process and in fact.. WE DO NOT EVEN KNOW WHO OUR MEMBERS WORK WITH!
We charge a one time fee for lifetime access to our Directory of legitimate wholesalers. Pay once. Access forever. And you will always get all the new supplier info we add too!
If you aren’t a member yet, check out what the Directory has to offer!