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What YOU Must Know About The Advantages And Pitfalls Of Dropshipping
The following may be the most important information about dropshipping you will find. Dropshipping can be a great way to get started with your online venture. Just be careful to make sure that you know the quality of the product your supplier offers, what their shipping policies are, and their reliability. Your reputation is on the line with your customers, not the dropshippers reputation. You must be able to stand behind your product and service no matter what the source. Make sure to order at least one of each of the items you would sell via the dropshipper. This gives you several things: - It will show you the quality of the products. This is very important. You don't want to offer a product and have your customer receive something that is low quality or obviously not worth the money. - It will show you what the packaging is like. How well is the product protected during the shipping process? Is it likely to break or arrive damaged due to inferior shipping or packaging? - You can see first hand who they shipped through and how long it took for the item(s) to arrive. There are many advantages to drop shipping. 1. When you are first starting out, capital may be an issue. With dropshipping you can get around that by selling the product first, collecting the money from your customer, buying from the dropshipper, and keeping the profit. Although your profit may not be as high as it would if you had purchased the products in bulk beforehand, it is still a profit that can get you started. 2. Another advantage is you don't have to have products stored around your house. 3. You don't have to worry about being stuck with inventory that you cannot sell. If a product doesn't sell, you can simply drop it from your offering and go on to other more sell-able products. 4. You can find and sell more items since you don't have the limitations of on-hand inventory. If you are considering dropshipping to get yourself started you must also consider the *potential pitfalls*: 1. You will get a price break from a dropshipper, but it is often not as low as you could get from other avenues. Be careful to make sure that you have a product that is quality and the price point for you is one that will ensure a profit for you when sold. This is especially important if you will be selling via auctions. Auctions tend to sell new products for 25-30% below retail. If your price is not good enough, you could loose money on an auction. 2. Make sure that the dropshipper gives you a good shipping and handling fee. They have lots of shipping and get a very good price on it themselves. If shipping and handling is high, something is wrong. 3. Don't pay a 'fee' to do business with anyone. You are giving them business by buying product from them. If they want more money for your having the privilege of doing business with them, you know this is not a company that you want to even consider. 4. Find out how the dropshipper handles problems. If you have a customer return, how will they handle it. What kind of support will they give you. 5. Get references for the dropshipper. How long have they been in business and what is their financial standing? Check the Better Business Bureau. Google their company name to see if there are any complaints or problems you might need to know about before making the decision to do business with them. If you are ready to make the dropshipping model your own, jump right in. Take these points into consideration, but don't let anything stop you. Be as informed as you can though, continue to learn and find out all you can about those you do business with. The road to success is not always a smooth one. Can you avoid more of the pot holes, it makes the ride much more enjoyable? Copyright (c) 2005, Melanie Burns -- All Rights Reserved Worldwide Melanie Burns has passion and dedication to assistingYou to make Your Internet Business a Success!Join the weekly "Abundant Success Online" newsletter,mailto:aso-subscribe@internet-business-how-to.com (Permission to reprint this article in its entirety including byline, is expressing granted.)
MORE RESOURCES: Three years later, the Sheriff’s Office resumes auctions for 1,000-plus tax-delinquent properties The Philadelphia Inquirer GWS Auctions Reps Say Priscilla Presley Had 'Very Clear' Recollections of Elvis Memorabilia - PEOPLE Miura Mania at the 2024 Monterey Auctions Hagerty Media Mecum Auctions continue at the Farm Show Complex in Harrisburg WGAL Susquehanna Valley Pa. Mansfield Memorial Museum plans online auctions as it restructures to all-military museum Mansfield News Journal Nicolls and Auctions 2 Oil City Derrick Show and sale: 4-H'ers present their animals at annual Genesee County Fair auction The Daily News Online The Auction Place LLC holds ribbon cutting ceremony SalemNews.net NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790892 ttownmedia.com Iconic TriBeCa Penthouse Goes To Auction: Concierge Auctions Presents A New York City Treasure Travel And Tour World Auction of controversial African art collection in Houston again halted by 11th-hour court filing Houston Public Media Mesa County Fair livestock auction surpasses $1 million Grand Junction Daily Sentinel From Heisman Trophy to SUV, O.J. Simpson property auction approved to pay off civil claims Los Angeles Times NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790895 Leader Publications NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790902 Carroll Daily Times Herald NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790892 NBC Right Now NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790899 Leader Publications NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790894 Islander News.com NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790902 NonStop Local Billings Camp to be sold at auction huntingdondailynews.com NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790899 NonStop Local Billings Some Elvis Collectibles Recently Sold at Auction Could Be Fake, Graceland Execs Allege - Robb Report TRF Holds 'Stallions for Second Chances Halter Auction' Thoroughbred Daily News South-Central Pennsylvania man is one of the top auctioneers in the country WGAL Susquehanna Valley Pa. Selected Western livestock auctions Capital Press OJ Simpson's items can go up for auction, judge rules Fox 5 Las Vegas NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790898 NonStop Local Billings Las Vegas judge allows O.J. Simpson estate to auction off memorabilia KLAS - 8 News Now TRF Announces Stallions for Second Chances Auction BloodHorse.com NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790899 Starved Rock Media VIDEO | Raucous bidding at Washington County Fair Jr. Livestock Auction washingtoncountyinsider.com NY: Maradona, Michael Jordan and Kobe Artifacts Highlight Sotheby’s Sports Week Auctions - 54790891 NonStop Local Billings Boone County 4-H Livestock Auction brings in the cash Lebanon Reporter Whole Lotta Land ~ McGuffin donates lot for Super Auction Citizentribune Stunning Three-Story TriBeCa, New York City Penthouse Heading to Auction via Concierge Auctions EIN News More defaults, and perhaps auctions, for Mattson-owned properties in Sonoma Valley The Santa Rosa Press Democrat Hermann Historica: Fine Antique and Modern Firearms. Auction results from 10-11-July all4shooters.com MyRacehorse Launches Online Auction Fund for Aftercare BloodHorse.com Michael Jackson’s Signed Drawings Set for Auction in Los Angeles Hollywood Reporter WWE Hall of Famer Ric Flair Reacts to Match-Worn Jungle Robe Being on Sale at Auction Bleacher Report Kevin Spacey's condo in Baltimore sold after auction WBAL TV Baltimore Watch Presented To Joe DiMaggio Honoring 61-Game Hitting Streak in 1933 Now at Auction Sports Collectors Daily Graceland Questions Authenticity of Elvis Presley Memorabilia Sold by Auction House Hollywood Reporter Heartland Motorsports Park says auction canceled, 'pre-auction offer received' The Topeka Capital-Journal Selling to the highest bidder: Raleigh mansion with a Russian criminal history Raleigh News & Observer Support the future of woodworking at the IWF Silent Auction woodworkingnetwork.com Ultra-rare NES Gold Nintendo World Championships cartridge auction sits at $77,000 — one of only 26 ever made Tom's Hardware Iconic ’80s Billboard Star Angelyne Lists Her Used Undies For Sale In Auction To Fund Her Own Film Daily Caller Poland: RES Auctions Timetable 2024 Clyde & Co One-off 2025 BMW M5 heads to Monterey Car Week auction Motor Authority Dover Shoney's restaurant, the last in Ohio, to close and be sold in online auction - Times Reporter |
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