Drop shipping is a retail strategy wherein the seller does not keep the products that it sells. Instead, as soon as a buyer makes the purchase, the seller purchases it from a third party and has it directly shipped to the buyer. As a result, the merchant never sees or handles the product, but gets to keep the money. There are many benefits of drop-shipping over traditional retails. There is no inventory to manage. Less capital is required. It is easy to get started as you do not have to worry about warehouses, packing, shipping, tracking inventory and handling returns. And it can be done completely online.
People claim that making $10,000 per month by drop-shipping on some major platforms like Amazon, eBay or even your own website is something that is possible within 6-9 months of starting from scratch. Thinking about it, you probably just have to sell 7 units a day for $50 profit each and that's possible for big budget items. Moreover, with the advertising networks on these big sites, it is easy to be noticed, and if you offer really good service, fast processing and custom care, the buyers will be coming again.
However, not all is great about drop-shipping. Among the major disadvantages is the low-margin and the liability of taking on supplier errors since you do not control the shipping part of the process.
Wholesale Central may not have a great site, but they do have categories that you can filter through. You can also find businesses that are closer to you geographically, leading to a more trustworthy partnership.
Sunrise Wholesale With Sunrise, you can either setup your own shop via Shopify or Bigcommerce, or you can establish a store on Amazon or eBay. They take care of the shipping and handling of the order.
eSources They have a huge repository of verified suppliers globally -- Over 140,000 verified suppliers from the UK, USA, France, Germany, Italy, Spain, Ireland, Canada, Hong Kong, China, Australia and more
Help us create more concise and informative content and keep it free of paywalls and advertisements!