Reliable Wholesalers Are Essential For Success

By Author: peter
Total Articles: 20
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Wholesalers, from whom you source your goods for your online dropshipping business, hold the key to your success. Many people are now turning to the online business of reselling dropship products because it does not involve much investment and there is no need to create an inventory of goods. All that is needed is to register with an online portal like EBay and post your products on it.

When you get an order, you just have to pass it on to the wholesaler who will deliver the goods as directed by you. The payment from your client will be received by the online portal and passed on to you after adjustment of charges. You can then pay your supplier on the agreed rates and terms.

It seems so simple and an easy way of making money, but is it really so? If you are not careful about certain aspects of the business, the whole thing might boomerang, leading to financial and credibility losses. Given below are the areas where you have to be vigilant in order to succeed in the business of wholesale clothes or other items.

Identifying the Products

As in the case of any other businesses, it is most important ...
... to identify the products that you would like to deal in. You will have to do thorough research to find out which products are most likely to sell easily and would be available without much difficulty. Cost analysis would also have to be done to find out the prices at which you can get the product and the likely sale prices in order to assess whether the amount of profit would justify your efforts.

Finding a Reliable Drop shipping Source

The most important aspect of this business is to find reliable wholesalers for dropshipping in UK. Suppliers should be selected after getting recommendations from others who are experienced in this field. Free or paid-for lists of wholesalers are available on some websites but such information might be obsolete or inaccurate or might relate to some dubious suppliers. It is therefore advisable to select a reputed website that provides a wholesale directory which will give reliable information regarding suppliers in the wholesale dropshipping business.

Having selected a few seemingly reliable suppliers who deal in the products that you are planning to sell, it would be necessary to check their contact details to ensure that their physical location address, email details and phone numbers are available on their website. Physical verification of this information will assure you of their reliability.

You should also check their track record regarding customer service because in case there is a complaint from your client, the supplier should respond immediately and address the customer’s concerns. Most businesses are not successful because they do not provide proper after-sales service and this is what should be the predominant concern while selecting wholesalers.

When you choose a dropship supplier based on the above considerations, you must ensure that all prices and other terms and conditions of business are properly stated and understood by both parties. Your responsibilities for proper execution of the business deal with your client are different from the responsibilities of the chosen wholesalers towards you.

You should also make a thorough assessment of whether the potential supplier has sufficient stocks of the products that you plan to sell and also ensure that the supplier is not merely a middleman posing as a supplier.

Such wholesalers, who are actually middlemen, will place their orders with the real suppliers after receiving their orders from you and in this process there will be an inordinate delay in executing the order leading to financial loss and a dent in your credibility.

It is also essential to make sure that the chosen wholesalers, such as those dealing in wholesale clothes, do not supply fake goods such as fake designer clothing at unbelievably low prices. Before making the final selection it is necessary to go through reviews and comments about the supplier’s company in forums and blog pages of other dropship resellers.