Always consider the following when you are looking for a reliable dropship supplier to work with:
- Does the supplier put in your business name or their name in the order to be shipped to your customer?
- Does the supplier has an online system whereby they could keep your website updated promptly with the out of stock items as well as new arrivals?
- Does the supplier offer you enough margin to make on selling the products?
- Does the supplier ship out the orders quickly?
- Does the supplier deal with return and customer’s complaint quickly?
- Does the supplier offer a great variety of products to help you convert more customers?
- Are the suppliers selling the products themselves or are they just a middleman?
If your dropship supplier could solve the issues highlighted above, there is plenty of money to be make within the dropshipping market.
The key to having a successful dropshipping business is to find your niche- you have to find that key product that is going to add value to the customers life..but one that you have enough knowledge in if the customer has questions.
You have to find a product that is going to add value to the customers life but also a product that has a good profit margin. It is near impossible to find a product which you could buy cheaper than what are being sold on Ebay and Amazon. This is because a lot of the sellers on Ebay and Amazon buy in bulk and thus they save on shipping fee. For dropshipping, the product cost is not the key element in order to be successful. It is a good business model to build on your own brand, by leveraging on the products of someone’s else.
A dropship supplier who has been selling the same products on their own website would be better than someone who does not sell the products themselves. The supplier who is selling the products will understand the products very well and they will be able to give better advice to you when it comes to marketing and customer service.
Create a good website is the foundation of the success of your dropshipping business! Turnkeymaster.com provides e-commerce website which is fully configured and integrated with all the dropshipping products and information, shopping cart and your orders. This is a solution that provide quick response to your business whereby everything is seamlessly integrated. You do not have to place order with them when you have an order. All you need to do is just to click on the payment button and the goods would be shipped out to your customers straight away and it is that simple. You do not have to update new products by uploading it one by one but it will be done for you. You can learn how it works on What is turnkey solution.
After having your turnkey website, it does not mean customers would automatically come to your website. There are many ways you could sell or marke the products online but I would leave this to the next article. One of the simplest way to market the products if you have not learnt about any online marketing skills, is to create a free Amazon or eBay seller account and start listing all those products there. This method works great if you really don’t have any other better way or budget to promote your own website. However, this is not as scalable as using your own site. The reason for this is because on eBay and Amazon you are competing with thousands of other sellers and those sellers could be selling way cheaper than you, because they have the financial strength to buy in bulk.
In the end of the day, competing solely on prices would kill everybody as no one is going to make money. It is time to think from a bigger perspective how we can all add value to this supply chain, instead of removing value from it. It is time that we think about the customers really need and how you could connect and engage them better. No one likes to buy cheap products but everyone likes to save money. If you could offer them something which they think is worth more than the price, then they will buy it even if it is more expensive.
The objective of turnkeymaster’s turnkey solution service is to enable every resellers find their niche and market the products in a different way that adds better value to customers.
Written by Stephen Liew, CEO of JIOS Marketing