No Negatives - Online Entrepreneurs Ensure Positive Cash Flows With Dropshipping!
In a traditional buy-and-sell business, you would have to buy first then sell the item.
If you bought nothing, you also have nothing to sell.
If you bought something, you may or may not be able to sell it.
If you cannot sell it right away, the item may be damaged or depreciate.
Either way, you lose money.
You get negative cash flows which place you on the road to losing your business.
This is where drop-shipping can make a difference.
It is a service that sellers of new products on online auctions usually avail of.
Basically, you sell a product and only buy it when somebody buys if from you.
As a retailer, you can purchase the item from wholesalers located near the buyer.
That way, the delivery time is also cut short.
It certainly sounds like a win-win situation, does it not? You eliminate the risk of getting stuck with stocks you do not need or cannot sell.
You make no advances on your sales, therefore, you have only positive cash flows.
The wholesaler gets new business and the buyer can get what she ordered in less time that it would have taken for you to ship it across the world.
There are numerous wholesalers who are willing to make these arrangements for you.
The key is to finding a reliable wholesale drop-shipping company in the right location.
This is actually the tricky part because you need access to contact lists or directories of wholesalers in different areas around the world.
Online, numerous continent-specific as well as aggregate directories are available but usually for a fee.
You may need to weigh the potential benefits with the associated costs of signing up with buyer and seller communities online.
The potential benefits should be based, not only on literature provided by the site itself but also from reviews and unbiased articles about the site you are considering.
Heads up for complaints about middlemen posing as wholesalers and distributors who are willing to drop-ship but who are delinquent in their deliveries.
Make sure you choose a wholesaler and distributor who have a good reputation.
Remember, positive reviews point to positive cash flows!
If you bought nothing, you also have nothing to sell.
If you bought something, you may or may not be able to sell it.
If you cannot sell it right away, the item may be damaged or depreciate.
Either way, you lose money.
You get negative cash flows which place you on the road to losing your business.
This is where drop-shipping can make a difference.
It is a service that sellers of new products on online auctions usually avail of.
Basically, you sell a product and only buy it when somebody buys if from you.
As a retailer, you can purchase the item from wholesalers located near the buyer.
That way, the delivery time is also cut short.
It certainly sounds like a win-win situation, does it not? You eliminate the risk of getting stuck with stocks you do not need or cannot sell.
You make no advances on your sales, therefore, you have only positive cash flows.
The wholesaler gets new business and the buyer can get what she ordered in less time that it would have taken for you to ship it across the world.
There are numerous wholesalers who are willing to make these arrangements for you.
The key is to finding a reliable wholesale drop-shipping company in the right location.
This is actually the tricky part because you need access to contact lists or directories of wholesalers in different areas around the world.
Online, numerous continent-specific as well as aggregate directories are available but usually for a fee.
You may need to weigh the potential benefits with the associated costs of signing up with buyer and seller communities online.
The potential benefits should be based, not only on literature provided by the site itself but also from reviews and unbiased articles about the site you are considering.
Heads up for complaints about middlemen posing as wholesalers and distributors who are willing to drop-ship but who are delinquent in their deliveries.
Make sure you choose a wholesaler and distributor who have a good reputation.
Remember, positive reviews point to positive cash flows!
