Use Wholesale Dropship Products to Supplement Ecommerce Sales
Did you know that you can use wholesale dropship
products to supplement ecommerce sales?
You can! For instance, if you have your own website, or are an eBay or Amazon seller, or selling on any other online venue, you can easily use wholesale dropship products to boost your bottom line and increase profits.
How does this work? Well, let’s say that you are selling fishing lures and are doing a great business with them. People who love to go fishing and buy your lures are also likely to buy other fishing related products.
But, instead of stretching your budget or maybe even taking out a loan to buy more and different inventory, you could simply find a wholesale dropship product source and choose correlating products to sell along with the fishing lures.
In this way, you could use bundling, cross selling or upselling sales techniques to make more sales.
The success of this plan will largely depend on the wholesale product supplier you choose. If you select one that charges you basically retail prices, there is no way you will make any money since you can’t buy for resale at retail prices and then turn around and resell for retail prices and have any margin for profit at all.
So, here are some tips for finding a good wholesale product supplier if you want to source supplemental dropship items for your ecommerce business:
- Be sure it is an established business, preferably a member of the Better Business Bureau. As fantastic as the internet truly is, the sad fact is that there are scammers who may take your money and run. So, check up and make sure the wholesale dropship product source you are thinking of dealing with is a well respected business.
- Be sure that the products supplied by the wholesale product source are high quality. The last thing you want to do is send people inferior, shoddy, poorly made items that are liable to malfunction. Your reputation would be ruined in nothing flat and your ecommerce career would be over due to all the adverse publicity this would get you. It‘s a smart idea to buy one of every product you intend to sell, so that you can see the quality and workmanship for yourself.
- Be sure the wholesale product source really does give you true wholesale prices. As mentioned above, this will be a huge factor in the success or failure of your plan to use wholesale dropship products to supplement your ecommerce sales. Paying too much up front will mean that you cannot hope to make enough of a profit on each sale to be worthwhile.
Using wholesale dropship products will be a boon to both you and your customers, since offering the chance to buy other products they need or want is a win-win situation of all concerned.
Thi8nk about what products you could offer your customers and then use wholesale dropship products to supplement your ecommerce sales!