Dropshipping is an unconventional method of retail business. Contrary to popular belief, the concept of dropshipping business is not too old. It has been in use for quite a while. Items that were sold through ads on the TV and radio often used dropshipping.
The use of dropshipping can be found in both brick and mortar and ecommerce businesses. Brick and mortar businesses often use dropshipping for larger items like furniture and equipment to avoid transport costs. Ecommerce big names including Zappos, Wayfair, and Fab and Gilt had used the same model in their earlier days.
In the past, it was not easy to open up a retail store. It requires an impressive amount of capital to lay the foundation of your retail business. The owner had to find a supplier to buy items in bulk from them. The items developed the inventory but reasonable space or warehouse was needed to store it. Furthermore, one required a franchise or storefront to sell the inventory to the customers. This storefront could be both online or brick and mortar.
Dropshipping is not established without capital but it still eliminates certain additional costs and hassles. With dropshipping, you don’t need to store inventory so you save considerably by having not to buy any warehouse or storage place. You can invest in an online or physical store to take orders for what you want to sell through other retailers and manufacturers.
Before you plan to launch your own dropshipping business, it is suggested to learn its fundamentals. After you have a good understanding of how a dropshipping business works, you can prepare to launch your own. During your preparation, you will have to complete certain steps to establish a reasonable business.
A dropshipping business may not be like traditional business models but it requires the same commitment and dedication. It is wrong to expect an impressive amount of earnings in a short while. Just like any other business, you need to be patient with this one as well. When launching a new dropshipping business, keep your expectations realistic and keep a reasonable amount of investment in mind.
Apart from financial investment, you also need to invest precious time in a new dropshipping business. The more time you give to it, the better chances you have at excelling. In fact, experts believed that investing time is more important than a hefty stack of money.
With proper time invested, you will have access to learning about how the business works in a practical world. You will have time to identify the crucial aspects of the business and learn about managing the ups and downs.
Time also allows you to connect with the customers. You will eventually have a better understanding of the target market and develop solutions accordingly. You will be able to separate profitable ventures from those that don’t have any financial significance in the long run.
It is obvious that apart from time, a dropshipping business needs the right amount of initial investment. However, this is just a requirement. The more important aspect of building your business from the ground up is you. Instead of depending on marketers, developers and other business partners, in the beginning, make yourself the main part of the business. Of course, you can’t carry the entire heavy lifting on your shoulders but you must take part in every aspect. Make sure you are up to date with all the elements invested n your business.
Here are three common structures upon which you can start your dropshipping business:
This is the simplest structure you can use. However, since you are the only one responsible, it can create serious risks in terms of personal liability. On the other hand, the paperwork involved in a sole proprietorship is fairly minimal, earnings will be reported on your personal taxes and no federal business filings are required. In case your business fails or gets sued, your personal assets will be at risk.
In this structure, your dropshipping will be established as a separate legal entity. This will provide a bit more protection in terms of personal liability as compared to the previous structure. It is not entirely safe but better. You will also need to handle additional filings, and pay the incorporation and ongoing fees.
C corporations offer a good amount of protection for personal liability. However, they take more investment to establish and use double taxation as well. The reason is the income that does not pass directly to the shareholders.
The question is what structure is the best way to begin your dropshipping business. To have more accurate answers, it is suggested to consult a lawyer, an expert in dropshipping business or someone who is already running one. In general, the LLC structure is a better bargain for personal liability protection and provides more freedom for personal finances and costs.
Dropshipping business also depends on your relationships with wholesalers, suppliers, manufacturers and other retailers. You may not be responsible for storing the inventory but your orders can’t be successful without reliable dropshipper partners. In the beginning, you will have to conduct a research to identify partners that are most likely to work well with you. It is significant to stay safe from scams. Find authentic and well-established partners that have the ability to fulfill the orders coming through you effectively and on time.
Dropshipping is not to be taken lightly. Despite less hassle as compared to traditional retail models, you can’t find success overnight. You will have to stay persistent in the initial phase to find strong roots in the industry. Over time, you will be able to form strong relationships with wholesalers, suppliers and manufacturers. Moreover, you will eventually have a client base to create a constant inflow of orders. With patience and a learning approach, you can find your way to successful and profitable dropshipping business.
Today we added a new supplier of iPhone cases to wholesale2b. The DPOWER CASE supplier is specialized in producing mobile accessories.
The iPhone plastic cases are made only from high quality, tough and flexible plastic.
The cases are engineered to offer protection for your device from the tests of time and nature, while Cutouts in the liner and soft touch button covers allow access to all of your phones ports and functions. The cases will not interfere with your phones reception.
Start selling these cool and unique looking iPhone covers on eBay and Amazon or to your friends using your social network.
To view these new products, please login o your wholesale2b account and click on the link in the blue announcement box or click on the top menu Dropship Suppliers from your account.
Today we added 4,013 items from the supplier DiecastDropshipper. They are a wholesale distributor of die cast model cars and trucks. We are dedicated to providing our customers with an opportunity to expand their business by utilizing an incredible selection of high demand items we stock in our warehouse.
Today we also added 14,495 products from the supplier Honestgreen. They are a leading online distributor of natural and organic health, wellness, and green living products.
Today we also added 16,327 products from the supplier Honeys Place. Honey’s Place is your wholesale sex toy distributor for sex toys, adult novelties, lubricant, lingerie, home party supplies, and bachelorette party supplies.
Today we also added 3,402 items from the supplier olympiasports. They have been manufacturing and distributing athletic, recreation, exercise and physical education equipment since 1954. We have 4,000 dealers coast to coast. Don’t miss out on your chance to start your own business.
If you ever wondered how you can earn an income with Amazon, then you have landed on the right article.
Amazon is considered one of the top shopping marketplaces on the web. In fact it’s scaled on the same level as Google but for products instead of web searches. When you think of a “product search” the typical person will head over to Amazon for comparing prices and reading reviews on products, and ultimately will make a purchase from Amazon.
Amazon is considered to be one of the best companies in the United States. This rating actually comes from buyers themselves and according to recent index scores, Amazon is the #1 place where buyers believe they are getting the most satisfaction from their shopping experience. All this positive vibe is a true indicator that shoppers just love Amazon so why not take advantage of this fabulous website to start your own Amazon At Home Job.
The great thing about Amazon is that they already have a great reputation, and their website already gets millions of hits every day, so that alone is a major milestone for anyone wanting to use Amazon for an online job.
HOW CAN I HAVE A JOB FROM HOME WITH AMAZON?
As you know, Amazon sole purpose is to sell products however did you know that most of the sale made on Amazon don’t ship from their warehouse? Many of the sales made on Amazon are actually packed and shipped by suppliers that do drop ship which is a perfect fit for people like you that want to sell products on Amazon, but don’t have a warehouse nor the capital to buy tons of wholesale prices. When you use drop shippers, you basically act as a selling agent whereas you take on the responsibility of selling the products at the price of your choice, and the supplier takes on the responsibility of shipping the product to your buyer for you. This offers tons of people a chance to sell legitimate branded products without having to pay anything up front, and earn profits on each sale using Amazon.
Now this sounds all good, but you still need to find good suppliers with good products, and overcome issues like keeping the inventory up to date in your Amazon account, and figure out how to open an Amazon account as a seller, and how to import those drop ship products to your account.
Thankfully there are solutions out there for you that can offer you everything you need in a nicely packaged service. I am referring to the Wholesale2b Amazon Dropship Plan which includes absolutely everything you need to get started.
The Wholesale2b Amazon Dropship Plan includes everything you need (except the amazon account of course) to help you create your own at home job for Amazon. What could be better than being your own boss and work the hours of your choice, and leverage from the success of Amazon to achieve this.
If you wish to read more about the Wholesale2b Amazon Dropship Plan, please click here
Wholesale2B is dedicated to providing its members with connections to reliable and reputable whole sale partners that can drop ship products straight to your buyers. Before we welcome a new wholesaler to our circle, we check their background to ensure that they live up to our high standards of excellence. Although we already had over 100 wholesales offering over 1.5 million in-demand products, across hundreds of categories—we are always looking for more. On December 1, 2016, we welcomed 3 new wholesalers to our Wholesale2B inner circle! You can now access these new products directly from your wholesale2b account without the hassle of dealing with any suppliers.
If you offer trending fashions and accessories in your online store, you now have close to 3,500 new products to choose from with CCWholesaleClothing. Offering you rock bottom prices on closeout clothing, lingerie, shoes, beauty products, and more! And if you are looking to add more figure-flattering, and on-trend plus size fashions to your website—CCWholesaleClothing has exactly what you need.
ShenMart’s current selection of 355 products is small but mighty. Here you will find access to designer clothing and trending fashions at rock bottom prices. In the coming months, we expect to see their drop ship products grow to over 1,000 clothing, fashion, and accessories. They stock their local warehouses with international fashions, meaning you can offer your customers something truly unique.
Leather never goes out of style, which is why we are excited to announce the addition of LeatherSkin! If you are looking to add timeless leather jackets, handbags, bracelets, and accessories to your product line—LeatherSkin has over 150 options to choose from—and counting.
Even if fashion is not your primary product niche, there is always a time and a place to include fashion and accessories in your drop ship store. A few ideas to consider include:
With our built-in, easy search features—you can search for new products to add to your store by wholesaler, best-sellers, by profit margins or by the specific items you want to add to your online store. And don’t forget that our wholesale partners update their inventory on a daily or weekly basis, meaning that you can (and should) always keep an eye out for new products as new products are added automatically.
Wholesale2B is proud to welcome our 3 new wholesale partners! Please take a few minutes to browse their impressive product selections. You can find the links to these new suppliers from your wholesale2b dashboard page.
Enjoy these new products!
Boost Your Online Business Sales in This Holiday Season
Holiday is now fast approaching. For sure, many individuals are now starting to plan their shopping list. Even more importantly, they will definitely find the best store where to buy their valuable items and start placing orders soon so now is a great time to kick start your new online business.
Whatever your online business is, whether it is for eBay, Amazon, or your own e-commerce website, you can make it as your independent money making engine during this holiday season.
Helpful Suggestions on How to Have a Profitable Online Business
In this fast paced world, online technology has been a big part in the daily lifestyle of people of all ages having different walks of life. Furthermore, busy individuals do not have enough time to go to the malls to buy their gift items and prefer to use the internet to find and buy holiday gifts.
With the help of Wholesale2b, you can get into the business of selling goods online very quickly and reach high degree of sales with your online business.
To get started, head over to wholesale2b.com and signup for a free account. Then choose a dropship plan of your choice and start selling immediately.
Holiday season is the right time for you to level up your online business. You just have to believe in yourself and you will surely meet your goals in the online business industry.
Anyone who wants to start an online business will instantly think of Shopify which is considered to be one of the best e-commerce shopping cart attracting a massive number of sellers looking to build a website to sell their products.
Now keep in mind that Shopify offers a shopping cart software and hosting for your website only. They don’t offer any products for you to sell. For this you will need to choose products from drop shippers and pay them as you get new orders.
Benefits of Drop Shipping
The main benefit of using drop shippers is less up front capital needed to start your business. Typically, retailers need to tie up big amounts of money buying inventory and warehousing the products. Through drop shipping, you do not need to buy an item unless you made the sale and paid by the client. Without huge up-front inventory investment, it is likely that you can begin a thriving dropping business with small amount of money.
How to Dropship with my Shopify Store?
If you are one of the many people out there asking the same questions ‘how to dropship from my Shopify store”?, then you come to the right place. I will teach you the best way to dropship from your store very easily.
Please use the URL below for Instructions on how to link your Shopify store with drop shippers
You will have a 7 full days. And that’s it. All you need to do is to start building your list.
Here are more useful links with easy guidelines on how to dropship from your Shopify store
How Do I Process My Dropship Orders From My Shopify Store
Managing Shopify Products From Wholesale2b
Link Your Shopify Website With Drop Shippers
How To Add Products To Your Shopify List
How To Remove Products From Your Shopify List
How To Cancel Dropship Shopify Plan
Today we added a new feature to our BigCommerce dropship App to help store owners MAP their own categories to products offered by their chosen dropship suppliers.
As you know each supplier will provide their own category names which most often don’t match the category names that you have decided to use in your store. With this new category mapping feature, you will be able to rename the supplier’s categories to match yours so when items from your list are pushed to your BigCommerce store, your own categories will be used instead of the ones provided by each drop shipper.
To access this new category mapping feature, just login to your wholesale2b.com account and click on the top green button BigCommerce Plan and then click on the link “category mapping” located at the top of your list.
On the next page you will find the list of supplier category names with a box next to each category titled “BigCommerce Categories”. In this box you can enter your own category name to replace the supplier category.
The category path will be separated by the sign “>”. For example if the supplier category name is “frgx men>Gucci” then this means that the parent category is “frgx men” and the sub-category is “Gucci”. Now if your store category on BigCommerce is name “Perfumes” instead, then simply enter “Perfumes>Cuggi” in the box and click SAVE.
The next time your list is imported to your store, the new category will be used and all related items will be moved under your store category.
Today we launched a new App for BigCommerce stores. BigCommerce is a major player for e-commerce stores so if you are using BigCommerce for your online store and you are loading dropship products to your store, then checkout our new App by clicking the banner below.
This new App will help you load thousands of products to your store from over 100 different dropship supplier. The App also includes automated daily inventory updates to your store so you won’t have to manually import files, or keep checking for inventory changes. The App will always keep your BigCommerce store in synch with the suppliers.
This App will even help you send orders to the suppliers with just 1 click so you can manage your products list, and your order fulfilment all from your wholesale2b.com account.
This month we added a new dropship supplier of furniture, lighting and home décor.
If you are a designer or if you are just looking for new products to decorate your house, then this supplier is perfect for you. You can resell these products on eBay, Amazon, Bonanza and target buyers such as designers or simple home owners looking for great furniture or great home decor ideas.
This supplier provides very low wholesale prices so anyone can easily compete with larger, more established counterparts. You can buy for yourself or places orders after you made a sale on eBay or Amazon.
TO VIEW THESE NEW GREAT DROPSHIP PRODUCTS, LOGIN TO YOUR WHOLESALE2B.COM ACCOUNT AND CLICK ON THE LINKS LOCATED IN THE BLUE ANNOUNCEMENT BOX.
HERE IS A SAMPLE ITEM FROM THIS NEW SUPPLIER