The markets are getting more and more competitive and understanding how pricing works is crucial for your success in selling dropship products. Wholesale2b is a source of Dropship products that guarantees lowest wholesale prices for drop shipping.
How many of you have decided to sell products online using drop shippers, but later found out that other sellers were beating your prices? In this article I will address this concern to help you better understand pricing when it comes to Dropship products.
These days more and more people are seeking Dropship services to start an online business. For those not familiar with drop shipping, this method allows you to sell products online without having to purchase products up front, thus relieving you of significant start up costs. You simply sell any Dropship products of your choice on eBay, Amazon or from your own website, and once you have collected a payment for the item you sold, you then pay the wholesale prices + shipping and keep the difference as your profit. You can decide on the selling prices and shipping so you directly control your profit margins.
Drop shipping is a great business model for those wanting to start an online business quickly with a very low start up cost.
Many newcomers to drop shipping give up too quickly as they expect to make sales immediately and are finding items selling for less than their Dropship wholesale prices on sites such as eBay and Amazon.
Wholesale2b guarantees the absolute lowest wholesale prices for drop shipping. This guarantee is supported by the fact that we provide all our members with the real names of all our integrated Dropship suppliers. This allows anyone to cross check Wholesale2b prices with the supplier wholesale prices for an exact match.
With wholesale2b.com, you are sure to get the lowest possible wholesale prices for drop shipping as well as the names of the best suppliers in the drop ship industry.
Having confirmed this, it is still possible that you may find lower prices on eBay or Amazon simply due to the fact that not everyone uses drop shippers when selling products online. While you may not be able to always compete with some of the lowest prices for goods, wholesale drop shipping still works and will allow you to earn steady profits by selling products at the average prices found online.
I will list a few reasons below as to why you may sometimes find lower prices online when comparing your wholesale prices with the average selling prices.
Some sellers get refurbished items and sell them “like new”. Of course, refurbished items are much cheaper than the real thing, but they usually don’t come with a one year warranty from the manufacturer.
Some sellers might be buying items in bulk and at a discounted price from large liquidators or wholesale distributors. In this case, the profits might be higher; however, the overhead cost is much more when compared to drop shipping. Buying in bulk is a totally different business and involves high costs up front as well as warehousing costs, and more. If you have opted for drop shipping, then I am assuming that you are doing so to avoid these high start up costs, so the reason speaks for itself.
Some sellers might just want to get rid of an item they recently bought rather than returning it to the seller for a refund. Many return policies have a 20% restocking fee on non-damaged items so reselling it on eBay might be a better choice for some.
Some sellers might be getting products from China for much cheaper, but those are usually replicas and not original. Those products can sometimes be hard to differ from the real ones, but as a rule of thumb, I usually stay away from these types of products. Many buyers prefer to pay a little more and receive an authentic item.
My advice is to always compare prices with the average selling prices you find on eBay or Amazon rather than comparing your prices with the absolute lowest prices. Many people make the mistake of deciding to avoid drop shipping for this reason, but the bottom line is that drop shipping has been around for many years and it is still very strong today. From our end, we can easily confirm this as we process orders for members each and every day, 7 days a week.
Don’t jump to conclusions too quickly. The notion of thinking that items won’t sell unless you sell them at the absolute lowest prices is a misconception. If this were true, you wouldn’t still find a range of prices for the same items selling on eBay and Amazon.
Drop shipping is certainly not for everyone. I often see people give up too quickly; however, those that persist can do very well. If drop shipping is something you have been thinking about, then simply give it a try and come up with your own conclusions. Most people that do well don’t brag about it and remain quiet, so you won’t read too many comments from those folks. They are usually too busy running their online business.
One of our top sellers recently said to me, and I quote, “If you know how to sell effectively, you don’t need to always beat the lowest prices.”
My final piece of advice is to be patient. Remember that selling online is just like any other business. It takes time and patience; however, the rewards can be great over time. Take your time and think like a buyer.
This will help you become a better seller.
To get started, head over to Wholesale2b.com and sign up for a free account to review all our wholesale and Dropship products.
After activating the Amazon Dropship plan, the first thing you need to do is follow the four steps mentioned on top of the “Amazon Dropship” page. You won’t be able to push any products until you have completed steps one and two. Simply click on the red square next to those two steps to complete the initial steps.
This would be step three in getting your Amazon list ready to be pushed. I recommend that you keep your list OFF until you have completed adding all the products you wish to push to Amazon and setting your price markups. There is no rush in getting items listed on Amazon, and I suggest that you take the time to build your list and set your pricing correctly. When adding products to your list, you simply need to click on the top menu “Amazon products” and click on the small Amazon icon located at various levels. If you click on the Amazon icon located at the supplier level, then all their validated products will be added to your list. If you click on the “browse” button to see the supplier’s categories, reach the “product list” page, and click on the Amazon icon located at the top of this page, then all items from that category path will be added to your list. You can also add single items only by clicking on the Amazon Icon on the “product detail” page of any given items.
Once you have added all the items you wish to sell to your Amazon list, I then recommend that you delete items between $0 and $35. The reason for this is simply related to your profits. If you are going to process your orders through wholesale2b.com, then based on past experience it is best to remove products below $35, as those items usually don’t yield very much profit. Of course, this is fully optional and this recommendation is simply based on my personal observation of sales. To remove items below $35, simply click on the small grey “delete” button located at the top of your Amazon list and enter the price ranges of $0 to $35 and click “save”.
The same concept applies if you wish NOT to sell items above a certain amount. For example, if you do not want to sell items above $500, then simply click on the small grey “delete” button located on top of your list, and enter the price range of $500 to $99999 and click “save”.
Your list won’t be cleared immediately; however, these items will be marked for removal, and will be removed from your list when you turn ON your list and submit it to Amazon.
Once you are happy with your list of products, it is time to configure your selling prices. If you skip this step, then our system will automatically use the suggested list prices given by our integrated suppliers. While these prices are realistic, they will most likely not be optimized to help you start making sales more quickly.
If you are a new seller on Amazon, then I recommend that you first start with small profits and slowly increase your margins over time. I have found that when selling on Amazon, once you get your first order, other orders follow quickly. For this reason, you should configure your prices to be attractive to help you get your first order. As you start making more and more orders, you can then edit your markup and slowly increase them to increase your profit margins. By increasing them slowly, I mean that you should add perhaps half a point or one percent.
To set your prices simply click on the “STEP #4″ button located at the top of your Amazon list. You will then see the list of all the suppliers with products on your list. Now you have the ability to configure your markups per supplier if you wish, or you can simply configure markups on one supplier and copy the same settings to all your other suppliers.
To get started, click on the small edit icon next to the first supplier on your list. You will then see several markup options. If you are new to selling on Amazon then I would recommend that you limit your choice to two of the markups offered, the “flat percentage” markup or the “tiered percentage” markup.
flat percentage markup
If you are focusing your list on items within a narrow price range, then this option is good for you. This flat percentage markup will represent the percentage increase on your wholesale price. For example, if you set your markup to 40%, then all selling prices will be set to your wholesale price + 40%. As you know, a 40% markup on a $10 item is very different when compared to a 40% markup on an item for $1000. This is why this markup method is only recommended if you are focusing your list on a narrow price range.
tiered percentage markup
On the other hand, if you are including items with a wide range of prices to your list, then this markup method should be your choice. With the tiered percentage markup option, you can set different markups on price ranges of your choice. You can set nine different markups for nine price ranges of your choice. All ranges need to be entered and no gaps should be left in between each price range. Here is an example of what you can do:
$0 – $10 = 120% markup
$10.01 – $30 = 90% markup
$30.01 – $50 = 51% markup
$50.01 – $60 = 45.5% markup
$60.01 – $70 = 44% markup
$70.01 – $80 = 43% markup
$80.01 – $90 = 41% markup
$90.01 – $100 = 40% markup
$100.01 – $99999 = 35% markup
Of course the numbers above are examples only. You are free to set the price ranges of your choice as well as the markups of your choice. This method is allow you to fine tune your markups more precisely.
Don’t forget to tick the checkbox at the bottom of the markup page to copy the markup settings to all your other suppliers. This will help you avoid having to re-enter the markup for each supplier on your list. You can then edit the products per supplier if you wish or simply keep them all the same.
Now that you have set your markups, you will need to check your list to make sure that you will earn a profit on each item. This can be somewhat challenging, since you need to take into account the Amazon fee, which is usually 15%, as well as the wholesale2b fee which is $2.50 per order + 3%. Again, you can avoid this fee by processing the order yourself manually, directly with the supplier.
To review your profit or losses on each item, simply go back to your Amazon list by clicking on the top green button “Amazon plan” and click on the small grey button “show estimated profits.” You will then see either a GREEN number or a RED number next to your Sell Price. A green number will indicate the estimated profit that you will make on that item, and a red number will indicate a loss. You can then click on the “Step #4″ button to make adjustments to your markups to either increase or lower your selling prices. If you see a red number, then you should slightly increase the markup for the price range of that item. If you see a green number that is too high, meaning a very high profit, then you can simply lower the markup value for the price range of this item. Remember, at first you don’t necessarily want to aim to very high profits on each item. Your first goal is to attract buyers with realistic prices and yet competitive prices as well.
Once you have made all the price adjustments needed, you can then click on the small grey button “show negative profits.” This will trigger the list to only show items with negative profits. This will make it easier for you to do your final markup adjustments. Alternatively, you can also decide to change prices on the item directly rather then changing the markup by clicking on the small EDIT icon next to the “sell price” amount. You can consider that you are done with setting your prices once you longer see any items when clicking on the grey button “show negative profits.”
Please keep in mind that the profits are estimates only. You might have to make further adjustments when you start getting sales in, so making price changes or markup changes will be an ongoing process until you have made a few sales.
Although we provide the option to let you increase or lower the shipping costs using the same markup methods, I personally do not recommend making any changes to your shipping costs. If you do not make any changes, then you are sure that the shipping costs charged to your buyers will be the same that you will pay wholesale2b to process your orders. You should also remove any shipping configuration in your Amazon account and let your Amazon list from wholesale2b decide which shipping costs to charge.
We realize that free shipping is always an attractive option for buyers, so we have included an option to quickly allow you to combine the shipping cost to your selling price. As a result, the shipping price sent to Amazon will be $0 and your selling price will be increased accordingly to compensate for the difference. To apply this option, simply click on the small grey button “options” at the top of your Amazon list and choose “yes” and click “save”.
Now that you have completed all the configuration steps, its time to turn ON your list and push your items to your Amazon account. Simply click on the “off” link next to the “List Status” on the top left corner of your list and choose “on” then click “save”. Your Amazon list will then be active and will be pushed every night with daily updates. If you wish to push your list immediately, then simply click on the link “Submit list now” located on top of the “List status”. This will trigger your list to be pushed immediately, which will take about 30 minutes, after which time you should see your products in your Amazon account. You do not need to click on this link to send updates to Amazon. Your list will be automatically pushed every night to Amazon so items will be converted to “out of stock” and to “back in stock” whenever changed.
Amazon will send you an email when you make a sale. You will also receive an email from your wholesale2b account alerting you of a new sale.
To process your order, simply login to your wholesale2b.com account (not Amazon) and click on the top menu “Amazon Order History.” You will see your list of new orders on this page. Click on the order number to see the “order detail” page.
Here you need to compare the item from wholesale2b with the item from Amazon to make sure they are the same. Our system already validates UPC codes with ASIN numbers from Amazon; however, there is a small margin of error, so this step is simply to make sure that you have sold an item that matches the UPC. Then, go back to the “Amazon Order History” page and click on the link “order now.” On this page, you will see the wholesale price + shipping + fees. Simply click on the “next” button to complete the checkout steps and make your payment on the very last page. You won’t have to enter any details. The order details will already be generated for you, including the shipping address and the item(s) ordered. Simply click “next” until you reach the final payment page, and then complete the payment. This will trigger a new internal order in our system and our order fulfillment team will then process the order with the corresponding supplier for you.
Once the order is shipped, we will pass on the tracking code from Fedex or UPS to your Amazon account for you as well so you won’t have to worry about any delays in getting tracking codes quickly to Amazon. Amazon will then mark your order as “shipping” and they will deposit your funds directly into your bank account according to their deposit schedule. This represents the end of an order cycle. As you can see, with Amazon you need to pay for the item up front before getting your money from Amazon. If you don’t have enough funds up front to pay for the order, then what you can do is simply use your credit card to pay for the order, and refund your card once Amazon deposits your funds to your bank account.
Today we added over 15,000+ new dropship products from 2 new good drop ship suppliers. At wholesale2b we add new products from new dropship suppliers on a regular basis. You will always have access to our entire catalog of dropship products with any of our dropship plans.
1. Supplier Safetytechwholesale
This supplier provides drop shipping for Non-Lethal Self Defense Products, Hidden Cameras, and Surveillance Equipment.
2. Supplier Siskiyougifts
This drop shipper provides drop shipping on Distinctive gifts and collectibles for the fans of the major sport teams. Including products for College sports, Soccer, Nascar, MLB, NBA, NFL, NHL and PBR.
You can easily sell these products on Amazon, on eBay or from your own website and make good profits on each order
To view these new products follow the links below:
1. Login to your wholesale2b account
2. Click on the two links below:
3. Activate a dropship plan and start selling!
It’s very easy to get started with your dropship business using wholesale2 services. We provide everything you need, from eBay and Amazon listing tools, to turnkey websites loaded with products to custom data feeds ready to be imported in your favorite shopping cart such as shopify, bigcommerce, zencart, yahoo store, and many more.
Today we added a new supplier of hand made jewellery called Calicojunodesigns.
Calicojunodesigns offers over 2,925 hand made jewellery from a studio in New York. Many of their jewellery can be made using various stones of your choice and you can also choose to use either GOLD or SILVER.
The very good thing about hand made products is that they never run out of stock!
To view their products, login to your wholesale2b account and click on the left menu USA SUPPLIERS and locate this new supplier on the page. Then click on the far right icon to browse their products.
We hope you enjoy these new products.
Today we added a new dropship supplier named CatalogDog. Catalogdog is a leading pet products distribution company delivering high-end treats, toys, equipment, and services to it’s clients.
To view their products, login to your wholesale2b account and click on the left menu USA SUPPLIERS and locate this new supplier on the page. Then click on the far right icon next to this supplier to browse their products.
We hope you enjoy these new products.
Why Should I Start a Dropship Business from Home?
Ready to ditch the office? Now that you have your free wholesale2b.com account, you are one step closer. But why should you consider starting a dropship home business? In this article, we will talk about the many different ways that a dropship home business can help you to live the life you have always deserved. We will also talk about just how wholesale2b.com can help you to get started.
A Real Living
Working 8-5 is a bit of a drag. In this current economy, lots of us find ourselves working a lot more for a lot less. But a dropship home business can change all that. You can finally make a real living by working from home. There are no catches, no schemes, and no scams, here. All you have to do is have a passion for selling quality products online. A home business can have low overhead, and is so simple that nearly anyone can do it. With wholesale2b.com, your running dropship business can be easier than you ever dreamed.
Do What You Love!
Have a passion for serving others? Do you wish you could put your sales acumen to use? If so, you should consider a dropship home business. All it takes it a bit of sales and marketing know-how. You can run your business completely online! We can even help you run a business through popular retail sites like Amazon or EBay where you may already be selling. Wholesale2b.com has already helped many others live their dreams. Now you can, too. Best of all, you can also have more free time to spend with loved ones, or on other hobbies, entirely. You can set your own hours, and work when it is convenient for you.
Affordable plans with wholesale2b.com mean that starting a dropship home business is simpler than ever. Whether you already have your own webpage, or just plan to keep selling through an Amazon or EBay account, we have a plan for you. We can even create a website for you loaded with products. All you need to do is choose your domain name, and we’ll even buy that for you as well!
High Demand Items
Wholesale2b.com provides high quality items that are in high demand. This means that you may find selling items as part of your dropship business easier than what you are currently selling. From electronics, to jewelry, and more, they have a huge stock. Just select what you want to sell from your wholesaler. Then, get started. Wholesale2b.com offers some of the most popular items available online today. With just a bit of marketing, you can see these items really sell for you. All you need is an effective marketing scheme.
No Need for Storage
One of the biggest reasons you should consider a dropship business is because you can sell all these exciting items without having to store them. Instead, your wholesaler does that for you. They also handle shipping. This makes is easier for you to maintain your current business or home space without needing additional room or storage for stock. If you already run a store, this could possibly save you even more. Gone are the days of needing large storerooms, stockrooms, or showrooms. Instead, you can sell the majority of your stock online. Plus, you can open stores on some of the most popular shopping websites online in just a snap.
The process for activating a dropship plan with your wholesale2b.com account is super easy. Just go to http;//www.wholesale2b.com and signup for a free account. Once logged in simply click on the GREEN SIGNUP button for the plan of your choice. You will be asked for some information, and in 5 minutes you will be able to start selling products online. You can be making a profit in just a few days or weeks.
Supplying Sellers, Businesses, and More
For quite some time now, wholesale2b.com has been providing high quality resale items to businesses, individual sellers, and others. To see why so many have already chosen to start a dropship home business, visit our website. There, you can learn more about pricing, feed, the process, and read testimonials. We are confident that with a good business plan you, too, can benefit from starting a dropship home business in many ways. We believe that this business model can lead to real success for anyone who is motivated and ready to start their own home business using wholesale2b dropship services.
Today we added a new dropship supplier named Azuregreen.net. This supplier was founded in 1986 and has grown into one of the largest online and mail order for new age products, and occult related items ranging from spell kits, ritual supplies, jewelry, books on Wicca, herbs, and much more.
There is no need to pre-purchase any of these products. Simply order them from your wholesale2b account once you have sold them, and we will help you process the order with the supplier for shipment directly to your customers on your behalf.
We hope you enjoy these new products.
START DROP SHIPPING THESE PRODUCTS
Sell them on eBay, Amazon, or from your own website!
Largest selection Of Wiccan, Pagan, Occult supplies, and New Age stores in the world!
Including spell kits, ritual supplies, bulk herbs and books on Wicca, Norse traditions, Santeria, and much more!
To view their products just login to your wholesale2b.com account and click on the left menu USA SUPPLIERS and locate the new supplier Azuregreen on our list of 90+ suppliers.
Many people has been asking the meaning of MAP prices.
Some suppliers may include a MAP Price along with their wholesale prices. MAP prices mean “Minimum Advertising Price”. This means that sellers (YOU) are not allowed to sell the item below the MAP Price when applicable. If you do not respect this rule, you run the risk of losing your selling privilege as many manufacturer will police the internet for any violations of MAP prices.
Most MAP prices are given by manufacturers that want to maintain a minimum selling price value on their products. This is usually done to maintain a brand value and avoid having prices be driven down close to the wholesale price.
I personally like products with MAP prices since they allow the market to maintain good selling prices, and that means more profits for you (the seller).
For example: If an item has a wholesale price of $80 and a MAP price of $120 and a List price of $250, then this means that your minimum selling price should be $120. You can sell the item at any price of your choice as long as its above $120. This ensures that you will make a minimum profit of $40.
With the wholesale2b shopping cart, provided with our website dropship plan, you are sure to never violate any MAP prices since we have a special feature that will prevent item prices from being sold below MAP prices. For example if you setup a markup configuration on your site that would end up with a price below any MAP price for any given item, then the MAP price will be used instead. This safety mechanism means that you don’t have to worry about whether or not you will be in violation of any MAP prices while configuring prices on your website. With sites having thousands of products, this is a great feature and saves you tons of time.
It’s important to understand that not all products have MAP prices. If an item doesn’t have any MAP pricing, then you can sell the item at any price of your choice as long as its above your cost.
If an item has a MAP price, it will be displayed in the product detail page of your Wholesale2b.com account. Simply click on the left menu USA PRODUCTS to browse products by category.
If you don’t already have a Wholesale2b account, click on the link below to signup for a free account and review all our 1.5 Millions wholesale products and prices.
I hope this will help clarify what MAP prices are, and how wholesale2b can help you avoid any MAP violations and stay safe while selling online.
Who hasn’t wandered onto Amazon to buy a book, a Bonzi tree, or a barbecue and wondered, “Hey, how do you get to be a seller? This looks like a fun way to make some money.” What’s more, how many people then talk themselves out of it assuming it’s too labor intensive or too costly? No longer are any of these concerns warranted thanks to a dropship one-stop-shop called Wholesale2b. With the ease of one membership online entrepreneurs can avoid having to deal with hosting issues, website developers, product suppliers and the personnel needed to update scads of products on a daily basis. Taking the administrative labor out of online selling, Wholesale2b acts like a dedicated assistant to virtually run their member’s dropship businesses.
These days many folks are looking for supplement income and many people have turned to dropshipping to make more money. The dropship model is perfect as it allows practically anyone to get started selling tons of merchandise online without having to pre-purchase any inventory up front.
The concept of having the ability to sell products without every seeing the products themselves has always attracted me and since 2004 I have been focusing all my time an energy in helping people achieve success with a dropship business model.
Although there are some negative reviews about the dropship business model, the success of your efforts will only come to realize itself if you are making the right choices and working with the right partners and suppliers. Keep in mind that most people that are super successful with drop shipping will never write an article about it, because that is their bread and butter. Successful business owners are simply too busy running their online sales to write articles about their success.
The bottom line is, just like any other business, a dropship business does require that you spend time analyzing the market, seeing what type of products are selling the most, keeping an eye on the competition, setting yourself apart from everyone else and keep finding your edge with new dropship products all the time. A static business will never grow.
Since I first started in 2004, my team has not skipped a day processing orders with suppliers on behalf of members. Granted some are more successful than others but the fact that dopshippping still exists today is a clear indication that it is a great tool for any online entrepreneur with the right motivation. I have seen people make 0 sales to others generating over 30 to 40 sales every day fairly quickly.
SO WHO SHOULD I WORK WITH TO ACHIEVE SUCCESS?
You are among many people looking for dependable dropship suppliers to earn a living. In fact more an more people are making a decent annual salary selling dropship products on Amazon and eBay. We at wholesale2b.com offer tons of great products to sell online at unbeatable wholesale prices, but we also help our members process orders with suppliers so we have an x-ray vision on the sales volume and I can say with no doubt that sales are on the rise. This means that over time, more an more people are cranking up sales using products from dropship suppliers.
Our edge lies on the wholesale prices. Contrary to the typical middlemen, we do not raise the prices. In fact we even give our members the names of all our dropship suppliers so they can confirm that our wholesale prices are 100% exactly the same as given by the suppliers themselves. This is how we can guarantee that our prices are the lowest possible prices when it comes to dealing with dropship suppliers.
Now you may wonder why in the world would we give away the names of our suppliers? The answer is simple. Our main business goal is to help our members (YOU) make profits online. Since we have no incentive in making profits on the merchandise, we pass on the exact same wholesale prices given by the real suppliers to all our members. Our goal is to help you succeed.
Checkout our dropship plans by clicking on the URL below: