The Best and Crucial Tips on How to Do Drop Shipping
Are you looking for a way on how to do
dropship home decor online? Do you dream of becoming an internet entrepreneur? Actually Many people who opened the shop for the first time with no source are
starting up from dropshipping. It is a relatively simple method. You only need
to pay a basic margin and a simple data package to set up your store. The
threshold is much lower. Therefore, due to the freedom, you are easily to fall
into many drop shipping traps which can delay or even prevent your online
dropshipping success.
Like any business model, there are challenges and traps. You need to be aware of all the challenges and scrams of drop shipping. Today I will discuss what is
the obvious traps you can avoid directly. Let’s take a look at the five traps on
dropshipping!
Trap1:find reputable dropshippers: be careful on agency fees
Nowadays, business is harder than before, but if you run into a business where you don't need to purchase or ship your own goods, everything will be
handled by "a dropshipping companies,” such a good chance named dropshipping
which makes people feel dazzled.
Ms.Allen who opened a dropshipping store. When she paid an agency fee of 350 dollars, the online dropshipping shop opened. Because it was said that agency
fees can be returned, this is undoubtedly a "zero cost" transaction. Nothing can
be doubted. But when it’s the agreed time, the company's people cannot be
founded.
So how to find a reliable dropshipper? General formal dropshipping companies do not need agency fees, but only need to pay a certain service fee can you
start dropshipping. For example, chinabrands can enjoy one-stop service and
wholesale products price for just US$39.9 a year, no other fees. Obviouly you
need to choose a reliable and powful company in suppli chain, delivery, products
etc. If not your dropshipping business is really hard to control. It is
advisable to find reputable dropshippers through searching some qualification
materials on the internet and even visit the local commercial bureau for an
inquiry and check.
Trap2:Wrong Choice Of Products
Many companies and individuals all want to diversify their products in the beginning. They see others selling well, and they all want to try it, often
forgot about what they are best at. Dropshiping also provide much choice on
products with rarely free-risks.
You can start dropshipping in one product and quickly remove to another if you feel the first one doesn’t sell well as you hoped. It is where the problem
lies.
Trying and constantly changing products means that every time you start from the begin. You will lose time and ultimately money as well.
So how to do drop shipping? The first step is that Your products selection must be built on a solid business research and knowledge.
Trap3:accept low price blindly
Indeed dropshpping provides a low wholesale price which help you control cost. But you still need to focus on the price strategy. Don’t accept low price
blindly during drop shipping.
For example, the big sale often puts a very hot product and suddenly cuts its price below the cost price. Your store can't compare to them. Once the big sale
is playing this trick, your users basically run away.
Therefore, we must remind dropshippers that if you want to do drop shipping successfully you must establish barriers other than price, such as branding,
packaging, and services. E-commerce allows prices to be transparent, but
services are always unequal and can be comparable. You need to think of a
long-term strategy to make your drop shipping business successful and
sustainable. So how to do drop shipping? Always low prices are not a long-term
solution.
Trap4:Failing To Manage Shipping Rates
Shipping can become a real killer for a drop shipping business.
First of all, customers expect free or very low cost of shipping. Yet, in drop shipping business, you hold very little control over products. Since it is
not you but the suppliers who ship the goods. This can lead to many uncontrolled
risks among the process. Maybe the products will destroy or miss during the
process. However, the after-sale or return is a highly cost service for
individual sellers.
The most common solution in such situation is choosing a dropship platform. You can find good suppliers on the platform, and the products are delivered by
the dropship platform. Chinabrands is such a dropship platform with much most
reliable dropshippers. Over many years of business, Chinabrands integrated
supply network of key manufacturers and agencies, which make it possible to
consistently achieve cost savings that other platforms are simply unable to
do.
Trap5:Relying Too Much on One Supplier or Not Testing Suppliers
If you rely too much on one supplier, the stock problems would happen unfortunately.Even though most supplier and dropshipper companies try their best
to keep their online store partners up to date about availability of products,
it can also happen that products ordered from your store are not available in
stock. Such an instance could lead to a very poor customer experience, and if
this happens frequently, your store’s reputation could suffer. So how to solve
the problem? Get in touch with your customers even if it means bad news for
their order. Alternatively, try sourcing the product from another supplier, or
see if you can get the same product from another supplier.The best route is to
work with multiple suppliers. Therefore, you must find a reliable platform.
See Also: 10
best drop shipping companies in USA you should know