Dropshipping Website – Make Money With Gift Ideas
Making money by operating a drop-shipping website can be rather easy. A drop-shipping website is a virtual storefront for wholesalers and dealers. Your job will consist of processing orders and handling the customer service end of the business. You will then transfer customer orders and shipment details to the wholesaler. This wholesaler will in turn, ship the goods directly to the customer from their warehouse. As a drop-shipping website retailer, you will make money on the difference between the wholesale cost and the retail price. EBay is an example of how many people make money by operating a dropshipping website.
Some retailers may keep drop shipping items on display in an actual brick and mortar store so that customers can physically see and touch an item for sale. Some may offer catalogs, while other retailers may operate solely through a website. This differs from normal retail, as an initial inventory is not purchased and maintained. It is similar to an affiliate program, where an affiliate or associate takes care of the front end marketing and customer relationships and is then paid once a sale is made. Many wholesalers prefer to work this way as it reduces costs to them by not having to employ support and sales staff. Drop-shipping website owners like this business arrangement because they do not have to purchase tens of thousands of dollars of inventory they may not sell.
You will want to start by selecting a reputable wholesaler. Some popular wholesalers include: Stealth Wholesale, Shopster, DropShip Direct and DHGate. Once you have established an account with this wholesaler, you will want to check out their inventory for items that you are interested in selling. You will often find that wholesalers supply product descriptions, specs and product images that you can use to advertise your items.
Advertise your items for sale on a website. You will want to set up a seller account on a site like EBay, Amazon or you can set up your own independent website. Many have a built-in shopping cart for the site or you can pay for an add-in module on your independent site. You will want to be sure to include payment methods, terms of sale and your returns policy. Once a sale has been completed, you can transfer the completed order to the wholesaler who will advise of back stock or shipment completion. You and the customer should be supplied a tracking number for the shipment.
Don’t forget that customer service is a very important part of sales. Just because you got the money, don’t assume that everything is great. By not following up with a customer, you may feel the repercussions of negative feedback. By providing great customer service in addition to a great sales price, you can almost guarantee you will make money with that customer again and again. Internet shopping is quite a popular trend in today’s digital age. You can use this venue to make money for many years to come.
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