Product Expansion Made Easy With Wholesale Drop Shipping

March 25, 2010 By Leave a Comment

You’ve taken the plunge into the Web store business and you’re doing fairly well. The next step is to diversify your products, but you don’t want to invest a lot before you see how they perform. How can you do that without dumping your hard-earned money into them? A wholesale drop shipping company may be your answer.

Wholesale Drop Shipping Advantages

When you use drop shipping, you have some major advantages. First, you don’t have to invest in purchasing new wholesale products. Second, most of the marketing you need is already done. Third, you have unlimited flexibility to add and test a diverse set of products to sell.

Not Having to Buy New Products

The traditional way of expanding product lines is to buy a small amount of wholesale products and see how they sell for you. Some of these new products will sell well, and others just seem to collect dust. Rather than investing money on products that you may get stuck with, you can use drop shipping.

With a wholesale drop shipper, your only investment will be some possible membership fees, the cost of the product, and the shipping itself. And these costs are usually less than what you’d pay to do it all yourself.

Saving on Marketing

Another advantage is the marketing aspect. Your drop shipper will have done some of the marketing for you, so you will be able to use images and product descriptions that your drop shipping company already has available.

Even if you want your own unique content, you’ll still save time and money because you won’t have to do all the research and image rendering yourself. All the details you need should be available through your drop shipper.

Testing Without Investing

Perhaps the biggest advantage is being able to see which products will do well on your Web store without the costly investment. This is especially helpful when you want to diversify your product selection. You can add new items and product lines and evaluate their performance without a heavy investment.

You can mix and match, drop the ones that aren’t selling, and try new products at a low risk. Pretty soon, you’ll have a expanded Web store with products that sell well without the high cost of product investment.

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The Best Online Business For The Home Office

March 13, 2010 By Leave a Comment

A major issue which businesses must deal with when they go into a shipping agreement with a wholesale source is that they have zero control over stock levels and may run into selling products which are no longer available. Stock management drop shipping is an issue which leaves businesses tearing their hair out as they try to second guess the purchases their customers will make, as well as the likelihood of availability from the supplier.

The new news is that this is a system which is about to change. Progressive wholesale sources have realized that the stock management dropshipping process is an issue and so are offering their clients an all-in-one solution which connects them direct to the available stock, thus negating these frustrating difficulties.

In fact, dropshipping through a wholesale supplier is reputed as one of the most profitable e-commerce businesses and is something which a lot of people are trying to understand in the hope of living out their dream of working from home. It’s an attractive business which only requires a computer and an internet connection, as all of the physical side of the business is controlled by the wholesale supplier.

Indeed, you can even integrate this sort of business with mass marketing sales systems like eBay and Craigslist, leaving the associated costs to be minimal. Some people prefer to stick to their traditional business and enhance it with their own e-commerce store, and this is also a very workable solution for this method.

One of the major temptations when starting out on the internet is to follow a get rich quick scheme, however it’s very important to understand that to earn a living on the web does take some work, even if it is just a minor amount through using a dropshipping service.

Retail sales with a wholesale source using a dropshipping service has been proven to be one of the most profitable online businesses, as consumers are far more confident buying physical items rather than electronic media and such which are the main products of other online businesses.

With an integrated system of stock management dropshipping becomes a very easy business to run, as you can easily see what items you have available for promotion to your customers. You don’t have to worry when stocks are low that you will need to place orders, as this is fully controlled by your wholesale supplier.

The most profitable online businesses are ones which don’t require you to do a lot of learning, but do require you to take action. This means that the majority of your time will be spent promoting your products and driving traffic to your store. Your system can be run entirely electronically, which means that you can operate like a big company from your kitchen table, or wherever else is most appealing to you.

Don’t be fooled by promises of making a million overnight, be realistic about what you can achieve in the short term and you will be able to build an extremely profitable business over time.

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The Treasure Trove That Is Liquidation Pet Supplies

February 1, 2010 By Leave a Comment

Did you know that even in times of financial stress, people still keep spending money on their domesticated pets? It’s funny that most people will go without in order to buy their pet a treat or something that it needs – they really do love their animals that much. So, if you are a retailer, there’s a great opportunity for you to source liquidation pet supplies and sell them on to these dedicated pet owners in what’s a sure fire guaranteed business opportunity.

Liquidation pet supplies are easier to come by than you might think. A good place to start is to find a wholesale supplier that is able to provide a great variety of general merchandise. Usually you will find that among this general goods will be a lot of pet supplies. Liquidation pet supplies themselves won’t be guaranteed in stock, as liquidations aren’t sure events – but anything that is liquidated stock will be clearly labeled and you will be able to tell from the extremely low prices that this these items are liquidation pet supplies.

It’s a good point to note that you shouldn’t just concentrate on dogs and cats when you are acquiring liquidation pet supplies, many people have pet birds and fish that they are equally crazy about and its quite easy to find and sell liquidation pet supplies to these markets.

So once you have suppliers of your wholesale liquidation pet supplies, what is the next step? Well, firstly you need to decide where you are going to sell them. You have a choice of selling liquidation pet supplies online or in a retail store, via a catalogue, at flea markets – really whatever you decide is fine.

Next up, you should decide whether your pricing strategy is to go high and make less sales, or to go low and make a lot more sales to bring up your profit levels. Either strategy is fine, it’s more important that you know the market that you are aiming for. For example, higher pricing will get higher end customers, so the goods that you are selling need to be good quality and appropriate for that market.

Liquidation pet supplies may contain high end and low end items. The exciting part of liquidations is that you never really know what is going to be available. The same goes for overstocks and closeouts – so if you want to guarantee what products you will be selling continually, you might be better just using traditional wholesale sourcing for your merchandise needs.

Some wholesale sources will also offer a drop shipping option directly to your customers. This is great if the liquidation pet supplies are particular bulky – for example if you are selling wholesale dog kennels – as you won’t need to worry about storage space for the products. In general, this service will attract a fee, but you simply pass this onto your customer as their delivery cost.

Start researching where you can source liquidation pet supplies and you will see that it’s a great market to be in, as people are always spending money on their pets.

 

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Disney Kids Clothing – Sourcing and Selling

February 1, 2010 By Leave a Comment

If you have a kid in your life, whether that is your own or someone else’s, you’ll know that all kids are fanatical about Disney. From a very young age, they’ve been brought up with Disney cartoons, movies and even the Disney Channel. It’s a great marketing tactic and an instantly recognizable brand. So how can you take a slice of the profits from the Disney empire?

Well, how about buying and selling Disney kids clothing? Disney kids clothing is an absolutely gigantic market – if you’ve ever been to one of their theme parks or the Disney store, you’ll know that they are filled to the brim with Disney clothes and that every child is desperate to own something with their favorite Disney character on the front.

This is where you can take advantage of the wide array of licensed Disney kids clothes that is available from wholesale suppliers. Buying from a wholesale supplier means that you can purchase cheaply and in volume, and you will be able to acquire goods featuring all kid’s favorite Disney brands including Mickey Mouse and High School Musical. The best thing about these licensed Disney kids clothing products is that they are good quality, officially branded goods, but the prices are much lower than if you were purchasing these goods from a Disney outlet.

Before you go searching online for Disney kids clothing, you need to be wary about where you are acquiring it from. There are many foreign distributors based in countries without copyrighting laws that will sell your Disney items at very low prices. You should know that these Disney items are not licensed and by buying and selling these, you will be infringing Disney copyright and may face criminal charges if you are caught. In addition, many of these products are badly faked, meaning that when they arrive on your doorstep, they will not feature well drawn, Disney characters as you would expect. For this reason, it’s far better to buy from a domestic source that can provide you official goods bearing real resemblances of Hannah Montana and Minnie Mouse.

You may also find that your official wholesale supplier can provide you with Disney kids clothing from overstocks, closeouts and liquidations. Often, these goods are acquired when the original selling store has run into financial difficulties, so you can take advantage of the ability to obtain wholesale Disney kids clothing at even lower prices.

If you are an online retailer, ask your wholesale supplier about the possibility of setting up a drop shipping arrangement. Many wholesale suppliers will offer this service, and it saves you storage space as the wholesale supplier will store the products and ship everything directly to your customer. If you are a new business with limited start up funds available, this is also a possibility as you won’t be paying for any of the products until they already sold and your customer has given you the money. It’s a win-win situation for all involved, and selling Disney kids clothing this way is a sure fire money spinner.

 

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What to Do With Costco Return Salvage

February 1, 2010 By Leave a Comment

You will need to get acquainted with a few more terms if you still have an interest in an exclusive contract for customer returns with Costco.  In Part 1, I discussed the matter of obtaining a contract, who you’ll need to contact, and the expectations when picking up Costco customer returns when it comes to wholesale liquidation.  

Real liquidation goes further than just an early pickup time. Because you are a liquidator, the culpability to protect your supplier from fraud on a return with label sanitation lies with you.  Original suppliers, Costco in this case, expect to never have to deal with an item once it’s fully liquidated.  This is the way you make certain this happens.  

Return Fraud on Liquidated Products

Having a salvaged item given back to the front end of their return desks is the last thing that any Costco wants to happen.  As fraudulent as this sounds, it’s not hard to do and does happen often.  You might ask yourself “How does something like this happen?”.

1. Salvage lots are sold to a contracted liquidator by Costco. That wholesale liquidator then sells those customer returned products.  The customer returns get resold in case bunches, to a retail store, or sometimes on eBay or flea markets.  The customer who bought the liquidated customer return then pays a visit to their local Costco so that they can get a full compensation.  They can do this even if they don’t have the store receipt, because of the forgiving refund policy which honors them with store credit or an exchange for a newer item.  

For example, a customer-returned camera can end up in the hands of someone deceitful for as low as $60.00.  Then they will take it to a Costco for a refund, and the full refunded amount for that camera can be as high as $199 and above.  Although they may not get a full settlement, in-store credit obtained by fraudulent means is still stealing from Costco, and any other outlet.   

Prevent  

It is the undertaking of a liquidator to stop fraud returns.  Because, why would Costco want to sell returns just to have them re-returned? Any easy label sanitation method will conclusively stop any return fraud thieves.

*Remove anything that may lead back to the original source. Store stickers and sale tacks may often be placed on the items themselves.  There are a few Costco exclusive brands, like Kirkland. Be aware of brands are clearly from Costco and make sure to handle them with care.  This is where you need to be precise– draw the black line using a permanent marker on the bar code so that customer return agents cannot scan an item back in.  Don’t disfigure or remove the serial or model number.  That is a sign the property is stolen, not liquidated.  

Tricks and Tips for Label Sanitation  

It is a lot of work to perform label sanitation.  Ensure that the contract with Costco, or whatever retail outlet your contact is with, clearly states your responsibilities of label sanitation. Make differentiations between high-risk and low-risk customer returns.  Liquidated items like paper goods, household staples, and food have a low personal gain if returned so it is not likely they will be returned.  There are numerous red flag classes on customer return fraud, like:

*Clothing

*Electronics

*Appliances

*Watches/Jewelry  

All labels must be sanitized especially high risk categories like clothing, electronics, jewelry, and appliances.  Invalidating a bar code can be done very easily and quickly with a black permanent marker.  To denote that they are of liquidated status the clothing tags should be marked with a black slash on the brand name.  When the clothing tag is dark, you can use silver or gold permanent ink instead so it stands out.  

Designating electronics and other large appliances with the word “SALVAGED” is another tactic you can try. You might see this done in grease pencil and other colored marking.  Be discrete when you submit to this practice.  First, make sure you are able to place this term near the model number in a inconspicuous manner or somewhere else that customer return agents might search for information. The reason being is that you still need to resell these things, whether to a discount retail market or another wholesale distributor. Wholesale buyers and customers are cautious when buying products and liquidated electronics when they are labeled “SALVAGED.”

The creation of effective strategies that stop customer return fraud is a valued service that you offer as aliquidator.  Large retail stores, such as Costco, will bring this up without a problem because it saves them from fraudulent returns.  It will take negotiation when you handle label sanitation, but you will need to make sure you retain your ability to resell an item.  Lastly, you will show your supplier how valuable you are as a professional player of the industry because of your knowledge in label sanitation.

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Pet supplies liquidation – can it help your business?

February 1, 2010 By Leave a Comment

If you conduct a business that provides pet supplies to pet owners, you may be looking for new ways that you can source pet supplies merchandise to your customers. For example, you may find that you have particular item lines that sell well but don’t make great profits, so you might want to investigate different methods of increasing your profits while still providing great quality and service.

One thing that you can do is find pet supplies liquidation goods, which will be lower than a regular wholesale cost and can net you that extra bit profit that you are looking for. The main issue that people have when they are looking for pet supplies liquidation, is that they don’t know where these goods can be found – or indeed if they exist at all. Well the good news is that pet supplies liquidation goods do exist, and we’re about to tell you how you can acquire them for your own business.

There are lots of people out there that set up pet supplies businesses, it’s a large trade because people love to spoil their pets. So it doesn’t matter whether you have a market stall, physical store or an eBay outlet – all these are fantastic places that you can sell your pet supplies liquidation products.

The number one thing to know is that all pet owners are looking for a great deal. Just because they love Fluffy or Butch doesn’t mean that they want to spend an absolute fortune on the treats that they are purchasing. Everyone wants a bargain. And by obtaining liquidation pet supplies you can give them the bargain that they are looking for!

Some of the merchandise you will likely be able to find in liquidation pet supplies will include cat food, dog toys, brushes, collars and treats to name a few. These are all very steady sellers and so of course you will be able to make great money from selling any of these goods to your customers.

The reason that pet supplies liquidations work so well for you business is that they come at a low cost to you and so you have the decision to make more money for each sale, or less profit but more sales as your customers won’t be able to resist the prices at which they can make orders. Choose whatever is best for the market that you are aiming your merchandise at.

If you are shooting for the stars and want to initiate a large online pet supplies business, enquire about the possibility of your wholesale supplier offering a drop shipping method. This means that you would be able to directly reflect your wholesale sources inventory, without having to carry the stock yourself and without first having to outlay the money to purchase it. This arrangement will allow you to appear as though you are a large pet supplies discount retailer, and offering a broad range of products can often make you many more sales than when your inventory is restricted.

Source a wholesale supplier of pet supplies liquidation today and see what it can do for your business venture.

 

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5 Things to Look for in a Drop Shipping Company

May 2, 2009 By Leave a Comment

Using a drop shipper is a great way to sell products online, as there are countless benefits to not having to inventory the products yourself. You do need to do some research to make sure you are using the premier drop ship companies that you can use. There a few characteristics you need to look for in a drop shipping company.

Following are five characteristics to watch for in a reputable drop shipper:

1. Free drop shipping – Some genuine wholesale drop shippers suppliers do charge a dropshipping fee for each order they drop ship for you, but many do not. To save money, and increase profits, it is best to work with a no fee drop shipper.

2. Trusted source – You should really do business with a dropshipper that has a good reputation. These may be recommended by another online retailer, or they may come recommended by another source you trust.

3. Quick fulfillment – One thing that is critical is that the dropshipper you use is speedy in fulfilling any product order you put in with them. The longer taken to deliver the item to your customer, the worse off you look, so they need to be efficient with order processing.

4. Easy to check inventory – You should work with a drop shipping company that has a simple process to verify what they have in inventory. It makes no sense to offer for sale a product that your dropshipper does not currently have, as it may take a very long time for the item to ship to your customer.

5. Good customer service – When questions come up about orders or stock levels, you need to be able to easily contact someone at the drop shipping company. Easy and efficient ways to communicate with suppliers are vital to the success of your business.

To be successful as an online retailer you have to do business with people that are willing to help with your success. Locate the best free dropshipper to do business with and all parties involved will be happy.

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