The most important barrier that still keeps people from jumping on is – fear. You are not seeing the products at all, you don’t know for sure the customer has received the item or not. The legal laws that protect a consumer from being cheated are so powerful that, if there is a hiccup in some place, the life of the retailer is at risk. All such factors prevent the emerging entrepreneurs from taking up the online space. In spite of the risks involved e space still seems to be a lucrative option for many. Apparels, gadgets, food, name it and you can find it at the convenience of a click.
Most of the site today offers deals and discounts for almost all of their products and services. Drop shipping is a minimum risk option that can be chosen by the budding businessmen of online space. With very less investment and lot of ideas this new face of retailing is cementing its foothold in almost all countries. Drop shipping is the form of retailing that eliminates the issues of stocking, maintain inventory and tracking orders. In this method the catalogue of products on sale is displayed in the retailer’s website. The form chosen can be any. The Dropship suppliers make the work easy for everyone.
The retailer can either chooses to showcase a particular product or a series of products- that is the retailer can choose to be a pit stop or a wall mart according to the specialization offered. The customer can select the product to be bought and place the order on the website. The order placed is then communicated to the merchant manufacturer who processes and dispatches the same. The difference between the manufacturer and retailing price is the commission earned. This simple and lucid option of earning is open to all and the requirements are also not many. The retailer here need not even worry about the shipping or tracking as the same is done by the manufacturer.
A simple way to stay out of trouble for the retailer, they can activate an option of blacklisting the manufacturer in case of complaints and providing refund. This would protect the interest of the customer and also increase the goodwill of the retailer.
Best Dropshipping is a risk free and money saving option for the retailers and this has promoted several new businessmen to take up the option. Warehousing is a major concern for several retailers as the costs involved to stock the goods / products procured is immense. This sometimes gnaws and takes up most of the income earned by the retailer. Sad to note sometimes the products also are wasted due to scarcity of demand, drop shipping provides a viable solution for the same.
Spotting the right manufacturer is the task to the retailers who have taken up drop shipping as the coordination with them (manufacturers) is vital. In case of lack of communication the whole system can be disturbed and can affect the retailer adversely. Maintaining a database of clean and responding manufacturers can solve this issue. Hence to wrap up drop shipping is a great way to take up a risk free online e commerce provided the right spots and contacts are identified.