Dropshipping is a means by which a company or individual can obtain wholesale prices on a large variety of products without the hassle or having to warehouse or ship anything. Basically Jay Bruce Authentic Jersey , you are a selling agent for a larger company, and you are making the difference between what they sell the item for, and what you sell the item for.


The Benefits of Dropshipping.


? Large product lines.
? Professional worry free shipping.
? No upfront costs.
? No inventory management issues.
? No warehousing.


How Dropshipping Works.


Working with a dropshipper is much easier than it sounds. After you have found a dropshipper, or shippers, you wish to work with Edwin Encarnacion Authentic Jersey , it is as simple as deciding which products to sell, and finding a platform to sell them on.


An example of a dropshipping strategy follows:


Dropshipper XYZ offers a wide range of flatscreen TVs at wholesale prices. After deciding which flatscreens you wish to offer, you list them at a price higher than what the dropshipper is selling them to you at.


Example:


42 inch Sony HD flatscreen plasma TV available from the dropshipper at $1400. Shipping to anywhere in the lower 48 states is fixed at $25.


As the seller, or middleman, you offer the TV at price above the wholesale price offered to you Ichiro Suzuki Authentic Jersey , say $1600. Additionally, you mark up the shipping to $40.


The difference between the wholesale price plus shipping, and your price plus shipping is $215. This is your profit margin.


Important Considerations.


While a $215 profit for virtually no work seems too easy to be true, this is exactly how dropshipping works.


However, there are several factors that you must consider before finding a product line that you can make a profit on. Use the following check list to see exactly what kind of profit margin a product has built into it.


? What is the difference between the wholesaler's price plus shipping Tim Beckham Nike Jersey , and the retail price of the product?


Never trust the wholesaler's suggested retail price. This price may in fact be substantially higher than the actual retail price of the product. Using our example above; if the TV is available to you at a wholesale price of $1400, but Wal-Mart offers the same TV for $1350, then the dropshippers price does not offer any incentive for a buyer.


? Is the market flooded with sellers offering the same product?


Competition is a good thing for buyers, but not for sellers. You want as close to a monopoly as you can get. Stay away from crowded areas.


? Can you get in front of a trend?


If you are the first person to market with a hot new product, you can command higher prices Mallex Smith Nike Jersey , and achieve greater sales. Knowing how to identify trends is one of the most important aspects of selling merchandise online.


? Will the platform fees you incur leave you any profit after the sale has gone through?


If your platform is Ebay, what will your profit margin look like after your listing fee, final valuation fee, and paypal fees? If your profit margin is $30, and your fees total $35 Randy Johnson Nike Jersey , you are actually losing money.


? What is the dropshippers current inventory on the item you are looking to sell?


If the dropshipper only has 2-3 items available, you should give real consideration to passing on the product. Dropshippers work on a first come, first serve basis. If you sell the item, and later learn that it has gone out of stock, you now have to refund the buyer potentially creating bad will Jay Buhner Nike Jersey , and possible incurring auction fees.


While this is certainly not an all inclusive list, these certainly cover the most important questions you should be asking yourself prior to listing an item for sale. You want to set yourself up to win, not to lose.

>Boost your Business with Bsquare

Posted by bsquare on August 9th, 2017


In today’s time web design and development is the most important part of every company. Bsquare is a reputable expertise in the development of document management solutions, e-commerce applications Edgar Martinez Nike Jersey , business application and automation software, custom software solutions and online applications supporting business-to-business collaborations. We provide custom-built application as per the customer’s requirement. Bsquare project and implement software solutions that work – while you concentrate on your business. Company’s comprehensive delivery options enable us to distribute work across global locations to align with clients' cost, speed, and risk requirements.


Well-known Software Company…


Whether you are a start-up or an established business, Bsquare will be happy to assist you at any cost and every stage of the software development life cycle: from conceptualization Felix Hernandez Nike Jersey , business analysis and prototyping to the development and deployment of complete software. Bsquare is a leading software development company India who offers a long term reliable partnership with innovative ideas into real world applications with cost-effective solutions for client's business requirements. Influencing the maximum potential from the best in class resources, processes and technologies, we help clients in accelerating time in the market, reduce operational cost and empower them to focus on their core business activities.


The Company follows some of the most well-conceived and proven development processes to control research and development costs without compromising on the quality of the solutions. We provide numerous software development services, which helps companies to achieve their desired business goals.


Some of the benefits are as follows:

Cost Efficiency - Labor cost savings up to 70% for various solutions as compared with in-house development in American and European countries.Top-notch Solutions - Capable enough to deploy top notch software solutions for even the most complex requirements.Faster time to market - Faster delivery to market is an invaluable advantage. Wholesale Jerseys Wholesale Jerseys China Wholesale Jerseys Free Shipping Wholesale Authentic Jerseys Wholesale Cheap NCAA Jerseys Wholesale New Nike NBA Jerseys Wholesale College Football Jerseys Wholesale NBA Jerseys From China Cheap College Jerseys Cheap NBA Sports Jerseys