What Is Dropshipping Dropshipping is a way of selling products without having to store them in a warehouse. Your customer will pay you for the items, this price is determined by you and then you would pay us (the supplier/dropshipper) our price and send us your customer’s delivery details. We will ship the goods out to your customer, with no mention of who we are. The difference between your price and our price is the profit you will make. So you charge the customer whatever you feel is enough to make you a profit. How Dropshiping Works Say you purchase an item from a dropshipping website for £50. You would then sell that item to your customer for £70 plus an extra £8 for shipping. Once you have received the payment of £78, you would then send the supplier £58 for the goods, which include the shipping costs along with the customer’s details and they would send the goods out to the customer. You would not have to see nor touch the product. The extra £20 which you charge the customer, you would keep for yourself as profit. When using this service, for security reasons your first order will be sent to your registered address. As we are a distributor, there is extra work for us handling drop-ship orders, there is no annual fee or sign up fee for this service, after that you just pay for the product and postage, and that's it. You do not have to reside in the UK to open an account, you can operate from anywhere in the world. The Advantage of working with Dropshipping companies: - The dropshipper does the background research on the products and allows you to view them on-line or in their catalogues. These items are available to you at wholesale prices.
- You can sell these products in any way you wish.
- When you have received the payment from your customer, the dropshipper will then dispatch your order.
- You do not have to see or touch the product, so you do not deal with the packing or sending of the goods.
- The dropshipper send the products directly to the customer with no mention of themselves.
- You do not have to store the products, which mean no storage costs.
You’ll just focus your attention on sales and marketing. |