What is drop shipping?The drop shipping business model works as follows: a retailer finds a product from a company that is willing to drop ship and then lists that product on an online auction or an eCommerce website and the retailer, then, is in charge of the promotion of that product and collecting the payment for it, but they are never actually in possession of the item.There will be a growing number of standard everyday jobs that you’ll now have to do as you become increasingly successful sourcing drop ship products, uploading information on to your website, processing orders and taking care of customer service matters.When a buyer bids and wins the sale of the product the power seller orders the product from the drop shipper who in turn sends the product to the buyers address.
How important it is to drop ship your business?
A very successful business could demand a lot of your effort and time, leaving you little interest to other activities.Upon deciding that running your business is turning out to be too cumbersome, you should consider automating such business.
Ironically, the better you are at advertising and selling your goods, the more you’ll have to manage orders, inventory and customer service, leaving you with less time to keep advertising and selling to keep building your business.
So, how can you automate your business?
You can make use of a shopping cart that will notify your suppler right away once an order is placed and this cart has to pass along all the client’s details in a format that fills all the forms.
There are sites that will tend to automate your business.
An autorepsonder has the ability to send out notifications.If you choose this route, you will need to compare the services of several vendors and choose the one that you think will come closest to fulfilling your needs. There’s also software you can use that will let you know when items on your supplier’s website are out of stock.
Keep in mind that some things cannot be automated, and one of these is customer service.How long will it take you to recover the money you spent on the system? Once you know the answer to this question, and you recognize the benefit of saving time on keeping track of orders, inventory, etc., you can decide whether the automation system is worth keeping.
When you use the drop shipping model you can use all this freed-up time to research your market and discover all the products that can perform the best for your business.Some are larger than others, but if you want to succeed at online selling, reliability is much more important that just size.