Showing posts with label drop shipping. Show all posts
Showing posts with label drop shipping. Show all posts

3 Nov 2013

Drop Shipping Basics

Drop Shipping Basics

Consider drop shipping vendors to start or expand your business

Many small business owners turn to drop shipping companies in order to help their business grow. Drop ship services allow business owners to sell products without the hassle of stocking and shipping the products.


If this is something that you are considering for your business, knowing the drop shipping basics will help you to sort through the good and bad of the industry. It's important for you to have all of the drop shipping information you need to make an educated decision.

Drop ship distributors are great for people who:

1. Have caught the eBay bug. There are a number of people who start earning a bit of money by selling their own goods through eBay. As they begin to understand how profitable this is, they seek out wholesale drop shipping companies in order to make more money from home.

2. Don't have the storage space to stock inventory. If you have limited space in your office, or you run a home based business, it's easy to have a drop shipper handle orders.

3. Need to fulfill an unusual order. Occasionally, customers may place a large order. In these cases, it's easiest to have the wholesaler fulfill the order.



Research the drop shipping basics to choose the best vendor

One of the keys to success in using a drop shipping company is to find a company that is legitimate and easy to work with. Make sure they have an acceptable turnaround time and all of the products that you desire. 

Work with some of the most popular drop shipping companies

When you're just starting out with drop shipping, it's a good idea to work with the most popular drop shipping vendors. You can feel more secure when you choose to work with these types of companies because of their range of experience. 

Examine the return policy before you sign up with a drop shipping company

Your reputation is on the line, so you want to make sure that the company you choose will be able to take returns if the customer is not satisfied with the product. Make sure you read over the return policy before you choose a company. 
  • Don't pay for information regarding which drop shipping companies are best. These "reports" often lead you to scams.
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7 May 2012

Importing from China made simple Part 2

Quickly learn the ins and outs to successfully 
run your import business with secrets only 
an expert can teach you.

Archive for the ‘China Business Negotiations’ Category

Be Absolutely Prepared For Your Business Negotiations In China

If you want to conduct business negotiations in China, you better be absolutely prepared. You are far from home and cannot just run across town to fetch a missing document or your contract if you forgot to bring it along. Of course, you may be able to ask your staff, at home, to send you the missing information by e-mail but you may already have lost your face with your Chinese counterparts because you were ill prepared for the meeting.
Therefore, first make a plan about what subjects must be discussed with each of the companies you are going to visit. After that has been established, you have to prepare a checklist of the documents needed for each meeting. If you want to conduct successful negotiations with favorable results for your company, you had better have everything on hand instead of guessing what else might be needed.
I suggest using a notebook computer during your negotiations. Notebook computers can store all of your previous communication with your supplier along with copies of any documents that might be needed.
Paper Documents
However, during meetings with your suppliers you still may need a paper version of the documents to provide to the participants. It is usually not very convenient to present documents on your computer screen when several people attend your meeting. The completely paperless office is still a future illusion so you need to have hardcopies of the most important documents ready for your negotiations. If more copies are needed, your supplier can make them for you.
Help Your Chinese Partner Prepare
The meeting may only last 2-3 hours total but your preparations will probably need much more time if you want to be successful.
It is also common for your Chinese business partner to request a summary of the intended discussion points in advance. This makes perfectly good sense so they can also prepare for the meeting and can ask for additional information if something seems unclear.
Chinese senior managers seriously dislike being confronted with details they were not aware of and for which they did not prepare themselves. If you wait until the meeting before disclosing key information, the Chinese decision maker will loose his face. The result will be negotiations that go nowhere despite your perfect preparations.
Unfortunately, the preparations were less than perfect if you fail to cover the Chinese side of the equation. Not helping the Chinese prepare for the meeting is a formula for failure.