Drop Shipping means shipping products from a supplier with wholesale price directly to your retail customer. In other words, you sell products in your online store, and ship the goods to your customers directly from the warehouse of your dropship supplier.
Why would you want to do this? Well, you only BUY a product after you already SOLD it to your customer. There's no risk of having piles of unwanted stock in your inventory.
And if you've ever sold anything and sent the products to your customers, you'll know there's a lot of time, effort, and costs involved in packing and shipping things. When you're drop-shipping, the drop-ship supplier takes care of all that for you.
"Wait a minute! Won't my customers just go direct to my supplier and not buy from me any more?!"
Don't worry! With a good dropshipper, your customer only has contact with you, not with the supplier. The wholesales products will be sent "blind" by the supplier so that your customers cannot trace the name and address of the dropship source. Your customers will remain loyal to you and, unless you want them to, don't need to know that Gotoymall is your dropship supplier.
Why Consider Drop Ship
Wholesale Sourcing?
- You can start a business selling products without a large initial investment;
- You don't have to buy electronics in bulk - just order after you get paid by your customers;
- You can 'stock' your online shop with a huge range of the latest products;
- All the item descriptions and pictures, you can just copy from your supplier;
- You can list items for sale, and if they aren't popular, you didn't lose anything;
- No warehouse costs and no risk of 'dead' stock;
- You don't have to worry about packing materials, shipping labels, paying couriers for delivery, or customising the product contents for different regions;
- You can sell and ship to customers anywhere in the world;
- You set your own prices and profit every time you sell something!
The Very Very Quick Guide To How To Sell By Drop-Shipping
Many Gotoymall customers asked us what drop-shipping is and how they can start.
Well, that is kind of a big question, but we thought we could try to compress the concept into a few bullet points just to get your thinking started in the right direction!
Step 1: Research good products by comparing Gotoymall's products and prices with those available in your local market.
Step 2: To begin with choose ONE good product with good selling potential and order a sample of the product FOR YOURSELF to check the details for yourself and to create your own unique product description and product pictures. Or download the product pictures and product descriptions from our site directly.
Step 3: List the item on ebay / mercadolivre etc, or your online shop, or your newsletter, or in your local classifieds etc. Make sure your description is accurate and your customers have a realistic expectation of delivery times and possible import taxes they may have to pay on delivery.
Step 4: Once the item is bought, buy the item from us using the online shop and enter your customer's address for the delivery. For dropship orders we won't include our company details in the package. You need to provide your customer's phone number in the order comments for the courier delivery.
Step 5: Once we give you the tracking details, pass on this information to your customer.
Step 6: After the goods arrive, provide any necessary customer support to your customers.
Step 7: Rinse and repeat!