If you haven't already seen it yet, make sure you check out our Ultimate Guide to Dropshipping.
This guide will teach you everything you need to know to get your own dropshipping business off the ground while avoiding the costly mistakes that can kill new dropshipping ventures. It dives into everything from dropshipping basics to operating a dropshipping business and dealing with some of the problems that arise.
Before I read this guide, I had a very limited understanding of drop shipping and how it all works. I found the guide to be very informative, and it made the whole process of drop shipping less intimidating. I plan on reading it once or twice more to make sure that I've learned as much as I can, and I am seriously considering starting my own company that uses drop shipping.
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Drop shipping is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer. As in retail businesses, the majority of retailers make their profit on the difference between the wholesale and retail price but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.
I had a very limited understanding of drop shipping and how it all works . There's a ton of resources for people who want to have orders fulfilled by a dropshipper.As in retail businesses, the majority of retailers make their profit on the difference between the wholesale and retail price but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.
1-FaYa8 allows dropship orders for all registered customers. There are no additional charges.
Just order online in the same way as usual, but add a new shipping address during the checkout process.
You can have as many shipping addresses as you like listed on your FaYa8 account.
2- Won't my customers just go direct to FaYa8?! Fear not! The products will be sent "blind". That means FaYa8's name, address and contact details are not visible to your customer. Your customers cannot find out your wholesale dropship source.
In the FaYa8 warehouse, we have specialized procedures to ensure no mention of FaYa8 is made on the packaging or invoice. In addition, we will not include any FaYa8 promotional materials on or in the packages and none of the products contain the FaYa8 logo or brandname on the product, packaging or accessories.
Your repeat customers will remain loyal to you - they don't need to know that FaYa8 is your secret wholesale dropship supplier.
People make money from it, yes.
If you have a supplier you know and trust it's great.
If, like most people, you get involved in the wrong manner you'll be flying blind.
Avoid any website that offers drop-shipping to the public. You'll find their products on Ebay for less then they charge their "drop-shippers."
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