Address
BULGARIA, Sofia, Blvd. Georgi S. Rakovski St. No. 123, fl. 1, apt. 1
BULGARIA, Sofia, Blvd. Georgi S. Rakovski St. No. 123, fl. 1, apt. 1
Dropshipping is an e-commerce business model in which the seller does not keep the goods in stock, but instead passes on his customers’ orders and information about where the goods should be delivered to the supplier (either the manufacturer or the wholesaler/distributor).
When an online store owner receives an order from a customer, he simply contacts the supplier, who delivers the goods directly to the customer on his behalf. The goods are in the supplier’s warehouse. The supplier packs the goods and ships them to the customers.
Dropshipping allows entrepreneurs to start an online business with very little initial investment and minimal risk. It can be used to test business ideas, try new niches and markets.
For offline stores, combining online sales and retail trade is becoming a common and effective marketing solution.
Delays in product delivery and quality control issues are the underlying problems of this business model. The dropshipper relies on his suppliers, who should ideally ship quality goods, on time and without delay.
You can find potential suppliers for your business on Stelvel Eood. It is interesting and helpful to attend trade shows related to the niche you are interested in. Your partners and suppliers can be both large marketplaces and small wholesale online stores.
You can start negotiations and discuss terms of direct delivery, minimum order requirements, discuss the possibility of working at wholesale prices and terms of delivery on behalf of your online store. If you have any difficulties, contact Stelvel Eood. We will find you reliable partners and trusted suppliers, we will accompany you at all stages of the transaction.
Dropshipping allows you to sell almost any product. The exception may be some food products.
Customers won’t know that their orders are being shipped directly from the vendor unless you tell them or somehow include the vendor information on your website or add the vendor information to the invoice.
The profit margin on dropshipping averages 15-20% of the selling price of each item.