Finding a Good Supplier for Your eCommerce Dropshipping Business It is great to think about starting your own online business. You are probably done with the paperwork and the required research. At this point, you have to find a supplier for your eCommerce or drop shipping business. How do you start with it? Well, this article will help you with that. One thing is for sure: by now you are aware of the niche for your products. Therefore, it won’t be long until you see the money start rolling in. How to Get Started? In case you are starting your own line of products, then you will not find it difficult to get started. But, it can become complicated if your product takes off. Even if you manufacture your own products, you will need to partner with reputable suppliers. Considering your profit margin, you should take precaution in selecting your suppliers. Along with that, you must also keep your reputation in mind. The best places to find the suppliers would be wholesalers. With wholesalers, you can find high-quality products at cheap rates. Your inventory will also remain stocked. One good way to find wholesalers is finding them either locally or online. On the other hand, if you own a drop shipping business, then the trouble of sourcing products is reduced; however, you have to be extra careful. Finding a drop shipping wholesaler can be a tedious task. You will have to be sure that the supplier is genuine and that they will be giving you a competitive margin. For this purpose, online research is essential. Another way to find a good drop shipping supplier is by contacting the manufacturer. He will be able to direct you to his distributor who may be interested in drop shipping for you. This is in fact one of the best methods as you will not have to worry about the quality and dependability of your products. You will also get a better margin. Local or Overseas Supplier? Let’s take a look at the benefits and drawbacks of both types of suppliers. You can select the one which is more appropriate for your business. Domestic Suppliers: Benefits ● Better quality of manufacturing and labor. ● No communication barrier due to language similarity. ● “Made in North America” marketing appeal. ● Can verify the manufacturer without much hassle. ● Quick shipping. ● Higher recourse and payment security. Drawbacks ● Greater cost of manufacturing. ● Limited product options. Foreign Suppliers: Benefits ● Lower cost of manufacturing. ● Many options of manufacturers to choose from ● Websites like Alibaba & Indiamart have made it a “one click” process to find suppliers. Drawbacks ● Customers have less faith in overseas production. ● Shipping takes longer than usual. ● Difficulty in verifying the manufacturer.
● Language barrier in communication. ● Business practices may differ due to difference in culture. ● Lower recourse and payment security. How do you get the suppliers after you have finalized your choices? So, here are some tips for that. Local Directories Online ● MFG ● ThomasNet ● Kompass ● Makers Row Offshore Online Directors ● Alibaba ● IndiaMart ● AliExpress You can also consult your friends or other eCommerce business owners via forums or social media to find their suppliers. They can give you an honest review of the suppliers as well. AcunasOutlet.com - Leading department stores, manufacturers, importers and wholesalers. We offer wholesale merchandise overstocks and customer returns, Wholesale Toys, truckloads, and pallets.