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By Joel Teo
Wholesale drop shipping is the latest way to make money online, and there are a lot of advantages to this method. This method is easy to follow and understand, and there are not many costs involved. A wholesaler makes an agreement with an online store to allow certain merchandise to be advertised for sale even though the store does not have any inventory of these items. The wholesale company keeps all the inventory and takes care of all the customer shipping. All the online store owner has to do is to advertise products from the wholesale company of their choosing to complement their online store.
The risks involved in wholesale drop shipping are very minimal, and even these can be managed if you know the wholesale company you are dealing with. One small risk is that your customers are not happy because the merchandise is cheap, or not as advertised. By dealing with wholesale companies who have been in business a while, you can be assured that the products are quality products and your customers will be satisfied. Happy customers become repeat customers, and this means more profit for your online store.
Wholesale drop shipping makes your store money because you get the products at a discount price and sell them in your online store at a retail price. The difference is the amount of your profit. The discount received depends upon your agreement with the wholesale company, and these amounts can be a set amount for a product or a percentage that is marked up.
This method has many advantages, and one of these is no touch inventory. There is no need to have large amounts of space available for storage, and there is no need to keep track of inventory and reorder products. All you do is advertise the products that you choose, send the buyer information to the wholesale company, and collect your fee. What could be easier that that?
Wholesale drop shipping is no fraud. It is one of the most innovative ideas in the online store industry, and there are advantages for both the store owner and the wholesale company. The store owner can sell a larger variety of quality items without worrying about storage or inventory, and the wholesale company sells more products and saves on advertising costs. Both parties win, and the customer receives a quality product, so there is no loser. Wholesale drop shipping has completely revolutionalized the online shopping industry, and it is a great way to make money online.
Copyright 2007 Joel Teo. All rights reserved. (You may publish this article in its entirety with the following author’s information with live links only.)
About the Author: Joel Teo writes on various financial topics including
Las Vegas Real Estate
. Learn about
Las Vegas Real Estate Investment
at http://www.RealEstateInvestment101.info
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