Dropship Daemon

Dropshipping & Wholesaling tips , tricks and lessons

Browsing Posts tagged legitimate wholesalers

In a word: NO! The wholesale and dropship industries are ripe with disreputable companies that concentrate more on stealing your money than supplying you with product.

You should always ask for references and check out the company with the Better Business Bureau before signing on as a reseller.

Ask for the names of some of their current customers and references. If they refuse to provide such references, find another company to do business with. Thanks to the Internet, you can also search Google for information on the company.

There are many forums and bulletin boards now that concentrate on the dropship industry. Do a search for these forums and read any reviews on the company you can find. Beware companies with numerous negative reviews.

Ultimately the only way to ensure that a dropshipper is reputable is by doing your homework. If you don’t , you can find them all at dropshipdaemon.com dropshipping wholesalers

You would be surprised at how many people don’t take the time to do this and end up regretting it later.

If you don’t invest the time it takes to ensure that a dropshipper is reputable, then don’t be surprised when bad things happen.

That depends on a number of factors, including your budget, the amount of space you have to store inventory, and the amount of time you want to devote to your business.

The advantages of buying merchandise from a wholesaler are:

  • You will find a wider range of products and get lower prices. Most dropshippers get their goods from the same wholesalers you can do business with.
  • It is easier to develop a relationship with a wholesale company since most will assign a sales rep to your account.

The disadvantages of buying merchandise from a wholesaler are:

  • Most require a business license and tax ID.
  • Most will not dropship for you. All purchases are shipped to you.
  • Most will not sell you one item at a time. You will be required to purchase by the case, the pallet, or even the truckload.
  • Most have minimum purchase requirements, i.e. a minimum order of $200 or 12 cases, etc.
  • If you buy in bulk you will need a place to store your inventory
  • You must handle shipping yourself.

While it appears that there are more disadvantages than advantages to doing business directly with a wholesaler, the opposite is actually true.

The fact that you can get a better selection and lower prices far outweighs the disadvantages, but again, this decision should be based on your particular situation.

Many sellers are building good, profitable businesses without ever signing on directly with a wholesaler. You can, too.