How to Start a Drop Ship Online E commerce BusinessPRESENTED BY

SRINI RAJA

DIRECTOR

TPSYNERGY.COM

(WWW.TPSYNERGY.COM)

512-827-7407

Zero Inventory

Any E Commerce Business will love to have zero inventory in stock, yet do a lot of sales.

This is possible with drop shipping operations.

Drop Ship Supplier

Basically, you find a reliable supplier who maintains inventory of items that you want to sell, negotiate price with the supplier and get the list of items. 

Turn around the order to your drop ship supplier and let them directly ship it to your customers. 

You pocket the difference between the price you sell and the price you buy. 

Sounds simple right. The Devil is in the Details.

Challenges in Drop Ship Business

Your pricing should be carefully modeled so that you still make profit but at the same time remain competitive in the market.

Closely monitor the shipping of orders in time by your drop ship suppliers.

Ensure that you get updated price list, stock position from your drop ship suppliers. You will have to periodically adjust your price and stock availability according to the information from your suppliers.

1.Closely monitor the shipping of orders in time by your drop ship suppliers.

Challenges in Drop Ship Business

Negotiate a return policy with your suppliers in line with your online stores return policy.

Update your shipping policies in line with your suppliers shipping policies

Above all, maintain a close watch on all the orders you get, price at which they get fulfilled to calculate your profitability and adjust the price accordingly.

1.Update your shipping policies in line with your suppliers shipping policies

One or Many Drop Ship Suppliers

Dealing with few drop ship suppliers with a large variety of stocks is much easier than dealing with multiple suppliers with a small list of inventory.

Also the market place or your online stores should be large enough to justify the volume of business and transaction costs.

Tool to Manage Drop Ship Business

It needs a good software tool to manage the drop ship business as each customer order need to be linked to a drop ship order as a good level of tracking is needed.

Synerfye

Synerfy (www.synerfye.com) with its Drop Ship Ecommerce app can help you to get your drop ship business started with minimum investment.

Honest Green (www.honestgreen.com) is a drop ship supplier with huge stock of drop ship inventory.

Synerfy is integrated to Honest Green so that Amazon Market Place or Amazon Web store can be synchronized with Honest Green with minimum effort and cost.

Presented By

SRINI RAJA

DIRECTOR

TPSYNERGY.COM

(WWW.TPSYNERGY.COM)

512-827-7407