Monday, February 21, 2011

Selecting the best directory for Wholesale Dropshipping

The process of Wholesale Dropshipping involves selling products to customers via a reseller. The reseller gets products shipped to the customer’s house rather than investing money in stock and maintaining a ware house. The wholesale supplier, the reseller and the customer stand to gain by this business model. First, the wholesale supplier gets more customers through the reseller. Second, the dropship reseller stands to gain a commission in the form of wholesale price for the product, which he or she sells at retail price. He also has the advantage and the convenience of zero stock and negligible investment which a retailer doesn’t have. The customer also gets niche products and personalized service at his door step. He gets the best products and doesn’t have to shop tediously for them.

For wholesale dropshipping to be successful, resellers need access to two things: one, wholesale dropshippers or wholesale suppliers and two, wholesale dropshipping opportunities. Needless to say, since finding registered, reliable wholesale dropshippers is difficult, the same wholesale supplier may be supplying goods to customers of multiple resellers. This situation can create a competition among resellers.

Dropshipping does offer many opportunities to resellers as well as wholesale dropshippers. The trouble is that they cannot find each other through regular business to business channels. A good trade directory takes care of this problem. Since most drop shipping happens online, looking up trade directories helps both wholesale dropshippers and resellers.

What is a trade directory?
A trade directory is a list of wholesale dropshippers names. Every wholesale supplier has to pay a fee and register his firm with the directory. The directory publishes, the name, address and contact details of the wholesale dropshipper after verification. Some of the advantages of trade directories are:

Mutual advantage: Resellers always look for reliable wholesale supplier who offers discounts; on the other hand wholesale dropshippers always looks for more customers. By getting in touch, they can help expand each other’s business.

Direct communication: By using a trade directory, both wholesale dropshippers and resellers can communicate to each other directly rather than involving other people like agents, manufacturers, distributors’ etc.

Genuine addresses: Trade directories feature registered wholesale dropshippers so resellers do not have to doubt their authenticity. Since trade directories often check details of people they list, resellers will know the address and contact information of wholesale dropshippers provided is genuine.

Additional information: Trade directories also provide additional information about events like auctions, trade fairs etc that can be of benefit to both, resellers and wholesale dropshippers.
Looking at wholesale dropshipping opportunities trade directories offer the best chance for UK dropshippers as well.

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