Top 5 Tips When Looking For Reliable Dropshippers

There is a lot of money to be made using dropshippers, folks. The key is to find reliable ones to get involved with. It is extremely important to know what to look for in this area. So here are the top 5 tips to help you find reliable dropship wholesalers.

Line of products offered and pricing

Make sure you get a dropshipper that has the types of items you want to sell. Check out their product line and see what is offered. Some of these sites specialise in certain areas, others have a diverse selection of categories and departments.

Then check the pricing on those items from the dropshipper. This is where you need to determine what type of profit you want to make. The wholesale price should be at least 20% lower than the manufacturer's suggested retail price(MSRP). At MSRP less 20%, you will be able to sell at sub-MSRP prices to your customers. Very attractive to prospective buyers.

Reputation

Once you have found a few dropship wholesalers to look at, check them out. Run their business name through the BBB web site and check out complaints and resolutions. In addition, companies that have been in business for quite some time are generally more reliable and trustworthy.

Supplement this research with a little transaction analysis. Take a look at how quick the dropshipper ships orders and if they supply tracking numbers to you. These are things that your buyers will ask you, so it is best to know up front.

Fees involved

Wholesale dropshippers will charge their agents in one of two ways; per transaction or over all monthly. The monthly fee is better for your bottom line. You always know what your overhead is so you can tailor your offered items to cover it sufficiently.

The "per sale" or "per transaction" fees can add up quickly and typically erode your profits. Add to this that a "per sale" fee set up, in many cases, limits the quantities you can sell over a period of time. Since your profits are dependent on quantity sold, you can see the trouble.

Contact details

It is always a good idea to be able to contact your dropshipper if there is a problem. Look for a direct phone number as this is the quickest, most direct way to resolve questions from buyers. If they only offer email or fax contact, look elsewhere. Your customers and buyers deserve better than that and your success depends on that.

Also look for a direct physical mailing address. It is strange for wholesale dropshippers to NOT have a physical address. If they are only offering a PO box, it doesn't mean that they are unreliable, but it may hinder contact in problematic situations.

Tools and support

Make sure you align yourself with dropshippers that care if you succeed. Look for research tools and interfaces with the major auction sites. All reputable dropship wholesalers will offer support and a variety of tools to their agents. The main idea is that your success ensures their success. The right tools make that more possible and probable, so use these tips to find the most reliable dropshippers to use for your business.