123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Home-Based-Business >> View Article

Wholesaling And Dropshipping - Two Specialized Fields

Profile Picture
By Author: William King
Total Articles: 365
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Starting an online wholesale business may not be a very easy task. The difficulty lies in the range of unsolicited and unwanted information about wholesale business that clutters the web. Therefore, those who are interested in starting an online wholesale business need to go to a reliable source to gather the preliminary information about how to go about it.
Most of the advice that you will find online will misinform you regarding a lot of things. It will uselessly try to make the whole process difficult. For example, one of the most common misinformation that circulates online is that one needs a tax ID or a re-selling license to start an online wholesale business. There are some companies and individual distributors that do indeed ask for a tax ID to supply the wholesaler with goods to sell. On the other hand there are also companies and distributors who have no such pre requisite. Therefore, having a license or tax ID from the Secretary of State Office is not absolutely essential. You can still conduct your wholesale business without one.
Dropshipping is not very different from any other business that you may ...
... want to start. For example, when you want to set up a store in your city, you would do a market research first, find out about your competitors, etc. In case of setting up an online dropshipping business you must do the same. Not only do you have competition in terms of the billions of websites that are engaged in the same activities, but also that the online business as a concept is evolving very fast. You may find that your line of work has become obsolete soon after you have started working on it, if you have not done adequate research.
The following are some of the things you must find out:
whether there is demand for your product
nature of competition you might face
whether your product will be easily sold
an up to date information about the current market scenario for that product
Selling is not very difficult thanks to sites like eBay which also has an auction selling option. The problem arises in delivering and shipping the goods. Many stores lack far behind when it comes to fulfilling mail order deliveries on time. They lose precious time, clients and revenue because they do not have an efficient fulfillment system in place.
Here is where the difference lies between a wholesale business and a dropshipping business. Wholesalers are those who maintain stocks of goods and try to effect sales through advertising and marketing. These online wholesale companies need a fulfillment agency to take over the job of delivering their goods. Since fulfillment of an order is a taxing job all by itself, there are some agencies involved only in this kind of job. These are the dropshipping firms.
The advantages of such firms are that they do not need to worry about how to increase the sales of the products that they will be delivering. They do not have to maintain stocks either, nor worry about marketing. Therefore, these firms are free of such risks.

William King is the director of Wholesale Pages Designer Clothing Wholesalers: http://www.wholesalepages.co.uk/ukwholesalers/Clothing__Designer-117-0.html, Aid and Trade: http://www.aidandtrade.com, Daily Trader: http://www.dailytrader.com and Dubai Property & UAE Property & Dubai Real Estate Portal: http://www.bayut.com. He has 18 years of experience in the marketing and trading industries and has been helping retailers, entrepreneurs and startups with their product sourcing, promotion, marketing and supply chain requirements.

Total Views: 228Word Count: 572See All articles From Author

Add Comment

Home Based Business Articles

1. Enhancing Your Living Space With Dream Fly Screen Services Across The Uae
Author: Steve Wikins

2. Soy Wax Chunks/cubes For Candle Making | 100% Natural | Namo Creations
Author: Namo Creations

3. Creating Spaces That Inspire: The Art Of Architecture At Sr Creations
Author: SR Creations

4. A Complete Guide To Qualifying For Low-income Housing Assistance
Author: adam

5. Reliable Pest Control Services In Busselton And Dunsborough: Protecting Homes With Expert Residential Pest Solutions
Author: Eliza Jones

6. How A Digital Marketing Agency In Chennai Can Boost Your Business Growth Locally And Globally
Author: Shushanth

7. Dustless Wood Floor Sanding Nj
Author: abcflooringnj

8. Electrician In Cornwall: Your Go-to Expert For Electrical Services
Author: Mr. Electric of Orange County

9. Embrace Sustainability With Off Grid Solar Installation In Dunsborough And Solar Power For Homeowners In Margaret River
Author: Alex Jonex

10. Building Your Dream Home: A Guide To Choosing The Best Individual House Builders In Chennai
Author: Shushanth

11. Stittsville's Top Bathroom Remodelers: Expert Craftsmanship And Design
Author: Martin Trottier

12. Are You Looking For The Best Tour Package In India?
Author: Yatika

13. Ultimate Guide To Small Bathroom Ideas, Layouts, And Dimensions
Author: Ritvik Sharma

14. Discovering The Best Lighting Store In Brampton
Author: Ricky

15. Beyond Household Chores: The Expanding Role Of Housemaids In Singapore
Author: Eazymaid Pte Ltd

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: