A No Inventory Cost Business for Successful Entrepreneurs
However, today a new form of dealership exist. Selling without
any inventory at hand! Wow! That means a lot of savings! No
stockroom or warehouse to rent, no warehouse personnel expense,
no large capital needed to buy stock of goods, no worry for a
slow selling item! No kidding. This is actually happening now at
this time of writing and many businesses are now actively
engaged in this form of business strategy. It is called Blind
Dropshipping.
Blind dropshipping works in a very simple way. A merchant or the
retailer finds a manufacturer, importer or a wholesaler that
accepts blind dropshipping. The merchant simply makes the
necessary arrangements with the dropshipper (in this case the
manufacturer, importer, or wholesaler) to sell the goods in
retail but the merchant pays each order at a wholesale rate.
Whenever the merchant takes an order from a client, the merchant
then buys the product from the dropshipper, who in turn ships
the goods to the merchant's client. With blind dropshipping, the
dropshipper does not print their own return address but instead
prints the return address of the merchant on the package. Thus
the buyer is made to understand that the item comes from the
merchant.
In essense, the merchant is also able to concentrate only in
promoting his business, getting orders and receiving the
payments. The merchant is not directly involved in packaging the
goods nor in making the shipment transactions.
Blind dropshipping is now becoming popular among mail-order and
internet businesses. However, there are also many fraudulent
entities that claim to be dropshippers. This is especially true
when searching for dropshippers over in the internet. These
fraudulent companies are a big headache to many merchants.
Imagine if you are the victim, how could you grow your business?
Searching for the right and honest dropshippers is one of the
biggest issues among online businesses. Fortunately, a company
that helps online merchants resolve this issue also exist. This
company is known by its site as www.worldwidebrands.com. What it does is screen for honest
dropshippers and lists them to their subscribers. Thus, if you
are still searching for goods to sell and you are still
searching for the right dropship companies, you simply have to
subscribe to www.worldwidebrands.com.
While blind dropshipping is new to many entrepreneurs, it is
fast creeping into the business world in the US and could
possibly attract businesses in other countries soon.
About the author:
VMT Singuillo has written articles on such subjects as grandfather clocks and
cuckoo clocks, native american
indian artifacts, cheap hotels and cheap
motels, strategic
internet marketing solutions and more.