Confucius once said, “success depends upon previous preparation, and without such preparation there is sure to be failure.”
In order to prevent such failure, always contact the dropship companies you intend to work with before assuming that they dropship the particular product you want to sell. When you contact wholesale dropship companies, make sure that you also ask about any fees associated with drop shipping with that supplier before you get in too deep.
Some of the fees associated with dropship companies are price mark-up, same price, and monthly fee. A price mark-up occurs when the wholesaler marks up the product after getting it from the manufacturer. A second way to charge a fee is by selling the product for the price they were able to get it from the wholesaler but then charging a fee for each time a product is drop shipped. A third way is to be charged a monthly fee and then you can sell the product as often as you wish that month at the price of the wholesaler, without any extra fee associated with it. The dropship companies you’re working with may use all or none of these fees. If they use all of them, the chances of making a profit off the products are very low.
I cannot stress enough, the importance of contacting the dropship companies in advance. You would never want to post something on eBay, for example, and make a sale only to find out that the dropship companies you are dealing with plan to charge you extra fees. For more information please visit GoGo Dropship.
