Benefits Disadvantages Is dropshipping for you?
Retailers sell the products to consumers
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- What the customer experiences
3. Retailers sell the products to consumers.
Suppliers and wholesalers do not sell directly to the public; that’s the retailer’s job. The retailer is the final step between the product and the consumer. Retailers provide online storefronts from which consumers purchase products. After the product has already gotten marked up by the wholesaler, the retailer marks it up yet again to arrive at the final price. By ‘mark-up’, we’re referring to setting a price that covers the cost price of the item and brings you a profit. That’s it! That’s the entire supply chain from start to finish. It’s a straightforward but crucial concept in business. You might have noticed that I didn’t refer to any specific party as a dropshipper. That’s because ‘dropshipper’ is not a specific role. Dropshipping is simply the action of shipping products for someone else. Manufacturers, suppliers, and merchants can all technically be dropshippers. 1. What Is Dropshipping? 22 In this guide, I’m going to cover how to start a dropshipping retail business. In other words, I’ll show you how to become the merchant that purchases products from wholesalers to sell to the public. This could mean you sell via eBay or your own website with an online storefront. Now that you know what the supply chain looks like, consider what it’s like for the customer. What the customer experiences You’ve bought products online hundreds of times before, but you’ve probably never thought about the experience. It’s second nature for consumers. As a customer, you don’t need to think about it, but as a retailer, you absolutely should. Image source 1. What Is Dropshipping? 23 Retailers can learn a lot by thinking about the ideal customer experience of ordering from a retailer. This may seem obvious, but if there are any snags in the customer experience, it could spell trouble for you as a retailer. It’s important to know what your buyers expect. For the sake of explanation, let’s pretend you have a business called Fancy Water Bottles, a site called FancyWaterBottles.com, and a wholesaler called Water Bottles Worldwide. Here’s what the ordering process would look like from the customer’s perspective: Download 5.88 Mb. Do'stlaringiz bilan baham: |
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