Drop shipping fulfillment strategy is where the retailer does not keep products in inventory, but relies on wholesalers or manufacturers to actually ship orders to customers. Lots of Great advantages that make it attractive to online sellers.
For Instance When a customer places on order for a dropshipped item online, the retailer receives the order and payment for the order, and then either automatically or manually contacts the wholesaler or manufacturer, issuing a purchase order for the item and providing instructions for shipping directly to the customer. The wholesaler or manufacturer does the shipping, anUnfortunately there are some "gotchas" to consider too.
In a dropshipping thing, the retailer does not receive, stock, store, pull, pack, or ship products. All of these tasks are time things, which means drop shipping saves time. In a ecommerce business where the storeowner may also be the shipper, this additional time will be available to actually sell products, which should benefit the company. In larger operations, the timesavings may result in a reduction of labor costs.
So now a good friend tells me that a two year old company called DS Domination (the DS is for DropShip I think), has blossomed finally.
Evidently the new company INFINii has been in the plan since the start of DS Domination and now that the company has two years and over two billion in sales under it's belt, they've decided to Launch what they call the Next level of DSD.
It appears the strong offering is training to actually do what I've thought about doing, and that's selling on Amazon. But more than that, they talk about CO-OPs where a certain group of folks, really anyone, decide to pool their money and buy bulk goods from China for cheap and sell them on Amazon as 'Fullfilled by Amazon'.
Why should this interest me? I'm into alkaline water and have received many email offers from China based companies trying to sell me Alkaline water pitchers for like $6ea in lots of 100. I've seen these types of things for $29 at the cheapest, so yeah — I can see the potential.
I also live completely off the grid so Solar Battery chargers are something I've bought a few of on Ebay as backup for emergencies. But that's been from Americans selling products.
For instance I bought a Morning Star charger on Ebay for $179. but could have bought the same thing without the brand direct from China for $49.
Am I bold enough?
Can I do it?
We'll see. I'll keep you posted.
INFINii DS Domination isn't even live yet and I am already seeing possibilities here..