Drop shipping does have its downside. For example, it creates customer service challenges as orders can get mixed up, inventory levels change, and product returns become complicated.
Profit margins for drop shipped items are often razor thin too. For example, I work with a manufacturer of apparel that charges an additional $10 per item drop-ship fee on top of the item's cost and any shipping charges. This brand's products often sell for about $59.99, with a cost of around $30. So a product sold from inventory has about $29.99 in margin while a product sold via drop shipping is at $19.99. If a retailer offers free shipping on orders above $50, an additional $5 to $10 of profit is also gone. Add an average return rate, payment card fees, and the cost of pay-per-click advertising, and there may not be a lot left.
With these potential challenges, drop shipping may work best in conjunction with inventorying some products.
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..
Carson/Trump 2016? Could it be that a Wise, Gentle Man among the Predators in Washington needs one Holy Terror of a JunkYard Dog for a Vice President at his side. Trump is in second place in a new poll about the GOP field in New Hampshire, and Carson noted that "the numbers are going to jump around," but he's still happy for the real estate mogul.
Carson said he is happy to be potentially sharing a debate stage with Trump, and that he welcomes him to the race. It's not often you see one Pre-Primary Candidate endorsing another so enthusiastically. Could Carson be telegraphing a Carson /Trump Ticket in 2016? "Donald Trump has earned his place in the race for the White House as a man of 'significant accomplishment,' " Dr. Ben Carson, himself a GOP candidate in 2016, said Wednesday morning on CNN. 326
91 Back in 60s and 70s, many prominent scientists believed that saturated fat was the main cause of heart disease, by raising the "bad" cholesterol in the blood. This idea was the cornerstone of the low-fat diet. Because of a few bad studies and misguided political decisions, this diet was recommended to all Americans in the year 1977.
However, there wasn't a single study on this diet at the time. The American public became participants in the largest uncontrolled experiment in history. This experiment didn't turn out very well and we are still suffering the consequences..9 Lies About Fat that destroyed the Nation's Health
The "war on saturated fat" has been a miserable failure. It was initially based on flawed studies, but somehow became public policy (with disastrous consequences). The worst part is... the governments and health organizations have yet to change their position despite overwhelming evidence that they've been wrong all along. Actually, saturated fat doesn't really raise LDL that much. The effect is weak and inconsistent and appears to depend on the individual . When saturated fat does affect LDL, it changes the particles from small, dense (very, very bad) to Large LDL, which is mostly benign . Saturated fat also raises HDL cholesterol, which is associated with a reduced risk of heart disease . If anything, saturated fats actually improve the lipid profile, NOT the other way around. In the past few years, many massive studies have examined the link between saturated fat and heart disease risk.
Collagen is the main structural and most abundant protein found in animal connective tissue. It is made up of amino acids and contains specific amino acids like glycine, praline, hydroxyproline and arginine. It helps to produce almost 30% of the proteins within the body and is found in tendons, bones, ligaments and skin. It is also found in cartilage, corneas, bones, blood vessels, the gut, intervertebral disc and in teeth. As it gives our skin firmness, suppleness and helps in the constant renewal of skin cells, it is essential for our skin. Ligament is a flexible connective tissue that connects two bones or cartilages. Tendons are connective tissue that connect muscle to bone and are capable of withstanding tension. Tendons and muscles work together to move bones. The bones, ligaments, tendons, skeletal muscles are made up of collagen which is renowned as one of the most predominant proteins.
Functions of Collagen for Skin: Aging is a natural process and its outward projection is the appearance of fine lines and wrinkles. Collagen is one of the most important proteins that makes our skin elastic, supple and youthful. Collagen occurs throughout the body and 29 types of collagen have been identified by researchers. Type 1 collagen which is made up of amino collagen C and Hyaluronic acid plays pivotal role in skin supplements. It reduces signs of aging and provides our skin strength and elasticity.With increasing age, our body's collagen production reduces, which increases the chance of wrinkles and fine lines. As collagen cannot be absorbed through the skin, people use supplements which help to increase the level of collagen in our body. Collagen supplements are really beneficial to our skin as they help reduce wrinkles, fine lines, reverse age of skin, tighten skin and plump it up and also improve skin elasticity... 320
If you've been interested in starting your own internet business but you've been trying to avoid the hassles of things like developing and producing products, tracking your inventory, setting up warehouse space, and maintaining a confusing shipping/receiving infrastructure, then drop shipping may be your answer. It allows you to sell quality, brand-name products on your website for a hefty profit, while someone else looks after product development and order fulfillment. Although the process can be a boon to internet entrepreneurs, you should know the advantages and disadvantages to this business model before getting started.
In addition to not having to worry about shipping products yourself, there are a few other advantages to this business model. First, it saves you the cost of building your own inventory. If you're like most people starting a small business, you don't have a ton of extra money lying around, so the last thing you want to do is tie up your cash in inventory that you may or may not be able to sell.
Second, no inventory also means no leftovers. If the product you sell suddenly becomes outdated, obsolete or just plain untrendy, you aren't the one with a room or warehouse full of stock nobody will buy. Many online retailers find themselves having to offer deep discounts--and taking huge losses--on old products just to get them out of their homes or warehouses to make room for more inventory.
Third, you'll be able to add new products to your site almost instantly. Since you don't have to worry about stocking inventory, if you find your customers clamoring for a particular product, it's not unrealistic to expect you could add the item to your site in just a few days.
Have you noticed there are literally hundreds, if not thousands, of sites selling huge mish-mash selections of inexpensive gift items . . . things like plastic gnomes and porcelain figurines? That's because there are a few very large drop shipping companies that import these items and then recruit websites to sell them on their behalf. Unfortunately, this is not the way for you to go if you're getting started with drop shipping. There are already a lot of giant gift sites out there--and way too much competition for you to reasonably expect to be successful at it.