First let me say that drop shipping is a service provided by a manufacturer, a wholesaler, and a retailer. But in order for you to make money with drop shipping you need to deal with either a manufacturer or a wholesaler, avoid dealing with a retailer because your profit margin will be next to nothing. This is why it is very difficult to make money doing drop shipping the way DS Domination teaches.

HOW TO FIND WHOLESALERS

Being that using a manufacturer is difficult to start up a drop shipping arrangement with, the next best option is to deal with a wholesaler. But you need to deal with a real wholesaler and not a retailer selling at just above wholesale prices, though this could still be of a benefit and I will explain why in just a bit. But there are certain ways to tell if a wholesaler is legitimate.

  • Monthly Fees: A real wholesaler will not charge a monthly fee to their customers for ordering from them, if they do they are likely not legitimate
  • Selling to the Public: Any wholesaler that offers products to the public at what they claim to be “wholesale prices” is just a retailer selling at near wholesale prices
  • Wholesale Account: To get real wholesale prices you will need to get a wholesale account to prove you are a legitimate business
  • Minimum Order Amount: Some wholesalers require a minimum initial order size and do this in order to weed out people who will not be serious in creating a long-term business arrangement

BENEFIT OF RETAILERS SELLING NEAR WHOLESALE

Like I said above, using a retailer that is claiming to be a wholesaler, which is selling at near wholesale prices, can still be beneficial to you when doing drop shipping. Example: For those times when a drop shipper requires a minimum order amount, dealing with a retailer selling at near wholesale prices, can provide what is needed and still give a bigger profit margin over regular retail.

But if you want to work with a particular wholesaler that happens to require a minimum initial order you could do the following. Pay them an advance equal to their minimum order amount and tell them to use it towards future drop shipping orders with them. This will help to establish a line of credit with them and let them know you are serious about doing business with them.

NEXT UP = Why drop shipping is not the most profitable


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johnwnewman Premium
Great stuff Robert! Thanks :-)
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boomergp08 Premium
You are welcome John. Thanks for stopping by.
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Dreamer56 Premium
Thanks Robert great stuff.
Tim
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boomergp08 Premium
You are welcome Tim. Happy you liked it.
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MPollock Premium
Very nice work.
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boomergp08 Premium
Thank you
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Dinh Premium
Thanks Robert!
Looking to forward to the next training!
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boomergp08 Premium
You are welcome Dinh. The next one will be more conversational and story telling, yet providing informtion that is useful.
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RKingsley Premium Plus
Hi Boomer,

I have actually started a blog on this very subject and you are, as always, a truly valuable person to listen to.

Many thanks!
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boomergp08 Premium
You are welcome. I am going to be doing a blog about this myself in the coming weeks on my website and link to these pages for extra content support. :)
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