Second Problem Supplier

After the first blog I have share with you the first step opening up the website. Now you need to worry about your supplier. What is your products? 


I have searched and searched for very long time how to find suppliers. For a beginner, it's hard to buy in bulk for cheaper price. Because buy in bulk means that you have to take big risk of obsolescence in technology, warehouse cost and also broken down. 


I think the best way for you is to start with drop shipping scheme. There are many wholesalers want to sell item directly to customers so they set up an drop shipping scheme. Let's me explain for you. Normal retail price is markup of difference distributor levels. Manufacture sell good to wholesalers, wholesalers sent to distributors, distributors sell to retailers. Then, you buy it with at most 100% markup price. 


Dropshipping is the scheme where you don't need to purchase large quantity. You just need to list the item on your website or ebay, amazon. Then, when you get the order from ebay or amazon. You send the company with dropshipping scheme an order then they will send your customers products that you listed.


By choosing dropshipping scheme you can even compete in term of price with retailers. I have registered with dropshipdesign to find all sort of products. You can also find it useful. http://www.dropshipbiz.co.uk?aid=14077


The scheme cost you a little bit due to the fact that they take the risk for you. But in exchange you have your own supplier with low risk. They even do guarantee for you.