Dropshipping advices and software solutions

Dropshipping recommendations and software solutions? Having a successful dropshipping business is not just about opening a store, and it is not even enough to have a great product. To make your business fruitful, it is necessary to apply appropriate marketing strategies to generate dropshipping sales because just like physical stores, those that are online also demand attention. Although under a dropshipping scheme your investment in the logistics part will be minimal, your business will be useless if you do not attract potential customers. As in digital marketing strategy, it all starts with attracting customers.

Cheap China manufacturers is what started the dropshipping business. What are the payment options? Many factories require an initial payment before a preproduction process. The tool deposit is 50%, and completion process is 50%. Also, if a factory request for 100% or complete payment upfront, this could be suspicious. Orders will inevitably arrive late in some situations. But what happens then? Usually, the factory would be active when it comes to preventing delays, and the agreement would involve a penalty clause that can be handled comfortably. Also, this can be hard to enforce with vendors aboard. It can be challenging to negotiate a penalty clause if the MOQ is not substantial.

Alibaba VS AliExpress: How does Alibaba work? Alibaba is a B2B (Business to Business) wholesale portal that allows various Chinese manufacturing companies to open a store on its website (a bit like Amazon) and sell products to intentional buyers. Being a Marketplace, Alibaba does not own the products itself. It is the individual suppliers who are directly responsible for the quality of their products and orders they process. Alibaba does not force users and sellers to do any kind of direct payment, for this reason, this, can also take place outside the platform based on the negotiations that are made with the supplier via e-mail or chat. Alibaba, then, does not even impose any type of commission on the transaction which therefore becomes a private negotiation between the Chinese wholesaler and the foreign company. See extra details on https://yakkyofy.com/blog/ultimate-dropshipping-guide-en/epacket-vs-special-line-which-is-the-best/.

Why China dropshipping? China is the world’s largest economy based on purchasing power parity with a GDP of $23.2 trillion in 2017. In the recent decades, China’s economy recorded the fastest growth rate in the world with an annual average of 10% recorded over the past 30 years. China is the world’s biggest exporter of commodities, with exports amounting to $2.09 trillion in 2016. The Asian country also has one of the largest consumer markets in the world and is the world’s second-biggest importer of goods.

Biggest companies in China ? With a market capitalisation of US$130.4bn, China Merchants Bank offers leading banking services in China and abroad. The firm was established in Shenzhen, China, in 1987 and it now stands as one of the most influential banking brands in the country. Led by Chief Executive Officer, Huiyu Tian, the bank has won a number of accolades including the Best Commercial Bank of China, the Best Retail Bank in China, the Best Private Bank in China and China’s Best Custody Specialist from the British Financial Times, Euromoney and The Asset respectively.

Thanks to a new Image Recognition Technology, based on machine learning, our Chrome Extension is the only tool on the market that can offer you B2B quotations for your dropshipping products with shipping prices for more than 100 countries in a matter of minutes. We use the fastest shipping service available on the market to deliver your packages: Special Line. With Special Line, we can deliver an item to the US and most of the EU countries within 3 to 12 business days. Discover more details on the fastest shipping method for your dropshipping orders.