5 Must-Ask Questions During A Dropship Review
The dropshipping industry is a classic case study of a good industry gone bad because of unorganized players in the market. There are many genuine dropshippers out there that can provide you with the benefit of lower prices, no inventory, and wide variety, but they are crowded amongst so many shady businesses. A genuine retailer usually deals with a few fraudulent suppliers before he or she totally give up. Instead, smarter retailers have started conducting dropship reviews. This enables them to gain experience from the mistakes that others in their industry have made. Here is an example of the type of things they review and the questions that they ask:
How Long Has the Dropshipper Been in Business?
This question is of paramount importance. Please ensure that you deal with a dropshipper who has been in business for a substantial amount of time. Or, you must have evidence to believe that they are going to stay in it for the long run. In this industry, companies come and go overnight. This is the whole reason why wholesale review has become such an integral part of choosing your supplier. Also, if they have been in business for long, there is data available on their past transactions, which you can scrutinize to get a hint of their operations and organizational culture.
What Are Their Charges?
Dropshippers can charge you in a variety of ways. Some of them may be disclosed to you only after you sign the contract. These are called hidden charges, and there are plenty. No matter what charges they come up with, ensure that you check that your incentives are aligned. If they come up with monthly charges, then they could make money while you lose money too! So, beware of such charges. Also, compare their shipping and other such charges to services like UPS. Many wholesalers make money off shipping as well. This is where an esources review comes in handy. Usually, someone has dealt with these suppliers in the past, and you get to learn from firsthand experience.
Are the Final Prices Competitive?
While conducting a dropship review, ensure that you check two things. Firstly, are their prices competitive today, and secondly, are they going to stay that way for very long? The first bit can be checked by a general eBay search regarding the listed item. For the second, you will have to delve into their pricing policies and price histories to see if they raise prices arbitrarily.
Do They Guarantee Availability of Products?
A dropship review must concentrate on the reliability of the promised delivery of the products. Many dropshippers will make promises but fail to deliver on them. Look at their past data as well as their policy for details.
What Are The Customer Service Guidelines?
Lastly, when you choose a dropshipper, you are completely dependent on them for your customer service. And this is something that should not be left to chance. Hence, ensure that you include in the contract clearly about what your expectations regarding customer service are and how they will be enforced. A dropship review must make customer service expectations clear to both the parties involved.
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