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Drop Shipping can help SMEs tremendously
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Bikky Khosla | 03 May, 2011
Small and Medium Enterprises (SMEs) are faced with many challenges. First and foremost amongst them is stocking products for which one needs to rent a store or warehouse space. Secondly, the reluctance of a buyer to deal with a small business entity is always there. Thirdly, the financial aspect. With SME financing a distant dream and many manufacturers and distributors having a minimum order, sometimes SMEs are at wits end on how to expand or even to start a business.
I think, for SMEs who face such challenges, drop shipping can be a boon, whereby these problems can be reduced or eliminated. With drop shipping, selling by Internet, mail order, or export, and without much storage space for inventory at home, can be an easier and most profitable option.
Drop shipping is shipping of merchandise from a supplier directly to the buyer and can thus minimize a SME's inventory and administrative costs. So if you are a SME with a minimum budget, or you are looking to start a new retail business, drop shipping can be the best option. Drop shipping can not only save time and money in your existing business, but can also help SMEs to manage their own supply chain with less effort and with more effectiveness. And what's more! Even if the SME is a manufacturer, it can use this supply chain management technique. But in this case, it will need an agent to act as the middlemen between the SME manufacturer and its customers.
However as a drop shipping retailer, one may have to keep samples or images in the store or website for customers to inspect before purchasing the product. I have seen that most drop shippers have found that the effective way to showcase the products online is on a B2B portal.
The foremost advantage I see for a drop shipper is that there is no need to keep an inventory. When one sells a product, one's customer finances the shipping, while the distributor deals with the stock. Moreover, drop shipping also saves some extra cost required for shipping insurance, warehousing, etc.
However assessing one's drop shipper can be a challenging task for SMEs. Having said that, with a little bit of research one can turn these challenges into stepping stones to success.
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Dropshipping
GinGee | Wed May 25 18:14:09 2011
Hello this is very interesting. I have been researching dropshipping companies and website turnkey offerings here in the USA for 3 years. Unfortunately dropship companies here DOBA, DROPSHIP DESIGN, CLICK BANK, have limited products and everyone else is selling the same stuff on EBAY from these companies. There is a very good opportunity for someone to start a company like this that has much more offerings. HOT TIP: Volusion website company (search online for it is the best and has the back end of the store management tools you need: inventory, coupon codes, special product push to front page, newsletters, email marketing and more. I have lost a ton of money trying to find this info and I put it here and hope you will succeed! $$$$
Yes, it is a boon
Vijay | Wed May 11 18:03:12 2011
Drop shipping concept has gained a lot of ground now, given the expanse that internet (B2B,B2C) has given to business,the world over.
SMEs must try it. They too must own a website or use professional ecommerce sites for the purpose. To advertise their products and such services as Drop Shipping SMEs should also use others' sites too.
Drop shipping- Hybrid seeds
Dr J K Nigam | Wed May 11 12:15:57 2011
Thankx for B2B solutions. We r Hybrid seed manufacturer under Qualitas Crop Sciences brand based at Hyderabad, India. we r also looking for drop shippers.
Drop shipping
Madhukar Raut | Tue May 10 07:02:36 2011
Drop shipment is the advance technique of approching directly to the consumer. it gives direct interaction with the consumer to manufacturer. It helps to know the reaction of the comsumer directly.
We can say, TELE SHOPPING is one of the kind of drop shipping.
But, if you state about the control of Inventory, the another way is to appoint the Super Stockiest, who buy the product on ADVANCE PAYMENT. In this case also, Manufacturer receives the PO in advance, he submit the Proforma Invoice,call the payment and afterwards deliver the product at his warehouse. Now a day, many Big Enterprises using this system to avoid Credit in market and on the term of ONCE SOLD WILL NOT BE TAKEN BACK. This kind of portal gives the confidence to the manufacturer that his product would be in market, as Super stockiest have paid for it and definitely willl sell the same in market.
We can say, TELE MARKETING AND SALES ON ADVANCE PAYMENT IS ONE KIND OF DROP SHIPPING.
Drop shipping
Allan Dsouza | Sat May 7 01:20:39 2011
Nice one, really. This could eliminate middlemen and maximise the exporters
profits. Direct seller to buyer is always better for that all-important feed-back on quality, design and price.
Drop shipping - how to find the dealers
Mrs. Aysegul Gomec | Fri May 6 07:50:15 2011
Dear Editor;
we are interested in finding a cheap way to export our products and may be the drop shipping can be the solution. How can we find a dealer for this process from Turkey to Europe? We are a manufacturer of wedding invitations based in Istanbul, Turkey. Thanks for your interest,Best regards.
More Dropshipping details
Ranjeet singh | Fri May 6 03:32:33 2011
I want to know more about drop shipping what is costing
Dropshipping
Karma Tashi | Thu May 5 11:19:50 2011
Dear Sir,
Thank you very much for the suggestion about the drop shipping. I am a Tibetan Herbal Manufacturer from south India, Mysore, and having a maketing office in Delhi. I am impress with the Drop shipper, but i need more explanation on it. please provide me more detail.
Thank you. i will be eagarly waiting for your mail.
I don't understand drop shipping.
Albert De Gregorio | Thu May 5 10:45:00 2011
Here in my country the best solution to the problem of stocks and sales management for SMEs has been addressed by the province of Cordoba.
Under a standard rule-building complex have been built so-called "business incubator. " These buildings, very cheap but very sober and intelligently designed, are home for ten SMEs. A front entrance, with a large reception. Small local SMEs for each semicircle. Each shop has a counter, separated by a partition panel, no door, another small room for minor repairs or packaging, etc. Premises behind a great place that serves as a "deposit of goods" for the ten SMEs and is managed by only two workers. At the entrance and one of the sides of the Commercial one person as a receptionist, with another person as administrative. With a computer, they billed and administered to the ten SMEs. This means that with four or five people, they manage the stock, customer care, billing, administration, accounting, delivery of goods, etc. . Attention is not a fair or shopping. This complex is for accurate and specific client.
Drop Shipping
Sunil Vaghani | Thu May 5 08:32:00 2011
Like some of the comments below, this system would and can work if there is possibility of returning the goods if they are not as described or have deafects. Unless this matter can be addressed, most people would not buy from SMEs rather buy directly from the manufacturers or know branded big firms to ensure genuine goods and after sale service in case of any trouble.
Company names
C Srini | Thu May 5 07:59:52 2011
Can somebody give some names of companies that do drop shipping in India?
Can't find reliable drop shippers
Ashok Pancharya | Thu May 5 07:46:57 2011
I believe there are a good number of retailers or eCommerce website operators are interested in utilizing the services of drop-shippers (those who are either manufacturers or hold inventories of items) but I could not find any drop-shippers who can ship to customers in India. Another aspect I want to add is the payment gateways may not like the retailers to sell their products on Credit Card payments if they are drop shipped. One of the leading payment processing gateways in India had a condition in their agreement that the items sold are NOT drop shipped. Probably there is a higher risk of getting charge backs from drop-shipping type of orders.
Drop Shipping
Roger | Thu May 5 07:44:34 2011
This is the best concept now working in US, we are also trying to work on same line, more over we should get VAT exemption on online business.
Drop Shipping
Roger | Thu May 5 07:40:45 2011
This is the best concept now working in U S, we are also trying to work on same line, more over we should get VAT exemption on online business.
Drop Shipping
Mrs. Gurvinder Kaur | Thu May 5 06:28:15 2011
We are also looking for drop shippers.
Drop Ship
Mrs Gurvinder Kaur | Thu May 5 06:26:28 2011
We are manufacturers of Amusement products and are planning to sell them online. Drop shipping seems to be perfect for this.
We are also looking for drop shippers
Drop Ship
V G Abraham | Thu May 5 06:07:49 2011
Absolutely right.I am an SME and sell my products online. I am looking for more and more manufacturers who are ready to offer me drop shipping on the same day that I receive an order. Appreciate if there are some and can contact me on my email id.
Drop Shipping
Vijay | Thu May 5 05:39:26 2011
Proposal is nice if it can be implemented. I have seen that after the initial deals, supplier directly likes to deal with the enduser.Agents are bypassed.So it nice to save on inventory but there is a risk of losing business.It would be better if storage facilities like CWC ( central warehousing corporation) were working where goods without payment of duty were kept. Same way developing storage facilities for ready to ship goods should be looked into where by Agent gets 80% gets funds for working capital till final shipment formalities are completed.
Drop Shipping
sudha | Wed May 4 14:28:47 2011
Exporters who are only traders and not mfrs can get benefitted between the mfrs and buyers - this mode of operation should be helpful. However, for the exporters who would like to establish with full force, can you please advise. I am an exporter who has started with a vision of exports, last year and still working on first consignment. this article is bit scary for exporters. obviously understandable for riskwise. but still..
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