Is Drop Shipping A Wholesale Clutch Purse A Great Business Idea?
The American handbag market witnessed a sharp fall around 2008
, on account of the global recession. However, the trends have steadied over the years and an impressive performance is on the cards over the next couple of years, predicted the Gemological Institute of America (GIA). Handbags have become more of style statement than necessity. Both the online and the offline market holds an impressive range of options for buyers to choose from. If you are looking for discounted deals, online shopping would perhaps be the best choice. Not only can you buy for yourself, but you can also buy a wholesale clutch purse and sell it to your clientele. The profit margins too would be handsome!
However, when you buy a wholesale clutch purse from an online seller, how do you have it delivered to him? Well, the vendors would have it drop shipped to your client for a fee! Doesnt it seem like an immensely convenient arrangement? However, it is imperative to delve into the subtle nuances of the deal to get a clear picture.
How Will Drop Shipping a Wholesale Clutch Purse Prove Advantageous?
Drop shipping your wholesale clutch purse will be an extremely favorable business arrangement due to the following reasons:
First, you get to access the entire inventory of the seller. Provided you have chosen an accomplished online selling platform, there would be no dearth of options to provide to your buyers. Hence, they would find it easier to select options.
You can provide for an impressive inventory without having to engage stocking space. There would be no warehouses to pay for. Furthermore, you also would not need a retailing space.
You would not have to worry about shipping modalities either. The products would be delivered on time to your prospective clients.
Buying a wholesale clutch purse online would also not involve too much capital pumping. You would have to spend a manageable amount on minimum purchase, as security.
Drop Shipping a Wholesale Clutch Purse: Considerations
The advantages associated with drop shipping a wholesale clutch purse would be subject to a few considerations. Some of the prominent ones include:
When you associate yourself with an online seller, your reputation automatically becomes dependent on him. So, you would have to ensure that the quality of products provided by him is up to the market standards.
Since the products would be drop shipped from their end, you would also need to assess the delivery modalities. What if the product gets damaged on the way? What happens in case of delays? Are all the terms and conditions of the return and refund policy applicable to your buyers as well? These are some of the most relevant questions you need to find answers to.
When the seller drop ships the products on your behalf, you would need to consider the shipping charges levied on you as well. How much do they eat into your margins? Would this arrangement be a feasible one in the long run? These are some essential assessments to be performed.
by: Lucy aikin
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