Drop Shipping is a new technique of supply chain managements which has given a concept of reseller or retailer
. The procedure of drop shipping is quite simple. Retailers keep a catalogue of all the products which he is authorized to resell. That catalogue contains complete description of product along with its pictures, price and available colors. Retailer also keep a sample for most commonly used products to give customer a better idea of what the exact product will be. Customer then selects his required product based on that description, cost and colors from catalogue. Retailer notes down the model number and send it to the manufacturer with all the details including quantity, shipping mode and shipping address. This is a most commonly used by following type of retailers:
*Small Business Owners: This method is preferred by small business owner who generally sells small order quantities but gets a lucky order of huge quantity. Once he gets that order, he then uses this method of drop ship and contacts the manufacturer and asks for whole sale rates.
*Online Shopping Stores: This method is also used by the suppliers who are supplying the products on internet. They also dont have to make a warehouse and keep all the products in stock which they display over internet. They also use this drop ship method and forward the quantity and shipping details to the concerned manufacturer whenever they get an order online.
*Custom Products: A lot of stores sell custom made products e.g. award & shields, acrylic products, custom shirts with company logos etc. These products of course cannot be kept in stock either. Drop ship is the best method to accommodate such kind of sales and both the retailer and customer can get benefit from that.
This drop shipping concept has shown a new path to trade and made buying and selling easier for everyone. Local retailers can get you international products which are cheap in cost and high in quality. Chinabuye is one such Chinese store which offers the services of drop ship and different retailers can contact them for selling a lot of electronics goods, LED products and computer accessories. Chinabuye offers this service of Dropship to all the retailers and e-stores owners.