I've Read UNSCRIPTED
- Apr 7, 2014
I hope you dont get a burnout working that much.
The poker part I wont even comment because its just SO stupid in your financial state.
We did a test run by ordering items from China about 2 months ago. 1/3 of the stuff we ordered was slightly acceptable. The rest was just junk that went straight to the garbage. There really is SO many suppliers out there... I think the only way to go is to do private label and just take your time with your supplier. I realized there is simply no way to rush things with them.That is indeed a better way and is also more long term - the method that I briefly described was just for some quick funds to tide over immediate expenses. If you import from China(but why only China?) you need to carry out a detailed analysis of your samples as well as know everything about your supplier. I was just reading Flyleaf's thread and he is right when he says that the best dropshippers my not even realize that they are dropshipping i.e. companies that advertise themselves as dropshippers take huge margins and already know about online ecommerce entrepreneurs and may not be ready to sacrifice their margins for your profits.
But if you do locate manufacturers who have the ability to dispatch items that are ordered and follow the "dropshipping process" for you then you have winners who will help you scale up in the long run, once you have tested out your process and started making profits. I was reading somewhere about 2 dropshippers who make at least 1 trip in a year to China to survey the market and tie up deals for dropshipping products in their niches.
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