Drop shipping

CreativeMix · Jul 23, 2021

Does anyone have a reasonably successful business that relies on products being drop shipped. I'm not looking for people to give specifics but would like to understand the pitfalls etc..

Paullas · Jul 23, 2021

I have spent the last year drop shipping and a bloody nightmare

so i have paused it for now.
Main thing is make sure you have a live API to the supplier in case they go out of stock and you get orders.

orchardapple · Jul 23, 2021

dont race to the bottom on price, have a USP, do something different, stand out and write your own descriptions

CreativeMix · Jul 23, 2021

Cheers lads. I’m thinking of selling a high value product with multiple brands and distributors. I’d prefer not to drop ship but the problem is a lack of capital to hold stock so drop shipping seems like the only other option. Thanks for the feedback.

3gmedia · Jul 24, 2021

I've had success with stoves.uk

I get an average of 20-30 % profit on these products

I receive the payment through stripe, pay the supplies who then ship it out direct to customer.

Thinking about selling this on sometime in the future.

CreativeMix · Jul 24, 2021

3gmedia said:
I've had success with stoves.uk

I get an average of 20-30 % profit on these products

I receive the payment through stripe, pay the supplies who then ship it out direct to customer.

Thinking about selling this on sometime in the future.

That's encouraging, do you use multiple suppliers and were they enthusiastic when you approached them or did they need encouragement?

3gmedia · Jul 24, 2021

CreativeMix said:
That's encouraging, do you use multiple suppliers and were they enthusiastic when you approached them or did they need encouragement?

I only use this particular supplier, they make their profit on the product but they also get added purchasing power with the manufacturers.

I had a relationship with the supplier already as I buy a lot of boiler spares from them regularly.