Thursday, June 25, 2009
Three things affect the ability of the retailer to maximize profits from this arrangement. First, the retailer must have access to a reliable and extensive directory of dropship companies. Second, the retailer must have conducted and continues to conduct market research on the line of products he intends to sell. It is necessary to be knowledgeable about prevailing wholesale and retail market prices in various key locations so that there is no risk of the retailer being taken for a ride by other retailers pretending to be wholesale dropship companies. Lastly, you need to maintain good relationships with both your customers and suppliers.