How to Find the Right Dropshipping Supplier for Your Business

Dropshipping

As businesses move from traditional retail to alternative methods of shipping and service delivery, dropshipping has become a common topic of conversation. Whether you’re an entrepreneur planning to start your own dropshipping business or an owner of an established online store looking to broaden your product catalogue, finding the right dropshipping partner will help you do so while also cutting overhead costs. Before you make the jump, though, let’s take a look at what dropshipping is.

Dropshipping is a business model designed specifically for online stores in that it allows retailers to sell products they don’t have in stock. The pandemic has negatively impacted logistics ever since it struck, and dropshipping helps address logistics problems by tapping the resources of third-party suppliers. Retailers don’t have to invest in the physical storage and shipping of merchandise. The customer pays the online store, the online store pays the dropshipping supplier, and the same supplier handles shipping and all logistics.

While it’s a straightforward process, dropshipping comes with a few challenges borne of not having control over production and pricing schemes. Because products come from a third-party, any pricing strategies you implement will be dependent on the price you paid for the product and other services rendered by your supplier. It’s also hard to build your brand when there’s a different logo stamped on the products you ship to customers. A major drawback of this is that most of the credit goes to the supplier, but you’ll take the brunt of customer complaints since you’re the one who did business with them. In such cases, you’ll have to rely on your supplier to promptly and appropriately address any product quality issues and shipping delays.

Despite the challenges, dropshipping can be a viable option for online retailers to help save on logistics costs. The key is taking the right approach and finding the right dropshipping supplier that can help take your business to new heights.

YunExpress as Logistics Service Provider

When shipping merchandise internationally, logistics can be challenging because you have to deal with customs clearance in several different countries, while you expect to ship the products ASAP to meet customer satisfaction. This is where YunExpress comes in.

What is YunExpress?

YunExpress is a third-party logistics solutions provider that can handle deliveries to and from 44 countries, including the US, China, Canada, Europe, and Australia. Providing global logistics services for eCommerce companies, it allows online retailers to deliver products to their customers in major locations in as little as 3-10 business days. The main draw of YunExpress, is that it offers DDP (delivery duty paid) customs clearance to hubs in 11 countries. This means that buyers don’t need to worry about the costs and risks involved in the transporting of goods because it’s shouldered by the seller until the buyer receives them. YunExpress custom clears each parcel via local clearance experts in countries they operate in to ensure that all parcels are DDP. 

YunExpress provides logistics services that fall under four main categories: cross-border B2C business lines, postal parcel, FBA transfer, and international express. The company boasts cutting-edge technological solutions, highly efficient hardware systems, and a vast international network of overseas warehouse facilities. 

What to Look for in a Dropshipping Supplier

If you’re just starting out with dropshipping, it would be helpful to check out available dropshipping supplier directories. Supplier directories are typically organized by industry, product, or niche and go through a screening process to ensure that they are legitimate suppliers. Of course, if you’re already familiar with the market or niche you want to sell in, supplier directories might not be necessary. If you already have contacts within your network, then you can work with them or ask for referrals. With a bit of digging, you will find the ideal logistics service provider or dropshipping supplier that provides the products you want and the services you’re looking for. 

If you’re pressed for time or looking for suppliers for a new product category you wish to explore, here are a few things to look out for to get the dropshipper your business needs.

  • Staff with evident expertise in chosen industry
    Being able to talk to a supplier representative who has deep knowledge of a certain market or niche ensures that a dropshipping supplier knows its business inside-out and can help you if you’re trying to break into unfamiliar territory.
  • The right technology
    A company’s website can tell a lot about how a certain organization approaches technology, and dropshipping suppliers with appropriate digital tools in place can help you expand both your catalogue and customer base. 
  • Topnotch customer support
    As a customer, you shouldn’t expect anything less than stellar customer support. There should be an individual sales representative or account manager assigned to you and responsible for any issues you may have. Having your own representative or point of contact will make it easier and quicker to resolve any problems that may arise.
  • Efficiency and organization
    The combination of capable staff and innovative systems lead to efficient and often error-free order fulfillment. It can be hard to see how efficient a certain dropshipping supplier is, but there are some things you can look out for, including how quickly they ship products out, the turnaround time for providing an invoice and tracking information, and the quality of the packaging. Start organizing your dropshipping business and access free invoice templates which can be found online.
  • A strategic location
    A strategic or central location means a dropshipping supplier can reach more locations and minimize delivery times. Quicker delivery times mean lower shipping fees and higher customer satisfaction.

Before implementing a dropshipping business model for your online store, it’s vital that you know what type of dropshipping supplier your business needs and how to differentiate between a legitimate dropshipper and one that’s out to scam you out of your hard-earned money. You should also be careful of retail stores pretending to be wholesalers so they can earn extra income. While this may not seem to be significantly damaging to a business, legitimate wholesale suppliers can always provide better prices because they buy directly from the manufacturer. 

Do your homework and look long and hard before signing an agreement with a dropshipping supplier. Once you find the right one, you will be able to leverage the benefits of dropshipping so that the pros outweigh the cons.

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