If you are doing business such as wholesale dropshipping, the most important thing you must do is to locate your wholesale dropship supplier. They will be the responsible individuals who will provide you the products you need and will shoulder all the task of packaging and delivering the product at the doorstep of your valuable customers.
To locate your dependable wholesale dropship supplier, there are two options you can select from. You can search the web for supplier through search engine. On the other hand, you may want to try locating your supplier with the use of SaleHoo.
In searching the web, you will simply key-in the words or keywords to search for supplier. For example, since you are looking for supplier, the keywords that should be inserted in their search box are “wholesale dropshipping company”. However, search engine will most likely give you thousands of result and it might lead you into confusion on which one is the best to choose. Though, you have to be careful about choosing or you might end up dealing with fraudsters.
On the contrary, using SaleHoo will give you peace of mind that you are dealing only with genuine drop shipping company. How? Given that SaleHoo have pre-screened their members especially those dropship suppliers, the risk of scams are minimized and almost eliminated. For over 8,000 dropship company members that have pre-screened upon joining, you have a lot of options to choose from. You can have higher chance of getting the most suitable product provider for your online business.
In SaleHoo, not just supplier but also products at wholesale products are listed. They have huge listings of dropship product. From those listings, you can choose the best product that will give you bigger profit margin.
Therefore, if you want to do your Dropshipping Supplier UK online business right, do it with SaleHoo. Make the best out of your selling business and start generates profits.
As Seen on BBC News, FORBES and CNN Money
Starting a dropship business is not a dauntingly uphill task. All you need is the right kind of resources and a bit of research. If one were to draw up a flowchart of things to do to start a dropship business then you would only need to decide the items or products that you wish to sell, decide which medium, website or websites that you would use to sell the products, choose one or more dropship companies or suppliers and start selling. Albeit there are management aspects wherein you have to keep amending your list of products, stay upbeat with the best prices and keep altering your marketing strategies.
There is only one point of contention in the flowchart that has not been aforementioned. That is a Tax ID. Dropship companies would need you to have a Tax ID, a sales tax id to be specific, for you to do business with them. Getting a Tax ID requires money, there is some fairly extensive paperwork and you would also need to properly audit your sales records and keep paying taxes, as per the various statutes. Not many people, especially those who are just planning to start a dropship business for the first time, would be interested in either making the investments to get a Tax ID or in going through the entire process of applying, getting approved and bookkeeping that a Tax ID would demand.
Dropship companies would not deal with sellers or wholesale suppliers that do not have a Tax ID and from that perspective you wouldn’t be able to get started unless you have one. But there is a solution to the situation. You can start a dropship business without having a Tax ID, for which you would need to work with buying agents. There are many companies and independent buying agents who facilitate the procurement of products and services from dropship suppliers. These buying agents have their Tax IDs and work on very nominal commission. The commission wouldn’t hurt your profit since you are not indulging in any futile expenses. These buying agents will help you to get the wholesale costs and you can go about the dropship business just as how you would do it had you dealt with the dropship companies directly.