Drop shipping is a strategy by ecommerce business owners where the retailer does not keep products in the inventory, but relied wholly on wholesalers to ship the product directly to the customers. Today, more and more ecommerce retailers are adopting this strategy because it comes with wide advantages both, the customer and the retailer. When the customer places the order for the drop shipped product, the retailer receives the order along with the payment. Once done, the retailer contacts the wholesaler issuing the purchase order for item with full instructions for the shipping details.
Like these, there are some other advantages, why ecommerce retailer takes up drop shipping method:
For merchants, this is the chance to present more products for sale, especially when has a good inventory to store the product. Having a broad range of product options can help the retailer to market the product and increase the traffic of potential buyers.
Drop shipping allows retailers to market the product quickly because it eliminated the wait time when the product gets shipped from distributor to manufacturer. However, in rare cases the product may get shipped a bit delayed.
With the drop shipping is entirely loaded on wholesaler, the retailer doesn’t have to stock the product and do the shipping work. Thus, it saves a lot of time and helps the retailer to concentrate on other parts of the business.
Retailers have the ability to add and expand the products in the kit, it allows customers to keep shopping on the website. Retailers can keep the customers engaged in the shopping, which certainly leads to increase in the lifetime value of customers.
About Whaaky.com:
Owned by Trade2Online Pvt Ltd, Whaaky is a popular online shopping destination. It works as deal site where deals go online on a daily basis. These deals are available from popular offline retailers across the country. From mobile and gadgets to apparels and fashion wears, Whaaky.com deals with all products.
Gwyneth Paltrow is an American actress and lifestyle entrepreneur, widely recognized for her portrayals of…
Jake Paul and Mike Tyson have both been handed 24-day suspensions by the Texas Department…
One of the most shocking revelations from Married at First Sight UK 2024, aside from…
A powerful storm system struck the northwest US on Tuesday evening, bringing widespread power outages,…
Brad Pitt and Angelina Jolie's highly publicized and tumultuous relationship continues to make headlines, even…
The family of Hannah Kobayashi, a 30-year-old woman from Maui, Hawaii, is desperately seeking answers…