A Guide to Successful Dropshipping
Drop shipping is a supply chain management technique that occurs when an individual hires a company to deliver merchandise that they sell directly to the customer. Drop shipping allows individuals to make profits from selling items to customers without the burden of having to keep an inventory. Handbags are one of the most popular items to sell using a drop shipper. Handbags are popular because they are usually inexpensive and have a large customer base. Drop shipping handbags can be difficult, but can also be a profitable business venture if you can rise above your competition by effectively marketing your product.
There are many different types of handbags. Handbags come in a wide variety of styles, colors and sizes. Some handbags are manufactured for the mass market and are inexpensive. Handbags produced for the average customer will range in price from approximately $15 to $100 and are available at retail locations like Walmart and Kmart.
Other handbags are manufactured by name brand companies and are much more expensive. These types of handbags will range in prices from approximately $100 to over $2,000. Designer handbags are usually purchased at department stores and small boutiques. It is common for customers to purchase both mass market and designer hand bags online from a wide variety of retailers including eBay and Amazon. Before drop shipping handbags, you will want to consider the price range of the products you wish to sell.
Drop shipping handbags can often be profitable because you can find products at wholesale prices and then mark up the cost to make a large profit. There are many suppliers available that offer handbags at wholesale prices. Sellers will want to note that prices for handbags will vary greatly depending on the supplier. Factors including the size of the company, their location and how long they have been in business will all influence the prices they charge for merchandise.
However, you should be able to purchase handbags from suppliers for significantly less than you would pay to purchase them from a retailer. Mass market handbags can often be purchased from suppliers for $10 to $70 and designer hand bags can often be purchased for $75 to $1,500.
If you are planning to sell handbags, it is often advantageous to sell your products on the Internet. Drop shipping handbags on the Internet will greatly increase your customer base and exposure. There is usually a lot of competition for selling handbags on sites like eBay. You will want to consider creating a targeted web site to sell your handbags. Selling products on your own web site will increase your professionalism as retailer and set you apart from the competition. You can choose to exclusively sell mass market or designer handbags, or a combination of the two. You can make this decision based on your business goals.
Drop shipping handbags is a good way to reduce costs and increase convenience. You will want to make sure you choose a reputable drop ship company with solid customer service. It is often a good idea to sell your handbags on a targeted web site that you create to help eliminate competition that exists on sites like eBay.