Dropshipping tips and software solutions? Having a successful dropshipping business is not just about opening a store, and it is not even enough to have a great product. To make your business fruitful, it is necessary to apply appropriate marketing strategies to generate dropshipping sales because just like physical stores, those that are online also demand attention. Although under a dropshipping scheme your investment in the logistics part will be minimal, your business will be useless if you do not attract potential customers. As in digital marketing strategy, it all starts with attracting customers.
Cheap China manufacturers is what started the dropshipping business. Before selecting a manufacturer to consider the logistics. After identifying a few manufacturers you are interested in working with, take a closer look at the logistics aspects to find a factory that meets your needs. The best way is to contact the manufacturers to get more information before you send a request for quotation (RFQ). You can also consider the following questions: Which type of companies can you work with? Most times, you need to choose a manufacturer working in similar companies. For instance, if you are a large organization with a keen interest in household appliances, you will prefer a factory that tends to work with large companies specializing in home appliances. If you are an entrepreneur producing a tech product, you will prefer a factory that creates a new tech product. Ensure that it is a good fit by looking at the reviews or feedback of previous customers.
Its main feature is to allow the purchase of a small number of items (retail) which, however, being already finished products, cannot be customized and modified unlike the products on Alibaba. All suppliers on Alibaba sell wholesale goods and ask for a rather high MOQ (minimum order quantity). In fact, these companies do not have the products in their warehouse but will produce them according to your order. On the contrary, on AliExpress you buy finished products and consequently, you can also buy them in super small quantities. Alibaba does not process any payments. Therefore it does not take any responsibility for the financial transactions between customers and suppliers. Instead, on AliExpress, being able to pay online, with Paypal you can have the certification of a transaction made. Read more information on ePacket vs Special Line: Which is the Best Delivery Service?.
Why China dropshipping? China is the largest coal producer in the world with a production of 3.89 billion tons in 2014. The country has the third largest coal reserves in the world, behind the United States and Russia with some estimates claiming the reserves can sustain the country for more than a century. The largest open-pit coal mine in China is situated in Haerwusu and has an estimated 1.73 billion tons of coal reserves. Majority of the coal is consumed domestically with China being the world’s biggest coal consumer, with an annual consumption of about 3.2 billion tons. China is also a global leader in the production of non-metal minerals. The country has an annual production rate of 97 million tons of phosphate rock. Other valuable minerals produced in China are tungsten, copper, tin and iron ore among others.
Biggest companies in China ? The Agricultural Bank of China, also known as AgBank or ABC, is the third largest bank in the world with a market capitalisation of $197bn. The regional bank is also part of China’s ‘Big Four’. It was founded in 1951 and has its headquarters in Dongcheng District, Beijing. Today, it has branches across mainland China, Hong Kong, London, Tokyo, New York, Frankfurt, Sydney, Seoul, and Singapore. ABC has 320mn retail customers, 2.7mn corporate clients, and nearly 24,000 branches.
Thanks to a new Image Recognition Technology, based on machine learning, our Chrome Extension is the only tool on the market that can offer you B2B quotations for your dropshipping products with shipping prices for more than 100 countries in a matter of minutes. We use the fastest shipping service available on the market to deliver your packages: Special Line. With Special Line, we can deliver an item to the US and most of the EU countries within 3 to 12 business days. See even more info at Common shipping methods for Dropshipping.