It always feels good to go shopping for gifts but if you are working on a long list and a wide variety of possible gift ideas, it can easily become a chore rather than an enjoyable experience. It is sometimes even difficult to finally settle on one gift thinking that there might be a more suitable one at the next store. And what about those who simply don’t have the time to drive to the mall to shop?
A gift ideas dropshipping website is the best solution to this dilemma.
If you have the knack of identifying good gift ideas and have the time to spare, why don’t you start a gift ideas dropshipping website? It is highly profitable, requires little or almost no capital, has low overhead cost and still leaves you with a lot of free time on your hands.
You can start a gift ideas dropshipping business online, either through your own website or through popular selling sites like eBay or Amazon, without having to keep actual inventory of the items you are selling. This is made possible by dropshipping, a popular selling strategy done by virtual shop owners with their wholesale supplier or partners.
Dropshipping means taking orders from your online customers from a showcase of products in your website and then forwarding these orders to your supplier, who then ships the product directly to your customer. The system is quick, convenient and almost risk-free. The profit comes from the difference between your retail price and the wholesale price you will pay your supplier for the item. Freight charges will naturally be charged to your customer and will be paid through you on top of the retail price of the item for purchase.
This a method of making money without the initial cash outlay typical of other retail business. It takes the load off having to keep and maintain an inventory. For a minimal fee, you can avail of web hosting services to set up and maintain your own website. When you start a gift ideas dropshipping website, the only big investment you have to make is on forging a good, trusting relationship with your wholesale supplier/partners.
Dropshipping presents more advantages than just allowing you to setup shop minus the actual inventory. Your supplier will be freed of the marketing and selling part of his business, which will now be handled by you through your online store. Your customers, on the other hand, can view all their choices, purchase and receive their chosen gift without even leaving their homes.
It becomes a win-win system for all.
Starting and maintaining a gift ideas dropshipping website requires you to be constantly on watch though. Regularly browse through wholesalers’ website like Worldwide Brands, Shopster and Dropship direct for new merchandise. If you find items that you think will sell well in your gift ideas website, get in touch with the wholesaler and negotiate for a dropshipping option for their items.
Most wholesalers feature dropshipping but for those who don’t, you can always broach the idea and convince them to try it with you. You can then negotiate for a wholesale price that can allow you to make a decent profit after markup. Request for complete specifications of the items that you post with accompanying individual pictures of the items in your website. This makes shopping a lot more convenient for your online shoppers.
There are several reliable wholesalers online that you can get in touch with. In this business it is important to be safe so commence movement of items only upon receipt of payment. This will be true for you as well as for your wholesale supplier too. For your own protection, proceed with ordering from your suppliers only upon receipt of payment from your customer. As long as you stick to this practice, there will be little or almost no risk in this business.
You will find that starting a gift ideas dropshipping website keeps money rolling all year round. What, with all the occasions that require gifts, such as Valentine’s Day, birthdays, anniversaries, graduation and Christmas, you will most probably find your hands full anytime of the year. For each occasion, try to find gift ideas for all ages, such as Valentines gift for grandma or grandpa or a Halloween gift for a niece. Find specific gift ideas for a group or family for occasions such as Christmas.
Include all occasion gifts too. Feature gifts for every budget. This will give you the leverage over other gift ideas website. After all, gift-giving is for everyone. No matter how big or small the budget; gift giving is almost always a part of our lives.
As you start a gift ideas dropshipping website, brainstorm with friends and think of all possible events where gifts are most appropriate. This will differentiate your store and make it not just another gift item store. Think engagement gifts, graduation gifts, gifts for new parents to a baby boy or gifts for a child winning a sports tournament or even a just-thinking-of-you gift.
If you choose to start a gift ideas dropshipping website instead of just riding on EBay, make your website pages enticing. You can probably design it to reflect each occasion featured for your gifts. Make your customer’s shopping experience on your website feel like they are actually walking into a shopping mall on Christmas and shopping for their loved ones.
It is also a must that you feature gift ideas that are not easily available in actual stores or malls. Price them competitively so your customer will think twice about driving to that store to make a purchase and instead opt to get it from you. As in any kind of business, keeping a competitive edge is key.
Make available as many payment options in your virtual shop as possible. You may receive payments through PayPal or any similar account. Credit cards are currently the most convenient way of online purchase payments so if possible, set up a credit card payment facility in your website. Arrange for the same systems with your suppliers.
Employ all controls to make sure that payment transactions are safe and error-free. In your gift ideas dropshipping website, make sure to have guidelines on returning items. Indicate clearly how the return shipping costs will be handled. Include these in your agreements with your supplier during negotiation if necessary.
Your interaction with your customers does not end after you have received payment and forwarded the orders to your suppliers. It is imperative on your part to monitor the movement of the package from your wholesaler until it reaches the hands of your customer. Despite the seemingly impersonal nature of this business, customer service is still essential to its success.
Set up a mailing list out of all your customers and keep in touch with them on special occasions. Send them notices of sale or if you have new items on your portfolio. There are limitless possibilities to extend your service so always go for that extra mile.
Are you making money with your own dropshipping gift website or thinking about doing so? Be sure to share your comments, thoughts, ideas below…