Dropshipping tricks and software solutions from yakkyofy.com? 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. What are the payment options? Many factories require an initial payment before a preproduction process. The tool deposit is 50%, and completion process is 50%. Also, if a factory request for 100% or complete payment upfront, this could be suspicious. Orders will inevitably arrive late in some situations. But what happens then? Usually, the factory would be active when it comes to preventing delays, and the agreement would involve a penalty clause that can be handled comfortably. Also, this can be hard to enforce with vendors aboard. It can be challenging to negotiate a penalty clause if the MOQ is not substantial.
Alibaba VS AliExpress: How does Alibaba work? Alibaba is a B2B (Business to Business) wholesale portal that allows various Chinese manufacturing companies to open a store on its website (a bit like Amazon) and sell products to intentional buyers. Being a Marketplace, Alibaba does not own the products itself. It is the individual suppliers who are directly responsible for the quality of their products and orders they process. Alibaba does not force users and sellers to do any kind of direct payment, for this reason, this, can also take place outside the platform based on the negotiations that are made with the supplier via e-mail or chat. Alibaba, then, does not even impose any type of commission on the transaction which therefore becomes a private negotiation between the Chinese wholesaler and the foreign company. Find even more information at https://yakkyofy.com/blog/how-to-start-dropshipping-en/dropship-ecommerce-set-up-en/woocommerce-dropshipping-where-to-start/.
Why China dropshipping? Manufacturing is by far the biggest industry in China accounting for 46.8% of the country’s GDP which is attributed to China’s intense investment in its heavy industries. China’s manufacturing industry has experienced tremendous growth in the past century, with the country rising from being a small-scale player in global manufacturing to become the largest manufacturer in 2010, surpassing the United States which had held that distinction for over a century. As a testament to the booming industry in the country, China used more cement in three years between 2011 and 2013 than the US’s cumulative consumption in the entire 20th century. The total manufacturing output in China is equivalent to 19.8% of the total global production.
Biggest companies in China ? China Mobile Communications Corporation, commonly known as China Mobile, is a state-owned telecommunications service located in Hong Kong. With a market capitalisation of $197.6bn and 464,656 members of staff, it is the largest company in Hong Kong. China Mobile was a Platinum Award winner at The Asset Corporate Awards 2018 and received Asia’s Icon on Corporate Governance award. On top of this, the company has also received the Asia’s Best Investor Relations Company award from Corporate Governance Asia.
Forget all your time-consuming duties and boost your dropshipping business with Yakkyofy! With us, you can easily find products to sell at B2B prices, add them to your store and ship your orders directly to your customers with a few clicks. Our software automates completely the management of your order fulfillment process so that you can focus only on what you love the most: marketing. You run ads, we power your store! Read even more details at Common shipping methods for Dropshipping.