Are you dropshipping? As a retailer or a wholesaler, there are many benefits involved in dropshipping select products. The points below can help support you with ideas on how dropshipping may be right for your business and your customers.

1. High tickets items and larger scaled items are great products to consider dropshipping options for. For retailers, you can save both valuable storage space and valuable open to buy dollars when incorporating dropshipping into your buying pattern. Wholesalers win because it offers a great chance to make a worth wild partnership with select retailers that may not carry your product otherwise.

2. Customized products add a nice touch to store assortments but don’t always make sense to have in bulk… but offering a dropship arrangement does. Consider what items you can add to your store assortment that would be great customized, then offer a sample with image selections for customized orders. You save on overhead but still make a dent in your sales.

3. If you are a wholesaler, it is often customary to charge retailers for their store sample of the dropshipped product. Retailers, you may have to pay for your one sample, but you are saving on so much more and have so much to gain in revenue, as well.

4. Customers typically pay upfront for items ordered on dropship terms. While some retailers don’t charge their customers in advance, they always pay the wholesaler prior to the item being shipped. A 50% deposit is a fair request from the customer at time of order, but a full payment is also acceptable.

5. Product production may delay the shipping of a dropshipped product – so be clear in the terms between the wholesaler and retailer as well as the retailer and customer. This can save money for wholesalers, as they may not always have to produce products unless they are actually being purchased. How great is that?

For retailers, adding new product categories to your store may not be in your budget, however dropshipping may allow you to add some depth to your assortment without breaking your bank. For wholesalers, you may have a whole new audience of retailers to consider under these conditions. So what are you waiting for? There are lots of things to consider here to help your business start making more money!