Hello Everyone, it has been quite some time since I last update. Oh well I am kind of bored. But don't worry, I plan to publish my monthly sales statisitics along with profit estimation for everyone to see.
Anyway, the reason why I post today is because I plan to make major change to my strategy. You see, so far I rely on my extended family to get goods at heavily discounted price, which is of course cannot be scaled to outside supplier. So, right now I have two path to grows. First, I upgrade myself to wholesaler level, taking risk of stockpiling goods in exchange for higher profit margin. Or second, I increase the prices of goods sold in my online stores so that I can sell more variety of products from suppliers outside my extended family.
And frankly speaking, one thing that differentiate me with other dropshipper is that I know programming while others do not so I am going to take second path now. I have expertise in scraping products and uploading them in bulk. I am going to increase my fashion price by 0%-20% therefore allowing me to sell more variety of products.