[Question] Dropshipping and Cashflow

[lioneds]

How do you manage cashflow when starting a dropshipping business?
I am planning to add a store to my website, I have a good traffic so I'm expecting sales from the beginning but I'm afraid I can't cover paypal holds and 2checkout payout delays.

In short, should I have a large pocket?

 

[agronomi]

How did you get traffic?

 

[guntur9090]

Use credit card

 

[blogzandstuff]

Hey man check your inbox

Why not discuss in the open? It's a forum not you personal message service, @MisterF and other mods take a dim view of this

 

[ecomsuperstar]

Why not discuss in the open? It's a forum not you personal message service, @MisterF and other mods take a dim view of this

Hey i have sent him a personalaise proposal thats why asked to ib me

 

[MisterF]

Hey i have sent him a personalaise proposal thats why asked to ib me

Interesting wording.

A proposal you received to show how this works ?

Or you've generated a business proposal for him?

 

[ecomsuperstar]

How do you manage cashflow when starting a dropshipping business?
I am planning to add a store to my website, I have a good traffic so I'm expecting sales from the beginning but I'm afraid I can't cover paypal holds and 2checkout payout delays
Yes we need have some capital 1 st to fulfill orders before getting money into our bank. We need to be prepared for that.

In short, should I have a large pocket?

 

[ecomsuperstar]

Interesting wording.

A proposal you received to show how this works ?

Or you've generated a business proposal for him?

To show him my work flow sorry for my bad English

 

[Followlix]

To answer your question, yes. You must have money put aside for this. In the first 180 days PayPal can hold your money for up to 21 days (not verified, that's what I heard).
Also, this is a tip. Always, ALWAYS prepare your tracking numbers. If you ever get a dispute on PayPal for a product that you delivered you simply win it by posting the tracking number. Without a tracking number you can say what you want, post what you want, the customer will win the dispute.