1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Dropshipping Questions

Discussion in 'Dropshipping & Wholesale Hookups' started by lorentzo, Feb 16, 2016.

  1. lorentzo

    lorentzo Power Member

    Joined:
    Nov 14, 2010
    Messages:
    773
    Likes Received:
    263
    Gender:
    Male
    Hello,

    I have some questions about dropshipping and i cant find the answers, i need some replys:

    1) Do you need a company to do dropshipping ?

    2) Do you take items from China markets or from forum supliers ?

    3) What kind of payments systems you have integrated in your website ?

    Thanks.
     
  2. LocalProxies

    LocalProxies Jr. VIP Jr. VIP

    Joined:
    Feb 15, 2016
    Messages:
    230
    Likes Received:
    36
    Occupation:
    Residential Proxy Provider
    Location:
    Worldwide Locations
    Home Page:
    I don't have a company, also you don't need a company, you can sell and report the money in the end of the year and pay taxes for them. That way you will cut back all the expenses you have to pay when owning a company.
    I only use dropshipping from China, because the quality is good, and the prices allow you to make a greater profit, the only draw back is the shipping time. With the ordinary china post shipping i wait around 3 weeks to get an item.
    I am using bank to bank transfer right now. If someone wants to buy something he pays me on my bank account and after that i complete his order.
    I hope i helped. Wish you the best.
     
  3. lorentzo

    lorentzo Power Member

    Joined:
    Nov 14, 2010
    Messages:
    773
    Likes Received:
    263
    Gender:
    Male
    Whait what ?

    How ? When they want to buy something you just give them your bank account or you have integrated somehow in your website ?
     
  4. loedown

    loedown Jr. VIP Jr. VIP

    Joined:
    Jun 29, 2009
    Messages:
    1,586
    Likes Received:
    496
    Home Page:
    #1, no
    #2, China Aliexpress
    #3, Paypal and Credit cards (Stripe).
     
  5. anneconq

    anneconq Newbie

    Joined:
    Feb 5, 2016
    Messages:
    26
    Likes Received:
    0
    Home Page:
    For the bank to bank transaction, it could be risky. I would never ever entrust my info.
     
  6. DigitalCity

    DigitalCity Regular Member

    Joined:
    May 24, 2011
    Messages:
    493
    Likes Received:
    283
    Location:
    Outside The Box
    a good example would be an ebay dropshipper which I did for many years and made some serious coin with it.
    Most use this same method and I will explain in brief how it works from point a to b.

    1 you have an ebay account, it is set up with paypal for people to pay you with.
    2. the items (that you already sourced and did the numbers for) are on your ebay page for sale.
    3. When someone clicks and buys the items from your ebay acct. they pay you and the money is in your paypal account.

    4. Now you have to order the item from your supplier/dropshipper who shipd the item directly to your customer on your behalf with your company name on package shipped to them, your customer.
    5. you can pay them directly with the money your customer paid you with using your paypal/paypal debit card or pay them via other smeans you wish.
    this is important to find a dropshipper that accepts paypal or credit card because you can use the same account to accept and make payments with.
    6. once paid the supplier gives you tracking number which you give to your customer and they receive item, they are happy.
    7. YOU KEEP THE DIFFERENCE/PROFIT - You Are Happy!!!

    pretty simple and straight forward, hard part is two part.
    1. finding a good product in demand that has a high profit margin markup
    2. finding a good solid supplier that you can trust

    hope this helps. good luck
     
  7. clumsyjessy

    clumsyjessy Newbie

    Joined:
    Jul 30, 2013
    Messages:
    49
    Likes Received:
    14
    I wonder if my answer will be useful, 'coz i'm newbie on this forum and this thred is ancient...

    1) I registered company.
    2) My suppliers is located in China (AliExpress)
    3) Stripe, Paypal
     
  8. sturose

    sturose Jr. VIP Jr. VIP

    Joined:
    Nov 6, 2013
    Messages:
    1,575
    Likes Received:
    1,936
    Gender:
    Male
    Occupation:
    Clicking my own adverts
    Location:
    Stuck in a rut
    Why are you bumping old threads telling everyone about aliexpress? We all know about them already so we don't need all the ancient threads bumping!
     
  9. clumsyjessy

    clumsyjessy Newbie

    Joined:
    Jul 30, 2013
    Messages:
    49
    Likes Received:
    14
    I just answered questions in the topic. What's wrong? This theme is interesting for me. Is it a big problem - posting replies in old threds? It's still open. What if this guy needs my help?
     
  10. sturose

    sturose Jr. VIP Jr. VIP

    Joined:
    Nov 6, 2013
    Messages:
    1,575
    Likes Received:
    1,936
    Gender:
    Male
    Occupation:
    Clicking my own adverts
    Location:
    Stuck in a rut
    Because You are bumping old threads with the same thing.

    Necrobumping is frowned upon on this site.
     
  11. clumsyjessy

    clumsyjessy Newbie

    Joined:
    Jul 30, 2013
    Messages:
    49
    Likes Received:
    14
    Ok, I see. Sorry, gonna be more attentive
     
  12. hathrox

    hathrox Newbie

    Joined:
    Dec 8, 2014
    Messages:
    9
    Likes Received:
    1
    Gender:
    Male
    What about the payment hold policy of eBay and PayPal? If you're a new seller the payment will be held until the item is shipped or the buyer leaves a feedback. How do you get around that?

    I've actually posted a thread about this a couple of hours ago.