We have a page on our site dedicated to exactly what Drop Shipping is. Please go here;
No, Worldwide Brands is not a wholesale supplier. We are a service provider. We locate genuine wholesale suppliers, verify their legitimacy to make sure that the supplier is a genuine, real wholesale supplier for wholesale products. We make sure that they are willing to sell products to online retailers at wholesale cost and see if they will work with sellers that like to sell on eBay or Amazon. Once we do all this leg work, we then place the company in our searchable database for our members to locate. For more information Go here;
For a detailed description on How it Works, please go here;
We are not a middleman. We verify the wholesale product sources for our members. Then it is the member’s responsibility to search the Product Sourcing Tool for wholesale suppliers that carry the products that the retailer wants to sell. Our members must contact the supplier they want to do business with, and setup an account directly with the wholesale supplier to obtain the best wholesale pricing.
With dropshipping, you are not buying the products upfront. So it doesn’t matter the number of products that you list for sale. With the light bulk suppliers in our database, they have minimum orders of $500 or less, so you can keep your own inventory for better profit margins.
With dropshipping no. The supplier will be sending the product on your behalf to the end customer. You will pay for the product once a customer orders from you.
We do not list wholesale suppliers with membership or account setup fees.
A drop ship fee is also called a “handling” fee. This is the fee to pay the wholesale supplier to split apart cases and pack one product to send to your customer.
If there is a drop ship fee, they typically range from $1.00 to $5.00. Sometimes you will see a higher drop ship fee, which is understandable once you see the type of product that will be sent. Delicate products take more to pack and ship them, so the extra cost has to be charged in the drop ship fee.
This all depends on the products that you source and the supplier that you work with. All wholesale suppliers have their own wholesale pricing structures, so you will have to contact the wholesale supplier that you want to work with to get those wholesale prices to see what type of profit you can make.
You can go here;
http://www.worldwidebrands.com/wwb/productsourcingresearch.asp for more detailed information on how we find wholesale suppliers that dropship products to list in our Product Sourcing Tool.
A middleman is a company that was created to simply pass on orders. A middleman will not hold inventory and will send your order to the actual manufacturer or wholesale supplier to send the product. They charge extra fees to do this, and that is typically found in the increased
The wholesale suppliers that dropship, will provide you with all the images & product descriptions that you will need to sell the product once you have setup an account with the wholesale supplier.
We do not offer this, as we are not the wholesale suppliers. But many of our listed wholesale suppliers do offer data feeds.
You can use dropshipping to sell on eBay. eBay is a good place to test the product market to get more instant results. It is difficult to compete on eBay, so it’s best to purchase in light bulk quantities to sell on the eBay platform. You will get even better pricing by purchasing wholesale products in this manner, and you will have the control over your shipping so there will not be an issue with feedback.
Many wholesale suppliers have real time inventory. That means that at any given moment, you can go to the wholesale suppliers website, and they will tell you the number of items left.
Dropshipping wholesale prices are higher, because you are buying one product at a time. Bulk discounts occur when you can purchase the required minimum from a wholesale supplier. The more you buy, the higher the discount. This is how large chain stores like Wal-Mart, Target, Best Buy and etc are able to keep prices so low. They are buying in HUGE quantities to stock their stores Worldwide.
Dropshipping takes extra time and manpower. Many wholesale suppliers are not willing to do business this way and it will increase their overhead.
Yes! In order to work with any legitimate wholesale supplier, you need a tax ID. The tax ID is called a Sales & Use tax ID in most States. It can also be called a Seller's Permit or Reseller Certificate. Check with your State's Department of Revenue!
Anyone from anywhere can purchase access to our Membership and still get a lot of benefit! Over 50% of our listed wholesale suppliers will work with international retailers. That means over half of our 8,000 listed suppliers will work with you! If you are interested in a specific country, and only want to work with wholesale suppliers in that country, you are welcome to contact customer support and they will check for you. Keep in mind, that since International rules differ from the US, there is no tax ID involved like you would need for the USA. So you will typically not need a tax ID in order to work with US wholesale suppliers. However, you will still need to obtain a registered business name and any other documentation required to prove you are a legitimate retailer. So you will need to check with your country or region to see what you need to show you are a genuine retailer. Quick tip! In a search engine, type Starting a business in XXXX and replace the X’s with your country name. There are a lot of great free resources out there that will provide you with what you need to know.
Yes! In order to work with any genuine wholesale supplier, you need a tax ID. Please see your State’s Department of Revenue’s website for information about a sales & use tax ID.
Your website or online store is your store name. Business names can differ from your store name. But the important thing is to register with your state.
An EIN is a federal ID number. This allows you to have employees and submit taxes on those employees. Many wholesale suppliers will accept an EIN, but you also need to get a Tax ID number from your state to charge sales tax to any customer that is also located in your state.
Getting a tax ID is relatively easy for most states! Many states have registration forms online. Simply find your State’s Department of Revenue on a search engine, the site will have a .gov at the end of the URL. Search for: State Name Department of Revenue or Search: Getting a Tax ID in State Name.
Many of the listed wholesale suppliers will send the product in your name, or they will blind drop ship, so the customer doesn’t know exactly where it came from.
A wholesale supplier's business is selling to retailers, not the end consumer. Some wholesale suppliers have contracts you can sign that will state they will not market to your customers.
This will vary from wholesale supplier to supplier. Each has their own rules on returns. You will have to adhere to the wholesale suppliers policies.
Blind dropshipping is when the wholesale supplier will use a return label that reads something like
"Fulfillment Center" or "Shipper" as the business name.
This can be complicated, since a customer could potentially order 2 different items from 2 different suppliers. You wouldn't want to charge your customer too much for shipping, so you can do a few things; 1. You can make sure that your suppliers use one service like UPS to ship. Then you can use the UPS calculator to get shipping costs for the 2 products from one location. Or 2. You can calculate shipping charges on each product and charge a flat fee for shipping. You will lose money on some shipping charges, but you will gain on others.
No overhead is the first benefit. You are not storing and stocking the inventory, so there are no extra costs involved there. There are no extra costs for you to take the time to pack and ship the product. Dropshipping is also great for testing the product.
Yes you can, but it makes shipping more complicated.
Please see this question.
Worldwide Brands Members have the power of our Research Team behind them! On the right side of the Directory is a Can’t Find it/Product Request area. Click to submit your product request to get help.
When we go through the process of verifying a supplier, we check on many different things. We also monitor the listed suppliers and get feedback from our members. If a wholesale supplier closes business, changes their wholesale programs or becomes unreliable, we remove the supplier immediately.
These are all brand new, straight from the factory products. Some are products that can be placed in a dollar type store, but other products are more for boutique high end stores. There is something for everyone in our Product Sourcing Tool.
Hot lists are not to be trusted. If you are looking at a hot list, then thousands if not millions of other sellers are looking at that hot list too. That increases the competition on those products, and you can easily be driven out of that product marketplace.
We do list suppliers from all over the world, but the majority of the wholesale suppliers we list
are based in the USA & Canada. But if you are an international retailer, 60%-70% of the listed wholesale suppliers will work with you and ship products worldwide.
If you are a wholesale supplier that dropships and/or sells in small bulk quantities (under $500), please go here;
http://www.worldwidebrands.com/freelisting to submit your company for a listing in our database.