The very beginning of the year is a great time to find incredible product buying opportunites. One of Worldwide Brands approved wholesalers is offering Worldwide Brands members an exclusive offer on iPod Shuffles. If you’re a Worldwide Brands customers, login to your account and learn the details. This offer is only available til the end of January or while supplies last and they’re already going fast!
Last week, we talked about the advantages of drop shipping, especially for new online sellers. I promised that we’d get to the limitations of drop shipping, and some techniques for overcoming them. The primary disadvantage associated with drop shipping is the slim profit margins. One of the biggest complaints I hear from new e-tailers is that their wholesale drop ship prices are as high as their competitors’ retail prices, so they don’t have any room to make a profit.
Let’s start by understanding WHY drop shipping profit margins tend to be thin. The explanation is simple: your wholesale prices on drop shipped products are always going to be higher than your wholesale prices on products that you buy in bulk. There are a couple of good reasons for this:
We have great news! We were able to get several more special 6 months off free coupons for Yahoo Store. We also got an extension on The deadline for registering the coupon – It now expires on January 15th, 2009.
Here’s the details:
NEW YEAR SPECIAL BONUS ! (limited time extended offer)
6 months free hosting with Yahoo
Worldwide Brands and 1 Choice 4 Your Store have teamed up to give YOU risk free 6 months to try Yahoo Stores. We even include free videos and education for you to get started. But you have to ACT FAST – We were able to get a few more coupons, but they’re going fast.
If you’re a Worldwide Brands member, login to your account and get the Bonus Feature Details on how to register for free.
If you’re not yet a Worldwide Brands member, there’s still time to your New Year Resolution started. You must register your coupon by January 15, 2009, so order now! By the way…that’s a $779.70 value Yours free!!
Thanks Everyone for Your Patience! The Dust has settled. Our new server is now launched and once again very active helping you all find the best drop shippers and wholesale suppliers in the online retail industry whether you’re selling on eBay, selling on Amazon, or your own website.
We pride ourselves in the best personal customer service. If you still have any questions about your Worldwide Brands account or how Worldwidebrands can help you, please give us a call 877 637 6774 or email at email@example.com.
Director of Marketing
On Sunday Morning,
January 4 at about 5 AM, our Windows Web Server underwent one of those “Windows Updates” that we all know and love so well. :o) Unfortunately, during this Update, the Server developed a ‘Windows Operating System Error’. I’m sure we’re all familiar with those too, aren’t we!
Our Hosting company, Peer One, decided it was necessary to re-load Windows Server onto the machine. Since this web server has been running faithfully without any down-time for more than four years, but was getting a little older as computers go, we decided to take advantage of this opportunity to build a brand new Web Server for Worldwide Brands.
So, Peer One is now in the process of working with us to build a bigger, better, faster, more efficient Worldwide Brands Web Server to handle your needs for the next several years into the future. While this represents a slight inconvenience for a couple of days, it is overall a great benefit to all our Visitors and Members. So, please “pardon our dust” as we build a new, faster, better Worldwide Brands Web Server. We expect it to be fully operational by Tuesday, January 6 at the latest, and look forward to seeing you back here then!
If you have any questions, you can reach our toll-free Customer Service at
My sincere thanks for your patience and understanding as we work to improve our services to you!
Follow us for free on Twitter for continued updates, www.twitter.com/worldwidebrands
Happy New Year everyone!
Worldwide Brands wishes great success to everyone in the New Year!
Our offices will be closed on Jan. 1st – 2nd. We will return to normal business hours on Jan. 5th. Customer Service will be doing part time email work during the weekend. So please do not hesitate to contact us at firstname.lastname@example.org
Cheers to 2009!!
This is the time of year that a lot of people decide to begin their own online business. New year, new resolutions, new chance for a fresh start.
With the current economy and high unemployment, many people NEED to start an online business, because they need an extra source of income to get by. That’s why, this month, I want to focus on one of the easiest ways to get started selling online – drop shipping.
Drop shipping, for anyone who doesn’t know, refers to purchasing products from wholesale suppliers, one-at-a-time, and having them shipped directly from your wholesaler’s warehouse to your customers’ homes.
Not every wholesaler will drop ship their products for you. The reason for this is that wholesalers operate on very thin margins and make their money by selling in large volumes. In many cases, wholesalers simply can’t afford to drop ship products and still make a profit. That doesn’t mean, however, that you can’t find dropship wholesalers who will work with you.
The first thing you need to know is that, in order to set up accounts with them, you will need to make your online business legal. Regardless of whether or not they drop ship, real wholesalers will require your business name and tax ID in order to sell products to you at wholesale prices. (There are legal reasons why they do this.) You can find out how to get a sales tax ID for your state inside our Resource Center.
*On a side note:* If a supplier tells you that you don’t need to be a legal business to work with them – run as far and fast as you can. No matter how much they may claim to be a wholesaler, a supplier who sells directly to the general public (a.k.a. anyone who is NOT a legal business) is called a ‘retailer’. And since YOU are the retailer in this scenario, you don’t want to be buying from another retailer. This will only raise your product costs and lower your profit margins.
To make sure we’re all on the same page, let’s look at an example of how drop shipping works:
You decide to get started online and take advantage of the 2 months of waived ‘Selling on Amazon‘ fees that you receive as a bonus with your membership to ‘The Whole Sale‘. Inside the Worldwide Brands’ Members’ Product Sourcing tool, you find a dropship wholesaler of bread and cake pans, and you put up a number of their products on Amazon.
When Amazon notifies you that you have sold a set of pans, you immediately pass that order, along with your buyer’s information, to your drop shipper, who then sends the pans to your buyer’s address.
Your buyer pays you; you pay your supplier. The difference between your retail price and the total cost of listing and selling those pans is your profit.
That is the basic outline of the drop ship process.
There are several things about drop shipping that I want to cover with you, but there’s no way to touch on them all this week. So over the next couple weeks, we’ll talk about:
- the drop ship fee
- drop shipping best practices
- drop shipping profit margins
- drop ship suppliers
- drop shipping logistics
But today, we’re going to start out by explaining WHY drop shipping is such a great product sourcing method for you when you’re a new online seller. There are several key reasons:
- Lack of start-up costs. One of the biggest reasons people are starting to sell online is that they need extra money. They don’t HAVE a start-up budget. Drop shipping is the only wholesale product sourcing technique that doesn’t require any sort of investment in inventory. In many cases, your buyers pay you before you even have to pay your supplier. This makes drop shipping an ideal arrangement for anyone looking for a low-cost way to start a home business.
- No risk required. Because there is no inventory investment, you don’t have to worry about spending money on products that might not sell. You don’t have any funds tied up; so you don’t stand to lose anything if a product doesn’t move.
- Ability to offer a deep selection. Since you don’t have any carrying costs, you can easily offer a deep selection within your product niche (which is a great way to ‘add value’ to your online store). You can become the go-to retailer for your particular niche market.
- Ease of test-marketing. There’s no cost to test market seasonal products, special holiday items, and new ‘trendy’ items. That’s not to suggest you shouldn’t do your market research; but if you make a mistake and pick a ‘dud’, you don’t have to eat your losses.
- No storage issues. With stockless retail (as drop shipping is sometimes called), you don’t have to turn your guest room, basement, or garage into a storage facility. And as your e-business grows, you don’t have to rent warehouse space or deal with warehouse staffing, handle inventory management and tracking, or worry about reordering products before you run out.
- No shipping issues. You don’t need to buy special packing materials or boxes; pull the right products to fill every order; or wrap, pack and address every order. And you never have to set up an account with a shipping courier, schedule package pick-ups, or take your packages to a shipping center.
- Recovered time. Tracking inventory and shipping orders can eat up a BIG chunk of time for online sellers. The time that you gain back by NOT having to repeat these tasks, day after day, is time that you can now spend finding new products to sell online and marketing your online business to the world.
As you can see, there are some very compelling reasons why drop shipping is a great way for you to get started selling products online. It affords you an opportunity to start a home business even if you lack the money to get one going. Online success is never an ‘easy’ thing, but drop shipping is about as easy an entry point into ecommerce as you can ask for.
Next week, we’ll cover the limitations of drop shipping and how to overcome them.
Just 6 days left! When the door shuts on 2008, it also shuts on
your time to take advantage of our Recurring Payment plan.
Right now, you’ve still got a tiny window to:
Enjoy immediate access to over 8,000 wholesale suppliers
and drop shippers BUT…
Spread the cost over several small payments
It’s a lot easier to make little payments over time.
That’s why we’ve kept this option open as long as we could.
But we can’t do it much longer.
When the ball falls in Times Square, the recurring payment offer has to
come off the table.
Feel free to share this news to any friends you think might
be interested in financing their new business adventure in the New Year.
Happy Holidays everyone! Worldwide Brands wishes the best of the holiday season for all of our members & non-members!
Worldwide Brands will be closed on December 24-26 to celebrate the Christmas Holiday with our friends and family. If you need to contact us, please send an email to; email@example.com as we will be checking email part time during this period.
We will return to normal operating hours on December 29th.