Whether it’s about choosing dropshipping suppliers USA or China, or Denmark – Alibaba and Aliexpress are the two common marketplaces that businesses use to find suppliers. If you have recently started a dropshipping business and are looking for a reliable and quality supplier from these platforms, we can help you make the right choice. Below we have given a few professional tips that you must take into account when finding a dropshipping supplier:
Don’t Always Go With Cheap Prices
In many cases, quality is directly proportional to price. Higher the price, the higher the quality. And that’s what you need to keep in mind when choosing a supplier.
Suppose you are planning to add electronic or food items in your eCommerce store. And for such products quality is something you need to be sure about. Don’t fall for sellers who are offering bulk products at the lowest price. 8 out of 10 people choose their suppliers based on the prices they offer.
And the success rate among those 8 is always low. It’s obvious to get excited after getting offers that can save you a lot of money. But that’s when you have to use your brain. Do your research and determine the average cost of the products you want to add to your store. Now with the average cost, it becomes easier to determine which supplier is genuine.
For example: the market cost of a product is $30. You came across a supplier who’s offering you that product for $20 per piece. The price this supplier charges is very low from the average cost. This means either they are offering low-quality products or low-quality customer services. Thus, determining the average cost helps you know that this seller isn’t worth dealing with.
Purchase From Those Suppliers With Good Positive Reviews And Ratings
When it’s about determining a reliable supplier for your dropshipping business, ignoring feedback score and positive feedback rate isn’t a good move. A positive feedback rate indicates the amount of feedback the dropshipping suppliers have gained over time. And the feedback score reflects the total number of sales a supplier has made.
But how do you identify a good seller based on these two points? It’s simple – always choose those suppliers whose feedback score is 2000 and more. And for a positive feedback rate, 95% is the minimum limit. Less than that isn’t appropriate to work with.
However, it’s not like the supplier who passed these criteria is perfect. There are chances that a supplier with low ratings and less than 95% feedback score might outperform the ones with high rates. And that’s a fact. But such cases are very rare. So before you finalise any supplier, who passed this criterion, make sure to check if they fulfil all your requirements or not. How good a supplier is if they can not satisfy your business and your customer’s needs.
Communication Is The Key – Don’t Underestimate It
When you have a list of your shortlisted suppliers, it’s time you communicate with each of them. Communication is the key to determining their generosity. You cannot decide if a supplier is worth dealing with based on its online reputation.
So call your potential supplier and ask relevant questions, enquire about their shipping details, analyse their professionalism and negotiate for big orders. There are a few things that you need to note when contacting your supplier:
- How much time does it take to pick up your call, reply to your email or call you back?
- Have they provided the facility of live chat or not?
A supplier is the backbone of a dropshipping business. That’s why making a good choice isn’t only important but necessary. So the next time when you are selecting a supplier, make sure you take into account the above tips. They will help you to choose a reliable and quality supplier who is worth a long-term relationship.