Here you will find a wide variety of products from clothing products such as hijabs to business for sale. You will drop your eyes!
That’s why it’s important for you to answer the question, who do I want to sell to?
In looking for products for this business as well, you should understand some concepts of transactions with suppliers.
Concept 1: dropship
This is the lowest risk concept. The concept is that you promote the supplier’s products without having to keep stock. When there is a buyer, you manage the sales process but the delivery of the product is managed by the supplier.
Not all providers offer the concept as it is quite crunchy
This concept is also one of the low risk. The concept is that you take the product from the supplier, store the stock in your warehouse, sell it and calling lists pay the supplier the value of the product sold only in a certain period.
Concept 3: debt with terms
This is a fairly common concept. The concept is that you take the product from the supplier, keep stock in your warehouse, sell the product and pay the supplier within the time period set by the supplier (example : 90 days). This payment period depends on the supplier’s trust in you.
Not many suppliers are willing to trust the seller with the consignment
This is the easiest concept to BTC Database EU understand but the most risky. The concept is that you buy products with suppliers, store them in your warehouse, and then sell them for a profit margin. The risk applies to products that are not sold out.
Can discuss with the supplier if they accept “Returns” for products that are not sold out.
At majalah.Com there is a special segment for sellers who are looking for dropship & consignment products. I highly recommend both of these concepts for startups because they are low risk.