Freshdrop we are no stranger to online sales concept right? However freshdrop for online sales is not easy. First to sell online, you have to ask a lot of questions regarding how to start, what product should sell, how much capital should be invested and should open the stock to store goods. That was complicated enough and freshdrop would help you solve the above problems. All you need is a laptop, a online store and a little knowledge of marketing to sell products. So what is freshdrop group buy and what is its process? We learn in the article below.
What is freshdrop ?
Freshdrop is a type of business model that allows online stores to store products sold in its warehouse, no need to own and transport products to customers. Instead, they buy products from a 3rd party and 3rd party will ship directly to customers. As a result, those sellers never see products or process products. This model is extremely suitable for new people with small capital, no need to own products.
This model focuses primarily on product marketing, order monitoring, customer care and online address management (some websites like Tiki, Lazada, Shopee, Amazon, eBay, …). The main profit is the price difference between suppliers and the selling price deducted for transportation costs. In particular, this model operator is call freshdrop
Easier to understand is that you buy products at a low price and resell for another higher price and that difference you will pocket and the difference is high or seen as depending on the search skills Supplier and select products.
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Guide to the Process of Dropshipping
Find products, quality research and purchasing power products in the market, choose suppliers (supplier), negotiations, price agreements, shipping methods according to prices and shipping time.
Selecting sales channel (posting your products to eBay, Amazon, Tiki, Shopee, private Webstore, Fanpage Facebook, …)
Customers buy from Store and pay through Paypal, Payoneer, Momo, bank cards, or pay after receiving goods (Ship Cod).
Send information and customer requirements to suppliers. You use client money to pay you, ask vendors shipping products to your customers.
Supplier packing, shipping goods to guests, send tracking info for you so you can track orders, customer care.
Summary after a certain period of time (1 month / week ..), for analyzing and declaring profits on each product, and optimizing steps to increase profits in sales