Submitted by: Stephen Green

Drop shipping is a supply chain management technique in which the retailer does not keep goods in stock, but instead transfers customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer. As in retail businesses, the majority of retailers makes their profit on the difference between the wholesale and retail price but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.

A drop shipper is a manufacturer or authorized wholesale distributor who will ship your single item orders directly to your customers. You will put the product pictures on your site at retail and wait for an order. Once you receive an order you will email or call the drop ship supplier with the customer s order information and they will in turn ship the product directly to your customer.

Two significant benefits of drop shipping are the elimination of upfront inventory and a positive cash-flow cycle. A positive cash flow cycle occurs because the seller is paid when the purchase is made. The seller usually pays the wholesaler using a credit card or credit terms. Therefore, there is a period of time in which the seller has the customer’s money, but has not yet paid the wholesaler.

Drop shipping also eliminates some duplication of effort, since only one warehouse will pick, pack and ship the product. This approach can reduce total inventory management and shipping costs. These cost reductions can subsequently reduce the price to the consumer.

Risks involved in drop shipping. For example, backordering may occur when a seller places a shipment request with a wholesaler, but the product is sold out. Backordering may be accompanied by a long wait for a shipment while the wholesaler waits for new products, which may reflect badly on the retailer. A good wholesaler will keep retailers updated, but it is the business owner’s job to be aware of the quantities that the wholesaler has available.

Drop shipping has also featured prominently in some Internet-based home business scams. Scam artists will promote drop shipping as a lucrative work from home opportunity. The victim who buys into this scam will be sold a list of businesses from which drop-shipment orders can be placed. These businesses may not be wholesalers, but other businesses or individuals acting as middlemen between retailers and wholesalers, with no product of their own to sell. These middlemen often charge prices that leave little profit margin for the victim, and require a regular fee for the retailer’s usage of their services.

Benefit from drop shipping are as follows:

You don t carry any inventory

You get to set the retail price at whatever you want for huge profits

There are no minimum order requirements

You pay the wholesaler only after you receive an order.

The disadvantages are some of the following:

You completely rely on the supplier to send the product to your customer on-time

Your profit margins are sometimes affected by fluctuations in wholesale pricing.

Not all drop shippers have an up-to-date supply chain. This means they may not have any ability to track inventory or automate their accounts.

For more information regarding this topic, please visit http://dropshippinglists.net/

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Submitted by: Pluto M

People are generally sentimental by nature. Young or old, people tend to feel jitters discarding old stuff. Merely looking at your grandma s antique rocking chair will send you down memory lane. This is perfectly understandable except, however, that one s urge to hoard any item of sentimental value will result in piled up clutter in the stock room, in the backyard, or in your own bedroom. The good news is – old clothes, shoes, gowns, furniture, appliances, sports equipment and lots of other items collecting dust at home can be monetized to augment our weekly or monthly budget.

Attention Toronto residents! Clutter don t matter discard your old stuff for cash with Buy Sell Toronto. Items which are not anymore useful to you may be useful to people around the area, and they are willing to pay cash for it. Or perhaps, other people may want to exchange their old stuff for yours. The Buy Sell Toronto website is the place for you. The best thing about this website is that users can advertise for free.

Buy Sell Toronto is the Toronto arm of the community-based BuySellUsedStuff offering a no-subscription fee option for classified advertisement or announcements on top of fun and hassle-free access to people in one s own neighborhood within Canada. Hence, the basic idea beyond the site is a portal where community locals can do worthwhile activities while stashing honest cash to supplement each other s finances in this hard and trying times of recession, inflation, and unemployment.

For best results, people who are interested in selling anything or buying something should create a free account with Buy Sell Toronto. This can be done by simply supplying your email address and a password of your choice, as well as passing the CAPTCHA challenge. The last one simply requires you to enter letters or number as shown in a slightly distorted image to make sure that you are not a robot. Any website would like to make sure that they are dealing with people and not automated software programmed to fill-in online forms. In order words, Buy and Sell Toronto would not want to waste your time bargaining with these so-called bots .

Buy and Sell Toronto offers an online forum for people to buy and / or sell, and browse advertised items in neatly categorized groups such as: cars and vehicles, real estate, jobs, services, pets, and of course buy and sell. Entries in the main categories are alphabetized for patrons ease and comfort in searching for items of interest. The website even requests users to suggest categories which they want to see. Another very useful feature of the website is its keyword-activated search function which may be found near the top of the page. The website also offers interesting articles for prospective buyers and sellers.

Finally, the help function was presented in the form of questions categorized in terms of activities, like: putting up ads, present ads, promoting ads, most viewed ads, recently viewed ads, latest posts, etc. Check out the site, folks! This is one of the finest developments that technology can offer to the community in the name of camaraderie, self-help and cash-generating activities.

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