I have been looking at a number of online business and came across drop shipping - has anyone used this business model with success ? I understand the theory but can't work out the tax logistics ? I am also having a lot of fun with Alibaba searching for products - has anyone actually purchased from this site.
ive looked into it in theory its great, easy, but essentially you are putting all your reputation and faith into a chinese company if they run out of stock, problems if they ship late, problems, if they dont ship, problems however that dropshipping flower shop that ran into trobules recently, seemed to have done well for years so i guess it can work, but ive yet to hear anyone succeed with it
I buy half container loads from both China & USA. I DO also have a couple of local companies that I use for drop shipping BUT I would never use drop shipping from China. Do your research, buy your products in bulk, and then you won't run into trouble.
Thanks for the feedback @Truly Exotic and @skater. It seemed too good to be true. I think it would work best with large expensive items. I have been reading a lot of books about start ups and online businesses. It seems one of the best things to sell is an information product, I have a great product / service but can't sell as I sign (and take seriously) exclusive waivers every 6 months with my day job Any other suggestions for online businesses ?
Why not use an Aussie Supplier. Selling on the web is no longer about being the cheapest. Think about being quality and convenience. Find a premium product to sell for a premium prices.
