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October 6, 2012

Start Your Own Dropship Business

How to Start a Dropship Business

If you are interested in starting a dropship business, ask yourself this… do you want to sell products online from dropshippers or do you want to become a wholesale supplier that drop ships? Yes, these are two entirely different things.

A retailer that sells products online, can work with drop shipping wholesalers to supply products to them.A wholesaler that dropships, supplies products to online retailers.The easiest entry into the world of dropshipping is to become a retailer that sells products on your site or online auctions that are drop shipped. In order to work with genuine wholesale companies, if you are in the USA, you will need the following;

 1.A registered business nameIn order to get a registered business name, you will need to either; make a visit to your local county clerk and let them know you want to setup a sole proprietorship or many states have forms you can fill out online by visiting your state’s Department of Revenue.

2. A sales & use tax ID. This is also called a seller’s permit or a resellers certificate.You will need to contact your state’s Department of Revenue to obtain a sales & use tax ID. Many times they have forms you can fill out online, but you need to get your registered business name first.It isn’t free to start a business and get a business name and tax ID, but it is relatively cheap.

Usually around $50.00Real wholesale suppliers will always ask for this information. The only exceptions to this rule are; wholesale suppliers that are located in tax exempt states, or wholesale suppliers that are offering products that aren’t taxed in their state.To work with a real wholesale supplier that drop ships, you supply this information to them, and they will then provide you with images, descriptions & wholesale prices so you have what you need to post the products that you want to sell in your online store or auction listing.

 To become a genuine wholesale supplier that dropships, you will need to have a lot more money on hand. You will need a wholesale license, purchase in VERY large quantities from manufacturers, stock the products in a warehouse, have an inventory system, setup accounts with shipping companies, purchase a lot of packing and shipping supplies, individually pick and ship the products out. There is a lot involved to wholesaling products.

So most new to the world of wholesale and online sales, choose becoming an online retailer and sell products from genuine drop shippers for their dropship business.After your business grows and you see the need to expand your business, then you should start purchasing multiple quantities of the products that are selling well for better profit margins. Then after that, you could consider buying direct from manufacturers and open a wholesale division as well.

Your business can always grow, you just have to work hard at it, and set it all up the right way, the first time.For more information about starting your online business, read this free eBook: Starting Your Internet Business Right No strings attached :)For more information about genuine wholesale suppliers that drop ship, please visit our site at; Worldwide Brands, Inc.

September 3, 2012

Chinese turn to Bangladesh...

Chinese factories turn to Bangladesh as labour costs rise....

 30th Aug 2012




Bangladesh garment factory workers
Bangladesh hopes lower labour costs will attract more orders from China....

There is a spring in the step of Syed Faizul Ahsan as he walks through the floor of his garments factory outside the Bangladeshi capital, Dhaka.
Hundreds of workers, most of them women from rural areas, are busy making sweaters for an overseas client.
The setting may well be similar to any one of the thousands of such factories in Bangladesh, but one thing makes Mr Ahsan’s unit stand out.
The sweaters made in his unit are not heading to the US or eurozone, the two biggest markets for Bangladesh’s garment exports, but to China.
Growing orders from mainland China mean that Mr Ahsan can breathe easy despite the slowdown in demand from the US and eurozone.
“A few years ago only 5% of my factory output was for the Chinese market. Now it has gone up to 20%,” he says.

He expects that number to increase further in the coming years.

It may sound strange that Chinese firms are turning to Bangladesh to make clothes, not least because China is the global leader in clothing manufacturing and exports.

Rosa Dada

“In Bangladesh the average monthly salary for garments workers is only around $70 to $100. If I produce here, price is much more competitive” – Rosa Dada, Four Seasons Fashion Limited
But the shift is happening for very obvious reasons.

Rosa Dada of Four Seasons Fashion Limited, a Chinese garments manufacturer, says factories in China are not competitive anymore because of increasing wages of labourers and a sharp hike in overall production costs.

Ms Dada has been running a garments factory in the Chinese port city of Ningbo for nearly two decades.
“In my factory in China, the salary of workers has been increasing steadily over the last few years,” she told me during her recent visit to Bangladesh to look for opportunities here.

“It has reached around $400 to $500 (£250 – £315) a month per worker. If I continue to produce there, our business will disappear.
“In Bangladesh the average monthly salary for garments workers is only around $70 to $100. If I produce here, price is much more competitive.”
She has already opened an office in Dhaka and is not only looking to order clothes for her own firm but is also involved in getting other Chinese online retailers to source from Bangladesh.

Chinese manufacturers say if they source clothes from Bangladesh, prices can come down by 10% to 15% depending on the category.
‘A new beginning’
Bangladesh garment exporters say the other advantage they enjoy is that more than 90% per cent of their products, such as T-shirts, jeans, sweaters and casual trousers enjoy duty free access to the Chinese market.

The combination of lower labour costs and duty free access means that orders from China are likely to receive a boost in the coming years.
Bangladeshi clothing exports to China jumped to more than $100m last year, from $19m a few years ago.

Workers at Mr Ahsan's factory in Bangladesh

An increase in Chinese orders may help offset the decline in demand from the US and eurozone
It is a modest beginning but Bangladeshi factory owners expect the shipments of ready-made clothes to China to go up to $500m in the next five years.

According to Chinese media reports, Vancl, China’s largest online clothing retailer, has already shifted a portion of its shirts and casual trousers orders to Bangladeshi factories.

Meanwhile, western fashion brands such as Ocean and HM are also making clothes for Chinese customers in Bangladeshi factories.
“I think it marks a new beginning for our exports,” Siddiqur Rahman, vice president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), tells the BBC.

“At a time when western economies are going through recession, Asian countries like China, Japan and India are opening up for us.”
Potential pitfalls
While there is tremendous opportunity for growth, there are fears that this potential may remain unfulfilled.
“Our prices are low. That’s why big western fashion brands are coming here. If they increase their buying price, we will also increase our salary to the workers” – Md Siddiqur Rahman, BGMEA
Bangladesh’s creaky infrastructure and political instability have been a major concern for the clothing manufacturers.

In addition, there have been violent labour protests in recent months with workers demanding better wages and conditions.
Labour activists say Bangladeshi clothes manufacturing workers are among the lowest paid in the world for this type of work.

The killing of a prominent labour activist, Aminul Islam, earlier this year has only added to the insecurity among the factory workers.
Following an outcry by western campaign groups over wages, major global retailers like Walmart and GAP have urged the country’s factories to increase salaries.

But Bangladeshi business leaders are defiant saying they have recently hiked up wages in the sector and warn that any further increase may damage its competitiveness.
“Our prices are low. That’s why big western fashion brands are coming here. If they increase their buying price, we will also increase our salary to the workers,” Mr Rahman says.

But as the country attempts to gain ground as a lower-cost alternative to China, local workers’ conditions will come under increasing scrutiny.
Industry players will have to find the right balance between maintaining competitiveness, meeting labour demands and keeping their buyers satisfied.
That may prove to be the toughest test for the sector yet.

July 10, 2012

Importing for Auctions

Walter Scheu's eBook "Importing for Auctions" is just what you have been looking for if you want to make on-line auctions your new source of income.

 Importing For Auctions 

Walter Scheu has prepared more than one hour of audio instructions that will teach you how to start importing. In his importer's eBay guidebook which is part of the "Importing for Auctions" eBook, Walter will inform you how to import products successfully to sell on eBay.


You can get a sample audio by following this link: Sample Audio of Importing for Auctions .... Don't worry, it is a safe compressed zip file that contains the MP3 sample audio and will not harm your computer.


Why not listen to somebody who has spent substantial time to learn the on-line auction business the hard way and who will save you the problems he has experienced along that road.

If you want to listen to the full  (1 hour 14 minutes) audio which comes with the eBook and some more goodies, click the link to Walter's Importing for Auctions website and invest in your future.

Import From China Ebook

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Part 3: Tips On Dealing With Suppliers...Learn about Chinese business culture and relationships, and avoid making costly mistakes.

Part 4: Shipping And Import TaxesWeigh up the options for shipping goods from China, and learn about possible tax problems.

Part 5: Profiting from China...How to choose a profitable strategy in the global trade business, and how to profit without inventory. This course is designed to helpboth beginners and seasoned importers.Readers reviewed it as "informative","clear and factual", and "an eye-opener".


For a limited time only, this complete course is available to Chinavasion subscribers totally FREE.

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April 25, 2012

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March 27, 2012

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