E-Commerce Dropshipping

Tradefull's Dropship network

If your company operates a large e-commerce platform that is supplied by many dropship vendors, the Tradefull Dropship Network (TDN) may be the solution you have been looking for.

Tradefull’s Dropshipping Platform Technology

Tradefull offers a single, easy-to-use technology for your dropshipping platform.

It can help you manage your entire dropshipping process. That includes:

Loading all your products and their details to keep your products organized

Tracking your inventory in real time, making dropship fulfillment easier

Tracking the status of all customer shipments in real time so less gets lost

Enabling your vendors to print shipping labels, making their work more efficient

 

Direct billing all freight costs to your company, meaning you have less paperwork.

You can utilize multiple connection options for Tradefull’s technology — including APIs, EDI, and manual connections — which allows for the fast uploading of all your products to the Tradefull system. The technology can help you manage all things dropshipping more efficiently, which will save you not only time, but also money.

Tradefull's ShipOptimzer for Dropshipping

Retailers know that when you’re dropshipping, those shipping costs can add up quickly. To help make the work of finding the cheapest, fastest shipping options easier, Tradefull created ShipOptimizer. This technology automates the process to tell you your best shipping option at any given time. It crawls the web to find the lowest shipping costs from UPS, FedEx, USPS, and DHL. 

 

Using ShipOptimizer, you can lower the cost of your freight by 10%-40%.

 

And that will help any business’s bottom line. 

Why Do Dropshipping?

Dropshipping is helpful for retailers who don’t want to keep certain products they sell in stock. When they sell one of those items, they purchase it from a third party and have it shipped directly to the consumer. 

 

This approach is lower-risk and far cheaper than producing the products themselves or stocking expensive inventory that may or may not sell. It can be extremely profitable because the online retailer doesn’t have to worry about creating, purchasing, or storing those dropship products.

 

Benefits of Dropshipping

Dropshipping is just one tool in your e-commerce business toolbox. It’s not for everyone, but if you’re interested in diversifying your product line and increasing your sales, it can be extremely beneficial. It has some other noteworthy benefits as well




No warehouse Space Required

Maintaining warehouse space can be expensive, and organizing it can be extremely time-consuming. A key benefit of dropshipping is that you can sell products without having to store them or manage a warehouse.

Less Overhead Cost in General

Because you aren’t producing or purchasing the product or spending money on warehousing, your overhead costs are minimal with dropshipping. Your main costs come from shipping, which can be better managed when you use a tool like Tradefull’s ShipOptimizer.

You can sell more products

When you’re dealing with production, you can only make and sell so many products depending on the size of your operation. Dropshipping can widen the number and types of products you sell, enabling you to diversify your selling options.

No Worries About Inventory Risk

Managing what is coming and going from a warehouse is a time-intensive task, and there’s a lot of risk involved. With dropshipping, you don’t have to deal with any of the inventory risk; you just get the benefit of selling a product. If a product doesn’t sell, it’s not your problem. You won’t need to offer markdowns or undergo liquidations to move stock. That’s time, stress, and money saved.

Faster Shipping to Your Customers

At the end of the day, a retailer is nothing without customers. With dropshipping, you can provide customers with the products they want and get those items to them quickly by shipping them from the warehouse closest to their location.

FAQs About E-Commerce Dropshipping

Dropshipping is a method of e-commerce fulfillment in which you, the retailer, are not required to keep the products you sell in stock. Instead, when a customer orders a product, you buy it from a third party and have it shipped directly to the customer.

Dropship fulfillment requires a retailer and a third-party supplier. Once your customer places an e-commerce order, you identify the supplier closest to the buyer, purchase the product from that supplier, and ships the product directly to the customer. 

Dropshipping is ideal if you’re an online retailer who may not be in a position to take on a great deal of risk at the moment. It allows you to expand your assortment of offerings while not dealing with inventory, warehousing, or fulfillment risk. 

 

This approach could also benefit you if you’re looking to expand your product line but want to test out new offerings with your audience. Dropshipping can help you fill in white space and round out your long-term sales plan.

First, you must determine what product or products you want to expand into based on your business strategy. Most likely you will want to look for a partner to help make introductions to suppliers, support integrations, manage orders, and optimize shipping costs.

A good dropshipping partner is able to support the integration of all types of suppliers regardless of their technical capabilities. Supporting various integration methods (EDI, API, manual) and creating a central repository for order data, product data, and warehouse routing are key. The dropshipping partner should also help you optimize your costs, in particular shipping costs.

Dropshipping can be a win-win-win for everyone involved. It saves you, the retailer, time and money by not requiring inventory or product management. It helps the third-party supplier gain a wider reach through your e-commerce site and increase their sales. Finally, it helps the consumer get their products faster, since you can use a supplier that is located close to your buyer.