Ankaka is a professional wholesaler offering China new electronics for global resellers and dropshippers.
Shenzhen, Guangdong (support.ankaka.com) January 17, 2013
Ankaka is one of those companies that have adopted the business model of a dropshipping company. This means that as a retailer, a person does not need to invest a lot of money for inventory, warehousing or shipping costs. Such a company will ship its consignments in small amounts and they might even send a single item directly to the address of the customer. This will leave the company free to be able to focus its attention on its core business activities leading to an increase in profits. In addition, such a company is able to provide innovation and more variety to its customers.
A great method that an entrepreneur can use to start a business is by using the internet and people can sell their products in this manner. If people are interested to start such a business, here is how to go about it. A business license will be their first requirement and people will also require a tax identification number and this will make their business legal and legitimate. The next thing that people are going to do is to decide on the products that people are going to sell.
In order for people to decide on the best products that people are going to sell, people should consider their popularity as well as the competition. A popular product might seem like a perfect product for people to sell but the competition might be too much and this means that people will find it difficult to break into such a market and achieve success. A better alternative would be niche products that do not have a lot of demand but the competition is not stiff. Such a small market is easier for people to get a high ranking and because the competition is not stiff, people will get more sales.
The nest step will be to find a drop shipper who has a good reputation. Better Business Bureau can provide people with a list of reputable companies that people can work with. In addition, people can get referrals from people who have dealt with a particular company. There are online retailers who have achieved success and they can recommend a good drop shipper. A dropshipping company can also provide a list of its partners and people can check out the list to find a good drop shipper. The great thing about using the partner list is the fact that if people encounter any problems, people will get assisted.
Contracts or agreements will then need to be signed in order to start doing business. All paperwork should be read carefully before people sign anything. Shipping times, payments and returns will need to be discussed and once people are done, people can begin their business. For people to offer an item on the internet, product related information will be required. A written product description is required including its image. The shipping weight, price and the available inventory is the other piece of information that people are going to need to provide.