Make Money Selling Online: Food with Zero Inventory Risk
Do you want to make money selling online? Selling natural products online is a great way to earn some extra cash for you and your family. As online shopping becomes more popular, there is a better chance anyone could end up becoming a seasoned online seller. On the other hand, increasing focus on natural, organic productsmakes this category ideal for your drop shipping business.
Exponential Increase in Online Shopping Means You Can Make Money Selling Online
A substantial study UPS developed with comScore, Inc. reveals that shoppers are relying on online sellers more than they rely on departmental stores. As a result of this study, UPS reports:
For the first time, online shoppers in this survey now state that on average
just over half of their purchases were made online.
Shoppers now make 51% of their purchases online, compared to 48% in 2015 and 47% in 2014.As online shopping accelerates, so does the use of smartphones to make purchases.
The survey showed that 44% of smartphone users made buys through their devices, compared to 41% a year ago.”
As the market for online products grow exponentially, selling online becomes an increasingly attractive, and rewarding business opportunity. The good news is that individual sellers, who wants to make money selling online as a side can snatch a bit market share away from big corporations thanks to the drop shipping method.
Drop Shipping Makes It Possible
Drop shipping method saves the individual sellers from worrying about stocking inventory. Instead, they can list the products they want to sell in a marketplace and sync with the supplier`s inventory. This way, the merchant will not worry about over-selling, which may have harmful impact on their seller ratings on platforms like Amazon or Ebay.
The drop shipping supplier will also handle the shipping for you. Not only they will they ship the products directly to your customer but they will also make sure it is a “blind” shipment. This means the package will not reveal any information about the supplier. The costumer will not know that it was dropshipped.
You Do Need to Take the Inventory Risk
Thanks to the drop shipping model, you do not have to take any inventory risk. Inventory risk means losing money because of mistakes in inventory planning, value loss, and supply shortage. Not having to stock your products on your own is a huge weight off your shoulders as a small retailer.
Brand Name Natural, Organic and Specialty Products
There are a lot of categories you can make money selling online in any of the e-commerce platforms or your own web-based store. Without a doubt, each category has their pros and cons. One of the most appropriate categories for individual sellers or small retailers is brand name natural, organic, and specialty products. Not only will you feel good knowing that you are offering your costumers healthy products, but you will also face low return rates, and attract repeat business!
Some drop shipping suppliers such as greendropship.com focus on brand name natural, organic and specialty products. GreenDropShip offers fast blind shipping, low prices, wide selection of products, and inventory data that updates multiple times throughout the day. Moreover, their innovative way of shipping frozen items will make sure the package reachs the end-customer in tact.
Learn more about GreenDropShip and request a catalog of their wide selection of products.
Selling Groceries Online without Worrying About Spoilage is a Dream Come True
Grocery sellers traditionally have faced many challenges. Keeping an inventory of easily spoiled items are not easy to deal with. It requires time, effort, and labor. In addition, brick and mortar stores in this category have to deal with carrying such items. However, an online retailer, who relies on drop shipping companies, does not have to worry about taking all that inventory risk.
Online retailers who rely on drop shipping only buy their items as long as their customers buy them. This means online retailers, who might be looking to make money selling online, will minimize their risks. It sounds too good to be true!
Happy Costumers Will Keep Coming Back to You
As opposed to other categories such as clothing, household items etc, brand name natural and organic products have drastically lower return rates. The reason is that the customers already know about their favorite products.
If you can get them to your online store and they order only once from you, they are likely to come back for more. They’ll know they can purchase their favorite items from you. As long as they they are happy about the prices, condition of the package, and shipping time, there is no reason for them to look anywhere else.
There is nothing more costly then trying to get new customers. Repeat business will lower your marketing expenses. For this reason, drop shipping and re-selling in the natural product category is a great way to make money selling online.
Amazon`s Grocery & Gourmet Food Category
To be able to make money selling online in Amazon`s Grocery & Gourmet category, you will need to obtain approval. Amazon does not want their sellers to get their products from other retailers, which is called “retail arbitrage.” It is a fairly simple concept. It is basically a scheme that takes advantage of cost differences between the markets. It is frowned upon in marketplaces.
Instead, they require invoices that come from distributors. GreenDropShip’s un-gating program helps members secure much needed approval. By supplying Amazon-compliant invoices , members get help in being approved to sell in grocery & gourmet food category.
Make Money Selling Online by Drop Shipping on Amazon
Apart from selling in grocery category, you can use drop shipping method for other categories as well.
Amazon defines their drop shipping category as follows:
“Drop shipping, or allowing a third party to fulfill orders to customers on your behalf, is generally acceptable. If you intend to fulfill orders using a drop shipper, you must always:
– Be the seller of record of your products;
– Identify yourself as the seller of your products on all packing slips and other information included or provided in connection with them;
– Be responsible for accepting and processing customer returns of your products; and
– Comply with all other terms of your seller agreement and applicable Amazon policies.
Examples of drop shipping that is not permitted:
– Purchasing products from another online retailer and having that retailer ship directly to customers; or
– Shipping orders with packing slips, invoices, or other information indicating a seller name or contact information other than your own.
Failure to comply with these requirements may result in the suspension or removal of your selling privileges.”
Extend Your Reach
Amazon has millions of customers, who buy products from them on a regular basis. By selling on Amazon, you’re able to reach a huge market. This means you do not have to spend as much money on PPC. Besides, once you create your seller account, there are no limits on how many products you can list.
You must note that there is strict competition among many Amazon sellers. That is why it is important to keep a high seller`s rating. According to most, you must aim for a 95% seller rating. This way you would be more able to successfully compete with other sellers. Staying ahead of the competition is key.
About the Ugur Ozturk
Ugur Ozturk is a 23-year-old Penn State graduate, who is a Content Writer at GreenDropShip.com. Multiple futile interventions from his friends could not stop his hopeless addiction to writing and drinking coffee. He has a long-held passion for writing short stories or blogs, watching soccer, and having cold brew coffee in a hot day. His biggest fears are trypophobia, having to drink decaf coffee or non-alcaholic beer!
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GreenDropShip.com is a dropship supplier and wholesaler in the natural, organic, specialty and gourmet industry committed to the success of our members.