Business
Show Notes: Nitch downResearch what others are selling to find brandsContact those brands directly to find out what are the options fora. Becoming a reseller of their productsb. If they have a list of distributors they currently work with Sponsors: Drip – Get a free demo of Drip using this coupon code!Spark Shipping – Dropshipping Automation Software Transcript: Charles (00:00): In this episode of the business. E-Commerce I talk about the three steps to find drop ship suppliers. This is a business of eCommerce episode, 141. Welcome to the business of eCommerce. They show the health eCommerce retailers start launch and grow your eCommerce business. I mean, it was [inaudible] and I'm here today to talk about the three steps of finding dropship suppliers. So we talked about buying drop ship suppliers specifically, in this context, we are talking about domestic drop-ship suppliers. So these are suppliers, manufacturers, distributors, domestic locally in your country. A lot of folks starting off want to either find that first supplier or expand the network of suppliers and have a little trouble doing so. And if you Google around, there's a lot of folks kind of recommending different things, selling a product, selling a list, providing that their base supplier, and maybe, maybe they are not. Charles (01:02): And kind of everyone wants to get a piece and a lot of middlemen. So it's kind of hard to Wade through that sometimes and figure out who's really the person you should be talking to and how you should do this process. This episode is sponsored by drip, drip it's of world's first e-commerce CRM and a tool that I personally use for email marketing and automation. Now, if you're running an eCommerce store, you need to have to portray. And here's why drip offers one click integrations for both Shopify and Magento. There's robust segmentation, personalization, and revenue dashboards. To give you an overview of how your automation emails are performing. One of my favorite features of drip is the visual workflow builder. It gives you a super easy way to build out your automation world visually and see the entire process. It lets you get started quickly, but also build very complex automation rules. Charles (01:47): It's powerful, but also easy to learn. Unlike a lot of email tools that offer the same type of automation to get a demo of drip today, you can go head over to drip.com/boe. That's drip.com/b O E now. So I want to have this quick episode talk about the three steps of actually finding the correct suppliers, correct who you should be talking to for particular products. Step one is niche down. So this is the first thing you want to do. You want identify what niche are you in? Let's say you're selling tens for camping or you're selling and kitchen. Pup away are pots and pans. That sort of thing. You need to be in a very specific vertical, because that helps you. And a lot of people skip over this. And that's why I want to mention it. That helps you kind of identify who even who's the universe of suppliers you should be talking to in these cases, there's usually only a handful, right? Charles (02:46): Most industries might have two to 10 suppliers and maybe the manufacturers, maybe these are distributors, but it's not unlimited. And as soon as you start niching down, you start getting a sense of what's the ecosystem. How many are there? Who should I be reaching out to first? And kind of, you can start building a hit list. So always step one, start with finding your niche, going into your niche and understanding that is step one, step two, find other folks or the retailers in that niche and see who they're selling this of course is if you don't already know the manufacturers in the niche, but let's say you don't, you decided, Hey, I'm going to build this new site, selling a certain product. You're not really sure what, who actually builds products in an industry.