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Supplier search
Opening your own online store can be profitable not only for a large company, but also private individuals can make money from it. You can start sales without having huge warehouses with goods and permanent suppliers. It is possible not to produce anything at all, not to invest money in the product. Dropshipping can help with this - the sale of goods that belong to the supplier and are located there. The distributor's goods are put up for sale, and you will receive a certain percentage from any sale.
There are different ways to find out the contacts of distributors. It is possible to somehow take them from competitors or learn from someone. It is also possible to find them using the search system by certain requests. If possible, the best option would be direct purchase of goods from manufacturers.
The search for a supplier is a very important point that directly affects work efficiency and profit. After all, the percentage of the sale of the goods, or the cost of the goods you purchase from the supplier, will depend on this.
Business plan
For the successful operation of the future online store, it will be necessary to draw up a business plan that will take into account the following features:
• it is necessary to decide on possible customers of the future store. It is necessary to know the psychology of the potential audience, purchasing opportunities, age, etc.;
• it is necessary to find out the number of competitors, the average price increase, whether there is sufficient demand for the product, etc.;
• carefully analyze the assortment that you are going to put up for sale;
• calculate all possible expenses for the creation and promotion of the site, as well as for its constant maintenance;
• predict the profitability of your business.
A carefully worked out business plan will significantly increase efficiency and simplify your work, so it should be given due attention.
Creating a store
After completing all the previous actions, you need to start creating the store itself. The site will be greatly influenced by the platform on which it will be created. If you have experience working with a certain platform, it is better to use it. So you don't have to relearn the tool for creating an online store.
