The Pros and Cons of
Offering Wholeale Pricing
Pros of Wholesale Pricing
The beauty of dropshipping is that you can establish your brand with little or no capital for inventory. This gives you the opportunity to grow your reputation as the best friendliest most reliable store for the products you are selling. Because you have established your own brand you can go into wholesaling.
Wholesalng also gives you the opportunity to get first dibs on any new products that supplies may have before offering them to the general public. This will certainly gives you an extreme edge over your competitions.
It all boils down to choosing suppliers who will give you the best prices, so you can offer lower prices, so you can offer lower prices to your customers in turn.
Cons of Wholesale Pricing
You have to make yourself standout from the competition. You can offer your customers better payment options and give them the best experience.
Another drawback – if you’re selling branded products,is you may be restricted by prices rules that a certain brand may set. They may not want you to price your products lower than they would, or offering discounts or sales that will interfere with their own revenues. If this is the case you will have to be content with selling retail.
As a dropshipper you don’t have to deal with the risk of having a large number of items to move,so you can be a little bit more complacent than the regular retailer when it comes to wholesaling. Of course, you also get a smaller discount,but it all evens out in the end.
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