Comments on: Dropshipping Pricing Strategy: Path to Profitability

By: Alvarez Aida

Alvarez Aida — Fri, 22 Oct 2021 14:00:11 +0000

Wow thank you for the information you share, Itsbis very helpful.

By: Prisync Team

Prisync Team — Tue, 09 Mar 2021 08:47:46 +0000

In reply to Dawn. Thank you, Dawn! Yes, dropshipping is a business model where you don't have to hold any inventory, all you have to do is find suppliers who will agree to ship products directly from their warehouses to your customers.

By: Dawn

Dawn — Tue, 16 Feb 2021 02:26:05 +0000

Great information, thank you! Question: once I choose my products to sell, I have a buyer, I then purchase it from my supplier. Does the supplier ship directly to my customer?

By: Prisync Team

Prisync Team — Wed, 06 Jan 2021 16:36:09 +0000

In reply to Greg Elfrink. Hi Greg, thanks a lot for the comment!

By: Greg Elfrink

Greg Elfrink — Mon, 04 Jan 2021 07:08:09 +0000

Hello, Great article! I think that the most qualitative advantage of drop shipping is that you can start selling without a lot of early investment because you don’t have to buy wholesale or to cover the cost of your own manufacturing. Since you don’t stock the product, you don’t pay for it until it is sold.

By: Mahbuba Islam

Mahbuba Islam — Sat, 08 Feb 2020 13:48:20 +0000

This is the best operating system. Here anyone earn money easily. It is indeed an activity that can launched without great investment and which has many advantages such as automated order management and no stock management.

By: Bayode Olorunfemi

Bayode Olorunfemi — Thu, 29 Nov 2018 08:36:53 +0000

A very fantastic write Up

By: Chris

Chris — Mon, 26 Nov 2018 22:05:47 +0000

Great write up! I agree with Olusola David that your pricing strategy is indeed the most important part. Test out your prices and see how you can squeeze out all the profit that you can from your product(s) without seeing any negative effects on your conversion rate.

By: Olusola David

Olusola David — Mon, 15 Oct 2018 08:50:55 +0000

Thanks for the write up.

Pricing strategy in any drop shipping business is key to the success of that business.
Because most customers want’s to believe their getting the best deal ever.

I prefer the psychology pricing and most especially the discount method. It makes them feel they’re getting a better deal by buying it at a cheap price. I think everybody actually feel this way.

One other way I find helpful is selling products with ePacket shipping option. This will help increase the shipping time with a tiny fee and at times free.

Thanks