I recently got a question from Naima, who’s running a drop shipping store selling jewelry. She was running Facebook ads and getting sales, but then her supplier went out of business over night.
So now when people ordered the item on her store, she couldn’t fulfill the orders anymore and her drop shipping business came to a halt.
As you can imagine, it’s a rather uncomfortable situation.
However, situations like this one can be avoided by selecting an item that has an abundance of suppliers in the first place, rather than trying to sell an item that has just one supplier on Aliexpress.
For example: The item that I sell has hundreds if not thousands of suppliers. So I always have a backup suppliers I can use.
My first supplier ran out of stock a long time ago.
So I just searched for the same item on Aliexpress and had about 20-30 pages of search results I could browse through, all with different suppliers of the same item that I am selling on my Shopify store.
This gives me abundance in many ways:
1) Abundance of backup suppliers for the same item
2) Abundance of shipping times and delivery options
3) Abundance of stock despite of individual suppliers
I always say that one is the most dangerous number in business. Never build your drop shipping store based on just one supplier.
It’s very risky and will result in a lot of frustration.
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