It’s obvious that brick and mortar establishments that fail to embrace e-commerce risk floundering and failure. But, with today’s consumer constantly expecting more selection, and more convenience, allied with ever-more efficient speeds, e-commerce businesses are not always so sure-footed either.
One way to get a leg up in the e-commerce world is via drop shipping. This innovative solution involves a collaborative effort between a selling venue and a third party manufacturer. Both get a tasty piece of the profit pie, but with a lot less work for each party.
Besides saving money by not creating or housing their own goods a savvy business company can further cut shipping fees and send times by getting a manufacturer at close proximity. One company that has fully embraced the third party system, Zebit, is a virtual marketplace with zero on-site physical goods.
- Drop shipping is a collaborative effort between an e-commerce business and a third party manufacturer that makes, houses and ships the product.
- The manufacturer does not have to look,for customers and the e-commerce site does not have to develop or store, or even have a stock.
- Each side takes a piece of the profits at less cost and bother than either could manage alone and both benefit.
“E-commerce giants like Amazon may be threatening every business under the sun, but retailers are quickly adapting.”