What is Wholesaling and Drop Shipping?
Many individuals might be confused as to what services are provided by a wholesaler and a drop shipper and what the differences are between the two. The majority of persons are familiar with wholesale services; but drop shipping is certainly growing in fame with the boom of internet marketers. A wholesaler can be termed as a company who sells goods at deeply discounted rates (usually half the retail rate) and without sales tax. You should have a state tax ID and a valid business license so you can take advantage of these services. Manufacturers can market directly to company owners or they could use a middle man. Wholesalers market goods in bulk and it is the vendor’s responsibility to stock and sell the inventory. A drop shipper can be termed as a wholesaler who sells goods one at a time instead of in bulk. Using a drop ship system enables the vendor to list more items, carry less inventory, and invest very small as they do not really have to pay for something until the product is alr
