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Old 06-24-2007, 09:24 PM   #1 (permalink)
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Actual Legit Dropshipper with Wholesale Prices

I have a USA company that dropships for free! My inventory has electronics at wholesale prices, and provides free dropshipping! We charge absolutely no fees ever! Resell the items on eBay, uBid, or open up your own store!

www.bestofsavings.com

PM me with any questions. Thanks!
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Old 06-25-2007, 01:26 AM   #2 (permalink)
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Seems legit.. Anyone purchased anything from him?
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Old 06-25-2007, 01:50 AM   #3 (permalink)
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Quote:
Originally Posted by dmdelectronics View Post
I have a USA company that dropships for free! My inventory has electronics at wholesale prices, and provides free dropshipping! We charge absolutely no fees ever! Resell the items on eBay, uBid, or open up your own store!

www.bestofsavings.com

PM me with any questions. Thanks!


Now riddle me this, batman. Do you actually stock the items yourself, and have them on hand in a warehouse, or are you ordering from someone else? I think you know what I'm getting at.

Looks more like a retail business rather than a wholesaler. No FEDERAL/TAX ID # required

PROS: Good Products

CONS:
High Prices
No Tax ID - WARNING: RED FLAG
No onhand Inventory stats
No Large pictures
No Contact Info - WARNING: RED FLAG
No UPS/FEDEX

My Conclusion: Not a wholesaler. He's ordering from someone else and selling to you at a markup, a very large markup at that. Just a general rule of thumb, you want to try to get a markup of about 40% on electronics. If you markup these prices 40%, even 20% or 10% you will still have prices WAY above anyone else selling that same item. Personally, I markup items 40% for retail, and end up about the same as everyone else selling that item. Everything here is 100% opposite of what a legit wholesaler/dropshipper does. Trust me, I work with several dropshippers and wholesalers for my business. This is not one, this is called a middle man. Take the time to educate yourselves, please.

http://www.worldwidebrands.com/wwb/kh_freeebookps2.asp

Quote:
Product Sourcing Middlemen

We’ve mentioned Middlemen before, so let’s understand exactly what that means now.

The Product Supply Chain, from manufacturer to retailer, is supposed to go like this:

Manufacturer >> Wholesaler >> Retailer >> Consumer

Many people have the mistaken impression that the second link in the Chain, the wholesaler, is a Middleman, because they are in the middle, between the manufacturer, and you, the retailer.

That’s not true. The Wholesaler, the second link in the Product Supply Chain is there for a very important reason; manufacturers don’t have the infrastructure to actually sell and deliver small numbers of their products directly to you, the retailer. Real wholesalers provide that infrastructure (warehouses, order systems, delivery trucks, account representatives, etc.) for the manufacturer.

So, link two, the wholesaler, is a legitimate wholesale supplier, not a Middleman.

Here’s an example of where an illegitimate Middleman fits into that Supply Chain:

Manufacturer >> Wholesaler >> Middleman >> Retailer >> Consumer

A Middleman is someone who takes your place in the Product Supply Chain, and bumps you down a link. They try to make you believe they are Link Two in the Chain (a wholesaler), when they are really Link Three (a retailer). Sometimes, it’s worse than that. You could end up dealing with a fake supplier who is actually three or four links down the Chain.
How does that affect you? It hits you where it hurts. Right in the profit margin. For every link you drop down in that Chain, your “wholesale” prices go up.

To be successful online you’ve got to buy your products from the Factory Authorized Wholesaler that works directly with the Manufacturer. Otherwise, your profit margin will suffer.

Small Example from the site listed by the Original Poster:

Sony Playstation 3 - 60GB Video Game System (USA Version)
List Price: $1699.99
Our Price: $939.99
You Save: $760.00

939.99 For a PS3 ARE YOU NUTS!!!!!!!!!! They retail for 599.99 EVERYWHERE.




Zune 30GB MP3 Video Player, Black
List Price: $399.99
Our Price: $249.99
You Save: $150.00

ZUNE RETAIL FOR THIS PRICE, NOT WHOLESALE! http://www.google.com/products?q=++%...earch+Products



Just want to inform you. This is a retail site.

Note to Original Poster: Being a legit wholesaler means being factory authorized. Meaning the MANUFACTURER has you on a list. You are required by law to keep records of your Dealers TAX ID #'s that shows you don't have to collect sales tax and why you don't collect it, your dealer would be the one who charges it to their customer.
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Product Sourcing Methods. How to properly find products to sell by avoiding the middleman. www.productsourcingmethods.com/

Last edited by Xanifur; 06-25-2007 at 02:57 AM.
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Old 06-25-2007, 03:23 PM   #4 (permalink)
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Well Xanifur, First off.. I never once said that I was a wholesaler, not once. I said that I am a dropshipper, with wholesale type prices. Please educate yourself by taking the time to read. I have set me prices as low as I can go to keep my site running, I am not looking to make 40% on any product. Seeing as how I'm not a wholesaler, I do not need to require a Tax ID. All inventory are onhand unless stated otherwise, which you would have known had you read my FAQ'S. I do have contact info, once again, you need to read my FAQ'S. I do provide Fedex shipping with the tracking number for each order, once again, had you read my FAQ'S you would have known this. So, before you go off ripping on a company, please do your research. I am legit, and try to provide the best prices for my customers. Thank you.
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Old 06-25-2007, 04:17 PM   #5 (permalink)
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"Actual Legit Dropshipper with Wholesale Prices"

LOL! That is a terrible way to market yourself.

What business in their right mind advertises that they are "legit"?

What if laywers put on their business cards: "Legit Lawyer of New York" or "I am a real lawyer and I past the bar".

Anyways... here's the kicker:

For those who are actually somehow interested in this guy's deal....

Why not just go to his source...

And that source that dmdelectronics uses is http://www.GetEStore.com

And you call yourself a dropshipper.

This is a good day for comedy.
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Old 06-25-2007, 05:22 PM   #6 (permalink)
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Hahah how true.

"Earn Income with your very own Internet Business - Fully Pre-Stocked Online Super Store for only $49.99!"

GetEstore.com isnt legit either. If you want real wholesalers go to www.worldwidebrands.com and sign up for their newsletter, or call the manufacturer of a product and ask for a list of their authorized wholesalers and call them up.
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Last edited by Xanifur; 06-25-2007 at 05:25 PM.
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Old 06-25-2007, 05:35 PM   #7 (permalink)
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Quote:
Originally Posted by dmdelectronics View Post
I said that I am a dropshipper, with wholesale type prices.
These are not "wholesale type prices" not even close.

Quote:
Originally Posted by dmdelectronics View Post
Please educate yourself by taking the time to read. I have set me prices as low as I can go to keep my site running, I am not looking to make 40% on any product.
These are not low prices. These are retail prices. If you are proving a dropship service, this means you are providing Etailers with products they can sell at around 40% markup. If the Etailer were to markup your prices 40%, it would be horrendous.


Quote:
Originally Posted by dmdelectronics View Post
Seeing as how I'm not a wholesaler, I do not need to require a Tax ID.
Seeing as you yourself are not working with a legit wholesaler, obviously you yourself wouldn't need a tax ID either.

Quote:
Originally Posted by dmdelectronics View Post
All inventory are onhand unless stated otherwise, which you would have known had you read my FAQ'S.
Onhand means you physically have the product yourself.


Quote:
Originally Posted by dmdelectronics View Post
I do have contact info, once again, you need to read my FAQ'S.
Fist off, contact info needs to be more than an e-mail address. That in itself is a red flag. You need phone numbers, names etc. You also just added the contact page.

Quote:
Originally Posted by dmdelectronics View Post
I am legit, and try to provide the best prices for my customers. Thank you.
Can't be legit, especially if you expect to get customers when you yourself are working with someone who is already marking up the prices.



Seriously now. I would like to help you out, but you really need to do some market research along with how to actually be a REAL factory authorized wholesalers, instead of the people who you are working with now who are only ripping you off. It's a never ending chain. That hurts everyone, your customers, yourself. The only winner here is http://www.GetEStore.com or www.megagoods.com which ever you are using for suckering you into their scam. It makes me sad to see this kind of stuff but if it's a business in a box ready to go, people will do it. So ignorant.
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Last edited by Xanifur; 06-25-2007 at 06:24 PM.
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Old 06-25-2007, 05:36 PM   #8 (permalink)
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one look at his website and it looked to me as if he just copied all the item categories and products off megagoods.com or some other scam dropship site.

off topic: Ive tried contacting manufacturers in China for a list of their wholesalers, but i was told "no suppliers do this" Should I just keep trying somewhere else? Of course the company could have really been a wholesaler and told me that so I would buy from them, but they appear to be a legit manufacturer
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Old 06-25-2007, 05:49 PM   #9 (permalink)
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Thanks guys for pointing this out. I'll check out worldwidebrands.
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Old 06-25-2007, 05:57 PM   #10 (permalink)
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