It's recommended to discuss and check out all contract items in order to protect yourself if it turns out that the suppliers are non-competitive. If you're looking forward to a long and mutually beneficial cooperation, it's better to check the legal reliability of a selected company.

Step #6. Register as an individual entrepreneur and LLC (if necessary)

If you plan to expand the scope of activities in the future and open an office, then the registration of the first item is a mandatory requirement. However, if you're just a showcase of a wholesale supplier, then there is no need to register your company. Nevertheless, it may be one of the necessary conditions for cooperation with some Drop shipping suppliers. Also, you may need to register the LLC, which can be done independently.

Step #7. Starting an advertising campaign for your online store

Promoting an online store on the Internet is a prerequisite for a profitable business. Therefore, here are several options to promote your store:

Search engine optimization;
Advertising with the help of forums, and other frequently visited Internet sites;
Social network advertising;

These are the basic methods for promoting an online business. All of them require money, therefore, if you don't have finance, then you have to be patient.

Additionally, it should be noted that these costs usually pay off on many occasions, especially if the advertising campaign is organized properly.

The search for reliable Drop ship suppliers

There are sites on the Internet with an open and paid access to lists of vendors. For example, the free lists of them can be found in social networks communities such as Twitter and Facebook, or just through the search engines. Hold your horses to use the first links of the search results' positions; Drop shipping suppliers aren't always strong in the SEO-promotion.

There are two working schemes on the sales of goods by Drop shipping:

In the first case, Drop shipper finds the customer, concludes a deal with him, takes an advance payment, and pay a certain amount of money to the supplier.

In the second case, a Drop shipper finds a buyer and directs him to the vendor that takes a payment. The mediator then gets a percentage of the profits.

The first option is less risky. In the second case, your income will depend on the integrity of the company supplier. However, if you're working with a reliable and known company, it's unlikely that it will risk its reputation thereby seeking to profit from ordinary sellers.

There is another version of how to work with Drop shipping - you can independently trace the largest manufacturers of any products in your region and offer them your services as a mediator.

You can even enter into a full contract, which will spell out the key points of such cooperation. Manufacturers are themselves often interested in distributors, so don't think of themselves as of a pushy.

There is another, not really correct way to lure Drop shipping suppliers; it consists in offering Drop shipping services to vendors of your competitors at a lower price. That's all. Good look!