BUSINESS 102: How Do You Find The Best Supplier For Your Business?

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(Edited)

▶️ Watch on 3Speak


Hey guys!
This is a continuation of yesterday's video BUSINESS 101: What Is Dropshipping?. Let's call this BUSINESS 102.

In the video, I spoke extensively about the importance of finding the right suppliers for your dropshipping business.

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As a drop shipper, there are several factors you must consider before choosing your ideal supplier.
Some of the factors I mentioned in the video include;

Quality

What kind of business are you looking to venture into? Are you the one to buy low-quality items and sell them at higher rates?

Is your brand about customer satisfaction, or is it only about filling your pockets?

Integrity

Is your supplier's yes truly a yes? Can you trust your supplier to deliver exactly what a customer has ordered?

Location

Does your supplier have a physical address? Is your supplier located somewhere you can always go if a need arises?

For me, all my suppliers are in Lagos state, and I know exactly where to find them if I need to.

Meanwhile, I also shared a story of how a supplier nearly cost me a good business and a wonderful friendship.


As I mentioned in the video, your supplier has the ability to MAKE or RUIN your business. You just have to decide what you're willing to settle for.

PS: I know I pronounced "blossom" as "blozzom." Please don't ask me why 🤣.

Thank you for watching!

To my friend @startrings01, I'm putting this up here just so you know that I'm grateful for you. Good friends don't come by every day.

Thank you for constantly pushing this big-headed Omosefe out of her comfort zone every time. Thank you for this friendship.


▶️ 3Speak



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13 comments
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(Edited)

hello, I was fairly successfull (25-50 thousand USD volume in less than 6 months) but I am now in a different circumstance and would love some tips and advice how to get back to where I was.. feel free to message me about anything relating to this? avidly looking for a supplier or retailer honestly.

!PGM
!LOLZ
!PIZZA

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Why did the art thief's vehicle run out of fuel?
He had no Monet to buy Degas to make the Van Gogh

Credit: reddit
@omosefe, I sent you an $LOLZ on behalf of @vagabond42069
The LOLZ Tribe is here! Stake your LOLZ now to earn curation rewards and continue using the !LOLZ command. Please read our latest update for more information.
(6/8)

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Oh wow. 25-50 thousand US volume is quite a lot. That's impressive.

I am now in a different circumstance and would love some tips and advice how to get back to where I was.

The first question is; what were you doing your business before that you're not doing or doing differently now?

If you were that successful before, it simply means you were doing something right in your business. The first step is to go back to the drawing board.

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Wow, I'm not into dropshipping business but this is so informative and it has helped me understand more about the business, thank you so much for sharing it with us dear.

It's a good thing your cousin helped you realize some things, it's always good to have more than one person to work with, that way you can easily know when something is going wrong.

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I'm glad you found this video informative.

It's a good thing your cousin helped you realize some things, it's always good to have more than one person to work with, that way you can easily know when something is going wrong.

You know what they say, two heads are better than one afterall.

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You're are right, teamwork is DreamWork 🥰🥰.

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This is informative. I'm into drop shipping and I make my findings before starting with a supplier. I can even go as far as visiting their store before starting because to start with I'm in Naija😂

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Absolutely. You have to know exactly who you're getting into business with.

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How much do I pay for a personal lesson to be a professional dropshipper like you are

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Lol. For you, it's completely free.

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Woah.. so you do this kind of thingy. I thought it was just me that did shit like this on 3speak, I mean...talks and all. Keep it up.

It's really nice coming across you this.

Been recently working on getting better cameras, light and set up an actual studio - Youtube style. Unfortunately, I got sick... hypertension. Had to stay away for about a week now.
I'm literally running my mouth in this comment pardon me. I'm simply glad to know that you do this kind of thingy. It's cool.

Nice to meet you Omosefe.

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