This is a transcription with Jerry Gan, the founder and CEO of Let Us Drop Ship. Jerry explains why he started a drop shipping company and the unique benefits of working with LetusDropShip.com.
QUICK START GUIDE TO EASY ONLINE PROFITS !!SahilSingh470
It's hard isn't it? Knowing just where to begin when you're new to the whole online selling game. With so many others already earning money and touting the praises of their methods, where exactly do you begin?
E-Retail in India - assessment today, boom or kaboom?Rajagopalan V
What is the state of E-retailing in India now? What is going to happen - is it going to grow or disappear? Certainly consolidation is on the way and a handful of e-tailers stick out and would make customer's lives better in months and years to come
A Beginner's Guide to Dropshipping from ChinaShirley Shi
Dropshipping is the retail strategy of the future. With a global economy fueled by E-commerce and world-wide delivery services, people can retail goods from anywhere, to anywhere. Dropshipping makes that possible by putting products into your power even if you don’t have them in your hand.
Introducing Exploding Your Sales Advanced Pricing Strategies Goldmine. Inside this eBook, you will discover the topics about pricing strategies getting started, the bigger picture, pricing with regard to competition, rule premium products sell at premium prices, rule wowing through price is a bad move, don’t be afraid, times are changing, increase sales by presenting choices, rewards for customers equals more cash for you, trials and lead generation, banning the word cheap, value added, adding value explained, cut-off dates, limited numbers done right and so much more
The Ultimate Business Model That Lets You'll Huge Inventories Without lifting a Fringe
Welcome to the complete Dropshipping course. I'm going to teach you, step-by-step, how to build a highly profitable eCommerce store, from scratch. You don't need any prior knowledge of eCommerce or any technical skills - if you can use a web browser you are good to go!
My name is Tim Sharp and I've been a successful online entrepreneur since 2004. Over the years, I've built successful businesses in eCommerce, WordPress, Affiliate Marketing and Web and Database Development. I have extensive knowledge of the complete business cycle and a wealth of real world experience. But the best part is I've been able to live the Internet lifestyle, making great money working from anywhere and having the flexibility to do what I want when I want. And that's what I'm going to teach you
The course is designed with the total beginner in mind, but if you're struggling in eCommerce many of the tips and tricks I'll share with you will help you on your way. I'll be taking you step-by-step, showing you exactly what I have done to build a profitable eCommerce business. We'll be <b>learning by doing</b> and within the first few lectures you will have built your very own fully operational eCommerce store. From there, I'll teach you how to find profitable markets, find hot selling products within those markets, identify your ideal customer and then drive them to your store to buy your products.<br>
The final lectures will focus on how you can build your store towards $100K / year and beyond.
So what are you waiting for, let's get started right now on building a financially secure future.
ORDER NOW.
QUICK START GUIDE TO EASY ONLINE PROFITS !!SahilSingh470
It's hard isn't it? Knowing just where to begin when you're new to the whole online selling game. With so many others already earning money and touting the praises of their methods, where exactly do you begin?
E-Retail in India - assessment today, boom or kaboom?Rajagopalan V
What is the state of E-retailing in India now? What is going to happen - is it going to grow or disappear? Certainly consolidation is on the way and a handful of e-tailers stick out and would make customer's lives better in months and years to come
A Beginner's Guide to Dropshipping from ChinaShirley Shi
Dropshipping is the retail strategy of the future. With a global economy fueled by E-commerce and world-wide delivery services, people can retail goods from anywhere, to anywhere. Dropshipping makes that possible by putting products into your power even if you don’t have them in your hand.
Introducing Exploding Your Sales Advanced Pricing Strategies Goldmine. Inside this eBook, you will discover the topics about pricing strategies getting started, the bigger picture, pricing with regard to competition, rule premium products sell at premium prices, rule wowing through price is a bad move, don’t be afraid, times are changing, increase sales by presenting choices, rewards for customers equals more cash for you, trials and lead generation, banning the word cheap, value added, adding value explained, cut-off dates, limited numbers done right and so much more
The Ultimate Business Model That Lets You'll Huge Inventories Without lifting a Fringe
Welcome to the complete Dropshipping course. I'm going to teach you, step-by-step, how to build a highly profitable eCommerce store, from scratch. You don't need any prior knowledge of eCommerce or any technical skills - if you can use a web browser you are good to go!
My name is Tim Sharp and I've been a successful online entrepreneur since 2004. Over the years, I've built successful businesses in eCommerce, WordPress, Affiliate Marketing and Web and Database Development. I have extensive knowledge of the complete business cycle and a wealth of real world experience. But the best part is I've been able to live the Internet lifestyle, making great money working from anywhere and having the flexibility to do what I want when I want. And that's what I'm going to teach you
The course is designed with the total beginner in mind, but if you're struggling in eCommerce many of the tips and tricks I'll share with you will help you on your way. I'll be taking you step-by-step, showing you exactly what I have done to build a profitable eCommerce business. We'll be <b>learning by doing</b> and within the first few lectures you will have built your very own fully operational eCommerce store. From there, I'll teach you how to find profitable markets, find hot selling products within those markets, identify your ideal customer and then drive them to your store to buy your products.<br>
The final lectures will focus on how you can build your store towards $100K / year and beyond.
So what are you waiting for, let's get started right now on building a financially secure future.
ORDER NOW.
>> Okay management, Technology, ethics, capital, globalization, free
market, strategy, branding, promotion, innovation. I'm Miguel Garcia
and this is Fundamentals of Management and Marketing for Non-Business
Majors.
Let's talk about the first P, products.
[ Music ]
When we talk about products, we are not referring only to physical
products. Product is everything one receives in an exchange including
all tangible and intangible attributes and expected benefits. That
means that a product can be a good.
>> This is iPhone 6S. Not much has changed.
>> It can be a service.
>> With Uber it's all possible.
>> Or even can be an idea. And we're talking about physical products,
it's not just the product itself, but it can be the brand, it can be
the packaging, it can be the labeling.
>> Tropicana dropped its well known carton that we've seen for years.
The one showing an orange with a straw in it. And instead opted for a
more understated look. It was just a simple glass of OJ. But
apparently many consumers hated it and Tropicana's feeling the
squeeze. Will Ogonki [phonetic] has more this morning.
>> It bombed royally with customers. They voiced their opinion on the
Internet. One fan wrote, "I would never buy the new packaging".
Tropicana released a statement yesterday. They said we heard our
consumers and we listened. We appreciate their love and passion for
Tropicana. And when they told us they miss the look of their
Tropicana, we responded and we're bringing back the original.
[ Music ]
>> When we buy a product, it's not just the physical part that we
value. In the case that we just heard about Tropicana, the juice is
absolutely or was absolutely the same independently of the packaging.
But it make a huge difference in the consumers because they are not
buying just the juice. They are buying everything that comes with it.
The packaging, the labels, the logos, and everything is considered
when deciding to buy or not the product.
[ Music ]
The truth is that not all products are born the same way. This product
offerings can be distinguished among different criterias. But the one
we're going to use is the following. For example, we have convenience
offerings which are products and services that consumers generally
don't want to put too much effort in something. Because there are very
few, very little differences among them. Bread, cereal, fuel, milk.
[ Music ]
>> Wait a minute. Where am I?
>> Got milk?
>> We can take this to a higher level whether we talk about shopping
offerings in which consumers develop quite a strong preference for one
brand over the other. To the point that sometimes if you go to a
supermarket and you don't find the toothpaste brand that you want,
some people will go even somewhere else to try to find it.
>> I don't care what everybody's using, you're using a fluoride paste
to fight cavities.
>> But, mom, I ne.
Which of the following is true in a monopolyA.)Business owner.docxjolleybendicty
Which of the following is true in a monopoly?
A.)Business owners should focus on pricing products correctly so customers will choose it over other products.
B.)Business owners should focus on other business functions, since advertising will not impact the success of their products.
C.)Business owners should use marketing to emphasize the unique features offered by their products.
D.)Business owners should bring their products to market quickly, before another company can create a similar product
This is the Passage for this question
1. Suppy and Demand
The law of demand in economic terms is defined as a downward sloping curve on a graph where price is the y-axis and quantity is the x-axis. What we're going to see is as price goes down, quantity sold increases. So, as a product becomes more available at a lower price, people will tend to want to buy more of it, and therefore, the quantity demanded will go up.
The law of supply, on the other hand, is the opposite story. As the price increases, more producers will want to get into the market, which will affect how much product will be available in the market, because more people are coming in and trying to make a profit on the current price. As price goes lower, the law of supply says that the quantity will also go down.
1a. Market Price and Equilibrium
Market price
is the current price of a good or service at which a customer is willing to pay. Let's put our supply and demand curves together on a graph, and set the market price at the point marked with the dot. This will represent, given the current situation, what a customer is willing to pay.
hint Keep in mind that these things are always in flux, so you'll never see them static, like they're represented here. This is just for the sake of demonstration.
Equilibrium price
is the price at which quantity demanded and quantity supplied will meet. Recall where we set our market price, the price at which a customer is willing to pay given the supply of a particular product. What's going to happen is that the lines will move around until equilibrium is met, as shown below.
This is the price, given the supply and demand curves, where price will be at an equilibrium, all other things being equal.
terms to know
Market Price The current price of a good or service which a customer is willing to pay Equilibrium Price The price at which quantity demanded and quantity supplied meet
1b. Surplus and Shortage
Surplus
is when there's more supply of a product than demand.
Shortage
is when there's more demand for a product than there is supply.
This is going to affect the price, obviously. Surpluses will mean lower prices, while shortages mean higher prices.
The size of a business is going to have an effect on how they can cope with surpluses and shortages. Larger organizations have more flex--more money--available, and they're able to look for more substitutions for a product than a smal.
Welcome to the only WordPress solution for creating fully-fledged webstores ready to bring you high stable profit.
The AliDropship plugin gives you everything you need to start your own successful dropshipping business TODAY.
Download our new guide and get:
– 9 simple steps to earn up to $4,500 with your drop shipping store in first 30 days
– 5 case studies from multi-million making experts
– 25 pro secrets of making the greatest drop shipping store ever (by the record: you can make up to 2,000% profit margin with it)
Search & Import
Use our integrated filters to find your desired products on AliExpress.com and then easily add them to your website.
Auto Updating
Our auto updating system keeps your product information consistent with to-the-minute data from AliExpress.
Pricing Automation
Use our advanced pricing markup formula to quickly apply pricing rules to any items in your store.
Fulfill Orders Automatically
Forget about ordering every product manually. Just click the ‘Order’ button and quickly confirm your order on AliExpress.
ePacket Shipping Filter
Offer your customers fast and free delivery with our ePacket shipping option that makes finding products a breeze.
Auto Order Tracking
The Plugin checks your orders for tracking updates and sends email notifications to your clients automatically.
Welcome to the only WordPress solution for creating fully-fledged webstores ready to bring you high stable profit.
The AliDropship plugin gives you everything you need to start your own successful dropshipping business TODAY.
Download our new guide and get:
– 9 simple steps to earn up to $4,500 with your drop shipping store in first 30 days
– 5 case studies from multi-million making experts
– 25 pro secrets of making the greatest drop shipping store ever (by the record: you can make up to 2,000% profit margin with it)
Search & Import
Use our integrated filters to find your desired products on AliExpress.com and then easily add them to your website.
Auto Updating
Our auto updating system keeps your product information consistent with to-the-minute data from AliExpress.
Pricing Automation
Use our advanced pricing markup formula to quickly apply pricing rules to any items in your store.
Fulfill Orders Automatically
Forget about ordering every product manually. Just click the ‘Order’ button and quickly confirm your order on AliExpress.
ePacket Shipping Filter
Offer your customers fast and free delivery with our ePacket shipping option that makes finding products a breeze.
Auto Order Tracking
The Plugin checks your orders for tracking updates and sends email notifications to your clients automatically.
Having Questions like How to Calculate Selling Price of a Product? Whatever the Business you do, Almost all Stuck up in Pricing the Product. Setting up a Price is made form Simple Calculations, Which I will be Revealing today here. I am going to share a Simple Formula to Decide your Selling Price Here with very easy examples Obviously.
Whenever Someone enters your Website or Store, They are going to Consider what is your Pricing before watching out for the Quality. I’m not trying to mean that Quality can be Voided. But I am trying to let you know the Importance of Pricing.
In fact, Pricing is something more than that of Choosing how much to Charge your Customers. It’s the Deciding Authority on Business’s Profit. It can only determine the Success of Business.
Site4help is one of the Emerging Blogs which is made to Make New Entrepreneurs make money both Instantly and In a Long Term
We Provide 100% Ad-Free Experience for them and making it free and Glitch and Catch free ones….
The Sil Lum Tao of Innovation ——James Andrade, Former VP Research Developme...Simba Events
The Sil Lum Tao of Innovation
——James Andrade, Former VP Research Development & Quality, Mondelez International; Adjunct Professor, Griffith University
*drumroll please* It's our brand-spanking new Associate Guide! Whether you're in the Daymonverse, you're thinking about joining, or your in our orbit, we hope this guide will give you a 360-degree view of our company, our services, and most importantly, our people! http://www.daymon.com
Is The Way We've Been Doing Marketing And Sales Broken?Drift
Here's how the traditional approach to marketing and sales works:
Step One. Get people to your website.
Step Two. Once people are on your website, get them to convert on a form.
Step Three. After they fill out a form, nurture them with emails and phone calls until they buy from you, unsubscribe, or even worse -- do absolutely nothing, forever.
Yes, I dramatically oversimplified the process, but stick with me for a minute.
Now that we laid out how traditional marketing and sales work, take a second and think about the way that you buy and behave as a consumer.
If you're anything like me, when you're thinking about buying something, I bet the last thing you want to do is fill out a form or talk to a sales rep.
You try to avoid those things at all costs. Because these days, we can find out just about everything we need to know before making a purchase, and many times, we can buy things or get the information we need without ever having to talk to sales at all.
But in our jobs in marketing and sales, we stick to those traditional methods. That's how we do marketing and sales every single day -- because that's how it's always been done. That's how everyone does it.
But there are already examples of companies that have broken the mold of traditional marketing and sales.
Companies like Slack, Buffer, Trello, MailChimp, Zapier, InVision, Shopify, Quip, and others. They let us buy things the way we want to buy them -- on our own time.
Want to try before you buy? Go for it.
Want to buy something without ever talking to sales? Great.
Have a question and need to talk to someone? Yep. You can do that, too.
As Shopify’s chief sales scientist Loren Padelford said about the future of sales: “Our job is to do what our customers want. Customers are in control of the sales process now. We need to customize to the customer process, not to the sales company process.”
Those modern businesses believe helping is the new selling. They believe that customer experience is the new marketing. And they've figured out how to have 1:1 conversations at scale.
We think that there are two paths forward for businesses from here:
1. They can stick to their guns, keep doing what everyone else has been doing, and wait for that threshold level to get higher.
2. They can follow the lead of those modern businesses and change the way they do marketing and sales to match the way that people actually want to interact with a business today.
And that's what we're talking about in this SlideShare -- the future of marketing and sales and why the current model is starting to break.
How to do value-based selling that generates better prospects and higher reve...Jakob Persson
How to sell products and services based on value by qualifying leads and guiding buyer conversations using questions that help buyers visualize the usage and value of your offering in accomplishing their goals.
Presented at the Stockholm Value-Pricing Meetup on Nov 1, 2016. www.sthlmvp.com
>> Okay management, Technology, ethics, capital, globalization, free
market, strategy, branding, promotion, innovation. I'm Miguel Garcia
and this is Fundamentals of Management and Marketing for Non-Business
Majors.
Let's talk about the first P, products.
[ Music ]
When we talk about products, we are not referring only to physical
products. Product is everything one receives in an exchange including
all tangible and intangible attributes and expected benefits. That
means that a product can be a good.
>> This is iPhone 6S. Not much has changed.
>> It can be a service.
>> With Uber it's all possible.
>> Or even can be an idea. And we're talking about physical products,
it's not just the product itself, but it can be the brand, it can be
the packaging, it can be the labeling.
>> Tropicana dropped its well known carton that we've seen for years.
The one showing an orange with a straw in it. And instead opted for a
more understated look. It was just a simple glass of OJ. But
apparently many consumers hated it and Tropicana's feeling the
squeeze. Will Ogonki [phonetic] has more this morning.
>> It bombed royally with customers. They voiced their opinion on the
Internet. One fan wrote, "I would never buy the new packaging".
Tropicana released a statement yesterday. They said we heard our
consumers and we listened. We appreciate their love and passion for
Tropicana. And when they told us they miss the look of their
Tropicana, we responded and we're bringing back the original.
[ Music ]
>> When we buy a product, it's not just the physical part that we
value. In the case that we just heard about Tropicana, the juice is
absolutely or was absolutely the same independently of the packaging.
But it make a huge difference in the consumers because they are not
buying just the juice. They are buying everything that comes with it.
The packaging, the labels, the logos, and everything is considered
when deciding to buy or not the product.
[ Music ]
The truth is that not all products are born the same way. This product
offerings can be distinguished among different criterias. But the one
we're going to use is the following. For example, we have convenience
offerings which are products and services that consumers generally
don't want to put too much effort in something. Because there are very
few, very little differences among them. Bread, cereal, fuel, milk.
[ Music ]
>> Wait a minute. Where am I?
>> Got milk?
>> We can take this to a higher level whether we talk about shopping
offerings in which consumers develop quite a strong preference for one
brand over the other. To the point that sometimes if you go to a
supermarket and you don't find the toothpaste brand that you want,
some people will go even somewhere else to try to find it.
>> I don't care what everybody's using, you're using a fluoride paste
to fight cavities.
>> But, mom, I ne.
Which of the following is true in a monopolyA.)Business owner.docxjolleybendicty
Which of the following is true in a monopoly?
A.)Business owners should focus on pricing products correctly so customers will choose it over other products.
B.)Business owners should focus on other business functions, since advertising will not impact the success of their products.
C.)Business owners should use marketing to emphasize the unique features offered by their products.
D.)Business owners should bring their products to market quickly, before another company can create a similar product
This is the Passage for this question
1. Suppy and Demand
The law of demand in economic terms is defined as a downward sloping curve on a graph where price is the y-axis and quantity is the x-axis. What we're going to see is as price goes down, quantity sold increases. So, as a product becomes more available at a lower price, people will tend to want to buy more of it, and therefore, the quantity demanded will go up.
The law of supply, on the other hand, is the opposite story. As the price increases, more producers will want to get into the market, which will affect how much product will be available in the market, because more people are coming in and trying to make a profit on the current price. As price goes lower, the law of supply says that the quantity will also go down.
1a. Market Price and Equilibrium
Market price
is the current price of a good or service at which a customer is willing to pay. Let's put our supply and demand curves together on a graph, and set the market price at the point marked with the dot. This will represent, given the current situation, what a customer is willing to pay.
hint Keep in mind that these things are always in flux, so you'll never see them static, like they're represented here. This is just for the sake of demonstration.
Equilibrium price
is the price at which quantity demanded and quantity supplied will meet. Recall where we set our market price, the price at which a customer is willing to pay given the supply of a particular product. What's going to happen is that the lines will move around until equilibrium is met, as shown below.
This is the price, given the supply and demand curves, where price will be at an equilibrium, all other things being equal.
terms to know
Market Price The current price of a good or service which a customer is willing to pay Equilibrium Price The price at which quantity demanded and quantity supplied meet
1b. Surplus and Shortage
Surplus
is when there's more supply of a product than demand.
Shortage
is when there's more demand for a product than there is supply.
This is going to affect the price, obviously. Surpluses will mean lower prices, while shortages mean higher prices.
The size of a business is going to have an effect on how they can cope with surpluses and shortages. Larger organizations have more flex--more money--available, and they're able to look for more substitutions for a product than a smal.
Welcome to the only WordPress solution for creating fully-fledged webstores ready to bring you high stable profit.
The AliDropship plugin gives you everything you need to start your own successful dropshipping business TODAY.
Download our new guide and get:
– 9 simple steps to earn up to $4,500 with your drop shipping store in first 30 days
– 5 case studies from multi-million making experts
– 25 pro secrets of making the greatest drop shipping store ever (by the record: you can make up to 2,000% profit margin with it)
Search & Import
Use our integrated filters to find your desired products on AliExpress.com and then easily add them to your website.
Auto Updating
Our auto updating system keeps your product information consistent with to-the-minute data from AliExpress.
Pricing Automation
Use our advanced pricing markup formula to quickly apply pricing rules to any items in your store.
Fulfill Orders Automatically
Forget about ordering every product manually. Just click the ‘Order’ button and quickly confirm your order on AliExpress.
ePacket Shipping Filter
Offer your customers fast and free delivery with our ePacket shipping option that makes finding products a breeze.
Auto Order Tracking
The Plugin checks your orders for tracking updates and sends email notifications to your clients automatically.
Welcome to the only WordPress solution for creating fully-fledged webstores ready to bring you high stable profit.
The AliDropship plugin gives you everything you need to start your own successful dropshipping business TODAY.
Download our new guide and get:
– 9 simple steps to earn up to $4,500 with your drop shipping store in first 30 days
– 5 case studies from multi-million making experts
– 25 pro secrets of making the greatest drop shipping store ever (by the record: you can make up to 2,000% profit margin with it)
Search & Import
Use our integrated filters to find your desired products on AliExpress.com and then easily add them to your website.
Auto Updating
Our auto updating system keeps your product information consistent with to-the-minute data from AliExpress.
Pricing Automation
Use our advanced pricing markup formula to quickly apply pricing rules to any items in your store.
Fulfill Orders Automatically
Forget about ordering every product manually. Just click the ‘Order’ button and quickly confirm your order on AliExpress.
ePacket Shipping Filter
Offer your customers fast and free delivery with our ePacket shipping option that makes finding products a breeze.
Auto Order Tracking
The Plugin checks your orders for tracking updates and sends email notifications to your clients automatically.
Having Questions like How to Calculate Selling Price of a Product? Whatever the Business you do, Almost all Stuck up in Pricing the Product. Setting up a Price is made form Simple Calculations, Which I will be Revealing today here. I am going to share a Simple Formula to Decide your Selling Price Here with very easy examples Obviously.
Whenever Someone enters your Website or Store, They are going to Consider what is your Pricing before watching out for the Quality. I’m not trying to mean that Quality can be Voided. But I am trying to let you know the Importance of Pricing.
In fact, Pricing is something more than that of Choosing how much to Charge your Customers. It’s the Deciding Authority on Business’s Profit. It can only determine the Success of Business.
Site4help is one of the Emerging Blogs which is made to Make New Entrepreneurs make money both Instantly and In a Long Term
We Provide 100% Ad-Free Experience for them and making it free and Glitch and Catch free ones….
The Sil Lum Tao of Innovation ——James Andrade, Former VP Research Developme...Simba Events
The Sil Lum Tao of Innovation
——James Andrade, Former VP Research Development & Quality, Mondelez International; Adjunct Professor, Griffith University
*drumroll please* It's our brand-spanking new Associate Guide! Whether you're in the Daymonverse, you're thinking about joining, or your in our orbit, we hope this guide will give you a 360-degree view of our company, our services, and most importantly, our people! http://www.daymon.com
Is The Way We've Been Doing Marketing And Sales Broken?Drift
Here's how the traditional approach to marketing and sales works:
Step One. Get people to your website.
Step Two. Once people are on your website, get them to convert on a form.
Step Three. After they fill out a form, nurture them with emails and phone calls until they buy from you, unsubscribe, or even worse -- do absolutely nothing, forever.
Yes, I dramatically oversimplified the process, but stick with me for a minute.
Now that we laid out how traditional marketing and sales work, take a second and think about the way that you buy and behave as a consumer.
If you're anything like me, when you're thinking about buying something, I bet the last thing you want to do is fill out a form or talk to a sales rep.
You try to avoid those things at all costs. Because these days, we can find out just about everything we need to know before making a purchase, and many times, we can buy things or get the information we need without ever having to talk to sales at all.
But in our jobs in marketing and sales, we stick to those traditional methods. That's how we do marketing and sales every single day -- because that's how it's always been done. That's how everyone does it.
But there are already examples of companies that have broken the mold of traditional marketing and sales.
Companies like Slack, Buffer, Trello, MailChimp, Zapier, InVision, Shopify, Quip, and others. They let us buy things the way we want to buy them -- on our own time.
Want to try before you buy? Go for it.
Want to buy something without ever talking to sales? Great.
Have a question and need to talk to someone? Yep. You can do that, too.
As Shopify’s chief sales scientist Loren Padelford said about the future of sales: “Our job is to do what our customers want. Customers are in control of the sales process now. We need to customize to the customer process, not to the sales company process.”
Those modern businesses believe helping is the new selling. They believe that customer experience is the new marketing. And they've figured out how to have 1:1 conversations at scale.
We think that there are two paths forward for businesses from here:
1. They can stick to their guns, keep doing what everyone else has been doing, and wait for that threshold level to get higher.
2. They can follow the lead of those modern businesses and change the way they do marketing and sales to match the way that people actually want to interact with a business today.
And that's what we're talking about in this SlideShare -- the future of marketing and sales and why the current model is starting to break.
How to do value-based selling that generates better prospects and higher reve...Jakob Persson
How to sell products and services based on value by qualifying leads and guiding buyer conversations using questions that help buyers visualize the usage and value of your offering in accomplishing their goals.
Presented at the Stockholm Value-Pricing Meetup on Nov 1, 2016. www.sthlmvp.com
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Top mailing list providers in the USA.pptxJeremyPeirce1
Discover the top mailing list providers in the USA, offering targeted lists, segmentation, and analytics to optimize your marketing campaigns and drive engagement.
Anny Serafina Love - Letter of Recommendation by Kellen Harkins, MS.AnnySerafinaLove
This letter, written by Kellen Harkins, Course Director at Full Sail University, commends Anny Love's exemplary performance in the Video Sharing Platforms class. It highlights her dedication, willingness to challenge herself, and exceptional skills in production, editing, and marketing across various video platforms like YouTube, TikTok, and Instagram.
An introduction to the cryptocurrency investment platform Binance Savings.Any kyc Account
Learn how to use Binance Savings to expand your bitcoin holdings. Discover how to maximize your earnings on one of the most reliable cryptocurrency exchange platforms, as well as how to earn interest on your cryptocurrency holdings and the various savings choices available.
Structural Design Process: Step-by-Step Guide for BuildingsChandresh Chudasama
The structural design process is explained: Follow our step-by-step guide to understand building design intricacies and ensure structural integrity. Learn how to build wonderful buildings with the help of our detailed information. Learn how to create structures with durability and reliability and also gain insights on ways of managing structures.
buy old yahoo accounts buy yahoo accountsSusan Laney
As a business owner, I understand the importance of having a strong online presence and leveraging various digital platforms to reach and engage with your target audience. One often overlooked yet highly valuable asset in this regard is the humble Yahoo account. While many may perceive Yahoo as a relic of the past, the truth is that these accounts still hold immense potential for businesses of all sizes.
3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
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2. LetusDropShip.com Page 2
Joe Dager: Welcome to the LetusDropShip podcast. I am Joe Dager the host of the podcast, and
with me today is Jerry Gan, the founder and owner of LetusDropShip. Jerry is an innovative
web marketing executive with rich experience in techniques setting up web stores and
marketing products throughout the world. Jerry, would you introduce yourself and tell us about
your background?
Jerry Gan: I started in e-commerce six years ago. Most of the business is based in China, and we have operations
in the United States, in England, Germany, France and Australia. We have warehouses in
all these countries. In this business, we buy products from the manufacturer, most of
them in China, and we do all the quality control, shipment and distribute the products
through online eBay, Amazon, our own web store and sell to consumers directly. I started
with $10,000 in the beginning and right now we have about $3,000,000 a month in
revenue.
A year ago, we were looking to extend our business, to grow the business. One
alternative was to buy a huge amount of inventory and that takes a lot of money. So, we
started looking to suppliers to provide drop shipping as a service. We looked into them,
we tried, and we failed. It didn't work, because it was just too difficult to find products
that you can sell with margins and reliable shipping. The companies were just not working for us. So, we decided
to start our own drop shipping company with the services we needed.
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Joe: That led into your latest venture which is LetusDropShip. Jerry was the need for a drop ship company
based only on your experience? Did you talk to others that related the same or different experiences about
drop ship companies?
Jerry: It was from our experience, and we also talked to people in the same industry, e commerce, as we are. They
think drop shipping is a great model, but not being done well. They also had other problems. For example, one of
the problems we have discussed trying to find a good drop shipping company. The major problem is if you do find
a good product, and because they are drop shipping for to every retailer and no one is carrying inventory, they are
able to cut the price to whatever cost they care to. For example, somebody will invest to sell a product on eBay,
and they don't care about making a profit with that product. They want to build their feedback on eBay. They
even sell the product at a loss. For people who want to make a profit on this product, it doesn't work for them
because the retail price is so low. It is sometimes even lower than the job shipping price.
Suppliers, like manufacturers in China, they like that idea also, but they hesitate to work with drop shipping
companies. Once they bring a product into a drop shipping platform, they have the same problem with the price
issue. The manufacturers don't make money if their retailers only care about volume and how much they can sell.
There's no way anyone can make money if you cannot maintain a retail price.
Joe: What is different about LetusDropShip when it comes to pricing?
Jerry: One of our major differences is that we only work with manufacturers who have control over the brand in
terms of price structure, distribution structure and the brand strategy. Other drop shippers may work with
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distributors so that they can carry a lot of different products. They may have a huge selection of products, but
they don't have any control or interest in the brand in terms of protecting the brand's image or price structure.
We set up relatively complicated mechanism to be able to control the price. We actually have legal consultants,
legal advisers on board to help with dealing with price issues around controlling retail price to help the
manufacturer to be able to control the price.
Joe: Is that price-fixing?
Jerry: It is called vertical price-fixing, which is legitimate. It is not like two retailers getting together and saying,
“We want to fix the price”. That is illegal. This is manufacturers saying, “I want the retail price to be a hundred
dollars instead of eighty-dollars.” Whoever wants to be a reseller for my products has to follow that guideline, and
it is totally legitimate because many companies have done that. I actually did the research myself and found a
Supreme Court ruling in 2005 or 2006 about a similar case. It actually increases the marketing competition in
terms of allowing the manufacturer to compete with service, and with product quality and with more value to the
consumer. In that sense, it is legitimate and also brings value to the consumer.
Joe: If I’m selling on eBay or Amazon, I will not be underpriced?
Jerry: We do everything that we can so that price structures are maintained. There could be minor cases that
somebody is not following the rule. With our new platform, we are bringing out a function for resellers to report
the case, and we will take care of that, but that rarely happens right now.
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Joe: The advantage is that I'm going to be able to have a set price, can I charge above that?
Jerry: You can sell above the MAP price (Minimum Advertising Price), but the MAP price is the minimum price you
can have.
Joe: When you talked about shipping earlier, you mentioned the different venues that you have. Do you just
drop ship from one location or several locations?
Jerry: We have six warehouses all over the world. One in United States, which covers US and Canada, we can do
some international shipping, but it's not recommended because it's more expensive. You can take advantage of
our global distribution with local warehouses in England (London), France and Germany. The Germany and France
warehouses cover all of Europe to include Eastern Europe, Western Europe and Russia. We have a warehouse in
Australia which covers Australia and New Zealand. Our warehouse in China can ship regular service to any location
and may be cheaper shipping than from another warehouse.
Joe: If I am a retailer, I will be able to see exactly where it's being shipped from and when?
Jerry: Yes, exactly. You actually have the option before you even start selling the product. You can log in and see
where the product is located and how much inventory we have and an estimation of how long that inventory will
last and what kind of shipping options you have. When you have an order, you can place the order and specify
which warehouse you want to ship from and what shipping method you want to use.
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Joe: We discuss selling on Amazon, eBay and other online platforms. Is there an advantage for an offline or
brick and mortar retailer to use LetusDropShip?
Jerry: We know drop shipping is great for e-commerce. I have been told before from the other drop shippers that
drop shipping has been widely used for traditional retail stores. For our service, we allow the retailer to order
samples with no minimum order requirement. This way a retailer can display in their stores and can determine
from there how much you want to order in the future, or you can opt for your customers to have the products to
be shipped directly to their house. You don't have to worry about when people bought from your store and then
doing a search to find the product selling less on Amazon because with us you have the same price. You just don't
have to worry about that problem.
Joe: So, there is consistent pricing between an offline store and online?
Jerry: Yes, but they have the option to sell for a higher price offline if they want to because they can add extra
value to be able to deliver right away and provide very personal service.
Joe: Drop shipping sounds good on paper. What are the draw backs working with a drop shipping company?
What should I know before starting?
Jerry: I actually have done research previously trying to find a good drop shipper. A drawback is some drop
shippers charge you a high monthly fee. You should be aware of that. Sometimes, they make money just by
charging the fee. They charge a fee so they can bring value to the retailer. It's not bad, but you have to be aware
to research about whether the product can help you to make a profit. I have drop shippers who provided a drop
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shipping price higher than the retail price on Amazon. That has happened a lot of times. You really want to do the
research and make sure you can make a profit. Another drawback is if you are a retailer who is solely competing
with price, drop shipping might not be the best option for you. The drop shipper may be giving you a wholesale
price, but all the other members are getting the same price as well or roughly the same price. So, you don't get a
price advantage over the other retailer. If you are somebody who is solely competing with price then the best
option to do is to try to buy a wholesale in large quantities and try to find your initial market that the other
retailers don't have access to the vendor.
If you have somebody good at marketing the product, and you have the resources with a customer database, you
have good service, and you stand out as a brand; drop shipping could be a great expansion for your existing line of
inventory.
Joe: What type of training do you offer?
Jerry: Another difference that we are trying to make with our platform is incorporating training. It's not simply
training, it's actually step by step guide that incorporate tutorials, video tutorials but also analyzing your activities
by doing business online and give personalized recommendations. We have talked to a lot of our customers, and
they are all very excited about that. That is going to be another advantage for our members to start no matter
what status you are, e-commerce or retail. We are working on something that can help you move to the next level.
We are continuously learning about e-commerce and retail ourselves, and we want to share our experience by
helping each member, even if they are just starting on eBay or Amazon. When most start an e-commerce business,
they think that eBay is the best option, but in reality, Amazon is actually a better option. A lot of our users don’t
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know that so what we do is give that information to them and share our experience with them and help them to
grow the business.
Joe: Is there any requirements to start with you?
Jerry: There's no requirement right now, and it's going to be free until the end of the year. After that, we are likely
to charge $30 per month membership fee, and the reason is we don't want regular consumers to come and buy
things for a wholesale price. We can't provide consumer service. We are business to business, and that is our
focus.
Joe: Where and how does someone find out more information?
Jerry: You could go to our website and sign of it as a member and write now it is free, and there is no obligation
and follow us on Facebook, and we are giving more information and updates. Our website is letusdropship.com
Joe: I would like to thank you Jerry.
Jerry: Thank you. Have a good day.
Letusdropship.com was founded as a solution to creating a comprehensive, yet truly profitable and easy to use
drop shipping service. We sincerely hope that we will become your drop shipping partner.
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Why use Letusdropship.com?
Protected Price Policy
No more over competition! We maintain a bottom price for each product so your profit margin is always protected.
Limited number of sellers
The number of sellers for each product on each marketplace is limited to protect a good sell-through rate for you.
Seller Training
You will be given guidance on your products and how to jump start and promote your sales.
Global Market
Go worldwide with our warehouses in the United States, United Kingdom, Germany, France, Australia and Hong Kong.
Risk Free
Eliminate your inventory risks, with no minimum order quantities simply order what you want! Your only concern is to
sell!
Free 1 Month Trial. Guaranteed Profit in 6 Months Or Your Money Back!
START YOUR FREE TRIAL NOW