Cutting Costs with Drop Shipping
Auction sellers know that more time is spent preparing auctions and shipping orders than selling. Taking pictures, cropping photos, and uploading images take time, and let’s not forget about how long it takes to package and ship orders. The traditional auction business model focuses largely on preparing listings and shipping orders; while drop shipping, on the other hand, clearly focuses on selling. The drop shipping business model enables you to cut costs while boosting your bottom line.
Let’s take a closer look at how costs are cut with drop shipping.
The time spent on preparing images and product details varies between sellers. I tend to take many shots of each product to ensure that the end result is just right. I can easily spend 30 minutes taking photos, transferring the images to my computer, cropping the photos, and uploading the completed images. We’ll say the whole process averages 20 minutes though, because the average seller probably takes fewer shots than I do. Traditional time: 20 minutes.
Drop shipping providers allow members to use their professional stock photos. Stock photos are generally high quality with good lighting and focus. In fact, stock photos are often better than the photos sellers create. Since product images are ready to go, sellers only need to upload them. Drop shipping time: 2 minutes. Time saved: 18 minutes.
In addition to providing photos, drop shipping providers supply product details. Product descriptions are a clear time-saver. With the comprehensive product details, the bulk of your listing is complete. Time saved: 5 minutes.
The time it takes to box and label orders varies depending on the type and size of the product. Heavy, long, or fragile products require special care, but small, durable goods can be wrapped up quickly and easily. Although times vary, boxing and labeling probably averages about 5 minutes per order. Traditional time: 5 minutes.
How long does packaging orders take with drop shipping? No time! With drop shipping, you never have to box and label an order. Talk about a stress-reducer. Time saved: 5 minutes.
Traditional methods require you to drive to the Post Office and wait in line to ship orders. A trip to the Post Office and back can easily take at least 40 minutes or more, while waiting in line can take another 5 or 10 minutes. Individual times will vary depending on the distance to your Post Office, the number of people waiting in line, and the number of clerks ready to assist customers. Traditional time: 45 minutes.
Drop shipping eliminates trips to the Post Office. You never have to ship orders. This means no wasting gas money, no wasting time driving and waiting in line. I don’t know about you, but I have much better things to do with my time than take a trip to the Post Office. Fortunately, drop shipping completely frees you of this stressful task. You do have to place the order online with your supplier, but that only takes a minute or two. Time saved: 43 minutes.Slashing costs
There is no doubt about it; drop shipping slashes costs. This simple breakdown shows us that we can save an average of 23 minutes creating a product listing with photos, 5 minutes boxing and labeling an order, and 43 minutes shipping that order. Drop shipping saves us over an hour on one product. Imagine how much time can be saved by incorporating drop shipping into your business model.
The truth is drop shipping is more than a time- and money-saver; it is a huge stress-reducer! Ease your stress by letting your drop shipping provider take care of all the headache-inducing tasks, so you can focus on selling more and earning profits.
As the saying goes, time is money. Time translates to money when you think about how much you earn per hour, and what you could be doing with that hour. Make the most of your time to boost your bottom line and provide yourself with peace of mind.