In the world of technology, starting an e-commerce store isn’t a difficult task. Platforms like Magento, WooCommerce and companies providing reliable e-commerce solutions have made it really easy to start an online business. Many successful businessmen have started online businesses just by having a website. They do not manufacture or produce products. Rather, they take the products of a third company and sell them online to their customers.
E-commerce entrepreneurs usually worry about marketing and branding of the product. There are many other challenges that have similar importance as finding suppliers and giving tough competition. Let’s talk about these challenges.
Consumer Fraud:
Consumer fraud has become common these days. It works like this:
Drop Shipping:
In this process, you directly ship the products from the third party to the customer without stocking it by yourself. You can face the following problems by adopting this process.
- The consumer places an order and waits until the product is shipped.
- When the product is delivered, he/she call it a fraudulent transaction.
- In such cases, banks usually take side with the customer and you have to bare the loss, as the manufacturing party didn’t ship it.
Drop Shipping:
In this process, you directly ship the products from the third party to the customer without stocking it by yourself. You can face the following problems by adopting this process.
- As you don’t check the product by yourself, you can’t know that the products being shipped have the same quality for which did publicity.
- Some drop shippers send the product with their own shipment methods which can result in long delivery times.
- During the holiday seasons, shortening the demand & supply gap can be really tough.
- There can be unfulfilled orders, which upset the customers.
