Chapter 3 - Use Multiple Suppliers

One effective way to improve your order fulfillment ratio is to use multiple suppliers with overlapping inventory.

This way, if one supplier doesn't have a particular item in stock, there's a good chance another supplier does.

Additionally, relying on a single supplier can be risky, as they may decide to stop working with you, raise their prices, or go out of business, which could negatively impact your online store.

To ensure the success of your business, it's important to carefully select your products and consider the following:

Use multiple suppliers in the same dropshipping niche or industry to increase the likelihood of having access to popular, bestselling items.

Choose products that are in high demand and are likely to sell well.

Consider the cost and availability of the products, as well as any potential competition.

By being strategic about the products you offer, you can help ensure the success of your online store.

·    Why is it important to have multiple suppliers?

·    How does it affect your inventory?

·    How to ensure business success by having alternatives?

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