3 ms·

Any chance you'll go into detail on what it was like to work out the dropshipping arrangement?

• lachyg 16y ago
  'Course. I don't think it'll be the great story you're after though. Initially I contacted the private label nutra companies, but the MOQ was like $5k, and I didn't want to risk that. So I found a company that was going to be doing it, talked to them and became friends. Then we just negotiated a price per sale, and how we would do shipping (I'd just email them a daily xls). Very simple. Contact, negotiate, execute.
  • paraschopra 16y ago
    Great, I know it may not be possible for you to reveal here, but if you are OK with it may I ask what sort of margins such these dropshipping arrangements offer?
    • lachyg 16y ago
      Well... I went for around 30% but I researched and decided that that was not nearly good enough, and went for closer to 60% due to their high profit margins. This will allow me to market it more affectively.
      • paraschopra 16y ago
        Correct me if I am wrong: do you pocket $55.2 (60% of $92) for every sale you make? That is way higher than I imagined!