Once you explore Openbuild you will be able to see the projects that other customers have posted in the platform. For example, if someone has a requirement for Van Gullwing Door Kit, he/she can see the completed project and decide if they need a similar product or if it needs some modification. The process of developing the item becomes easy as you bypass the costly and time consuming methods involving trial and error. When you need fabrication of a Chevy van snout or the hood scoop, you can check the specs, customize it, if needed, and then proceed to purchase the item straightaway.
The marketplace of Openbuild has many such fabrication projects and items listed and you will surely find one that matches with your specifications. If you buy an HD motorcycle carrier from the market, you may get one in your budget but you can never be sure of the material used to manufacture it. But when you search projects in this online platform, you buy the item only when it matches your requirement to the Tee. Else, you can ask the provider to customize it accordingly. Therefore, the quality is always ensured.
No project is too small or too big for the Openbuild platform. If you need some customized T-shirts to be printed with their logo you can place your order directly. Finalizing the service provider for the more complex fabrication project you may directly negotiate with the service provider and strike the deal once both of you agree to the terms and conditions of the project. Before you start negotiating with the provider, you also have the option of exploring their portfolio and see if they have worked on similar projects in the past. You can find their name, categories in which they deal, their rate and also the specialized services they provide. When you have to quote the budget for a big project then you must find out the cost of each and every component in order to calculate the final cost. Since you know the tentative cost when dealing with the providers online, preparing the budget will be much easy.
Finding the right person for your fabrication job is easy in Openbuild platform. The jobs are neatly arranged in categories and you can only search for the type of providers you are looking for without scrolling through the profile of each and every service provider.
When a manufacturer, wholesaler, distributor or importer, after receiving an order from their retailers, individually pack and deliver the product to the customer of the retailer with retailers address as shipper, this selling technique is called drop-shipping.
Select a product to sell
Once you decided to go with drop-shipping you need to find products to sell and find drop-shipping suppliers for those products. According to the same report from Jupiter following are the most favorite categories for online shoppers: Books; by far the most popular category, after that comes clothing and shoes, music, toys, video tapes and DVDs, gift certificates, consumer electronics, accessories, videogames, bed and related items, and bath items. You should also consider that this year, total Internet sales of consumer electronics are expected to rise 32 percent to $7.5 billion, making it the fastest growing group among all retail sales categories online.
You might think that the easiest way of finding a drop-shipper is just to buy one of the numerous lists on the Internet for sale. I will recommend you to use them for number of reasons. Often, these lists are outdated or carry wrong information. Even if you find the companies through the lists, since many people use these lists, you get into fierce competition for market share not even starting to sell.
Use the following approach instead:
The first step is, naturally, to use the search engines. Using various combinations of the keywords of your product with words: manufacturer, wholesaler, drop-shipper, dealer, see if you can find the original source of the product.
If several online retailers are already selling this product, do some detective works! Check out the sites thoroughly. May be, you can find a clue, which will help you track down the supplier.
If it is an imported product go to the sites like aliexpress dropshipping websites. Locate the manufacturer and get in touch with them to find who you should contact in your country to retail sell their products. If the product is manufactured in North America, the best source to find them is Thomas register.
You should definitely attend the trade shows related to your category of products. This is an easy way to find a number of suppliers, who might be willing to work with you.
Trade journals and publications are also a good resource for finding suppliers of your products. Although, you might have to go through a sizable quantity of them before you stumble on the right supplier.
Drop-shipping has some inherent drawbacks too. The biggest of them is you have to totally rely on the drop-shipper to fulfill your order and get the product to your customer on time. The others are, you do not have any control over the price or availability of the product. However, a good drop-shipper cares for his reputation since his drop shipping business for sale depends on retailers like you. Thats why you have to be very careful in choosing the right drop-shipper.
What is the Global Entrepreneurship summit
The Global Entrepreneurship Summit is an annual gathering of leading and emerging entrepreneurs, promoters and investors from all around the world who come together to address the issues surrounding entrepreneurship as well as discussing innovative ideas to foster the growth of new companies. GES 2017 aimed to foster an atmosphere that empowered women innovators and enable them to raise their innovative ideas to the next level. The summit which lasted for two and a half days comprised of various networking and mentoring events as well as workshops. Many entrepreneurs were able to pitch their ideas at the summit as well as build as partnerships and get funding for their projects at the event.
Women First- Theme of Summit
The US delegation was led by Ms. Ivanka Trump, who is the advisor to the president of United States. Ms Trump while speaking at the summit highlighted the need for lifting barriers that restricted women from innovating and asked everyone to come together in order to allow women the freedom to innovate and empowering them to succeed. She affirmed that the economy and society of the various nations of the globe would reach its full potential only when women are empowered. The Prime Minister of India also made a speech during the summit where he highlighted the need for innovation and empowerment of women.
Indo-US ties strengthened during the summit
The summit which was the first in Hyderabad showcased the talent of Indian entrepreneurs and re-affirmed the respect they command in countries like USA and all over the globe. As Ivanka Trump mentioned in her speech, tech innovators from India are taking over the globe. Satya Nadella, an immigrant in the USA, from Hyderabad, has risen to become the CEO of Microsoft, while another tech giant Google is headed by yet another Indian immigrant Indian, Sundar Picchai. The GES summit which was attended by more than 1200 entrepreneurs over a period of two days also hosted many successful Indian immigrants who set up business in various parts of the world. The summit was a showcase of the innovativeness and intelligence of Indian immigrants who took the initiative to start over in a new country, while dealing with climate and culture that they were not accustomed to and made their mark on the economy and society of their new home.