Hi all, it looks to me that in order to make this work in a timely fashion for a customer, I have to buy on my credit card and then send the product manually on Oberlo. If the payout is slow (a week for my own test purchase, but the card was successfully charged immediately) I'm stuck paying for the order. If I don't, the dragged out delivery times will kill the sale with a week or more waiting for the customers money to filter in. Plus there can be set up issues (I made a bunch) that extend the due date.
1. I was not prepared to purchase product with my own money, I could have done this through another web design company
2. The customer orders, I buy and then customer backs out and gets a refund (if you ever had to get a refund you know how you feel, and you don't feel like trusting a guy you can't see) and my profits vs losses varies greatly depending on if the product is already in the wind.
3. I have no way to verify the authenticity of suppliers. Been trying.
4. The long delivery time is fine coming from China (I could sell that a little bit if the product couldn't be found elsewhere, but that opens up duty and taxes, whether or not said product can be shipped to.....)
5. Import/export rules are not adequately covered. If you lose a shipment at the border because the other dropshipper is skirting the rules, the customer is out product, I'm out money there and now potentially complicit in a border importation issue. See number 3
6. The up selling to promote goods I can already buy locally and actually see them, isn't going to move garbage or knock offs (trademark issues are hard to define and I'm responsible for it should a lawsuit over infringement or patent violations comes up. And they do!)
7. I don't recall any idea I was going to get rich, but I don't recall thinking I was going to deal with suppliers that to be honest, are shady. They don't seem to respond to requests for contact, if you can find a home office at all, google a few to see what comes up and it's usually a redirect to Shopify. One came up as a kindergarten! And they are still my competition on top of it all. Like buying a pallet of lettuce from one grocery store to sell in the one accross the street. Marketing nightmare.
Do your research, find product you can trust yourself, cause you're paying for it. Find other revenue streams to flog on your Shopify store besides re selling. (It can be profitable, I just don't see how. That's on me I guess)
A free three legged horse is a tough sell, so dig in. If I'm wrong I'll apologize. But...