What is Dropshipping

  • As increasing need of ecommerce all over the world, there has been a huge demand of products all over world. Ecommerce revolution has changed the industry dynamics from traditional stores. Within huge shopping outlets, a supplier is to sell only what is inventory, while on ecommerce, there is no such limit.
  • Ecommerce facilitated the sellers to sell unlimited products without owning any product.

Here are steps for drop shipping

  • You as a Seller, find wholesale supplier for a given product where you can buy a product at wholesale price
  • Once you find a product, you list on Spantik Market place, free of charge. We don’t charge any listing fee, you can list unlimited products on Spantik Marketplace.
  • A buyer purchase the product from Spantik Marketplace, and place order
  • Spantik informs you of the Finalized Sale.
  • Once product is sold, you purchase product from the Supplier, or contact Supplier to deliver product to the Buyer.

Case Study

  • You purchase a product from Supplier at Wholesale price for $50. You put on sale for $100 plus the Shipment Charges on Spantik Marketplace. Once product is sold on Spantik Marketplace for $100. A fee of 2.5% goes to PayPal as transaction fee, and 5% goes to Spantik Final value fee. You care credited $92,5 after all fees and commissions. Net profit you make is $42.50.