What is 365 Dropship?
To revolutionize the fashion, beauty and jewellery industry worldwide, 365 dropship brought in the idea of dropshipping products. 365 dropship urged all existing sellers who already are dropshipping or wish to break into the international e-commerce market to join the platform and open all doors to trade and commerce worldwide. 365 utilizing its expertise in the marketing and e-commerce came up with the idea of dropshipping premium products worldwide. Today there are over 50,000 premium products listed on their website in which they deal in. The products range from everyday products from brands like L’Oreal to high-end luxury brands like Lancôme. Along with fashion and beauty, 365 dropship also deals in fine and exquisite jewellery. Recently they have also started venturing into various kinds of products required for pets. Thus it is quite clearly visible that 365 dropship is slowly diversifying the kinds of products it is dealing with.365 dropship allows sellers to list their products on their own personalised store and deal directly with the customers. Another added advantage is that 365 dropship has an excellent inventory management system and a very well organised logistics department too. Moreover, it also has an up to date tracking system through which it is possible to know the live location and status of the order which is absent in many dropship companies.
Features of 365 Dropship
365 dropship is within itself a very different kind of dropship companies. Unlike many other dropship companies, 365 dropship provides inventory optimisation techniques. 365 dropship even has a logistics channel of its own so that it can take care of the deliveries first hand itself. It is well integrated with the e-commerce giants like Amazon, eBay, etc.
Pros of 365 Dropship
- Stock Management - 365 dropship has a very well built and much-appreciated stock management system. 365 dropship manages its stock in such a manner that the products before being out of stock are informed to the seller thus re-stocked on time. Thus even the most sold products are rarely shown out of stock It is due to the very efficient stock management system that the seller is always informed on time and thus the customer never leaves the website without the product he desired for.
- Number of plans - Like many other dropship websites, the 365 dropship understands that not all business units operate on the same scale and thus has 3 different kinds of membership plans for different kinds of business owners. If a small dropship seller thinks that he cannot operate on that large scale and thus does not want to block that kind of funds he can yet use the services of the 365 dropship with as low as $9/pm. Thus with such low investment also, the seller can take advantage of e-commerce. The details of the plans are listed below-
- Integration- 365 dropship is very well integrated with e-commerce giants like Amazon, eBay, Shopify, etc. The product descriptions and images are pre-designed in such a manner that if any seller wishes to list his product on any of the mentioned e-commerce websites, he can directly import the data in XML or CSV format and upload it directly to the websites. Not only this if has any dropship seller wished to sell any product on his own website, he can also import data from 365 dropship.
- • Variety of Products- 365 dropship provides a wonderful range of products. Anything and everything one can think of is available on the website. Not only everyday requirements are available but also if a consumer wants to splurge, luxury items are also available. The wide range of products offered on the website makes it a popular choice for many dropship sellers
Cons of 365 Dropship
In spite of the wide range of products and well-organised inventory management, 365 dropship could not become as popular amongst the sellers as it should have been. Some of the reasons behind it are-
- Packaging - One of the major issues faced by the dropship sellers is that 365 dropship does not allow any product to be packed with the logo of the seller or any plain label logo. The product has to be shipped and packaged as 365 dropship wants it to be. No branding of the seller can appear on the packaging of the product which sometimes turns out to be annoying for some sellers.
- Transactions - Although 365 dropship ships its products worldwide to several countries, it accepts payments only in the US dollars through PayPal. This becomes a problem for the seller if selling the products to different countries. The dropship seller receives payments in other currency and losses some of it while converting the currency into the US dollars. This exchange loss sometimes becomes a problem for the dropship seller.
- Pricing - It is seen that 365 dropship does not provide the lowest prices for the dropship sellers. Maybe due to the high maintenance costs, 365 dropship is often seen charging higher prices for products than various other dropship companies. This improper pricing issue creates a sense of discomfort among the dropship sellers.
