Give your Black Friday selling campaign a boost with Boxme’s HUGE promotional discount
November marks the start of an annual shopping festive in the US. The string of booming sale-off bonanza that is Thanksgiving, Black Friday & Cyber Monday opens up the door for merchants the world over to thrive and skyrocket their sales up to 2 – 3 times. This is especially the ideal time for cross-border sellers to scale up and clear off stocks while still retain enough profits for post-holiday business.
BUT WHEN IS BLACK FRIDAY 2018?
Black Friday officially begins the day after the Thanksgiving holiday (Thursday), so this year it’s on November 23, 2018. However, it’s likely going to be more than just the one-day event it has been in the past.
Many retailers start coming out with Black Friday shopping deals early in the week as to avoid getting drowned out by everyone else. Most deals will also continue on through the weekend and into Cyber Monday (November 26), which is now actually Cyber Week.
So, the exact dates for Black Friday and Cyber Monday have become fairly irrelevant for any shopper.
According to RetailMeNot, approximately 115 million US citizens participate in the Black Friday frenzy every year. Black Friday still proves to be the busiest shopping day in the country; with statistics constantly on the rise, it seems customers’ mood to shop at this particular time of the year is not going to cool down anytime soon.
->> How to prepare your online shop for Black Friday 2018
Hurry up and seize this one-and-only chance to increase your revenue! Boxme is offering a 15% promotional discount off of global shipping to let you effortlessly send your stuff internationally on the biggest selling day of the year.
On a special note: If you are pursuing an Amazon-based business using FBA (Fulfillment by Amazon), then all you need to do is prepare your Amazon account, register your products, ship them to Amazon’s warehouses and start advertising your stuff, as well as offering suitable promotional incentives for this biggest shopping season of the year.
To help merchants better prepare for their year-end sales campaign, Boxme offers a huge promotional discount on our collaborated delivery service from now until the end date of 11/30/2018 – 15% off regular international shipping fee (not applicable in conjunction with the $8 international single order shipping service). Details are as follows:
- Applied to all orders shipped internationally using DHL and UPS.
- Lightning fast shipping from 3 – 5 days to every state in the US.
- Free pickup for urban area addresses in Hanoi and Ho Chi Minh City.
To be eligible for discount, simply follow these steps:
- Step 1: Visit oms.boxme.asia and register / login to your account.
- Step 2: Enter your order information and choose DHL or UPS as your preferred shipping carrier.
- Step 3: Create your order with incentive-included fee.
Jump right into the busy and uber-profitable year-end shopping flow in the US and boost up your sales to the fullest. Let international shipping be the least of your worries with the help from Boxme!
Seize your chance now!
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Your guide to analyze the causes of returned orders on Boxme system
Failed/returned delivery always proves to be a great concern among sellers, with the should-have-been converted sales turning into unnecessary costs to cover. What’s more alarming is that sellers can suddenly find themselves in a shortage of goods to sell when this happens, especially during thriving days like holidays and such. Therefore, accurate analysis of the causes for returned packages is vital to avoid getting tangled up in unwanted situations, and to improve one’s business in the long run.
Our robust Boxme system, with the experience of handling more than 300,000 orders each month from thousands of merchant and connected to 8 leading domestic carriers, is proud to be the only system that can help salespeople analyze the reasons for returned orders, and offer efficient transport alternatives to reduce the rate of return as well.
Below are some guidelines you can refer to in order to help improve your own order return rate when using our system:
1/ Analyzing the return rate by causes
To analyze the rate of return, you first need to determine the period you want to analyze on the system:
Besides indicators regarding Numbers of returned orders & the Average refund rate during that period of time, you can glimpse through the rate of return in accordance specifically with causes in the table below:
Here you can grasp the main reasons leading to returned orders. This will hopefully help you come up with proper plans for the next orders in line, such as:
- For “Recipients reject/cancel deliveries” and “Several failed contacts with buyers” type of reasons, you can randomly monitor different orders from different carriers to check the accuracy of the information reported back by postmen.
- If it’s “Wrong Address”, you can make a plan to continuously contact buyers before the goods actually arrive at their doorstep to inspect and change recipient information as soon as possible.
- For “Out of delivery supported area”, you can leverage services from different carriers and choose one appropriately lined for that particular area.
2/ Analyzing the return rate by areas
You can also analyze the rate of returned orders according to the area they are delivered to:
Based on these statistics, you can see which areas have a high rate of return comparing to the number of order deliveries allocated in that exact same area. For example, if 20 parcels are shipped backwards out of the total 100 you sent around Hanoi, the rate displayed on the statistics board will be 20%. According to Boxme’s study of major service users, the rate of return only fall into the rank between 8 and 15%; so if in certain provinces the rates are higher, then those are the areas that you as a seller should pay extra attention to.
3/ How to reduce the rate of return using Boxme system
So what exactly can you do on our system to minimize the rate of returned orders to the fullest after having successfully found out what caused them?
Here are some suggestions from Boxme:
- Make timely contact with carriers when there’s necessary change in recipient’s information. Once your order has been placed and verified, you will not be able to change the initial information on our system, and can only notify carriers directly and ask them to give postmen heads-up. On Boxme system, you can find information related to carriers as soon as you create an order, or you can find what you look for in the order information with policies pertained to each carrier to easily establish contact and fast processing this change.
- Switch between carriers to compare the rate of returned orders in areas with high rate of return. Boxme system is the only system that connects you with most leading domestic carriers, lets you try and compare the quality and the approximate return rate to choose the carrier that best suits your needs. You can also view each carrier’s policy to learn the specialized routes of each one of them pre-selected.
- Process returned orders quickly to reduce the overall rate of return. Boxme system provides you with a handful of options to proceed as soon as an order is deemed returned. Those are: Request for re-delivery; Request for return; and Cancellation.
3 ways to process returned orders
With these useful tips, we hope to give you a helping hand in reducing the rate of returned orders and the burden of extra shipping fee, especially during the end-of-the-year shopping festives.
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For further instruction, please refer to our:
Hotline: +84-1900-636-068
Email address: support@boxme.asia
Or make direct contact with our sales staff. We are glad to be of service!
Alternatives to Fulfillment by Amazon (FBA) for e-Sellers
For online sellers, Amazon is a major double edged sword.
On the plus side, the marketplace gives sellers direct access to 250 million buyers. According to Forbes, 4 of every 10 dollars spent online goes to Amazon. Sellers can’t afford NOT to list their goods there, and Amazon knows it – which brings us to the other side of that very sharp sword.
About half of Amazon sellers use the services of Amazon’s logistics arm, Fulfillment By Amazon (FBA) to store and ship out goods. Amazon leverages its power to set fulfillment pricing and FBA shipping policies that are not always supplier-friendly.
Despite this, many suppliers view FBA as a necessary evil. With over 100 fulfillment centers in the U.S alone (and growing rapidly), Amazon/FBA can easily execute Amazon requirements for free, two-day shipping under the Amazon Prime program.
Suppliers want access to Prime buyers (they spend twice as much as non-Prime buyers on Amazon), so they tolerate rigid FBA shipping and inventory policies to automatically qualify for Prime.
(Source: ForwardtoFBA)
Why FBA might not be the best way to do it
Shipping to Amazon
Amazon has strict routing requirements for inbound shipments to Amazon warehouses (if you want to see these requirements, here they are).
They dictate the size and weight of the box, paperwork requirements, how products are packed in the box, and the contents and position of box labels. If inbound shipments do not meet the spec, the entire shipment can be returned – at your expense!
Requirements for EDI data transmissions and label creation are equally detailed and well documented.
In general, very large shippers have little problem with Amazon’s requirements, but SMEs without dedicated fulfillment and IT staff can struggle.
Shipping Out Amazon Orders
->> 4 efficient international shipping tips for e-Sellers.
Amazon is one of the world’s largest logistics companies, and they store and ship goods very efficiently. A big reason: Rigid policies. Let’s look at some restrictions of FBA.
Challenges of FBA shipping include:
- High storage costs that rise during the holiday season.
FBA storage rates for standard products can be 3-4 times what a regular outsource 3PL might charge. And during the holidays, Amazon’s $0.69 per cubic foot storage charge spirals up to $2.4 per cubic foot for the same space.
- Penalties for slow moving inventory.
Once product is in the FBA warehouse, Amazon expects it to move. If one or more of your SKUs doesn’t sell as planned, you pay.
According to Amazon, “Units that have been in an Amazon fulfillment center for 6 to 12 months as of the Inventory Cleanup date are charged $11.25 per cubic foot. Units that have been in an Amazon fulfillment center for 12 months or more as of the Inventory Cleanup date are charged $22.5 per cubic foot.”
As you can see, these charges are incremental to the standard storage charge.
- No branding
When your product ships from an FBA warehouse, it arrives at your customer’s door in an Amazon box, diminishing the overall experience with your brand.
- No customization
Let’s say, for orders of a certain shampoo, you want to include a flyer promoting a special offer for a hair conditioner.
Sorry. No go. To maintain maximum efficiency in the FBA warehouse, Amazon wants to simply pick and ship. There are limited options to customize.
If you find yourself tangled up in these costs and complexity, it might be time to look for other solutions.
Alternatives to FBA
1/ Reach Amazon customers via Shopify
Amazon merchants have no excuse not to give Shopify a go, and vice versa.
The platform integrated with the marketplace last year, making it possible for users selling in USD to easily list their items on the site. All you have to do is add the Amazon sales channel to your Shopify account and you can create listings in seven product categories:
- Clothing and accessories
- Health and household
- Beauty and personal care
- Home and kitchen
- Patio and garden
- Sewing, arts and crafts
- Sports and outdoors
- Toys and games
In addition, Shopify merchants selling branded products can sign up for protection under the Amazon Brand Registry. Not only does this program help sellers protect their registered trademarks on Amazon, it also offers them full control of their listings and there’s no need to include Global Trade Item Numbers.
There are plenty of benefits to be found here. First off, you’ll gain a new distribution channel and access to millions of potential customers. But that’s not all.
(Source: Shopify)
Adding the Amazon sales channel to your Shopify account enables you to sync product details, variants and images to create listings on the marketplace without entering information manually.
At the same time, you can manage your entire inventory for both your Shopify and Amazon stores (and anywhere else you’re selling) in one place, so that you’ll never sell your last item to multiple buyers.
While there are no additional Shopify fees for selling on Amazon, you do need to operate a Professional Seller account, which costs $39.99 per month, plus a referral fee based on your product’s category. Shopify will also take a percentage of net revenue on every sale you make through Amazon.
2/ Go FBM (Fulfillment by Merchant)
Amazon gives you the option of being an Amazon FBM (Fulfillment by Merchant) to the extent you don’t want to be an Amazon FBA seller.
As an FBM seller, you handle the packing, shipping, storage, customer service, and returns of your products yourself, rather than paying for the Amazon FBA service.
When to be an FBM Seller:
- Smaller Businesses
- Exclusive Products
Advantages to Being an FBM Seller:
- Inventory Control
Sellers have complete control over their inventory and don’t need to split their inventory between Amazon’s warehouse and their own. This can help during big selling day like Black Friday or Prime Day as they do not have a limit in how much they can sell.
- Fewer Amazon Fees
By being an FBM seller, you do not have to pay storage or fulfillment fees to Amazon; however, you will still have referral and closing fees
- Higher Profit Margins
As you will no longer be paying those fees to Amazon for your orders, it is likely that your profit per product will be slightly higher than if Amazon were to fulfill the orders.
However, as an FBM seller you will likely have less sales overall. This is because over half of products on Amazon are prime and customers often prefer the free-today shipping as they are paying for it with their prime-membership fee.
- Returns
In contrast to FBA sellers who receive merely a box of returned items from Amazon, FBM sellers can match returned products with the customer, therefore lowering the risk of fraud.
(Source: ShippyPro)
Disadvantages to Being an FBM Seller:
- Inconvenient
As an FBM Seller, you are responsible for all packaging, shipping, and management of inventory. While some sellers might prefer to have this control, this might be overwhelming for high volume sellers as you must fulfill orders timely or Amazon will penalize you (lower your chances of being in the Buy Box).
- Lower Selling Price
In order to be competitive with other sellers who are FBA sellers, oftentimes FBM sellers will need to price their items lower to be in the Buy Box.
3/ Dropshipping from Vietnam
If you’re feeling like Amazon FBA is no longer the best way to go, your best bet might be to switch your stream of products into Vietnam and practice indirect dropshipping.
Plenty of e-Commerce platforms out there apart from Amazon provide useful sources to dropship. And the number is so abundant that you could establish your central Vietnam store right away and leverage your products on eBay, Shopify, Etsy, Magento, etc..
->> Everything you need to know about your Vietnam dropship business
(Source: NikkeiAsianReview)
For online sellers in Vietnam like you, when it comes specifically to (international) shipping, third-party logistics providers (3PLs) can help meet Amazon’s shipping and routing requirements, and can even be an attractive alternative to FBA shipping.
Let’s examine some of the ways 3PLs can help:
- When you partner with a 3PL, you negotiate set warehousing rates that are fixed and transparent throughout the relationship.
- 3PLs also prefer fast-moving inventory, but will work with you to identify the slow movers and the best way to handle them.
- 3PLs are generally able to customize processes to your precise fulfillment requirements with a variety of value-added warehousing services, such as custom labelling.
If international shipping bothers your everyday operation, let Boxme aid you with our ultra affordable solution!
Boxme is here to help!
Our reliable single order delivery service to the USA can help you shorten your delivery time and minimize added costs in the process:
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Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
-
Lightning fast delivery time at approximately 10 to 14 days.
-
Full-tracking – easily keep an eye on your order at all time using your order ID.
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Shipping handled by USPS – one of the most renowned freight players in the US shipping field.
WANT TO LEARN MORE?
->> [Q&A] What are the problems of dropshipping from Vietnam to the USA? (PART I)
->> What makes a product that sells when dropshipping on Shopify, Amazon, eBay?
4 efficient international shipping tips for e-Sellers
As you prepare for an ambitious dropshipping endeavor, it’s important to consider as many strategies as possible to help you maximize efficiency and profits.
In most cases, unfortunately, e-sellers focus only on more general costs of doing business, but overlook some critical opportunities to save, such as on international shipping.
The following is a look at some helpful tips you can use to save on international shipping.
Avoid locking yourself in one carrier
The best way to save money on shipping and postage is to avoid locking yourself into one carrier. Instead, we recommend leverage among the best carriers for each order, according to your need.
While it may seem time and labor intensive to reassess your shipping choice every time you receive an order, different shipping carriers can offer drastically different rates based on the weight, dimensions, and designated destination of your package.
(Source: proshipinc)
For example:
- Standard delivery services from FedEx and UPS add surcharges based on the delivery area, which can quickly drive up your shipping costs. However, their respective SmartPost and SurePost services eliminate these surcharges by picking up the package from your location and delivering it the final zone. From there the customers’ local USPS branch will make the ‘last mile’ delivery.
- USPS, on the other hand, doesn’t charge residential fees like FedEx and UPS do.
For another example, you can ship your heaviest goods (2-20 lbs) via Fedex, using a corporate account (Fedex gives discounted rates); anything under 2lbs through USPS Priority (for roughly $5 per package); and anything smaller and lighter than a 1lb by using First Class Mail USPS (usually less than $2).
There are a couple reasons justifying this:
1- Fedex is the least expensive major parcel carrier, and does not charge extra to pick up at a commercial location.
2- USPS provides free Priority shipping supplies and free pickup from residential and commercial locations.
By leaving yourself open to all your options, you’re in a better position to cut costs and go with the most advantageous rate. Carefully monitor and balance rates and choose carriers flexibly to ensure that you are getting the best price out of international shipping.
Consolidate it efficiently
Another important tip is try to achieve package consolidation – which means shipping products in as few, and optimally-sized parcels as possible.
Let’s do a little math: If it costs an e-Commerce business $9 to ship product A (independently) to a customer, and $7 to ship product B (independently) to that same customer, the cost of combining these SKU’s into the same box will likely be just $10-11.
Of course, being able to do this requires both well planned inventory management (to ensure you have both products at the same fulfillment center) as well as a warehouse management system (WMS) that appropriately batches a single customer’s orders together.
(Source: LeafcutterDesigns)
This is an incredibly important metric to monitor if you refer to an outsourced fulfillment center, especially if the fulfillment center charges a per parcel fee, and is thus incentivized to ship as many parcels as possible, not necessarily combine orders into a single parcel (which benefits the e-Commerce store).
Some shipping services allow you to bundle items together more effectively than others. To leverage economies of scale, promote certain products that customers often buy in combination to increase the size of individual shipments.
Whenever possible, combine multiple orders into one shipment to avoid multiple smaller units. You could offer customers bundling discounts to give them more value while reducing your shipping costs with each item purchased.
Use packaging provided by the carriers
(Source: USPS)
Another thing to help lower your cost of shipping is by using packaging provided by the carriers.
UPS, Fedex and USPS all offer free boxes and bags. Sellers across Vietnam, for example, have reportedly been able to save over 65% of packaging cost just by switching to Flat Rate Boxes provided by USPS to mail their packages.
Speaking specifically of USPS’s flat rate boxes, if you’re selling skin care and beauty products – which tend to be on the heavier side – just do some research and you will surely we find that these would work the best, all the while save you bunch of packaging troubles.
Outsourcing your shipping
Out of the many ways to save money on shipping, perhaps none is as effective and direct as outsourcing to Amazon FBA and similar services who handle shipping for you.
By using an outsourcing fulfillment & shipping service, you don’t have to shoulder some of the indirect costs of storing, packaging and delivering goods. These shippers also usually enjoy bulk discounts based on the volume of packages that send, which can save you money.
(Source: TheBusinessJournals)
You typically only have to pay a flat fee for the distribution services and you don’t have to worry about all the facets of transportation and logistics. All in all, the advantages far outweigh the negative sides.
Boxme is currently partnering with USPS, EMS, DHL, Dpex, TNT, UPS,… to help you ship your parcels internationally twice as cost-efficient. Most notable among those is our ultra-affordable deal of sending packages to US border via USPS.
Boxme is here to help!
Our reliable single order delivery service to the USA can help you shorten your delivery time and minimize added costs in the process:
-
Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
-
Lightning fast delivery time at approximately 10 to 14 days.
-
Full-tracking – easily keep an eye on your order at all time using your order ID.
-
Shipping handled by USPS – one of the most renowned freight players in the US shipping field.
WANT TO LEARN MORE?
->> Everything you need to know about your Vietnam dropship business
->> What makes a product that sells when dropshipping on Shopify, Amazon, eBay?
What makes a product that sells when dropshipping on Shopify, Amazon and eBay?
The dropshipping business model comes with pros and cons.
The major pros are the convenience, low upfront capital and freedom to experiment with products to sell.
The biggest con with dropshipping, however, is having less control over the entire fulfillment process.
When it comes to dropshipping, though, the most important question is: Which products will sell well?
Unlike in conventional e-Commerce stores where you must have certain types of products to sell and stick to those products because you’ve already ordered plenty of stock, the dropshipping business model allows you to test the market without keeping any inventory.
The upside of this is if selling a certain product doesn’t work, you can easily switch to another product without worrying about unsold merchandise or lost revenue.
However, you probably don’t have all the time in the world to play trial and error and try to figure out which dropshipping products sell well and which don’t. It’d be more ideal to already have some ideas of which products sell well before using this business model.
For instance, you might want to know whether t-shirts sell better than toys. The answer is: It depends. It all depends on your niche.
->> Why are dropshipping margins so tight and How to maximize the profits it brings
That said, there are certain product criteria you can keep in mind when considering which dropshipping products to sell to figure out if they will sell well or not within your niche.
How to find dropshipping products that sell
Find popular products (even if it means more competition)
Popular products can be easy or hard to sell.
A popular product on Amazon, eBay, and Etsy for instance, might not be that easy to market by a small retailer like you. Also, since popular products have too many competing sellers, it may leave you with a very slim profit margin.
The trick here is to find a popular product you can make unique to your own store in some way, and find a way to compete against other retailers based on price, selection, choice or availability.
For example: T-shirts, children’s toys and fashion products are all popular dropshipping products that sell well, but might be hard to compete against if you don’t have a competitive edge, such as relatively cheaper price tag, unseasonal designs and so on.
Check out TiredCity, a Vietnamese merchandise & clothing brand, for a prime example of a stand-out concept that sells well within a supposedly crowded niche, mixing unorthodox, traditional designs with quality garments, strong storytelling features and appropriate choices of marketing KOLs.
Some reliable sources to find the most sought-after products include:
Find not-so-popular products within a laser-focused niche (there’ll be less competition)
(Source: Metrilo)
This type of product can be your cash cow. As long as you have access to the niche market, it might be the best type of product to sell.
There are tons of less-popular products out there, and contrary to common belief, they’re great products to sell because they’re highly sought after by the consumers that want them.
To find them, you’d need to observe and analyze niche markets on a deeper level. Some examples of not-so-popular dropshipping products that may sell well, especially in the US market, include: Bulletproof vests, paintball guns and diving equipment.
These are products that some consumers want, and don’t apply to all consumers. But they are still highly targeted nonetheless.
Find the right price point (for your niche) and get the right profit margin (profitable or not)
(Source: wordpress)
Recognize the best price points for each product category in your niche is a must. To find the most optimal price points, it takes some in-depth research.
For instance, a high-end t-shirt priced over $50 is acceptable but an everyday white T-shirt worn for lounging at home isn’t.
At the same time, choose products that you can sell with a 30% or more profit margin.
The more popular the products, the more likely you’ll earn less because you’ll have to keep your prices low to stay competitive.
However, there are some products that allow you to make handsome profits (SEE THE TIPS RIGHT ABOVE!). You just need to research more to find them and decide for yourself if the profit margin is worth it.
NOTE:
Consider choosing a product category that you have actual experience in using.
This provides you with a competitive advantage because you have the necessary insights and are able to explain the technical aspects of the product and its various uses to prospective customers – which will ultimately decide if you can sell the product or not.
For instance, if you’re a fashion enthusiast with a collection of boots, you can sell various types of boots online by making videos or writing blogs and tell people how to take care of your products, how to mix them with different types of outfits and help them choose the most appropriate shapes and sizes, etc..
Your experience will be the leverage that helps sell your products.
Focus on supplier reputation (reliability & support)
->> [Q&A] What are the problems of dropshipping from Vietnam to the USA? (PART II)
When you use veteran dropshipping product sourcing services like Oberlo, you have peace of mind that the suppliers are reputable and will likely perform as promised.
Otherwise, you may want to find suppliers that specialize in dropshipping and only work with them, or contact other suppliers beforehand to ensure they’re familiar with the dropshipping business model so you’re on the same page and don’t jeopardize your relationship with your customers.
Your suppliers directly provide your customers with the product so they’re an integral part of the dropshipping process.
Finding suppliers for dropshipping products that sell
Next, after you’ve found the product category to sell, how can you find the right supplier? There are 2 routes to choose: the short way or the long way.
- The Short Way:
Use reputable dropshipping product sourcing like Oberlo, a dropshipping app for Shopify. You can conveniently look for the most suitable products directly from the dashboard. Since all suppliers have been pre-vetted, you can have peace of mind knowing that they’re reliable and have prior experience handling dropshipping customers.
- The Long Way:
Go to AliExpress and select the product category and type in the name or the description of the product. Or, you can browse top-selling products and start from there.
Carefully review and contact each supplier before uploading their products’ specifications into your own e-Commerce site.
In other words, you need to vet each of your suppliers by yourself to make sure that your customers will be properly served and your products will be fulfilled and shipped as promised.
For a comprehensive list of the most renowned dropshipping suppliers out there, check out our article below:
->> 9 best dropshipping companies for your e-Commerce business
SUMMARY
In conclusion, what constitutes ‘the best dropshipping product that sells like crazy’ differs from one seller to the next. To make a product sell like crazy, a combination of the product’s benefits and the seller’s competitive advantage is required. Experiment with various products, as this business model allows you to.
And keep in mind, apart from the research bit, it’s equally vital that you found a well-founded freight company that would be able to ship your products worldwide at the most affordable price.
Selling internationally, especially single orders, bears the difficulty of higher fulfillment cost. Also doesn’t help the matter that customers generally expect single orders to arrive faster, and the faster the more expensive.
And that’s where we come in!
Boxme is here to help!
Our reliable single order delivery service to the USA can help you shorten your delivery time and minimize added costs in the process:
-
Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
-
Lightning fast delivery time at approximately 10 to 14 days.
-
Full-tracking – easily keep an eye on your order at all time using your order ID.
-
Shipping handled by USPS – one of the most renowned freight players in the US shipping field.
WANT TO LEARN MORE?
->> Everything you need to know about your Vietnam dropship business
Why should you leverage USPS’s international single order shipping with the help from Boxme?
[vc_row][vc_column][vc_column_text]Among those who play an indispensable role as a driver of commerce and as a provider of delivery services that connects people around the globe, there aren’t many as trusted and reliable on the market as USPS.This is especially true when it comes to international shipping, and for orders targeting US borders, specifically speaking – as indicated in the name itself. USPS claims to be ‘the only delivery service that reaches every address in the nation: 155 million residences, businesses and Post Office Boxes’.
That said, its services have yet to reached out to its full extend to some of the countries in the booming Southeast Asia – Vietnam happens to be one of those.
So, in an effort to fill in the gap, Boxme proudly introduces our partnership with USPS, with the aim to offer an ultra affordable, reliable, and secure single order shipping service to the US, along with a handful of other benefits for our dear customers.
What is USPS?
USPS stands for The United States Postal Services, with a rich background dated back to the 18th century.
Its services are highly applauded for the reputation of handling international orders (especially those sent into & from the United States) quickly and affordably.
Sending packages to & from the US using USPS holds several benefits:
- Highly secured shipping service. USPS boasts an impressive rate of successful order delivery, minimizes the risks typically tie to international shipping.
- Competitive shipping fee. Cost-efficiency at its finest.
- Tailor made to those who wish to send individual parcels/gifts; those who practice dropshipping/cross-border selling; and firms who are participating in the import-export industry,
- Fast delivery time.
->> [Q&A] What are the problems of dropshipping from Vietnam to the USA? (PART I)
However, as with anything, there are still certain disadvantages to the services USPS offer:
- USPS has yet to establish an office in Vietnam, prompting local Vietnamese to send packages to a third-party collaborator instead.
- Customer services are still being carried out in English only.
- Tracking are pertained to only a few services: For example, its First Class Mail International service doesn’t allow tracking; Priority Mail International supports tracking for urban destinations; Express Mail International offers full tracking for a superior charge if there isn’t any intermediaries involve; etc..
Knowing this, Boxme is cooperating with USPS to bring the most out of the services it offers and give customers a beneficial and highly fulfilled international shipping experience.
Why should you leverage this special offer?
- Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
- Ultra fast delivery time at approximately 10 to 14 days.
- Timely queries clear-up and other related customer service features in English AND Vietnamese.
- Full support for returned orders.
- Full-tracking – Keeping a close eye on your order at all time using USPS order ID or Boxme’s order ID on the system.
Running your business twice as cost efficient with Boxme! Come and see what’s good!
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WANT TO LEARN MORE?
->> Everything you need to know about your Vietnam dropship business
Fast and economical international single order shipping & dropshipping from Vietnam — is it possible?
[vc_row][vc_column][vc_column_text]We all know the stereotype international shipping has picked up for being slow and costly.However, now with the help from Boxme, single order shipping to the US is easier and more economical than ever before.
What exactly is it?
Basically, we’re looking at single order shipments weigh anywhere between 0.5lbs (~220g) and 1lbs (~450g) under a moderate amount of charge – starting at only $8 per shipment. Packages of orders will travel directly from Vietnam to their designated destinations in the United States.
This service is not all that different for those familiar with the dropshipping practice, except that packages will be sent directly from Vietnam instead of having to go through suppliers on AliExpress/China.
Transparency is key here; everything will be presented on Boxme’s system, from synchronizing orders through e-Commerce platforms integration to the delivery process to end-customers at the States.
Who is it for?
Sellers who wish to send single packages beyond US borders can all leverage our high quality service, though it is best tailored towards those who are:
- Selling on Shopify/Etsy/Magento/eBay. Boxme already established connection with these 4 highly regarded e-Commerce platforms. Your order processing & delivery is just a click away.
- Dropshipping/selling FBM on Amazon.
- Looking to send gifts/parcels to partners, friends or relatives currently residing in the US.
Why should you use it?
The upsides are plenty, include:
- Shipping single orders weigh below 0.5lb and 1lbs to the US for $8 and $9.5, respectively.
- Ultra fast delivery time at approximately 10 to 14 days.
- Full support for returned orders.
- Full-tracking – Keeping a close eye on your order at all time using USPS order ID.
- Shipping handled by USPS – one of the most renowned freight players in the Vietnam-to-US shipping field
How does it work?
To proceed your order shipping, kindly follow these steps:
Step 1: Sign in/log on to Boxme’s system, create international shipment and choose USPS service.
Step 2: Print out labels on the system; initiate labelling process
Step 3: Transfer your package to Boxme’s default addresses (kindly contact us for further instruction)
Step 4: Boxme will double check to see if the package’s up to standards, then proceed to send it to the designated US destination accordingly with the system.
You can keep track of the delivery with your order ID on Boxme’s OMS system.
Running your business twice as cost efficient with Boxme! Come and see what’s good![/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_raw_js]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[/vc_raw_js][/vc_column][/vc_row]
WANT TO LEARN MORE?
->> Why are dropshipping margins so tight and How to maximize the profits it brings?
->> Everything you need to know about your Vietnam dropship business
Everything you need to know about your Vietnam dropship business
Are you one of those e-commerce dropship enthusiasts? Doing big volumes by dropshipping products from suppliers around the world? Purely focusing on dropshippers in Southeast Asia, or maybe having an intention of selling to US soil?
Vietnam business structure, as of the moment, seems perfect for you! In this article, we will dig into the business practices, tools, and see if you should incorporate your dropship business in Vietnam or not.
First things first: What Does a Dropship e-Commerce Business Involve?
You have probably heard about this before; but still, supposed you are in the internet marketing space, but not too familiar with e-commerce. Maybe you’ve heard the term ‘dropship’ – but want to know more.
Dropship is the concept that you list and sell your product on your own website or shopping cart, and when a customer buys the product, they pay you and you are the seller.
The difference from traditional e-commerce, however, is that you don’t have the product in your own warehouse! You have an agreement beforehand with a supplier or wholesaler who will ship the product directly to that buyer on your behalf.
(Source: thaihoanghd)
Since you have a pre-established relationship here, you get a lower price. Pay the supplier that lower price, and you keep the difference (profit margin) as your cut.
People adore this dropship model because they don’t need to invest in inventory. It’s not just about the upfront monetary requirement of paying for the stock, but also the risk that this product may not sell. With dropshipping, you can instead test the waters, see what products consumers want, and focus on those.
Ok, so what does a dropshipper need?
- Dropship sources
You’ll need to have at least 1 place to get your products from, or you’ll have nothing to sell. You may leverage regional factories or wholesalers and they may also have a Vietnam company, to make things super easy and smooth.
- Online marketing channels
This is online, so you’ll need some kind of channels to sell the products. Maybe content marketing, maybe paid advertising on Google or Facebook.
- Marketplace accounts (Amazon, eBay)
Similar to marketing channels above, but let’s call this marketplaces. For example, tons of people are making a good living off Amazon these days, so you’ll need to establish an account with them in order to access the massive amount of buyers in their network. eBay is still there, but is becoming less and less relevant.
->> 9 best dropshipping suppliers for you e-Commerce business
- Paying out suppliers
Once you start selling the goods, you’ll need to pay back the suppliers for those orders.
Relationships can vary. Some are willing to give you credit terms and invoice you monthly – which is pretty sweet. Others want you to pay upfront for the goods in order for them to ship out. You may pay them by credit card or by bank transfer, sometimes even Paypal.
Pretty much anything goes here, and if you’re a big enough dropshipper, you may be able to negotiate better terms and payment methods with the supplier. It’s all about volume in this though.
So that about covers it. The main idea is, first you have to find a source who will be able to ship on-demand to your end buyer, and then you sell those goods, get paid from the buyer, and pay back the supplier (immediately or on terms).
Benefits of Dropship e-Commerce in Vietnam
(Source: quora)
Why Vietnam you ask? Here are some notable reasons:
- Your dropship suppliers are (probably) in China
A ton of e-commerce is done out of China these days, with major dropshipping suppliers such as AliExpress and DHgate. You would want to be closer to the action and be a more favorable client to a certain dropship supplier you will be doing business with.
They will most likely have established their business to Vietnam too (as with the case of AliExpress) and you can pay them fast and easily. But even if they don’t, you can pay into Mainland China almost as easily.
- Southeast Asia is booming
More and more people are sourcing products in Southeast Asia – Indonesia, Philippines, and Thailand in particular – to sell to the US. Vietnam is no stranger to these places, and you can pay out to them quick and easy too.
And, if you’re lucky, these foreign factories and suppliers might also have a VN intermediary company – making it like doing business with your neighbor!
- You’ll Be Seen As more “Direct” from customers
Depending on your branding and marketing message, you may want to use Vietnam to your advantage.
If you’re trying to be “Factory direct” and competing on price in the market, you can leverage Vietnam as the direct best place to get low prices.
This is especially true if you’re dropshipping Chinese goods – often these suppliers give you better prices than the consumer can find anywhere else. As a creative internet marketer, think about how you can use this to your advantage.
Put your company office address right on your contact page and have the story about how you are committed to giving the best price to your customers.
- Favorable Tax Rate
->> [Southeast Asia] Export Potential in Vietnam (PART III)
We’ve discussed this on the above post, but you can get an advantage in your business from the corporate tax rate.
The base is currently 20%. Be a bit careful here, the IRD (Internal Revenue Department) wants you to pass the physical presence test. But even at the 20% tax rate in VN, you’re way better off than most locations in the world.
What You’ll Need With This VN Dropship Business
(Source: YouTube)
So convinced for Vietnam? Let’s see what you’ll need.
- Bank
This goes without saying. Once the company is set up, first thing is to apply for a business bank account. It’s how you’ll operate your company, your sales income and paying out your expenses.
- Paypal
Probably if you’re selling online, you’ll need to offer Paypal as a payment method.
- Merchant account
If you have a shopping cart, you’ll want to get paid by credit card. Your customer may be expecting it; in fact, if you don’t acce
pt credit cards (only having Paypal, for example) you’ll be losing out on sales.
There are a lot of merchant account options, such as Shopify Payments, Stripe Atlas, Apple Pay, etc.. Be sure to check them out.
- Payoneer
If you’re selling on Amazon, you may need Payoneer to get the sales put into your bank.
- Credit Card
You’ll need this to pay for online services, cause maybe your suppliers want you to pay them by card.
How much balance you’ll need? It Can get pretty high if your volume goes up and up. You may want to pay suppliers by bank transfer to keep things smooth.
Operating this Dropship Business
So now let’s say you have all these accounts setup. Here is a daily workflow:
-> You have your e-Commerce website up and running
-> You’ve uploaded the product details and photos of the products from your dropship supplier.
-> You’re advertising on Google Adwords or Facebook
->> [Q&A] What are the problems of dropshipping from Vietnam to the USA? (PART III)
-> Nice, a customer buys! They check out on your website and pay you by Paypal.
-> You don’t have credit terms with your supplier, so you go to their backend dropship system and place the order.
-> You use your business credit card to buy the product and ship it directly to the customer. You keep the $25 between the retail price and your dropship price.
-> Your sales grow, and you negotiate with a regional wholesaler to pay them every 2 weeks. They give you a super lower price than the USD pricing on their dropship site, and you’re amazed.
-> Your sales increase and you’re receiving money by Paypal and Credit Card. The first 2 weeks past and the account rep at the wholesaler emails you an invoice by PDF.
-> You login to your HSBC VN online banking and transfer them credits from your savings account. The fee is about $13, and your margins have been improving.
-> You find more wholesalers in the region who can dropship, and you expand your product offering. Your website gets more traffic, more sales, and you push down prices and expand your credit terms with suppliers.
Life is good, business rocks! And plus, you don’t have any products in your own warehouse or office.
Also check out our previous guide on how to maximize your dropshipping profit margin.
->> Why are dropshipping margins so tight and How to maximize the profits it brings
(Source: Oberlo)
Setting up dropshipping in Vietnam
Once you have decided to try your hands at dropshipping, it is time to set the business up and make some money.
So, here’s a little guide to get you started:
- Choose a product and then a supplier – bulky, fragile and large items are not recommended because shipping fees and handling may be a problem (SEEK THE HELP YOU NEED AT THE END OF THIS ARTICLE!). As for supplier, make sure to have a specific agreement pertaining to orders (i.e. payment methods, how and when items should be packed and shipped).
- Know all legalities – Besides having to pay taxes and duties, it is wise to have a formal agreement with your supplier.
- Set up your store – Shopify, Amazon, eBay, social media – choose whatever selling platform to put your listings up.
- List or put your products online – Know all the details about the goods as if you have produced the product yourself, and make sure to put up a good description of it, and know how to answer every question a potential buyer may ask.
- Once a product is sold and has been paid for, cut the chunk of profit you get, and forward the rest of the payment to your supplier to have them ship the item directly to your customer.
Appropriate sourcing of suppliers/wholesalers
Among the thousands of dropshipping suppliers, there will always be bad apples around.
To make sure you are dealing with a reliable supplier, here’s a checklist/tips you may want to consider before signing a deal done:
- Know your supplier – Ask for permits, certificates, business address, name, contact number, and everything you need to know about who you’re transacting with.
- Know your product – Ask for samples, make sure you’re going to sell something that wouldn’t harm your reputation. Of course, ask them about the quality controls implemented, and if they offer warranties.
- Payment method – Most suppliers in the Southeast Asia, especially those from China, prefer Western Union or wire transfer, but if there’s a chance you can pay via PayPal, use it instead so you can have protections against potential fraud.
- Communication – Contact numbers, social media accounts, email, physical address, etc.. Know every way to contact your supplier. Make sure to get a supplier that is always available and easy to reach, because whenever a customer purchases your product, it is vital to book that order with your supplier ASAP, so it can be shipped immediately.
- Shipping method – This is probably the most important aspect. Since you are not going to ship the product yourself, you need to know your suppliers’ courier and how reliable it is. We wouldn’t want delayed shipments, would we?
And this is where we come to aid!
Our reliable single order delivery service to the USA can help you shorten your delivery time and minimize added costs in the process:
-
Shipping single orders (weighted below 200gr) from Vietnam to the USA with ease.
-
Uber-economical and competitive shipping fee.
-
Lightning fast delivery time at approximately 10 to 14 days.
-
Full-tracking – easily keep an eye on your order at all time using your order ID.
-
Shipping handled by USPS – one of the most renowned freight players in the US shipping field.
Bottom line
Dealing with dropshipping suppliers and the dropshipping business in Vietnam as a whole may be a bit tough, especially with the language barrier and the possibility of getting low-quality products. But with extensive research and patience, dropshipping can help you go a long way.
The idea of dropshipping has its own advantages especially when we talk about investment or start-up capital, but it still has its own risks, as risk is basically one vital part of growing a business.
Dropshipping does not end at finding the right supplier and product, as your main objective is to sell; it all boils down to how you can make money from these products.
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Boxme – New Brand Identity System Announcement!
For the first time in our 3 year establishment, Boxme proudly present to you our fresh new look with a new Brand Identity System. With this latest logo changing comes our new cutting edge, customer value focused features for your future inquiries.
The new logo system still retains the distinctive carton-shaped, orange design and the former slogan “Cross Border Fulfillment”, embodying the wide range of fulfillment solution services that we provide to those who aim to sell domestically & internationally.
The up-to-date approach to branding represents Boxme’s strive for modern values and ever lasting connection with our dear customers. The wrap-around white arrow symbolizes our constant, forward thinking development in terms of infrastructure, service quality and customer experience optimization. To strengthen our bonds with partners all around the region and deliver top-notch services to help customers sell effortlessly across Vietnam as well as beyond international borders – that’s our ultimate goal.
The new Brand Identity System stems from our thorough internal changes started since the beginning of August – from warehouse operation to merging our former shipping channel Shipchung into the new order fulfillment system of Boxme 2.0.
On top of recent improvements, we are going to release our Boxme smartphone application and render the old Shipchung app obsolete, to further refine and hasten the processes of warehouse management, cross-border selling and integration with major freight partners – of which key features had all been formerly laid by the previous app.
We truly hope that our continual efforts will bring about better experiences for our customers.
Boxme – New System Announcement!
[vc_row][vc_column][vc_column_text]We at Boxme would like to express our utmost gratitude to those who have shown their constant trust and support in our services from day one. Your dedication is greatly appreciated!As an effort to keep polishing our services for a more satisfactory customer experience, we are very happy to announce the launching of our latest system, with new and improved features that will surely come in handy for your businesses’ operation!
- Comparative – transcendent cost & shipping services consideration, allows for the most optimized local & international order creation possible.
- Multilingual – tramps down language barriers all over the world and paves way for a smooth business expansion.
- “DirectLink” – introducing a uber-economical shipping service that helps Vietnamese merchants distribute their goods worldwide easily, all the while minimizes delivery time and maximizes cost-effectiveness comparing to more traditional postal shipping services.
- Highly integrated – more major freight players as well as domestic-international platforms, offering broader range of choices for those who are contemplating an omni-channel/multinational selling campaign.
- Points-for-Gifts – our newest promotional feature. Qualified participants include all those who have set up an account on our new system. A user will be presented with a certain amount of ‘points’, each time (s)he employs one of our many services, to use later for gifts & various types of discounts exchange. The more points accumulated, the greater the rewards!
Also, during September, to celebrate the establishment of the new system, we proudly present to you an exciting promotional campaign, with tons of benefits and gifts up for seize!
! INSTANT REWARD !
100% credit reward for initial money top-up sessions done in September 2018
From September 1st to September 30th, 2018, the first 1,000 customers who perform money topping-up for the first time into their Boxme accounts on the new system will receive a special promotional voucher, with reward value of 100% of their top-up amount.
- Notes:
– Vouchers offered in limited number, with expiry date due at the end of September, 2018.
– Vouchers represent value of up to $5, which deduces after each use and can’t be converted into actual monetary figure.
Hotline: +84-1900-636-068
Email address: support@boxme.asia
We are glad to be of service![/vc_column_text][/vc_column][/vc_row]
