Okay so hoping you guys can give me some advice here. I run a site that sells Iraqi Dinar, Vietnam Dong, and a few other currencies. I'd like to start adding some additional revenue streams by having others work with me vs just relying on myself to sell all my product.
I'm torn whether I should try to find people to sell to wholesale, whether I should try to put myself out there as a drop shipper for people looking for a product but don't want to hold inventory, or whether I should start an affiliate program and let people earn a commission for sales they bring to me.
I was also looking for some advice on how to start an affiliate program. What are the costs? I had posted on craigslist and had people wanting like 50k plus to start an affiliate program for me which is WAY out of my league price wise. I also see there's some free or small fee type programs like JRox or something like that.
Basically I know nothing about starting an affiliate program so basically looking for someone to lay out whether it needs to be custom done on a case by case basis and costs a ton or whether there's programs you can buy to implement yourself. Also I use NO-NO-NO-NO-NO-NO-NO- website builder and shopping cart so could an affiliate program be implemented through that or would I need a custom site?
Also just to give you an idea of my business so you can maybe offer better advice in terms of what route I do. Basically if I was doing an affiliate I'd probably give people a smaller cut since I'm doing all the work but just to give you an idea of numbers say someone were buying from me wholesale for a product they could sell for $80 which is very competitive with other online sellers they could make $15 which works out to about 12.5%. On another product which they could sell for $1040 which again is very competitive pricing to offer they could make $90 which I believe works out to about 11.5%.
What would be ideal for me to do just try to find re-sellers to resell my product and offer wholesale pricing? Act as a drop shipper for others? Or try to set up an affiliate program?
Also could someone educate me a little on how to do an affilite program, what type of upkeep it takes and costs? I have tried to do some research online and on here but am more confused than when I started.
#ecommerce sites, wholesaling & drop shipping #aff #affiliate #drop #info #offer #program #sell #shipping #starting #wholesale