The fulfillment industry comes in many shapes and sizes. It can be scaled from retail shopping, processing online orders to also an in-house set up. When a business decides on a fulfillment service, it can be overwhelming. Here are 3 fulfillment services that upcoming businesses should learn about.
- In-House
- 3PL
- Drop Shipping
In-house– In-house fulfillment is exactly as it sounds. When you’re setting up orders and packaging a product, you can do that from the comfort of your own home. Fulfillment operations are run independently by the employer. This process involves handling customer transactions, inventory management, product capacity, etc. The benefit to this business is the customization of package design, control of corporate affairs, and low expenses.
3PL– The term 3PL stands for Third Party Logistics. A 3PL fulfillment takes charge of everything from receiving products, picking and packaging items, to shipping them directly to the customer. What makes a third-party logistics distinct is the steps to deliver that product. A business pays for the service and the storage of items. Working with an e-commerce fulfillment center can assist a vendor with helping customers, processing returns if items are damaged, providing warehouse storage and shipment of goods. A fulfillment center like Complemar Partners can work behind the scenes while your business revenue grows.
Drop Shipping– Lastly, Drop Shipping is a fulfillment service that allows entrepreneurs to create their business. An entrepreneur purchases an item and sells it for a higher price. The seller focuses on packaging and shipping the product to the customer. The individual working with the seller oversees customer support, stock control, and package delivery. The advantage of Drop Shipping is working remotely, choosing from thousands of products, and it is easy to set up. However, starting this business can be stressful because of marketing of your online store, competing with other buyers, and extended shipping times over 2 days.
It can be challenging when choosing the proper fulfillment for your business. Before selecting a service, it’s practical to do your research first. The best strategy is to find a niche market, locate your target audience and make a profit. Whatever your business sells, finding the correct fulfillment will lead to a successful business outcome.
To learn more about our fulfillment and e-commerce work, visit our website at www.complemar.com.
