What is so important about updating the price, quantity, and status for drop ship products?

If you are asking this question, you are either new to drop ship products, or you have not sold products in large volume.  We often hear from people who have struggled for years selling products on-line.  Then they find us, use our services, and they realize how much real value our services add to their business. If you do not physically possess the item that you sell, such as a drop ship product, then you might think of yourself as a seller of a service to get a customer the product that they want.  So, if you look at the business of selling drop ship products as being a service or information provider, then the accuracy of your service and the quality of the information is the value that you provide.  Quality and accuracy of the information on your site becomes part of your brand image.

Also, suppliers can change there price for multiple reasons.  If you put a product on your site at $50 with a $10 mark-up and they raise the price to $60.  You just lost all profit.  However, if you use Inventory Source you set your price settings and as your suppliers raise or lower the prices they charge you, we can raise or lower your prices on your site with your price setting to protect your profit margin.  Also, your site will be one of the FIRST online to offer the new price.  This gives YOU the traffic when people search for this product.  Let all of the other resellers try to succeed with less accurate information.  With the quantity and status, few things are more irritating for suppliers, resellers, and most importantly customers then trying to complete a sale for an out of stock product.  Your feedback on market places and even customer retention will be severely damaged when a custom tries to complete an order for a product that you have listed as available, but the supplier has as out-of stock.  That is why we update these field, and can do this for you with the automation service, or give you the daily details in a file download.  Also, why would you want to do all the work to process an order, only to discover it is out of stock? 

So, when it comes to selling drop ship products, along with knowing you have a trusted primary supplier selling you products, the price, quantity, and status of a product are the MOST IMPORTANT details for you to accurately list on your site.