What Are Fulfilment Services?
If you have been looking into opening an online store, you may have heard about fulfilment services. Like many business owners, you probably have questions about what exactly these services are and how they can benefit your business. In order to understand how these services work, you need to take a look at what happens when a customer places an order online.
When someone finds a product that they want to purchase, they typically go through a secure checkout process. After they enter their payment information and submit the order, the fulfillment process begins.
The fulfillment process usually involves three steps. First, the merchant receives the order from the customer. They then process the order, pulling the appropriate products from shelves in their warehouse or storage unit and packaging them up in boxes for shipping. The final part of the process involves delivering the product to the customer. Usually, this means printing out a shipping label and sending the order on its way to its final destination.
As a merchant, dealing with order fulfillment can be extremely time-consuming. One way to get around this is by using order fulfillment services. In essence, this means hiring a third-party service provider to fulfill orders for you as they come in through your website or through an online marketplace where you do business.
The process usually requires you to send inventory to the fulfillment provider. They then store the inventory at their location for you. When an order comes in, they process it from start to finish, delivering the product to your customers on your behalf. Typically, they charge for their services on a per-package basis, although there are different payment models available.
As long as you factor the cost of fulfillment into the prices that you set for your products, this can be a convenient way to sell goods online. Instead of having to be a slave to your business, you can have another company take care of processing orders and shipping products for you, freeing you up to work on other things.
All in all, using one of these services can be extremely beneficial for your business. It is definitely worth checking out whether or not it is the right option for you. If you decide to go this route, you should compare all of the fulfillment options that are out there so you can find the one that will give you the most bang for your buck.