Why do baapstore charge a Subscription Fee?
We understand your point here. But there are various reasons why we are charging a fee for our services. I hope this blog post will help you to get a clear picture on why we charge.
Just like any other business, we incur expenses that cost us dearly. As a dropshipping company that provides free portals and tools, we have to cover all part of e-commerce business for you and there would be no compromise on our services or products. It starts from sourcing of the products, products photography, warehouse rentals, storage maintenance, products cataloging, shipping and handling, delivery, staff pays, hosting server costs, software costs, white-label costs, etc., It all costs us significantly.
And apart from the expected expenses, we also incur unpredictable ones that adds more expenses.
0% Profit Model (you read it right- Z.E.R.O percent)
End price is very important in E-commerce business. Pricing is one important factor that help customers decide whether to buy or not.
We do not set a single penny above the wholesale cost. This should give you an ability to sell products at the right price and also more room for a higher profit setting.
Below is a famous advice from Jeff Bezos(Amazon CEO/Founder) for all the entrepreneurs.
''Think about what are the things you know will be true even 10 years from now because if those are stable in time, everything else will change. Your competitive set will change, that technologies that you have available to you will change, but the customer needs — if you find the right ones — will tend to be stable in time and then you can build strategies around them."
We believe that along with products and delivery, cost would still matter for buyers even after decades from now.
On contrary, if we don't charge you a subscription fee and add profit margin on top of the wholesale cost, your sale-ability would become tough which would harm your entire e-commerce business experience. This is not the reason for you to start e-commerce business, right?