If you are asking this question, you might be new to selling wholesale dropship products, or you have not sold products in large volume. We often hear from people who have struggled for years selling products online. 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 items that you sell in your own warehouse, such as with dropship products, then what you are really selling is the product information to your customer and the sales and service you provide. Without accurate and high quality product information presented on your site, you do not have anything to offer your clients. The accuracy of the data on your site becomes part of your brand image.
Also, dropship suppliers can change their 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. 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 or new products that are added to their catalogs. This gives you the traffic when people search for this product. Let all of the other resellers try to succeed with less accurate information or spend hours every day updating price and quantity lists while you promote your site and process your orders.
Quantity and status updates are needed because there are few things that 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 marketplaces 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 this field and can do this for you with the automation service or give you the daily details in a file download service.