Business idea · SaaS
Supplier Relationship Management Tool
Supplier Relationship Management Tool is a software platform designed to help dropshippers manage their supplier relationships, including renegotiating margins and tracking inventory. This tool would streamline communication and enhance efficiency in supplier management. It was pitched on The Side Hustle Show in the episode "704: $500k in Sales in 6 Months: A Dropshipping Case Study" (aired October 30, 2025).
At a glance
| Podcast | The Side Hustle Show |
|---|---|
| Hosted by | Nick Loper |
| Episode | 704: $500k in Sales in 6 Months: A Dropshipping Case Study |
| Aired | October 30, 2025 |
| Category | SaaS |
| Real companies on the episode | Dropship Breakthrough, Gusto, Shopify |
The problem it solves
Dropshippers often struggle to keep track of supplier relationships and to negotiate favorable terms, leading to lost revenue opportunities.
How it makes money
Subscription-based SaaS model.
Skills you need
Software development, user experience design, knowledge of e-commerce and supply chain management.
The market, and why this works now
The rise of e-commerce platforms like Shopify has increased the need for dropshippers to efficiently manage supplier relationships. A viable first-revenue move could be to join the r/dropship subreddit to engage directly with potential users and gather feedback. A key risk to consider is the capital required for initial software development and marketing, which may extend the time to profitability.
Our analysis, written after the episode. Not a quote from the show.
Real companies discussed on this episode
- Dropship Breakthrough
Dropship Breakthrough is a platform that helps new dropshippers get started in e-commerce, with courses and guidelines on niche selection, supplier negotiation, and marketing.
- Gusto
Gusto is an online payroll and benefits software designed for small businesses, offering services such as automatic payroll tax filing, direct deposits, health benefits, and more.
- Shopify
Shopify is a commerce platform that enables businesses of all sizes to create an online store and sell products.
Where this idea came from
Podcast: The Side Hustle Show, hosted by Nick Loper
Episode: 704: $500k in Sales in 6 Months: A Dropshipping Case Study
Aired:
Summarized from the episode transcript. The show does not say which speaker raised each idea, so we credit the show, not a person.