We're all here to make money!
Including YOU!
The problem is finding reliable wholesalers who will sell to a home-based internet business, which is not usually an easy task. Online it's nearly impossible.
And, Then you have the task of figuring out what products seem to be selling well,
which products that have seen better days for sales and what your competitors
are buying now. A daunting task for any new retailer!
If you are serious about setting up an online store or selling on Ebay, then you need to know how to buy wholesale products and which ones can give you a good margin to make a profit.
Before you pull out your credit card to buy any
wholesale merchandise, visit local retail stores
or browse online stores selling products that will be
similar to what you plan to sell.
Browse through the store's selection, especially pay
attention to those items that are on sale or
being offered at discount. This will give you an idea of
what to carry in your own store.
Finding REAL Wholesalers & Drop Shippers
Most manufacturers don't usually advertise to small businesses because they are
doing well financially selling to large chains, wholesalers and distributors.
This means unless you use a wholesale sourcing guide
that is updated often, works with verified
manufacturers and wholesale suppliers you could waste your
time trying to go it alone.
You can spend days and even weeks doing research to track
down any suppliers willing to work
with a small business.
Choosing a Wholesaler
Once you find a few suppliers of the products you want to sell, estimate each wholesalers value to your business. Evaluate them on merchandise selection, quality of products,
reliabilty of delivery and drop ship capability if this is important to you.
Most of this information can be gathered from other merchants who use the vendor,
their Ebay feedback rating if you're going to focus in
this area and by simply speaking with the wholesalers sales representative to determine if this
is a company you want to do business with.
Ignorance of basic customer service is an indicator to you of how it will
be after they have your money,
choose wisely.
The reality is that many brands allow wholesalers to handle distribution to retailers. However, they often establish the policies that wholesalers must follow before offering their products to retailers.
Whether you sign up with
World Wide Brands or someone else, it's critical for your business success to have a reliable product sourcing guide to find those wholesalers who work with home-based and smaller retailers.