Posts Tagged wholesaler
As many people are aware, China is one of the world’s leading countries for manufacturing and supplying electronics. It is especially well known for its MP3 players, electronic gadgets, digital cameras, and many small electronic devices. Purchasing wholesale from Asia is very effective because of the ability to manufacture these products a lower cost and in larger quantities. Are you one of the many people in the retail business who has interest in being able to buy wholesale from Asia so you can make better profits? Wholesale contact lists are one of the things people use to find the Chinese suppliers of the products they want to source. You can find a large Chinese supplier’s list on websites like Alibaba and EC21. These are the two best known sites to find these lists.
However, when you visit these sites, you need to use caution. It is important to understand that when you use a wholesale contact list to do business, there is no guarantee to protect you if something should go wrong with the deal. All the wholesale contact list is designed to do is to provide you with the information you need so you can contact suppliers. These lists have nothing to do with any sales that may take place. While this may seem like a very small risk at first, it is important to understand that anyone can make sales through these lists. Due to the fact that there is no screening process to assure the people are legit, problems can easily arise.
As a matter of fact, even when a company appears to be legit, there are many times when it is not. Some of the wholesale suppliers you contact will actually be people acting as if they are a wholesale supplier. They are actually a retailer who are reselling products in a way that will make them a profit. Others you may contact are actually just a scam. They take your money and you have no way of getting any of it back. The problem lies in the fact that there is really no way of knowing who is a legit wholesaler and who is not. Every page is quite similar and many times the people who are running scams will use pictures that lead you to think they own large factories and large work forces.
Is there a way to protect your business when you buy wholesale from Asia? Unfortunately, there is nothing you can do which will completely keep your company safe. There is no way to know for absolute certain that the company you are dealing with is a genuine Chinese wholesale supplier. You can try to order a sample product, but even a scam artist may send you a quality sample in hope that you will order more and they will get more money out of you.
In other words, the best way to keep yourself safe is to simply not buy wholesale from Asia. In the United States you can find a great number of quality wholesale suppliers that can provide you with the products you want at a price lower than you may think.
Recently a centralized wholesale network has been developed which allows you to research wholesale products from thousands of genuine wholesale suppliers. This allows you to get the best features and prices for the products you want to source. Using this service you usually have tho option of drop shipping services, closeouts, liquidations, and overstocks. All of these will help you save money and make a bigger profit. It would be in the best interest of your business if you checked into this option prior to deciding to buy wholesale from Asia.
If you’re looking to cash in some money from the retailing game, then you should know that the best method to do this is to invest into some wholesale products and then resell them to make a profit. The following will help you in your search for sources for your retail products, including tips on how to make the most of your business venture by sourcing wholesale products and then reselling them to consumers.
1. Market Research
Conducting the proper market research is incredibly crucial for your success when you’re selling wholesale items. Many people enter the market with a blinkered approach and then they end up finding that their product doesn’t have the demand they thought it did. When you begin to purchase wholesale products, it’s important that you choose from a number of products and test out the waters in the market to see how well they sell, and the prices that your products are more likely to sell. Try choosing products from the various categories available to you, this way you will be able to better decide what you should focus your business on.
2. Learn to Negotiate
Once you build up a relationship with your wholesale supplier, you will be able to negotiate with them the deal that you are getting. This means that you’ll be able to negotiate a lower price than you’re already getting by showing your supplier that you’re both an honest and trustworthy customer. Over time, this could make the difference in your success.
3. Make sure yo know who you are dealing with
Before you make any transactions with a wholesale supplier, verify that they are legit suppliers. Meaning, that you should check up on their location and phone number, you should also ring them up to ask them a couple of questions. Many people people end up getting scammed while trying to source wholesale products from legit looking wholesale contact lists only to end up finding out that they the suppliers are fake, and they end up losing lots of money. Make sure that you avoid at all costs any sort of wholesaler that involves oversea transactions through wire transfer.
4. How to Profit from Selling Wholesale Products
Once you start to purchase wholesale products, the next step is making sure that you find the best place on the market to sell your products. For most sellers, the easiest way to do this is setting up their store through eBay. One of the advantages to selling your products on eBay is that there is no marketing required since potential customers are constantly looking for products on eBay. Once you get your sources for your retail, eBay will turn out to be your best bet for sales.
5. Consider Drop Shipping
If you are an online retailer, using a drop shipping service is something you should consider since it could streamline your business and greatly reduce costs. There are a number of online sellers which take advantage of drop shipping agreements so that they can avoid storage space of the products that they’re selling as well as to avoid packaging and shipping which in the long run can save a great deal of time and money. Another thing about drop shipping is that money is not required up front to purchase wholesale products, the convenience of drop shipping is that you don’t need to pay a single cent until a sale is made.
Are you, as are a lot of other people, looking for Chinese wholesale suppliers you can trust? Because of the sheer numbers of people searching for light bulk wholesale suppliers, many of them are now considering Chinese wholesalers as a possible answer to their quest. However there are a few things to consider about doing business with another country, and it’s wise to be aware of them before you began purchasing directly from China.
There is a false belief that anything coming from a legitimate Chinese wholesale supplier will cost a lot less and be ideal products to sell in this country. Well, that doesn’t happen to be true. Actually, when you start to add up the cost of postage, along with the time frame, you’ll find it’s often costing more to purchase products from China than it would locally. We’ll take a look at an example of this. If there were 5 products you purchased from a normal wholesaler, they would probably run you about $10 a piece, but if you bought them from a legitimate Chinese wholesale supplier you might be looking at a cost of five to six dollars, which is a big difference until you factor in the postage charges. You might remember that postage is based on weight, and the if the products you are buying are rather heavy or bulky, you might be paying over the odds for the products you are buying.
Another thing to consider when you’re working with someone you think is a legitimate Chinese wholesale supplier is the fact they may NOT be legitimate. A good many of them are willing to sell duplicated or poor quality imitations of whatever items you are interested in buying.
Truth be known - it’s actually safer, when you’re looking for light bulk wholesale products, to find suppliers that are already established in this country. There are lots of wholesale suppliers who can provide you with closeout stock or liquidations they have that are inexpensive for you to buy, yet you will be able to turn a decent profit when you sell them. One of the high points about dealing with local suppliers is the fact you aren’t involved in paying import fees for any of the products and you can rest assured that whatever you are sourcing for resale will be a genuine article.
Another good point is the ability to check out the dropshippers yourself. If you’re not sure exactly what dropshipper is, let me explain. A dropshipper is defined as the business that will be shipping whatever item any customer purchases from your business/store directly from the wholesaler’s location to your customer. You don’t even have to pay for any items until the sale has been made, so if you don’t have the room, time, or money to stock all the items you’re selling, this becomes a great way to sell products.
It doesn’t matter if you are running your business offline or online, there’s a whole bunch of ways for you to sell the products you’ve bought through light bulk wholesalers. If you are thinking of selling online, an example would be trying out an eBay business, or building your own website and then people could purchase your products directly from you. Also, don’t be thinking that buying from a legitimate Chinese wholesale is your only option for doing business, because you’ve already learned it could end up costing you more money and time than it would be worth. Take the time to look around and see what’s available to you locally before you become involved in the potential headaches of dealing with overseas wholesale suppliers.
Have you considered or even realized the gold mine to be had in sourcing and selling women’s handbags? Manage to find those bags through a wholesaler and buy in bulk and you might have the key to padding your profits and promoting your financial outlook.
But before you understand how selling handbags could be the key to your financial security, first know how the sourcing and wholesale process works.
Buying mechandise at wholesale prices means you are buying the product at the lowest possible cost. Manufacturer won’t deal directly with retailers and you cannot get a better deal than a wholesaler through any retailer’s clearance sale; it’s that simple. If you want to best your competition and make money, you must find and use a wholesale supplier; that is how all large retailers get merchandise. And selling women’s handbags can be especially lucrative because women often buy several handbags to accent different outfits. And that’s only one example; women buy new bags for the holidays, to replace worn bags or for a reward. Because handbags consistently sell, you can ensure repeat business and positive word of mouth if you provide quality bags at low prices and offer outstanding customer service. But unless you know where to start, sourcing handbags can be tough to maneuver; many online resellers claim to be wholesale handbag suppliers but will likely leave your hanging or with less profit in your pocket.
The best way to buy legitimate wholesale products at wholesale prices is to find a large supplier that carries several different items. That is the only way to ensure you are dealing with a legitimate company that won’t take advantage of you.
And by dealing with a large wholesale supplier, you also will know that you are getting the lowest possible price for the bulk buys you make. Large wholesale suppliers can negotiate a better price with the manufacturer, and that savings will translate to you.
Naturally, the less you spend upfront, the money profit you can realize in the end. Large wholesale suppliers will give you access to liquidations, overstocks and closeouts - another way to pay rock-bottom prices for the merchandise you will resell.
Investigate the options available to you in starting an online handbag retail business and begin to realize getter financial security.
Any woman, along with anyone who knows a woman well, will tell you how much women love to have handbags for every occasion. This is the primary reason buying bulk handbags at wholesale prices is a wonderful idea for any growing retail business. It doesn’t matter if you are planning on selling online, in catalogs, at flea markets, or in a land based store, bulk handbags will be very beneficial for attracting customers. You have many options to choose from if you decide to sell bulk handbags.
However, the number one thing you always have to keep in mind, to make a good, consistent profit, you must source your bulk handbags at wholesale prices. There are some people who believe they can run a business by simply searching retail stores and buying sale items to sell online to their customers. However, most online shoppers will look around for the best possible price, and can easily find a better price of a wholesale item. Plus, by relying on retail stores, instead of getting your bulk handbags from a wholesale supplier, you are losing out on tons of profits.
Bulk handbags are an ideal item to begin your business with, due to the fact that every women desires numerous handbags for a variety of occasions. With this in mind, being able to sell your wholesale bulk handbags at a wonderful price, will bring customers back each time they are looking for a new handbag for a different occasion. You will never believe how many handbags women actually have and buy, when you are considering selling bulk handbags. They tend to buy a different bag for work, for the races, for the beach, for a dance, for a gala ball, for shopping, for church, etc. The list goes on and on.
In order to achieve better profits and/or better prices, you want to find out if your bulk handbags wholesale supplier offers closeouts, overstocks, or liquidations. You can gain these better profits or be able to offer your customers better prices if you are able to source your wholesale products in this manner. These strategies can work wonders for your business, because the bulk handbags gotten from closeouts, overstocks and liquidations are not damaged in any way. They simply went unsold by the original retailer.
If you are planning on selling your bulk handbags from a home based business, you will want to find out if your wholesale supplier offers drop shipping services. This allows you to avoid the need to keep inventory and stock. Instead, your wholesale supplier keeps all items until you have made a sale and let the wholesaler know.
The way this works is: first, your customer orders a handbag; second, you place the order with your wholesale supplier; then, finally, the wholesale supplier will drop ship the handbag straight to your customer. Your profit is the difference between the price you sold the item for and the wholesale purchase price. If you are limited on the time you can put into shipping, limited on resources, or don’t have enough space to store stock, this is a great option, because the wholesale supplier takes care of everything, except the actual sale of the item.
Have you previously sold items on eBay, or been thinking about starting your own business selling on eBay? If so, your first questions will probably be what types of items are appropriate for reselling on eBay, and where to source those items.
First, let’s take a look at the types of items that are popular to resell on eBay. It’s important to note that eBay offers some wonderful resources for individuals wishing to begin selling on eBay, with some tips and ideas about the types of things that are hot sellers. Take a look at eBay pulse. Here you will find the most sought after items, broken down into categories, so that you will be able to get an idea of popular searches.
Based on this research, you may find it useful to contact a wholesale supplier who can provide you with these in demand items. There are other resources to investigate as well, such as closeouts, overstocks, and liquidations, where you will, many times, find the products you are looking for, at even better prices than you will get purchasing them at wholesale cost.
Let’s now imagine that you have done your research, and have learned that kitchen appliances are among the in demand items to resell on eBay. Upon investigation, you find that there are a huge variety of kitchen appliances available through your wholesale supplier. Your next step is to find out what your cost will be on this item. Now you can do a comparison between what you will be paying to purchase the item, and the price that the item is selling for on eBay. When searching through the eBay item, be sure to find the closest possible match to the item you wish to sell, so that you can accurately determine to amount of markup you should place on the item, and how much net profit your sale will generate.
Does it seem that the particular item that you were considering is not generating an adequate profit for other eBay sellers? Then your best option is to select another item from the wholesale dealer’s inventory. Generally, there will be vast amounts of items to choose from through your wholesale resource, so you needn’t be concerned if your first item of choice is not an appropriate resale item for your eBay business.
If you are able to find a wholesale vendor that uses drop shipping, your options for things to resell on eBay can be much greater. Utilizing drop shipping, allows you to have the wholesale dealer deliver the item directly to the customer, after you have completed the sales transaction. This is an excellent alternative, especially if you are selling pricey items, as your payment is due to the wholesaler only after the sale has been completed.
Selling oversize items is also made much easier for eBay sellers, when the drop ship option is utilized. Another benefit to doing business this way is that you have no need to store the items that you are listing for sale, as your wholesale dealer does this for you. The potential for savings on your shipping cost, means that you can maximize your profits from your eBay business.
Have you considered the benefits of e-business for wholesale sourcing products for your retail business? If you haven’t checked into this area yet to see how easy it can be to conduct your business electronically, then let’s do some in depth examination of the actual benefits to be gained by using e-business for wholesale sourcing and supply.
As more people gravitate toward doing business electronically, the first thing you’ll notice is how much easier it is to stay connected with customers and suppliers. You will soon be wanting to be utilizing the many time-cost saving benefits the internet provides for you, your customers, your suppliers, and even your staff, as much as you can. As a customer you may have already noticed that many wholesale suppliers and drop shippers have seen the potential for their business and have systems in place to take full advantage of the available communication method that lets them display current catalogs on line and make sure customers are aware of new product lines being introduced. One of the major benefits of e-business for wholesale sourcing is no longer having to wait for notification after you place your order to know when or if your order will be filled and then shipped out. No longer dealing with the usual paper trail that was required, the entire process is streamline and instantaneous because of the internet.
One great benefit of business via the internet is the opportunity to create a drop shipping agreement with your wholesale supplier, and then he would be handling packing and shipping requirements as needed on your behalf. What this means for you is whether you have a business location, small store, or you are running a home business, you no longer require your location to have a large stock room, stocking area, or even a separate large storage space .
A change like this can always have some impact on the way you are currently doing business, so take some issues into consideration before making a change to your operation.
You should be aware of the importance of your return policy wording on your site if you will be using a wholesale drop ship service. This is not saying you won’t accept returns, but you need to to make sure the policy you create for your business is in line with your supplier’s policies as well.
Building a return policy for my site would be easy as I would simply make sure to reflect the same policy rules as my supplier. Most wholesale suppliers have their return policy clearly displayed on their website, so it will be easy to make sure return policies match. Adjustment are allowed, if necessary, or you may use exactly the same terms and conditions.
You will find any potential problems are greatly outweighed by the benefits of e-business for wholesale. You will quickly see the time and money saved, the ease of doing business this way, and the many business benefits to come your way after sourcing and ordering your products as an e-business for wholesale.
The latest trend found on online auctions is to sell goods that customers have returned for whatever reason, and that can be bought inexpensively from liquidation merchants. Stores will sell the goods that customers have returned and are no longer wanted by the store to
The few wholesalers that do have contracts with Costco to purchase Costco returns have the ability to sell below most other wholesale price. Costco sells their returns at extremely low prices to those who purchase them.
If you want to start your own online auction business selling customer returns, you will probably be able to make the most profit if you can find a Costco customer returns wholesaler to purchase your pallets from.
You can then sell the goods that you have purchased either in groups on the online auctions or you may choose to sell them individually in hopes of making and even higher profit. Don’t be too concerned about how well the goods will sell either, because many people are interested in purchasing the goods since it will save them a ton of money
Most of the people that shop on online auctions such as eBay, are trying to find great deals on products they don’t want to pay retail prices for. As a result when you put your products on Ebay you don’t have to work as hard to advertise your products because many people know that eBay is the cheapest place to find different products. The only thing you will need to be able to do is take of find great pictures, and write a good description of the products that you are selling in order for people to be interested in your products.
If you are uncomfortable with using online auctions, you might prefer to sell your merchandise in places such as Craigslist, or in other classifieds locations. This might be an especially productive way to sell any goods that you have that are damaged, since many people will scour the ads for things that might be damaged that they can get cheap and fix or use in other ways.
Many of the people who sell wholesale goods try to steer clear of customer return goods in fear that very little of the goods themselves will be any good to resell. This is not the case, however, because most of the merchandise will be in pretty decent condition at the very least, but some will be damaged. A good example of something that might be slightly damaged but easily resold would be shirt that is missing a button, since there are many people who know how to sew buttons, it is very likely that this shirt would sell easily and quickly. If you yourself are handy with thread and needle, you might just opt to fix the shirt yourself and be able to sell the shirt as practically new.
No matter what you plan to sell, the most important thing that you can do is find a trustworthy wholesaler to purchase your merchandise from and success will be limited only by the effort you put into selling your products.