Finding A Genuine Wholesaler
If you’re serious about starting an online business then Ebay is your fastest route to achieving this. This is most online businesses first step into the world of online trading. And for good reason. You can get up on running on ebay within an hour. What you need to distinguish though is between selling the odd item on ebay and selling a range of products constantly on a daily basis.
The difference is one is a hobby and the other is a business. A lot of people buy some stock from an auction or other supplier, place it on ebay, sell it then come to a dead stop. Wondering what to sell next. They then spend a few months soucing something else to sell. This is a nice way to earn a little extra cash but it’s not a business. If you want to create a serious business on ebay you need to establish your supply line so you can restock as soon as you see you stock selling. You need a supplier who will be able to resupply you within days.This step comes after you have done all your research and decided what you are selling.
Once you’ve decided what to sell your next goal is to find a supplier who sells the products at a price that enables you to make a profit. Ideally you want to buy direct from the manufacturer as this will guarntee that you get the product at the cheapest prices. Realistically though, as a small trader buying from the manufacturer is not practical. Manufacturers want you to buy in large bulk quantities and will not sell small quantities of items.
As a small trader you need to find a genuine wholesaler. I say genuine because there are a lot of people out there claiming to be wholesalers who are retailers: Type in a search for the products you are interested in in google putting “supplies” or “wholesalers” after the products and see what comes up.
You will get pages of companies claiming to be wholesalers. The question is are they genuine wholesalers or companies buying from the wholesalers and selling the products on at just under retail prices? Your research, if you have done it right, will have come up with the average selling price of the products you want to sell. If the prices from the sites claiming to be wholesalers are too close to the selling prices your research has uncovered then you can safely conclude that they are retailers and not wholesalers.
Most of the companies advertising themselves as wholesalers on the net are really retailers. You need to make sure you get to the genuine wholesaler so you can get the products you want at the cheapest prices possible. The less people between you and the manufacturer the cheaper you will get the products for.
Most genuine wholesalers usually only have a small presence on the web. They don’t usually have online catalogues, some do but many don’t. They usually have hard copy paper catalogues that they send you when you sign up with them. So what’s the best way to ensure you get a genuine wholesaler for your products?
It took me a while to discover the best way to locate genuine wholesalers. Once I did discover the best way it was so simple I can’t believe I didn’t think of it straight away. All you need to do is look at the packaging the product you want to sell is in and get the manufacturer’s name off it. Search for the manufacturer on the net. The manufacturer’s website will have a customer service section or sales department. Simply send them an email explaining you would like to stock their products and can they supply you with details of the wholesalers who stock their products.
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This works every time. The manufacturer will send you a list of the wholesalers who stock their products. You can be assured that these are genuine wholesalers. All you need to do then is contact the wholesaler and apply for an account. Once you are accepted they will send you one of their catalogues. The catalogue will contain lots of other products which you can add to your inventory./p>
Establishing a good secure supply line is one of the major building blocks you need to put in place before launching your business. Spend some time doing this. Ensure you can get the products you want at the price you want. make sure you can get resupplied fast. This is crucial for a genuine business. Without a supply line you can never be a genuine professional business.,/p>
