How to Find Wholesale Sources for your Product
Written by SaleHoo.com © All Rights Reserved
Any seller serious about creating a long-lasting profitable business
will realize the importance of finding a good wholesale source.
Unfortunately, it isn't the super-quick task most people would
like it to be. Wholesalers aren't exactly squabbling over sellers;
indeed, most don't make any effort at all to attract small to medium
size businesses. Why? Because they are doing just fine selling to
large retail stores with multi-million dollar orders.
So how does anyone find a good wholesaler then? The key is to do
a lot of research. Begin with keyword searches in search engines
using 'wholesale' in front of or after the name of the product you
are looking for. Remember that there is usually more than one way
of referring to a product. While you may be searching for 'throws',
the wholesaler may be listing them as 'blankets', 'covers', and
'home decor blankets'. Or they may even refer to them by the name
of the fabric they are made out of.
Ebay can provide some fabulous wholesale buys also. In fact, there
is an entire category dedicated solely to wholesale lots! Just search
for the product you are looking for with the keyword 'wholesale'
or 'lot' in the search string.
If you still can't find what you are looking for, then try an online
wholesale directory. Directories take a lot of the leg work out
of finding suppliers. Good directories will thoroughly research
all the contacts they recommend, removing the risk that you'll end
up dealing with a fraudster. While directories don't automatically
point you to the best supplier with the lowest prices for your item,
it will give you a starting point.
Another way of finding wholesale suppliers is by contacting the
manufacturer directly for the product you are interested in selling
and asking them who their wholesale distributors are. This is a
slightly scary option (particularly if the manufacturer is in a
non-English speaking country!), but it can be extremely beneficial
in the long term.
If you live in a big city, tradeshows are possibly one of the best
ways to make wholesale contacts. A trade show is where related industries
gather to showcase their products to potential buyers. Trade shows
are not open to the general public, only to other businesses. Not
only can you sample the quality of the product at a trade show,
you can also talk directly to the manufacturer or product creator!
Just make sure you come prepared and don't waste their time with
questions you could have found out by reading the brochure!
Finally, it's important to realize that most wholesalers adjust
the price per unit according to the order of the quantity. For example,
throws might be $10/unit for an order of 15-30, $9/unit for 30-50,
and so on. This means that as a small business, you might not be
able to get the prices you were hoping for at first. It also explains
why eBay powersellers are sometimes able to retail items for prices
below your wholesale price. Once again, this emphasizes the importance
of establishing a niche where there is less competition.
About the Author: SaleHoo is one of the fastest growing product
sourcing portals on the internet. It contains a database of drop
ship, wholesale, closeout and manufacturing suppliers offering thousands
of product suppliers to consumers! Located at http://www.salehoo.com,
visitors are allowed to sign up for unlimited and lifetime access
to the completely searchable database of products and suppliers.
The database is regularly updated, ensuring that the latest retail
products are always available for purchase and SaleHoo carries the
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