Saturday, January 2, 2010

How To Find Legitimate Online Wholesale Companies

Online wholesale companies aren't hard to find, but the trick is to find the ones that are legitimate. You would be surprised at how many companies aren't what they say they are, and you end up getting poor service, shabby products or worst of all ripped off.

That is why it is important to find legitimate wholesale companies you can trust. But the question remains, "how do you know who to trust"? SaleHoo Wholesale Sources has made that easy for you. Their directory lists over 8,000 of the world's best legitimate suppliers for every type of product imaginable. Another reason that SaleHoo is so popular is because they have a 3 tier review system for their suppliers. This allows you to find out what other people's experiences are with each company. With this review system, you can't go wrong with finding a legitimate supplier.

For more SaleHoo information Click Here.

Wholesalers

Wholesalers buy products in bulk straight from the manufacturers. They operate out of large warehouses and can store a lot of products at one time. The wholesalers then sell the products to stores and retailers. They in turn sell the products to the consumer after a markup of the price.

Manufacturers prefer to sell their products directly to wholesalers so that they don't have to deal with distribution. It is a lot easier and more money savvy for them to just sell directly to wholesalers.

Wholesalers will generally sell as many or as few products needed by retailers and have a low or no minimum order requirement. That makes it easy for the small business owner, ebay seller or a retailer just starting out.

Manufacturers

Buying wholesale from manufacturers is another option to find goods at low prices for reselling. Many manufacturing plants sell their products to retailers without involving wholesalers or distributors.

By buying directly from the manufacturer you will be guaranteed to get the best deal and discounts possible. The more money that you can save purchasing your inventory, the more profit you can make on your goods.

Dropshippers

Dropshipping is one of the most popular and profitable methods of selling online. A dropshipping company, which is a wholesale supplier or a manufacturer, ships items that you sell directly to the customer. This makes it very simple for you the seller, as you do not have to stock any inventory, ship products out yourself and you don't have to pay for any items until you sell them. Many ebay sellers and website owners find this to be the easiest way to sell products and make money online.

When you sell an item online, you will get paid by the customer. You then send your cost of the item to the dropshipper along with the customer's name and address. The dropshipping company then sends the item to the customer.

This is one of the easiest ways to make money from your website or ebay business as all of your work can be done right from the computer. No inventory to stock, no packaging items or trips to the post office. All you do is sell the items and the dropshipper takes care of the rest.

Liquidators

Liquidators sell the assets of a company that has gone out of business. Wholesale liquidators will sell off the inventory of the company for a fraction of the market value. When buying items from a liquidation or a closeout, you can be sure to get many top of the line items for next to nothing. This is great for retailers because these items can be bought very cheaply and resold for a nice profit.