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American Dropshippers Directory

Item ID#:1714926Location:
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Seller ID#:538698 Views:
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Price:$UnspecifiedExpires:expired

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American Dropshippers Directory Catching the Crooks: Is Your Wholesaler Dodgy or Legitimate?

American Dropshippers Directory Click Here!
Written by Salehooİ All Rights Reserved

Fleeced, ripped-off, cheated, conned. We're all afraid of losing money
to wholesalers who turn out not to be the real deal. The horror stories can
certainly be very off putting - especially to those just getting started. The
trick is to spot it and stop it before it's too late!

So what are signs that you're dealing with a crook?

In our experience, there are 6 particular indications that you may not be dealing with a legitimate
wholesaler:

The wholesaler doesn't sound business-like or professional when answering the phone. For
example, he will answer with a plain 'Yes?' or 'Hello?', without
identifying himself or the business name.The wholesaler doesn't request your business license or sales tax ID during the initial
contacts. Most true wholesalers will require one of these. While this is not a hugely important
deal, if you are looking at dealing in large amounts you will need to get registered and
should check that the wholesaler is registered as well.The wholesaler gets shifty when you request a product sample. Most wholesaler are only
to happy to offer a sample of their product (usually at a higher price) so if they do not
offer this be careful and question their reasons for not offering one.The wholesaler's claims to take a secure form of payment (credit card, Paypal etc...)
but later turns around and says they only accept wire transfer or western union. Not all
wholesalers that take western union and wire transfer are scammers, but this is the most
common way scammers operate and you should always steer on the side of caution if you are
asked to pay be these methods when not having dealt with or knowing the person first.Their website offers no physical address or contact phone for you to get hold of them.
Be blunt, ask them for a contact address and phone number and if it is ok if you come in
and have a look around their offices. If they are serious this will be no problem at all
for them.They claim they don't currently have stock in and still expect you to pay up front.
If this has been happening make sure you get some photographic evidence of their stock with
the days newspaper or something (while this doesn't always work, it means some one
must have stock that they know

Although these are not hard and fast rules, you should certainly proceed with caution if one
or more of the above apply to a new wholesale contact you have made. If
you have any tips to add or past experiences then we'd love to hear from you. Your experience
is valuable to the Salehoo
community and I'm sure others would appreciate your comments.





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 [please contact me for website address]
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 BBB Reliability
Seal!Join Salehoo's American Dropshippers Directory Below!! American Dropshippers Directory Click Here!
Debunking the Myths of Wholesale Buying

Written by Salehoo.comİ All Rights Reserved

Buying and selling wholesale goods is frequently viewed as a sort of 'get rich quick' scheme,
where sellers can make enormous profits from very little investment or work. Three months after
they started, people just don't understand why things haven't gone according to plan! There
are four myths in particular that seem to lead would-be sellers astray time and time again.

Myth #1: Ebay is the best place to sell your wholesale goods.

Now this is a particularly popular one. As the world's biggest marketplace, eBay has
made its fair share of millionaires. What you don't hear about so commonly, is all
the people who struggle to make a profit from eBay because 100 other people are selling the exact
same products - for more competitive prices.

This is not a new situation. Supermarkets and large discount stores often run at a loss on
some items in order to attract more customers. For small or new sellers, this is a deadly
scenario.

The fact is, eBay is simply too competitive in some categories. Electronics, jewelry, designer
clothing and computer games are all dangerous territory for the new seller. You won't
stand a chance against established sellers who've already got a strong following and highly
competitive prices.

So what should you do? If your product falls into these or any other highly competitive
category, I recommend shifting your focus to less competitive markets such as selling through
classified newspapers in your local area.

While you won't be reaching audiences of the size that online auctions sites such as eBay
provide, buyers that use these alternative mediums to purchase goods are 9 out of 10 times more
likely to pay significantly more for products. Not only will your margins can be much higher,
you'll also have far less competition to deal with.

It's also a good idea to try using eBay international sites such as
[please contact me for website address] or [please contact me for website address]
as well as other auction sites with less competition such as [please contact me for website address]
and [please contact me for website address] I find that these sites give consistently higher margins
compared to eBay US, and the number of buyers is still very high.

One advantage of eBay US however, is that the huge amount of competition makes it a brilliant
place to pick up cheap as dirt goods to sell elsewhere! It's not uncommon to find
best prices on eBay.

Myth #2: You can find all your wholesale sources online.

The Internet provides easy access to a great many wholesalers these days, and it's a quick
way of making initial contacts. However, it certainly doesn't provide access to all
wholesalers. If you're serious about finding the best wholesale prices for your products,
then it pays to check out other sources as well.

Try looking through trade magazines such as Closeout News and Wholesale Merchandise, to name
just a few. With less people vying for stock, there's a good chance you'll find some
exceedingly good prices tucked away in the corners!

And another thing, in my experience, building up personal relationships with sellers is absolutely
essential for getting the best priced goods. So whether you've found your supplier online
or in a magazine, make a phone call, start up an email exchange, or have regular chats on MSN
and get to know them.

The time you spend building a relationship will not only mean you're in a stronger position
to get better prices, but, because you know your supplier, you'll be more confident that
things will go smoothly when you finally do place your order.

Myth #3: Pricing research is unnecessary and takes up too much valuable time.

Whenever I mention this one, people always chorus:'But of course we know research is important!'
Well why don't you spend more time doing it then?

The amount of people that pass over pricing research constantly amazes me. Everyone always agrees
that it is important to research prices, but when it comes down to it, they seem to think that
they just 'know' how much items cost wholesale, and how much profit they are likely
to make later.

But how can they just 'know'? This is not information we're given at
birth!(Or perhaps I'm just unlucky!) Prices are constantly in flux, and carrying
out some decent (and yes, time-consuming) research is essential to a successful business for
two important reasons:

1. Firstly, it's important to get a good idea of the average resale price for your item
before you get started. For a number of popular items (DVDs, electronics and computer games
in particular), the profit margins tend to be very low. Despite this, many sellers just
see the popularity of the item and dive in head first. Overly-saturated markets just mean a hell
of a lot of work for very little in return. Throw big, established sellers into the mix
and it's almost impossible to compete. But you won't know this until you research
it first! So visit auction sites, read classified ads and any material you can get your hands
on until you have a good idea of exactly what you're going to get.

2. The second reason for research is that your preconceptions of value may be completely wrong. People
have a tendency to believe that 'wholesale' automatically means a fifth of the retail
price. This is usually totally out of line! Some sellers have emailed me in shock when
they realize that they actually have to spend a significant amount of money on their wholesale
stock. 'I always thought that purchasing a container of wholesale plasma TVs would only
require a few hundred dollars investment, but it looks more like several thousand,' wailed
one seller recently, 'Am I looking in the wrong place?' Well, I'm sorry to
shatter your hopes and dreams, but buying wholesale doesn't always mean huge profits for
very little investment. For some items, such a scenario is possible - but only if
you do the research!

Myth #4: Niche items can be bought from individual wholesalers.

Finding a niche item that no-one else is supplying at a competitive rate is every sellers dream. However,
if you think you're going to be able to find a wholesaler supplier for the item by doing
a quick Internet search for 'Left-handed Guitar necks' then you couldn't be more wrong.

Niche products are hard to find precisely because they aren't wanted by absolutely everybody. Thus,
finding a supplier will take quite a bit of work on your behalf as these items usually can't
be purchased from individual wholesalers. Instead, you'll have to contact large wholesalers,
or even contact the manufacturer directly.

It'll be a lot harder than you think, but if you've done your market research effectively
and you take the time to find a good supplier, then your hard work will pay off.





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 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 BBB Reliability
Seal!Join Salehoo's American Dropshippers Directory Below!! American Dropshippers Directory Click Here!
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9/2/2015 3:45:07 PM UTC