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Salehoo Is It Worth It? Is It Worth JoiningSalehoo

Item ID#:1758083Location:
Unlisted
Seller ID#:538698 Views:
31493
Price:$UnspecifiedExpires:expired

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Salehoo Is It Worth The Money? Is It Worth Joining Salehoo? Here's My Salehoo Review!The answer to that question is a resounding yes!where else can you start a highly profitable proven dropshipping company for such a low fee? Get a special startup offer through this link [please contact me for website address] Salehoo Is It Worth Joining? Reviews?

Debunking the Myths of Wholesale Buying

Written by Salehoo.com 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 [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 Today For Our Special Startup Offer



Expanding Your Online Business By Building a Website

Written by Salehoo.com All Rights Reserved

As business grows, it can be a good idea to support your eBay sales with a website.

The first step is building a web presence outside of eBay by creating your own website. Building
a website is not a difficult task. These days you don't necessarily need the know-how to
do it all yourself - there are plenty of people who will do it for you. Turnkey stores
are an option, or you can have a designer create the basic design for a website and then purchase
shopping cart software separately.

Either way, you need to think carefully about branding at this point. Branding is recognizable
design features that are carried across your entire business from product to business cards,
to your website and brochures.

A brand helps your customers associate your products with an over-riding concept and identify
them as part of their lifestyle. For example, some brands are associated with natural and organic
concepts while others are associated with fine quality or a particular lifestyle. When establishing
your online business, take care to make sure the branding you have already established on eBay
remains consistent across your new website.

There are thousands of stores on the web, so to be successful, you'll need to do something
to make people visit your site and stay there for longer. One of the most effective ways of doing
this is by providing people with information about your products. For example, if you sell small
kitchen appliances, why not add articles to your site on how to use each appliance, tasty recipes
to make with each, how to fix problems, and so on? Not only are you giving your users a reason
to come back to your site, you are also increasing your chances of being placed in the top search
results for keyword searches relating to the items you sell. Search engines give higher priority
to good quality, unique information, so this is an effective way of keeping rankings high and
getting traffic from organic search results.

Another way of getting more traffic to your site is by carrying out link exchanges. Just remember
to limit yourself to related sites, otherwise you may find that you end up with a lower rather
than higher search engine ranking! Linking to sites not related to the content on your site can
actually give you a lower search engine ranking, so stay away from sites that offer hundreds
of links for a fixed price. The best idea is to link to other sites that relate to what you are
selling. For instance, keeping with the appliance example above, a site such as this could exchange
links with sites selling china, cutlery, linen or recipes.

Finally, you can drive traffic to your site through advertising. Your ebay listings are one
way of advertising if you add your site URL to your About Me page. Google Adwords is another
very effective way of getting traffic to your site. A targeted campaign can do wonders for your
website.

Done well, a website should increase overall sales, increase traffic to your eBay listings,
and increase your reputation as an expert in your area.





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 Today For Our Special Startup Offer

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9/4/2015 12:58:26 AM UTC