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Welcome to SaleHoo (New members Click Here)

Jimmy Huber · 2008-04-14T02:28:26+00:00

I want to go over many things with new members and teach you a little about the marketplaces in which you are trying to get into. We are going to go over many myths that many new sellers come here believing Myth #1 Wholesale Is 50% or more Below Wholesale Pricing. This is one of the biggest myths that many people believe. In reality. Wholesale is only 10% to 15% Below Retail Pricing. This can be much lower if your looking for wholesale electronics. So consider this when searching for a wholesaler. Myth #2 Designer Goods are the best thing to sell on eBay. Another myth that is widely exaggerated. In reality designer goods are the hardest product to acquire. If your lucky you can acquire authentic goods. But you will not sell them for massive profits like you may believe. Designer goods are very high risk especially for new sellers. 95% of suppliers online sell Very convincing Fakes. In many cases even the supplier has no idea they are fake. Myth #3 The best authentic goods come from China Absolutely. Alot of these goods are made in china. However chineese manufacturers are not authorized to sell these goods. If a chineese supplier has enough material to make 300,000 pairs of shoes. And NIKE GLOBAL only orders 250,000 Pairs. These manufacturers make the remaining shoes and sell them on basically a black market. Small chineese sellers that will sell them to you. These are not officially licensed by NIKE and are considered Fakes. You can get into alot of trouble selling these shoes. This is the situation with all Designer manufacturers. They cannot curb this problem but they still have their goods made in chineese factories because the labor for them is unbelievably cheap. Myth #4 Electronics is the best and most profitable field to get into on eBay Absolutely not. Electronics are the worse possible items to sell. Yes they are popular sellers. But not the most profitable for the sellers. Most of your sellers that are titanium powersellers make money on sheer volume. Not per unit. Most sellers only make a few dollars profit on each item. There are DVD sellers that make more money then a electronics seller. And DVDs are hardly profitable on eBay for a new seller. Myth #5 eBay is the best marketplace to sell my goods This has quickly become untrue. eBay is only a place to get rid of your stuff fast. But not without a loss of value on the item. Everything on eBay sells for below wholesale or way below wholesale. This has a lot to do with recent seller strikes. Changes to eBay's system that have made sellers and buyers leave in masses. And the fact that everyone buying on eBay expects to get everything for dirt cheap prices. And that many good products are flooded so bad on ebay the value of the item has died. It is still a great place to sell if you do your research. Other very popular sites are: Link hidden: Login to view Link hidden: Login to view Link hidden: Login to view Link hidden: Login to view Link hidden: Login to view Link hidden: Login to view Generally you can make more money on other sites then you can on ebay. Ebay still only gets 3% of the online shopping marketplace. Thats a big percentage to have but still you can do better then ebay. Dont let anyone make you think any different. Myth #6 paypal is the best payment processing service for US sellers Actually paypal is the largest but its far from the best. Paypal is geared more for buyers then sellers. Expect poor seller support. Never winning a dispute with a buyer and them letting every chargeback go through at your cost. Paypal also has the worst customer service department and many of their staff are trained to lie, and do anything they can to delay your requests. They are also the only company that has a proven track record of freezing your account and stealing your money. You can visit Link hidden: Login to view for more info on this. One of the best alternatives is Using First Data Merchant Services Link hidden: Login to view . It takes about 24 hours to setup. And you can use your own bank account. You can accept credit cards, fight charge backs yourself.And basically manage every financial aspect of your business without worrying about a frozen account or the high fees paypal charges. -------------------------------------------------------------------------------------------- Well that ends the most common myths of selling online. We just wanted to educate you a little before your quest begins. We recommend that many of you consider buying in bulk. Yes it costs some money. And we know that many of you have little startup money. But we would suggest you save up your money and buy in bulk then try to jump into something now and loose that money on products that offer no big potential but high risk. Buying in bulk and buying into liquidations is the most profitable area you can get into online. Dont fall for the dropshipping schemes you will find all over the internet. Most of them just arent worth it. Some make money on dropshipping but the majority end up loosing a huge amount of money. Liquidations is a 480 BILLION DOLLAR A YEAR INDUSTRY. Many people make a good living buying liquidated merchandise and reselling it. Alot are millionares after doing this for several years, being smart and making proper business decisions. This is exactly how I started myself and now I run a company that buys and sells truckloads of liquidated merchandise. I would recommend you review and read all of the stickies and Announcements on the forums as they will teach you alot. So once again we welcome you to salehoo and we cannot stress enough. If you have a question. We are a community of sellers. We are not just here to help ourselves and we are here to help others. We are a family here and we will do what we can to help each other. You will find out that the forums alone are worth the price you paid for membership. So dont be afraid to ask us for help with any situation that may arise.

regalatlo

Hola soy nuevo aquÃ, y me gustarÃa saber como conseguir algÃºn Listado de Proveedores EspaÃ±oles? Necesitaria Regalos en general, ropa de niÃ± @ de 0 Hasta 12 AÃ±os, Proveedores de Telas, de perfumes y / o colonias, y cosmeticos. Gracias

irene_salehoo

Hola soy nuevo aquÃ, y me gustarÃa saber como conseguir algÃºn Listado de Proveedores EspaÃ±oles? Necesitaria Regalos en general, ropa de niÃ± @ de 0 Hasta 12 AÃ±os, Proveedores de Telas, de perfumes y / o colonias, y cosmeticos. Gracias

Bienvenido a SaleHoo, regalatlo! Voy a recopilar una lista de proveedores para usted, voy a elegir aquellos que pueden enviar a nivel internacional, a EspaÃ±a. EstarÃ© de vuelta pronto!

irene_salehoo

Hi regalatlo,

Try the following suppliers. I filtered my search to those that can send internationally -

children clothing

Link hidden: Login to view

cosmetics and perfumes

Link hidden: Login to view

Let us know if you need further help. :)

willowsmum

Hello all =)

My name is Renee, I am from Australia and im a single mum of one adorable little girl. I have decided that i would love to start my own business from home of buying and selling handbags and wallets etc. i would love to sell in a party plan eventually once i have enough money behind me and good trustworthy authentic suppliers. at the moment i am just starting to by bulk lots of hot items that sell on internet shopping sites so i can make a profit and save for the good stuff. hopefully all goes to plan and within a couple of years i will have a fully functioning business of my own for my daughter and I.

This site is great.. but has so much on it.. does anyone have any ideas of where to start??

Renee =)

irene_salehoo

Hi WillowsMum,

Welcome to SaleHoo!

The first thing we suggest you do is decide what type of products you want to sell. Generally it's best to start selling something you are interested in because you are going to be spending a LOT of time thinking about it! Do you love fashion or movies? Perhaps you feel excited about the thought of new gadgets and technology? It's likely that there are plenty of other people who also share your interest - giving you an instant audience for your product. One idea is to jot down your interests and then make a list of products that are related to these interests (we recommend staying away from electronics to begin with as warranty issues can be complicated to manage).

Once you've thought of a couple of ideas, it's time to start researching suppliers. This is where SaleHoo comes in. Use the search box to look for the product(s) you want to sell. When you've found some suppliers who fit the bill, send them an email asking what the best possible price is that they can give you for the products you wish to buy. We can also assist you in looking for suppliers - just send us a message at support@salehoo.com or start a new thread here at the forum, or click on our profile names to send us private messages. :)

Click on 'Education' and read loads of very useful information to help you. :) And don't forget to download the PDF guides exclusive to SaleHoo members Link hidden: Login to view especially the #6 SaleHoo New User Manual :)

All the best!

martinvdm

Good Day All,

My name is Martin from Johannesburg South Africa, i am an importer of all photographic equipmnet and i would appreciate some assistance on the following list:

Digital Cameras

Point & Shoot Cameras

DSLR Cameras

Mirrorless System Cameras

Film Cameras

SLR & TLR Film Cameras

Rangefinder (35mm) Cameras

Medium Format Cameras

Lenses

SLR Camera Lenses

Rangefinder Camera Lenses

Filters & Lens Accessories

Memory Cards, Film, & Presentation

Memory Cards

35mm Film

Digital Picture Frames

Batteries & Power

On Camera Batteries

AC/DC Adapters & Chargers

Flashes

Flash Accessories

Carrying & Support

Camera Bags

Pouches

Tripods & Support

Printers & Scanners

Inkjet Printers

Flatbed Scanners

Printer/Scanner Accessories

Underwater Equipment

Underwater Cameras & Housings

Strobes

Lenses, Ports & Accessories

Darkroom

Enlargers

Safelight & Darkroom Setup

Lighting & Studio

Continuous Lighting

Strobe Lighting

Theatrical & Stage Lighting

General Accessories

Accessory Kits

Remote Controls

Photo & Imaging Software

Kind Regards

richelle_salehoo1

Hi Martin,

Great to have another member from South Africa - Welcome!!!

Would be happy to help, i would just like to know if you are looking for wholesale or dropship suppliers or both?

And if you have other supplier requirements so we can start searching suitable ones for you.

Talk to you soon :)

kamikongsi

hello .. i a new member...

irene_salehoo

hello .. i a new member...

Glad to have you with us, kamikongsi! :) Don't forget to download the SaleHoo New User Manual from Link hidden: Login to view as well as the other guides exclusive to SaleHoo members.

Should you need any help, you may create a thread here at the forum, or you may send us a message at support@salehoo.com :)

Take care!

richelle_salehoo1

hello .. i a new member...

A warm welcome to you, kamikongsi :)

Please feel free to have a look around the forums and the Education area. Hope to see more of you on the forum.

Cheers!

geppetto01

buenas, soy nuevo en esto del dropsipping , y busco dropsippers en espaÃ±a, ya tengo uno, pero me gustaria alguno mas, pues este es solo de electronica y quiero ampliar mis productos a la venda, ya que me asociado a una franquicia lovendoporti, pero me tengo que buscar yo los dropshippers. si que hay muchos chinos o eeuu, pero me da a mi que tardan mas de 2 o 3 dias en entregar al cliente final, verdad?? haber si me podeis ayudar a en contrar alguno en espaÃ±a o cerca para entregas rapidas

gracias

richelle_salehoo1

Bienvenido a SaleHoo, geppetto01 :)

Estamos mÃ¡s que dispuestos a ayudar a cualquiera de nuestros miembros, pero por favor, abstenerse de publicar el mismo mensaje en el foro ya que se considera como spam en el foro, lo que significa que tendrÃ¡ que eliminar sus mensajes otros.

Para los dropshippers en Europa, veo que has encontrado el hilo - Link hidden: Login to view Es, bÃ¡sicamente, se encuentra una serie de RECOMENDADOS sede en Reino Unido

Dropshippers en el hilo.

Saludos:)

anie80

Hello Salehoo, i just signed up on, i am new in online sales, i sold couple items so far on ebay but i am planning to start a full or part time income on ebay, but i would like if somebody can guide on this, i have really some ideas on products that i want to sell, i dont know on what products i should start you know little start. I want to a open a apperal bussiness such as clothing, shoes, accesories ect related but respetable brands. I dont know if i should start with droppshipping because i dont have a good feedback still on ebay, so should i start buying a bulk in liquidators?, please If somebody can help me out i will apreciate it.

Thank you.

Anicee

richelle_salehoo1

Hi and welcome to our comminity, Anicee :)

Nice to have another hard working entrepreneur! I think many of our experienced members would say that nothing beats selling things from around your home especially if you are still working on your feedback.

Check through your closet or attic, your kitchen stockroom..there is bound to be something that you are longer using but still in good condition, use that and sell it on eBay :)

Why?

Selling things from around your home has little to no risk of loss, for one no capital was spent to secure the item.

Also, you get to practice and hone your selling skills - writing effective product titles and descriptions as well as taking photos!

You get to build your feedback while you save up capital for your big break!

All the best! Cheers :)

alqamar

Greetings i am 30 minutes NEW to the website. I joined hoping to find wholesalers who specialise in ethnic, afro centric style earrings. Preferably wood but trendy...So far I've been out of luck. Any help in this catagory would be of great assistance, thanks.

copperfrog

Greetings,

Just joined Salehoo to get information on starting up my online business properly. I have a strong technical ability but need some help with the business aspect. I am looking to dropship in my own online store. I know dropshipping is not the most profitable but in my situation I don't have the start up to buy in bulk. I have no idea what will sell either, I guess my fear is that I will buy thousands of dollars in product and will not be able to sell it. Either way I have a fair bit of research to do.

I plan to do this on a part time basis. I am building my own store using open source software. I have some photoshop experience and plan on designing my own logo, look and feel, and promotions. I already have some web hosting space and am using it to development my store.

So I am at the cross roads of what to sell and how to move that product. A few ideas came to mind but I don't know if they will sale. I tried to sell online before but was not successful. Hopefully changing what I'm selling and any pointers I can get from this site will help turning this around.

I am located in Ontario, Canada and plan to sell to either Canada, US or both. It all depends on what will work with my business.

Thanks,

Copperfrog

richelle_salehoo1

Welcome to SaleHoo Copperfrog :)

What to sell? is one of the TOP question we receive on the forum.

Personally, it will depend n your target market and location. Since what may sell in my area/target market may not necessarily sell at your end.

Here are some products we have found to have good profit margins:

- Clothing

- Skin care (e.g. anti-ageing & acne treatment)

- Vacation-related items (swimsuits, crocs, sunblock)

- Homewares (towels, sheets)

- Accessories for electronics

- Crafts & hobby items

- Sporting goods

- Computers & computer parts

- Auto & motorbike

- Unique items/collectibles

However, bear in mind that we give out this list to anyone who asks! It is always most profitable to come up with your own niche market.

One of the best ways of doing this is just by selling some stuff from around the house that you no longer need any more. In the process, you will often stumble across items that sell really well that you would never have otherwise picked!

You might also find these guides helpful -

Link hidden: Login to view

Another tool that may help you in your search for that elusive niche is our SaleHoo Research Lab. Give it a try and who knows you might just find your niche.

Also, every Monday we feature promising and profitable niches in our Monday Market of the Week and this week we are featuring bluetooth headsets - Link hidden: Login to view

Hope this helps you for starters! All the best :)

PS If you need further assistance you know where to find us!

jgoossens

Do suppliers send to the UK?

fudjj

Depends on the supplier, however if you are talking about Drop Shipping then the general rule is that they will ship almost anywhere, but again, that

s something you would need to make sure of with any particular supplier.

richelle_salehoo1

Do suppliers send to the UK?

Hi JGoossens,

Welcome to SaleHoo, nice to have you with us :)

Like Marc said may depend but we do have suppliers (wholesalers, dropshipper, liquidators as well as manufacturers) that will readily ship to most locations worldwide including the UK.

We also have suppliers based in UK. Just let us know what products you are looking for so we can help you find suitable suppliers.

Cheers!

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