How do I get real wholesale prices?


kenhanderson
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2 Nov 13 05:56:31 am
I have spent hours searching through the resources on Salehoo. I can't find a product from any of the wholesalers that is cheaper than ebay and Amazon. Is anyone having any success with finding wholesalers? I must be missing something here. If you have any ideas please let me know.


jacob.gratton
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2 Nov 13 07:51:18 am
Im having the same issue as you. I am trying to find shippers that do not require a sign up fee too... The hunt is not going well.


fudjj
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3 Nov 13 09:33:51 pm
When looking for Wholesale pricing you should speak with the supplier directly about your requirements. Wholesale prices are based on volume purchasing, so it's impossible for a supplier to give a wholesale price upfront without knowing your actual purchasing requirements. Some may have an MOQ (Minimum Order Quantity) set. Of course that's just the minimum you have to buy, but as a general rule, true wholesale pricing work on volume purchased.


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kenhanderson
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8 Nov 13 02:28:19 am
I would call them if their prices were at least in the ballpark but they aren't even close. I will continue to look around but Salehoo is not saving me any time or money at this point.


fudjj
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8 Nov 13 03:17:34 am
It really does come down to volume with wholesale, the more you buy, the better deal you secure.


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kenhanderson
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8 Nov 13 05:58:47 pm
That does make sense. I thought Salehoo would help newbies and small operators find wholesalers and dropship suppliers. I understand what you are saying and it makes total sense. It does come down to volume when making your purchases so I don't think Salehoo is going to work for me because I am looking to buy in small volumes to supply my ebay store.


fudjj
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8 Nov 13 07:10:41 pm
Hi Ken,

SaleHoo features a range of different suppliers in our directory, with new suppliers always being added. We do that to ensure that there are fully verified supply resources for members, no matter what business model they want to operate with. From High volume wholesale buying, right down to no volume at all dropshipping.

The choices are there, it's really up to the member as to what kind of supply method they want to use. The one thing you have to bare mind is that each supply method offers different pros and cons, and they include prices. Buying in high volume from a wholesaler provides higher discounts than dealing with no product cost outlay at all with drop shipper.

Of course the supply method you use has an effect on the price you pay for an item, and that then has the flow on effect of how to compete in an open marketplace like eBay. You have a mix of sellers there, some dropshipping, some selling through wholesale resources and then you even have some wholesalers there selling at wholesale prices direct to the public. So depending on what your supply method is, you have to then find a product/s where you can compete on.

It's not as simple as saying, I want to sell something like an iPhone through dropshipping and then trying to compete against sellers using big wholesale buying power and then selling on a very tight margin. You will never be able to compete, the other seller has secured their items at a far better price, giving them the advantage. It doesn't mean you can't make money dropshipping, but it does mean there will be certain products and sellers that you won't be able to compete with on an eBay if you aren't using the same supply method as they are.

It all comes back to research, finding a spot in the market where you can compete against sellers using the supply method as you or even better, finding a spot that is completely under resourced with suppliers (a niche market)

You see SaleHoo does help new sellers, but we don't just do it through providing fully verified supply resources. We also do it through education, helping members understand the market and what it takes to be competitive, as well as destroying of few urban myths about how simple it is to make easy money by selling online.


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aforwardshift
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9 Nov 13 11:21:23 pm
I like and appreciate your response and info Marc. I am a newbie and I believe the niche is the entire thing. Just like you say you cannot start selling iphones and expect to be shoulder to shoulder with these power sellers that have been in that niche and positioned themselves by lots of work and history.... Thats why I have taken all this info I have learned that I need to go back to my original idea and sell my idea that I am in the process of manufacturing now and being the first in MY niche. Thank you everyone for the info!!!


fudjj
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10 Nov 13 01:00:36 am
Thanks Ryan,

"In the process of manufacturing", all sounds pretty exciting so good luck with that venture.


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