Wholesale supplying...how's business?

Full Member
avb9920
Posts: 18
Joined: 07 Aug 09
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16 Aug 09 12:21:15 am
Really...your most objective answer (Fudjj, and others). How is the wholesale supplying business? Is the market overcrowded and saturated? Do you think there is room for another wholesale supplier of pallets/cases/truckloads (say, in about 2 years)?

Site Admin
fudjj
Posts: 5906
Joined: 27 Jul 07
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16 Aug 09 01:11:50 am
From my stand point as a supplier of liquidated products to resellers, business has slowed by at least 50% over this past 6 months. It really has slowed to the point where I treat it as more of a part time business and dedicate my time to other ventures.

Of course I am not actively pushing the supply business at this point, and I'm sure if I was I could be doing better with it, but having some down time away from it suits me at this point, with plans to up the marketing lever in about 4-6 weeks time for resellers looking for Christmas stock.

The other thing with the liquidation market is that the regular department store resources are operating at a much reduced rate as well, and competition to get loads is hard, and that drives the load values up.

Anyway, that explains why I am not concentrating so hard on that supply are at the moment, but I am confident you will find attitude among quite a lot of suppliers in the same field.

Is the market saturated?

Well to be honest it depends on the market and on the product being sold, for example, something like iPhones on ebay....YEP, that's what a saturated market looks like.

I think there are opportunities everywhere if people look hard enough and try hard enough. Sure, not everyone is going to succeed in this game, it's a business after all, and the failure rate of small business is extremely high without considering just how difficult it is to make a go of this style of business.

Two years time, fingers crossed the economies around the world will be pumping, and more resellers than ever will be looking for buying resources to feed hungry buyers.

If you put yourself in a position of catering to that market, then you will have just as much chance as anyone : )

How is that for my most objective answer?

: )


Mark (fudjj)

Community Manager
SaleHoo.com

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Full Member
avb9920
Posts: 18
Joined: 07 Aug 09
Karma: 
16 Aug 09 02:04:29 am
Excellent...thank you. Are you a consultant? If not, have you thought about that? Your answers are great.

Site Admin
fudjj
Posts: 5906
Joined: 27 Jul 07
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16 Aug 09 04:50:43 am
Thanks avb.

My role as Community Manager is to act in the roll of a consultant in many ways, so I'll take your comment as a tick for me doing my job effectively : )


Mark (fudjj)

Community Manager
SaleHoo.com

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