Wholesalers ??

About wholesalers

#1 Rule real wholesalers ask for a tax id & business name
#2 they don't advertise on the net
#3 they dont sell products what you can get cheaper on eBay
I knew I was making a mistake.
Looks like worldwide brands for me
unless someone can convince these are wholesalers & not middlemen
These wholesalers are in fact middlemen see sample below of a middleman Link hidden: Login to view

It's true that from most places you can not buy items for sale that are going to be cheaper than you see listed on ebay..You must relize that ebay is a 'below wholesale' market..Most all of the sellers that you see selling items at those low prices on ebay are doing one of two things or probably both.

a. Purchasing in very large quanities.
b. buying from liquidators and close outs..

This is how they are able to sell at such low prices..Since the are buying at such low prices and in very large quanities, they only have to make a very small profit on each item. Alot of the powersellers you see are listing hundreds of items per day in different catagories..

In order to get these low purchase costs, you have to have tremendous buying capital. For example I know several people who sell jeans and they purchase a container load per month. That container can be anywhere from $10,000 to $25,000. But with the amount of items inside of that container, they only have to make 2-3 dollars per paid to make a handsome profit..

You might want to take a look at something like:
Link hidden: Login to view which is mostly liquidations and close-outs and see what I mean about buying in bulk..

Another thing to realize is that most wholesalers don't list all of their prices on their websites..You have to call a sales rep and ask for a good price. Most of the time they are willing to work with you on the prices, but don't ever just buy at the price listed on the site..

As far as wholesalers asking for a tax id and business name, most of them will. This is really just to protect themselves as they are not suppose to be selling to individuals, but to businesses..A tax id is simple to get and it only takes a few minutes to fill out the application. You don't have to be a corporation, you can do business as a 'sole proprietorship', which is what most folks who just sell on ebay use...You can use anything for a business name such as 'buckaroo sales' and put that down when they ask for a business name. It dosen't have to be registered for now..

Too, alot of people get freaked out when someone mentions getting a tax id and business name..You must remember that you only have to pay taxes to the state on items that you sell 'within' that state that you received the tax id from..I live in mississippi and I hardly ever pay any state sales tax because most all of my sales are from other states..And even if you do happen to sale something from your state, it's not coming out of your pocket,,,you collect the tax from the buyer and then just send it to the state....

You might want to think about getting on a couple of liquidation mailing lists where you can have a constant supply of updates on available liquidated goods on the current market...

Hi Guffy 13?
Thanks for the reply. It was very informative & maybe useful for other people to read. I do fully understand what your saying about buying in bulk & it takes money to do it & there for sell it cheaper. My main concern is as you will already know(by looking at your reply) there are wholesalers & middlemen wholesalers.I was taught to look for red flags in looking for real wholesalers & as mentioned in the above message these are some of the red flags.
Also not too many real wholesalers don't advertise there prices to the public unless you fill out the application form then you will see the prices or am I being just a little to concerned about what a real wholesaler is
I think the program is pretty neat but I need to weedle out non wholesalers

Normally on a good site, there will be a short message stating that you need to open an account to view the better prices..Some sites will have a heading link, Normally 'wholesale' some where at the top of the page. Usually when you click on that it will have a bit more information on setting up an account, or an application to fill out and then you can see the other prices..

It just usually depends on the company and how they have their site set up. In my experience it seems that they want you to set up an account and call and speak with one of their reps. Normally a real wholesale company will assign you a sales rep once you have filled opened an account with them..There are several reasons for this, from what I've been told, the sales reps sometimes work on commission, so they have a bit of leaway on what prices they can use to move the merchandise, too, requiring a person to open an account kinda weeds out the real buyers from just the shoppers..also being able to provide a tax id an business name makes it more believable that you are indeed intending to resale and not buying for personal consumption..

Most companies are in the busniness to move stock and they want long term customers, so once you prove to them that you are a serious buyer, most will be happy to cut deals with you. I actually know a guy who sells weed eaters that are made in china and shipped to the U.S. for sale, If I remember his first purchase was about 50 units. They went pretty well at a local flee market and moved pretty fast too. He upped his 2nd order and moved them quickly too..Then he talked to his sales rep and asked if they could set him up for a set minimum purchase every month. His sales rep dropped his price by 5% and told him he would make sure that they had a continuing supply for him..

And most people would say, 'well that sure was a nice sales rep'. But the truth is that by cutting the price a bit, and making sure that they had a constant supply for Jake, the rep increased the money he was making off of the commissions, and Jake made more from the price discount. So it was actually good for both buyer and seller...

You are very right about the middlemen posing as wholesalers, and it's hard to tell sometimes. It's very important to take a good hard look at all of them before doing business with any of them..

Probably an overlooked avenue of search is the B2B yellow pages. Your local library should have a copy. You can find the real guys in there. Also if you are around or in a large city you can use the library to search through the buyers guide of the thomas register. It's been around for about 95 years and contains any and all of the information on any product and manufactor in the u.s. and canada. As of the last printing, volumn24, there were about 200,000 manufacturors listed. Each business will have specifics such as sourcing, buying guides, specs.. and all kind of info about the company and products..It's kind of hard to use but normally one of the library clerks can point you in the right direction...You'll only find the real deal in that book...But don't try to buy one, as they are about $400.00.

Another thing that you might want to look into depending on what you are looking to sell is visit one of the national Merchandise Marts. Most of the major cities have one. I go to the Atlanta Mart since its only a few hours away. It's 13 floors and houses over 600 wholesale vendors...You will need a tax id and business name to gain entrance. A business card helps too..Not open to the general public at any rate..

One more thing, if you like to travel a bit, you might want to consider visiting one of the 6 major close out auction houses. Try contacting them and getting on their notification list, so in case they are putting something up you might be interested in you will know when the auction is taking place for what items.....

Link hidden: Login to view

I do hate to pick peoples posts away.

Not all wholesalers ask for tax Id. This is really only true to wholesalers that do not charge you taxes on your purchases.

And many of the largest wholesalers online do advertise on the net and have sites. For instance Link hidden: Login to view The largest wholesaler for consumer electronics in the united states are literally listed all over the place.

And finally Almost all wholesalers prices are higher then Ebay. Anyone trying to rate a wholesalers prices to ebay is going at this the wrong way. There is so much competition on ebay that anyone trying to sell wholesale products are just going to make a few bucks. But most will make nothing and actually loose money.

If your looking for the so called true wholesalers, There really arent any. As all wholesalers are middlemen. I have done reviews on several companies in the salehoo directory. And some have actually responded with price lists that are much better then thier advertised prices. And you would be suprised at how low these people will go to get sales.

I myself have been through the dropship and wholesalers sections of worldwide brands. And have found tons of similar sites that you posted above. I found thier lists useless to me.

Hi! Everybody,
I'm looking for wholesalers/dropshippers that will work with me without wanting money to 'join up'. No one has asked me for my tax I.D. or company name, to me they're not true wholesaler/dropshippers. I own some websites, I want to get them up and running. I can set my websites so that the order request and dropshipper's money go directly to the dropshipper. Can any of you give me advice on what I'm not doing right? Thank you, Dan. I have been a memeber since 3-2007, I'm in the U.S.A.

I thought the whole point of joining SaleHoo was to find gems to sell on eBay...(yes, I know, how naive of me & yes, I'm being sarcastic)?

Sidenote: Notice how affiliates will point out how to use these memberships to find sources for eBay... they'll find a niche product, maybe create a video and then redirect to a 'my name only special price' membership @ SaleHoo(for example).

If you look at all the sites promtoting wholesale sources they always 'hype' the ebay selling. Plus there are the testimonials from people apparently successful from using these sources to sell stuff on eBay...

plus adding 'How to be an eBay powerseller'-type resources with membership leads one to believe that 'Hey, this wholesale membership site is going to be great for making money from eBay baby...!'

I even went to The Donald's Trump Institute Seminar where there was a Wholesale Membership guy promoting something similar to SaleHoo. Makes me wonder if he's got access to real wholesalers that you can make actual profits from selling on eBay... he is a powerseller after all...

You can find lots of products from dealers listed on salehoo to sale on ebay. You just have to decide what product that you can sell and make a decent profit on..

Most people make the mistake of trying to sale the HOT items, such as xbox, ps3 mp4 players and laptops, etc.. But most of the successful people selling those are buying in huge quantities and they are listing hundred of items per day. They only make a few dollars on each item, but since they are buying in such large quantities and selling at such low prices they only have to make a couple of dollars per sold item to do well..

Most powersellers and I know quite a few don't buy several hundred items at a time, they buy truckloads, mostly from closeouts and liquidations. This way they are buying items for pennies on the dollar and then just make a small mark up and still make good money...

You can find lots of products from dealers listed on salehoo to sale on ebay. You just have to decide what product that you can sell and make a decent profit on..

Most people make the mistake of trying to sale the HOT items, such as xbox, ps3 mp4 players and laptops, etc.. But most of the successful people selling those are buying in huge quantities and they are listing hundred of items per day. They only make a few dollars on each item, but since they are buying in such large quantities and selling at such low prices they only have to make a couple of dollars per sold item to do well..

Most powersellers and I know quite a few don't buy several hundred items at a time, they buy truckloads, mostly from closeouts and liquidations. This way they are buying items for pennies on the dollar and then just make a small mark up and still make good money...

so basicly to sum up this whole thread you just said that the only way to make decent money on ebay is to be able to some how come up with 25 grand to buy a truck load of some product you want to sell and sell it on ebay. So i paid 67 dollars to figure out that i need another 25 grand to be able to actually make some money. hmmmmm..... i think i might be asking for a refund. this just doesnt make any sense, people that want to make some cash pay to come here because they dont have much money to start with. most of us are probably starting out with maybe a grand if not less. and when your talking about a business a thousand dollars doesnt get your very far. I've gone through thread after thread to realize that all of the answers are the same. they all pretty much say that in order to compete buy mass quanities. So i think the real question that everyone keeps asking but are not phrasing it the right way is 'is there a way to make money buying a product in small amounts and reselling it on ebay'

which is mostly liquidations and

how does this website work. do i need a tax id number? how do i order from these people?

Surplus.net is basically a site owned by an association called Internet Marketers Association of Surplus dealers...

It's a site where all kinds of different liquidators, surplus dealers, and wholesalers list the items that they have for sale..They will actually mail you a list of everybody's items that comes out about every two weeks..The list is quite huge and can be a bit overwhelming. I normally just go to the main site and shop under the particular catagory in which I am interested.. Each seller will have 2 url's listed at the bottom of their listing, one will be to a page that has all of their items on it and the other will be their email contact info,,phone, etc...

Some sell in large lots, some small lots,,etc..Most don't require tax id's, but some do..I just depends on the particualr seller..But you should go and just browse the site...