creynolds14 wrote:prices look way to high to resell online
shonuff832 wrote:Does anyone have any feedback on novatech wholesale. Any advice would be appreciated. Thanks in advance.
creynolds14 wrote:Look what else i find on ebay when search for an item
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Your on there competing with your own customers.
novatechwholesale wrote:I can understand your concern about pricing, but let me point out a few things. There is not a wholesale company out there that will be the cheapest on all their products. Some of the products will be the cheapest and some will be higher than the competitors. We have 3 different types of products.
1. Brand New of the latest and greatest model. (these products will bring eyes to your site, but do not have much of a profit margin)
2. Class A Manufacturer Refurbished. (these are factory refurbished, include a warranty, and look like new, these have a really nice profit margin)
3. Brand New Liquidated items. (these are brand new, but they may be the model from a year or years ago, they don't have a lot of competition on eBay, Amazon etc and they have a great profit margin)
Only one company in the world can be the cheapest on any given product, but they will eventually sell out, or people will not want to buy from them for one reason or another. Price is definitely a big player in sales, but its not the only player.
creynolds14 wrote:No but you need to be somewhat competitive. No one is going to pay 50 for an item they can get for 20
shonuff832 wrote:Does anyone have any feedback on novatech wholesale. Any advice would be appreciated. Thanks in advance.
creynolds14 wrote:I find it hard to believe anyone is buying from novatech and making money selling on ebay or anywhere. IF anything people are buying from novatech for their own personal use.
I just looked at 10 items and everyone of them is cheaper on ebay. They had a brand new item listed for cheaper then a refurbished item of yours.
Then you charge $ to dropship
I looked at a cell phone case for $14.03 and shipping is $17.10 plus a 4 dropship fee which puts the price well over $30
What do i find on ebay for $19.95 free shipping the same exact item
creynolds14 wrote:90% of the people here are looking fro dropshippers to sell to. Most will not be selling 11 products in one order on ebay. For a cell phone screen case to cost 17 bux shipping, you should offer usps for small items.
I am still searching amazon and ebay and have yet to find one item thats not cheaper on those sites. Most are cheaper and offer free shipping. BAsically your a discount store not even close to wholesale
novatechwholesale wrote:There are many reasons why we don't use USPS for most of our products, the top being the numerous times USPS "forgets" to scan packages when they are picked up or "forgets" to scan when they are delivered. If we are drop shipping we need to be able to prove the package was delivered, our marketplace sellers also need to be able to have reliable tracking for their customers, as the lack of scans can cause serious problems to your marketplace reputations. UPS/Fedex insures the first $100 for free, USPS does not.
You don't have to be the cheapest seller on the internet to make sales. If that was the case there would only be one company in the world for any one particular product.
novatechwholesale wrote:You would be surprised, there are many factors that a customer would pay more, such as item location, bad history with other sellers, your customer service, availability, your presentation etc. A few years ago we had a consignment shop and a lady brought in a china set and she wanted $1200 for it, We researched it online and found several sellers selling the same set for $350. but the customer wanted us to list it anyway, It took 9 months but it sold for $1200. It only cost us $0.45 in listing fees to keep it on there for 9 months ($0.05 x 9), but the end profit was well worth it.
If you don't have any money invested in the inventory you can let it sit, it will sell. I don't think there is one product we have that you couldn't sell at least 1 a year of (at your $50 vs $20 pricing) and with 30k+ products that can add up to a lot of money.
creynolds14 wrote:I am picking some items and listing them. Hopefully i can make some sales. look me up on their rhoproducts
creynolds14 wrote:In december i was told i was losing my job in march. Yesterday i was let go. So im trying like heck to bring in a little money
novatechwholesale wrote:As Marc mentioned, we are here to help. His posts have very strong valid points, so definitely worth the read.
We want all our customers to be successful, Our success relies upon your success. If you need to discuss strategies, marketing plans, pricing, shipping, customer service, selling policies or just the basics of getting started, please feel free to contact us anytime. We will listen closely to your needs and concerns to try and help you build a successful business.
admom2012 wrote:You guys would make more sales if you flat rate that shipping seriously it is over the top
and any buyer can see that who would pay $30 shipping $4 dropshipping fee for something that cost $21 that is one item don't add two the shipping goes up. I don't know how you all do business like that don't make no good sense. You will have lots of business if you do flat shipping drop the dropshipping fee period. I am already buying from you anyway and you are not a wholesaler you are a retailer with them crazy prices. I don't even know how you made it on Salehoo. That one thing would of cost me $55 to buy. Plus amazon fees probably another $5.34 so $60 and where do you suggest I mark it up too. $70 and nobody would pay that for that item. $21 was good. I know you all can't have that many customers you probably have a lot of inventory you can't push out being greedy. When you can make more by doing the right thing for the buyers drop all that shipping and dropshipping fees you probably do a lot better. I run an amazon group and I was going to mention this website after I seen the prices heck no. I will go to alibaba first even aliexpress it is cheaper.
jim6221 wrote:I agree that the prices on Novatech are more like retail than wholesale and then when you add in the shipping fee your losing money trying to sell on Amazon. I spoke to one of the customer service reps on the phone about this and after a few questions he said he had other customers he had to get to, and so I let him go. I won't be using Novatech for sure now.
acharya.kalpesh wrote:I don't understand. Since I am paid member of SaleHoo, why do I have to pay for membership with Novatech?
papalms wrote:I was looking through the wholesale directory looking for a dropship supplier, when I came across Novatech. They are offering a turnkey website that can be linked with e-bay and salehoo stores. Just wanted to know if anyone that is running a Novatech website, and are you making money? Would love to get the skinny, before I jump in.
Thanks
fudjj wrote:Yes Joseph, I can assure you that we carefully monitor all posts from members. If you or anyone feel you have an actionable complaint against any supplier, then please forward your compliant in full detail to Link hidden: Login to view or alternatively, just PM me the details and I can forward on your behalf.
One of the support consultants will then follow up and work with both you and the supplier the resolve the situation to your full satisfaction, NOT the satisfaction of the supplier.
jispers1 wrote:fudjj wrote:Yes Joseph, I can assure you that we carefully monitor all posts from members. If you or anyone feel you have an actionable complaint against any supplier, then please forward your compliant in full detail to Link hidden: Login to view or alternatively, just PM me the details and I can forward on your behalf.
One of the support consultants will then follow up and work with both you and the supplier the resolve the situation to your full satisfaction, NOT the satisfaction of the supplier.
Mark you have been awesome and I don't want Novatech to have any bearing on Salehoo, but I went through that whole list of Drop-Shippers that you sent me. I ran into road block after road block. Some I had to invest before I could see what I'm getting into. Some I had to download a program to get supplies list and then when I did I got retail prices. Then came Novatech, who on the surface seems good until you start doing all the math. I will not use this company and want to make sure that others don't get suckered in to them. I was smart enough and not trusting enough to be fooled by their program. I can sure share with you over and over, but there is enough of the same complaints to see what type of company they are. I trust you and your company, but you can endorse them if you wish but I can see that for the most part, I can validate almost all of these complaints about this company as true from my experience.
I can understand your concern about pricing, but let me point out a few things. There is not a wholesale company out there that will be the cheapest on all their products. Some of the products will be the cheapest and some will be higher than the competitors. We have 3 different types of products.
1. Brand New of the latest and greatest model. (these products will bring eyes to your site, but do not have much of a profit margin)
2. Class A Manufacturer Refurbished. (these are factory refurbished, include a warranty, and look like new, these have a really nice profit margin)
3. Brand New Liquidated items. (these are brand new, but they may be the model from a year or years ago, they don't have a lot of competition on eBay, Amazon etc and they have a great profit margin)
Only one company in the world can be the cheapest on any given product, but they will eventually sell out, or people will not want to buy from them for one reason or another. Price is definitely a big player in sales, but its not the only player.