I have been absent from Salehoo for just under a year, and when I came back to find another merchant, all I found was the flood gates open? Don't get me wrong, it is great that these merchants don't require any business info before you can buy because this helps the little guys starting out. However, that is a double edge sword. It has decreased the profit margin on most products to mere pennies, because this is not true wholesale. Even a seasoned seller like me can't seem to squeeze out enough profit on most of these vendors products to justify the investment. When a wholesaler requires a license or ein, it helps to weed out the flaky folks, and build relationships with buyers who will likely do repeat business. That's a win win for everybody in my opinion.
I guess my question is..... where have all of the strict wholesale companies gone? They seemed to be the only ones that had products cheap enough to make moderate profit on.