How To Find Wholesale Sources For Niche
Products
One of the main things you will need to consider
when you first start marketing niche products on
your online store or eBay, is the competition
which you will face from the retailers in your
area. One way to overcome this competition is by
locating a wholesaler who will supply your
products to you at a low enough price, which
will allow you to make a profit while selling at
competitive prices.
When looking for a wholesaler, it is a good idea
to try and locate one locally. This is because
you will stand to save quite a bit from not
having to pay for shipping charges. You could
easily run out and get your stocks from a local
wholesaler, or locate one which will be able to
provide you with economical or free delivery.
Since wholesalers do not advertise their
services, it can be difficult to locate a
trustworthy and reliable wholesaler. However,
there are some tips and advice which you can use
to locate a wholesaler you can trust for your
niche product marketing business. Some of them
are as follows:
1.
The local trade directory or Yellow Pages
is a good place to get started when looking for
wholesalers in your area.
2.
You might also find some websites, such
as www.wholesalecentral.com or
www.wholesalequest.com to be useful resources.
Typically, you will be able to browse through
the various categories or perform a search to
help you locate wholesalers who can provide you
with the niche products you have identified. The
other option which you might want to explore is
to look for keywords such as “wholesale
directory” or “wholesalers” in search engines
such as Google.
3.
The third and widely practiced method to
find reliable wholesalers is by attending trade
shows and events organized by the various trade
associations, which have many reputable
wholesalers as members.
A good method of identifying useful tradeshows
is by registering with a trade association which
has wholesalers carrying the products you would
like to sell to your niche. You will be kept
informed of their local and / or international
events and activities through their website or
newsletters.
The other strategy you can use to identify
trustworthy wholesalers is by performing a
search on specific trade websites such as the
Trade Show News Network (www.tsnn.com).
Additionally, you could perform a search on your
favorite search engine for keywords such as
“trade show directory”, or by including a
keyword related to your niche in the query, such
as “cleaning products trade shows”
4.
Finally, you could pay a visit to your
local brick and mortar store which carries the
same products which you have identified are
marketable to your niche. Inspect the packaging
carefully to check for the contact information
of the supplier. Once you have identified the
supplier, you can then contact them to ask if
they are willing to supply you the same products
since you are in the same area. If they are
unable to do so, they will usually be able to
put you in touch with a wholesaler who will be
happy to supply you with the products you
require.
When you have gathered enough information on the
potential wholesalers who can supply you with
your niche products, you will have to do a
background check on each one of them to
determine which ones are trustworthy, and which
ones will most likely be waiting to fleece or
cheat you. You will also want to ensure that
they are a registered business selling genuine
items, and not pirated ones which will get you
into unnecessary trouble.
You will also need to find out their terms of
doing business, including payment terms, return
policies, shipping charges and other relevant
information. If possible, you should also get
feedback from their existing or past customers
to determine if they are a reliable and easy to
work with wholesaler.
The final thing you will need to be aware of is
that your wholesaler will supply you products in
bulk, to be further sold to your customers. If
you are just starting out, you might find this
to be quite prohibitive. In this case, one
method you could use is to approach other
resellers who are selling products similar to
yours and work out a joint venture of some sort.
You could, for example, share the cost of buying
stocks with your partner and target different
market segments so that you do not end up
competing with each other.
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