Wholesale Sources
If you want to make a hefty profit selling products online or selling products in online auctions you are going to need a good wholesale source that will allow you to purchase a single item at a time, at pennies on the dollar.
The best wholesale source is one that will not only give you a great deal on your merchandise, but will also dropship the merchandise for you.
What is dropshipping?
Drop shipping is a method of selling products online. It allows you to accept orders and payment for products without having to stock the products, and without having the responsibility of shipping and handling them. When a customer makes a purchase from you, you simply forward that order to your wholesale source who in turn will deliver the goods directly to your customer's specified address. This eliminates the need for you to stock any merchandise at all. In short, the wholesale company that you buy your products from, will also deliver those products for you.
Your customer pays the retail priced fixed by you, while you only pay the wholesale price from the supplier, which means you make an instant profit from the sale. Normally the paperwork accompanying the delivery will make it appear that the goods were delivered directly from your business. If you are interested in taking a look at what I feel is the best list of drop shippers online, then go here.
The Advantage of Single Item Purchases
The wholesale companies I do business with will allow you to place an order for a single item at a time. They do not require you to purchase items in bulk to get a good wholesale price. Unlike some other wholesale companies that make you buy boxes of stuff you may never even sell. My advise is this: If the wholesale company won't let you buy single items at a time, find another company that will.
Some wholesale companies will even allow you to use their product images and descriptions so you can display them on your website or in your online auctions. This is a tremendous benefit that will save you a lot of time and money.
The most important advantage you will have when doing business with the right wholesale company is that you can purchase your products after they have already been sold and after you have already received payment for them! In most cases there is no out-of-pocket cost to you.
I've sold hundreds of products from jewelery, to household items to electronics, without ever laying a finger on the merchandise. For instance, I remember the time when somebody sent me money for a Grandfather Clock that I put up for auction on Ebay. They sent me a money order in the mail for around 300 bucks or so. I simply forwarded that order to my wholesale company and they took care of everything else. I made an instant profit of about 170 dollars. Plus, I didn't have to worry about shipping that clock across the country. Nor did I have to worry if the guy would ask to return it for a refund , because the wholesale company handles that too. How sweet is that?
I Don't Have 1000's of Dollars to Invest
Maybe you are sitting on a ton of money that you can invest in stocking your own warehouse. Or maybe you don't mind shipping products and handling returns. You may even have your own merchant account, I don't know, but it sounds like a lot of work to me. It was a no-brainer for me to go with a wholesale drop shipper.
Let's face it, no matter what you sell, if you carry stock, you pay first, and then hope you sell later. If you don’t sell the products you stock, you are stuck with them. That's one problem you don't have when you use a wholesale dropship source.
The bottom line is this: If you know where to find the right products and buy them from a true dropship company at pennies on the dollar, you can make a lot of money!
You can find the dropship companies that I use here. It's an excellent resource and I'm quite happy with it.
Wholesale Suppliers Want You....
250+ wholesale suppliers are dying for you to resell
their products online or at auction sites.
If you're interested in any of these products:
Apparel
As Seen On TV Products
Beauty Products
Books
Candles
Collectibles
DVDs
Electronics
Erotic Products
Giftware
Health Products
Home & Garden Items
Jewelry
Nutritional Supplements
Security/Self Defense Products
Software
Sporting Goods
Toys
Tools
Video Game Consoles & Accessories
Watches
Then check out this website. You can get some great tips on how to setup your own
profitable ebiz.
Get it here.
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