Wholesaling and drop shipping go hand in hand for online sellers. Just like traditional middlemen who sell products from different suppliers in malls and department stores, online sellers get the products that they sell on wholesale prices. They mark these products up when they push them to their customers, and the difference between their marked-up retail prices and the wholesale price by which they bought it represents their profit.
The process of wholesaling becomes much, much nicer when online sellers do drop shipping as well. With drop shipping, it means that the online retailer does not have to deal with concerns about inventories and shipping products to their customers. Inventories and shipments are major business aspects that traditional middlemen have to handle.
However, with online sellers, they only need to list their products on their websites, promote their websites and receive purchase orders from their customers. When a customer buys from them, the online retailer simply gets in touch with the supplier, places his order and has the supplier shipping the product to his customer. In drop shipping, money passes between the buyer and the supplier through the middleman, the online retailer, but without the online retailer actually touching the product. Through this, online retailers make serious amounts, both in profit and in savings.
Salehoo is a website that attempts to address both the wholesaling and drop shipping concerns of online retailers. It is a members-only wholesale directory and drop shipping resource. Considered to be one of the best websites of its kind, Salehoo connects around 50,000 online retailers to almost 6,000 suppliers, making it one of the biggest wholesaling directories as well.
To be a member of Salehoo, one has to pay a one-time fee of $67. The fee grants lifetime access to Salehoo services, and these services include:
*The wholesale directory itself. The 6,000 suppliers listed in the Salehoo wholesale directory offer a wide range of products to consumers, from electronics to baby wipes to antiques. There are many suppliers for similar products as well as many products from a single supplier, thus giving the members a variety of choices on what product to sell.
*Product research. Salehoo periodically conducts product research to ascertain the quality of the products provided by the suppliers on its listings as well as the performance of the suppliers in delivering products. Through product research, Salehoo determines in behalf of its members which suppliers will do a good job for them.
*Drop shipping and wholesaling guides. A member who is new to drop shipping and wholesaling have the chance to learn how these are done through the education section. The guides provided in the education section cover the basics, while further explanation can be found in the community forum.
Salehoo, in itself, is a complete website on wholesaling and drop shipping. It is a very convenient resource because it combines two concerns common among online retailers in one useful and easy-to-use website. It is truly one of the best on the Internet.
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