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Monday, February 27, 2006
Finding Wholesale Products to Sell
Getting your products at the lowest price is the best way to profit from selling items online or anywhere. The difficulty is in finding true wholesale product suppliers. Contacting companies in which you are interested and asking for a list of distributors can sometimes get results, but be prepared to give them a company name when they inquire as to your identity. Most companies do not want to sell wholesale to individuals. Often a manufacturer's website will have the names of distributors.
If you are searching online, try narrowing the search term to a specific product. This approach is more effective than looking for general wholesalers because you will not be overwhelmed with excessive information.
Another option is to contact another seller--one who will not be in competition with you--and to ask him how he found his sources.
EBay lists wholesalers. Some sellers have success using these wholesalers, whereas others say the prices are too high. If you look on eBay, look for wholesalers with high approval ratings.
It is not always necessary to get prices at the "rock bottom." You just need prices low enough to make a substantial profit. You can find some very low prices by searching for clearance products in online stores or your own hometown.
Finding true wholesaler product suppliers is not easy. Your best chance of doing so is by registering as a business and contacting the manufacturers in which you are interested. Finally, make sure there is enough markup potential to make your business worthwhile. Tip for home business entrepreneurs: Read "Mining Gold On the Internet." Click here for more info.
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