Wholesale Sourcing Intelligence
Drop Shipping, Bulk Wholesaling, General Wholesaling, Liquidation / Overstock Sourcing are sourcing strategies that need and naturally produce a lot of intelligence both market intelligence and competitive intelligence.
Product Sourcing can be a critical part of any Business Success. WorldWide Brands takes that matter very seriously and offers a broad range of tools and access to modern wholesale sourcing and market intelligence surrounding product sourcing:
The Drop Ship Source Directory - Online Directory of Drop Ship Suppliers for millions of Products. Updated every day with new Suppliers. Lifetime Ownership, ONE TIME price.
The Light Bulk Wholesale Directory - Online Directory of Bulk Wholesale Suppliers for millions of Products ^that can be sold online. ALL minimum order requirements are UNDER $500. Updated every day with new Suppliers. Lifetime Ownership, ONE TIME price.
The WBI General Wholesale Directory - Thousands of verified General Wholesale Suppliers that you can contact and make your own arrangements with! Find all kinds of Wholesale bargains! Lifetime Ownership, ONE TIME price.
Visit WorldWide Brands for Wholesale Sourcing and Wholesale Intelligence
The Market Research Wizard - Find out within minutes whether your Product Choices will earn you money Online. The Wizard will tell you everything you need to know to beat your competition in any Product Market you choose. Lifetime Ownership, ONE TIME price.
The WBI Home EBiz Office Supply Center - Premium Product Sourcing Package owners can access thousands of Brand Name Office Supplies for your Home EBiz at as much 10% to 50% off Retail Price! Lifetime Access, ONE TIME price.
“Many people start out selling online by cleaning out their attics, going to garage sales, and selling those finds on eBay. That’s a good way to learn the auction business and get your feet wet, but it will never be a full-time living.
Others buy “Complete Internet Stores” that already come with products to sell, which simply isn’t a real business. This just turns you into a commissioned salesperson for someone else’s company.
If you plan on creating a thriving business that will support you to the point of replacing your “day job” and more, you will need to find genuine, reliable wholesale sources of quality products to sell.
“Product Sourcing” simply means finding and qualifying those rare wholesale suppliers who are willing to work with small, home-based Internet Business Owners.
Notice the word “Qualifying”. Just finding someone that says they sell at wholesale isn’t enough. There are other things that you need to find out about them.
In order to understand the most effective ways to Source Products, it’s important to understand the least effective ways FIRST, so that you can recognize and avoid them. There are a couple of things you should understand before you begin a serious Product Sourcing effort.
First, what are “Middlemen”?
There are a huge number of people on the Internet who want you to think they’re a wholesale supplier, when they’re NOT.
A “Middleman” is usually a single person who works from a HOME COMPUTER. He has his own Accounts with a REAL wholesaler. Then he build s a web site that says HE is the real wholesaler! He is NOT. His only goal is to get in between you and the real wholesaler, and charge you an extra markup on the products. He just emails your orders to the REAL wholesaler, and has the products delivered to you or your customer…”
Most people are under the impression that the best place to Source Products is to get them directly from the manufacturer. That almost never happens, and when it does, it is extremely rare! You’ll almost always work with Wholesale Suppliers.
Manufacturers make things; they don’t want to be bothered with selling and shipping them to retail businesses as well. That’s why Wholesale Suppliers exist; they are a service industry that works with product manufacturers in order to get products from the factory to you, the Retailer, which is a great help to product manufacturers.
If Wholesale Suppliers did not exist, every product manufacturer would have to hire a Retail Sales Force, set up Distribution Centers, buy trucks, and build an entire Distribution Network for their products. That’s like every different product manufacturer having to re-invent a very expensive wheel over and over again! So, genuine Wholesale Suppliers fill a very real need for manufacturers; the Wholesalers already have the sales force, the warehouses, the trucks, the distribution network and more, and can carry many product lines from many different manufacturers at the same time.
While there are some manufacturers out there who will sell to you directly at wholesale, they are typically very small companies who do so because they need the business. While this might sound attractive at first, remember that small manufacturers also go out of business much more frequently, or can’t make enough products fast enough to fill orders. They can leave you hanging with backorders you can’t fill. Very small manufacturers like this are also too small to be considered worth a genuine Wholesale Suppliers’ time; the big Wholesale Suppliers don’t want to bother carrying the lines of small manufacturers until their products are proven in the market, or reach a certain level of sales. So if you do come across a Manufacturer who is willing to sell to you directly, please investigate the reason they’re willing to do so!…
Wholesale Intelligence Articles
Wholesale Intelligence on Wholesale Pricing: “How to Ruin a Perfectly Good Product Market”