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    1. Julie87 is offline

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      #1

      Newbie to Import Business - Looking for some Guidance on Wholesale Importing

      Hello all,

      I am looking to start an import business and need some tips and guidance on wholesale importing.

      Please help.
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    2. experience is offline

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      #2

      Quote:

      Originally Posted by Julie87 View Post
      Hello all,

      I am looking to start an import business and need some tips and guidance on wholesale importing.

      Please help.
      Hi Julie,

      Your request is too broad ranging for you to get any meaningful help. You will probably get responses from people who want to offer products for you to import, or to act as sourcing agents for a fee, but without knowing what area of business interests you responses will be far too general and may only confuse you.

      If you intend selling products in a specific niche it is probably not a good idea to disclose that publicly.

      When you say "wholesale" that term is greatly misunderstood. It is used by retailers to make people think they are are getting a bargain, and it is used by middle men and traders calling themselves wholesalers who hope to find someone willing to place an order and then they will hunt around and try to find a manufacturer who will supply them at a lower price than they have quoted you. They do not carry inventory.

      True wholesale is the price you pay when you buy from manufacturers. The cost difference between buying direct from the factory and buying from a wholesaler can be massive. Many true wholesalers do carry inventory and sell smaller quantities to you at a price higher than they paid to the factory.

      To my mind, business is about making profit, so why not go to the source (the manufacturer) where you can obtain the highest profit margin?
      How a New Online Retailer Made Over 3 million Sales in 1yr With These Sources
      To learn safe overseas sourcing and how to buy small (or large) quantities at best prices see→ http://provenchinasourcing.comLearn to find genuine manufacturers and negotiate small orders at prices way below what wholesalers charge. Written after my health enforced retirement and provides insider information from veteran with experience exporting 1978-1987 importing since 1987 Learn to import the easy way

    3. Genie Sourcing is offline

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      #3
      HI Julie,

      I wonder what type of import you will be doing? Do you mean you will be importing goods to sell on in bulk or one by one or do you mean you will be importing goods for people as a service etc?

      Each of the above has its own set of "procedures" if you like.

      Also are you importing for other people or are you importing goods to sell on in bulk or retail?

      Thanks
      Rocky

    4. Genie Sourcing is offline

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      #4

      Wholesale importing

      Hi Julie,

      Can you elaborate on your import business? Are you importing for other people or are you importing goods to sell on in bulk or retail?

      Thanks,
      Rocky

    5. ravinosullivan is offline

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      #5
      Hi Julie,

      Could you give us a little more information on what you are hoping to import and whether it will be wholesale or retail?

      Import is a big word nowadays and there are so many factors to consider before taking that step.

      Also, I guess you would be importing from Asia like most of us and that is where you have to be extra careful whereas many of us have been ripped off in the past.

      Not trying to scare you here but just saying, take your time and study well what you are going to do and make sure that the companies you are dealing with are legit.

      Best of luck

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