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    1. loz013 is offline

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      #1

      Online seller starting up - Product niches and verified suppliers

      Hi Everyone,

      I'm new to Wholesale Forum and have joined as I am interested in starting to trade on line, as of yet I am at the research point and would love some advice from all of you established on line traders.

      Useful links etc and reading so far it looks like this is a cool place to be.
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      #2
      Hi Loz013,

      Welcome to Wholesale Forum

      Our recommendation is to focus on finding a niche market. To learn more about niches, you should have a look at the following threads:

      - https://www.wholesaleforum.com/discu...ll-about-1651/
      - https://www.wholesaleforum.com/discu...at-sell-11574/

      A great market research tool you can use to find out which products are currently selling best on eBay, and how you should list those products to earn the most profits, is Terapeak.

      You should consider the options you have for sourcing products. You can either use a wholesale supplier or drop shipper to get your products.

      To start selling online without having to invest a large amount of capital in stock, you can use a drop / blind shipper. These suppliers will make it possible to display their products on your own website or list them on eBay. When you make a sale, you simply forward your order to your drop ship supplier and he then ships that order to your customer on your behalf.

      When, instead, buying stock from a wholesale supplier, you need to have enough storage space or know where else to stock your goods. You could, for example, have your goods delivered to a fulfillment company who could then store and, in some cases, drop / blind ship your goods directly to your customers. You will need to invest a significant amount of capital in buying and storing stock.

      For more information on wholesalers and drop shippers have a look at the threads below:

      - https://www.wholesaleforum.com/discu...ppliers-15442/
      - https://www.wholesaleforum.com/discu...olesale-14586/

      When you have decided which product you want to start selling online and what type of supplier you want to work with, then you can start looking for suppliers. Finding a reliable suppliers is the most important factor to having a successful business. Many suppliers found online are scammers who are out to make a quick profit at your expense, so you need to take care in verifying each and every supplier you come across. Have a look at the following thread on Wholesale Forum to learn more about verifying suppliers:

      - https://www.wholesaleforum.com/discu...techniques-78/

      If you want to find verified suppliers of all types of products, and from all over the world, then we recommend using the largest online directories of verified trade suppliers. The advantage of finding many verified suppliers all in one place, is that you can put them in competition with each other to win your business and thus be able to source the best quality and price for your products. eSources and Wholesale Deals both list thousands of verified UK and EU wholesalers, distributors, manufacturers and drop shippers.

      Have a look at the following review for the trade directories mentioned above:

      - https://www.wholesaleforum.com/discu...-seller-15048/

      To learn much more about finding and verifying suppliers, have a look at the following threads:

      - https://www.wholesaleforum.com/discu...instantly-105/
      - https://www.wholesaleforum.com/discu...-one-year-530/

      Also try reading the threads in the following category on Wholesale Forum to get more information about starting up your business:

      - Starting & Growing Your Business Discussion - Wholesale Forum

      Hope this helps
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