Archive for Product Sourcing
One of the things every retail company (online or off) has to deal with is the product itself. If you haven’t already decided the best inventory solution for your business, keep reading!
There are a number of methods to choose from and finding one that works can be a daunting task when you’re starting out (i.e. covering every aspect). Here, we’ll compare and contrast garage/estate sales, dropshipping, self-inventory, clearance/restocks, and self-manufacturing to help you along your process of finding the right one for you. Read more... (788 words, estimated 3:09 mins reading time)
I truly believe that when it comes to online retail, you make money on the buy. The better your buying strategy is, the more profitable you are and the more flexibility you have with your pricing strategy. The key is to find real wholesale distributors and not those who provide a “middleman” product sourcing service. By this, I mean companies who offer millions of product sku’s to you for a monthly fee, certain types of dropshipping services, and ones who market themselves as wholesalers. You want real wholesalers. Typically, the real ones are hard to find if just starting out. A quick test to see if a supplier is real or not is: Read more... (667 words, estimated 2:40 mins reading time)
Its been awhile since I wrote about the dropship product sourcing and fulfillment model and since this is one of the most common times of the year to start an online business and dropshipping is one of the most misleading business models, I thought I would take some time to explain my experiences with dropshipping. Read more... (1421 words, estimated 5:41 mins reading time)
The Wholesale Central Index reflects the most popular product searches performed on Wholesalecentral.com. It is just one of dozens of ways to tap into what it popular with other retailers. Similiar searches can be done on Amazon.com to show you what your customer’s are looking for as well. Just be careful to not always follow the (other retailers) crowd.
These are the top 50 searches in November 2009: Read more... (146 words, estimated 35 secs reading time)
