Entrepreneurs are always looking for services that can help them make money and succeed in their businesses. Drop-shipping can be an extremely profitable business venture, and many entrepreneurs make it part of their business model. In this Salehoo review, the services this wholesale supplier directory provides will be evaluated.
So, what is Salehoo? Simply put, it is a service that drop shippers can use to connect to the suppliers they need. It includes suppliers from a wide area and includes Australia, the UK, and the United States. The Salehoo sourcing tool can be used to locate suppliers, liquidators or manufacturers that can supply the products that are needed for a drop shipping business.
For those who opt for a premium Salehoo membership, there are also tools that a person can use to create an online store for selling purposes. Although the Salehoo platform is not as robust as some others on the Internet today, it can serve as a simple and easy way for drop shippers to sell merchandise. For an individual who is just getting started in a drop ship business, opening an online store on the Salehoo platform can be an easy way of getting set up fast.
The drop ship business model is quite attractive to many entrepreneurs because there is no need to store or ship products. It is simply a matter of finding companies that will supply the products needed, and then selling them via an online store or selling service. It can be an easy way to make profits, without a great deal of effort once everything is set up. As such, many people opt to run a drop ship operation as a second source of income, especially if they do not have a lot of time to devote to their business venture.
In reviewing Salehoo, it should be noted that they are known for their good customer service. They have been in business since 2005, so they are not a fly-by-night newcomer to the field. The company is accessible via email or phone when support is needed. It can sometimes be difficult to find a company that one feels he or she can trust when getting started in drop shipping. So, being able to work with an established company like Salehoo is a plus for many business owners who are looking for a reputable service.
There are a wealth of products from which to choose. There is never a problem finding top brands on Salehoo. It boasts a very long list of name brand products. While it is true that there are other services that provide even larger selections of available products, the database of over 1.6 million products is adequate for many sellers.
Of course, the challenge with selling name brand products is that so many other people are also selling them. Savvy potential customers tend to be price conscious, and are constantly comparing prices against Amazon or even the manufacturer’s own website. Since it is easy for customers to search for and do price comparisons on name brand items, setting a competitive price for merchandise is always a challenge for drop shippers. This is one of the reasons that experienced sellers often prefer selling unbranded products over name brand products.
When considering the price of items purchased to sell, it is important to factor in all the costs. This includes the cost for using Salehoo itself. Salehoo offers a basic plan, as well as a premium plan that includes more services and features. However, neither plan is free to use. Many people who wish to start a business begin with a basic plan so that they can learn as they go. Then, they may upgrade when they feel the need to do so. Others feel, after doing their research, that going with the premium plan will give them more tools right up front so that they can achieve their business goals faster. Either way, the cost of the platform must be factored into business expenses and factored in when pricing products, in order to realize a profit.
It is important to note that there is a lot of competition among drop shipping businesses. Many business owners opt to sell their products on Amazon or eBay. Both of these platforms are quite crowded, making it a challenge to make your products stand out. Additionally, these platforms make it extremely simple for potential customers to compare prices so that they can choose the least expensive product. As such, some drop shippers opt to set themselves apart from the crowd, selling from their own storefront site instead. Of course, this method does require some marketing, advertising and branding efforts on the part of the business owner, but it can definitely work.