Introduction Set Up Your SaleHoo Marketplace Lab for Ebay Comparisons
The rise of e-commerce has been happening since the advent of the net. Because it’s been in place for so long, many business models are developing to form the backbone of this growing business.
Some of these are wholesaling and drop shipping. Now, wholesale is something that most people are already familiar with: it is buying things in bulk. If you are reading this review, then you are probably considering going into drop shipping or even already searching for ways to help you with this business model.
First off, just what is drop shipping?
Dropshipping is a retail business model where the seller does not maintain its products in stock. The products aren’t stored in the vendor’s warehouse, not even in an office. Instead of directly shipping items for every single purchase, the online store purchases the product from a third party which would be the one to send the product to the customer. Consider drop shipping as being an intermediary for the purchaser and the direct seller of the goods. Too much? Maybe this video explanation from YT user Oberlo can help.
Online stores that choose the drop shipping business model are given many benefits over conventional sellers aside from eliminating the need to invest on materials, tools, and storage area. A laptop and an internet connection can technically be all that forms the shallow entry barrier for online shops that choose the drop shipping business model.
Additionally, it suggests that they won’t need to purchase from suppliers beforehand, as it is only necessary when a purchase is completed. All of these, coupled with the fact that extra working staff isn’t an immediate requirement, translate to simple scalability for a small business. This is because all the pressure for making up products is only on the supplier. Set Up Your SaleHoo Marketplace Lab for Ebay Comparisons
How does Salehoo factor into this?
To make things simple, Salehoo functions as a tool for researching products, maintaining a directory of providers, as well as reaching out to other drop shippers, wholesalers, and suppliers for e-commerce.
It’s wonderful to know that one of those co-founders, Simon Slade, had previous experience in online selling. According to him, he found it hard to locate wholesalers that were willing to associate with new business startups
Features: What Exactly can SaleHoo Provide You?
Let’s start with where you’d be most of the time on the program. SaleHoo’s dashboard has one job that it does well: helping you keep your stuff organized. It can keep an eye on all of your suppliers, products which you’ve been tracking for a while, and advancement on your training (more on that later).
Apart from providing an overview of your action, you can also read and respond to messages in the dashboard. All kinds of providers can be contacted through here, from wholesalers to drop ship suppliers, just as long as they meet the requirements to be part of SaleHoo’s network. With just a few clicks, you can then reach the inbox of any supplier that will pass SaleHoo’s requirements.
The messaging that SaleHoo provides is also not just the app version of your normal e-mailing service. It’s very much designed to be for buying and selling. You can see this by the message templates available for users, which can be used for most reasons for users to contact a provider and vice versa.
Choose Among a Large Pool of Suppliers
SaleHoo’s most important selling point, of course, is their broad selection of suppliers. When it comes to sourcing products for business, the main thing is finding a distribution partner which you can trust. SaleHoo takes care of this for you, as it provides its users providers for a wide range of viable products all ready for a transaction.
SaleHoo users can choose from more than 1000 screened and verified dropship suppliers. All these businesses have passed SaleHoo’s assessment and feature the standard of quality that SaleHoo promises. In this way, users can be surethat they won’t be handing over their money to bogus suppliers.
A summary of each drop shipper’s most important details could be viewed upfront. These details include contact information, merchandise price range, information on their products, reviews from other users, in addition to shipping information.
No matter what sort of product you would like to sell, there’s likely a drop shipping company that offers what you want. SaleHoo’s suppliers cover a vast assortment of categories like Clothing, Gym Equipment, Antiques, Electronics, and a lot more.
Catering to the domestic or the global market can be done easily through SaleHoo. Those in countries with limited suppliers will also benefit primarily from SaleHoo, as global drop shipping companies can be accessed through SaleHoo without hassle.
SaleHoo has even more wholesale providers in store for users who have over 8,000 accessible. Because of this sheer number of suppliers, an even more extensive range of products are available to users. The prices of products from these providers also come at their original wholesale prices, sometimes even less. This will give users an even more significant potential profit margin for their companies.
However, users need to be more specific with wholesale providers when it comes to order than they ought to be with drop shipping suppliers. This is because ordering wholesale means that products would be ordered from them in advance of the sale. Purchasing wholesale also includes checking for minimum product order, which varies between suppliers. However, SaleHoo makes this job easier and easier for users.
You’ll be Protected from Fakes and Knockoff Products.
That providers of very well known major brands are up for trade is the best thing about SaleHoo. This is especially great for those who are wanting to set up shop (so to speak) online through social networking or e-commerce platforms such as eBay and Amazon.
In reality, finding the suppliers of famous brands and buying products from them may be hard. The possibility of buying fake products is also higher as they would probably be unbranded. Fakes are very dangerous for company, as you’d be letting down your clients and you will likely get bad reviews. Transactions which are stricter can even land you a litigation for unknowingly selling fake products.
That SaleHoo will be the ones who will screen suppliers and their products is enough reason to consider them worth the money. All suppliers on SaleHoo are all verified through a stringent process to show that they’re offering the real thing. SaleHoo users do not need to worry about getting knockoff goods and having their reputation ruined.
I think that this reassurance is the most fantastic thing that SaleHoo can provide its users. It would be a lot harder to verify suppliers on your own, especially if you’re new to e-commerce. Set Up Your SaleHoo Marketplace Lab for Ebay Comparisons
SaleHoo’s Research Lab
SaleHoo proves that they are more than only a communication platform for suppliers and online stores as they keep tabs on the millions of products on their directory to offer insight to users concerning the trends in orders and help them secure the items with the most profit possible.The market research can change depending upon the country and its money, but they’re extremely accurate for the most part.
You might think that selling products that are already being sold by many online stores is terrible as you are getting yourself in lots of competition. Think again. SaleHoo has this stress covered, as it can provide the sell rate and competition information. This means that you can also view products which would have fewer competitors. This also means you could avoid going into saturated markets if you’re not confident enough.
Apart from this, users will also receive month-by-month sales reports. Data from these reports can help users spot trends before the competition does. The reports will include the amounts on the following criteria:
Frequency of being recorded
It’s a given that standard online advertising businesses will involve a little more risk compared to a drop shipping business model. However, there are still ropes that you need to learn and issues to keep an eye out for such as scams, mishandling of goods, and many more.
Although SaleHoo already manages the supplier and product verification process, a SaleHoo subscription also comes free with helpful guides to further help users through their ventures.
These beginner guides are aimed at users that are entirely new to setting up an online store. The training and support that SaleHoo provides ranges from text guides to videos. A group of specialists from SaleHoo write and narrate them. You can guarantee that these experts have a ton of experience in managing and conducting successful e-commerce businesses.
This fantastic beginner guide is also very comprehensive, covering several topics in 50 parts. They even have guides for users that are thinking about using platforms such as eBay and Amazon for their companies.
You may also get support and tips from fellow online vendors through SaleHoo’s forum for users. The forum has over 60,000 posts, with the subjects including selling tactics, spotting trends, suggestions for many sorts of product categories, and a lot more. Set Up Your SaleHoo Marketplace Lab for Ebay Comparisons
What’s even better is that SaleHoo will just charge you an annual flat rate of only $67. No hidden fees, no basic and premium programs. You’ve got access to everything that SaleHoo provides for only 67 bucks annually.
Now, this is one of those things which are true even if they seem too good. All the tools that SaleHoo supplies, as well as the free training manuals and excellent community support will be available to you for just 67%.
The other thing they do is over-deliver concerning customer service and free training. They wish to assist you get your drop shipping company up and running, and it shows because they put in the effort.
SaleHoo embodies what an ideal startup directory should be. They have 2.5 million products, 8000 suppliers and a user-friendly platform. They supply you with a ‘safe space’ to find decent and respectable suppliers. There are more extensive directories but none that provide the same level of support and service as SaleHoo.
I give two thumbs up. This fantastic service from New Zealand takes care of a lot of the hassle and stress that comes from online selling. They’ve simplified the already simple procedure of drop shipping by validating the genuineness of goods and suppliers on their platform.
Aside from that, they even took it upon themselves to help their users succeed in their online business ventures through the helpful guides and the community forum where users can learn a lot from. You can be sure that transactions from SaleHoo will be with suppliers offering the real deal.
It is somewhat nitpicky at this point, but the only thing which SaleHoo likely can improve on is the number of providers that they have on the platform. The wholesalers sit fine at 8,000, but the amount on the drop shipping suppliers is quite low. This could be more than forgivable if you consider that SaleHoo prioritizes getting legit providers. But, it’s something which can make an already fantastic service even better.
FAQ Set Up Your SaleHoo Marketplace Lab for Ebay Comparisons
Q: Does SaleHoo take care of the delivery?
A: No, but you can speak to the supplier concerning the delivery.
Q: Does SaleHoo offer a free trial?
A: They only offer a $1 trial valid for 7 days. Afterwhich, the $67 flat rate will be billed.
Q: Does SaleHoo offer refunds for the subscription fee?
A: Yes. They offer a 100% money-back guarantee within 60 days of subscribing.