How to Find Hot Products and Major Wholesale Distributors

12 replies
  • ECOMMERCE
  • |
How do you guys go about finding hot items that are sought after and selling quickly with great profit margins? How do you get in touch with major US Wholesale Distributors in order to source inventory? Is there a list or directory of all legitimate Major US Wholesale Distributors?
#distributors #find #hot #major #products #wholesale
Avatar of Unregistered
  • Profile picture of the author dave_hermansen
    Generally speaking, you aren't going to find a ton of "hot" products that have great margins with U.S. distributors, although the jewelry niche might be one of the few exceptions. Great margins come from Chinese suppliers.

    There are plenty of pretenders out there with wholesale directories but if you are going to buy in bulk anyway, why not call the brands, themselves, in the USA? That's where you will get the best margins and they usually have no problem selling to anyone who has a tax ID and can meet their MOQs. They definitely will tell you who their authorized distributors are if you ask, too.
    Signature
    StoreCoach.com- Learn How to Dropship the Right Way - Buy & Sell Websites - Partner with Coach
    My PROVEN ecommerce process, as seen on: Fox News, the NY Times & Flippa
    {{ DiscussionBoard.errors[11400769].message }}
    • Profile picture of the author DURABLEOILCOM
      When choosing a product what % margin of profit should you be receiving off every sale to be successful? Do you need to make 20% or more? What is the rule of thumb?
      {{ DiscussionBoard.errors[11403981].message }}
      • Profile picture of the author dave_hermansen
        Originally Posted by DURABLEOILCOM View Post

        When choosing a product what % margin of profit should you be receiving off every sale to be successful? Do you need to make 20% or more? What is the rule of thumb?
        We don't look at profit margins as much as we look at profit per order. Would you rather be selling something that cost $1,500 that had a 10% margin ($150 profit) or something that costs $10 that has a 50% margin ($5). That person with the 50% margin has to do 30 times more work, processing orders, to make the same money as the person with the 10% margin.

        Of course, it's probably easier to sell something that costs $10 vs. something that costs $1,500 but when the actual profit per order is too low, there is no profit left over for advertising, making it much harder to market the product.
        Signature
        StoreCoach.com- Learn How to Dropship the Right Way - Buy & Sell Websites - Partner with Coach
        My PROVEN ecommerce process, as seen on: Fox News, the NY Times & Flippa
        {{ DiscussionBoard.errors[11404227].message }}
        • Profile picture of the author DURABLEOILCOM
          I have some companies that are requesting a corporate email address in order to get started with their Wholesale program, where can I get an official corporate email address from?
          {{ DiscussionBoard.errors[11404916].message }}
          • Profile picture of the author dave_hermansen
            Originally Posted by DURABLEOILCOM View Post

            I have some companies that are requesting a corporate email address in order to get started with their Wholesale program, where can I get an official corporate email address from?
            The company that hosts your domain (the place where you bought the domain name from) is certainly one place to get it. If your site is on WordPress, you can set one up in cPanel, too.
            Signature
            StoreCoach.com- Learn How to Dropship the Right Way - Buy & Sell Websites - Partner with Coach
            My PROVEN ecommerce process, as seen on: Fox News, the NY Times & Flippa
            {{ DiscussionBoard.errors[11404960].message }}
  • Profile picture of the author redone111
    You can use tool called watchcount to find what sell best and about margin with USA Wholesaler there ar many hard thing like they ask you for taxes documents and llc if you have to accept work with you but chines one easy to work with and profit margin better
    {{ DiscussionBoard.errors[11405193].message }}
    • Profile picture of the author dave_hermansen
      Originally Posted by redone111 View Post

      You can use tool called watchcount to find what sell best and about margin with USA Wholesaler there ar many hard thing like they ask you for taxes documents and llc if you have to accept work with you but chines one easy to work with and profit margin better
      While that is true, for many people and product niches, a recognizable brand name is very important. Sourcing from China gives you nothing but unrecognizable brands and many Americans are hesitant about ordering a no-name, no-brand Chinese product.The shipping times are also ridiculously long.

      I get it if your business is not located in the USA. You really have very little choice because incorporating in the USA is not the easiest thing in the world and it is next to impossible to get a U.S. bank account meaning further loss of profits due to currency conversion issues. For anyone who IS located in the United States, sourcing products that are shipped from America - especially if they are "Made in the USA" - is highly preferable and especially if you are dropshipping.
      Signature
      StoreCoach.com- Learn How to Dropship the Right Way - Buy & Sell Websites - Partner with Coach
      My PROVEN ecommerce process, as seen on: Fox News, the NY Times & Flippa
      {{ DiscussionBoard.errors[11411717].message }}
  • Profile picture of the author rubylulu
    Here is a list of questions you should ask yourself to find your best niche:
    1: Are the products wanted? The products should provide much value at a bargain price.
    2: Does the niche appeal to a small, specialized section of the population?Have a particular part of the audience under focus, instead of competition with numerous companies.
    3: Are there any comparable products offered by other stores both offline and online? Do they have similar functionality and prices? Don't offer routine, follow the strategy of divergence instead.
    4: Will the products be much-needed with the determined end-user prices that include 100% of margin? Profit is must-have. Be aware to calculate it.
    5: What is the target audience of the niche?
    6: Know your client to find the right instrument to reach him/her and sort out of a mass.
    Signature
    Chinabrands is an established leading global drop shipping platform that goes with offering thousands of the most popular products .
    {{ DiscussionBoard.errors[11411618].message }}
  • Profile picture of the author DURABLEOILCOM
    The distributor I am working with offered to allow me to drop ship through them, my only question is which business model allows larger profit buying wholesale then reselling or Dropshipping?
    {{ DiscussionBoard.errors[11414811].message }}
  • Profile picture of the author DURABLEOILCOM
    How do you set Ebay and Amazon to not accept Returns or If I can not set to No Returns Set Restocking Fees, and have Customers pay return shipping in case Returns are made.
    {{ DiscussionBoard.errors[11418322].message }}
  • Profile picture of the author rubylulu
    Wholesalecentral - A professional wholesaler directory website, you can find many American, or Asian wholesale distributors.
    Signature
    Chinabrands is an established leading global drop shipping platform that goes with offering thousands of the most popular products .
    {{ DiscussionBoard.errors[11421343].message }}
  • Originally Posted by DURABLEOILCOM View Post

    How do you guys go about finding hot items that are sought after and selling quickly with great profit margins? How do you get in touch with major US Wholesale Distributors in order to source inventory? Is there a list or directory of all legitimate Major US Wholesale Distributors?

    Didn't you post the same thing just a few months ago?


    https://www.warriorforum.com/ecommer...s-systems.html


    Are you just cycling your regular questions now into new posts every few months?
    Signature

    Donate Now: Help the Warrior Forum Come out of it's 3rd world state!

    {{ DiscussionBoard.errors[11422505].message }}
Avatar of Unregistered

Trending Topics