How To Set Up A Business Relationship With Wholesale Suppliers When we want to start an online store we have to think about who will supply the products we are going to sell in our retail business. Product sourcing is the process where the online business owner research and contact several distribution companies in order to locate genuine wholesaler who may supply his business. This process must be done with a proper market research before to decide what kind of products have the best chance to sell in our store. For online retailers (and bricks and mortar retailers) is critical to understand how to work together with their wholesale suppliers in order to maximize the benefits of the relationship for both parties. One aspect of this relation implies that you must be (or have) a legal business before you can open a retailer account with wholesalers. You see, wholesale suppliers have to be very careful to make sure they don't open retail accounts to consumers. Why is that? if they are caught doing so, that would mean losing their taxexempt status. So in order that a wholesale supplier give you an account you must be a legal business, in fact this is one criterion that you can use to determine is a specific distributor is a real wholesaler or not. Think about the following, even if you are a legal retail business, don't you think that the wholesaler may think that you are not just because you did not present a professional image when you contacted him to ask for an retailer account? So, the more you can do to show a supplier that you are a serious business person, the more you will improve your chances of getting a retailer account with them. It's a good idea before you contact a wholesale supplier to request an account, that you register your business name, and also get a domain name (there are good registrars out there, Godaddy, Nameboy, etc.) and set up a professional email account. You must avoid contacting your potential wholesale distributor from a free email address; It's not the same to contact a supplier from firstname.lastname@example.org as email@example.com, believe me wholesale suppliers see free email addresses as a big red flag that you are not a real business. Again be professional and provide your business information upfront business name and sales tax ID (or reseller's certificate). Also in your email contacts use your spell check and include your title and business name under your email signature. So make sure that you always create a professional image that tells a wholesaler that you would be a good reseller to work with. Now, a lot of companies spend a ton of money on their sales pitch and advertising and not enough on research who will supply the products for their online store, this step is very critical in order to avoid suppliers that sound "too good to be true" because most often, they are just that. When browsing on Internet directories and investigating product sourcing companies make sure you ask for proof and come up with the best possible solutions to problems and concerns that you yourself have, in other words, you have to avoid the drop shipping and wholesale scams. A lot of product sourcing companies expect that you believe
that they are genuine and real drop shipping and wholesalers just because they have a fancy website, again don't let yourself be fooled because there is a lot of scammers on Internet and they are just "middlemen" between your business and real wholesalers. To find real wholesaler who will supply products for your store I want to propose you worlwidebrands website. WorlwideBrands.com’s staff have compiled more than 8 million product on virtually every market, or niche you can imagine, and each one of this products can be distributed to your store by a genuine wholesale supplier willing to work with you. Worldwide Brands wholesaler database is awaiting to give you instant access to real wholesale distributors for your online business. They offer also free training, so if you want to enjoy the benefits of a video series about dropshipping and over 20 hours of audio interviews with experts in the eCommerce and wholesale industry, then visit this special link, and for a LIMITED TIME, you can have Drop Ship Focus ABSOLUTELY FREE!
Published on Aug 27, 2009
How to work together with their wholesale suppliers in order to maximize the benefits of the relationship for both parties. Advantages of ge...