It’s not a secret that finding secret Amazon wholesale sources could dramatically increase your profit margin when selling the products that they offer online. Buying products for 50% of their retail value but selling them on at full price is a great way to make money. And with virtually any product in any industry selling exceptionally well on Amazon it’s a tempting prospect for us all. The question is how do you go about finding these secret Amazon wholesale sources? If they are so secret then how can we know where they are?
Finding wholesalers is not a difficult job. In fact, you may not have been aware of this but there are likely to be a lot of them within a few miles of your own location. Many individuals will jump straight onto the internet to start searching using generalised terms such as ‘best wholesalers’ or ‘Amazon wholesale suppliers’. This can be a way of finding wholesale sources to suit your needs, but the top results are likely to be in highly competitive markets. More likely it will simply take hours of time, and even quite a lot of money in buying supposed lists of great suppliers.
Another trap that new Amazon businessmen or women often fall into is immediately looking overseas for their wholesale goods. It’s true that you might be able to find some incredibly cheap products in China that you could sell on for a massive profit. Buying from overseas is a great way to make money if you can source a reliable product.
An advantage of utilising these secret wholesale sources that are local to you is that you can build a face to face relationship with your supplier for Amazon sourcing. You can go to a physical location and see the products that you are buying before committing to purchase. It’s true; you won’t be able to source goods for as low a price as you might have had you gone overseas or to purely online wholesalers (though you’d be surprised what a little haggling and an offer to buy in bulk can achieve), but what better way to start out on your route to Amazon success?