• Product Sourcing For Amazon
    Business

    Product Sourcing For Amazon – How to Turn on Profits Like a Faucet

    Product sourcing for Amazon is a very effective strategy for making money in your eBay stores and auctions. Nevertheless, like any other business, it has its share of failures. If you ask any small business association throughout the world, they will tell you that 80% to 95% of businesses fail in their first year. Only 1% survive 5 years or more. Even if you use a low cost business strategy like getting your products from a wholesale dropship supply partner, doing the wrong things can still cause you to fail. Here are some key points you need to succeed.

    1. The wholesalers for Amazon sellers whom you work with must have a proven track record. They need to demonstrate that they understand the needs of Amazon sellers.

    • How does their program work?
    • What do they expect from you?
    • What can you expect from them?
    • How much will they pay you?
    • How will they pay you?
    • When will they pay you?

    2. Your wholesale dropship supply partner must have a proven track record for quick and accurate dropshipping.

    • What is their turnaround time to deliver a product to your customer?
    • What happens if your customer receives a damaged product?
    • What is their response if the product breaks down during the warranty period?
    • What delivery methods do they offer? Fed-Ex? UPS? US Post?

    Product Sourcing For Amazon

    3. You should sell what’s hot on Amazon today. You must find a product sourcing for eBay partner who can provide you with the best items to sell on Amazon. If this hot product is Britney Spears’ latest hit single, then find a good music CDs dropshipper.

    • What are the best items to sell on Amazon today?
    • Which are the best wholesalers for Amazon sellers for this product?
    • For seasonal products, is this a new model or was this model offered last year?

    4. You need to know how to sell your chosen products. If you do not have personal experience with the product, do some research online, or at the library. Ask your friends and family. Ask your product sourcing for Amazon partner. If you sell automatic cat litter boxes, ask for advice from your pet accessories dropshipper.

    • What are this product’s features and benefits?
    • Who are the target customers?
    • Who uses this product?
    • Who buys this product?
    • What are competing products or models?
    • How much is it sold elsewhere?
    • Where else is it available?
    • Who are your competitors?
    • How are your competitors selling this product?

    Using the sourcing products for Amazon strategy for your Amazon sales can be very rewarding. Once your business is up and running, you will be protected from the layoffs and downsizing that is part and parcel of working for somebody else. You will feel a great deal of personal satisfaction from successfully running your own business. You will finally have the power to change your lifestyle to spend more time with your friends and family.

  • How to Find Secret Amazon Wholesale Sources
    Business

    How to Find Secret Amazon Wholesale Sources

    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.

    How to Find Secret Amazon Wholesale Sources

    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?