Saturday, October 28, 2006

Finding The Right Wholesale Supplier For Your Home Business

`Product sourcing research for wholesale suppliers can either make or break your home based business. There are a lot of companies willing to sell to your small home business that even have contracts out with larger companies but finding them is critical if you stand to compete in the internets speedy market.

Most people look through search engines and web directories trying to find a supplier or dealer of goods they can sell that will actually compete and all they get is a list full of middle men and scams. Fact is, those companies just do not have a budget to advertise their business to the little guy like you. This is why it seems like it is impossible to try and find a really good supplier with products that people want at competitive prices.

Your problem could be that you have been told how easy it is to operate an online retail store when in fact, real work is real work and there is no easy road or fast dollar that doesn’t come with a consequence. Some people try and target only drop shipping suppliers when in reality you can get even better prices and be more competitive if you just take the not so easy road and stock your own inventory by buying in bulk. Bulk wholesale suppliers can offer you a lot better price that you can compete with than any drop shipping supplier can.

People always ask me why they can find their product from another vendor for sale for almost the amount they are buying it for. They are being middled out of real profits, plain and simple. Not only do you have to find a real supplier, you really should consider buying from a bulk wholesaler. You’re probably thinking, “I don’t have a thousand dollars to make a minimum purchase from a bulk supplier!” I know of a lot of real bulk suppliers who have already agreed to do business with your small home based business and sell bulk orders to you with no minimum order.

If you really want to do business online and have this dream about having extra money on the side then you need to realize that it is actually a lot of work dealing with product sourcing, market research, product and site advertising, getting a legal business entity established (no real wholesale supplier will even do business without you being legal tax paying business), building and operating a website, and not to mention stocking an inventory. If you have the time and patience for what goes into running a legal home business and want to get started on the right foot then read more about what real product sourcing and market research is all about. For those of you who think you have a really good product but do not know how to promote it read my recent article about market research linked at bottom.


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