Chinese Wholesalers a Profitable Resource for eBay Sellers
Business → Auctions / Classifieds
- Author John Kovanski
- Published March 12, 2007
- Word count 627
Los Angeles, CA February 9, 2007 - China is quickly becoming a popular source of products for eBay sellers as they struggle to compete online. Wholesale sources in sellers own countries are being abandoned as sellers find that discounts are not large enough to make reselling on eBay profitable. eBay sellers believe Chinese sources offer them much better prices on popular products, giving them a faster route to eBay success.
Popular online wholesale directory SaleHoo has noticed the demand for Chinese wholesales and manufacturers increase over the past year. Representative Chad Thompson says: Many people are frustrated by eBays fee increases and the huge competition on eBay. Chinese wholesalers can offer very cheap prices for items and sellers can start making the profits they need to counteract their costs. SaleHoo says it has been able to find some excellent Chinese wholesalers and manufacturers, which they are included in their members only directory.
Chinas growing economy has been the subject of much discussion recently. At this stage, its burgeoning industry means manufacturing costs are very low. This is good news for eBay sellers who are able to purchase products at a very low price per unit and sell them for a good profit on eBay even after shipping costs are taken into consideration.
SaleHoos wholesale directory has over 30,000 members many of whom sell on eBay. While traditional wholesalers still work for some, staff have noticed that the demand for Chinese wholesalers has surged enormously in the last 12 months. There is also a parallel demand for information on how to deal with Chinese wholesalers and how to organize shipping and so forth, says Thompson, Its a much bigger, scarier game when you are spending thousands of dollars with a foreign company, rather than a few hundred to one not very far away.
But not all eBay sellers are keen on this supply method. Some say they have been put off buying from China after hearing stories of thousands of dollars being lost when an unfortunate buyer purchased off a fraudulent wholesale site. Thompson says that while this does happen, problems like this can easily be avoided if buyers take more care to check up on the background of the site. Unfortunately, many people just see the dollar signs and dont take the time to consider why the prices might be a lot lower than others they have seen so far, he says. Paying by un-secure methods such as Western Union and wire transfer also gets people into trouble as there is no way of getting their money back.
SaleHoo performs background checks on all Chinese wholesale sites in their directory, so members are guaranteed a safe transaction. As for wholesale sites found outside of the directory, SaleHoo recommends performing thorough research before making a purchase. The site advises sellers to contact the supplier by phone and ask for a sample before ordering. SaleHoo members also get the benefit of being able to ask staff and other members about a supplier on the forum, says Thompson. This is invaluable when they come across a new site that looks good, but arent sure of the reputation.
Thompson also suggests doing a general search engine search for the name of the company. If any one has had any problems with the company, you should quickly find out! He says.
SaleHoo believes that Chinese suppliers are definitely the way of the future for eBay sellers and as this method of supply becomes more common, better data will be available on Chinese companies, shipping costs, importing regulations, and so forth. Its always hard work to blaze a new trail, says Thompson, But those who get in now and do their homework properly will benefit the most in the long run.
Directly access the Salehoo catalogue below:
John Kovanski.
Direct access to heavily discounted products catalogue
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Accelerate Your Business Expansion in China with Ready Mailing Team’s Comprehensive Business Email Database List
- The Freedom and Challenges of Freelancing: Navigating the Modern Work Landscape
- How to Know When Your Artwork is Good Enough to Sell
- The Differences between French and British Pocket Watches
- A Quick Summary of Antique French Silver and its Hallmarks
- ASTRO ONLINE AUCTIONS REINVENTED.
- Ten Questions to Ask a Listing Agent
- 5 Types of Stairs to Suit Your Dream House
- Organizing Estate Sales For Higher Profits
- Taking the Best Advantage of Free Classified Sites
- Online Classified Ads - The Benefits
- The Basics of Estate Auctions
- Top 5 Essential Motorhome Accessories
- Never ending market of pharmaceutical companies explored by MR
- Charity Auctions Still Deliver for Fundraising
- Effective Free Classifieds Advertising for Business Success
- Rewards and short-comings of software’s used for accounting purposes and their impact on CPA firms
- Smokoo auctions are real
- Everything you need to know about free adds
- Post free classified ads – is it easy to sell or buy anything for free?
- Become One of eBay's Most Illustrious Powersellers!
- 7 Niches for eBay That Make A Profit
- Have Old Baby Items? Sell them Online Australia
- Real Time Search Engines – new faces of search engines
- Search Engine – everything on your tip
- The Growth of the Australian Online Auction Marketplace
- Repossessed Boats – Cut Out the Dealer and Get the Best Deal on Repo Boats
- Points to remember while buying online
- Tips To Build A Profitable eBay Business
- Tips For Discovering Ideal Cosplay Costume