eCommerce on eBay has gone from selling home goods you no longer need to actual online entrepreneurs selling new quality goods. Over the years, eBay and its affiliates have built a loyal customer base; everyday thousands visit the site in search of one item or another. This has worked out very well for new users, as they have benefited from this and gained exposure to thousands of customers. So the potential for making money definitely exists on eBay. The same goes for Amazon.
But to make money selling on eBay or Amazon, you need products. Salehoo offers a wholesale directory of over 1.5 million products from thousands of suppliers. Founded in 2005, by Simon Slade and Mark Ling, Salehoo has become the go to marketplace for great products at wholesale prices.
What Do You Get?
For a recurring annual membership fee you receive access to:
• Over 8000 suppliers – These suppliers are screened by Salehoo and offer only legitimate whole prices.
• A very wide range of goods, including brand name items – Suppliers stock over 1.5 million products of over 150 categories.
• Salehoo’s Seller Training Center – eCommerce training on topics such as avoiding scams, bestsellers on eBay, and the pros and cons of drop shipping. Training materials are put together by an expert team.
• Salehoo’s Market Research Lab – Learn about product performance and product potential.
• Salehoo’s Community – There over 100,000 Salehoo members who keep the forum active and share tips and advice. There are also forum threads that keep you informed of scams such as Ripoffs and, Frauds and Complaints.
• Salehoo’s Store Builder – Choose from over 75 store templates, which includes built-in marketing features. No coding or web design skills are needed, and you can literally have your store up in no time.
What Are People Saying About it?
One of the first considerations for anyone selling a product is the expected profit margin. Salehoo works with suppliers who only deliver acceptable profit margins for their members. Members have reported drastic increases in profits after joining Salehoo and using their suppliers. Bulk orders offer a higher profit margin but not everyone can afford these, especially if you’re just starting out.
Most online store owners will admit that finding reputable suppliers is always a headache. There seems to be more scammers than genuine wholesalers. Salehoo takes the stress out of this by verifying all suppliers before they enter the database.
Support services at Salehoo received positive reviews. There is prompt email support as well as a toll free number to call. The forums are always very active and provide additional educational recourses in the form of questions and answers on eCommerce topics, as well as success stories from experienced sellers.
There have not been any complaints about not finding products to sell. With the vast amount of products, there is always something to find. Although, members felt there should be more organisation of the suppliers and their products by having more subcategories. Or in the instances when you would like to deal with a company that offers specific terms such as 1-2 day shipping, there is no way to perform a search for this. You would need to contact the companies directly to ascertain this.
There is information on each and every supplier; information such as minimum orders, where and how they ship, and general background information on the company. An important aspect of this is the Powerseller and user reviews. These reviews detail the experiences of Salehoo members with the suppliers. They give an inside look of how the companies operate and how their practices can affect your online business for the good or the bad.
Not all suppliers post their wholesale prices. Some members did not agree with this because it is time intensive to contact suppliers to query wholesale prices, especially when their prices mean you’re not interested. Then you’ve just wasted your time. Powerseller reviews do help with this because some members write about wholesale prices and expected profit margins in their reviews.
The majority of members agreed that the research tools and training resources have become more robust, in terms of both volume and educational importance, they provided excellent value.
Is It A Scam?
Salehoo is an established company and many members report significant profits and great experiences.
Although, each supplier is verified, great relationships are not guaranteed. Shipping policies may change making your drop shipment late and this will reflect on you business. So it is for you to do your due diligence and do this constantly. And of course, your own marketing efforts and products chosen will determine your success.
Salehoo is great for beginners. They will have some ground to cover, but the educational and business resources are great for new sellers wanting to learn how to profit in eCommerce.
Where Can You Join?
The purchase of the annual membership fee comes with a 60 day money back guarantee when you become a member of Salehoo through its official site.
Post your comments and questions about Salehoo in the comment thread below.
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