dropshipping

eBay To Ban Wholesale & Dropshipping Lists

Breaking News!
eBay have just announced that from the 1st September they will be banning the sale of all Wholesale and Dropshipping lists for the auction site.

This news comes as part of a routine clean up that eBay carry out once in a while, the have not stated the reason for this ban but I would guess that this type of material gets more than its fair share of complaints to eBay and so from time to time they remove the worst offenders.
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The issue with Dropshipping and Wholesale lists on eBay is that they are generally sold by people looking for some easy money and they are nothing more than a word document with some website addresses on, quite often they are out dated and some of the links don’t work or the sites no longer exist. There is usually nothing of any value in them and a simple Google seach would generate the same if not better results.

So in my opinion this is a good move by eBay, Wholesale and Dropshipping contacts are a very important part of creating a business online and you need to ask yourself if someone is selling a whole list of contacts for 99p or $2.49 what is the value of the information? The answer is zero!

I have built relationships with wholesale suppliers over years, and finding the right ones that are reliable and profitable takes allot of time and effort, screening the not so good ones, picking out the un reliable ones and looking for suppliers that have quality products means that a good one comes along once in every hundred and can be anywhere in the world.

My own suppliers that I have used to build many eBay and eCommerce businesses were found in the US, Europe, China, the UK and are a result of years worth of work and if I offer access to them it will not be for 99p or $2.49. All things being equal they should cost thousands as they offer the opportunity to build your own lifestyle business where you can work when you want to, from any country you want to and for as long as you want to. How much is that worth? Well the truth is that you cant put a price on it so we have to be realistic and the main reason I started Wholesale Help 5 years ago was to help people like me to build their new future and get the chance to live how they want to and not how they have to.

So I don’t offer a wholesale list, I dont have 7 pages of web pages, I have contacts from all over the world that I have worked for over 7 years to build, that I have personally tested and made money from and still do today. If you would like access to this you have to pay more than 99p or $2.49 but maybe not as much as you might think.

If you would like my personal help and my personal contacts to build your online business and create your new lifestyle then take a look at the Gold Membership here.

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4 Years and 27,485 views later..

I think it’s time for an update 🙂

4 years ago I created a YouTube video about finding Wholesale & Dropshipping suppliers, you might have watched it.

Things move fast in this business and some of the sites mentioned in the video are no longer relevant and so it’s time for an update.

Not only that I have loads more info to share, more sites, more tips and so it’s ended up being three videos long!

I’m going into detail about all aspects of finding the right supplier online and which is best for you. Part 1 is live now, I know you’re going to find it useful.

All I ask is one thing, if you appreciate the info please click the thumbs up button on the bottom left of the video to like it, this will help show others that its useful info.

Below are the sites mentioned in the video:

Simply Wholesale.co.uk -coupon code: 6FAFA

Salehoo.com

Wholesale Designer Handbags

If you haven’t subscribed to my YouTube channel you can do that there too so you will be notified when part 2 and 3 are released over the next few weeks.

The subscribe button is on the top left hand side of the video.

If you have any questions you can leave a comment below the video, you can also share it on Twitter and Facebook with the share button under the video which would be great too!

Readers Questions: Dropship or Wholesale?

This question comes from Mike via YouTube, Mike writes:

I’m 14 and trying to set up an online aquatic store selling aquariums and all the accessories including filters and heater but im stuck. Im not sure whether to use drop shipping or wholesale. Im living at home still obviously meaning I don’t really have alot of money for a warehouse but I do have a garage the size of a bungalow not used so I could try and use that and when I get back from school at 4.00pm I could get the addresses and run up to the village post-office everyday before 5pm, which will be a task. But where can I find wholesale companys that sell aquatic products?

Dropshipping was an idea but I don’t feel its that flexible. I would like my logo on the box not Doba or whatever company and I would also like to have different delivery ideas. I’m also not sure whether I can trust the company’s. I was put off Doba when I found out that the support is a bot and that you have to put in your credit card details just for free trial. Could you help me please
Thanks
MIKE

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Thanks for getting in touch Mike, it sounds like you have thought this through quite well and have made some pretty good observations.

In this situation I think budget is more important then space, a big double garage is more than enough room to carry enough stock to get started, a wearhouse only comes later when you want to offer a bigger range of stock but for now a garage is plenty, you could even set up a table and shelves in the corner and have a packing bench with brown tape and boxes set up so you are ready to go when you come home each day, once you have packed a few up you should find it pretty quick and if you can’t make the post that day it’s not the end of the world, a two day turnaround is perfectly fine in most cases.

So that’s the space point taken care of the next issue to tackle is budget, being 14 I can understand that this is going to be the hard part. Normally I would suggest a minimum of a £200 first order to start with, but in your case if you can get together £50 that should get you a few of the smaller things to start with and then you can keep re-investing the money back into stock so you can build up your stock levels.

In this situation where money is short I would say that DropShipping might be a good idea, as I have said in the past it doesn’t have as big profit margins but it does mean you can advertise many items without paying for them up front. If you did this for a few months you could then build up enough money for your first wholesale order. Then keep building as mentioned above.

This will also give you time to work out what are the most popular selling items so when you do come to investing larger sums of money you will have a better idea of what you should buy, this is important as you don’t want money tied up in stock that is taking a long time to sell, it’s just dead money then. So you need to be always looking for popular items that you can turn around quickly and keep the money flowing, that is the key.

Once you have been trading well for a long time you can afford to buy much bigger quantities of stock and then it wont matter so much if some stock take a while to move as you will always have other items moving too.

You mentioned that you weren’t sure about DropShipping because of not having your logo on the box, I understand your point, it’s important to have a strong branding awareness but if you think about Dropshipping as a stepping stone to bigger things it’s not much of a compromise to have non branded boxes delivering products for a few months while you build up your investment capital. You are lucky enough to be starting young so you have plenty of time to build your aquatic store empire!

It’s a great time to learn the ropes as you go and understand the business so when you do have a big warehouse you will know everything about your market because you started from the very beginning and built up with solid foundations.

Next you mentioned that you weren’t sure if you could trust the suppliers, again this is a very sensible approach, it is good to be cautious when dealing with a supplier for the first time, there are many scammers out there waiting to take your hard earned money so you should always check out the supplier first as much as possible and try to get recommendations from other businesses that have already used them.

These desisions you make now will decide how your business will perform for years to come so take your time and get the basics right first because a well built company will be around for a long time, one that was started too quickly with a bad supplier and poor products will not last long.

Lastly is your question where can I find a safe and profitable wholesale supplier? – This Mike is the $100,0000 question and by far the MOST asked question in the 4 year history of this site. So I decided to build a definitive list of the top wholesale suppliers around the world, it is my own personal contacts I have used over the last seven years of building businesses online. Each one has a run down of their strengths and my own personal recommendation that they are tried and tested as being safe and profitable. UK contacts, USA and the far East for Importing too. It is continually being updated as I find new safe suppliers that are verified and tested.

So it’s a blatant plug for my Gold membership Mike but that’s because it’s an amazing resource it does have pet and aquatic supply contacts. I needed to put this information into the paid area as it’s my own personal black book of contacts and I can only share it with those whom are serious about building a profitable business and I can’t afford to keep it out in public.

So if you want to make use of the Gold membership it is a one time payment of £37.95, no monthly subscription. Lifetime access for a one time cost. https://wholesale-help.com/gold-level-access/

If you haven’t already you can get free Silver level membership by clicking on any of the menu items above and it will take you to my free registration page.

I hope this has been helpful Mike, and good luck with the new business.

Andy

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DropShipping 101

OK, this is just a quick overview for the tons of people asking about DropShipping.

If you would like the full SP you can read my ebook “DropShipping Revealed” which is available for free when you subscribe to the Wholesale Help Newsletter at the top right of this website.

Some Of the questions:

What Is it? – You offer stock for sale, and someone else ships it to your customer when it sells.

Why? – No money tied up in stock, no storage issues with large amounts of stock, no risk, no hassle, you get to test a market before investing in it.

Is it legal? – Yes!

Would You recommend it? – Yes, in certain situations it’s a very good idea.

Any drawbacks? – Stock is slightly more expensive than buying in the traditional way so less profit but thats the price you pay for the convenience.

Thats the short and sweet version – For the longer version subscribe to the Wholesale Help newsletter at the top of the page.

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Importing – Safety Standards

Yaaaaawn!!

Yes, I know!! It sounds like a dull subject and to be brutally honest it’s not the most thrilling but it just might save you allot of hassle, trouble, heartache and money in the future if you are looking to import stock to sell online or locally.

So, what da hell am I going on about? Well my potential money makers, safety standards are what all products for sale have to adhere to so that they can be sold in our countries. As usual depending on what country you come from will depend on how strict the safety standards are but I can only speak from the UK perspective as this is where I am from and what I know most about. In the UK we have a kite mark and a lion symbol for children’s toys. These marks show that the products have been tested by the national body that governs these things and they have passed them as safe.
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