subject: Leading Online Wholesaler Salehoo Teaches You How To Open Your Own Web E - Store [print this page] Since 2005, New-Zealand based Salehoo has been in the business of acting as liaison between the wholesaling supply world and those looking for a way to start a home-based online retailing business.
Salehoo now commands a digital community with a population of close to 100,000, including nearly 10,000 international wholesale suppliers who have met their stringent standards for reliability and integrity. In turn, Salehoo has had to meet some stringent standards of their own: They have earned top ratings from the Better Business Bureau and have a development partnership with eBay. Indeed, Salehoo is such a legitimate way to learn online wholesaling, their annual fee is tax deductible.
Because so many of Salehoo's suppliers are drop shippers, their comprehensive guidance and market research resources make it possible for you to get started in online wholesaling without making major investments of either money or inventory. Once you've located a hot product and a drop shipper who can supply it, you do the drop shipper's marketing in exchange for them doing your warehousing and shipping: You set the retail price, advertise the product online, receive payment for the order, pay the drop shipper his wholesale price, and pocket the difference -- well, most of the difference.
If you sell your products through eBay or the other online sites, they take an advertising fee of four to nine per cent of the sale. Even more troublesome, unique visitors at eBay has slackened considerably, from 133 million in 2009 to 72 million in 2011. With softer demand, online sellers are forced to reduce their prices -- and even worse, having to compete with thousands of other online sellers may force you to drop your price even further. This trend has not escaped Salehoo's notice, and they have come up with a response.
For the price of a domain name and a low monthly fee, you can learn how to open a store online through their Salehoo Stores initiative. It offers ecommerce software and SEO-optimized templates that can be set up in minutes. No programming knowledge is needed. And if you don't know what to sell or don't have inventory, two of the three Salehoo Stores plans give you access to their directory of drop shippers!
If you're going to invest time and startup money into running a Web e-store, you might as well invest your efforts in driving customer traffic to one on your own domain. You can build online real estate equity, there's no direct competition from other sellers, and there are no extra fees eating into your profit margin! You can find out more at http://www.smartpassiveincomeideas.com/salehoo-web-e-store-online-store-tutorial.
by: Adrienne Collier
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