How to Start Your Own Merchandising Distribution Business With SaleHoo Wholesale Directory by John C. McPhersan
December 11, 2009 |
Ecommerce
Before starting your own Marketing and Promotion Distribution business, go online and sign up with SaleHoo. Search their packed directory of pre-vetted suppliers and manufacturers and get an idea of the types of wholesale products displayed for sale.
You will notice a great similarity between similar products from different suppliers. Another observation you can make is that the conventional marketing / sales sites are crowded. They have a variety of products along the same line; eg., sites like eBay under the toys category.
Using the current trends in marketing and promotions as guidelines; and joining SaleHoo, you can create a substantial; and I do mean substantial, profit for yourself.
The first thing you must do is select a product to sell. This is really not difficult. All you have to do is select something that is NOT currently for sale.
When calculating how much you should spend on marketing / promoting a product, you should have a retail price at least 3 to 5 times your cost. So if the item costs you 10¢, it should be sold for 30¢ to 50¢ retail. This ‘rule of thumb’ will allow you enough profit to reinvest into your business - AND - make a sizable profit for yourself.
NOTE: In order to locate the products you wish to market / promote, you can look over the various online catalogs of the suppliers / manufacturers on the SaleHoo website. After deciding on which products you wish to promote on the SaleHoo website, email each supplier / manufacturer that stocks the product you are interested in selling and request a catalog.
Have you noticed that I said ‘a product’ (singular)? There are many reasons for sticking to one and only one product in any category. The main reason is that you will have nothing to detract from it’s single purpose; ie., to sell your product. Of course, this ‘one item’ rule does not preclude selling different styles and sizes of the ‘one item’; eg., earrings; different styles, but all earrings.
Once you have selected your product, you must put it in your virtual store. Your observations will show you that most online stores looks pretty much the same as the others. To market and promote your products for sale, you should design and build a website yourself. Take a great deal of care in the construction of this website. Each page of the website should be unique. Use the same design theme, but make each page different.
REMEMBER: People are used to seeing ‘the same old stuff on the same old websites,’ so dare to be different. Use the SaleHoo directory for maximum impact and maximum profits.
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As Seen on BBC News, FORBES and CNN Money. See: Wholesale Dropshipping List (Platinum Edition) and Compare Wholesale Dropshipping Directory. John C. McPhersan was a professional purchaser for over 3 years, and has just recently started his own Online Business on eBay. Find out how he manages to profit well over $40k monthly with the use of turnkey wholesale dropshippers to grow his business. |



















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