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Facts & Figures

Facts & Figures

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Finding True Wholesale Prices–How Can You Know for Sure?


Finding real wholesale product so sell online . . .

Finding wholesale products suppliers and finding true wholesale prices is actually incredibly easy. Sorry, I know this is a problem for many–perhaps you–who want to try their hand eBay or home ecommerce or selling at flea markets. Even though this may be easy for me, it may not be so easy for you, and believe me, I feel your pain! I have been there.

Keep in mind that true wholesale businesses are licensed to distribute products from manufacturers without charging sales tax. The prices they set are the true wholesale prices as they are the authorizied distributor. Although many wholesalers may still require minimum bulk purchases, more and more are willing to sell in single unit quantities. However, the prices for single units will always be higher than if you buy in bulk. That is just the nature of the business. Therefore, the best way to know the exact true wholesale price is to have an account with one or more wholesale distributors to specialize in your product line.

If you set up accounts with real wholesalers, you will be given phone and email access to your own personal sales rep. That, in turn, will allow you to know the day to day prices for any given product. Some big wholesalers, such as DBL mark their clearance well below their normal single unit wholesale price. However, you would never know about this without an account.

But what if you don’t have any accounts with real wholesale businesses? You can still get an accurate idea of wholesale prices doing researching venues that sell to the public at wholesale or near wholesale prices. Some examples . . . Ebay, Walmart, Best Buy. Most popular consumer goods are sold on eBay at or below wholesale cost. EBay is a wholesale selling environment, not a retail environment as many might suppose. Check the selling or buy it now prices, and this will generally give you a wholesale or below wholesale price. In some cases as with dvds, sellers offer buy it now prices well below wholesale and take a loss. Walmart sale prices also give you a good idea of wholesale price, and the same is true for Best Buy. Check the prices on Best Buy sale items, and I guarantee that you are seeing wholesale prices. Possibly even below if they ar liquidating stock.

So there you have it. This is not mysterious. It can be made to seem mysterious by marketers who have something to gain from your confusion.

If you would rather not mess with the work of finding products suppliers, there are some good online wholesale memberships that will give you literally thousands of resources. Try Salehoo or Aid and Trade, for example. For a modest fee, our sister site at Elite Product Sourcing will even generate a custom list for you based on your specific needs.

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