How To Find True Wholesale Prices?

Finding wholesale suppliers is actually easy, provided you have the experience and that you are able to know when you are receiving a true wholesale price. If you want to source products for your online business, I think that you will find relief if someone who has been out there in the field locating the best wholesale distributors gives you a hand.

Getting a legitimate wholesale supplier is just matter of knowing where to look for and where don't even ask for advice. There are some few guidelines that will help you to find real wholesale distribution companies. Keep in mind that true wholesale companies do not always advertise on the Internet and nor are many really concerned with an Internet presence, the point I'm trying to make is that if you confine your search only to the Internet, you may end with very bad surprises. Before you start looking for drop ship and wholesaler suppliers, it is important to arm yourself with some basic information that will save you time, money, and frustration.

There are a lot of scam artists on Internet that want you to THINK they are wholesale drop shippers. What they do is they set up accounts with, for example, 10 real drop ship suppliers. Then they design a beautiful website and start to claim that THEY are the wholesale drop ship supplier. Then they tell you things like: will charge you an account setup fee, and by the way, this is a good way to know if they are real wholesale suppliers or not, because legitimate wholesaler NEVER charge you an account setup fee.

If you make the mistake of working with these scammers you will get disappointed and discouraged, because you will end charging more for your products because you are NOT getting a wholesale price BUT an inflated price. 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 factory authorized distributor. But this doesn't mean that you don't need to get legal, because if you want to deal directly with real wholesaler you must do some legal paperwork in order to obtain a business name, tax ID and a business bank account as a minimum; Real wholesale suppliers only work with businesses, even if they are a home based business.

True wholesale businesses can only sell to resellers who have a sales tax permit, this means that you can always identify a true wholesaler by whether or not it requires proof of your sales tax permit. A business who does not require proof of a sales tax permit, no matter how low their prices, is not a true wholesale business.

Now keep in mind that although many wholesalers require minimum bulk purchases, more of these wholesale suppliers 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 how this business works. The wholesale price is sometimes a result of negotiation between the retailer and wholesaler. Generally speaking, the greater quantities purchased, the lower the wholesale price. Therefore, you can't expect to beat prices of people who buy at large quantities from distributors even if you are working with real wholesalers with light volumes.

Another way where you are likely to develop your best wholesale and drop ship industry insider contacts is by attending trade shows for the product lines of your interest. You can research trade shows by checking with your chamber of commerce, local newspaper, and online trade show directories. This strategy will give you info of the first hand on the wholesale industry. In fact, this is part of the strategy what WorlwideBrands staff uses to compile a list of potential wholesaler candidates for the database of real and legitimate wholesale suppliers who are willing to work with home based businesses.

If you would rather not mess with the work of finding products suppliers, there are some good online wholesale directories that will give you the contact info of thousands of resources. But, the one I recommend is Product Sourcing Tool from WorldwideBrands.com. They offer reliable and verified product sourcing information of legitimate dropshippers and wholesaler suppliers for home business so that you can get the business profits you deserve. You owe it to yourself to enjoy the benefits of this high standard product sourcing database. They have been there doing that arduous work so you don't have to.