Set Up An Retailer Account With Wholesale Suppliers

Selling online is a very competitive business. To make a profit, you'll need reliable suppliers for absolutely real and genuine wholesale products at cheap wholesale prices and sell them at a profit. Searching all over the Internet for genuine wholesale distributors and dropshippers can take up an incredible amount of time and energy. It can be hard to tell what exactly you're getting because many new online retailers begin looking in the worst possible place, using the search engines and online listings. You will rarely find real and genuine wholesale distributors there. What you will find is that search engines are infested with a great number of "middlemen" and con artists, making you believe that they are something they are not, true wholesale suppliers. So we can agree that there are certainly lots of pitfalls that business owners need to look out for when trying to find factory authorized wholesale suppliers. This article serves as a guide with some helpful tips to get you started with your product sourcing process.

Let's begin by telling you that many wholesalers aren't anxious to supply products to online businesses. You have to understand that the reason for this is that wholesalers operate on thin margins and they make their money selling in big volumes. So as you may expect, they don't think an online store will place any large orders on a steady basis. But don't worry, there are many wholesale suppliers who are willing to work with home based online businesses. Also wholesalers are forbidden by law to sell directly to customers, so they have to be extremely careful about who are they working with because if they are caught doing so, even in an unintentional way, that would mean losing their tax-exempt status. So if a wholesale supplier suspects that you may not be a legal business, they will NOT give you a retailer account. By the way, you can also use this to your benefit, when you see a particular supplier who doesn't ask you if you are a legal business and ask you for your sales taxes ID, suspect of that supplier, there is a big chance that they are not a real wholesaler.

We let very clear above that it's very important to present a professional image when you contact a wholesaler to ask for an account. but how can I convey to a supplier that I'm a serious professional, not a fly-by-night home business? well, there are several useful tips. When you call suppliers make sure you have read their website before making questions, thus you will not ask questions that you could have easily found an answer to because this could reflect poorly on your professionalism. Another point to consider is that you must be patient when try to open an account with a wholesale supplier. When you are in business for yourself patience is not only a virtue but is a requirement. Just because a supplier doesn't respond to your questions the same day you send them an email is no reason to get angry or think that you are ignored, that's not true because real wholesale suppliers are very busy people. So please be patient because if they think you're going to be a demanding customer, chances are they won't work with you. Also, that's another reason for when you contact a supplier try to get to the meat of your question as quickly as possible. In conclusion for this part, the more you can do to show a supplier that you are a serious business person, the more you will improve your chances of getting an account with them.

The first step you must follow after you found a supplier you want to work with is asking for a reseller online account with them. As I told you above real wholesalers need proof that you're a legitimate retailer before they can give you an account or access to their actual wholesale pricing structure. So you need submitting your company information to them, they process it, verify it, after that they see if your business fit the criteria for granting an account and finally, if approved, they do the paperwork to set it up; this process may take few days or few weeks (Remember why I told you about patience?). You'll need a Registered Business Name and sales Tax ID to work with genuine wholesale suppliers. If you don't have one, you'll need to form a legal business. As Chris Malta, CEO of WorldwideBrands.com says: "Get Legal or Get Cheated".

Another tip that you can use to find wholesale suppliers for a specific product is contacting the manufacturer. If you can't find a supplier but you know which company makes the product, give them a call and ask who their distributors are. Is the best interest of these manufacturers have your business, just ask and surely they will help you to find who their wholesale distributors are. If you don't know who the manufacturer for a specific product is, then check product packaging, all goods, virtually without exception, will include some reference to the manufacturer on the packaging and in some cases the name of a supplier will be there as well. Once you know the manufacturer, the information you require is just a phone call away!

After ten years of providing the best and most highly-respected wholesale information on Internet, worldwidebrands has become the house of the world's largest directory of fully-verified ecommerce wholesale suppliers. You'll get access to over 8 million wholesale products and immediate access to suppliers who will drop ship products. All the suppliers of the wholesale database are tested by WorldwideBrands staff. Grow your home business through the best online business education and direct wholesale supplier relationships in the world with WorldwideBrands education features that jump-start your retail business.