Set Up an Retailer Account With Wholesale Suppliers

Open an Retailer Account With Wholesale Companies
By Edison Santiago

Selling online is a very competitive business. To make a profit, you will 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 are 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.

We let very clear above that it is 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 am 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. 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.

Another point to consider is that you must be patient when try to open an account with a wholesale supplier. 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 are 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 will need a Registered Business Name and sales Tax ID to work with genuine wholesale suppliers. If you do not have one, you will need to form a legal business. As Chris Malta, CEO of WorldwideBrands.com says: "Get Legal or Get Cheated".

If you have found this article interesting, then the author also can show you more about product sourcing methods and how to apply a strategy to work with different product suppliers that is suitable to your business model.

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