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Knowledge Base Articles

  • Wholesale Supplier - Some of the Common Traits of the Fake Wholesale Suppliers!

    As the economic crisis drowns the world with lay offs,everyone wants to find means and ways to earn money to add to their financial stability.The easiest way to do so is through drop shipping as a lot of up front payment is not required in it. Advantages of Drop Shipping: - You do not need a room to store your products - No hassle of handling and delivering - No need to have a lot of investment money to purchase the huge quantity of inventory! Any real wholesaler will deliver any product for you,directly to your customer from their warehouse.Also before even delivering the product, the customer will pay you! This is just a great business setup and it easily attracts many people to selling online,but at the same time it also attracts a lot of people who want to play fake and fool you while you think that these people are wholesale suppliers! Here are some common traits of the fake w   
  • What You Should Know When Looking For Wholesale Tool Distributors From China

    Importing from wholesale tool distributors in China promises cheap buys and higher profit margin but is not without pitfalls. There are a few things sellers need to be aware when working with suppliers from China in order to establish lasting business relationship and trust. Payment The first thing sellers need to know is that most Chinese wholesale tool distributors only accept Western union and wired transfer as mode of payment. It is unsecured and hardly traceable. In the event of a dispute, most of the time, buyer will end up at the losing end. So why do these suppliers use Western union and wired transfer? This is because for majority of retailers in China, these are the only mode of payment they can use as it is not easy and straight forward to obtain credit cards in the country. Hence, majority of suppliers only accept these modes of payment. What can retailers from other countries do? Well, you can minimize th   
  • Wholesale Lots Dropshipping - How Can I Make More Profits in Dropshipping of Wholesale Lots?

    With the emergence of advanced technology these days, people can easily start their own business without leaving from home. Most people rely on the internet nowadays especially when it comes to shopping, therefore, selling merchandise to them can give you huge potential profit. Firstly, you have to identify which merchandise you are going to focus on. In identifying, you should consider the needs of massive people in order to gain more customers. One you come up with the choice of market niche, you can now start sourcing wholesaler that will supply you goods in a wholesale price. Wholesale supplier should be reliable and dependable enough for you to thrive in this kind of business. They play a very essential role in successful dropshipping business as they are the ones that will do the stocking, packing and shipping task for you. Once done, you can now start buying products from them at wholesale rate. Because the transactions of drop   
  • Who Buys Promotional Items?

    The promotional items and associated gift industry is a growth sector with sales soaring in to the billions. Have you ever wondered who buys all these promotional items? If you guessed that the top buyers are big spending blue chip businesses and organizations who want to advertise and market their product lines, you'd be wrong. An industry study identified the top twenty-five industries that purchases promotional items and gifts by the amount spent. The results below might well surprise you. 25. The petroleum industry, including gas stations, oil distributors and refineries 24. The travel industry, including airlines, bus, trains, cruise lines and travel agencies 23. Food processors and beverage bottlers 22. Retailers and shopping malls 21. Pharmaceutical and chemical companies 20. Utilities like gas, electric and telephone companies 19. Telecommunications companies like cell phone and internet provide   
  • How to Verify Your Wholesale Supplier

    Many overstock, liquidation and surplus stock sales are happening generally in minutes. The total price of the wholesale liquidated stock is here usually the most important factor to make up your mind. You'll receive an amazing stock offer and you have to act really fast as there are potentially tens of buyers hungry after this wholesale bargain deal. But how do you know that your supplier is really genuine and he is what he really says he is ? How do you do a security check or verify your wholesale supplier. This could be a tricky and frustrating task, but here are some useful tips to get you started. Steps 1 Ask for the VAT or a copy of Tax ID, Company Registration number and full company details. Google could be a good tool to research who're you're dealing with. With the individuals this could get a little tricky as there are not many options, but i suggest you ask for the bank details, also relevant to verif   

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