The fee for these lists will be as tiny as ninety-nine cents and you will discover them highlighting brand names and items such as computer game consoles, dollar store merchandise, as seen on tv products and designer clothing.
If you are relatively new to the world of wholesale sourcing, or dropship products this might seem like a great idea, but before you go spending even this meaningless amount of cash, it’s a good idea that you should know that these sorts of wholesale sources lists aren’t even worth the paper they are written on.
After you place an order on one of these lists, what you will end up with is only a list of wholesale retailers, some of which will stock the item that is in the listing of the auction. Naturally, this realistically is a unspecific list that is sent out for every eBay auction, and so you would have to spend the time to go through and single out which seller you really must contact. Additionally, the information supplied is normally quite basic, with some lists containing just a website or telephone number and no legitimate detail.
Another common facet with these kinds of wholesale sources lists is that they don’t show the information of true wholesale sources, but rather have the details of intermediaries or discount sellers that are claiming to be wholesale sellers. Most goods realistically only have one true wholesale source, and so much of the information in these wholesale sellers lists is falsified.
Here are a few of the other scams you will realize when you buy wholesale retailers lists.
To begin with, much of the contact information will be no longer service. You would be lucky if 5-10 percent of it is accurate and that you are able to successfully be connect to a company by way of their telephone number or their website.
Next, you will be met with the ‘pay more for information’ trick, wherein some of the contacts will inform you that you need to provide them a wholesale supplier fee before you are able to access the goods at wholesale prices.
Yet another point that we have highlighted is that a lot of these wholesale sources will be middlemen, or resellers, which implies that they have sourced the goods at wholesale price and will enhance a profit margin before on selling to you. In this case, you would typically be more profitable buying the product from a retail store.
Additionally, you ought to be wary to explore shipping prices, as some middlemen will charge astronomical shipping costs to generate their profit. Even if you do get a website that seems reliable, you have to contact the telephone number to check all details – as sometimes ordering online can be a risky thing to do.
These are the big reasons not to acquire wholesale sources lists on eBay, and in fact there are far better resolutions now available through wholesale networks and centralized wholesale suppliers. Research using one of these if you are serious about becoming an online seller.