Dropshipping is by far the easiest way of starting an online business. While this popular business model makes it possible for entrepreneurs to own a business without inventory, their success depends on the kind of wholesales they choose to work with. Choosing the right wholesaler is the key to running a successful dropshipping business. With that in mind, here are some simple tips for finding the right dropshipping wholesalers.
- Contact the Manufacturer
One of the most important things to do when looking for wholesalers is to contact the manufacturer. Once you have decided on the kind of products you want to sell on your dropshipping store, look for their manufacturers and ask for a list of their wholesale distributors. The information provided will help you contact wholesalers in your niche. You can then inquire about the kind of services they offer and set up an account with them.
- Order from the Competition
Identifying the right wholesaler may be an uphill task if you do not know where to start. An effective way of identifying wholesalers in your niche is ordering from your competition. Look for a dropshipping business that offers the products you are targeting. Then make a small order with the company to test the kind of service they offer. Once you receive the package, conduct online research on the return address to identify the original shipper. In most cases, this will be wholesaler that you can go ahead and contact for a business agreement.
- Search for Wholesalers on Directories
An effective way of finding wholesalers is by searching for manufacturers on supplier directories. The directories organize the suppliers in terms of products, markets, or niche. The good thing with directories is that they screen suppliers to ensure they list only genuine wholesalers. Since most of them are run by for-profit companies, they require you to pay a membership fee to access their directory. If you are looking to brainstorm ideas for your business, a membership directory may be helpful. However, such directories may not be ideal if you already know the niche or product you want to sell. If you do, you can easily find major wholesalers in the market by conducting online research.
- Attend a Trade Show
Another effective way of finding wholesalers in your niche is by attending a trade show. This is where all the major wholesalers and manufacturers in a niche come together and connect. You can easily make contacts with reputable wholesalers and research their products in one spot. Although this may not be feasible for people who are still brainstorming business ideas, those who have selected their niche or products will benefit the most.
- Top Reputable Wholesalers
While it is not easy to identify the right wholesaler for your business, a long list of dropshipping suppliers exists. The top suppliers on the list includes AliExpress, Doba, SaleHoo, Sunrise Wholesale, InventorySource, and MegaGoods. You can also work with other big-brand retailers like Amazon and Walmart, which work as suppliers for dropshipping businesses and also allow stores to operate as affiliates.