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What is Light Bulk Wholesaling?
You can
use Drop Shipping
to figure out which products sell well for you without spending a lot of
money, then you can move into Light Bulk Wholesaling with those products
you identify as good sellers. Or, you can start out in Light Bulk
Wholesaling right away.
A "Bulk Wholesaler" is a Wholesale Supplier
who will sell you several cases of products at a time at a Wholesale
Price, and ship them to you. You store those products in your
home, and pack and ship them yourself to your
Internet customers who order them. You charge your customers your Retail
Price, and the difference between Wholesale and Retail is your profit.
Buying in Bulk is how you get the
best possible Wholesale Prices, so that you can compete in
price-driven markets like eBay.
There's one problem with that, though.
Most Wholesale Suppliers who sell in Bulk require Minimum Orders in the
thousands of dollars. That's very hard for Home-based Internet
Business Owners to afford.
Light Bulk Wholesalers are the solution to
that problem!
"Light Bulk" Wholesaler is a term that we at Worldwide Brands created
several years ago, to describe
a real
Wholesale Supplier that will:
-
Sell New, Factory-Warranted Products, at Wholesale Pricing,
to you; the Home-based Internet Business Owner.
-
Sell
to you in Affordable Quantities, with minimum orders under $500.
That's why we call it "Light Bulk". Our wholesaler database contains
thousands of
Light Bulk Wholesale Suppliers that will sell you small ("light") quantities of products, while still giving you Bulk Wholesale
Pricing! That's just one of the dozens of features that makes our
database
a
better resource for your business
than any other Wholesale Sourcing Tool on the Internet!
Light Bulk Wholesalers' products are priced lower than Drop Shipped
products, because the Wholesale Supplier doesn't have to do all the work
of packing and shipping individual orders for you. That means your
profits go up.
Light Bulk
Wholesaling should be a part of your Product Sourcing, but not all
of it.
What is Large Volume Wholesaling?
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You can use
Drop Shipping to
inexpensively identify Wholesale Products that sell well for you...
-
... then use
Light Bulk Wholesaling
to ease into the cost of carrying those products in your own inventory
without breaking your bank...
...then you can
think about Large Volume Wholesaling for the products that always
sell well in your Online Business. Large Volume Wholesale Buying means
that you'll order larger quantities of products and spend more money on
your inventory, but your cost per individual product goes down,
and your profits go up even further than they did when you moved
from
Drop Shipping to
Light Bulk.
That's the
one universal rule in Wholesale. The more products you buy at one
time, the less you pay per product. Large volume Wholesale Suppliers
are simply suppliers that have larger minimum orders than Drop Shippers or
Light bulk Wholesalers.
Keep in mind that all
Drop Shippers and
Light Bulk Wholesalers are also Large
Volume Wholesalers! They will sell larger volumes of products to you
at reduced unit costs, just like Wholesalers to only sell in Large
Volume.
Large Volume
Wholesaling should be a part of your Product Sourcing, but not
all of it.
What is Liquidation and Overstock?
Liquidation and
Overstock Wholesaling are two different things, but they are both part of
the same Product Sourcing Method, because they are both
non-renewable sources.
Both Liquidation
and Overstock Wholesaling are single-lot sources. That means
that you buy a Liquidation Lot or Overstock Lot (a bunch of products)
once, and you'll never be able to buy them again from the same place
for the same price.
Drop Ship,
Light Bulk and
Large Volume Wholesaling are different,
because you can constantly stock and restock your store or auctions with
those products. The same products are always available there at the same
prices, which is why you need to use those methods.
Liquidation and
Overstock Sourcing, on the other hand, is best used for buying products
that you are going to sell as "Specials" in your EBiz. Liquidation and
Overstock products are very cheap, and you can buy them at very low
prices, then sell them at very low prices as "Special Sale Items" to get
your customers into your store. Then, you show your customers your higher
priced products, right next to the Specials. It's a time-tested method for
getting your customers "in the door" so you can sell them the more
expensive products that you make a higher profit on.
Liquidation
Wholesale products are products that someone is trying to get rid of.
They are oftentimes store returns, used products, or have some other
characteristic that makes them difficult to sell at full retail price.
They can be bought very cheaply, but must be sold at a low price too. When
you make a Liquidation purchase, whether there are two cases of products
in the "lot" or twenty, it will be a one-time deal.
Overstock
Products are supposed to be new, in the box products that have never
been used. They are usually last year's model, or products that didn't
sell well in the retail stores, or products that a manufacturer made too
many of. Again, they are one-time buys, and can be bought cheaply, but
must be sold cheaply too, otherwise they would not be available as
Overstock purchases.
Liquidation and
Overstock Wholesaling should be a part of your Product Sourcing,
but not all of it. It's best use is as a source of "Special Sale
Items" for your EBiz.
What is Importing?
Like
Drop Ship,
Light Bulk and
Large Volume
Wholesaling, Import Wholesaling is a renewable Product Sourcing
Method. You can import the same products over and over again at the same
prices for your EBiz.
However,
directly Importing your own Wholesale products from overseas factories is
a very expensive and time-consuming process. If you do it yourself, you
will spend tens of thousands of dollars and months of your time for
each individual product shipment.
When you import
from overseas, you are actually telling a factory to make you the
products, then ship them to you from another country. Because they are
actually making the products to order, you must spend a large amount of
money and order a large number of each product at once, otherwise the
overseas factory won't bother to work with you.
The best way
to Source Import products is to get them from a Wholesale company that
specializes in Importing. A company like that will have offices overseas
and in the United States, and will control both ends of the operation that
way. They pay to have the products made, they pay to have them shipped
here, and then you buy them from the company's Import Warehouses in this
country.
Real Import
Wholesaling means buying case lots of products, inventorying them
yourself, and shipping them to your customers when you make sales.
Worldwide
Brands
has special partnerships with Import Wholesalers, so that you can find
and buy
real Import Wholesale lots directly through the
Product Search function of our wholesaler database.
Import Wholesale
buying should be a part of your Product Sourcing, but not all of
it.
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