SaleHoo, a wholesale directory service was launched in 2005 by Mark Ling and Simon Slade both from New Zealand. At the moment, their directory has over 1.7 million products from over 8,500 different suppliers. You can find nearly anything to sell, from sporting to electronic goods and so on.
Understanding how SaleHoo works
Before making any move to subscribe to this service, it is important to know what SaleHoo is and how it works.
SaleHoo is an online Wholesale distribution directory that connects individuals to a large number of drop shippers, wholesalers, and manufacturers. Also, they offer various resources which will aid you in handling suppliers and also building improved relationships.
SaleHoo usually verifies every supplier before listing them in their wholesale directory to avoid fraudulent actions or activities. Once you locate any supplier in SaleHoo network or directory, you are safe to work with them by contacting them directly and finding out from them how you can place the order. You will also be able to see other suppliers’ statistics (minimum order, shipping time frame, etc.).
My experience with SaleHoo
For those of you that do not know me, I sold various products on Amazon and eBay. At every start, I had difficulty finding profitable products that will yield a good profit to sell. I was a victim of scam artists on several occasions.
Since I wanted to run a business and make a profit, I was determined and never gave up seeking for a genuine and legitimate business. I came across SaleHoo on Amazon’s community forums and decided to give it a trial. I was skeptical about it at first. But, that was what brought the big change.
It took me just a few hours to familiarize with the platform. By the time I got acquainted with it, I had started looking at the various products to resell for a decent profit. I carried out plenty of research before placing my first order. And to cut the story short, I was able to target a particular niche and searched for the products I was more interested in selling.
More significantly, these products were able to yield me a good profit. I had the supplier drop ship the products directly to my customers, so I never had to see or touch the products that I was selling. My supplier did all of the supply for me.
When I became comfortable with the profit, I was making, I setup and launched my online store using one of the top e-commerce platforms.
Is it possible I make a profit?
Every business is set up solely for profit making unless a non-profit-making agency. As long as there is a product to sell, you will be able to sell them and make a profit online. On the other hand, it is not as easy as it sounds. There are lots of competitive products out there, and it is on the increasing every day.
The good thing is that SaleHoo gives you all the necessary tools to source products and resell them online for a profit. Profits making depends on your target niche and the intensity of competition. There are over 1.6 million products and 8,000 suppliers which connect to SaleHoo’s wholesale directory. Therefore, it is possible to make a profit.
Support and resources
SaleHoo’s customer support is excellent, and it is available through email or phone during their business hours, 5:30 p.m. to 1:30 a.m. EDT on weekdays. You can contact the support department by phone by calling 1.800.322.7952. Other sources include a seller training center, community forum, market research lab, and their e-commerce blog. They will always provide answers to your queries but do not expect them to do everything for you.
For instance, I developed an interest in selling Inflatable Pool; as a result, we contacted their support staff for some help. The support staff directed us to many suppliers and also gave us ideas on increasing our Inflatable Pool sales. Bear in mind that they could as well told us to do this on our own since they already gave you all of the tools to do so. This was a nice gesture that saved us much time.
SaleHoo offers two special services, an online store builder for e-commerce and a wholesale directory with each having its recurring membership fee:
– Online Store Builder – You can use this to create an online store, but you will not have access to the directory with this option. Plans range from $27/month to $97/month.
– Wholesale Directory – This directory features over 1.6 million products from 8,000 suppliers and costs $67/year.
At this moment in time, SaleHoo does not offer a free trial period on their wholesale directory service. They offer a 60-day money back guarantee if you are not satisfied with the service. They accept all the major credit cards and PayPal. To sign-up, you will have to visit their website at http://salehoo.com.
How do I cancel my SaleHoo account?
If you are not satisfied with their service, or you can’t find any product of your choice to sell, you can opt out or cancel your membership by contacting their customer support team.
Note that a 60-day Money-back guarantee covers your purchase. Ensure you cancel within the first 60 days, to be eligible to receive a full refund. The only requirement for this cancellation is your receipt number which SaleHoo gave you at the time of your initial purchase.
• The first membership fee is backed by a 60-day money back guarantee.
• There is no startup cost, other than the recurring annual membership fee.
• You will gain access to their research lab containing all the necessary tools to increase your sales.
• You will gain access to over 1.6 million products from 8,000 different suppliers.
• All suppliers featured in the wholesale directory undergo a strict verification process.
• Only Basic tutorials are available, but there’s a lot more to learn
• Not all products are cheap enough to resell on eBay (but it is same in other directories too)
• You can’t make a profit on every single product. Certain products are cheaper on Amazon.
• If you have the time on your hands, you can search for suppliers on your own via Google for free.
• Advanced search capabilities are almost not there. For example, there is no option to search for a supplier from a particular location (e.g., United States, Canada, United Kingdom, etc.).
• You are unable to locate suppliers who can ship within a specified timeframe. Presently, you would have to contact the supplier concerning this information.
Sourcing for legitimate products to sell online is a complicated process, regardless of the search method you decide to use. SaleHoo is not the only place to find products to resell online. You can import from Italy, China or any other country of your choice. But, SaleHoo’s service eliminates this problem, if not all of the risk because the suppliers listed in their wholesale directory must undergo a strict verification process. But all of these services come at a recurring annual cost.
If you are concerned in selling online (or even offline) and want the best and easiest way to find legitimate, low priced, and good quality suppliers without much hassle then you need to check out SaleHoo.