Product Sourcing for Home Business

Finding product sources for your home business . . .

requires thought and research, but otherwise shouldn’t stimulate the growth of grey hair, worry lines, ulcers, or panic attacks. The hardest part of the work involved in product sourcing where small home business is involved occurs in nailing down what your market is, who your customers are likely to be, and just what it is you are going to sell.

Finding and securing agreements with product suppliers is an essential part of your business plan. Many people, however, make the mistake of worrying about sources of product supply before they figure out exactly what it is they want to sell. Perhaps this describes you. If so, don’t worry about, but do take the time to sort out what product or products you want to market. Knowing that will simplify the process of finding your supply sources.

In earlier posts, I have talked about how to go about finding product suppliers using the Internet and other offline resources. In today’s post, I’d like to cut to the chase and mention 3 tools that you can put to use to help provide a wide variety of product sources for your home business. These should help you find wholesale and dropship product distributors as well as liquidation-closeout specialists, factory distributors, and other distributors who specialize in surpluss and discounted goods.

First, the Salehoo online wholesale directory:

Salehoo is an online directory of resources. It also includes an active forum where members share information. Salehoo verifies the legitimacy of all suppliers listed and actively encourages member feedback.

Next, a newcomer to product sourcing for home business, Aid and Trade:

Aid and Trade is also an online directory of wholesale and dropship suppliers. It offers several subscription options and is relatively inexpensive.

The third resource is somewhat unusual in the wholesale product supply. Chris Bernard has over a decade of experience in the wholesale and dropship industry and says the truth is that dropshipping sucks:

Chris Bernard write, “. . . the key element to drop shipping was, and still is, a secured market. The companies . . . sell products exclusively through personal sales reps and do not sell in retail outlets, to wholesalers, to the public. This is what makes them work. The prices, distribution channels, and markets are all tightly controlled.”

Chris Bernards Better Sources guide is not just a list of wholesalers. In fact, what makes this a novel, out of the box sourcing solution is that it is not just a list of wholesalers. Chris says that his guide is a, “complete manual for finding profitable products you can sell anywhere.”

Probably every resource you will ever need can be found by research on the Internet, at your local library (ask the librarian!), through the local chamber of commerce, and through national associations for manufacturers and wholesale distributors. The above resources may help you get a leg up and cut to the chase of finding the products and products suppliers who will suit your needs. However, it is important that you are serious in your reasons for seeking product suppliers. If you have or are planning a home business, these may solve some of the problems of product sourcing.

For an inside look into online product sourcing for home business:

 

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Related posts:

  1. Easy Wholesale Dropship Business | Ecommerce Product Sourcing
  2. Top Product Sourcing Wholesalers
  3. Drop Ship, Light Bulk, Import and Liquidation Wholesale from Where?
  4. Is it EBay, or Does Drop Shipping Just Suck?
  5. Salehoo Pricing | Product Sourcing Distributors

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