Looking For Wholesale Products For Your Online Business Can Be Costly.
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I am always amazed by the purchasing practices of aspiring Entrepreneurs and established business owners alike. They think that they can purchase any popular retail item beyond the normal chain of wholesale product distribution. I have heard more than my share of horror stories regarding people who have wired thousands of dollars to unscrupulous individuals that claim to have “secret contacts” for popular retail merchandise.
With few exceptions, most of these claims are nothing more than bait and switch scams, designed exclusively to separate you from your cash. In this article I want to impart some simple advice when it comes to purchasing wholesale products for resale.
First, you have to consider that China is responsible for most of the knockoff merchandise here in the United States.
If a particular clothing product is a hot seller, you are almost guaranteed to find that the people who are selling them as wholesale lots, are marketing counterfeit goods.
Those Nike sneakers, designer jeans, or LV Handbags that seem like an incredible wholesale deal, are nothing more than a cheap imitation of the real thing.
In addition, if your local department store has a hard time getting the latest IPod or Microsoft Xbox, then the chances are slim that anyone else will either.
There are exceptions to every rule, but, the various Xbox listings in a wholesale or B2B forum probably does not have the latest and greatest electronic gadget at the wholesale to resale level. If they did, why would they be selling them wholesale to the public? You could make a fortune listing them on EBay.
Let me impart this simplistic advice to all you newbies out there, and for those of you who still think that there is a hidden vault of wholesalers lurking in the far corners of cyberspace that is selling popular retail merchandise for pennies on the wholesale dollar.
If you are looking for brand name merchandise like Nike, True Religion jeans, or the Microsoft Xbox, then you need to contact the company to find out who their authorized distributors are. This is the only true way to find brand name merchandise at the wholesale level.
If your goal is to find a variety of wholesale products, and the primary focus is not just brand name merchandise, then the resources below will help you pin point just about any product trade associations, publication, or wholesale supplier.
National Association Of Wholesale Distributors – NAW.org The National Association of Wholesaler-Distributors (NAW) is the Washington, DC-based trade association that represents the wholesale distribution industry.
Encyclopedia Of Associations – By The Gale Group Available at a large public or University Library.Ask the reference desk to see if they carry it.
Publist.com – 150,000 magazines, journals, newsletters, and other periodicals.
Tradepub.com – Tradepub.com allows you to subscribe to trade periodicals from their web site for FREE!
ThomasRegional.com – 550,000 industrial distributors, manufacturers, and service companies.
Remember, everything can be had for a price, but there is a price to pay for everything. Think, before you decide to pay for any brand name product that is advertised as wholesale. You just might wind up with counterfeit merchandise, or worse, no product at all!
Robert C. Potter is a wholesale trade specialist. Robert is the brain child of Products For Resale. You can find his 230 page ebook, which features over 600 wholesale products distributors by clicking here.
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