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Such as the legendary look for the Ultimate goal, the cup that Jesus drank from at the Last Supper, the same 'holy crusade' goes on today by veteran and newly anointed business thomas sabo braceletsowners for that perfect wholesale, surplus, andthomas sabo necklaces drop-shipping resource. They feel thomas sabo watchesthat divine intervention will lead them  thomas sabo rings   to companies that canthomas sabo charm carriers defeat the economical laws of 'supply and demand.'
There are more than a few people who attempt to build an enterprise based on the weak premise that they will in a position to 'score' in demand retail items for their new business, or auction, at either below wholesale prices, or 'pennies on the wholesale dollar.'
Trying to ride the wave of popular retail products brings out the greed monster in all of us. Adopting the 'deal of the century' has lead some aspiring business people to risk their startup capital on fraudulent deals while offering.
In the following paragraphs I want to discuss three from the more desired causes of product supply, and the 'Pros & Cons' of every. I additionally want to shed a little light on some of the misconceptions people might have about buying “products for resale.” The reality is that not every product is going to be available through wholesale, surplus, and drop-shipping venues.
Wholesalers: Typically, one of the better places to buy products for the new found venture. Most true wholesalers will require that you've a 'Certificate Of Resale' before you purchase from them. Certificates Of Resale, or 'Tax & Use Certificate,' is not hard to acquire, and charges between five to twenty dollars with respect to the state you live in.
Some states don't require that you even have one. You can obtain the certificate out of your State Department of Revenue. To ascertain if your state requires you to obtain such a certificate, as well as for a complete report on the Departments Of Revenue in most fifty states go to this site:
Roisyn.com/certificates.html http://www.roisyn.com/certificates.html
Based on your states procedure, when you fill out the paperwork you will get your 'Certificate Of Resale' number the same day. You do not have to incorporate in order to obtain a certificate. You have to be a Sole Proprietor (at the very least) and also have a previous address where you intend to work. After you have your number it is possible to open a business checking account at most local banks. Most don't require more than a few $ 100 to get started. Wholesalers will need a minimum purchase price that may range between 100 to 1000 dollars.
A genuine wholesaler is usually one step away from the original supply of the merchandise. For example, a manufacturer produces blue widgets and wants to obtain product into the marketplace. They will then employ a salesman to get the product in to the market, or they'll assign a wholesale distributor the exclusive rights to carry then sell their products. Some companies are import wholesalers. When they do not really manufacture an item, they'll import products from manufacturers in the usa, and from countries like China. An excellent illustration of this kind of importer/wholesaler may be the Bnfusa.com:
Bnfusa.com http://www.bnfusa.com/
There are some methods to find wholesale products. Pretty much every creation that is in the distribution chain will usually have a dedicated trade association, organization, or trade publication attached to it. You'll find such trade information by using the next directory information:
National Association Of Wholesale Distributors
http://www.naw.org/Content/NavigationMenu/About_NAW/Associa tions/About_Associations.htm
The above website address will lead your toward associations, ranging from Advertising to Woodworking. You should be able to solicit them for wholesalers inside a particular industry. If you wish to purchase their membership list (separate from the association listings), you will have to get in touch with these phones check their current prices. Other good sources are:
Encyclopedia Of Associations By: The Gale Group
The Encyclopedia Of Associations lists over 100,000 different nonprofit American organizations. If you cannot find what you are searching for in the National Association Of Wholesale Distributors in terms of trade associations, than the may be the directory for you personally. However, you'll have to see your library to find these studies gem. You can usually think it is in the reference section of any large University, or Public Library.
Publist.com http://www.publist.com/
Along with trade associations, trade magazines are one other good source. Publist.com enables you to: 'Search our database well over 150,000 magazines, journals, newsletters, & other periodicals. Find FREE in-depth information on familiar and hard-to-find publications from all over the world, representing thousands of topics.'
Tradepub.com http://www.tradepub.com/
Tradepub.com enables you to sign up for trade periodicals using their web site free of charge! No hidden trial purports to qualify.
ThomasRegional.com http://www.thomasregional.com/
Should you be looking for industrial product manufacturers, than the may be the directory for you personally. The Thomas Regional directory provides you with access to services from over '550,000 industrial distributors, manufacturers, and service companies.'
The Thomas Regional can help you find suppliers in your state or region. Registration is required, but you can use your directory for FREE! Other free online causes of wholesale information and offers are: Wholesale411.com, Wholesalecentral.com, Wholesalegopher.com, Bizbb.com, Wholesalegopher.com.
Benefits and drawbacks OF Suppliers:
Wholesale may be the backbone of product supply for just about any type of new business venture. Small and big wholesalers are usually one step from the manufacturer. They have the advantage of buying vast amounts, and, depending on the type of merchandise, are able to pass on savings to people who're searching for 'products for resale.' With wholesalers (generally) you can be assured of buying new product. I can't think about a lot of 'cons' when dealing with wholesalers--other than pricing. There can be items which might be too expensive to market in the Ebay auction marketplace. Remember, true wholesalers will need that you've a Certificate Of Resale to be able to purchase from them.
Surplus & Salvage Merchandise: Another desired supply of supply is retail surplus, closeout, overstock, liquidated, and salvage merchandise. Surplus dealers, and brokers, purchase shelf-pulled, returned, overstock, closeout, liquidated, and salvage merchandise from manufacturers, stores, reclamation centers, bankruptcy sales, and merely about any company that has slow moving or salvage merchandise.
Surplus dealers buy these obsolete components of large quantities, after which resell these phones just about anybody who wants them for their Ebay Auction, Flea Market, Dollar Store, or Retail Store outlet. One of the largest trade associations for that surplus market is the International Marketing Association Of Surplus Dealers: http://www.surplus.net. You'll find dealers through the United States.
Other sources of finding Surplus, Salvage, Closeout, and Liquidated merchandise range from the following: Closeoutcentral.com, Liquidation.com, CWSMarketing.com, Commoditysurplus.com, and National Retail Equipment Liquidators (Nrel.com).
Benefits and drawbacks From the SURPLUS & SALVAGE SUPPLIERS:
The 'Pros' from the Surplus & Salvage items are that they'll provide you with a number of products at below wholesale prices. Nevertheless, you 'market your merchandise,' you ought to be capable of finding a product, or price, which will fit into any company advertising model. In most cases, you don't need a 'Certificate Of Resale' to buy products from Surplus & Salvage Dealers and brokers.
However you need to perform some investigative work. Some dealers will need you to buy merchandise in quantity (a pallet minimum, truckload preferred) and you've got to visit the company you're buying from to make sure that the merchandise is, as advertised. Also, more than a few S&S dealers want payment in the form of wire transfer which may be very risky. Also, dealers and brokers will sometimes misrepresent the quality of the item they're are selling. Before you consider doing any company having a surplus dealer, or broker, you must read 'The Ten Tenets Of The Retail Surplus And Salvage Business.' It can be found here:
The Ten Tenets Of The Retail Surplus And Salvage Business http://productsforresale.com/articles/index.html
Drop-Shipping: Supposedly the perfect business model. No inventory, no trips to the mailbox or UPS. You just setup shop, go ahead and take order, pass it along to the wholesale drop-shipping company plus they send it out for you. Some drop-ship distributors will even give back ad copy and pictures that will help you advertise many. They can even put your return address about the package! A lot of Retail Catalog companies use drop-shippers as their way of supply.
PROS AND CONS OF DROP-SHIPPING:
There's one obvious benefit to drop-shipping. It is basically a 'product less' venture. No need to tie up your hard earned money in inventory. Drop-Shipping can squeeze into any business model, or advertising method one happens to make use of. However, if you are an Ebay Auction seller you might like to rethink that position.
Getting a drop-shipping company that may deliver on a consistent basis can be hard. Drop-Shipping companies happen to be recognized to exhaust merchandise. When they happen to exhaust the product you are auctioning, asking buyers to wait on the product because it is 'backordered,' does not inspire confidence.
Your negative feedback rating can stack up real quick. The other problem is expense. Some drop-shippers need a sign-up, or 'entry fee' even before you start marketing their products. You might also have to pay for support materials, for example pictures and advertisement brochures for the product you decide to sell.
In addition, whenever you sell an item from a drop-shipping distributor you will find processing fees that have to become paid, in order to get the product out the door and in the hands of your customer. That price can range between 5.00 to 10.00 dollars and up depending on the item. After Ebay and drop-shipping fees, you are able to wind up loosing money, or at best, breaking even. Bottom-line, drop-shipping and auction selling don't mix. The very best bet for just about any auction venture is to 'own what you sell.'
EVERYTHING CAN BE HAD For any PRICE-BUT THERE IS A PRICE TO PAY FOR EVERYTHING!
Since we have reviewed the 'big three' let me place them into perspective. There are products that can be obtained through a handful of featured supply chains, and then there are items that will never reach the surplus, wholesale, or drop-shipping market. Example: To get Louis Vuitton handbags via a surplus dealer is almost impossible. Surplus dealers which are promoting LV Handbags are misleading you.
Same is true for those who can sell designer handbags on Ebay in mass quantities. The likely scenario is that they are Chinese knockoffs. Over 80 percent of popular retail products here in the United States are copied within the People's Republic Of China. Those products include Nike, Reebok, Puma, Adidas, Louis Vuitton, Calloway (Big Bertha) golf equipment, and just about any product that enjoys popular merchandising status.
There isn't any plan through the Chinese government to stop 'knockoff' activity since it is a thriving industry providing you with employment for the masses. Regardless of the pleas from American companies to 'cease & desist,' there's a tepid response from Chinese officials to complete address the issue. When raids are conducted, they are 'ceremonial' public relations stunts to appear as if they are actually taking action against the counterfeiters.
Another indicator of authenticity is price. You will not find any authentic Louis Vuitton handbags for 30, as well as A hundred dollars. Most are 500.00 and up. To illustrate this point even further, imagine about the popular celebrities nowadays who're clothes and handbag aficionados. Jennifer Lopez, Britney Spears, Jennifer Aniston, Julia roberts, all sport out and about with 'Louies' that may fetch as much as 10,000 dollars for an exclusive style of handbag. Do you consider you will ever have access to these things within the wholesale, surplus, or drop-shipping market?
Forget it! You will possibly not even get these in certain upscale boutiques! You will find people so well connected they buy up 'hot items' like LV Handbags before they can hit the stores. They are fully aware who wants these items, and they'll purchase whatever is available so they are able to come with an exclusive for his or her celebrity clients. Don't misunderstand me. It isn't that you simply can't get 'designer duds' or handbags at low cost. You will not get top end clothes and accessories that are featured in the latest issue of Vogue, Cosmo, like a 'product for resale,' in a wholesale environment, unless you spend thousands for the best to distribute this type of product.
Even if some of these items made their way beyond the connected channels of buying, exclusive clothing and handbag items like Louis Vuitton will have limited distribution in 'hand picked' boutiques, and well connected purchasing agents. In addition, you will find people in the fashion industry, as well as other branded industries that would favour their merchandise burned, or buried before it might reach the wholesale, surplus, or drop-shipping market! For more information on designer clothing, and to learn about designer 'fakes,' please refer to the next websites:
http://fashion.about.com/cs/tipsadvice/a/fakingit.htm
http://www.handbag.com/fashion/howtolookgood/spottingfakes/
http://www.fakediesel.com/
For any healthy does of honesty, as well as an eye opening perspective in regards to the realities of buying designer clothes for resale, the Clothing Broker will definitely explode some popular myths about obtaining such items:
The Clothing Broker http://theclothingbroker.com/
THERE IS GOLD UP Inside them THERE HILLS!
Now lets address the extra & Salvage Industry. When individuals first encounter a few of the offers from Surplus dealers, or brokers, they have a tendency to suffer from what I call the 'I just found Gold' syndrome. A feverish excitement permeates their brain cells, and reduces these phones a quivering pile of jelly, leaving their reasoning skills inoperable! A few thousand dollars later, and after coming to the final outcome that their 'Golden Opportunity' turned out to be bars of lead, elation, then turns to anger.
It is a cliche, and I hate using it, but it is more than appropriate when it comes to surplus and salvage products. 'If it sounds to get affordable to be true, it likely is!' Some Surplus dealers will hone in one a minumum of one of seven deadly sins--greed! Just like wholesale, you will never get certain products for 'pennies' on the dollar. One type of surplus product category that has some people loosing their minds is surplus and salvage electronics.
The issue with electronics is they possess a low profit margin even if they're completely new. Finding surplus dealers with working, undamaged, electronic products could be a daunting task. Most salvage electronics could be in pretty rough shape. See Techliquidators.com: http://techliquidators.com
What you are getting from most Surplus Dealers, or companies who focus on electronic salvage is someone's customer returns, i.e., 'junk!' Unless you are a electronics technician, or recycler, then I would avoid 'salvage' electronics.
Even product that isn't damaged, but still in the box or retail blister pack, can have a pretty high surplus price. In the event that someone is offering you a electronics item, whether it's a DVD Player, or Xbox, for eight dollars one, then 'buyer beware.'
For a further explanation from the surplus industry, and how you are able to avoid 'purchasing pitfalls,' I would suggest that you simply browse the: 'The Ten Tenets From the Surplus and Salvage Business' found here:
The Ten Tenets Of The Surplus & Salvage Business http://www.productsforresale.com/articles/index.html
GETTING Came by DROP-SHIPPING!
My last critique, and word of caution is all about drop-shipping. You might have use of details about drop-shipping companies that would prove me wrong. I won't argue with anyone who is handling a dropshipping company who is serving them well. However, Let me tell you that dropshipping is a risk. I truly can't recommend any type of guide, or information that would lead you to a reliable supply of drop-shipping companies.
Unlike surplus and wholesale, where you physically own and control the merchandise, that option continues to be taken out of your hands. You're entrusting a business to ship products directly to your visitors. If you get involved with a company who cannot deliver, or who is back ordered, you'll find yourself with some very irate customers. Sign up fees, shipping fees, and expenses for support materials can really affect the bottom line.
Also, most drop-shipping the likes of to send out product in volume. If you are selling just a couple items each week, or per month, it might not be worth if for a drop-shipping company to deal with you. Large retail catalog companies use drop-shipping or 'fulfillment' houses, but these companies cater to massive operations.
The bottom line is this. When it comes to finding product supply for your business its smart to do your homework. Visit the company facility when you are able. Never wire any money into a company account. Use a credit card, or Escrow service to protect yourself should your supplier not deliver, or send you defective merchandise.
Realize that you will not be capable of getting the most recent technology or fashions at surplus and below wholesale prices. Should you follow all of these rules, and you use common sense as the 'crusade' you simply might be able to find your own 'Holy Grail,' of wholesale product supply!
Robert C. Potter is a wholesale and retail surplus products specialist. He's the author of “The Ultimate Guide To Products For Resale!” Over 300 Wholesale & Surplus Supply Sources For Ebay Auction Sellers, E-Commerce Websites, Flea Market Vendors, and Store Owners! You'll find his 160 page ebook at: http://www.productsforresale.com.