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What to Consider in Starting Up an Online Retail Marketing and Promotion Business
Every business's objective is to purchase products as economical as possible and make a profit from selling it at a higher price. This is the first rule of marketing / promoting at retail. Online sales abide by the same procedure. The advantage of selling online is that expenses are considerably reduced; as are the initial outlay in commencing your business.
A desktop or laptop with a broadband or cable connection is your first requirement; along with a competent and reliable wholesale supplier / manufacturer is a pre-requisite. Researching and sourcing a wholesale supplier is easy. Go to the SaleHoo site.
Mark Ling and Simon Slade founded SaleHoo.com. Both are from New Zealand.
SaleHoo was initially launched in 2005. SaleHoo assists marketing / promotion retailers source and partner wholesale suppliers / manufacturers. SaleHoo's enormous directory contains details of worldwide suppliers / manufacturers and their products. A small minimum fee is payable in order to benefit from their pre-vetted directory of suppliers / manufacturers and the products they stock and their marvelous support. It is extremely beneficial and the outlay to SaleHoo should not be considered an expense, but rather an investment. Additional training online is available to ensure your business success.
Looking to create and operate a retail marketing / promotional business? Then consulting and joining SaleHoo is a great start. Access SaleHoo now and investigate their vast range of suppliers / manufacturers. Compare products, prices and services. Initially, start by deciding which products you wish to market / promote.
When you complete this, investigate product costs. Research and study suppliers / manufacturer's terms and conditions. Are they able to drop ship for you? This is essential; for when delivery is the responsibility of the supplier / manufacture, the time saved can be better utilised in other aspects of your business. There are significant benefits of bulk buying products at a wholesale price. Be cautious and request sample products. Ensure every product's quality and its fitness for purpose.
This is essential so that you avoid your potential client's disappointment. You buy at minimum wholesale cost and sell each product at an increased cost. This will enable you to make an acceptable level of profit. SaleHoo is a fantastic site to compare prices, enabling you to market / promote products competitively.
As Seen on BBC News, FORBES and CNN Money
See: Wholesale Dropshipping List (Platinum Edition) and Compare Wholesale Dropshipping Directory
John C. McPhersan was a professional purchaser for over 3 years, and has just recently started his own Online Business on eBay. Find out how he manages to profit well over $40k monthly with the use of turnkey wholesale dropshippers to grow his business.
Article Source: http://EzineArticles.com/3404325
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