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Working With Suppliers Part I

By eSources Editor

eSources Editor

In this article we look at the steps you should consider before starting your negotations with suppliers and wholesalers.

Working With Suppliers Part II

By eSources Editor

eSources Editor

In this article we discuss how to negotiate pricing and trade terms with your suppliers, wholesalers, distributors and dropshippers.

Verifying Suppliers: How to Check Out a New Supplier Before Making a Commitment

By eSources Editor

eSources Editor

It's always exciting to find a new supplier for a product that you're interested in selling. It's particularly thrilling when it looks like you're going to be able to lower your cost of product or add some value to your product line with your new supplier.

Predicting Demand Trends

By eSources Editor

eSources Editor

Predicting shifts in demand can help you surf the profit waves generated by demand fluctuations. Whether you correctly forecast the increase or decrease in demand for a particular product, you can profit from both scenarios.

Buying in Bulk – Look Before You Leap

By eSources Editor

eSources Editor

One of the problems with bulk purchasing is that the allure of the low price can cause even the most sensible entrepreneur to set aside common sense principles of good business buying. Here are some tips to keep your cool.

Listening to Demand Trends

By eSources Editor

eSources Editor

It's a fundamental rule of marketing – you need to find a market need then promote your product to the target audience. Listening to market trends is one method to identify highly profitable markets.

How To Approach A Supplier

By eSources Editor

eSources Editor

You have done your research, you know what you want to sell, and now you have found a supplier for your products. The next step is to establish a relationship. It is in both parties' interest to approach this new relationship professionally.

Finding Branded Products Distributors

By eSources Editor

eSources Editor

Finding real wholesalers on your own is possible! The first instinct is to try sourcing through search engines, which is not an impossible task, however be aware that most real wholesalers do not appear and certainly do not advertise on search engines. Find out what works.

Get the Drop on Drop Shipping Scams

By eSources Editor

eSources Editor

If you are an Internet retailer, a storefront retailer who also has a website, a mail order retailer or a catalogue company, you may find the concept of drop shipping attractive. After all, drop shipping eliminates the need to buy inventory, store it, and ship it out yourself. Working with a good manufacturer, importer or wholesaler that will drop ship offers numerous benefits, including low overhead costs and higher profit margins than you might realize through regular affiliate programs.

How To Decide On A Sourcing Strategy

By eSources Editor

eSources Editor

Retailers find product from a variety of sources. The sources that you use depend on the nature of your business and product, your capacity for inventory and so on.

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