Internet Secrets

Finding a niche market is one of the key ingredients to really making it in online selling. Did you know that beginner sellers are much more successful when they appeal to a very small market, rather than trying to appeal to everyone?

Finding a niche isn’t always easy – it takes time and persistence to find the right product to sell. To get you thinking, and to give you a few inspiring ideas, we have researched 5 product niche ideas to share with you. While some niche ideas might seem abstract to newbie sellers, that is exactly what a great niche is – very precise and seemingly difficult to source.

Niche Item #1: Heart Rate Monitors

These are used by athletes and gym bunnies or by people who need to keep an eye on their heart rate.

Why they are an exciting niche item:

• They have a 75% success rate on eBay (75% of all monitors listed on eBay in the last three months sold!)
• They are lightweight and easy to ship and store
• One size fits all

Niche Item #2: Plus Size Shoes

Many big-foot’s out there find it very difficult to find shoes that will fit them comfortably from regular retail stores.

Why they are a super niche item:

• While these are commonly made by popular shoe makers, stores often order only a handful of pairs in larger sizes, which means that more and more, our big-footed friends must turn to buying online to get what they need.
• They have a high success rate on eBay (women’s size 11 sell at 61.9% and men’s size 14 at 75%
• Both men and women alike can require plus size shoes (Hot tip: women’s size 11+ high heels could make a great little niche)

Niche Item #3: Plus Size Maternity Wear

Another plus-size item with huge success on eBay

It’s a profitable niche because:

• Maternity and baby gear always works because people are always going to have babies, so you’ll never run out of customers!
• Clothing items are easy to ship as they light and not fragile.

Niche Item #4: Military Insignia

Collectibles always make great niches and you can dig really deep to find the best ones. They are also perfect for people who are interested in them – you’ll find it much easier and much more rewarding when you sell something you enjoy. To really niche it up, go for US military insignia from the Vietnam War which is big on eBay.

Why military insignia makes an excellent niche:

• It rarely dates or goes out of fashion
• There are so many sub-niches to discover like Russian war medals and World War 2 helmets.

Niche Item #5: Antique Clocks

Another great collectible item

They are a first-rate niche because:

• You’ll appeal to both collectors and home decorators
• They have an eBay success rate of over 67%
• You can often pick these up very cheaply from flea markets and yard sales, then sell them on to make a profit

Niche items really are the way to go for newbie sellers and there are so many out there to keep you interested and best of all, make you money!

Looking to resell some of those products but don’t know where to start? Well here is the answer wholesale database is the largest database of wholesalers worldwide get all those products at wholesale price and start making money by reselling them on trademe, ebay or other auction sites.

In recent years with evolution of the internet online shopping has become more and more popular. Just doing a quick search on the internet we can see many major retailers offering facilities for purchasing goods online. Shopping online makes our lives easier and saves us a bit of money as usually online prices are slightly cheaper than the ones in the retail stores. But the main questions we need to look at are: are we buying from correct places and are there any way we can save more money without compromising on quality of the product.

Most of us who frequently shop online buy goods from large retailers like major department stores from their online stores or from auctions websites like eBay etc. Well let’s look at the department stores first they generally keep their margins at a certain level as they need to make profit to cover their expenses. If you compare prices in department stores to prices on the same items on eBay or some small websites you will notice that prices for the same items are generally much cheaper on eBay and from smaller online retailers. But in saying that people who selling online still making good margins on products and quite often they make better margins then larger outlets as their overheads are much smaller and they source product for the same price.

Well now why can we an average person buy something at a wholesale price and save ourselves somewhere between 10% and 200% of the retail price. Yes 200% is correct some items especially things like accessories, clothing, cables, etc get margined up by 200% or in some cases even more. I will give one example cat6 network cable I used to pay $17 dollars for a 2 meter cable then I opened up a corporate account with that store and suddenly they were offering me the same cable for $6 and then I found a cable distributer online and now I am paying $2 for cable and the thing is the price was not in any way affected by the quantity as I usually buy 1 or 2 cables.

You probably thinking right now that it would be really nice to get hold of the products at this prices but how do i find this wholesalers and how do I know which once are real and which are scam. Well there are two ways you can go about it.

First you can spend countless hours searching the internet and researching each wholesaler separately to make sure they are the real deal or you can just sign up to the largest wholesale directory and get instant access to over 7000 wholesalers in every imaginable category. I have been a member of that directory for many years now and for the small one time joining fee I have a lifetime access to the biggest wholesale database which saves me tens of thousands of dollars every year just buy buying everyday items like socks t-shirts etc directly from wholesalers.

Bellow I made a few screenshots on products and prices you can get from wholesalers just so you can see and compare the prices for yourself and realise how much money you can save just buy buying directly from wholesalers online.

Free tips for buying and selling online

Example 1

Example 2

Example 3

More Examples

So if you what to get this great prices on all your everyday shopping and start saving without compromising on quality join wholesale directory today and start enjoying these great prices. Click here to get discounted membership price.

Have you ever noticed how there are always big sales right before the holiday season with some shops offering up to 80% discounts? Well you probably have and you also probably quite happy to take advantage of those discounts and buy something for let’s say $200 which on any other day would cost you $1000 and after making that purchase you probably will be quite happy thinking that you saved yourself $800. Well let me tell you something I used to work in retail a while ago and I was shocked at the margins on some products and also retail shops never sell anything at a loss they always make money on each sale. Getting back to the margins let’s look at a simple t-shirt example let’s say on average half decent t-shirt will cost about $50 in a shop during the holiday sales the shop will probably offer it at 50% discount so people would look at it and see a good saving of $25 and be quite happy with this savings well now the shocking truth that the shop probably paid about $2.50 for that t-shit and still even after a %50 discount the shop will still make allot of money. Did you know that you could actually buy directly from the same supplier and it will cost you about $5 per t-shit plus few bucks for deliver so now you can actually not only save more on a product but you will save on petrol as well as you do not have to drive to the shop. Also when you buy direct from suppliers you do not have to wait for specials or holidays or anything else you get the same low price every day of the year.  Here are some examples of products and prices I posted earlier :

http://internetsecrets.blogtown.co.nz/2009/07/19/wholesale-products-and-prices-examples/

http://internetsecrets.blogtown.co.nz/2009/05/07/most-asked-questions-about-wholesale/

Now you probably thinking well that’s all good but how do I find those suppliers and how do I contact them? Well there is quite a simple answer to this question there is this website, which offers you an access to over 6000 verified suppliers and wholesalers the admins of the website constantly review and verify all the suppliers they also offer you a support forums and are happy to help you find any product you need. I have joined the website about three years ago and since virtually have not bought anything from the local shops except for groceries and in some cases when I just could not wait for the shipping otherwise all my purchases were made online from the wholesale suppliers. Looking back I probably saved myself over 50000 over the past three years by buying online as everything I have including tvs and all electronics were purchased online.

First I have to apologize to our frequent readers about not posting anything for a while. But as some of you may be aware of is that this blog is provided by http://www.wizit.co.nz and in the last 3 weeks we have been quite busy redesigning and improving our main website http://www.wizit.co.nz. Just to let you know we finally finished most of the work and the new and improved website is now online. We have also added a forum section and a reviews section. Please check them out. Shortly we will be releasing a link exchange section as well. Memberships at http://www.wizit.co.nz  are free as we dedicated to provide as much free information as possible. Also to celebrate our new design we giving away a welcome bonus to all new members the bonus consist of 4 really good eBooks.  And just to say we will continue to update this blog on a regular basis but this blog contains only a small fraction of information and resources which are available at our main website.  We wish you all the best and hoping to see you soon at our forums.

http://www.wizit.co.nz

Wholesale products examples
Due to a high number of emails asking me to provide more examples on salehoo wholesale suppliers and products I have decide to publish this post. In this post I will basically provide examples of products and pricing from salehoo suppliers and examples of the same product sold on ebay. There are two main reasons why I am comparing prices to ebay first is that ebay is global website with a very high competition so the prices on ebay are generally slightly lower than on the local websites such as trademe etc. And the second reason is so I do not have to do currency conversions between USD and local currencies. All the examples bellow have prices in USD.
 

Example 1 Nokia N98
Ebay

Salehoo

Example 2 Clothing 
With this example I have a screenshot of a small subset of different clothing items from one of the supplier with prices. This prices are about 200% -300% cheaper than comparable items in stores or online from general retailers

Example 3 Electronics
Here are some screenshots of electronics products and prices you can get via Salehoo wholesale list.

The above is just a small subset of products you can get via salehoo wholesalers. Generally with this wholesalers you can get products anywhere from about 300%  to 20%  cheaper then retail prices. Also as a salehoo member you will receive special deals from wholesalers which are only available through salehoo. Salehoo membership costs about $60 that gives you lifetime access to all the suppliers (verified by salehoo admins) also it gives you the access to support forums and to research lab which is one of the most powerful tools available on the internet for product research. Another cool thing is many salehoo suppliers allow drop shipping which means they will deliver product directly to your customer so you don’t have to hold the stocks. There are more on drop shipping in my earlier posts in this blog.

Salehoo website here
If you need an example of a particular product and the price you can get it for let me know and I will check it out for you.

Visit http://www.wizit.co.nz for more helpfull tips
http://www.wizit.co.nz — we help ordinary people to ear extraordinary money…….

Fleeced, ripped-off, cheated, conned. We’re all afraid of losing money to wholesalers who turn out not to be the real deal. The horror stories can certainly be very off putting – especially to those just getting started. The trick is to spot it and stop it before it’s too late!

So what are signs that you’re dealing with a crook?

In our experience, there are 6 particular indications that you may not be dealing with a legitimate wholesaler:

• The wholesaler doesn’t sound business-like or professional when answering the phone. For example, he will answer with a plain ‘Yes?’ or ‘Hello?’, without identifying himself or the business name.
• The wholesaler doesn’t request your business license or sales tax ID during the initial contacts. Most true wholesalers will require one of these. While this is not a hugely important deal, if you are looking at dealing in large amounts you will need to get registered and should check that the wholesaler is registered as well.
• The wholesaler gets shifty when you request a product sample. Most wholesaler are only to happy to offer a sample of their product (usually at a higher price) so if they do not offer this be careful and question their reasons for not offering one.
• The wholesaler’s claims to take a secure form of payment (credit card, Paypal etc…) but later turns around and says they only accept wire transfer or western union. Not all wholesalers that take western union and wire transfer are scammers, but this is the most common way scammers operate and you should always steer on the side of caution if you are asked to pay be these methods when not having dealt with or knowing the person first.
• Their website offers no physical address or contact phone for you to get hold of them. Be blunt, ask them for a contact address and phone number and if it is ok if you come in and have a look around their offices. If they are serious this will be no problem at all for them.
• They claim they don’t currently have stock in and still expect you to pay up front. If this has been happening make sure you get some photographic evidence of their stock with the days newspaper or something (while this doesn’t always work, it means some one must have stock that they know

Although these are not hard and fast rules, you should certainly proceed with caution if one or more of the above apply to a new wholesale contact you have made. If you have any tips to add or past experiences then we’d love to hear from you. Your experience is valuable to the SaleHoo community and I’m sure others would appreciate your comments.

Visit http://www.wizit.co.nz for more helpfull tips
http://www.wizit.co.nz — we help ordinary people to ear extraordinary money…….

Budget Living: Tips and Tricks to Save Money” Shows You How to Create a Budget and Save Money Without Giving Up All the Things that You Love!

Follow the tips in this amazing ebook and you will still be able to buy whatever you want – all you have to do is plan ahead for it!

Hello, my name is Steve Winder and in “Budget Living: Tips and Tricks to Save Money” I show you how to work extra things into your budget so that it will not hurt you financially when you buy them!

I will also teach you much more, including:

• 3 ways to drastically cut your grocery expenses – you’ll be amazed at what you read here!
• What you should always keep in mind when buying clothes for children – you will kick yourself for not thinking of this!
• 4 ways to save money on the gas you buy for your automobile – with gas prices rising higher and higher, you need to know these important tips!
• How to quickly save a great deal on your home gas bill – follow this tip and you could cut your gas bill in half!
• 8 ways to save on your electric bill – you will be amazed at how many ways you can save on your electricity costs!
• How to drastically cut your water bill – is your water bill too high, find out how to quickly slash it here!
• The one thing you can do at home that will save you a great deal of money in the long run – if you don’t read anything else, be sure to read this!
• How to save money on school supplies – you’ll be surprised at how much you can save by following this simple tip!
• How to save money on school clothes – if you aren’t currently doing this, you are needlessly wasting your own hard-earned money!
• How to save money on your child’s college education – college can be a tremendous expense, find out how to lessen your burden significantly here!
• And much, much more!

The prospect of importing goods from China is both exciting and terrifying for many sellers. On one hand there is huge potential for making money from reselling wholesale goods purchased very cheaply. But on the other hand, language and cultural barriers present a number of difficulties to sellers. The main issue that everyone is worried about is payment: How do I pay? Will my money disappear?, and so on.

The difficulty lies in the fact that most Chinese wholesalers will only accept Western Union and wire transfer payments. These are not secure payment options so they must be treated with caution. However, the main reason why these are the only payments accepted is that they are in fact the only payment methods available to the Chinese. Getting a credit card in China is an extremely difficult task with a lot of government regulations and strict criteria for getting a card.

So then, despite the risks involved with using Western Union and wire transfer, these are the methods you have to use if you want to import from China with most suppliers. To minimize this risk, our advice is to start with a fairly small shipment of goods so you are not standing to lose too much money if everything falls apart. Then, as trust is established, gradually build up your order over time. On the whole, most Chinese suppliers are genuine, hard working people who want to establish a long-term relationship with you. They need your business, so it’s unlikely they’ll try to deliberately screw you over! Another big issue for sellers importing from China is communication. It can be extremely daunting trying to negotiate complex business issues when communication is so difficult.

To get around this problem, we always ask a new contact for their MSN or ICQ email address and chat to them online. They tend to be very friendly and enjoy talking to people who speak English as a first language (this helps them improve their communication too), plus it gives you a direct point of contact instantly.

With communication now established, you can proceed to ask questions and get them to send you pictures of stock and so on. Once we’ve built up a relationship, we then ask them to send me a sample order. For any genuine company, this isn’t a problem and it allows us to see the quality of the product first hand. We can then be fairly certain that the company is trustworthy, and that this is the product we wish to import.

One thing we haven’t talked about so far is quality. This can be another major concern for sellers who often have difficulty telling whether a brand name product is genuine or not.

In our experience, the vast majority of brand-name goods that come from China are either replicas or fakes. We strongly recommend that you assume that this is the case in the first instance. eBay is currently cracking down heavily on people selling fakes and it is not an area of business we suggest you get into!

Generally, we find that Chinese suppliers are best suited for cheap generic goods (they are manufactured there so you won’t find cheaper anywhere else!) that can be sold at higher rates in Western countries. For example, some of the latest trends are pocket bikes, scooters and generic electronic goods. These goods do not have to have a brand name in order to sell well and they can be purchased wholesale at very good prices if you are serious about importing from China.

This should give you a heads up if looking at dealing with wholesale suppliers in China! Remember, always keep an open mind, ask questions and do your research!

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SaleHoo is one of the fastest growing product sourcing portals on the internet. It contains a database of drop ship, wholesale, closeout and manufacturing suppliers offering thousands of product suppliers to consumers! Located at http://www.salehoo.com, visitors are allowed to sign up for unlimited and lifetime access to the completely searchable database of products and suppliers. The database is regularly updated, ensuring that the latest retail products are always available for purchase and SaleHoo carries the BBB Reliability Seal!

Join SaleHoo Today for their Special Startup Offer!

Visit http://www.wizit.co.nz for more helpfull tips
http://www.wizit.co.nz — we help ordinary people to ear extraordinary money…….

Drop shipping is when the product distributor takes care of all the shipping for you. Rather than ordering stock in bulk, the stock remains with the distributor. Then, when you make a sale, you send an email to the distributor and they pack up the item and send it straight to the customer with your company label on the box.

Drop shipping is a very popular option with sellers because it takes a lot of the grunt work out of selling on eBay. However, there are some major downsides to drop shipping – especially for new sellers.

Here’s a list of the pros and cons of drop shipping so that you can make the right decision for your business.

Drop shipping Pros

1. No storage room required
   You don’t have to fill up your living room with stock and packing materials! This is particularly useful if you are selling large items such as kit-sets, furniture, sporting goods, and so on.
2. No shipping costs getting stock delivered from the distributor
   Drop shipping means you don’t have to pay a carrier to bring stock from the distributor to your own storage area, which can mean big savings in the long term.
3. Spend more time on other areas of your business
   You don’t have to organize the packing and postage system, nor do you have to drive to the post shop each day to post your packages. This gives you a significant increase in time to spend on other tasks such as marketing and communicating with customers.
4. No packaging required
   You save money by not having to order and store packaging materials.

Drop shipping Cons

1. Can be Costly
   You have to pay for the cost of the labor and materials involved in drop shipping. Generally this is between $2 and $5 per item. Many new sellers find that the additional costs of drop shipping greatly reduce their profit margins and sometimes nullify the whole operation. This is the main reason why drop shipping is not a viable option for some sellers.
2. You are still responsible for any shipping problems
   So the item arrived damaged? Was there a shipping delay? You’ll get the flak for anything that goes wrong with the shipping even though it is technically out of your control.
3. Hard to find a distributor who will do it and do it well
   Many distributors will not drop ship because of the extra paperwork involved. Then there is the matter of checking up on quality standards to make sure your items are being packed correctly.
4. Low stock levels may cause unhappy customers
   Your drop shipper won’t necessarily tell you when they are running low on stock. If they run out and have to do a back order, you may end up spending a great deal of time placating a bunch of unhappy and impatient customers.

Drop shipping is a very appealing prospect for many sellers; however it is not always a realistic one. Despite the hassle, ‘doing it yourself’ can often be a more sensible option financially, especially for new businesses.

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SaleHoo is one of the fastest growing product sourcing portals on the internet. It contains a database of drop ship, wholesale, closeout and manufacturing suppliers offering thousands of product suppliers to consumers! Located at http://www.salehoo.com, visitors are allowed to sign up for unlimited and lifetime access to the completely searchable database of products and suppliers. The database is regularly updated, ensuring that the latest retail products are always available for purchase and SaleHoo carries the BBB Reliability Seal!

Join SaleHoo Today for their Special Startup Offer!

Visit http://www.wizit.co.nz for more helpfull tips
http://www.wizit.co.nz — we help ordinary people to ear extraordinary money…….

Not sure where to turn to find your stock? The best idea is to find a couple of supply sources for your items so that if one dries up during a busy period, you won’t be left high and dry.

1. Garage Sales

Garage sales can be a great opportunity to pick up potentially valuable items selling for pennies. However, they do require a regular time commitment and a lot of patience! You’ll quite likely travel around 5-8 sales before you find anything suitable. Going around garage sales requires planning and rising early. The best idea is to look through the morning papers as soon as they arrive. Plan your route to make most efficient use of your time so that you are not doubling back. Make a list of items you would like to find and the maximum amount you would pay to make a profit. And finally, don’t forget to take cash! Take small bills and some change as most garage sale owners only have a small amount on hand. It’s a waste of everyone’s time if you have to race down to the ATM machine. Garage sales can be useful sources, but they rely on luck and have a high time cost per item. Thus, serious sellers don’t rely on garage sales as their sole provider.

2. Liquidation sales

Liquidation sales are a fantastic way of finding brand-name items at enormous discounts. Check your newspapers and look for sales in your area. Before buying from a liquidator check to see why the goods are being sold. Most of the time liquidation sales take place for legitimate reasons such as company bankruptcy, store relocation and so on. However, it always pays to check as you don’t want to end up with a pile of stock you can’t shift. Another thing – don’t bother with liquidation stock that is outside the scope of your business. There is no point buying liquidation bicycle equipment just because it’s cheap when you only sell jewelry.

Alternatively, you can find liquidation sites on the Internet – one such site is http://www.liquidation.com. These sites make it extremely easy to buy liquidation, particularly if you live in an outlying area. One thing – just make sure that the possibility of damaged stock and used or returned items included in the lots is small or non-existent.

Liquidation sales are a great way to supplement your stock, but they can’t be relied upon to restock the shelves.

3. Estate sales

Estate sales can be a goldmine for anyone selling jewelry, vintage clothing, books, furniture and so on. Once again, you need to have an idea of how much you can afford to spend before you go. Don’t forget to buy items your customers would like, rather simply getting caught up in your own enthusiasm for what is for sale. Note that estate sales run by an agent are unlikely to garner the same bargains as one run by the family.

4. Clearance stores

At certain times of the year, most major stores will have a stock clear-out sale. Some of these sales give you the opportunity to buy goods 50% or more below the regular retail value. This can be a fantastic opportunity to find items to sell – or replenish your stocks. Good clearance sales can be equal to or even below a good wholesale price. Don’t forget to overlook small hobby shops in your area with clearance sales either. If you know the store is going to have clearance sales regularly, then this can be one method of getting stock.

5. Wholesalers

Wholesalers are the most reliable method of sourcing goods. While the initial process can be time consuming at first, it is effort that pays off. When you have found a wholesale, you now have certainty of when you are going to receive stock and how much you will have to pay for it. The best way to find wholesalers is to use a directory. Directories remove the risk of dealing with illegitimate wholesalers and give you some peace of mind when dealing with wholesalers and manufacturers from China. Wholesalers should be the mainstay behind your product sourcing.

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SaleHoo is one of the fastest growing product sourcing portals on the internet. It contains a database of drop ship, wholesale, closeout and manufacturing suppliers offering thousands of product suppliers to consumers! Located at http://www.salehoo.com, visitors are allowed to sign up for unlimited and lifetime access to the completely searchable database of products and suppliers. The database is regularly updated, ensuring that the latest retail products are always available for purchase and SaleHoo carries the BBB Reliability Seal!

Join SaleHoo Today for their Special Startup Offer!

Visit http://www.wizit.co.nz for more helpfull tips
http://www.wizit.co.nz — we help ordinary people to ear extraordinary money…….