Monday, April 12, 2010

How to Source Products to Sell on eBay from Multiple Wholesalers by Worldwide Brands

Article by Worldwide Brands - this is a series of 14 blog posts providing information on how to find inventory and products to sell on eBay from wholesalers with Worldwide Brands and their Product Sourcing Tool for eBay.

Blog 13: Handling low inventory for eBay Selling

Once you determine your niche and find a wholesale supplier who will support you selling on eBay, it becomes the responsibility of the seller to check the inventory levels of the supplier before posting a new listing. What do you do when you find that your wholesale supplier is running low on your most popular inventory items – or any item for that matter?

Find Alternative Sources for the Same Wholesale Product
You need to have a backup source of supply. But how do you find other suppliers offering the same brands or products – or suitable substitutes that you can list when you suspend your normal listing. eBay provides help from one of eBay’s Certified Solution Providers: You can now purchase access to the Worldwide Brands Product Sourcing Tool in the Selling Manager area of ‘My eBay’. This wholesale database contains the contact details for more than 8,000 certified wholesale suppliers including drop shippers, volume wholesalers, light bulk wholesalers, liquidators and importers who together represent more than 8,000,000 products.

Find an Alternative Wholesale Supplier
You can search the database by product, product category, and brand to find alternative wholesalers who will supply the same product. It is a good practice to open an account with this alternative supplier. It is also a good practice to make a test order from the supplier so that you can verify the quality of the product is to your standards, and test the wholesale supplier’s packaging and shipping methods.

Secure Alternatives before You need Them
Without a Tool like this, you may spend many hours trying to find alternative sources of supply. It’s important to have an established relationship in place with an alternative supplier before you need them. It’s too late to start trying to set up an account with an alternative wholesaler when you have orders in hand and your regular supplier cannot fulfill orders for you.

If drop shipping, make sure to keep some inventory on hand, especially for top selling items.
At some point, you will run into an out of stock situation with a supplier for a particular product, it is strongly recommended that you keep a few items on hand to prevent any delay in shipment to your customer. Any remaining listings can then be turned off to prevent any further orders.

Being an online retailer requires constant attention to product sourcing, right priced buying and delivering excellent buying experiences. Product Sourcing is a continual but easy process when done correctly.

Check out Worldwide Brands Product Sourcing Tool for eBay today! A 7 Day Free Trial is available.

Worldwide Brands is an eBay Certified Service Provider, providing product sourcing access and information for eBay sellers. They are the publishers of an extensive directory of legitimate, fully-verified ecommerce wholesalers and manufacturers.

1 comment:

dvalien said...

Excellent information for new sellers to Ebay like myself.