The selling of products has become increasingly competitive in recent times. Due to the rise of e-commerce finding the most profitable products – and the most reliable manufacturers who sell them – is getting more difficult with millions of options to pick from. Most of the time certain searches could be unsuccessful, while some end up being scams, and that’s something that no one should do lightly.
There’s a platform that makes the whole process easy for you. Over the years, SaleHoo has made its mark in the market as being one of the largest e-commerce platforms specializing in wholesale and dropshipping. In the following review we’ll take the time to look closely at how it functions, how much it costs, as well as the various features of this directory of products. We’ll also tell you in the end if SaleHoo is the best fit for your business!
For those of you who prefer a more visual experience, here is a video review from Zinho Explain’s YouTube channel. To get a comprehensive overview of SaleHoo, you may still want to check out our article below.
SaleHoo An Overview Salehoo Kraken
The company was founded in Christchurch, New Zealand in 2005, SaleHoo has become among the most respected distributors of drop-shipping as well as wholesale. It covers more than 8,000 suppliers around the globe, with more than 1 million products and brands available for sale. What gives SaleHoo the advantage over competing directory platforms is that it’s one of the first to provide international wholesale contacts for retailers to get access to the latest products from any time. SaleHoo takes pride in having more than 137,000 members who are paying and all are enjoying the benefits that the platform offers.
SaleHoo was born as a result of frustration at not being able to find an appropriate wholesaler to meet the needs of what was then a revolutionary business model. The founders have envisioned it as a similar database to Google which allows sellers to look up the type of product they wish to market to their customers. In addition, retailers also have the ability to contact their preferred suppliers about the most popular products provided, and can even establish a strong business relationship with suppliers. It’s not necessary to fret about trying out different manufacturers individually since all you need to do is just look up and connect with the supplier who has the items you require.
Wholesale vs. Dropshipping: What’s the difference?
Wholesale is an approach to managing supply chains which involves purchasing items from the supplier’s or manufacturer’s stock inventory in bulk at a discount price. Sourcing goods via wholesale is one method to lower the initial selling price, since the products are bought in large quantities so it is logical that the cost of purchase should be decreased.
To simplify, the wholesale method involves at least three steps:
- The inventory is bought from the manufacturer or the supplier that produces them.
- This inventory then gets stored in the warehouse of the supplier.
- When it’s time to sell the items, they are taken from the inventory and purchased by the customers.
Due to the increasing globalization and ever-changing industrialization of selling products wholesale has been getting slowly old-fashioned in favor of more modern techniques that can meet the current supply, marketing and business standards. One of the new methods that is currently in forefront is dropshipping. Salehoo Kraken
Dropshipping is a new-age method of fulfillment that allows retailers to sell items without needing to fill up their inventory. It has become more commonly utilized in the world of e-commerce. It also results in a lesser risk, a huge leap from traditional supply chain methods which often suffer from tricky processing. Dropshipping lets sellers have the freedom and flexibility to run their business anywhere in the world – and all without the hassle that wholesale usually comes with.
Many of the most popular online stores make use of drop shipping options, including Sellfy as well as Redbubble. These platforms will send details regarding customers’ orders to the seller with regards to the product and shipping information. Once the seller receive the order, forwards the data with the help of the platform’s services to the manufacturer or supplier, which then takes the responsibility for making the goods in accordance with the specifications.
How SaleHoo Functions
SaleHoo is making searching for suppliers much easier for retailers. Manufacturers or suppliers sign up their contact information as well as some important information about their business like the type of products they provide as well as the minimum amount of orders they are willing to accept, and how long it takes to deliver their products to the platform’s database. Sellers however are able to look up the items they wish to sell, which SaleHoo will then redirect them to the manufacturers’ list that specialize in those items.
It’s much easier to look for the suppliers of your products on SaleHoo than other search engines such as Google. With SaleHoo suppliers, they are permitted to share all important information from contact information to the products they create to allow anyone to be able to see them and contact them. With Google sellers might be fortunate to have tracked the supplier down, however, they’d have to dive deeper to find all their basic info. If you examine the SaleHoo process and you’ll see that SaleHoo’s method inconvenient, but also long-winded.
With SaleHoo, you may look up the latest products, most popular items and the price they typically sell on the most popular e-commerce sites. You may also examine them against manufacturers or suppliers who made or supplied them to ensure great deals, and if you’ve made a decision, you can link them up anytime. Salehoo Kraken
Membership costs begin at the cost of $67 per year, giving users full access to all of SaleHoo’s features and services like the supply directory and the member forums, for an entire year. If you’d like to extend the membership, SaleHoo also offers a lifetime access pass, their recent and most well-liked option at just $127. This price range provides SalesHoo an advantage over other similar platforms for supplier directory. The thing that makes SalesHoo standout is the more affordable rate. Worldwide Brands, for example has twice as many items listed in its database, which is more than 16 million. Membership rates, however, are $299, an enormous disadvantage for budget-conscious online seller.
Money-back Guarantee Policy
SaleHoo provides a full refund policy for those who are not satisfied with the platform. It’s valid for 60 days from the date of purchase without any questions asked. If you’d like to get all your money back, you can submit any concerns you have regarding to SaleHoo’s email address at firstname.lastname@example.org within those 60 days. Include a transaction receipt number in addition to the transaction receipt number. SaleHoo will not entertain emails that do not include a receipt as proof of the purchase.
Key Features: The Products
What can a simple price of $67 bring you? Here are five important products that you can expect from SaleHoo!
SaleHoo provides users with over 1000 dropshipping providers to select from. Each one is thoroughly reviewed and approved to ensure added legitimacy. There are instances when sellers were unsure about SaleHoo so much that they chose to directly contact the supplier, only to find out the supplier was a scam throughout, and eventually lose money in the process.
The interface of the platform allows you to look up dropshipping companies effortlessly. On this page, you will be able to view details about every one of them, which includes:
- Contact details (phone, e-mail web site Contact information (phone, e-mail, website, etc.)
- The range of products they provide
- Goods’ quality and condition
- Customer reviews
- The places where they are able to send the items
- Methods of how they ship the goods
SaleHoo gives you full, unlimited access to a extensive inventory of products divided into categories. This includes clothing, food and shoes, jewelry, cameras, cellphones and antiques, among others. No matter if you operate your business domestically or internationally SaleHoo will always be available to meet your needs.
Apart from dropshipping, SaleHoo lets you choose among over 8,000 wholesale suppliers that have been certified. You can browse through each of them easily as well by using an interface to display important details related to dropshipping. From suppliers who focus on creating basic daily items to authentic, premium brands like Adidas and Disney, SaleHoo has got it all with its wide diverse selection. Nearly all of them sell their inventory at fair prices and allow you to earn profits when you offer them for sale. Most retailers who use SaleHoo for wholesale matters usually will offer products that are licensed or branded on their online web stores as well as on popular e-commerce marketplaces such as Etsy or eBay.
If you’re looking wholesalers on SaleHoo, one important thing is that you’d have to be more specific than you would when using dropshipping. In contrast to ordering products without the need to stock up stocks, you’ll need to select which wholesaler can ship to your location. You may also get to pick one nearest to your location. In addition, SaleHoo’s search engine has options in which you can sort by minimum orders – a process faster and more efficient than multiple Google searches.
Market Research Labs
The search for the right market could take some time and effort. SaleHoo makes it easier because it is a market research team dedicated to collecting sales data, trends and more , to give you a better understanding of what you can sell in the future. The platform monitors over 1.6 million products to find the right match with the help of the sell rate and analysis of competition. In addition, you can view monthly reports on the seasonal trends, as well as how well they perform in the e-commerce market in relation to supply, sales, and demand.
SaleHoo’s research lab for market research generates precise data however, it is subject to change depending on the region and currency. Members also get to compare diverse product niches using visual graphs, so they are informed and enlightened on which to sell next.
Systems for Training, Support and Education
Making use of SaleHoo can be quite an overwhelming task when you’re trying this for the very first time. Luckily SaleHoo has your back covered as it offers excellent customer service and training tools to assist you in making the most out of it.
Customer Care Service
SaleHoo has been praised by many for its exceptional customer service. It believes that focusing on the community is just as important as selling. If you have any concerns you’d like to share with the team, such as ideas, suggestions, or any assistance, you are able to reach them by calling the phone, sending an email, or, if you’re frequently on the site by using the live chat option with an SaleHoo professional.
If you need immediate assistance, visit their social media profiles as well thru Facebook as well as Twitter. Take note that customer service is mostly available every week from Monday through Friday from 5:30 pm to 1:30 am the next day (EST). The customer service of SaleHoo is accessible for a limited 24 hour period on weekends and holidays.
Free Forums and Lessons
There’s more! Not only is SaleHoo excellent in terms of customer support, but it also has an abundance of free business resources. There are approximately 50 step-by step guides and videos in the form of “Free Lessons,” with various topics regarding how to run your business effectively today including the selling process on Amazon and eBay, business registrations, handling imports, and much more. Additionally, you get to get access to the platform’s live forums section which allows you to pick between different topics and talk directly with other sellers.
The dashboard of SaleHoo is integrated with three of the most important elements when it comes to selling the products, suppliers and training. It allows you to save and store the companies you’ve previously worked with and approach them whenever you wish to collaborate again. Interactions are also made easy and you can chat with one another via live chat, and be notified every time you receive new messages from the manufacturer.
The dashboard lets you keep track of the other features available on SaleHoo’s platform without any hassle. You can track your progress in some of the lessons in training you’ve recently completed. You can also monitor the interactions you have with other sellers by using the live chat forum.
SaleHoo: The Pros
- Excellent customer service. Reviews are overwhelmingly positive, plus there are many choices and lead times for various stores.
- Wide range of brand choices. From established, licensed brands to those that are specialized in basic needs, SaleHoo has got it everything.
- Trusted suppliers. Each and every one of them has been through a rigorous approval process.
- Training tools for sellers. A lot of guides are free and contain details that sellers can relate to since they’re written by those who used to sell themselves.
- No hidden fees in sight. All you have to do is pay the one-time fee beginning at $67 for access to all of SaleHoo’s features, and nothing else.
- No-questions-asked money-back policy. Only 60 days after the first purchase, you get access to a myriad of things such as a refund in the event that you aren’t satisfied.
- No minimum order requirements. This is an ideal option for wholesalers who might or may not have the budget or do not are able to store enough space for their inventory.
- Crazy accurate market research features. Access to a thorough analysis of the trending industry, product and levels of competition is right in your hands.
SaleHoo: The Con
- The interface is a bit confusing. Particularly for novices, all the information and features SaleHoo can provide you with could seem overwhelming.
- Less-stellar marketplace fees. If you intend to sell the products you’ve sourced from SaleHoo on Amazon or eBay there’s a good chance that your profit margin won’t be as high, which could hurt your company in the long term.
- The difficulty in creating your own brand. With SaleHoo, it’s hard to cultivate a brand that you can claim as your own since most of the products you’ll find will come of other brands that are already established.
- The range of products is smaller. If you contrast SaleHoo’s 1.6-million product range to Worldwide Brands’ 16 million and you’re likely to be disappointed when you think about it.
What is the best option for you? SaleHoo for You?
You Should Use SaleHoo if:
- … you’re an absolute beginner and you are now you are ready to start your dropshipping company.
- … you are seeking a product database platform that includes all the tools and features to simplify your life.
- … you don’t want to endure long hours of searching for the correct suppliers.
- … you want to earn extra money in the meantime.
- … you want to get funds in order to create your e-commerce platform.
Do NOT Use SaleHoo if:
- … you’re committed to starting a fully-fledged business and going all-out with stocking more products.
- … you wish to have a wider selection of suppliers and product choices to pick from.
- … You’re still not yet convinced enough to try out all its options and features.
Final Thoughts on SaleHoo
SaleHoo is an excellent e-commerce solution to use, especially if you’re getting started on the process of sourcing inventory for your products through Wholesale or dropshipping. What’s great to it is the fact that it comes with a lesser amount of risk. You’re allowed to link up with suppliers that allow lower or no minimum order, plus it takes much less time and effort to look for the product that you want to sell to your clients. Salehoo Kraken
You also get exceptional training, support for customers, and important tools to aid in building a connection with both the manufacturers as well as fellow SaleHoo members. The platform is clear in its focus on the retailer . You can concentrate on your business and expand it to greater heights. Building up your business may be a challenge to behold however, if you’re willing to commit to it, then you must give SaleHoo a trial!
FAQ Salehoo Kraken
Is it possible to cancel the subscription to my SaleHoo subscription?
Yes – you may e-mail or call the customer support at SaleHoo for cancellation of your account subscription. You can cancel within the first 60 days following the date of your first purchase, as provided by the policy on refunds. You may also cancel until the end of the period, but take note that you won’t return your money.
Does SaleHoo be integrated with Shopify?
SaleHoo allows you to easily integrate with Shopify for the needs of your business. You can do this by going to the dashboard, and then clicking “Connect Store,” after which you can choose among the many options of popular and profitable products that can be imported to the Shopify storefront.
Can you make money from dropshipping?
You can make a profit through drop shipping if you’re a merchant. Be aware that drop shipping isn’t just a way to earn quick cash, since it has lots of challenges and drawbacks to consider, apart from the fact that it is low risk and low operating expenses. Salehoo Kraken