Selling products has become more competitive in recent years. With the advent of e-commerce, searching for those products that are most lucrative – as well as the most reliable manufacturers who sell the best products is becoming increasingly complicated with millions to choose from. Most of the time the results of some searches be unsuccessful, while others end up as scams. That’s something no one should ever be tempted to do.
Thankfully, there’s one platform that makes the entire process easy for you. In the past, SaleHoo has made its reputation to be one of the largest online stores that specialize in dropshipping and wholesale. In the following review we’ll take a close look at how it works, how much it will cost, and all the features that make up the product directory service. We’ll let you know whether 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. Do check out our article below, however, because it has a comprehensive overview of SaleHoo.
SaleHoo: An Overview Salehoo Profit Margins
Established in Christchurch, New Zealand in 2005, SaleHoo has become among the most trusted dropshipping and wholesale directories. It covers more than 8,000 suppliers around the globe, offering more than 1 million products and brands available for sale. What gives SaleHoo the advantage over competing directories is that it has been among the first to provide international wholesale contacts for retailers to gain access to new items everywhere. SaleHoo is proud to boast over 137,000 paying member users who are enjoying the benefits that the platform offers.
SaleHoo was created in frustration over finding an appropriate wholesaler to meet the needs of what was then a groundbreaking business model. The founders have envisioned it as a database similar to Google, where sellers can search for the kind of product they would like to promote to their customers. Additionally, retailers get to communicate with their suppliers of choice over the most popular products available, and also establish solid business relationships with them. It’s not necessary to fret about testing out manufacturers one-by-one because all you have to do is look up and connect with the vendor who offers the items you require.
Wholesale and. Dropshipping: What’s the Difference?
Wholesale is a method of managing supply chain that involves purchasing products from the manufacturer or supplier’s stock inventory in bulk at a discount cost. Wholesale purchasing is a way of reducing the original selling price, since the products are purchased in bulk so it is logical that the cost of purchase should be lowered.
To simplify things wholesale methods involve at least three steps:
- The inventory is bought from the supplier or manufacturer that produces them.
- The inventory is then stored at the supplier’s warehouse.
- When it’s time to market the merchandise, the items are taken from the inventory and purchased by the customers.
With the growing globalization and changing industrialization of selling products, wholesale is slowly becoming outdated in favor of new methods that meet today’s supply, marketing and business requirements. And one of those which is currently in the leading position is dropshipping. Salehoo Profit Margins
Dropshipping is a cutting-edge order fulfillment technique that allows retailers to sell their items without needing to fill with their inventory. It is increasingly used in the e-commerce world. This results in less risk, a major difference from traditional supply chain strategies which typically suffer from difficult processing. Dropshipping gives sellers the freedom and flexibility to run their business anywhere in the world – and all without the hassle wholesale usually comes with.
Many of the most popular online stores make use of drop shipping services, like Sellfy and Redbubble. These platforms will send details regarding customers’ orders to sellers along with the shipment and product details. Once the seller receive the order, sends the information with the help of the platform’s tools to the supplier or manufacturer, which then takes the responsibility for making the products accordingly.
How SaleHoo Works
SaleHoo has made the process of searching for suppliers easier for retailers. The suppliers or manufacturers register their contact information and also provide important information about their business like the type of items they sell as well as the minimum amount of orders they are willing to accept, and how long it takes to ship their goods to the database of the platform. Sellers, on the other hand are able to look up items they would like to sell, which SaleHoo will then direct them to a list of manufacturers that specialize in these items.
It’s much simpler to look for suppliers of products on SaleHoo as opposed to other search engines, like Google. With SaleHoo suppliers, they are allowed to share all the vital information, from contact numbers to the products they create, so that anyone can be able to see them and contact them. With Google sellers might be fortunate enough to track the source, but they’d still have to look deeper for all their basic info. If you could look at the process of SaleHoo, you may find that not only is the method unreliable, but it is also extremely long-winded.
With SaleHoo, you may check out the newest products, most popular items and how much they would usually sell for on the majority of e-commerce platforms. You may also look at them against manufacturers or suppliers who produced or supplied them to ensure good prices. If you’ve already made your decision, you can link them up anytime. Salehoo Profit Margins
The membership fee starts at a cost of $67 per year and gives users access to all of SaleHoo’s services and features like the supply directory and the member forums, for an entire year. If you want to extend your membership, SaleHoo also offers a lifetime access pass, their most recent and most popular option, costing just $127. The price range gives SalesHoo an edge over other similar platforms for supplier directory. What makes it stand out is the price that is more affordable. Worldwide Brands, for example has twice as many items listed in its database, which is more than 16 million. The membership fees are priced at $299 – an enormous disadvantage for price-conscious online retailer.
Money-back Guarantee Policy
SaleHoo offers a 100% refund policy for those who aren’t satisfied with the platform. It’s valid for 60 days from the first purchase, with no questions asked. If you wish to get the entire amount back, you can forward all of your questions the sale to SaleHoo’s email address email@example.com within those 60 days. Make sure to attach an invoice number for the transaction in addition to the transaction receipt number. SaleHoo will not take messages that don’t include the receipt to prove the purchase.
Key Features: The Products
How far can a flat price of $67 bring you? Here are five important products you can anticipate from SaleHoo!
SaleHoo gives users more than 1,000 dropshipping suppliers to choose from. Each of them has been carefully scrutinized and approved to give an additional level of credibility. There have been occasions where some sellers couldn’t trust SaleHoo so much that they chose to contact the supplier only to discover that the company was a scam all along, eventually losing money in the process.
The interface of the platform allows you to look up dropshipping providers quickly. You can use this interface to see information on each of them, including:
- Contact information (phone or e-mail address, website, etc.)
- The range of products they are able to offer
- Quality and condition of goods
- Customer reviews
- The places where they are able to deliver the goods to
- Methods to ship the items
SaleHoo provides you with full, unlimited access to a rich product inventory separated into categories. This includes food, clothes footwear, shoes, jewelry cameras, cellphones and antiques, in addition to other items. Whether you do your international or domestic business SaleHoo is there to attend to your needs.
In addition to dropshipping, SaleHoo lets you choose among over 8,000 certified wholesale suppliers. You can browse through each of them with ease, along using an interface that provides the most important information related to dropshipping. From companies that focus on creating basic daily necessities to legitimate, high-value brands like Adidas as well as Disney, SaleHoo has got it all in its vast diverse selection. The majority of them market their inventories at genuine rates and allow you to earn an income when you sell them. The majority of retailers that use SaleHoo to sell wholesale items typically will offer items that are licensed or brand-named on their online web stores, and also on popular e-commerce marketplaces such as Etsy and eBay.
When searching for wholesalers on SaleHoo, one important thing is that you’d have to be more specific than with dropshipping. Instead of ordering items with no necessity to stock up on stocks, you’ll need select a wholesaler who is able to deliver to your address. It is also possible to choose the closest one to your area. In addition, SaleHoo’s search engine comes with options where you can also sort your search by minimum order which is faster and more convenient than many Google searches.
Market Research Labs
The search for the right market could take some time and effort. SaleHoo helps you find it quicker as it is a market research team that collects sales data, trends, and other information to provide you with insight into what to sell in the near future. The platform tracks over 1.6 million products to find an appropriate product with the aid of sales rate and competition analysis. In addition, you can look at monthly reports of seasonal trends as well as the performance of these products in the online marketplace based on sales, supply and demand.
SaleHoo’s market research lab generates data with pinpoint-accurate detail, but that may depend on the place of operation and the currency. Members can also compare various product categories, sometimes with the aid of visual graphs so that they are informed and educated on what to sell the next time.
The Training and Support Systems
Making use of SaleHoo is a big task if you’re trying it for the first time. Luckily that SaleHoo has your back covered as it provides excellent customer support and instructional tools to assist you in making the most out of it.
Customer Care Service
SaleHoo has been raved about by many customers for its outstanding customer service. The company believes that being a part of the people who use it is as crucial as selling. If you have anything you’d like to discuss with the team, such as ideas, suggestions, or any assistance, you are able to contact them via their phone number, sending them an e-mail, or, if you’re frequently on the site, using the built-in live chat feature to talk to a SaleHoo professional.
If you require assistance quickly, visit their social media accounts as well thru Facebook or Twitter. Note that customer service is generally available from Monday through Friday between 5:30 pm and 11:30 am on the next day (EST). SaleHoo’s customer service is also available for a limited 24-hour time frame on holidays and weekends.
Free Forums and Lessons
There’s more! Not only is SaleHoo outstanding for customer service and customer support, but it also offers numerous free business guides. There are more than 50 step-by-step tutorials and videos in the form of “Free Lessons,” with an array of subjects regarding how to run your company efficiently in the present, such as trading via Amazon and eBay and business registrations, handling imported items, 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 in person with sellers.
SaleHoo’s dashboard integrates three essential elements when it comes to selling products, suppliers, and training. It allows you to keep track of the companies you’ve previously collaborated with, and contact them anytime you’d like to collaborate again. Communication is also easy – you may chat with one another via live chat and get notified whenever you receive new notifications from manufacturers.
The dashboard lets you monitor the other features available on SaleHoo’s platform without any hassle. You can track the progress you’ve made on the lessons in training you’ve recently opened. You can even keep track of your interactions with other sellers via the live chat forum.
SaleHoo: The Pros
- Exceptional customer service. Reviews are overwhelmingly positive and there are many choices and lead times for various stores.
- A wide selection of brands to choose from. From licensed, established brands to those that focus on the basics, SaleHoo has got it everything.
- Trusted suppliers. Every single one of them has gone through an extensive approval procedure.
- Training tools for sellers. Many free guides contain information that sellers can relate to since they’re written by people who used to sell themselves.
- No hidden fees in sight. Only pay the flat price starting at $67 to gain access to SaleHoo’s features and nothing more.
- No-questions-asked money-back policy. For only 60 days from the first purchase, you get access to a myriad of things and a full refund if you’re not satisfied.
- No minimum order requirements. This is an ideal option for wholesale retailers who could or may not have the budget or do not possess enough space to store their inventory.
- Crazy accurate market research features. Access to a thorough analysis of the trending industry, product and competitive levels is right in your hands.
SaleHoo: The Con
- A confusing interface. Especially for beginners, all the information and features that SaleHoo can provide you with could seem overwhelming.
- Less-stellar marketplace fees. If you’re planning to sell the products you’ve bought via SaleHoo to Amazon or eBay there’s a good chance that the profit margin may not be fantastic, which may affect your business over the long haul.
- It’s difficult to establish your brand. With SaleHoo it’s difficult to cultivate a brand that you can claim as your own since most of the products that you’ll see are from other established brands.
- Lesser range of products offered. If you compare SaleHoo’s 1.6-million product range to Worldwide Brands’ 16 million, you might be underwhelmed when you think about it.
How Suitable is SaleHoo is for you?
You Should Use SaleHoo if:
- … you are an absolute beginner and you are now you are ready to start a dropshipping business.
- … you are looking for a product database platform that has all the tools and features that will simplify your life.
- … you do not want to spend endless hours of looking for the right product suppliers.
- … you wish to earn some extra cash by doing side hustles.
- … you’re trying to get funds in order to create your own e-commerce website.
Do NOT Use SaleHoo if:
- … you’re determined to start a full-time company and are looking to go all-out in the purchase of more goods.
- … you’d like to have a wider selection of suppliers and product options to pick from.
- … You’re still not yet convinced enough to try the entire range of features and processes.
Final thoughts on SaleHoo
SaleHoo is a great e-commerce solution , especially for those who are just starting out on sourcing product inventories through Wholesale or dropshipping. What’s great to it is the fact that there are lower risks. You’re allowed to link up with suppliers that allow lesser or no minimum orders, plus it takes much less time and effort for the product that you want to sell to your clients. Salehoo Profit Margins
In addition, you receive excellent training, support for customers as well as essential tools to help build a working relationship with both the manufacturers as well as fellow SaleHoo members. The platform has been clear in its focus on the retailer . You can concentrate on your business and grow it to new heights. Building up your business may be a challenge to behold but if you’re committed to the task, you must give SaleHoo a trial!
FAQ Salehoo Profit Margins
Is it possible to cancel the subscription to my SaleHoo subscription?
Yes – you may e-mail or call SaleHoo’s customer service in the event that you want to cancel your subscription. You can cancel in the initial 60-day period after the purchase you made as covered by the refund policy. You can also do so until the end of the period, but take note that you won’t get your money back.
Does SaleHoo be integrated with Shopify?
SaleHoo makes it easy to integrate with Shopify for the needs of your business. It’s as easy as visiting the dashboard, and then clicking “Connect Store,” after which you’ll be able to select from a an array of trendy and lucrative products that you can added into the Shopify storefront.
Do you earn money from dropshipping?
You can make a profit through drop shipping if you’re a merchant. However, be aware that it is simply not only a method to make fast cash, as there are a lot of risks and disadvantages, aside from the fact that it is low risk and running costs. Salehoo Profit Margins