Selling products has become more competitive in recent years. Due to the rise of e-commerce and the need to find those products that are most lucrative – and the best manufacturers that sell the best products is becoming more difficult with millions to choose from. The majority of the time certain searches could prove to be useless, while some end up being scams, and that’s something that no one should take lightly.
Thankfully, there’s one platform that makes the whole process simple for you. Through the years, SaleHoo has made its mark as one of the most popular e-commerce platforms specializing in dropshipping and wholesale. And in this review, we’ll be taking the time to look closely at the way it operates and what it will cost, and all the features that make up the product directory service. We’ll also tell you in the end if SaleHoo is a good option 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 Vs Yieldstreet
The company was founded in Christchurch, New Zealand in 2005, SaleHoo has become among the most reliable directory of wholesale and dropshipping. It has a database of over 8,000 suppliers all across the globe, with more than 1 million products and brands ready and up for sale. What is what gives SaleHoo an advantage over other directories is that it has been among the first to offer international wholesale contacts for retailers to access new products from any time. SaleHoo takes pride in having more than 137,000 paying members and all are enjoying the benefits the platform can offer.
SaleHoo was developed out of exasperation over not being able to find an wholesaler who could meet the needs of what was then a revolutionary business model. The founders have envisioned it to be a similar database to Google which allows sellers to search for the kind of product they want to sell to their clients. Additionally, retailers are able to interact with their preferred suppliers about the top-selling items being available, and also establish solid business relationships with suppliers. It’s not necessary to fret about trying out different manufacturers individually because all you need to do is to search and link up with the supplier who has the goods that you need.
Wholesale vs. Dropshipping What’s the Difference?
Wholesale is a supply chain management method which involves purchasing items from the manufacturer or supplier’s stock inventory in bulk at a discounted price. Sourcing goods via wholesale is one method to lower the initial selling price, since the products are purchased in bulk and it makes sense that the overall cost be lowered.
To simplify things wholesale methods involve at minimum three steps:
- Inventory is purchased from the manufacturer or supplier who makes them.
- It is put at the supplier’s warehouse.
- When it’s time to sell the items, they are removed from the inventory to be purchased by the customers.
Due to the increasing globalization of the world and the ever-changing industrialization of selling products, wholesale has been getting slowly obsolete in favour of modern methods that are in line with today’s marketing, supply and business requirements. One of the new methods that is currently in lead is dropshipping. Salehoo Vs Yieldstreet
Dropshipping is a new-age method of fulfillment that allows retailers to sell their products without having to stock up their inventory. It has become more commonly utilized in the world of e-commerce. It also results in a lesser risk, a huge improvement over traditional supply chain strategies that frequently suffer from very difficult processing. Dropshipping allows sellers to have the flexibility and advantage to operate their business from anywhere in the world – and all without the hassle that wholesale usually comes with.
A lot of popular eCommerce platforms use drop shipping services, like Sellfy or Redbubble. These platforms can send information regarding customers’ orders to sellers, including product and shipment information. The seller, once they receive the order, forwards the details with the aid of the platform’s tools to the manufacturer or supplier and then they take on the responsibility of making the product in line with the order.
How SaleHoo Works
SaleHoo has made the process of searching for suppliers much easier for retailers. Manufacturers or suppliers register their contact details and also provide important information about their business like the type of products they provide and the minimum number of orders they can accept, and the amount of time it takes for them to send their goods to the platform’s database. Sellers are on the other hand can search for items they would like to sell, which SaleHoo will then direct them to a list of manufacturers that specialize in those items.
It’s easier to search for product suppliers on SaleHoo as opposed to other search engines, like Google. With SaleHoo, the suppliers are permitted to disclose all vital information from contact information to the products they create, so that anyone can find them and get in touch. At Google, the sellers may be lucky to have tracked down the supplier, but they’d have to look deeper for all the information they need. If you compare this to SaleHoo’s process and you’ll see that not only is the process inconvenient, but it is also long-winded.
With SaleHoo, you may check out the newest top-selling products and find out how much they would usually sell on most e-commerce options. You can also look at them against manufacturers or suppliers who made or supplied them to ensure good prices. If you’ve already made your decision you can sign to them at any time. Salehoo Vs Yieldstreet
The cost of membership starts at a cost of $67 per year which gives members full access to all of the features and services offered by SaleHoo, such as their supply database and the member forums for the duration of a year. If you want to extend the subscription, SaleHoo also offers a lifetime access pass, their most recent and most sought-after option, at just $127. The price range offers 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 products in its database at over 16 million. Membership fees, however, cost $299 – which is a major disadvantage for buyer who is on a budget.
Money-back Guarantee Policy
SaleHoo offers an all-in refund policy for those who may not be satisfied with the product. It’s good for 60 days from the first purchase, without asking questions. If you wish to get the entire amount returned, submit any concerns you have regarding to SaleHoo’s e-mail address at email@example.com within those 60 days. Make sure to attach the transaction receipt number in addition to the transaction receipt number. SaleHoo will not take emails that do not include the receipt to prove the purchase.
The Product’s Key Features:
What can a simple rate of $67 buy you? Here are five key products you can anticipate from SaleHoo!
SaleHoo gives users more than 1,000 dropshipping companies to choose from. Each one is thoroughly reviewed and approved to ensure an additional level of credibility. There may have been instances that sellers weren’t sure about SaleHoo enough that they decided to go straight to the supplier only to find out the supplier was a scam all along, eventually losing 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 see information on each of them, including:
- Contact details (phone email, phone number, website Contact information (phone, e-mail, website, etc.)
- The product range they can offer
- Goods’ quality and condition
- Customer reviews
- The locations where they can deliver the goods to
- Methods of how they ship the merchandise
SaleHoo provides you with full, unlimited access to a extensive inventory of products separated into categories. These include clothes, food, shoes, jewelry, cellphones, cameras and antiques, among others. If you conduct business in the United States or abroad SaleHoo will always be ready to serve your requirements.
In addition to dropshipping, SaleHoo lets you select from over 8,000 certified wholesale suppliers. You can browse through each of them with ease, along using an interface that provides important details related to dropshipping. From suppliers who focus on the production of basic everyday essentials to reputable, high-value brands such as Adidas and Disney, SaleHoo has got it all with its wide and extensive selection. Most of them offer their inventory at fair prices which allows you to make an income when you decide to sell them. Many retailers who utilize SaleHoo to sell wholesale items typically will offer branded or licensed goods in their online stores, and also on the most popular marketplaces for e-commerce like Etsy or eBay.
When searching wholesalers on SaleHoo the most important thing to remember is that you’ll need to be more precise than with dropshipping. In contrast to ordering products without the need to stock up stocks, you’ll have to select which wholesaler will deliver to your area. 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
Finding the perfect area of interest may require some time and effort. SaleHoo simplifies the process since it is a market research team that is dedicated to collecting sales data, trends, and more , to provide you with insight into what you can sell in the future. The platform analyzes more than 1.6 million items to help you find the right match with the help of sell rate and competition analysis. You can also view monthly reports on the seasonal trends, as well as the performance of these products in the online marketplace according to sales, supply and demand.
SaleHoo’s market research lab produces precise data, but that may depend on the region and currency. Members also have the opportunity to evaluate various product categories, sometimes with the aid of visual graphs, which means they can be educated and educated on what to sell the next time.
The Training and Support Systems
Making use of SaleHoo is an overwhelming task when you try this for the very first time. Luckily SaleHoo has got you covered since it provides fantastic customer support and instruction tools that will ensure you get the most out of it.
Customer Care Service
SaleHoo has been raved about by many people for its excellent customer service. It believes that being a part of the community is just as important as selling. If you have anything you’d like to share with the team, such as suggestions, tips, and any assistance, you are able to approach them by calling on your phone or sending an email or, if you’re frequently on the site, using the built-in live chat feature to talk to an SaleHoo expert.
If you require assistance quickly, go to their social media accounts in addition to Facebook and Twitter. Note that customer service is mostly available every week between Monday and Friday, from 5:30 pm to 11:30 am on the next day (EST). The customer service of SaleHoo is available for a 24-hour period on weekends and holidays.
Free Lessons and Forums
The list doesn’t end there! In addition to being SaleHoo excellent for customer service however, it also provides an abundance of free business resources. There are approximately 50 step-by step videos and guides in the form of “Free Lessons,” with an array of subjects about how to run a company efficiently in the present including selling on Amazon and eBay as well as business registrations, dealing with imported goods, and more. Furthermore, you will get access to the forum section of the platform that is live, where you may choose among a variety of topics and interact directly with other sellers.
SaleHoo’s dashboard is integrated with three of the most important elements when it comes to selling products, suppliers, and training. You get to keep track of the suppliers you have previously worked with and approach them whenever you wish to work with them again. Interactions are also made easy by the ability to chat with one another via live chat, and be notified whenever you receive new notifications from manufacturers.
The dashboard allows you to monitor the other features of SaleHoo’s platform without any hassle. You can track your progress on some of the courses you’ve just opened. You can even keep track of your interactions with other sellers by using the live chat forum.
SaleHoo: The Pros
- Excellent customer service. Positive reviews from customers are overwhelming as well as there are numerous different lead times and options for a variety of stores.
- Variety of brands available. From licensed, established brands to those that focus on basic needs, SaleHoo has got it everything.
- Reputable suppliers. Each one has undergone an intensive approval process.
- Seller-focused training tools. A lot of guides are free and contain information that sellers can relate to, since they’re created by people who used to be sellers themselves.
- No hidden fees in sight. All you have to do is pay the flat price starting at $67 to gain access to SaleHoo’s features, and nothing else.
- No-questions-asked money-back policy. Within 60 days of the purchase date, you get access to a myriad of things and a full refund if you aren’t satisfied.
- Low to no minimum orders. This is a great option for wholesale retailers who could or may not have the budget or do not are able to store enough space for their stock.
- Crazy accurate market research features. Access to a thorough analysis of the trending industry, product and competitive levels is in the palm of your hands.
SaleHoo: The Con
- A confusing interface. Especially for beginners, all the information and features that SaleHoo offers may seem overwhelming.
- Less-stellar marketplace fees. If you’re planning to sell the products you’ve bought via SaleHoo for Amazon or eBay it’s likely that the profit margin may not be fantastic, which may hurt your company in the long term.
- Difficulty in creating your branding. With SaleHoo, it’s hard to establish a brand is yours since most of the products you will see will be from other established brands.
- A smaller selection of items offered. If you compare SaleHoo’s 1.6-million products with Worldwide Brands’ 16 million and you’re likely to be disappointed considering it.
What’s the most suitable SaleHoo for You?
You should use SaleHoo if:
- … you are a beginner and looking to establish your dropshipping company.
- … You are seeking a product database platform with all the available tools and features that will simplify your life.
- … You do not want to spend endless hours of looking for the correct suppliers.
- … you wish to earn extra money in the meantime.
- … you’re looking to get funds in order to create your e-commerce platform.
Do NOT Use SaleHoo if:
- … you are serious about starting a full-fledged business and going all-out with selling more products.
- … you wish to have more suppliers and product options to choose from.
- … You’re still not convinced enough to try out all its options and features.
Final Thoughts on SaleHoo
SaleHoo is an excellent online shopping solution , especially for those who are just starting out on sourcing product inventories through Wholesale or dropshipping. What’s great about it is that it comes with a lesser amount of risk. You’re able to join with suppliers that can accept smaller or no minimum orders as well as it takes lesser time to search for the product you want to sell to your clients. Salehoo Vs Yieldstreet
In addition, you receive excellent training, customer service, and important tools to help build a working relationship with both the manufacturers as well as fellow SaleHoo members. The platform has made it evident that its primary focus is on the retailer – you can concentrate on your business to grow it to new heights. Growing your business could be difficult to manage however, if you’re willing to commit to it, then you should give SaleHoo a trial!
FAQ Salehoo Vs Yieldstreet
Is it possible to end the subscription to my SaleHoo subscription?
Yes – you may e-mail or call the customer service at SaleHoo in the event that you want to cancel your subscription. You are able to cancel your subscription in the initial 60-day period after the date of your first purchase, as provided by the refund policy. You may also cancel even after the time period has ended However, keep in mind that you cannot receive your money back.
Does SaleHoo be integrated with Shopify?
SaleHoo allows you to easily connect to Shopify for your business needs. It’s as easy as going to the dashboard and clicking “Connect Store,” after which you’ll have the option of choosing from an array of trendy and high-profit products to be added into your Shopify storefront.
Are you able to earn money through dropshipping?
You could earn money by dropping shipping if 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 low operating costs. Salehoo Vs Yieldstreet