Everywhere you look there is somebody staying at home and successfully making money online by selling products on their own website, Amazon or EBay. So how are they doing it? And how are they avoiding all the scams out there? For thousands of online marketers, the answer is simple: SaleHoo!
I’ve sold products online and know just how many scammy platforms there are out there. They want to make you believe you can get rich, but their products and suppliers are very poor quality and wind up costing you money!
I’m going to give you an in-depth review of the SaleHoo program. By the time I’m done, I think you will see the value that they offer and understand why successful people use SaleHoo!
What is SaleHoo?
SaleHoo is the most popular online selling directory service on the internet. What does that mean? They offer a directory of legitimate wholesalers, liquidators, direct manufacturers, and drop shippers that supply products to be sold online for a profit.
What makes SaleHoo different from other product sourcing directories is that they hold every supplier to very rigorous standards before they can be placed in their directory. This is an industry where scam artists thrive, and it’s hard to know who is trustworthy with your hard-earned money. With over 8,000 verified suppliers in their directory, SaleHoo can provide you with many legitimate choices for virtually any product you want to sell online!
Selling Wholesale Products for a Profit
The basics steps of selling wholesale products online are:
- Find great products to sell
- Set up a storefront or set up with a platform such as Amazon or EBay
- Find reputable, low cost suppliers
- Market your products
- Ship products to your customers
- Enjoy your profits!
The first time I looked at that list, the 2 things I was intimidated by the most were finding great products and setting up a storefront to sell them. But the SaleHoo platform has everything you need to build your business and make it a success!
Finding Great Products to Sell!
SaleHoo’s training guide “What Should You Sell?” outlines everything you need to know about how to choose a great product. Then you can use their system to filter products according to:
- Product Type
- Sell Rate
- Average Price
- Competition
SaleHoo has created a Product Research Lab where they input 5,000 products each week and analyze the trends that emerge. With their system, you have the ability to set filters to discover, compare, and save your products ideas and compare them to the latest trends.
You can be confident that you are getting up-to-date information when researching and comparing products. No matter what your niche is, you’ll be able to find profitable items to sell!
Creating a Website or Storefront
***Update***
SaleHoo no longer has the feature to create an online store through their platform. I recommend you check out Shopify to create your online business and utilize SaleHoo’s supplier directory to find legitimate suppliers for your niche. You can see the great platform Shopify has to offer with their free trial and get started today!
Want a website or storefront to sell products? You don’t need to have the technical skills to build your own website because SaleHoo has everything you need to create your online store.
There are 3 plans you can choose from based upon what your needs are, and each one will create a professional, beautiful storefront that is easy for your visitors to navigate. In my opinion, what you get from each of these plans has a great deal of value and is very economical.
Finding Quality Suppliers
It doesn’t matter if you have the best product ideas or the greatest storefront, if you don’t have reputable suppliers for your products, you will not be successful. This is where SaleHoo really shines! With their strict standards, you will be getting a quality supplier you can count on!
With the SaleHoo directory you can use their filters to find all the suppliers that meet your needs. Once you have a list of your options, you can then look up each company for more specific information.
In an industry where there is so much competition and so many chances for a scam artist to empty your pockets, having a trusted source for your wholesale supplier can mean the difference between success and failure.
Managing Your Inventory and Shipping
There are many ways to handle your inventory of items and ship them to your customer. But determining the best way for you depends upon how much room you have to stock the merchandise and how to keep your shipping expenses as low as possible.
Dropshipping–Dropshipping is one of the most popular methods of selling products today and is my personal favorite! When you sell products through drop shipping, you don’t hold an inventory of merchandise.
When a product is purchased from your site, you contact your supplier, or dropshipper, and they send the product directly to the customer. You don’t have to deal with the packaging and shipping at all. In SaleHoo’s 8000+ directory of suppliers, you won’t have a problem finding drop shippers for products you want to sell!
Another great advantage with dropshipping is that you do not have to purchase inventory, which is huge for a new seller beginning their business with very limited start up funds. You don’t pay for the item until it is shipped, and your money stays in your pocket until you actually get a sale!
Amazon Fulfillment–Another extremely popular way to sell products is through Amazon. You have the option to stock your own merchandise and ship it yourself, or Amazon will do it for you through their fulfillment system. You will arrange for your supplier to ship the products directly to an Amazon warehouse. When you sell a product on their site, Amazon ships it directly to your customer.
There are fees associated with this system, but the advantages can outweigh those costs–you’ll need to do the numbers. Many products are available at a substantially lower price when buying in bulk, or a great product may only be available when buying a minimum number of them. Those savings can offset your fees, and another advantage is that your items could be available to your customers who use Amazon Prime for fast shipping.
Between SaleHoo’s supplier directory and Amazon’s Best Sellers list, you can definitely find profitable products to resell. However, when looking to sell on Amazon, keep in mind that there is a lot of competition out there. Many newbies to selling online may want to look at EBay or selling from your own online storefront at first.
==> Check out SaleHoo’s supplier directory here <==
Training and Education
OK, you can find products, create a website, and know the best way to manage and ship your stock, but that still doesn’t mean you feel confident that selling products online is something you can profitably do.
Here’s one of my favorite features of SaleHoo–their education and training! They provide you with their Complete Guide to Running a Successful eCommerce Business which includes:
- Getting Started
- Business Setup
- Importing and Shipping
- What Should You Sell?
- Find a Product Supplier
- Product Sourcing
- Selling on EBay and Amazon
- Starting an Online Store
- Scam Prevention
- Online Selling Tactics
- and a Free Bonus Guide
Their guides are full of the information and provide a complete overview of what you need to do to make money in this business.
However, once you get started you will still have questions, and SaleHoo has a great community forum along with their Help & Support Center. Their Blog and Forum provides thousands of questions and answers on every topic related to starting your business, bringing buyers to your site, and making your business a success!
Free Trial and Pricing
For those of you who’ve read other reviews here at Build Your Early Retirement, you know that we place an extremely high value on being able to access the features a platform has to offer and experience them for ourselves before putting any money on the line. With SaleHoo Stores, you get to do just that!
They offer a 30-day trial where you can sign up without putting down a credit card, build an online store and start to sell products. You will have access to all the support and education you need and can get answers to all of your questions before paying a penny! Considering that many of the people who want to start an online business do not have any experience, this trial period is invaluable. **Update–SaleHoo no longer offers an online store. Shopify is a terrific platform that you can utilize with SaleHoo’s supplier directory.
However, the 30-day trial does not include access to SaleHoo’s wholesale supplier directory. The cost to join is just $67 a year, which breaks down to less than $5.59 a month. They offer a 60 day money back guarantee and that is very generous in this type of online industry. Since most sellers have had a bad experience with a low quality or scam supplier, having 2 months to fully utilize SaleHoo virtually risk free is a big plus.
Build Your Early Retirement Rating
Here at Build Your Early Retirement we will give SaleHoo a rating of 4.7 out of 5. It’s one of our highest recommendations for anyone looking to sell products online. Whether you are a newbie looking to start earning money online for the first time or an experienced marketer looking for first rate suppliers, SaleHoo is a resource you want to use!
Thanks for the great article. It’s a relief that with drop shipping, you would not need to hold the inventory and ship it yourself. Perhaps I missed it in the article, but is there a certain percentage of the sale that gets taken out when you decide to use the drop shipping method? Hope all is well and have a Happy New Year!
With the dropshippers that I used, you simply order the merchandise whenever you got an order from a customer. I paid for the product when I ordered, then put the charge through for the customer once I had notification that the product was shipped. The difference between what the dropshipper charged me and what I charged the customer was my gross profit.
Thanks for stopping by and have a great New Year!
This is great to know! I have been skeptical of dropshipping because I wouldn’t know how reputable the supplier was. But to know that SaleHoo has already weeded them out would pretty much solve that problem. Thanks for mentioning the options of Amazon fulfillment or eBay as well. It looks like the training that SaleHoo offers would help in making decisions about how to sell products, etc. I will definitely keep SaleHoo in mind if I decide to sell products online. Thanks for bringing this to my attention!
You’re welcome, and I’m glad you found it helpful!
Hello; Salehoo seems to be offering a number of business opportunity in the marketing arena? However, it seems like I would have to keep my eyes fixed on my website to know when a sale is made so that I can inform Salehoo to ship off the item to the client?
Once the sale is made that is the important part of the business with Salehoo, is it so? The Amazon is a little diffeerent I think that I understand how Sale works and I like the method,
DorcasW
SaleHoo has the web hosting for your store and the wholesale supplier directory. You will contact the suppliers and buy products to sell or set up the dropshipping with them. When you get a sale, you ship the product if you have the inventory or contact your supplier to order the product and have them ship it to your customer.
Thanks fot this informative article. I hadn’t heard of Salehoo before now. It sounds like they provide a full package including training to set up a commercial website right from the start. Great info on wholesale suppliers too. I feel like I need to investigate this whole thing a bit further.
It’s a great platform–good luck and thank you for stopping by!
This is an interesting platform since you can start up a drop-shipping business for a pretty low price. I’ve thought about giving it a go…but don’t have the time to dedicate to something new just yet. I would think you would want to find a good niche and focus on super-serving people in that arena. I like how there is some training to help you get things going!
The training is one of the reasons that I rated SaleHoo so high. Like any online business, it will take time and there’s a learning curve to get experience. But SaleHoo knows that the more successful you are, the more successful they’ll be, so they provide good training to get started!
Thank you for stopping by!
I’ve been interested in dropshipping for years. I wasn’t aware that you could dropship with Salehoo, though. I thought you needed to find your products and buy them in bulk and then sell them.
Was it always that way or did they change it recently. You can’t view products before signing up with Salehoo can you? I am very interested in shipping essential oils, but I wonder if Salehoo would be a good option for that.
I don’t want to use an MLM or anything like that, though.
I’m not sure when SaleHoo added dropshippers to their list of wholesale suppliers, but I’m glad they did! There’s pros and cons to dropshipping, but for those who don’t have the time or space to keep an inventory, it’s a great way to run an online business with very small start up costs.
Their wholesale supplier catalog does not have a trial period, but for anyone interested in selling products online, the annual cost is very reasonable. Since their online store has a trial period, you can really experience a lot with SaleHoo without a lot of upfront costs.
Thank you for stopping by!
Ok, thanks a lot. I just checked and it does look like their prices are very reasonable.
Thanks for your help.
You’re welcome and good luck!
I’m so disappointed that SaleHoo’s free trial doesn’t include the drop shipping directory. I guess the free trial is for people wanting to learn and already have a product to sale?
The free trial at SaleHoo is for it’s storefronts. So you can set up your online storefront to sell any products that you like. Although their wholesale directory does not have a free trial as well, they do give a 60 day money back guarantee. So there is still a good amount of time to use the service and see how valuable it is to your business. Good luck in your online business!
Great review! This is very interesting, as I have sold a handful of items on eBay in the past and always wanted to make more money that way. The thing is, I never knew where to find good wholesalers and dropshippers to work with. I wish I’d known about this when I first got interested in doing this. Although I am pretty busy with other online business ventures, I do intend to give this a shot sometime in the near future. Now that I know about SaleHoo, I can’t imagine going a different route.
Mark
I’m so glad you found this helpful, and good luck with all your online business ventures!
This is a superb article, very detailed and informative
as you and others have mentioned the biggest stumbling block throughout the years has been trying to find a reputable and trustworthy company/organization to get involved with
now I know one of those at least
thank you
There are definitely scam suppliers out there that will send inferior products or simply take your money and never send the products you ordered. I love the fact that SaleHoo has very rigorous standards that companies have to abide by in order to be listed with them. To me, $67 a year is well worth the peace of mind that you will be working with a legitimate company. Thanks for commenting!
I must admit I’m hearing about SaleHoo for the first time through your blog. It’s a great information you are providing here. However, I’m confused with something. Do I “install” it on my existing website or is SaleHoo site an independent site what you own on payment of a fee depending on the plan you choose? And if I choose the Standard plan, what does the 400 MB monthly bandwidth suggest?
If you have an existing website, there is nothing to install. You can join SaleHoo under their yearly $67 fee and have access to their entire wholesale directory, forum, training, and education. From this platform you can find supplier and products to sell and then incorporate those products on your website. If you don’t have a website, it’s easy and affordable to sign up for a WordPress site.
If you’d rather set up a SaleHoo store, you can, and their training will guide you easily through the process. The standard plan has the 400 MB monthly bandwidth. Bandwidth is the storage limit that stores all your web content for your store–products, blog, etc. Their customer service assures me that 400 MB is very adequate for those starting out. After you get more traffic and are making money, you may want to expand your product line to increase sales. Then the premium package may be what you’ll need.
Thanks for the question!
Very interesting article about a topic i had never turned my attention to. It may not be my thing but i am sure a lot of people will get interested in this idea.
Good article with all the info anyone would need to get started. Great work!
Thank you for taking the time to read and comment!
This is very interesting. I have always liked the idea of drop shipping products for a profit. I see many people online doing it but I had not done any research to see if it was truly profitable.
Looks like these products are really reputable and not just some cheap stuff you may find on similar websites. It would be perfect also for someone who may already have a thriving storefront and they could add some of this inventory to it very easily.
Thanks for sharing. I can see how this can be very profitable and a way to build income prior to retirement.
You’re exactly right, this can be very profitable to build income prior to retirement and easily done during retirement. The problem many have when first starting out is figuring out who to trust as far as suppliers go. There’s a lot of free directories out there, but without strict standards, there’s a lot of scams going on. The low price of SaleHoo is like an insurance policy in my opinion.
Wow! This is very informative and well-written article. I’ve been interested in drop shipping lately and after reading your post I can tell that SaleHoo looks like a great option for finding wholesale suppliers. Do you also need to create a storefront with SaleHoo then or you can choose to do it on your own?
Thanks Blanka! Creating a storefront with SaleHoo is one option you can do, but if you have your own website, you can certainly sell your products through that site. Another great option is to sell items through a platform such as Amazon or EBay.
Thanks a lot!
Hi,
Great information and I would love an early retirement!
I do have a question for you though. How does payment take place especially in the drop shipping example? Would I be correct to assume the cx pays you via credit card or PayPal and you then pay your supplier or is there a way to transfer the payment and just keep your share?
Thanks and I’ll be watching for more great ideas.
You are correct, the customer pays you through your website or store front with a credit card or PayPal, whatever method you set up. Then you order the product from your dropshipper and pay them through the process they have arranged. My dropshipper had my credit card on file and charged it for the product when they shipped it, although other suppliers may have a different payment process. Thanks for the comment and great question!
Let me see if I understand. Do I buy products and sell them at my store front? In other words do I do the shipping of the products or do I sell the product and pass on the sale to a third party? As a retired person I’m always looking for “side” income. Thanks for giving us a place to learn about these opportunities.
There are several different ways that you can sell products. You can buy them, sell them on your store front, and then ship them to your customers. However, you do need to have adequate room to keep an inventory–which most people don’t.
My preferred method is dropshipping. You sell the products on your storefront, then order them from your dropshipper, and your dropshipper ships them directly to your customer. Your profit margins are a little less when dropshipping, but the fact that you’re not dealing with an inventory and shipping makes it more than worth it to me. Plus, you don’t pay for an item until you have an order for it, a big plus in my book!