Expanding your product line can be a great way to sell more to loyal customers or market to new customers. An easy way to expand your product list to find and sell wholesale products.
Wholesale is the selling of goods in large quantities to be retailed by others. As the merchant, you can purchase the products from a wholesaler in bulk at a discount. When you sell to your customers, you can mark up the retail price. Buying wholesales allows you to receive a better per unit price for the items.
There are wholesalers for all types of products like phone number library apparel, beauty, home goods, electronics, and more. You can find wholesalers at:
Directories like Worldwide Brands, Wholesale Central, and Doba
Tradeshows
Going direct to manufacturers
Just be aware of other retailers posing as wholesalers to take advantage of merchants. Instead of discounted wholesale prices, they will offer you the full retail price. Tell-tale signs of a fake wholesaler are charging membership fees (just to do business with them) and offering the same prices to ALL their customers online.
Most wholesalers will require you to apply for a wholesale account and prove you’re a legal business before placing any orders.