In this post, we’re going to do an in-depth SaleHoo Review. Today, e-commerce is a booming industry, people who sell through e-commerce and earn millions of dollars. The explanation behind e-commerce’s popularity that, by sitting in the comfort of home, consumers want to shop and enjoy all items at the cheapest price. If you’re looking to get involved in this business then that’s the right moment. We did extensive SaleHoo analysis for you in this article.
The growing power e-commerce business!
Why are people involved in doing the e-commerce sector and that too? People are interested in doing this business because it offers them plenty of facilities that every worker wants to enjoy. That includes working from home and running your own company.
As online business provides the above-mentioned comforts and, besides that, a substantial amount of profit is the reason why many join the field of e-commerce industry because of which this industry is quite crowded nowadays.
So, how do you make this company a success? Before that, we will look at the barriers that are stopping people from starting an online company.
3 challenges faced by e-commerce businesses!
Though many people are trying to enter into e-commerce industry for selling your products for profit, the following are the challenges.
Choosing profitable and best-selling products
More than 2 million + products are on the market selling good and some of them are best-selling, the hard part is finding the right product to start our online business. But by visiting popular e-commerce sites like Amazon, eBay looking for the customer rating and feedback they send out for the items they have purchased, it’s not always easy to find it.
So, finding real true product reviews isn’t always easy, which will help you pick the first product to launch. Usually, specifics of product transactions are not accessible for everybody on those pages.
Finding suppliers for the product at the cheapest rates
Somehow even if you’ve found out and made up your mind to start a venture, how can you find a retailer, drop shipper, or wholesaler to sell the product to you at a cheaper price than it’s available on the market?
You may be able to tell me that Google helps you locate the seller or wholesaler, but the internet is loaded with tons of scammers who pose as trusted suppliers, turning off their identity once your payment reaches them.
Find the best Dropshipping tool!
There are plenty of resources in the online world that promise to make your online business successful, but most of them look promising though burning our hands when we try them.
You might wonder whether this tool is one of those fake tools. But I can guarantee this, SaleHoo is a 100 percent trustworthy and secure tool that you can invest in without hesitation.
There’s a solution to the above problems, then? Which can help you improve your startup online? Yeah, this post is about the approach and comprehensive analysis of it.
Why should you use dropshipping for your business?
Compared to wholesale, which is the practice of buying bulk inventory at a discounted rate from a retailer and then selling it to your customers at a mark-up price, Dropshipping allows you to sell goods to consumers without inventory storage. Here are several reasons why your company should be using dropshipping:
- Only run a laptop and an internet connection
- Have a low entry barrier, with high sales potential
- Initial investment not needed. There is no money spent on inventories, products, and equipment
- Just buy from your supplier after you have made a sale
- Scale fast on your company. Your supplier does all the hard work so that more profits don’t actually translate into more jobs
- No need to add additional people
- You don’t have to work from a warehouse to escape the overheads that come with it
- Plus, versatility. Looking to sell various products? You won’t have to deprive your business of doing this
SaleHoo – The best dropship & wholesale supplier director
SaleHoo has a large repository of suppliers Database, wholesalers who can supply virtually any commodity. You don’t have to worry about suppliers’ credibility, because SaleHoo has allowed suppliers to provide e-commerce business owners with a very strict registration process to avoid risk.
Established in 2005 by New Zealand-based entrepreneurs Simon Slade and Mark Ling, SaleHoo today boasts more than 8,000 trusted wholesale and dropshipping suppliers. These firms deliver more than 1.6 million identifiable branded goods that you can market to your clients.
SaleHoo currently has 137,000 paying members who take advantage of these opportunities and is an awesome wholesale product directory that links individuals to the suppliers or wholesalers, drop-shippers with over 2,5 million goods in the arsenal.
What can you do with SaleHoo?
You can find out the details of all the best-selling items at the above giants via SaleHoo, and use that information to select the product to be sold. Not only do they have any simple product listing like this product is sold at # 1, but this product is also sold at # 2 position, etc. But they do have a lot of other commodity sales details such as trends, sales during a promotional season and regular season, etc.
Spot hot-selling trends and in-demand products
You need to take a look at the trends and even on-demand items that are sold in large numbers, and SaleHoo will direct you for this to happen.
Discover which products have the highest profit margins
You need to be aware of the goods with the highest profit margins for your purchase, with this SaleHoo guides you.
Organize supplier details
Supplier information should be arranged so you don’t get confused and keep your trading system in place.
Get insider deals from suppliers
With the aid of SaleHoo, you can also get insider contracts or transactions from suppliers.
Find lucrative product ideas and low-cost suppliers
At last, whatever we do, its impact matters the most and we still see if we can benefit more from a low cost. You can find innovative concepts here and low-cost suppliers there.
Smart Seller Training
Since we know that not only is the reason for the quantity of the product but you also need to take a look at the quantity. Likewise, instead of being a hard-working seller, you must also be a smart seller which will help you earn more in a minimum of time.
Unrestricted one-on-one access to help via phone, email, live chat, and Facebook
It gives all the facilities you need. You can access unlimited one-on-one support through Facebook, mobile, live chat, and email.
100% Satisfaction Guarantee
It assures you will not be having any problems. Up to 100 percent would satisfy the requirements.
8,000+ Pre-vetted Suppliers
Around 800 suppliers are being pre-examined
The SaleHoo Dashboard
The dashboard of SaleHoo is a Joie de contempler. There are three essential elements for any seller that are vendors, goods, and preparation. All of these are incorporated and easily accessible via the Dashboard.
Firstly, all of the suppliers can be stored and saved for future use. Because you’re going to want to establish relationships with these companies it’s important you don’t always have to dig their details out.
This is also where all of your communications with your suppliers will be kept. You will be informed if you receive an order or a message from them. You can also browse through the background of your message and send messages directly from your dashboard.
SaleHoo, as I mentioned earlier, also offers guides and training on how to sell on marketplaces like eBay and Amazon. With a click of a button, you can monitor your progress inside your dashboard and move in and out of the modules.
You’ll also be able to monitor your fellow seller’s interactions through the dashboard area forum. SaleHoo has a very involved group and will reap its benefits in the long run by giving advice as well as taking it.
Market Research Lab
When you are searching for a best-selling product and then following information about the product is provided to you by SaleHoo
Supply and demand overview
This is very important to understand the sales of a product because, if just the sales of a product are provided then they might not give you success all the time.
But, if you are provided with the supply and demand overview then you can analyze, answer questions like, Is the demand for this product existing? Why is the demand rising for this product? Is it because of the quality or brand of the product?
By asking the above questions we can choose a better product, this is facilitated by the Market Research Lab of SaleHoo.
SaleHoo’s results are accurate, you can blindly believe their statistics and design your marketing plan.
Trends are one of the best ways to analyze a product’s sales behavior for a long time easily, SaleHoo’s Market Research Lab provides you with trends for easy understanding.
Compare products to choose the best one
After you have made up your mind and struggling to decide between two or more products then you can easily compare their statistics in one place through SaleHoo’s tool. They provide you an option to compare more than one product and decide best among them.
Find the best Dropshippers and wholesalers for your products!
When considering who is your dropshipping or wholesale provider worth worrying about how long would you do this for? Is your wholesale or dropshipping company a short-term project to finance your aspirations to set up your own store?
Not everyone has a huge amount of money to start e-commerce busy buying inventory ahead of time before the actual sales happen. But even if you don’t have the advanced capital for your company, there’s an alternative that is SaleHoo offers numerous options for ordering inventory from their seller database.
But, if you don’t have money in advance, you can only put an order to the supplier for a product when you get your customer’s order. This way you can start with the least amount of capital in your company. Isn’t SaleHoo providing this an excellent option?
Dropship Suppliers on SaleHoo
SaleHoo offers you over 1,000 reliable dropship suppliers to choose from. SaleHoo has reviewed and tested all of these businesses so you can be sure they can be trusted. There are instances where people don’t trust someone like SaleHoo and go straight to the supplier, only to find out they weren’t sincere and this is where money can get lost.
You will have access to the full wholesale inventory of fragrances, skincare, haircare, aromatherapy products, and candles once you sign up for the dropshipping service. Shipping charges start at $5.95 and for US consumers, each item is an extra $1.00 each. International shipping rates differ by weight, by customs policy, as well as destination country.
Wholesale suppliers on SaleHoo
SaleHoo provides more than 8,000 trusted wholesale suppliers and you can easily see all of the key details you will get with dropshipping suppliers. SaleHoo has a very wide variety of wholesale suppliers to sell. All the products from the underlying companies come at genuine wholesale rates that allow you to make a profit when you sell them on.
Sellers who use SaleHoo look on their website to deal with their licensed goods as well as marketplaces like eBay, Amazon, and Etsy. You want to be more precise when it comes to wholesalers than drop shipping as they can give you the goods. You can check for suppliers in your country and companies that ship to your location in just a few clicks.
You may also take a look at their minimum order values and products. This process is much faster than the comprehensive search exercise through Google.
3 steps to make money with SaleHoo!
SaleHoo is a platform or, instead, a product kit that can help you to make your online business simpler and make you gain more money than you can ever imagine when you start your own online business. They have a large variety of tools that help you quickly locate goods, vendors, reports, etc.
The question arises: How to make money using SaleHoo and the answer is that you need to put in a lot of hard work and effort before making any sale here.
You need to be familiar with the dropshipping model and how it works. Read various dropshipping guides and also you can watch the demo for SaleHoo before starting.
Write the product ideas or suppliers that you want to work with. Find at least two to three suppliers for every product that you want to sell and then compare the costs.
Begin by posting the questions about those products in various e-commerce forums. This directory is considered an amazing platform for noobs.
Salehoo Pricing Plans
SaleHoo’s pricing is regarded in its industry as very favorable. Worldwide Labels, one of SaleHoo’s main rivals, provides a vast wholesale product catalog of over 16 million. Yet membership in the Worldwide Labels costs $299.
Currently, SaleHoo is offering a flat price of $67 for full-year access. Plus, a new option which gives $127 for lifetime access. Several times the services offered here and the site has been extended and elevated, and now the price has changed to US$ 67 per year that shields the price of all the fresh features.
SaleHoo provides a money-back guarantee of 60 days, without any questions being asked. All you have to do is send an email with your receipt number to [email protected] for up to 60 days, or including the 60th and they will give you your money back.
When you can’t use the tool properly, you need help from existing users, product manufacturers, and training tutorials. SaleHoo has excellent support and training material.
- World Class Training & Blog
They have a wide range of video tutorials to help you make the best use of SaleHoo tools.
They have forums also, where you can receive help from existing users.
- Call Support
One-on-One call support is the best way to solve the problem immediately, not all software manufacturers provide this support, but SaleHoo is providing this call support for us so that it is to easily solve the problem.
Looking at sellers chatting online it’s clear that SaleHoo has great customer service. Their assistance is available via live chat, and they are also available by telephone and email from 5:30 p.m. till 1:30 a.m. Eastern Standard Time, Monday to Friday. They also provide very rapid support through their Facebook and Twitter accounts.
Also brilliant is SaleHoo ‘s support field, they have 50 step-by-step guides and videos. Since SaleHoo knows that most of their customers will want to sell on eBay and Amazon, they have also provided some sales guides on those marketplaces.
You can also follow and communicate with SaleHoo on Facebook, Twitter & YouTube using these platforms.
SaleHoo – What we liked?
Here are the things that we personally liked about SaleHoo.
- Customer Service
All you have to do is do a fast search for ‘SaleHoo customer service’ and finding a bad word about them will be really hard-pressed. Many options and decent opening hours are necessary for sellers to start.
Some fantastic brands, such as Disney, Lego, Adidas, and Sony, are available through SaleHoo.
Both vendors have been screened and you can be absolutely assured that you will not be scammed. If you’ve chosen to find your own suppliers, you could get complicated.
It’s not something I planned when studying SaleHoo, but their field of training is great. They have taken time to consider their clients, trawled on their discussion forum through issues, and put together detailed guides and videos to help them out.
- No Hidden Fees
You pay a one-off fee of $67 a year, and no secret fees. You will end up paying a supplier an application fee but you will do so in advance
- Money-back guarantee
You have 60 days to try SaleHoo and you will get a full refund if you like
- Low minimum orders
A fantastic benefit for people looking to wholesalers in particular. You may have purchased storage space, and may not originally have a lot of space, or you may not want to spend too much financially. This is eased by SaleHoo providing low minimum orders
- Market research
Research on the market at SaleHoo is amazing. You can assess industry dynamics, use seasonal goods and evaluate the level of competition to ensure that you make the right calls
SaleHoo – What we didn’t like?
Here are a few things that we didn’t like about SaleHoo.
- Not so easy to use
For some, particularly those who still want to set up their online company, all of this information may become a little too daunting.
- Marketplace Fees
SaleHoo knows that many of its buyers will definitely be using eBay and Amazon to sell their goods on. However, the profit margin may not be big if you purchased a commodity from a wholesaler or drop shipper and then sold it on one of those marketplaces. Third-party sites charge advertising fees and this will help you make money
Not just a concern with SaleHoo itself but with all wholesalers. As you sell things to other people, it’s hard to create a brand and a reputation for your company. That’s why many vendors using SaleHoo don’t sell on their own website and sell on third-party marketplaces instead
- Amount of products
Although 1,6 million items may sound a lot, it does not scratch the surface of the 16 million Worldwide Brands have supplied
- No Location-based search
E-commerce companies and local online retailers advertising and selling goods for a particular geographic region and trying to improve their business sales in a specific targeted area may find it difficult to use this platform as there is no location-based search.
Conclusion – Is SaleHoo worth a try?
SaleHoo will appeal to you if you want to sell domestically or target for an international market. Even if you are in a country where there are not many suppliers, you will benefit from foreign dropshipping to expand your company internationally.
For beginners, SaleHoo is great as it helps you to sort suppliers by minimum order. There are some suppliers providing very low or even a zero-minimum order, if you’re just starting up then keeping an eye out for them is important. Additionally, to get started you want to stay away from vendors that pay an application fee.
Roughly 70 percent of manufacturers actually don’t sell one so gravitate towards them. If you’re stuck somewhere, SaleHoo does all the work and exercises due diligence on you. It also has excellent communication and support center for customers.
In my research, I haven’t found any product which is equivalent in efficiency to SaleHoo. Do give it a try and if you still didn’t like it then you can ask for a refund and get your money back without a question asked.