Are you considering setting up a drop-shipping or wholesale model for your e-commerce business? If yes, then you are on the right page. In this SaleHoo review, we will provide you an extensive analysis of the services they provide. Also, you will get to know if this service is good for you.
Since the eCommerce business is now a huge industry, knowing the right company and e-service is essential to reach your goal. Drop-shipping is currently a popular online selling tool, particularly for start-up commerce businesses. It allows you to contact suppliers who fulfill and ship orders directly to your customers. First, let us take a look at SaleHoo and how it could help you succeed in e-commerce like Amazon.
- 1 What is SaleHoo?
- 2 How Does SaleHoo Work?
- 3 How does it cost?
- 4 Benefits of SaleHoo
- 5 Downsides of SaleHoo
- 6 Recommendation
What is SaleHoo?
SaleHoo has become one of the biggest names in wholesale and drop-shipping since the company started in 2005 in Christchurch, New Zealand. This became possible as it was one of the pioneers in offering international wholesale contacts to retailers. Click on this link to know about the diverse services!
SaleHoo currently houses over 8,000 reputable wholesale and dropshipping suppliers, offering 1.6 million saleable branded products. At least 137,000 paying members now take advantage of the opportunities SaleHoo offers.
Creator: As a former online seller, co-Founder Simon Slade created SaleHoo from his frustrations to find a wholesaler who caters to new businesses.
Drop-shipping vs Wholesale
- Purchasing inventory on mass at a discounted rate from a manufacturer and selling the products to your customers at a higher price.
- Unlike drop-shipping, you need to be more specific with wholesalers as they will be sending you the actual products. It is better to consider suppliers in your country and shipping companies who service your location. Also, take note of the minimum order required for your orders. This process can be done within just a few clicks.
- Selling products to customers without stocking the inventory. When choosing between the two, it is worth asking whether you have storage for products. You can determine your choice with your answer.
- Drop-shipping is a business model that allows start-up entrepreneurs who sell products to their buyers online, even without having actual stocks of the items. When an online store sells a product, it buys the item from a third party after receiving an order, which is then shipped directly to the customer.
How Does SaleHoo Work?
SaleHoo is a platform that helps you to find various suppliers. If you are planning to sell some genuine products, SaleHoo is the ideal place where you will get your legit suppliers.
To get access to the trusted suppliers, one has to register with SaleHoo. Once you get registered, you can choose the profitable products that you want to sell. According to your choice of trendy products, you will get suggestions on suppliers. You can choose any channel such as Amazon, eBay, Shopify, or even an offline channel to sell your products.
SaleHoo has email templates that you can use to send emails to your chosen suppliers. You can send them customized emails related to your offer and products.
You can choose drop-shipping or wholesale. For drop-shipping, you get the money from the customers and pay to your dropship suppliers. They, then, pack and ship the products directly to your customers.
If you choose wholesale, then your supplier will send you the products, you sell, pack and ship to your customers. SaleHoo allows you to have a quick view of all key information of its more than 8,000 trusted wholesale suppliers.
SaleHoo offers a wide range of wholesale suppliers. The wholesale prices from these companies allow you to make a profit when you sell them on their website as well as selling platforms such as eBay and Amazon.
How does it cost?
It does not cost much to sell at SaleHoo. Drop-shipping stores can have a year’s access to SaleHoo for a flat price of $67.
This price is very competitive. Membership on SaleHoo’s biggest competitor, Worldwide fantastic Brands, costs $299. Although Worldwide Brands offer a comprehensive directory of over 16 million wholesale products, the price is still much higher than SaleHoo’s.
Of course, there are other suppliers in the market, but it is important to consider the company status and how long are you going to do this business. After all, some people start a drop-shipping business as a short-term project only.
Benefits of SaleHoo
The following are the advantages of using SaleHoo. Get SaleHoo to see the benefits for yourself! Read on and see if this will work for you.
1. Customer Service
SaleHoo is famous for its awesome customer service. Make a quick search for ‘SaleHoo Customer Service‘ and you would hardly find a negative comment about it. There are various options to contact them such as phone, live chat, and so on, which is essential for new sellers. Especially for first-time eCommerce entrepreneurs, it is important to be connected to SaleHoo.
SaleHoo offers a fantastic collection of brands including Lego, Adidas, and Sony suppliers. A person will get lots of options in brands while choosing demand products for his/her business.
SaleHoo opens the gate to over 1,000 trusted drop-shipping suppliers. All companies have gone through strict scrutiny and assessment by SaleHoo. This is to avoid fake suppliers. SaleHoo screens every supplier before listing so that only real suppliers can join. When you view each drop shipper you can see the following information in the blink of an eye:
- Contact information
- Product range
- Quality of goods
- Customer service reviews
- Where they ship to
- How they ship their goods
Whatever you want to sell, SaleHoo can provide you with a huge supplier list for those goods. These include popular products and brands such as clothing, jewelry, shoes, and antiques.
SaleHoo offers a wide range of high-quality and helpful training material. They put together comprehensive guides and videos from their customers and their community forum.
Sellers can get 24/7 support via live chat. They may also reach the customer service via telephone and email from Monday to Friday between 5:30 p.m. to 1:30 a.m. (Eastern Standard Time). They can also avail of quick support through social media like Facebook and Twitter. SaleHoo also provides 50 step-by-step guides and videos for sellers. This includes how-to guides to assist customers to sell on eBay and Amazon.
5. No Hidden Fees
You pay an annual fee of $67 with absolutely no hidden fees. However, some suppliers require an application fee, which you will know beforehand.
6. Money-back guarantee
You will have a 60-day refund guarantee and will get a full refund if you wish to discontinue SaleHoo. If you think the business does not work for you, then you can simply send an email to firstname.lastname@example.org within 60 days with your receipt number. You will receive your money back with no questions asked.
7. Low minimum orders
SaleHoo offers low minimum orders, which is a great feature, particularly at wholesalers. This prevents further costs for additional storage in case you run out of space. SaleHoo is perfect for start-up players because it allows you to sort suppliers via minimum orders. Some friendly suppliers offer very low or even a zero minimum order, which is helpful if you are just starting up. In contrast, some suppliers require an application fee, which you can easily avoid.
8. Market researching tool
SaleHoo’s market research identifies the market trends, so you can take advantage of seasonal products and analyze competition levels to ensure you make the right decisions. SaleHoo tracks the 1.6 million products in their directory to help you find trending and potentially profitable ones. Although this may be dependent on your location, their guesses are highly accurate.
SaleHoo uses ‘sell rate’ and competition data to find products that have low competition. This can make you stand out and unique in a highly-competitive market.
Moreover, you can be ahead of your competitors as you can catch seasonal trends by viewing the monthly sales reports. This prevents you from losing money on wasted products. Meanwhile, you can save interesting products and run reports on them based on competition, price, sell rate, or listing frequency.
Downsides of SaleHoo
Of course, there are also some drawbacks to using SaleHoo. Here are some of them:
1. Marketplace Fees
Since a lot of customers use eBay and Amazon to sell their products, the profit may not be enough when buying a product from a wholesaler or drop shipper as selling fees will eat your earnings.
Since you are selling other people’s products, it is difficult to build up a brand and identity for your company. This is why most SaleHoo sellers prefer to sell on their third-party marketplaces.
3. Amount of products
While 1.6 million products from SaleHoo may sound a lot, it is incomparable to the 16 million products that Worldwide Brands offer.
SaleHoo Business Dashboard
SaleHoo’s dashboard provides complete and comprehensive information. This includes thousands of suppliers, products, and training, which are important to any seller.
- Firstly, you can save your suppliers’ details for future use. This makes it easy to get information about these companies instead of researching them one by one.
- The dashboard also allows you to with your suppliers. You will receive notifications when you receive a message or an order from them. You can also send messages directly from your dashboard.
- Moreover, you can track your progress on selling in marketplaces such as eBay and Amazon through your dashboard. You can also start learning various modules with just a click.
- Meanwhile, SaleHoo has an active sellers’ community, which offers useful advice. You can track your interactions with fellow sellers in the dashboard area.
SaleHoo is ideal if you only build a drop-shipping company to earn extra money. You can use the money you earn from drop shipping to start your e-commerce store with your unique products.
Also, it is a great platform for people who are only starting up in the e-commerce world. The low minimum orders and wide-range of drop shippers ensure that you will not have much overhead cost. The training and support offered by SaleHoo, which are easily accessible, are a bonus for beginners.
On the other hand, SaleHoo does not suit those who want to get serious about e-commerce and aim to build their empire. You can find on SaleHoo’s website success stories of customers who made $100,000 in a month. However, it can take a good while to start making serious money.
Salehoo has become one of the biggest names in wholesale and drop-shipping since the company started in 2005 in Christchurch, New Zealand. This became possible as it was one of the pioneers in offering international wholesale contacts to retailers.
drop-shipping is a business model that allows start-up entrepreneurs who sell products to their buyers online, even without having actual stocks of the items. When an online store sells a product, it buys the item from a third party after receiving an order, which is then shipped directly to the customer.
As a former online seller, co-Founder Simon Slade created Salehoo from his frustrations to find a wholesaler who caters to new businesses.
Yes, it charges a single unit of money, with no hidden cost. Upon dissatisfaction with the services, one can ask for a refund. They have a 60-day money-back guarantee.
The Bottom Line
SaleHoo is the perfect platform for beginners in e-commerce and service for drop-shipping. If you do not have storage space and you want to take your business to the next level, SaleHoo is the perfect smart user-friendly tool for you.
Have you tried SaleHoo? Do you know a successful story of using wholesale or drop-shipping? Do you know other drop-shipping and wholesale platforms to achieve this aside from SaleHoo? Leave a comment below and we can start discussing.