Salehoo Review 2020 – Do NOT Buy Before Reading This!

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Are you considering setting up a drop-shipping or wholesale model for your e-commerce business? Good thing you checked this Salehoo review. We will provide you an extensive analysis of the services they provide.

Salehoo

Since e-commerce is now a huge industry, knowing the right companies and e-services is essential to reach your goal. Drop-shipping is currently a popular model, 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.

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 drop-shipping suppliers, offering 1.6 million saleable branded products. At least 137,000 paying members now take advantage of the opportunities Salehoo offers.

Who created it?

As a former online seller, co-Founder Simon Slade created Salehoo from his frustrations to find a wholesaler who caters to new businesses.

What is Drop-shipping?

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 is it different from wholesale?

Earlier, we mentioned two different types of supply chain management: wholesale and drop-shipping. It is important to see the difference between these two services:

Wholesale

Purchasing inventory on mass at a discounted rate from a manufacturer and selling the products to your customers at a higher price.

Drop-shipping

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.

Salehoo features

  • Operate with just a computer or laptop and a stable internet connection
  • Have a high potential for revenue with a low barrier for entry
  • No initial investment for inventory, materials, storage, and tools
  • Purchase items from supplier only after making a sale
  • Grow your business easily and conveniently. Since the supplier does all the complex work, making more sales does not require more actual work
  • No need to employ more staff
  • Does not need a warehouse, avoiding high overhead costs
  • Manage business at a more flexible pace.

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 competitors, Worldwide 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.

Salehoo Money-back guarantee

The good thing with Salehoo is that it offers a 60-day money-back guarantee. If you think the business does not work for you, then you can simply send an email to support@salehoo.com within 60 days with your receipt number. You will receive your money back with no questions asked.

Salehoo Products and Services

Aside from access for a whole year to the platform, what do you get for $67 a year with Salehoo? Here are the five main products they offer:

Drop-ship Supplier

Salehoo opens the gate to over 1,000 trusted drop-shipping suppliers. All companies have gone through strict scrutiny and assessment by Salehoo. 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 suppliers for those goods. These include popular products and brands such as clothing, jewellery, shoes, and antiques.

Salehoo can also cater to domestic and international transactions for your business. You can take advantage of international drop-shipping to grow your business globally, regardless if there are not many suppliers in your country.

Salehoo business for beginners

Salehoo is perfect for start-up players because it allows you to sort suppliers via minimum orders. Some 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.

Ultimate security

More importantly, Salehoo provides security, unlike transacting directly with the supplier, which has a high risk of getting into fraud and losing money.

Wholesale Suppliers

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.

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.

Salehoo’s Market Research

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.

However, selling a trending product can be somehow frustrating as thousands of other stores are also selling them. Thus, 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.

Salehoo Training and Support

As Salehoo aims to support starting e-commerce entrepreneurs, it is vital to provide them with proper training and support. Viewing the huge response on online sellers, it is clear that Salehoo offers great customer support.

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.

Lastly, Salehoo has an active online forum of sellers. There are over 60,000 posts about selling tactics, trends, and suggestions on suppliers.

Meanwhile, Salehoo can improve on is helping sellers find products, which are not listed on the products catalogue. Such service is currently being offered by Worldwide Brands.

Salehoo Business Dashboard

Salehoo’s dashboard provides complete and comprehensive information. This includes 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 on the 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.

Pros of Salehoo

The following are the advantages of using Salehoo. Click on this link to see the benefits for yourself! Read on and see if this will work for you.

  • Customer Service – Make a quick search for ‘Salehoo customer support’ and you would hardly find a negative comment about it. There are various options to contact them, which is essential for new sellers.
  • Brands – Salehoo offers some fantastic brands including Lego, Adidas, and Sony.
  • Suppliers – All suppliers have been vetted and trusted without any history won’t be scammed.
  • Training –Salehoo offers a wide range of training. They put together comprehensive guides and videos from their customers and their community forum.
  • 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.
  • Money-back guarantee – You will have a 60-day money-back guarantee and will get a full refund with no questions asked if you wish to discontinue Salehoo.
  • 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.
  • Market research – Salehoo’s market research identifies the market trends, so you can take advantage of seasonal products and analyze competition level to ensure you make the right decisions.

Cons of Salehoo

Of course, there are also some drawbacks of using Salehoo. Here are some of them:

  • Marketplace Fees – Since a lot of customers use eBay and Amazon to sell their products on, the profit may not be enough when buying a product from a wholesaler or drop shipper as selling fees will eat your earnings.
  • Branding – 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.
  • 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.

Is it right for me?

As Salehoo both has advantages and drawbacks, one must decide on whether it suits his or her needs. Here’s what we think:

Yes, it is!

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 for you to start your e-commerce store with your unique products.

It is a great platform for those 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.

No, it does not.

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.

FAQ

????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.

What is Drop-shipping?

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.

???? Who created it?

As a former online seller, co-Founder Simon Slade created Salehoo from his frustrations to find a wholesaler who caters to new businesses.

In Conclusion

Salehoo is the perfect platform for beginners in e-commerce and drop-shipping. If you do not have storage space and you want to take your business to the next level, Salehoo can definitely help you. Read more about Perpetual Income 365, Fat Burning Kitchen, and others.

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.

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