4 Things You Need To Know Before Choosing a Supplier

Alright guys, so you’ve got your business plan sorted out, you’re done with the market research and you know the exact product(s) you want to start selling. Well…congratulation! You’ve only won half the battle 🙁 Your products aren’t just going to fall from the sky; you are now at the juncture where you have to find a supply for your products. The truth is that there are a ton of suppliers out there who are involved with the product of your choice, but not all of these guys are good guys, not all of them can deliver good/sellable products.

So, how do you separate the wheat from the chaff? You’re in luck; this is where we come in. Today, we will be looking at tips on how to choose the perfect supplier for your product.

Here we go!

1. What is the quality of their products?

Verifying the quality of your suppliers’ products is of utmost importance since your customers will be the ones making use of these products and giving reviews on your listing. This is the reason we suggest you ask for samples of their products and analyze these samples. Poor product quality can make or mar your business relationships. In our sells like hot cakes video course, I go into more details on how you can analyze your suppliers’ products, it involves step-by-step instructions and will be very helpful to you. Go check it out here

2. Are they local or foreign?

Using foreign or local suppliers both have their merits and demerits. For example, if you work with a foreign supplier you have to consider the costs of importation and shipping, although the product cost might be lower compared to working with domestic or local suppliers. You should carefully weigh your options and make a decision that will cut costs and ensure the smooth flow of your business.

3. What is their experience level?

I’m sure you’ve heard of the aphorism – “Experience is the best teacher.” Well… this is true. Suppliers who have experience working with Amazon are more likely to do a better job and give better results and fewer hassles, compared to those who are fairly new to the process.

4. Legitimacy Issues

This is very important. It is crucial you investigate the legitimacy of whichever supplier you choose to work with. You don’t want scammers to get a hold of your hard earned $$ and then just vanish into thin air without delivering on their promises. There are a lot of fraudsters out there so be wise and investigate before committing to anything.

Our video course does great justice to this topic of finding the right suppliers. There we’ll show you how to find suppliers without spending money; how to analyze suppliers on alibaba so you can pick the BEST, also key questions to ask your potential suppliers so you can make the best decisions and avoid being scammed.

You can check this out and so much more in our video course here.

 

See ya later!

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Last Wall Comments

 
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 Cyril says at 22:24 et
hi claudia.. so iam starting with FBA.Please explain more what are the common providers for air and sea shipment (like UPS, Fedex etc)? Which do door-to-door? Which are more reliable for FBA?
 
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Claudia says at 07:39 et
hi Cyril. Great question..

Actually, there are three ways, by air, by express & by sea.

By air:
1. shipped by major airlines, such as Air China, Japan Airlines, Singapore Airlines, Shenzhen Airlines, Thai Airways, Malaysia airlines, Northwest Airlines etc.
2. the goods will be shipped to airport and the client needs to do the customs clearance and pick up the goods by himself.

By express:
1. shipped by UPS, Fedex, EMS, TNT & DHL.
2. the goods will be shipped to the client's destination (door to door, such as Amazon warehouse). The express company will do the customs clearance.

By sea:
shipped by shipping company, such as Ma Shiji, COSCO, NYK, Kawasaki, Hanjin, United Arab Emirates, Sinotrans and so on.
Also can do Door to Door service.
 
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 Mike says at 22:54 et
On shopify you can increase your profits margins by increasing your prices, as your visitors cant compare your offer to competitor offers like on Amazon and pick cheapest.
Moreover you can build your list and drive your own traffic from facebook (you would not do it to amazon, as you cant build your list from amazon)... Cons? Well, you won't get easy organic sales like on Amazon just from having shopify store. So still you need to drive some traffic to get it going! but it works, I know many people sell their own products on shopoify not just dropshippers!
 
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Claudia says at 23:22 et
And don't put all eggs in one basket. Launch several products (ideally related) to build a brand quickly + Build your LIST!
 
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 Sarah says at 21:03 et
hi.. new here.. where to find bloggers influencers in my industry?
 
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 Evan says at 21:03 et
Welcome Sarah!! Try musefind, tapinfluence, tomoson, famebit. also check Groundsignal, socialchain , Shoutcart.
Or reach personally specific top influencers via their contact forms/fb messaging/youtube etc. Most have already ads department and managers to handle that.
Also bloggers you can find alltop directory..
 
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 GoldmaN says at 21:04 et
For me works best reaching influencers directly.. I never had much luck with those paid services, they are just a middleman.
 
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 Victor says at 21:04 et
Try Tomoson also, a good place to find mommy bloggers and instagrammers
 
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 Jonas says at 21:12 et
guys, how do you prevent long term storage fees for things that sell slow?
 
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Claudia says at 21:12 et
Several options.. Liquidate It, Ship it back to you, Have Amazon Destroy it
go to INVENTORY > INVENTORY PLANNING , then INVENTORY AGE link. You'll see which products are coming up for the 6 month or 12 month long term storage fees. Just make sure nothing stays over 365+ days.
 
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 Lane says at 21:13 et
@Jonas, make sure you get rid of duds that dont sell over 6 months!
 
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 Natalie says at 21:24 et
Should i lower the price than competition? We all sell same things. Thanks for replies
 
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 Chris says at 21:24 et
The race to the bottom is a dangerous game. Instead of lowering price try to offer unique product, a bundle, a set, to stand out from competition. You lowering the price will just make other sellers lower their price as well, and now everybody is making less profit with no added benefit.
 
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 Ted says at 21:25 et
Think of doing a bundle or a set and RISE the price, not lower it
 
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 chris says at 21:26 et
Any good ideas for bundles?
 
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 Emma says at 21:26 et
Ex Garlic press+ peeler, Salt and pepper shaker, coffee mug set for mom and dad, hammer and nails, golf gloves and golf balls, phone case + charger bank etc..
 
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 diego says at 21:44 et
Who is importer of record when shipping to amazon? AMAZON?
 
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 little_tiger says at 21:45 et
No.. Amazon will not be the importer of record for any shipment coming in from overseas. Your shipment will be rejected. Your freight forwarder should take care of this! For example I use Flexport..
 
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 Jay says at 21:45 et
What are hidden costs when importing by sea freight?
 
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 Chris says at 21:45 et
JAY - Cargo Insurance, Customs Bond, Arrival Agent Fees, Warehousing fees, Delivery to amazon warehouse fee and of course Custom clearance.. Your freight forwarder should take care of this and give you invoice if any taxes are due!
 
Blaine says at 00:30 et
Hello I'm new and just trying to feel my way around
 
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 jack says at 00:31 et
Welcome Blaine, you will love it here, we are crushing it!!! Videos are here http://sellslikehotcakes.co/videos.php they work fine for me, try Chrome or firefox.
 
Butz says at 13:47 et
Does this work for residents in Australia?
 
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Claudia says at 13:48 et
of course. You dont need to live in USA to get started.. In fact, I am not even from USA but I sell on Amazon and Shopify just fine! It does not matter where you live, it matters where you SELL.
 
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 Gautam says at 04:49 et
I want to open a store selling oils and alternative health products. Will there be issues shipping to the U.S. like customs?
 
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 Violet says at 04:54 et
It's hard to say, are you shipping in mass quantities or one by one? Usually anything for personal use does not go to customs. Best advice here is to find your competitors selling same and then ask their support something like "Hi, I am from Chicago, do you ship your oils to USA and do I have to pay any taxes?" So they will help you this way :)
 
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 Gautam says at 01:59 et
I guess in mass quantities; I can use the Amazon FBA so they can tackle customs. But for shipping one by one, from your answer, it seems I will not have issues shipping to the US or Europe. In India(where I live), however, they charge customs even if it is a single item and for personal use. So, I think I should be okay. I will use the trick you mentioned too. Cheers!
 
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 lou says at 05:09 et
I asked shipping agent, here is what they say "only one by one is OK. and there is a limits (no more than 30ML). Mass import to US not allowed"
 
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 Gautam says at 01:59 et
Thank you for your answer. Helpful!
 
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Andres says at 04:42 et
Hello new one here.....Is there a video on how to choose your product and niche?
 
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 Mike says at 04:43 et
Of course Andres, a big part of both Shopify master and Amazon FBA video course is devoted to it, please take your time to watch!
 
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 Kylie says at 08:54 et
welcome Andres... there is also a new cool tool with automatic daily ideas for the product that sells well, called Garlic press smasher
http://sellslikehotcakes.co/garlic_press_smasher.php
 
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 Mike says at 09:01 et
Yes, for example today

Idea of the day:
Acorn Chrome Lug Nut and Lock System (1/2" Thread Size)
(Selected automatically. Come back tomorrow for more product ideas)

Sales Statistics:
Total sales volume of top 10 sellers / month: 3463 (Recommended 3000+)
On Average top 10 sellers are selling 385 units per month. (Recommended 300+)
Reviews: top 10 sellers have average 277 reviews
Average price of the product from top 10 sellers: $31.25 (Approximate FBA fees: $6.25)
Top 10 sellers approximate average gross profit per month $12846.11
 
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Claudia says at 12:02 et
right, new idea every day!
 
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JAMES says at 15:00 et
Greetings !!! Glad to be here! I need guidance--i am a true Newbie!!! Please help--do i just start by watching these videos???
 
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 Mike says at 15:01 et
Yes please. Welcome James!