Ten Important Tips About Buying Wholesaler Lists

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There are so many wholesale suppliers guides available on eBay, how on earth do you know where to start? The quality of the lists varies widely, so how can you avoid being ripped off by dodgy operators? Here are ten of the most important things you need to consider before making your purchase. 

1. Check the seller’s feedback & about me page - check at least some of the positive feedback they’ve received is from buyers of the list (as opposed to sellers of items they have bought).

2. If you are looking for Australian wholesalers, make sure that the seller actually specifies that the wholesalers are based in Australia. When I first started selling on eBay some years ago, I purchased a wholesaler list that promised thousands of Australian wholesalers. In reality, there were only 26 Australian based wholesalers on the list, the remainder were from overseas but they would supply products to Australia (like 99.9% of overseas companies would anyway).

3. People who sell wholesale lists on eBay aren’t allowed to specify the categories included on the auction page (due to eBay listing regulations), so make sure you send the seller an email & ask for a list of included categories to make sure they have the items you want.

4. You DO need an ABN (Australian Business Number) to buy from the wholesalers. I have noticed some people selling lists of `wholesalers` that you supposedly don’t need an ABN to buy from. This is rubbish. ALL genuine wholesalers will usually only sell to holders of current ABNs – if you don’t need one, then they aren’t real wholesalers, but merely people acting as a middleman (between the wholesaler & you) & selling items at a discounted retail price. It is easy to get an ABN online from the ATO (Australian Taxation Office) web site, & costs nothing.

5. I often get people asking if I have any wholesalers of a particular product in the state they live in (i.e. NSW, SA, Tas. etc.). It actually doesn’t matter if you live across the other side of the country from a wholesaler you want to buy from. Wholesalers differ from retail shops in that you would very rarely go to their office/warehouse to place an order. The most common ways to place an order with a wholesaler is by phone, fax or email. Freight costs within Australia are relatively cheap, so add very little to the cost of your purchase.

6. The price of the wholesalers list is no real guide to the quality of the listings. Many sellers would like to have you believe that by paying $30 to $40 for their list, you are getting a much better quality product than those selling for $10 to $15 or less. Personally I feel that a list selling for under $5 may be of dubious quality, but apart from that you are just as likely to pick up a quality list for $5 to $10 as you are for over $20. It all comes back to checking the feedback from others who have purchased the list, and weighing up the price differences.

7. Look for a list that you receive regular updates to after you’ve made the original purchase. If a seller of a wholesaler list isn’t able to supply regular updates to it, then you might have to start asking yourself what is the quality of the list like. Contact details for wholesalers change from time to time, & there are always new wholesalers of great products entering the market. By purchasing a list without updates, you are potentially missing out on a huge group of suppliers.

8. Many lists come with bonus ebooks to all purchasers. You may well pick up some worthwhile information out of these books so they are worth looking at, but I can guarantee you won’t be able to sell them for the price that some sellers are quoting. Many of these bonus ebooks have been around on the net for 4 to 5 years or longer, so they contain largely old information. The resell prices that some sellers are quoting are the recommended resale price (from years ago) & not the price you will be able to get for them on eBay. Run a search on the titles of the books in eBay, & you will find there are literally hundreds of copies available for $0.99 (or not much more).

9. There are some lists available that claim to have 1, 1.5 or 1.6 million products available from the wholesalers in their books. Did that seller contact each individual wholesaler on the list, ask them for their complete catalogue, then sit down and count out each product (then cross check to make sure they didn’t double up on any products)? I sincerely doubt it, so how on earth do they know how many products there are? There may only be half that amount – it’s really anyone’s guess. It is far more use to know how many wholesalers are on the list, & not the fake product counts.

10. Be wary of anyone offering an Australian wholesaler list that supposedly includes Australian drop shippers. Drop shipping in Australia is very different from drop shipping in America, & any seller who knows what they’re talking about should know this too. It is almost impossible to make a living on eBay Australia selling products drop shipped from Australian `wholesalers`. To learn more about this, make sure you read my guide about Drop Shipping In Australia.

I hope this guide helps you make a more educated choice in your purchase of an Australian wholesale suppliers list. To learn more about me & how I can help you, visit my About Me page. Good luck with your current or future business & if you have any questions whatsoever, please send me an email.

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