Category Archives: How to

How to Find the Cheapest Price on Amazon for any Item

I get a lot of readers asking me how to find the cheapest price on Amazon. While most of you already know how to do this, I figured a short tutorial would solve that problem for the readers who are curious.

First, click here. This will open up a product page on Amazon.

Now that you are on the listing page, there are three primary ways:

1.) Just under the price of the item, you will see “Note: Available at a lower price from other sellers” with the “other sellers” portion as a blue clickable link. Click on that link. That will take you to a list of all the sellers currently selling that item, ordered by price, from lowest to highest. (Total price which includes shipping cost, not just the price of the item).

2.) Alternatively, you can also scroll directly down a few inches to the portion that says “Used & new (xx) from $xx.xx“. Again, this will also be a blue clickable link. Clicking that link will take you to the same list of sellers who are currently selling that product.

3.) A third and final way is to scroll down a few more inches, and look on the far right side. You will have the same link as in #2 above.

Once you get into the page showing the various sellers, you can view the different sellers, the item condition, the price, and shipping cost (if any).

Also on this page, you can view the feedback for different sellers, as well as where they are shipping from. If you are in a rush, generally speaking, the closer they are located to you, the faster you should receive your order.

You can also choose to view different variations of the product; if available. Variations that include size, color, accessories, bundles, etc.

From the far left, you can also filter the choices by shipping method, and condition. So for example, if you only wanted to see the sellers that offer free shipping, just check that box.

Once you find an offer/seller that you are happy with, just click on Add to Cart on the right side, and go from there.

 

Where To Find Sam’s Club Overstock and Liquidation Pallets

Where To Find Sam's Club Overstock and Liquidation Pallets

Where To Find Sam’s Club Overstock and Liquidation Pallets

Are you looking for Sam’s Club overstock pallets? Finding retail liquidation and overstock pallets can be a headache. And finding them on a regular basis can be an ever bigger problem. One of the main issues in running an online business is sustainability. You need to constantly source inventory. It is literally the lifeblood of any online business. Five years ago, this was almost impossible. You needed to have a contact in the liquidation department of a retail chain in order to have access to their liquidation pallets. Today that is no longer such a big issue. BidonFusion has offered the solution to that problem.

BidonFusion.com is an auction platform liquidation website connecting liquidators with buyers looking to buy wholesale merchandise. So from one web page, you can source liquidation pallets from multiple retailers. You can read a full write-up on BidonFusion here.

Sam’s Club is one of the major national retailers that sell on BidonFusion. If you are looking for Sam’s Club pallets, or just general merchandise, this is a good place to start. They have pallets for businesses of all sizes, and you can get your first pallet for just a few hundred dollars. You will also liquidation lots from other national retailers like Walmart, TigerDirect.com, Home Depot, Alibaba, and others.

Unlike membership clubs like DOBA or WorldWide Brands, there is no membership fee. Signing up is free, and quick. After you register, you can view all of the auctions they currently have, as well as upcoming live auction events. There are no purchase requirements, and there are no minimum requirements. So if you have the necessary information required to sign up, you are able to view the current inventory, and bid if you so choose.

One of the benefits of Sam’s Club overstock pallets is that they offer general merchandise – you aren’t committed to specific niche. So you can try out a wide variety of products, and find out what fits your specific business. What you see in a Sam’s Club store is what is offered in their auction lots. Some lots will be electronics heavy, others will contain more clothing, etc. For the most part though, most lots with have an even mix of products. They do also have specific category lots, such as cosmetics lots, or clothing lots, etc.

You can view a full manifest, along with pictures of what is being sold for each lot/auction, so there are no surprises. You can view the exact contents for each lot, as well as the wholesale value, retail value, etc. The pallets will vary in content and size from week to week, but for the most part, you can find what you are looking for on a constant basis.

As with all general liquidation lots, I would advise you stick to the 3 to 1 rule. With most overstock or liquidation lots, you will generally be able to sell it for about 1/3 of the original retail value. So if the retail value is $3000, you should be able to sell that lot (either whole or piece by piece) for about $1000 – so bid accordingly. Set a maximum value that you are comfortable with, and resist going higher. With merchandise like handbags, or jewelry, I would advise a 2 to 1 rule; meaning that you can generally sell the merchandise for about 1/2 of the original retail value.

You don’t have to register to view the manifest and lot information. You can view all of that from the main home page. You will have to register in order to bid however.

Where To Find Alibaba Overstock and Liquidation Pallets

Where To Find Alibaba Overstock and Liquidation Pallets

Where To Find Alibaba Overstock and Liquidation Pallets

Are you looking for Alibaba overstock pallets? Finding retail liquidation and overstock pallets can be a headache. And finding them on a regular basis can be an ever bigger problem. One of the main issues in running an online business is sustainability. You need to constantly source inventory. It is literally the lifeblood of any online business. Five years ago, this was almost impossible. You needed to have a contact in the liquidation department of a retail chain in order to have access to their liquidation pallets. Today that is no longer such a big issue. BidonFusion has offered the solution to that problem.

BidonFusion.com is an auction platform liquidation website connecting liquidators with buyers looking to buy wholesale merchandise. So from one web page, you can source liquidation pallets from multiple retailers. You can read a full write-up on BidonFusion here.

Alibaba is one of the major national retailers that sell on BidonFusion. If you are looking for Alibaba pallets, or just general merchandise, this is a good place to start. They have pallets for businesses of all sizes, and you can get your first pallet for just a few hundred dollars. You will also liquidation lots from other national retailers like Walmart, TigerDirect.com, Home Depot, Sam’s Club, and others.

Unlike membership clubs like DOBA or WorldWide Brands, there is no membership fee. Signing up is free, and quick. After you register, you can view all of the auctions they currently have, as well as upcoming live auction events. There are no purchase requirements, and there are no minimum requirements. So if you have the necessary information required to sign up, you are able to view the current inventory, and bid if you so choose.

One of the benefits of Alibaba overstock pallets is that they offer general merchandise – you aren’t committed to specific niche. So you can try out a wide variety of products, and find out what fits your specific business. What you see in a Alibaba store is what is offered in their auction lots. Some lots will be electronics heavy, others will contain more clothing, etc. For the most part though, most lots with have an even mix of products. They do also have specific category lots, such as cosmetics lots, or clothing lots, etc.

You can view a full manifest, along with pictures of what is being sold for each lot/auction, so there are no surprises. You can view the exact contents for each lot, as well as the wholesale value, retail value, etc. The pallets will vary in content and size from week to week, but for the most part, you can find what you are looking for on a constant basis.

As with all general liquidation lots, I would advise you stick to the 3 to 1 rule. With most overstock or liquidation lots, you will generally be able to sell it for about 1/3 of the original retail value. So if the retail value is $3000, you should be able to sell that lot (either whole or piece by piece) for about $1000 – so bid accordingly. Set a maximum value that you are comfortable with, and resist going higher. With merchandise like handbags, or jewelry, I would advise a 2 to 1 rule; meaning that you can generally sell the merchandise for about 1/2 of the original retail value.

You don’t have to register to view the manifest and lot information. You can view all of that from the main home page. You will have to register in order to bid however.

Where To Find Home Depot Overstock and Liquidation Pallets

Where To Find Home Depot Overstock and Liquidation Pallets

Where To Find Home Depot Overstock and Liquidation Pallets

Are you looking for Home Depot overstock pallets? Finding retail liquidation and overstock pallets can be a headache. And finding them on a regular basis can be an ever bigger problem. One of the main issues in running an online business is sustainability. You need to constantly source inventory. It is literally the lifeblood of any online business. Five years ago, this was almost impossible. You needed to have a contact in the liquidation department of a retail chain in order to have access to their liquidation pallets. Today that is no longer such a big issue. BidonFusion has offered the solution to that problem.

BidonFusion.com is an auction platform liquidation website connecting liquidators with buyers looking to buy wholesale merchandise. So from one web page, you can source liquidation pallets from multiple retailers. You can read a full write-up on BidonFusion here.

Home Depot is one of the major national retailers that sell on BidonFusion. If you are looking for Home Depot pallets, or just general merchandise, this is a good place to start. They have pallets for businesses of all sizes, and you can get your first pallet for just a few hundred dollars. You will also liquidation lots from other national retailers like Walmart, TigerDirect.com, Alibaba, Sam’s Club, and others.

Unlike membership clubs like DOBA or WorldWide Brands, there is no membership fee. Signing up is free, and quick. After you register, you can view all of the auctions they currently have, as well as upcoming live auction events. There are no purchase requirements, and there are no minimum requirements. So if you have the necessary information required to sign up, you are able to view the current inventory, and bid if you so choose.

One of the benefits of Home Depot overstock pallets is that they offer general merchandise – you aren’t committed to specific niche. So you can try out a wide variety of products, and find out what fits your specific business. What you see in a Home Depot store is what is offered in their auction lots. Some lots will be hardware heavy, others will contain more tools, etc. For the most part though, most lots with have an even mix of products. They do also have specific category lots, such as patio and outdoor furniture lots, or kitchen and bath lots, etc.

You can view a full manifest, along with pictures of what is being sold for each lot/auction, so there are no surprises. You can view the exact contents for each lot, as well as the wholesale value, retail value, etc. The pallets will vary in content and size from week to week, but for the most part, you can find what you are looking for on a constant basis.

As with all general liquidation lots, I would advise you stick to the 3 to 1 rule. With most overstock or liquidation lots, you will generally be able to sell it for about 1/3 of the original retail value. So if the retail value is $3000, you should be able to sell that lot (either whole or piece by piece) for about $1000 – so bid accordingly. Set a maximum value that you are comfortable with, and resist going higher. With merchandise like power tools, or name brand tools like Snap-On, or Craftsman, I would advise a 2 to 1 rule; meaning that you can generally sell the merchandise for about 1/2 of the original retail value.

You don’t have to register to view the manifest and lot information. You can view all of that from the main home page. You will have to register in order to bid however.

Where To Find Tiger Direct Overstock and Liquidation Pallets

Where To Find Tiger Direct Overstock and Liquidation Pallets

Where To Find Tiger Direct Overstock and Liquidation Pallets

Are you looking for Tiger Direct overstock pallets? Or even just general electronics liquidation lots? Finding retail liquidation and overstock pallets can be a headache. And finding them on a regular basis can be an ever bigger problem. One of the main issues in running an online business is sustainability. You need to constantly source inventory. It is literally the lifeblood of any online business. Five years ago, this was almost impossible. You needed to have a contact in the liquidation department of a retail chain in order to have access to their liquidation pallets. Today that is no longer such a big issue. BidonFusion has offered the solution to that problem.

BidonFusion.com is an auction platform liquidation website connecting liquidators with buyers looking to buy wholesale merchandise. So from one web page, you can source liquidation pallets from multiple retailers. You can read a full write-up on BidonFusion here.

Tiger Direct is one of the major national retailers that sell on BidonFusion. If you are looking for Tiger Direct pallets, or just consumer electronics merchandise, this is a good place to start. They have pallets for businesses of all sizes, and you can get your first pallet for just a few hundred dollars. You will also liquidation lots from other national retailers like The Home Depot, Walmart, Alibaba, Sam’s Club, and others.

Unlike membership clubs like DOBA or WorldWide Brands, there is no membership fee. Signing up is free, and quick. After you register, you can view all of the auctions they currently have, as well as upcoming live auction events. There are no purchase requirements, and there are no minimum requirements. So if you have the necessary information required to sign up (like Tax ID, sellers permit, etc.), you are able to view the current inventory, and bid if you so choose.

One of the benefits of Tiger Direct overstock pallets is that they offer general electronics merchandise – you aren’t committed to specific niche. So you can try out a wide variety of products, and find out what fits your specific business. What you see on the Tigerdirect.com site is what is offered in their auction lots. Some lots will be computer heavy, others will contain more accessories, etc. For the most part though, most lots with have an even mix of products. They do also have specific category lots, such as tablet lots, or video games lots, etc.

You can view a full manifest, along with pictures of what is being sold for each lot/auction, so there are no surprises. You can view the exact contents for each lot, as well as the wholesale value, retail value, etc. The pallets will vary in content and size from week to week, but for the most part, you can find what you are looking for on a constant basis.

As with all general liquidation lots, I would advise you stick to the 3 to 1 rule. With most overstock or liquidation lots, you will generally be able to sell it for about 1/3 of the original retail value. So if the retail value is $3000, you should be able to sell that lot (either whole or piece by piece) for about $1000 – so bid accordingly. Set a maximum value that you are comfortable with, and resist going higher. With merchandise like laptops, I would advise a 2 to 1 rule; meaning that you can generally sell the products for about 1/2 of the original retail value.

You don’t have to register to view the manifest and lot information. You can view all of that from the main home page. You will have to register in order to bid however.

Where To Find Walmart Overstock and Liquidation Pallets

Where To Find Walmart Overstock and Liquidation Pallets

Where To Find Walmart Overstock and Liquidation Pallets

Are you looking for Walmart overstock pallets? Finding retail liquidation and overstock pallets can be a headache. And finding them on a regular basis can be an ever bigger problem. One of the main issues in running an online business is sustainability. You need to constantly source inventory. It is literally the lifeblood of any online business. Five years ago, this was almost impossible. You needed to have a contact in the liquidation department of a retail chain in order to have access to their liquidation pallets. Today that is no longer such a big issue. BidonFusion has offered the solution to that problem.

BidonFusion.com is an auction platform liquidation website connecting liquidators with buyers looking to buy wholesale merchandise. So from one web page, you can source liquidation pallets from multiple retailers. You can read a full write-up on BidonFusion here.

Walmart is one of the major national retailers that sell on BidonFusion. If you are looking for Walmart pallets, or just general merchandise, this is a good place to start. They have pallets for businesses of all sizes, and you can get your first pallet for just a few hundred dollars. You will also liquidation lots from other national retailers like The Home Depot, TigerDirect.com, Alibaba, Sam’s Club, and others.

Unlike membership clubs like DOBA or WorldWide Brands, there is no membership fee. Signing up is free, and quick. After you register, you can view all of the auctions they currently have, as well as upcoming live auction events. There are no purchase requirements, and there are no minimum requirements. So if you have the necessary information required to sign up, you are able to view the current inventory, and bid if you so choose.

One of the benefits of Walmart overstock pallets is that they offer general merchandise – you aren’t committed to specific niche. So you can try out a wide variety of products, and find out what fits your specific business. What you see in a Walmart store is what is offered in their auction lots. Some lots will be electronics heavy, others will contain more cosmetics, etc. For the most part though, most lots with have an even mix of products. They do also have specific category lots, such as patio and outdoor furniture lots, or kitchen and bath lots, etc.

You can view a full manifest, along with pictures of what is being sold for each lot/auction, so there are no surprises. You can view the exact contents for each lot, as well as the wholesale value, retail value, etc. The pallets will vary in content and size from week to week, but for the most part, you can find what you are looking for on a constant basis.

As with all general liquidation lots, I would advise you stick to the 3 to 1 rule. With most overstock or liquidation lots, you will generally be able to sell it for about 1/3 of the original retail value. So if the retail value is $3000, you should be able to sell that lot (either whole or piece by piece) for about $1000 – so bid accordingly. Set a maximum value that you are comfortable with, and resist going higher. With merchandise like jewelry, handbags, designer clothing, I would advise a 2 to 1 rule; meaning that you can generally sell the merchandise for about 1/2 of the original retail value.

You don’t have to register to view the manifest and lot information. You can view all of that from the main home page. You will have to register in order to bid however.

How to Find Drop Ship Suppliers and Bulk Wholesalers

How to Find Drop Ship Suppliers – From an Actual Drop Shipper

Drop shippingI spent a whole year playing the drop shipping game. It is definitely not the way its made out to be in those TV infomercials, e-books, and so on. It’s not a get rich quick scheme – you will actually have to work, a lot. When people find out you are an eBay seller, they tell you to look into drop shipping, as if they’re the first person to ever give you that idea. Everyone thinks its easy, until they actually try it.

Drop shipping definitely has its pros – but a good amount of cons as well.

It takes the same amount of work as a traditional inventory holding store – at times even more. Instead of juggling inventory, warehouse space, and the money tied up in inventory, you are repeatedly getting rejected by suppliers and manufacturers, constantly updating inventory quantities, and babysitting your suppliers to either ship on time, or take care of various issues. So the trade-off in carrying less (or no) inventory, is more work for you. Having said that, you can definitely make some money after the initial growing pains. You just need a bit of a road map.

Drop ship manufacturers and suppliers don’t exactly advertise their drop shipping capabilities. So a majority of the time, you’ll have to ask if they do. A lot of manufacturers will actually drop ship for you in one way or another, they just prefer not to.

If you do a search for drop shipping, or how to find suppliers, or something like that, you’re going to find millions of results. And a lot of those are from either affiliate bloggers who just copy/paste the same rehashed information that hundreds of other sites have, or drop shipping sites that offer a monthly membership fee.

Information on finding ACTUAL drop ship suppliers is rarely found in either of those two places. If you’re just starting out as a drop shipper, or if you want to add inventory to your current eBay or Amazon store, here are a few tips about how to break down all the fluff, and get the actual information you need. I went through all of the usual google results, and ultimately had to learn the drop shipping business on my own. These are the actual steps that I took. It will take time (took me over a year), but if you do it right, you will make money online.

Before you read on, here are a few things you will need, and/or should have. 1.) A valid business (business license, sellers permit, Tax ID, etc.) Actual suppliers and manufacturers – legit businesses – will rarely work with you if you don’t have the necessary legal information. 2.) It’s a good idea to have a website. As an online seller, a lot of manufacturers will not sell to you if you represent yourself as an eBay or Amazon seller. So basically, you apply as either your legal business name, or your website, get approved, and then sell on eBay or Amazon.

And most importantly, 3.) Understand the difference between a brand and a manufacturer. A brand is something like Calvin Klein or Sony, etc. A manufacturer is usually a company that you haven’t heard of that makes the product for the brand. Sometimes they are the same, but most of the time, they are not. To get access to the merchandise, you will need to find the actual manufacturer. More times than not, they will offer some sort of drop ship service.

B-Stock Supply

B-Stock Supply

1.) B-Stock Supply – If you are just sick of searching for inventory, check out bstocksupply.com. This is an auction platform where huge and mid-size retailers liquidate pallets in auction form. You will actually find great deals if you search thoroughly, and bit patiently. Major national retail chains use bstock to liquidate their excess or customer return inventory, so you’ll find a lot of popular and common merchandise available.

2.) Attend trade shows – Manufacturers present their goods here for both people like you, and actual designers and brands. This is a good way of meeting many suppliers at once in any given category. Or you can also cheat and go to the trade show website. For example, go to lasvegasmarket.com, and click on “exhibitor directory”. From there you’ll have access to the entire list of manufacturers and suppliers.

3.) Search Google – Again, this comes down to understanding the difference between brands and manufacturers. If you search for Calvin Klein jeans suppliers, you’ll get mostly nothing. You might even get a few places selling salvage or liquidation merchandise, but nothing that is really useful. Instead, search using terms like “manufacturer for Calvin Klein”. Thomasnet.com is also a very good (and free) source of manufacturer listings. You’ll need to do a bit of digging there to find wholesalers and suppliers that you can actually use – but it’s worth it! Good suppliers don’t grow on trees.

Thomasnet.com supplier discovery

Thomasnet.com supplier discovery

4.) Contact the manufacturer or supplier – Finding actual sources is a lot like dating. You’ll contact the manufacturer, and they will ask you if you are a stocking dealer. When you say no, they will reject you a good amount of the time. So you need to apply with about 5 or 10 suppliers to get one approval. Once you get into the habit of applying to 20 or 30 suppliers a day, it’s not that big of a deal. Avoid places and companies like “authorized dealer/distributor”. These are just middle men, and it’s very hard to get competitive pricing from these places.

Once you find their website, look for either of two links. Most manufacturers or suppliers will have a “vendors” or “wholesale” type of link somewhere on the page. From that link, you can apply to become a vendor with that manufacturer. If you don’t see a link like that, try the contact us link. Send them a message asking them how to go about purchasing wholesale.

5.) Salehoo – Salehoo is a resource I personally use myself. With over 8,000 suppliers in over 150 categories, its definitely an interesting option. At $67 for an annual membership, its actually

Salehoo

Salehoo

quite a bargain. Click the blue Salehoo link if you’d like to learn more about it.

Salehoo is definitely good for beginners who don’t know how to find a wholesale supplier, and don’t know which products they should sell online. Intermediate and advanced sellers who have experience selling online, but are struggling to find legitimate suppliers can also benefit greatly by finding legitimate suppliers in their niche. Or even by finding wholesalers and manufacturers of complimentary items.

Salehoo is bit like the Thomasnet,com directory mentioned above, but like a Cliffs Notes version. Whereas Thomasnet lists all sorts of manufacturers, contract manufacturers, outsourcing, etc, Salehoo provides suppliers and manufacturers that will sell to you in either light bulk, or drop ship capacities.

6.) DOBA – DOBA is a drop shipping marketplace for online retailers and wholesale suppliers. With a paid membership, you have access to thousands of suppliers, and millions of products. You list the items, and then purchase them from the supplier when it sells through the site. Kind of like eBay for wholesale.

DOBA

It sounds easy and fun – except DOBA (like everything else in life) isn’t what it used to be. In spirit, DOBA is/was meant to connect drop shippers with actual manufacturers. But in reality, it doesn’t work out that way. The vast majority of the sellers on DOBA are middle men and suppliers, not the actual manufacturer or wholesaler. So by the time you pay for the product cost, per order fee if any, shipping costs, and eBay or Amazon fees, your total product cost is higher than the average eBay selling price. By the time you add on a little profit, your selling price is on the higher end, and you can’t really compete. And that’s not even considering the membership fee. All of that to say – you’ll get a few sales, but nothing of real substance.

If you’re just starting out, and want to get some inventory up into your store, DOBA is something to consider. You can quickly accumulate thousands of items in your eBay or Amazon inventory without having to apply to become a dealer with the individual suppliers, but it is something that you will phase out fairly quickly as the profit per sale is not very high, if at all. And their customer service is very lacking.

7.) CameoEz – CameoEz.com is a network of suppliers and manufacturers, and it is free to join. You make one account with CameoEz, which you can then use to log in and purchase from a host of other suppliers and manufacturers. This network is a bit limited, and a lot of their suppliers will not sell in drop ship quantities, but their wholesalers are the real deal. No fake suppliers and middle men.

8.) JOOR – Jooraccess.com is hit and miss. Joor is somewhat like DOBA – it is a wholesale marketplace – but instead of buying on the website, it’s more of a platform to meet manufacturers, and apply with them directly. JOOR is like the match.com of marketplaces. You apply or “make a connection” with a brand or supplier. If they accept you, then you go from there. It is intended for a more established business; especially those with retail front, but you will find actual manufacturers for popular brands here.

Joor Access - Sales page

Joor Access – Sales page

9.) Drop ship clubs – Stay away from drop ship clubs. These are the sites that offer you thousands of products that they sell, and drop ship for you. They will usually have a monthly membership fee, as well as a per order fee. They also offer prices that are above the average selling price on eBay.

10.) Update inventory quantities – Ebay and Amazon are very sensitive to out of stock items – as are some of your buyers. Ebay and Amazon consider an out of stock purchase to be a transaction defect, which obviously isn’t good. And about a quarter of buyers will act like it’s some kind of travesty when you tell them their purchase is out of stock – and open claims, leave negative feedback, etc. So you will have to avoid these issues by updating your inventory quantities. You can get this information directly from the supplier/manufacturer. A good rule of thumb is updating every 1-3 weeks, but that will vary from supplier to supplier. With some, you’ll never have to update until a product or product line has been discontinued.

11.) Minimize out of stock issues – No matter how often you update, you will come across out of stock items, or similar issues. In these cases, act fast, minimize losses, and as a last resort, cancel the order. You’re much better off fulfilling the order at break-even, or a (very small) loss. When I have an out of stock item, I will usually just drop-ship through another eBay or Amazon seller.  In these cases, you will either make little profit, no profit, or incur a small loss.

If you just cancel the sale, you will receive a defect for the item, as well as any revenge actions from a possibly upset customer. Fulfill the sale as fast as you can through a different seller (or a different site – Overstock.com for example). Avoid small websites, especially those that look like a drop ship site, as they are probably getting the item from the same place you are, and they too will be out of stock. In these cases, the site will not notify you that they are out of stock for a few days – not good for you!

If you can’t find the item anywhere, you can also message your buyer and ask them if they are able to wait until you have the item back in stock. Most buyers will agree.

As a last resort, cancel and refund. But do so quickly. If you don’t, and you just sit on the order, the buyer will open a case, and leave negative feedback. So the goal here is to minimize losses in every form.

If you need anymore information that what is listed here, please feel free to contact me.