Selling on Amazon is quite profitable if you know how to choose the best wholesale supplier. Unfortunately, it could be tricky, even for the seasoned Amazon store owners. Choosing the right wholesale supplier for Amazon is as crucial as choosing the right product. After all, they directly influence wait time for your products. Moreover, it may also impact your reputation and seller rating. Below we have put together a few simple yet effective methods to find the best Amazon FBA wholesale suppliers. Let’s get to know about them one by one.
Discover Your Competitors’ SuppliersFind out the manufacturers and suppliers selling to existing Amazon FBA sellers. There is one simple way to access this list. US Customs documents all the imports made to the United States. Go to their website and find out the import data such as supplier name, buyer name, number of shipments, etc.
Use Wholesale Database or DirectoriesThere are plenty of platforms that provide contact details of the best wholesale supplier for Amazon. Using such databases, you can find wholesale suppliers for almost any product niche from anywhere in the world. You can think of them as the Yellow Pages of wholesalers. Profitguru.com is one such website that provides a smart database of wholesale suppliers. You may check it out.
Explore the Nearest Wholesale MarketIt’s like a personal approach to purchase wholesale goods. Visit your nearest wholesale market, talk to the suppliers and buy goods on-site. Take the help of Google Search to find the best wholesale market in your region. Don’t hesitate to take help from industry veterans, and associations.
Be a Part of Events/Trade ShowsTrade shows and events connect sellers & buyers of a specific industry. If it’s happening in your nearby region, you must take advantage of it. Such events last for a few days where sellers exhibit their products. You can move around, and initiate inquiries about trade and wholesaling. Trade shows are a perfect place to find wholesale suppliers for Amazon FBA. You get a chance to interact with a large number of popular wholesalers and manufacturers under one roof. Most trade shows are free of cost for buyers while sellers pay a heavy amount to book space. There are several websites that can keep you up-to-date with the upcoming trade events and shows in your city. Some popular ones include thetradeshownetwork.com, absoluteexhibits.com, and nimlok.com.
Tour to Manufacturing HubsChina & Japan are two prominent countries when it comes to manufacturing. So you can visit these two countries to import products and resell them via Amazon FBA. Some renowned manufacturing hubs in China include:
- Shenzhen for electronics
- Hong Kong for trading & logistics
- Shanghai for steel
- Ningbo for chemicals
- Guangzhou for automobiles
- Qingdao for machinery and automobiles
- Chubu for advanced automotive
- Shikoku for shipbuilding & food processing
- Tohoku for automobile & medical equipment
- According to weforum.org, China accounts for 28% of global manufacturing output while Japan accounts for 7.2%.
Look for Sourcing AgentsIf you don’t want to visit manufacturing units or factories yourself, you can hire sourcing agents. For those who don’t know, sourcing agents are professionals that help you find suppliers for a fee. You can find experienced sourcing agents on platforms like guru.com, freelancer.com, and UpWork.
Consider Amazon BusinessAmazon Business is an eCommerce portal that connects wholesale suppliers to businesses. You can buy bulk at Amazon and then re-sell via Amazon FBA with your profit margin. The good thing is that buying on Amazon business is as simple as on Amazon.com. To create an Amazon Business account, you need to submit your business details and tax registration number.
Use LinkedInA lot of people don’t realize it, but LinkedIn is another ideal platform to find the best wholesale suppliers for Amazon. It is one of the best business networking platforms where you can find appropriate wholesale suppliers. Simply create an account on LinkedIn to find suppliers. Go to the Search box and search for relevant suppliers or manufacturers. You can visit suppliers’ profiles and websites to know more about them. Also, don’t forget to introduce yourself.
Private Label ManufacturersPrivate label manufacturers make products without labels or brands. Usually, they label their goods with their retailers’ brand names. You can find the name of such manufacturers on private-labeled products. Search those names on the internet and contact them. So these are a few ways you can find the best wholesale suppliers for Amazon. There are several factors to keep in mind while comparing suppliers. Check with the following things before working with a wholesale supplier.
- Method of shipment a supplier is using
- Shipment time for their products
- Product tracking facility
- Return policy
- Take reference from other store owners who have already used their products.