Amazon is an amazing platform that offers multiple benefits for both buyers and sellers.
If you are a seller, you should familiarize yourself with the available opportunities to set up and grow your businesses. Finding FBA wholesale suppliers may be one of the things that you will need to do. Find out how this can be achieved.
What Is An Amazon FBA Business?
Amazon FBA businesses allow sellers to pick products that they wish to sell, find suppliers, order products, pack them, and, finally, ship. Your earnings will be the difference between the price that you purchase the product for and the price that you sell it for.
The fulfillment by Amazon allows avoiding taking care of plenty of things yourself which not only saves you time and money but also grows your business in a hassle-free way. Finding suppliers is an important task because you want to offer your customers great quality at a reasonable price. So, how can this be done?
How to Find Suppliers?
First of all, you will need to determine what exactly you wish to sell. This can be a certain category such as clothes, toys, hardware, etc. You want to find reliable suppliers that offer your chosen products at reasonable prices under convenient delivery terms. Below you will find ten effective ways to find suppliers of your products.
Way #1 — Google and Other Search Engines
Chances are you will be able to find numerous suppliers on the Internet. Remember that they are also interested in finding sellers for their products. This means suppliers are likely to have official websites, run various ads, or ensure their presence on the Internet in a different way.
Way #2 — Trade Shows
Such events are organized with the goal of bringing together participants of a particular industry. This is where they demonstrate and discuss the latest products. The size of such shows can be different. If it is a large event, members of various industries can be invited. Attending such shows not only will allow you to find the suppliers but also will keep you well-informed about interesting products that you also may want to offer to your customers.
It is recommended to make a schedule of future events to make sure you are not missing any.
Way #3 — Wholesale Directories
By searching through such directories, you may be able to find lots of suppliers. These directories are paid but they save a lot of time.
Way #4 — Products Rising in Popularity
Offering highly popular products may not be a wise idea since the competition in up trending niches is quite fierce and can easily ruin your profits. However, you want to be aware of the products that are about to become bestselling. Look at the list of bestselling products on Amazon and try to find goods that are about to become highly popular. The next step will be finding their manufacturers.
Way #5 — Industry Trade Groups
These are organizations established and funded by businesses from a specific industry. The main purpose of such groups is to maintain productive collaboration between different companies. Such a group can participate in a variety of activities such as advertising, publishing, and education. Sellers can use them similarly to trade shows.
Way #6 — LinkedIn
LinkedIn is a well-known platform for everyone who wants to promote themselves. It is used by both businesses and individuals. By searching on this platform, you will be able to find the list of manufacturers producing the products that you need.
Way #7 — Product Information
This is a straightforward way to find suppliers of the product you are interested in. The product comes with a label that includes essential information such as the name of the manufacturer and contact details. This means that you will get all the needed information right from the product. This is also a great way to find an ideal item to sell because you can test it yourself.
Way #8 — Social Media Platforms
Social media platforms like Facebook and Instagram are also great sources for finding suppliers. By using special hashtags and search options, you will be able to find suppliers’ pages. This is not only a great way to familiarize yourself with the product range but also to contact the supplier directly.
Way # 9 — Wholesale Websites for Businesses
Such websites work similarly to Amazon, but the participants are retailers and businesses selling in bulk. In this case, you do not even need to bother with contacting anyone. Simply place your order, make a payment, and get as many products as you want.
Way #10 — Industry-Specific Publications
By subscribing to such services, you will make sure you stay on top of the same news that your target suppliers are interested in. For example, this is how you will learn about various events, awards, etc.
Read more:
10 Ways to Find Suppliers for Your Amazon FBA Business
