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For the rest you have to wait and see what the first weeks of your business adventure will bring you, company-wise.
To do it the second way, using the SaleHoo directory, costs you $70 as a onetime fee for which you get unlimited access to the website that has listed all those verified companies. You do not need to check them out yourself; other people have done that for you. What is more, co-sellers constantly review the companies with which they are working so thanks to their feedback you know exactly with whom you are dealing. The data on the website are weekly updated, there is a forum where you can talk with super sellers and ask them anything on wholesale dropshipping. Learn from the best!
All the legwork you have done in the first way is done for you and still being done in the second. That is a whole lot of time, money and effort you do not need to spend so you can focus on other aspects of your business set-up.
When people think about the business of wholesale drop shipping, they think: Easy money.
You have a plan to run your business. You plan your work and work your plan. You're a busy person.
Now, absorb everything I just said and remove one process from it: Inventory management.
There, you have a real drop shipping business. As we can see, it is just like running any other business, except that the advantage of private label shipping with wholesale products drop shippers and wholesale suppliers means you don't have to worry about warehousing, carrying and managing inventory, or packaging and shipping the items. Yes, that would be a big load off your busy daily schedule, and you would probably be even more successful devoting more of your time to marketing your business and spending less time worrying about your warehouse operations.
So which categories and niches are good for making money with wholesale suppliers & dropshippers?
I don't know, what size shoe do I wear? All kidding aside... I do feel compelled to tell you that this is one business where your possibilities are actually endless.
As far as categories, you're only limited to your imagination. Anything that you can see around you, that you see at malls, large chain stores online & offline - can be drop shipped directly to your customers: If you find the right source of quality, legitimate, reliable, real suppliers and drop shippers. Think about it: People want clothes, shoes, bikes, binoculars, sporting equipment, security cameras, coach bags, cheap suits, high-end electronics, women's stuff, men's products, cameras, home furnishings, laptops, plasma TVs, kitchen, home & garden products. Nutrition, games, Xbox, books, movies...... do I need to go on?
I've seen many fail in this business over the past 2 decades. How about selling hidden security cameras to parents who have a nanny or babysitter in the house when they're away, watching their kids, and want to know if their kids are being treated properly. That is what we call laser line focus.
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