What does Wholesale mean?
Wholesale refers to the practice of purchasing branded products in bulk amount from another supplier, manufacturer, or distributor to resell them to consumers. For instance, wholesalers may deal with consumer electronics, toys, and even kitchenware.
Have you ever thought of becoming a wholesaler rather than buying the products from other wholesalers? If no, then think about it now and start selling on Amazon in bulk. An FBA Wholesaler will be reselling the products using a different strategy. However, taking the correct approach is crucial for your success, and the first step is to choose the right and profitable product.
What services do we offer?
Product Hunting
We follow proven criteria to hunt the best products available. The product that we shortlist will be:
- Low in competition
- High in demand
- High revenue-generating
- Having a maximum percentage of potential success rate
Product Sourcing
Our experts take into account the following points for product sourcing:
- Finding the right supplier
- Negotiating for a reasonable and competitive price
- Sourcing goes directly to the manufacturer or brand owner
- Opening a wholesale account with the brand owner
- Resale authorization letter or certificate
Product Launching
We ensure that we are meeting all the prerequisites of Amazon before launching the product. Our professionals will take care of:
- Creating FBA shipments
- Supply chain management
- Logistics management
- Inventory management
- Scaling
Turn Around Time (TAT)
How ECP FBA wholesale works on Amazon?
- Sell products with little to no PPC advertising.
- Get expert assistance from ECP’s Wholesale Experts to sell wholesale on Amazon.
- The process of setting up and running Amazon FBA Wholesale business comprises the necessary steps of:
- ECP’s Expert will find a high-demand product for you to sell in your store
- Our experts will source the product (in this case, from the manufacturer, distributors)
- We will run campaigns to elevate your sales.
- Our professionals will initiate the strategies to get the buy box.
- We will manage and grow your business (including inventory, sales, etc.)
- Our experts will source profitable niches in less than six weeks to get your businesses up and running.
Do you want to know the pros and cons of being an Amazon FBA Wholesaler before getting started?
Pros
Quick to start: Wholesale ranks among the easiest business models to set up and running behind retail arbitrage.
Product demand: You can easily take the burden of marketing off for your business by selling already established brands that consumers are searching for.
Profitable: 63% of wholesalers have started earning profits within three months compared to 65% of sellers who deal with private label products as it took them six months to see a profit.
Scalable: It’s easy to scale your FBA wholesale business as you can focus on growth, even if you need to hire a team for managing day-to-day operations. Instead, you have to focus on developing a brand, creating listings, and other aspects of building a fledgling brand.
Cons
Research: You need to perform rigorous research, and this is the most time-consuming aspect of starting a wholesale business. Thus, you will need to explore dozens or even hundreds of product opportunities to ensure that you can get the product from a supplier on-time.
Competition: Almost all of the listings will already have multiple sellers. Since you have to pull the “lever” of price, it can prove to be the “race to the bottom” sometimes.