SaleHoo Review 2018 – Is SaleHoo Legit? Does It Work?
22-33% of internet retailers have adopted drop shipping as their primary method of order fulfillment. 84% of online sellers find that establishing a drop ship supplier or wholesaler relationship is the number one roadblock to starting an online business.
What is SaleHoo?
SaleHoo is a New Zealand company that was founded in 2005. It is a wholesale directory that connects you with thousands wholesalers, drop-shippers, liquidators, and manufacturers. SaleHoo is not a direct supplier so they do not sell you any products.
It is an online selling tool that you can use to search for and compare suppliers and products. By using the available tools, you can search for products to sell by product name, brand, and category.
While that company is located in New Zealand, a lot of the suppliers in the directory are located in the United States, United Kingdom, Canada, Australia, and China.
Is SaleHoo Legit?
It is really important to understand that SaleHoo is a product sourcing tool for online sellers, and they do not actually sell you products.
SaleHoo offers a nice referral program, so there are a lot of SaleHoo reviews that you can read on the web. We have read them all, and we can tell you that some hype up the product while others feel the service is a scam. We can tell you that SaleHoo is far from being the best tool for sourcing products, but it is definitely a legit service that you can use to find products to sell.
How do we know? We have been using the service for five years.
SaleHoo gives you the opportunity to become your own boss and set your own hours, which is something that a lot of us are looking to do. While the drop shipping business model has changed over the years, you can still make a substantial amount of money using this system. Whether you want to be your own boss or are just looking to add an extra income flow to support your family, we feel that it is possible, but it will not be easy.
As a real SaleHoo customer, we can tell you that SaleHoo is not a scam. It offers a real product at a recurring cost of $67 a year.
We wish that we had the necessary resources to tell you that SaleHoo will work for you, but that is just not possible. The only way to find out is to sign up for the service and decide if it is worth the cost.
What Others are Saying About SaleHoo
We took a few hours and searched the internet to see what others are saying about SaleHoo. We found that the service has mixed reviews.
Here are some rave SaleHoo reviews:
Here are some bad SaleHoo reviews:
Carolyn Gaza states: “They try to help but couldn’t find me any drop shipper that deals with name brand unlocked cell phones can be depressing after a while.” (Commenter on Best Company)
Selfless Marketer states: “I have used and do not think much of it. It’s very difficult to find products that you can make much of a profit with.” (Commenter on Warrior forum)
Carol Smith states: “I can say that i tried out Salehoo for a while and was not impressed. I was attempting to find products to resell on eBay. I looked for weeks without finding much at all. I would not recommend it if your plan is to sell on eBay.” (Commenter on Warrior forum)
How Does SaleHoo Work?
After you gain access to the service, you can search for products that you want to sell and suppliers that you are interested in working with. When you find a product that you want to sell or a supplier that you are willing to work with, contact the supplier and place your first order. Every supplier page provides you with various statistics such as shipping time-frames, minimum order amounts, etc.
You have to decide if you want to drop ship the products directly your customers or buy the products in bulk and arrange your own shipping. In short, drop shipping to your customers is easier whereas buying products in bulk usually yields better profit margins.
This is the process for drop shipping your goods:
You sell a product on eBay, Amazon, online store, or wherever else you plan on selling. After you make a sale, you buy the product from one of the suppliers in the directory and they will ship the product right to your customer. For example, you sell an item for $100 on eBay, but it only cost you $50 on SaleHoo. You keep the difference, but you have to subtract any fees (eBay fees, credit card fees, PayPal fees, etc.).
This is the process for buying the products in bulk:
In order to qualify for wholesale pricing, you have to buy the products in bulk and ship them to your warehouse. After you receive the products, you store the inventory in your warehouse. After you make a sale, you ship the items right to your customers. This method is riskier because you have to buy the products upfront and you have to have enough space for inventory. On the positive side, this method usually yields better profit margins click here Salehoo
