Online Dollar Store - How To Find Wholesale Suppliers

Start your own online dollar store to make money off this niche after purchasing inventory at wholesale prices. An online dollar store stocks all kinds of items you see in concrete stores. The advantage is that the seller does not spend on overhead, except Internet and computer-related charges. E-commerce has become increasingly affordable, and more and more people prefer to buy online rather than commute all the way to a retail store. Commuting to a dollar store is even more impractical because the cost of the commute exceeds the amount of merchandise bought! No wonder buyers are turning to online dollar stores, and this presents a good business opportunity for the shrewd seller.

If you sell merchandise on a dropship basis, even the need to store inventory is eliminated. The seller runs no risk of unsold stock, and they can have the item dropshipped to the customer on receiving an order. Dropshipping via an online dollar store has many benefits.

• Large customer base: Everyone loves cheap knickknacks. Most people who are prone to impulse shopping invest in cheap items; indeed, they often push the order button after glancing at the price tag. No one buys an expensive item on impulse. Therefore, provided the seller presents the inventory well, he or she can access a large customer base. The dollar store items are not just used in homes. Cheap stationery may be part of office supplies. Cheap perfumes form part of gift baskets. Many customers buy dollar store merchandise as novelty items. Therefore, a dollar store reseller never lacks customers.
• Many uses: Sellers who dropship items often use dollar merchandise to lure more buyers for larger, more expensive products. The trick is to promote products prominently on your site or eBay profile, usually on the lines of “buy one X and get a Y absolutely free!”
• Wholesale pricing: If you can find the right wholesale supplier, you are set for a nice turnover. Every pallet may not bring in thousands of dollars. To earn that kind of money, you have to risk selling more fragile or expensive items, such as digital cameras, designer clothing, iPhones, and so on. However, the risk with smaller, low-value items is much less. They suffer less shipping damage, and if an item or two are unsaleable, the reseller still gets to recover the investment.

Now for the difficult part: Where do you find wholesale suppliers? Usually, there are many ways to find dropshipping wholesalers. You may think that a search engine offers the easiest route, but this does not always work. Search engines only display names of people who call themselves wholesalers—in reality, they may be agents or cheats. Experienced sellers either subscribe to an online directory or a dropshippers forum to find the right wholesale merchandise for their online stores.

Starting an online dollar store offers many advantages and there are many ways to find dropshipping wholesalers. You need to find the right wholesale suppliers if you want to have a good turnover.