Nowadays, more and more people are doing business with China wholesaler. A fast growing business opportunity on the Internet is wholesaling MP3 players from China. MP3 players purchased directly from China wholesalers typically cost up to 40 percent lower than average wholesale prices. This leaves plenty of room for profit when reselling products to your customers. Below are 7 steps about how to wholesale MP3 players from China.
Locate one or more suppliers of MP3 players in China. Research the companies you are considering doing with business with to make sure they are legitimate wholesalers. If you are sourcing from overseas, you may not have the luxury to converse face-to-face with your suppliers. The only handles you have are their track record. You may check out their business practices at Better Business Bureau if they are located in US. If not, find out which are the national or government agencies that govern business registrations and licensing. Drop a note to find out if there have been complaints lodged against them. Of course, there are other avenues to find out more such as work-at-home or auction forums. These are great places to educate oneself on the reseller business and be alerted to scams.
After you have decided your wholesaler, find a web hosting site to set up a website for reselling your MP3 players. You will need to decide if you want a designated or shared serving hosting company. Both have advantages and disadvantages. Shared servers are considerably less expensive and may prove to be adequate for small business. Dedicated servers are more expensive but may be necessary for large business.
Sign up for a PayPal merchant account which will allow you to process customer orders using credit cards.
Establish a shipping agreement with one or more shipping companies for ground, air and ocean shipping options.
Decide on warranty and return policies for your customers and make sure these are accessible on your webpage.
Advertise your MP3 site on the internet. A good, inexpensive way to do this is by approaching owners of other sites that compliment yours and requesting to do a banner exchange program with them. This will allow you to advertise your site on their site in exchange for them advertising on yours.
Register with the internet search engines to help bring traffic to your site.