A new trend in the wholesale industry is ‘Wholesale Networks’. If you have heard this phrase, you probably were not aware of what it actually means and how it can benefit you as a wholesale source in getting more of your products out to your customers. Let’s firstly take a look at what wholesale networks are and what they can do for you.

A wholesale network isn’t the same as a wholesale suppliers list or a directory service such as Salehoo. What it is instead is a centralized service where many different wholesale sources offer their goods for sale to their customers.

For wholesale suppliers, wholesale networks don’t carry a fee to promote your products on their website. Their motive is to get as many different wholesale sources offering as wide a selection of product ranges as possible. The way that they profit is by providing a subscription service to retailers that are looking to acquire wholesale products from suppliers.

This subscription service makes up for the operating costs of the wholesale network, as the retailer uses the wholesale network as a single shop for all their wholesale sourcing needs. From a retailer’s point of view, they are able to go in and make orders for multiple different items to be delivered to multiple customers all at the one time. They don’t place separate orders with each wholesale source, as the wholesale network operators control all of this type of administration.

It’s a very desirable prospect from a retailer’s point of view, as they save copious amounts of time by only having one storefront to deal with. For both sourcing and ordering products, it is a preferential way of doing business.

Likewise, from a wholesale supplier’s point of view, a wholesale network provides the connection with multiple retailers for very little effort. It is more a case of your customers coming to you, rather than you having to advertise to your customers.

Some people are paranoid that there may be competition from other wholesale sources, but as we all know, wholesale suppliers deal in such a wide selection of items that there really is no cause to worry. Additionally, your retail customers will be on the look out for very different things, from those that want to sell higher priced, higher quality wholesale goods, to those that are looking for cheap and cheerful goods that will fly off the shelves. Whatever your wholesale product range is, there is a place for you in wholesale networks.

The reason that wholesale networks are such a great way for you to get your products to retailers is that they offer maximum flexibility for minimum effort. If you are willing to drop ship goods on behalf of your customers, you will find that you are able to earn greater business and also turn a better profit for it.

Rather than getting involved in wholesale directories or wholesale lists that rarely give you any customers, try getting involved in product-based wholesale networks that offer a far better solution for you as a wholesale source.