1. This site uses cookies. By continuing to use this site, you are agreeing to our use of cookies. Learn More.

Help. Need advice from someone who knows

Discussion in 'Dropshipping & Wholesale Hookups' started by Ev0let, Mar 26, 2014.

Tags:
  1. Ev0let

    Ev0let Newbie

    Joined:
    Dec 17, 2012
    Messages:
    12
    Likes Received:
    3
    Location:
    Canada
    Hey guys, I have a question. I am fairly new to internet marketing and I have recently started my own etsy shop in a niche that I am passionate about. And it's doing fairly well so far. I was just contacted by a local company who's business is also in the same niche and she has asked me if I would be able to provide wholesale to her on 2 of my items that I am selling within my shop. The cost for me to make the product including shipping worldwide is only $11.00. I charge $19.99 so my cut is fairly decent. I just don't know anything about wholesaling and how I should go about pricing for something like this. Does anyone have any suggestions or ideas or even a reputable website with valuable information in this.
     
  2. Yingji Wen

    Yingji Wen Registered Member

    Joined:
    Apr 11, 2013
    Messages:
    67
    Likes Received:
    2
    Occupation:
    manager
    Location:
    China
    Home Page:
    maybe it is a good news for you. but, I guess that the niche you are selling is from the suppliers in other Country, for example, from China. In this case, you should study your local custom policy. When you do the daily dropshipping, sometimes you can avoid the VAT, but when you do wholesale with big Qty, your have to use DHL, EMS or Fedex or even seaship. The custom will check your package, then charge some tax. So, now you need to know if you will pay some additional tax, then make a caculation. Finally, it will help you to choose a suitbale price. Good luck anyway!
     
  3. Ev0let

    Ev0let Newbie

    Joined:
    Dec 17, 2012
    Messages:
    12
    Likes Received:
    3
    Location:
    Canada
    I really appreciate your reply Yingji. Exactly the kind of info I was needing. I think I am much to new and inexperienced in IM to venture into the wholesale market. Thanks for your info.