SaleHoo Review 2019 – Is SaleHoo Legit? Does It Work?

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.

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Salehoo Review – Is It Profitable?

Take a look at the images below. In the first image, you see the Potential Profit a dropshipper can make on a Panda Onesie for kids according to Salehoo. However, on Amazon, the most popular seller of the product charges between $14.99 and $16.99. In general, Amazon is an indicator for what market value really is for a product. A person selling it on eBay would be outpriced by the several variations of the same product available on Amazon for much cheaper. If a dropshipper were to follow the recommended $36.99 they would likely lose sales to dropshippers who are retailing the product at about half the price. Thus, while a dropshipper may be able to make a profit on Salehoo, the amount is likely not as high as they’d hope

The Marketing Labs

It’s all very well having great wholesale suppliers offering great products at competitive prices. But the art of e-commerce is being able to spot a product that will sell. It requires a lot of knowledge. You can do the research by checking out your competition, what’s selling on platforms like eBay and Amazon and that will give you a starting point, but you will need to make a small leap of faith.

Salehoo has made it a lot easier. They actually have a team that is collecting data on sales, profits, trends, so when you’re a Salehoo member you’re getting some great insights into which products are selling and making good margins. It just helps to remove a little bit of the doubt you might have in adding a product to your store and spending money on advertising it.

It’s another example of Salehoo going the extra mile to help people setting up and running an e-commerce business. They act like they really do care if you’re successful or not. You have to respect that
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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.

 

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.

Can I Make Money With SaleHoo?

If you are still reading our SaleHoo review, you are probably itching to find out if you can make money using SaleHoo’s wholesale directory. We are here to tell you that you can make money, but it will all depend on the amount of effort you put into it. It is definitely not easy because a lot of people want to do the same thing as you.

There is a dramatic increase in the amount of consumers that shop online, which benefits those that sell their products online. There is a high level of competition, and the market is over-saturated with thousands of sellers selling the same products. That does not mean that you cannot grab a chunk of the market share for yourself.

That is where a service like SaleHoo comes into play for those that have a hard time finding real products to sell. SaleHoo offers millions of products that you can sell. They give you tools for checking competition insights and other market analysis tools.

Nobody can tell or predict how much money you can actually make because profit margins vary by factors such as niche, product selection, and competition levels.

Pricing

Right now, SaleHoo is offering their directory for only $1 for a 7-day trial. After that, it costs $67 for the year. That’s significantly less than their competitors. As I’ve mentioned, their biggest competitor is Worldwide Brands and it’s over 3 times the price. Yes, they have a larger directory but when you’re starting out you need all the support you can get and your budget is probably tight. A lot of people of prefer to spend less than $70 than over $250.

They also offer a 60-day money back guarantee. Whenever I see a guarantee like that it gives me the impression that the company knows how good they are because they put their money where their mouth is.