The dropshipping business is a legitimate way of making money; however, it comes with a major drawback: finding a genuine wholesaler or dealer can be frustrating and challenging for new businesses. You may be familiar with Amazon, eBay, Alibaba, Wholesale2b, and SaleYee dropshipping, but SaleHoo is a unique dropshipping platform for online retailers to find low-cost suppliers and lucrative product ideas. SaleHoo was established to eliminate the hassles and challenges faced by new businesses in finding legitimate and trustworthy wholesalers. We are writing this SaleHoo review to introduce SaleHoo as a powerful tool for dropshipping.
Reading this SaleHoo review means you are interested in the dropshipping business. Since you are, welcome aboard. Our SaleHoo review will provide detailed information about SaleHoo services, how the platform works, and also how you can use SaleHoo for sourcing products to sell. The first thing you need to know is that SaleHoo is not a direct supplier but a platform where you can connect with legitimate wholesalers and suppliers. While SaleHoo allows you to connect with genuine wholesalers and suppliers all over the world, you cannot buy products directly from the site. Keep reading to know why.
What is SaleHoo?
SaleHoo is an online research tool and supplier directory that allows you to search for products and compare suppliers from various parts of the world. You can search for any product to sell by product name, brand, and category. This powerful platform has an online community where dropshippers, wholesalers, manufacturers, liquidators, and e-commerce stores connect with one another.
Here’s a brief overview of SaleHoo. SaleHoo was established in 2005 by Simon Slade in New Zealand. The company is home to thousands of trustworthy suppliers all over the world. Retailers can browse through millions of product names from different brands and categories, contact suppliers, and resell them to customers at a huge profit. With this platform, internet retailers have the opportunity to stock profitable products from hot-selling trends and in-demand products from over 8,000 local and global suppliers from the United Kingdom, China, Canada, United States, and Australia.
Since its inception, SaleHoo has helped hundreds of thousands of online retailers to start and grow their online business. One thing is certain for those using the SaleHoo login; they enjoy large profit margins from profitable and in-demand products.
SaleHoo Dropshipping
With over 31% of online retailers adopting dropshipping as their primary source of fulfillment, you are not wrong to say dropshipping is one of the most lucrative and easy-to-start up businesses online. Having multiple platforms to choose from gives dropshipping business a beginner’s edge over other online businesses.
Is SaleHoo worth it? SaleHoo is perfect for beginners as it allows you to find trustworthy suppliers that offer very low minimum order. You can make huge profits using this platform. All you have to do is to use the tools available to research profitable SaleHoo products. SaleHoo is ideal for those who need a side hustle or want to venture into a full-time dropshipping business.
How SaleHoo works
As mentioned earlier, SaleHoo dropshipping allows you to find wholesalers and suppliers who offer profitable products that you can sell for large margins. The platform works in three basic steps:
1. Find profitable ideas and hot-selling and in-demand SaleHoo products in the market
2. Use the SaleHoo directory tool to find trustworthy suppliers for the products
3. Contact the suppliers and finalize your deal
How SaleHoo works for dropshipping
After finding the right products and suppliers, you don’t need to stock the inventory. Again, it is important to understand that SaleHoo does not sell actual products – it is a product sourcing tool for online sellers. This means, you still need other dropshipping platforms like Amazon, eBay, Shopify, etc. to drop ship those products.
1. In SaleHoo dropshipping, you can upload the product details (including images and descriptions) on Amazon, eBay, and other third-party marketplaces or your e-commerce store.
2. Once a customer orders your product, you can buy the same product from the supplier who offers the lowest price on SaleHoo.
3. After payment confirmation, the Dropshipper will ship the product directly to your customer under your brand’s name.
SaleHoo dropshipping is a legit tool that online sellers can use to find products with a very high-profit margin listed at a lower price.
SaleHoo VS Alibaba
Alibaba is one of the oldest dropshipping platforms in the world. It is well-known for its extensive list of products and suppliers. However, where Alibaba fails, SaleHoo thrives. Over the years, many businesses have complained of falling into a scam with suppliers from Alibaba. Out of 15 suppliers, only 4 may turn out to be real. This negative experience along with advertising false information, not honoring refunds, sending faulty goods, and shipping fake products makes Alibaba a no-go-to platform for online sellers. At SaleHoo, there are a set of policies that SaleHoo suppliers must first need to verify before using the platform. More so, SaleHoo verifies the supplier’s physical address and license to ensure its legitimacy. This is why SaleHoo’s customers have excellent experiences with suppliers.
SaleHoo VS Wholesale2B
Both SaleHoo vs Wholesale2b claim to offer a wide array of low-cost/high-profit products to sell, excellent customer support, and tons of educational resources to help sellers grow their business. However, sellers on Wholesale2b have struggled to make a profit because the items listed here cost more than they did on eBay, Amazon, and other public marketplaces. Meanwhile, SaleHoo suppliers have numerous testimonies and success stories of how their customers are making huge profits with the items listed on the SaleHoo platform. The testimonies are mixed when you look at Wholesale2b. Also, when comparing SaleHoo and Wholesale2b, it is obvious that SaleHoo has stronger social proof. SaleHoo’s swift response to issues is incredible. Customers are satisfied with SaleHoo’s exceptional customer service and this makes them come back.
Are There Other SaleHoo Alternatives?
No doubt, SaleHoo is one of the best dropshipping tools in the market. Its strict set of policies only permits trusted suppliers from amazing brands. Also, SaleHoo offers numerous training courses to help customers to better understand their services. However, there are a few lapses on SaleHoo that might make you want to consider an alternative. They are marketplace fees, branding, etc. Since retailers using SaleHoo usually sell their products on Amazon and eBay, the profit margin is low due to the charges incurred by these third-party marketplaces.
Beginners can consider the SaleYee platform to resolve this issue. SaleYee.com offers trustworthy suppliers from all over the world that sell products at low costs to guarantee a huge profit margin. You simply add products from profitable SKUs, promote your store, receive orders, and allow the suppliers to fulfill orders on your behalf.
Also, SaleHoo might not be the best solution for people who intend to build their brand and identity. Since most of the products are sold on third-party websites, SaleHoo may discourage entrepreneurs who are hoping to establish a company as SaleHoo doesn't sell on their own website, rather, they sell on third-party marketplaces. The same cannot be said for SaleYee.com as you are allowed to not only research legit suppliers but also sell through the platform or your store. Besides, with SaleYee dropshipping platform, you don’t need to pay any hidden fee for using the platform. Other reasons to consider SaleYee.com as a SaleHoo alternative include:
- 24/7 excellent customer service
- Customize your products
- Trusted suppliers from all over the world
- No hidden fees
- Extra fast shipping
- Money-back guarantee
- Low minimum orders
Conclusion
Let’s have a conclusion of SaleHoo review 2020. SaleHoo is recommended for online sellers who want to earn some extra money part-time. Low minimum orders, excellent customer service, and an array of suppliers are like a prepared meal waiting to be consumed. Is SaleHoo worth it? At $67 per year, SaleHoo’s yearly pricing is competitive and can help beginners generate the funds needed to start-up their own e-commerce store. In addition, SaleHoo has been featured on CNBC, Inc., Forbes, and MSN. That shows how trustworthy they are.
