If you want to sell online, where can you get the goods? This is always a big concern for those who are planning to try their hand at business in general and online business in particular. The truth is that there are countless sources of goods, but finding a reputable, quality place at an affordable price that is suitable for your business model is not easy.
If you are having a headache because you don't know where to get the goods if you want to sell online? If you are wondering which source to choose to suit your store's business model, don't skip this article. We have compiled and analyzed for you 6 ways to find extremely reputable and quality product sources for you.
What is online selling?
Today, the information society is exploding with the advent of many new technologies that have greatly helped people's lives. Besides utilities in many areas of life, technology is also applied in business models. Incorporating technological elements into business has given birth to a new concept of online sales.
The online sales model is understood as a form of business and trading on the internet through popular sales channels such as websites, social networks or e-commerce trading floors.
With this form, both buyers and sellers transact through smart devices. Sellers do not necessarily have to have their own store and buyers do not need to go directly to the store to choose items. All transactions between sellers and customers will be performed via the internet.
Thanks to the development and improvement of technology, many people come to online shopping as a matter of course. As supply increases, demand increases, so more and more people choose to do business online. Many problems are raised with this form of business, including: If you want to sell online, where can you get the goods? becomes the concern of the vast majority of startups in this direction.
Necessary before determining the source of goods
Before answering the question “If you want to sell online, where can you get the goods?” Business people need to clearly determine the following:
Identify online business products
If you want to sell, you must start by determining what type of product you want to sell, then you can choose a source of goods that suits the store's business model.
To be able to create a separate market and avoid competition, sellers should choose business products based on the following criteria:
- The product breaks even quickly: ensures no loss in business. Some items that can make a profit include: Clothes, snacks, etc.
- The product has a large market segment: please note that products with affordable prices, not too expensive, are the preferred choice of the majority of users.
- Do not sell fake products: Counterfeit goods are often of poor quality and are not permitted by law
You need to understand one thing clearly, identifying business products before sourcing goods is extremely important and necessary. Not all suppliers have a full range of goods, some places only specialize in wholesale one or a few types of goods. So determining in advance what items to sell helps you eliminate irrelevant sources, thus saving a lot of time. This is a very important factor to solve the problem.”If you want to sell online, where can you get the goods?“.
Identify target customers
Target customers are the group of customers in the market segment that the store wants to target, they are the people who can afford to buy certain items and become customers of the store. These customers are the people who will use the store's business products. Therefore, identifying target customers is a strategy to help sellers bring products closer to the market.
For the stage of selecting goods sources, analyzing target customers helps business entities determine the scale of goods that need to be imported as well as the quality, status, and nature of the goods.
The seller will be able to answer the question: Who is this product sold to?
In addition to the above two steps, there are many other tasks, however, just identify the product and customer; Business people can have a basic idea of where they will import goods
If you want to sell online, where can you get the goods?
Sourcing goods is an extremely important step that determines the success or failure of 60%'s business. Why so? Because the source of goods will be the place that provides products for the store, where the seller invests capital to buy a large number of items, etc. So where do you want to sell online to get the goods? Answering this question means you have completed nearly half the way to building your online sales channel.
Here are 4 ways to source products that we have compiled.
1. Sourcing goods from abroad
It may sound hard to believe, but in fact, currently, taking international goods for business in Vietnam is becoming a mainstream trend pursued by a large number of business owners.
In recent years, items from China, Korea or further afield Thailand have always become super hot items in online shops. Have you ever heard of Chinese domestic products? Concept of ordering Taobao products? Genuine hand-carried Korean cosmetics? All are forms of importing goods from abroad through many different methods. If you are worried about where you want to sell products online, you can refer to this method.
This approach has some outstanding advantages as follows:
- Diverse products, always updated and refreshed
- There are many forms of transportation to Vietnam, many companies support cross-country shipping
- Low price, high profit potential
- Many people want to use goods from abroad
The explosion of foreign goods coming to Vietnam's trading market is undeniable. Therefore, this source can be a very modern solution to answer the question “If you want to sell online, where can you get the goods? However, you must be very careful about shipping and exchanging goods with the other party to avoid misunderstandings or errors.
Maybe you are interested:
- 4 ways to find the most reputable source of Chinese goods today
- Tell you how to find the source of business products Super easy business
- How to find sources of goods to sell online for beginners
2. Find sources of goods at wholesale markets
This is a traditional way but still very effective in today's online business model. Especially today, the commodity market at wholesale markets is always diverse and rich. For those who are just starting a business and don't know where they want to sell products online, this is also a quite safe suggestion.
You can go to any market such as wholesale markets across Vietnam to directly come into contact with products to choose the most satisfactory item. We will suggest you some famous wholesale markets:
- Dong Xuan market (Hanoi): The oldest market in Hanoi specializes in clothes and shoes in the mid-range price segment
- Ha Dong Market (Hanoi): Busy market with a variety of goods from consumer goods, household appliances to foods, vegetables and fruits. The market is only opened early in the morning for traders to pick up goods
- Quang Ba flower market (Hanoi): This is a famous flower market with many diverse types of flowers operating bustlingly 24/7, suitable for those who like to do online flower business.
- Thu Duc agricultural wholesale market (HCMC): Specializes in providing agricultural products imported from the Eastern, Central and Central Highlands provinces. It can be said that this is the largest wholesale market in Saigon for agricultural products
- Soai Kinh Lam Market (HCMC): The market is known as the oldest fabric trading place in Saigon. With diverse and abundant fabrics, even rare fabrics that are hard to find, Soai Kinh Lam will definitely satisfy any trader.
- An Dong Market (Ho Chi Minh City): the market is famous for two items: clothing and dry goods at affordable prices, is an extremely prestigious place and is in the top of the busiest wholesale markets in Saigon.
- Tan Binh Market (HCMC): Specializes in providing clothing items with affordable price segments. This is a solution for stores selling handicrafts or ready-made garments
With this method, sellers can go directly to the place where the goods are supplied to choose and evaluate according to the criteria they set. This is a very good way for you to be assured of the source of goods.
3. Find sources of goods at processing factories
Processing workshops are places where goods are directly produced. Taking goods from processing factories has the following advantages:
- Cost savings: no need to go through an intermediary, sellers and buyers can communicate directly with each other, helping to keep the price from being interfered with by a third party.
- Models can be requested: This is a great thing that the above two methods cannot do. By sourcing goods from processing factories, we can completely ask workers to follow a certain design, making the store's products unique and different from existing products on the market. You can control the quality during production
The biggest disadvantage of this approach is that you need to have a large amount of capital to connect with the factory, and at the same time ensure a stable output for the product to avoid inventory causing losses.
4. Find sources of goods at wholesale websites
This is an ideal source for those who want to do business in large quantities. Currently, on the market there are a number of wholesale websites such as Cho Tot, Webgiasi,... that are highly appreciated by business owners. You don't need to worry too much about capital because most of the items in these places are extremely cheap compared to the general level. Selling these products will definitely help you earn a lot of profit. If you are still worried about where to buy products online, shopping websites are also good suggestions.
Conclude
So, huongdansudung We have shared with you the most effective ways to choose product sources for online trading. Hopefully you can apply this knowledge to choose a reputable place to pick up goods, suitable for the business model you are aiming for. If you want to sell online, where to get the goods is no longer an unanswerable concern. Wishing you success on your business path.
See more: Experience in shipping Chinese goods to Vietnam from az
