5 Steps – Creating a Strategic Procurement Process
5 Ways For Resellers To Spot Category and Product Trends
- Reselling is a business opportunity with advantages for both established companies
and entrepreneurs. - Today you can shop globally for wholesale products on online marketplaces, to resell to MENA companies (B2B) or consumers (B2C).
- The key to a reseller’s success lies in ordering the right products at the right time.
- Online and off, there are smart ways to identify tomorrow’s in-demand products today.
- Master them and you can run a successful reselling business, even in unpredictable times.
Reselling: A great business model for the risk-averse
Reselling is a business opportunity with advantages for both established companies and new entrepreneurial ventures. You don’t have to invest in a large product inventory upfront, if you operate via a convenient dropshipping model, in which you process product orders from customers but liaise with a wholesaler or manufacturer that fulfills the orders and ships the actual products to customers.
In this model, because you are not responsible for physically stocking products yourself, you don’t need to worry about any storefront or warehousing overhead costs. You can launch your reselling business quite quickly, with an easy to build e-commerce website.
Being a reseller allows you to do what you do best – serve and support customers – while the wholesalers or manufacturers you partner with take care of the inventory and logistics side of business. As a reseller, generating a profit is relatively easy compared to many business models, because you can set your own price mark-up on products.
Today, resellers have more buying power than they did traditionally, because they are no longer confined to sourcing products from a small group of suppliers based in their city or region. They can search an established online marketplace and order products from multiple vetted wholesale suppliers based around the world, sourcing quality products at the best possible price – some suppliers may operate in countries with lower production costs, or countries with interest rates favourable to your currency.
Online marketplaces like Tradeling can often assist both sellers and buyers with the logistics involved with dropshipping, like warehouse storage and last-mile delivery. They can also assist you with reselling suppliers’ products under your own brand, on the marketplace itself, in white label form.
To become a reseller, you must;
1. Obtain a trade license from your country’s respective authority – in Dubai for instance, that would be the Department of Dubai Economic Development.
2. You would also need to apply for an import license if you intend on sourcing products from another country.
3. Established online marketplace can provide assistance.
Before you start ordering and selling products it’s a good idea to define your niche, so that you won’t confuse customers by trying to sell everything to everyone. Defining your niche – for example hardware and software; office supplies; furniture and décor or apparel – is a good way to build customer loyalty in that niche, and it will make it easier for you to stay on top of shifting market trends, because you won’t have to monitor every market sector, just one.
That’s important, because the key to reselling success lies in knowing which products to order when, so that you can stay ahead of wholesalers’ price increases, order while there are still enough items in stock, and market popular products to buyers before your competitors do. .
Being a leader in the reselling business means having a finger on the pulse of market trends, as well as an overview of the wider market dynamics – societal, economical, technological – that may influence them. We cover some tools and resources to help you stay ahead of emerging market trends.
137 Comments
Very interesting details you have observed, regards for putting up.Blog monry
Thanks for the postReally thank you! Want more
I’m still learning from you, but I’m trying to achieve my goals. I absolutely love reading all that is written on your blog.Keep the information coming. I liked it!
That is the correct blog for anybody who wants to search out out about this topic. You notice a lot its almost arduous to argue with you (not that I truly would need…HaHa). You positively put a new spin on a topic thats been written about for years. Nice stuff, simply great!
What i don’t understood is in reality how you are no longer really a lot more well-preferred than you may be right now. You’re very intelligent. You understand therefore considerably in terms of this topic, made me individually consider it from numerous numerous angles. Its like women and men don’t seem to be interested until it is one thing to do with Woman gaga! Your personal stuffs outstanding. At all times deal with it up!
You have observed very interesting details! ps decent web site.
What’s Happening i’m new to this, I stumbled upon this I have found It absolutely helpful and it has helped me out loads. I hope to contribute & assist other users like its aided me. Great job.
Wow, superb blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your website is fantastic, let alone the content!
Rattling wonderful information can be found on web site.
You got a very superb website, Sword lily I discovered it through yahoo.
I am now not positive where you’re getting your information, but great topic. I must spend some time studying much more or understanding more. Thank you for fantastic info I used to be searching for this info for my mission.
Valuable information. Lucky me I found your site by accident, and I am shocked why this accident did not happened earlier! I bookmarked it.
My spouse and I stumbled over here by a different website and thought I should check things out. I like what I see so now i’m following you. Look forward to checking out your web page repeatedly.
Thank you for another informative website. The place else may I get that type of info written in such a perfect approach? I have a mission that I am just now operating on, and I’ve been on the glance out for such information.
Great V I should definitely pronounce, impressed with your web site. I had no trouble navigating through all tabs and related info ended up being truly easy to do to access. I recently found what I hoped for before you know it at all. Reasonably unusual. Is likely to appreciate it for those who add forums or something, site theme . a tones way for your client to communicate. Nice task..
I do agree with all the ideas you’ve presented in your post. They are very convincing and will definitely work. Still, the posts are too short for newbies. Could you please extend them a bit from next time? Thanks for the post.
Good day very cool web site!! Guy .. Excellent .. Wonderful .. I will bookmark your site and take the feeds additionally…I’m satisfied to search out a lot of helpful information here within the post, we need develop more strategies on this regard, thank you for sharing. . . . . .
I got good info from your blog
Thanks for helping out, fantastic information.
Hey There. I discovered your blog the use of msn. That is a really well written article. I will be sure to bookmark it and return to read extra of your helpful info. Thanks for the post. I will certainly return.
What¦s Happening i am new to this, I stumbled upon this I’ve found It absolutely helpful and it has aided me out loads. I’m hoping to give a contribution & assist different customers like its helped me. Good job.
Wow! Thank you! I permanently needed to write on my site something like that. Can I include a fragment of your post to my website?
I enjoy the efforts you have put in this, thank you for all the great content.
What i don’t realize is if truth be told how you’re now not really much more smartly-favored than you may be right now. You are very intelligent. You know thus significantly on the subject of this subject, made me in my opinion consider it from so many varied angles. Its like women and men aren’t fascinated except it is one thing to accomplish with Girl gaga! Your own stuffs outstanding. At all times handle it up!
Very interesting information!Perfect just what I was looking for!
Great website! I am loving it!! Will come back again. I am taking your feeds also.
Some truly interesting details you have written.Assisted me a lot, just what I was searching for : D.
Valuable info. Lucky me I found your web site by accident, and I am shocked why this accident did not happened earlier! I bookmarked it.
After study a few of the blog posts on your website now, and I truly like your way of blogging. I bookmarked it to my bookmark website list and will be checking back soon. Pls check out my web site as well and let me know what you think.
Regards for all your efforts that you have put in this. very interesting information.
You can certainly see your enthusiasm in the work you write. The arena hopes for even more passionate writers such as you who are not afraid to say how they believe. All the time go after your heart.
It’s actually a cool and useful piece of info. I am glad that you shared this useful info with us. Please keep us up to date like this. Thanks for sharing.
My wife and i felt absolutely satisfied when Chris could finish up his researching because of the precious recommendations he obtained from your own blog. It’s not at all simplistic just to choose to be handing out solutions that many some people might have been making money from. And now we grasp we have got the blog owner to thank because of that. All the explanations you made, the straightforward website menu, the friendships you aid to promote – it is many terrific, and it’s facilitating our son in addition to our family understand that article is thrilling, which is certainly truly indispensable. Thanks for everything!
Howdy! I could have sworn I’ve been to this blog before but after reading through some of the post I realized it’s new to me. Anyhow, I’m definitely delighted I found it and I’ll be book-marking and checking back often!
It’s truly a great and helpful piece of information. I am glad that you shared this useful info with us. Please stay us up to date like this. Thanks for sharing.
Hiya, I’m really glad I have found this information. Nowadays bloggers publish just about gossips and internet and this is really irritating. A good website with interesting content, this is what I need. Thank you for keeping this website, I will be visiting it. Do you do newsletters? Cant find it.
Nice read, I just passed this onto a friend who was doing a little research on that. And he actually bought me lunch since I found it for him smile Thus let me rephrase that: Thanks for lunch!
The core of your writing whilst appearing reasonable originally, did not work very well with me after some time. Somewhere throughout the paragraphs you actually were able to make me a believer unfortunately just for a while. I nevertheless have a problem with your jumps in assumptions and one might do nicely to fill in those gaps. In the event you can accomplish that, I could undoubtedly end up being fascinated.
As I web-site possessor I believe the content material here is rattling great , appreciate it for your efforts. You should keep it up forever! Best of luck.
I definitely wanted to jot down a simple remark to thank you for these awesome steps you are writing at this website. My incredibly long internet investigation has now been honored with good quality details to exchange with my family members. I would assert that many of us website visitors are extremely lucky to exist in a decent website with very many awesome professionals with great suggestions. I feel pretty happy to have seen your weblog and look forward to plenty of more amazing times reading here. Thanks a lot once again for everything.
I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You’ve made my day! Thx again
Hi there! Would you mind if I share your blog with my zynga group? There’s a lot of people that I think would really appreciate your content. Please let me know. Thanks
Woh I love your content, saved to fav! .
I am often to blogging and i really appreciate your content. The article has really peaks my interest. I am going to bookmark your site and keep checking for new information.
I think other website proprietors should take this site as an model, very clean and wonderful user friendly style and design, as well as the content. You’re an expert in this topic!
I’d should verify with you here. Which is not something I normally do! I enjoy reading a submit that may make people think. Also, thanks for permitting me to remark!
I appreciate, cause I found just what I was looking for. You’ve ended my 4 day long hunt! God Bless you man. Have a great day. Bye
I am continuously invstigating online for articles that can facilitate me. Thx!
I like this website because so much utile stuff on here : D.
I will immediately grab your rss feed as I can not find your email subscription link or e-newsletter service. Do you’ve any? Kindly let me know in order that I could subscribe. Thanks.
Very interesting info !Perfect just what I was searching for! “It is our choices…that show what we truly are, far more than our abilities.” by J. K. Rowling.
Awsome article and straight to the point. I am not sure if this is in fact the best place to ask but do you people have any thoughts on where to employ some professional writers? Thx 🙂
I will immediately seize your rss feed as I can not find your e-mail subscription link or e-newsletter service. Do you’ve any? Please permit me realize in order that I could subscribe. Thanks.
Thank you for the sensible critique. Me and my neighbor were just preparing to do some research on this. We got a grab a book from our area library but I think I learned more from this post. I am very glad to see such great information being shared freely out there.
Aw, this was a very nice post. In concept I would like to put in writing like this additionally – taking time and precise effort to make a very good article… but what can I say… I procrastinate alot and under no circumstances appear to get one thing done.
Excellent post. I used to be checking continuously this blog and I am impressed! Very helpful information specially the final phase 🙂 I deal with such info much. I used to be looking for this particular info for a long time. Thank you and good luck.
I am really enjoying the theme/design of your website. Do you ever run into any web browser compatibility problems? A handful of my blog visitors have complained about my site not operating correctly in Explorer but looks great in Safari. Do you have any ideas to help fix this problem?
Some genuinely nice stuff on this website , I like it.
I have been exploring for a little bit for any high-quality articles or weblog posts in this kind of house . Exploring in Yahoo I at last stumbled upon this site. Studying this information So i¦m satisfied to convey that I’ve a very good uncanny feeling I came upon exactly what I needed. I such a lot unquestionably will make certain to don¦t forget this website and give it a look regularly.
I’ll right away snatch your rss as I can’t in finding your email subscription hyperlink or newsletter service. Do you have any? Kindly let me recognise so that I may subscribe. Thanks.
Great line up. We will be linking to this great article on our site. Keep up the good writing.
I adore foregathering useful information , this post has got me even more info! .
I’ve recently started a web site, the info you provide on this web site has helped me tremendously. Thanks for all of your time & work. “A physicist is an atom’s way of knowing about atoms.” by George Wald.
Everything is very open and very clear explanation of issues. was truly information. Your website is very useful. Thanks for sharing.
Some really terrific work on behalf of the owner of this site, utterly outstanding content material.
Wonderful work! This is the type of info that should be shared around the web. Shame on Google for not positioning this post higher! Come on over and visit my website . Thanks =)
I have not checked in here for a while since I thought it was getting boring, but the last few posts are good quality so I guess I will add you back to my daily bloglist. You deserve it my friend 🙂
I got what you intend,saved to my bookmarks, very nice web site.
Great write-up, I?¦m normal visitor of one?¦s website, maintain up the nice operate, and It is going to be a regular visitor for a lengthy time.
Dead written articles, Really enjoyed studying.
Thank you, I’ve recently been searching for information about this topic for ages and yours is the best I’ve discovered till now. But, what about the bottom line? Are you sure about the source?
Good write-up, I am normal visitor of one’s website, maintain up the excellent operate, and It is going to be a regular visitor for a long time.
Great post. I am facing a couple of these problems.
I really like your writing style, superb info, regards for putting up :D. “Freedom is the emancipation from the arbitrary rule of other men.” by Mortimer Adler.
Very interesting info!Perfect just what I was looking for!
I have been absent for a while, but now I remember why I used to love this blog. Thank you, I will try and check back more frequently. How frequently you update your site?
You can certainly see your enthusiasm in the work you write. The sector hopes for more passionate writers such as you who aren’t afraid to mention how they believe. All the time go after your heart.
Great goods from you, man. I’ve understand your stuff previous to and you are just too great. I actually like what you have acquired here, certainly like what you are stating and the way in which you say it. You make it enjoyable and you still care for to keep it wise. I cant wait to read much more from you. This is actually a wonderful site.
Thankyou for this post, I am a big big fan of this site would like to go on updated.
Thanks – Enjoyed this update, how can I make is so that I get an alert email whenever you publish a fresh post?
Hello.This post was extremely motivating, especially since I was browsing for thoughts on this issue last Friday.
You are my aspiration, I own few web logs and sometimes run out from post :). “Never mistake motion for action.” by Ernest Hemingway.
Hey there! Do you know if they make any plugins to assist with SEO? I’m trying to get my blog to rank for some targeted keywords but I’m not seeing very good gains. If you know of any please share. Thanks!
I like what you guys are up too. Such smart work and reporting! Carry on the superb works guys I have incorporated you guys to my blogroll. I think it’ll improve the value of my site 🙂
Wow! Thank you! I always wanted to write on my site something like that. Can I take a portion of your post to my website?
magnificent points altogether, you just won a logo new reader. What could you suggest in regards to your publish that you made a few days ago? Any positive?
Some really nice and utilitarian info on this site, besides I conceive the style contains excellent features.
Some really nice stuff on this site, I enjoy it.
Greetings! I know this is kind of off topic but I was wondering if you knew where I could find a captcha plugin for my comment form? I’m using the same blog platform as yours and I’m having difficulty finding one? Thanks a lot!
Good info. Lucky me I reach on your website by accident, I bookmarked it.
Hey there! I’ve been following your site for a while now and finally got the courage to go ahead and give you a shout out from New Caney Tx! Just wanted to say keep up the fantastic job!
Hi my family member! I want to say that this article is awesome, nice written and include approximately all important infos. I’d like to see more posts like this.
I really like your writing style, good info , thankyou for posting : D.
Valuable information. Lucky me I found your web site by accident, and I am surprised why this accident didn’t happened earlier! I bookmarked it.
Great line up. We will be linking to this great article on our site. Keep up the good writing.
Definitely, what a splendid website and instructive posts, I definitely will bookmark your site.All the Best!
Do you have a spam problem on this website; I also am a blogger, and I was curious about your situation; we have developed some nice methods and we are looking to trade techniques with others, be sure to shoot me an email if interested.
An interesting dialogue is price comment. I believe that it is best to write extra on this subject, it may not be a taboo subject however generally people are not enough to speak on such topics. To the next. Cheers
You actually make it seem really easy with your presentation however I to find this matter to be really something that I believe I might never understand. It kind of feels too complicated and very broad for me. I’m looking forward to your subsequent post, I?¦ll attempt to get the cling of it!
I have recently started a site, the info you provide on this website has helped me tremendously. Thank you for all of your time & work. “The inner fire is the most important thing mankind possesses.” by Edith Sodergran.
magnificent issues altogether, you just received a brand new reader. What could you recommend about your publish that you just made a few days ago? Any certain?
Hello! Do you know if they make any plugins to safeguard against hackers? I’m kinda paranoid about losing everything I’ve worked hard on. Any recommendations?
Thanks , I have just been searching for info about this subject for a long time and yours is the best I have found out so far. But, what in regards to the conclusion? Are you sure in regards to the source?
I like this blog so much, bookmarked.
I’ve been absent for some time, but now I remember why I used to love this site. Thank you, I’ll try and check back more frequently. How frequently you update your website?
Great wordpress blog here.. It’s hard to find quality writing like yours these days. I really appreciate people like you! take care
Together with the whole thing that appears to be developing throughout this subject material, many of your opinions are generally somewhat refreshing. On the other hand, I beg your pardon, but I can not subscribe to your whole theory, all be it radical none the less. It would seem to everybody that your commentary are not totally rationalized and in fact you are generally your self not really totally confident of the argument. In any case I did take pleasure in reading it.
Great blog! I am loving it!! Will be back later to read some more. I am taking your feeds also
I am forever thought about this, thanks for posting.
I enjoy your writing style really loving this site.
Some really nice and utilitarian info on this website , as well I conceive the design contains excellent features.
Some really nice stuff on this website , I love it.
Your house is valueble for me. Thanks!…
I read this piece of writing fully regarding the resemblance of
newest and preceding technologies, it’s awesome
article.
Heya! I just wanted to ask if you ever have any issues with hackers? My last blog (wordpress) was hacked and I ended up losing months of hard work due to no backup. Do you have any solutions to protect against hackers?
What i don’t understood is in fact how you’re no longer actually much more smartly-liked than you might be right now. You are so intelligent. You already know thus considerably when it comes to this matter, produced me in my opinion imagine it from a lot of varied angles. Its like women and men aren’t interested unless it’s one thing to accomplish with Lady gaga! Your personal stuffs excellent. All the time care for it up!
I see something really special in this web site.
Wonderful beat ! I would like to apprentice while you amend your web site, how can i subscribe for a blog web site? The account helped me a appropriate deal. I have been a little bit familiar of this your broadcast provided bright clear idea
very nice submit, i definitely love this website, keep on it
Currently it sounds like Expression Engine is the top blogging platform available right now.
(from what I’ve read) Is that what you’re using on your blog?
There are actually lots of particulars like that to take into consideration. That may be a great point to carry up. I provide the thoughts above as basic inspiration but clearly there are questions just like the one you convey up the place a very powerful factor can be working in sincere good faith. I don?t know if finest practices have emerged round issues like that, but I’m certain that your job is clearly identified as a fair game. Both girls and boys really feel the affect of only a moment’s pleasure, for the rest of their lives.
We’re a group of volunteers and opening a new scheme in our community. Your web site offered us with valuable information to work on. You’ve done a formidable job and our entire community will be grateful to you.
I’m truly enjoying the design and layout of your site. It’s a very easy on the eyes which makes it much more pleasant for me to come here and visit more often. Did you hire out a designer to create your theme? Great work!
Hi my family member! I want to say that this article is amazing, great written and come with almost all important infos. I would like to look extra posts like this .
whoah this weblog is excellent i love reading your articles. Stay up the good work! You know, a lot of people are looking round for this information, you can aid them greatly.
Appreciate it for this terrific post, I am glad I found this website on yahoo.
Hi there! This post couldn’t be written any better! Reading through this post reminds me of my previous room mate! He always kept talking about this. I will forward this article to him. Pretty sure he will have a good read. Thank you for sharing!
Wow! This blog looks exactly like my old one! It’s on a completely different topic but it has pretty much the same layout and design. Outstanding choice of colors!
you could have an ideal blog here! would you prefer to make some invite posts on my weblog?
I would like to thnkx for the efforts you have put in writing this site. I’m hoping the same high-grade web site post from you in the upcoming also. Actually your creative writing abilities has inspired me to get my own site now. Really the blogging is spreading its wings fast. Your write up is a great example of it.
Glad to be one of many visitants on this awful site : D.
Amazingly written
Would love to always get updated outstanding weblog! .
I am impressed with this internet site, real I am a fan.
Excellent site. A lot of useful info here. I am sending it to some friends ans also sharing in delicious. And naturally, thanks for your sweat!
Lovely blog! I am loving it!! Will be back later to read some more. I am bookmarking your feeds also.
I see something really special in this web site.