In this 2017 SaleHoo Review + how to use SaleHoo to make money dropshipping on Amazon
►► Get SaleHoo: http://wholesaleted.com/go/salehoo
►► Free $10,000/month ebook: http://wholesaleted.com/4-step
Amazon profit calculator referenced in this SaleHoo review: http://wholesaleted.com/go/amazoncalculator
Get Jungle Scout: http://wholesaleted.com/go/junglescout
Tax video: https://www.youtube.com/watch?v=8MQFY9XI-ag
Here are our other SaleHoo video tutorials (please note, these are older SaleHoo interfaces):
Question #1 in our SaleHoo review: What is SaleHoo?
Answer: SaleHoo is a wholesale supplier directory list. It contains over 8,000+ suppliers including dropshippers, wholesalers, manufacturers and liquidators.
Question #2 in our SaleHoo review: Is SaleHoo the right supplier directory for me?
Answer: We recommend SaleHoo specifically if you are looking for USA-based dropshippers. That is because there is no free directory comparable to Alibaba, the supplier directory you should use if you want to find Chinese suppliers.
We don’t recommend SaleHoo if you are looking for suppliers based in other countries (such as the UK) simply because very few dropshippers exist in countries outside of USA & China, as those two countries by far manufacture the most goods.
Question #3 in our SaleHoo review: Are all of the suppliers going to be profitable?
Answer: No, not all suppliers are priced low enough to make money on Amazon with dropshipping, and not all of the items in a suppliers catalog are going to be low-cost, high-profit. You’ll still need to go through and identify those items yourself.
Question #4 in our SaleHoo review: Which is better, SaleHoo vs. Worldwide Brands?
Answer: We strongly recommend SaleHoo over Worldwide Brands as it is cheaper and has more dropshippers/suppliers.
Question #5 in our SaleHoo review: What about the extras (such as the market research lab)?
Answer: We personally don’t care about extras like the market research lab, the SaleHoo forums and bonus ebooks. We care only about the quality of the suppliers. And we believe that the quality is great.
To prove that, follow our simple 3-step tutorial for finding items priced so low you can resell them on Amazon for a profit.
Step #1 for making money dropshipping on Amazon with SaleHoo: Filter SaleHoo’s suppliers to only show USA-based dropshippers
Sign into your account, and open the SaleHoo supplier directory. All of the suppliers have been categorized by the types of items that they sell. Start by selecting a category. It doesn’t matter which category, as ideally you will go through all of the categories eventually. To start, I recommend selecting a category that interests you.
Once you open the category, on the left side of the screen you’ll see search filters. Start by selecting the drop down menu under “Supplier Type.” From here, click “Dropshippers.” SaleHoo will now filter the results to only show dropshippers.
Next, click the drop down menu under “Supplier Location.” From here, click “North America.” Now SaleHoo will filter its results to only show dropshippers that are based in North America.
Step #2 for making money dropshipping on Amazon with SaleHoo: Look for profitable items in a supplier’s catalog
For this step, you will open up each supplier you found in step #1 and find their catalog of items that they are selling. Sometimes these may be listed on their website, sometimes you may need to open an account with them, and sometimes you may need to request a copy of their catalog.
When you do open their catalog, look at each item, and then do a search for similar items on Amazon.com. Look for the closest lowest cost counterpart. Compare the prices of the item from the supplier to it’s lowest cost counterpart on Amazon.
If the supplier has an item priced lower, we recommend using Jungle Scout to confirm if the item is making at least 1 sale a month. If it is, make a note of it. Keep going through the catalog until you’ve gone through all of the items and you have a list of potential ones – we will then go through these next in step 3.
Step #3 for making money dropshipping on Amazon with SaleHoo: Work out your profit margins
We now need to work out our profit margins after Amazon.com’s fees. To do that, use this calculator: http://wholesaleted.com/go/amazon-calculator
Keep in mind that if you have a Amazon pro merchant account, then you will have lower fees. You can get a free 30-day trial for an Amazon pro merchant subscription.
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