SaleHoo UK: Best Wholesale Suppliers for Authentic Brand Name Products
August 09, 2007 (PRLEAP.COM) Business News
UK sellers are now able to find authentic brand name suppliers close to home, avoiding the shipping costs, VAT and import duties that reduce profit margins. SaleHoo UK provides easy access to wholesale suppliers selling a wide range of authentic brand name products including Dolce & Gabbana, Gucci, Nike Air Jordan, Canon, Sony, Diesel, Christian Dior, Apple, Abercrombie, Prada and many more. Designer brands are in high demand on the internet, making them an attractive proposition for eBay sellers and website owners. Collectively, designer labels make up a huge proportion of searches on both the internet and eBay. Each month, over 200,000 people search for Gucci and related products, while Apple consistently remains in the top 10 searches on eBay.
While there are a number of excellent US suppliers for authentic brand name products, the cost of getting them shipped to the UK makes it almost impossible for UK sellers to profit. Simon Slade, SaleHoo's Marketing Manager, says that duties are particularly high on popular items to sell such as clothing and footwear. "And while you can claim back VAT at the end of the year if you are VAT registered, it eases cash flow if you can purchase from UK suppliers," he says.
SaleHoo UK also eliminates the very prevalent risk that sellers will mistakenly purchase brand name fakes or copies from fraudulent suppliers. Thompson says many new sellers lose money this way and sometimes the financial blow is enough to deter them from what is otherwise a great way to make money.
SaleHoo highlights the fact that genuine designer products should have accompanying official documentation. If the supplier doesn't provide any, SaleHoo says this is a sure sign something is wrong.
SaleHoo meticulously researches and verifies all suppliers before they can be included in the directory. All suppliers are reviewed thoroughly by SaleHoo, by independent eBay powersellers, and by SaleHoo members as they use them. This three-tiered system ensures that standards are maintained over time. According to Thompson, even suppliers who get bad reviews are left in the directory in order to alert other members.
Slade says that designer brands are a great product to sell online, but people do need to be prepared to pay for the privilege. "It's a common misconception that you can get a designer brand for $30 wholesale. The wholesale price for genuine designer products is generally 20%-30% below the retail price. Anything significantly lower is likely to be fake," he advises.
SaleHoo UK contains UK wholesalers stocking authentic brand name clothing, accessories, sunglasses, footwear, jewelry, lingerie and handbags. Find out how to access SaleHoo UK today.