How do I attract whole sellers?
I would like to know how I can attract customers to my business and have them pay upfront for the goods they buy, so I don't have to finance their business by giving them goods which they don't pay me for until 1-2 months have passed. I intend to expand with a loan, so I would have to pay back a bit monthly. Thanks.
This is very easy.
If you have a dropshipping website already AliExpress is a good choice.
You simply make the sale from your site and customer pays you direct, then after sale you would order from AliExpress. No money upfront.
You can get customers on social media platforms. A way to cut through looking for suppliers if you dont have a website yet is https://dropshippingincome.com. All of the suppliers are included along with social media marketing plan. I hope this helps.
Increasing Wholesale Sales
Use the following tips to create a buying experience that retailers can’t get enough of:
1. Offer specials that bring retailers better-than-wholesale prices
2. Provide outstanding customer service
3. Make ordering, delivery, and billing as seamless as possible
4. Streamline your operations
5. Offer discounts to customers who buy multiple product types
For detailed info, check here: https://www.tradegecko.com/blog/10-ways-to-increase-your-wholesale-sales
Attracting wholesaler is not difficult. You have to be an assertive communicator and not an aggressive on. To attract more wholesale customers, targeting keywords that are related to your niche is important. Try to identify the persona of your customers and avoid false advertisements of you product (be genuine). Sending samples of your products is one of the most commonly used strategies of manufacturing companies to help create the leads they need to purchase their items. Moreover, you can use best use of social media to expand your business or to attract customers.
This is direct B2B sales. I like what Chet Holmes has to say about this... first, list the top 100 (or top 10) wholesale relationships you want to have. Then, put a plan together to sell ONE. Replicate that for the rest. It's about knowing who you're talking to, what they need to hear, what their needs are, etc. Custom tailor a solution to fit them.
Don't force upfront payment. Offer discounts on upfront payments. Cover the discount value by either increasing the selling price of new products or reducing profit margin. Remember don't increase the selling price of goods you already sell to them as it would disclose your strategy to them and you will face a possible negative review.