Sourcing From Overseas: How to Find Your Next Best-Seller & Get it Into FBA
This is a guest post from the Wish Wholesale team.
Sourcing products from overseas is one of the most cost-effective ways to get inventory for your FBA business, allowing you to source high-quality products at significantly lower prices than you would find domestically.
It’s also a great way to find unique products that aren’t necessarily available from local wholesalers, and that not every other seller will be competing for on Amazon.
That said, finding the right products for your business and the right international supplier can be one of the most challenging and time-consuming tasks you take on.
With so many wholesale sites out there, how does a business choose the right overseas supplier to get inventory from? And once you purchase inventory from overseas, how do you get your items prepped and into FBA (Fulfillment by Amazon)?
It can get complicated fast, but putting a simple strategy in place will help you get started.
Keep reading to learn how to source high-quality, best-selling products from trusted overseas suppliers and get them directly into FBA.
1) Find a winning product
The competition on Amazon is fierce, so it’s important to find high-quality, unique products that your competitors won’t be able to easily find for less elsewhere. One of the best ways to find niche products that will sell well for your business is using Wish Wholesale, a U.S. based wholesale platform with thousands best-selling products.
They’re backed by Wish, which has been the #1 most downloaded shopping app for the past 3 years and is the destination for affordable and entertaining mobile shopping experiences. With over 250,000 active daily shoppers and over 500 million registered users, Wish ships over 2 million orders from overseas daily.
Wish Wholesale uses the sales data from these millions of customers to identify the products that have been trending over the past year. Business customers are then able to purchase these items in bulk and at discounted wholesale rates.
All Wish Wholesale products are best-sellers rated 4 out of 5 stars or better by thousands of past customers on the Wish shopping app. Sourcing your inventory with Wish Wholesale will save you hours of time on research and take a lot of the risk and guesswork out of the equation.
They offer a curated selection of 3,500 products across more than 55 categories and provide personalized product recommendations like what’s currently trending, new arrivals, seasonal favorites, and more. Their wholesale site makes it really easy to find high-quality products that are already proven best-sellers on Wish.
Once you’ve identified the product(s) you want to sell, the next step is to connect with a supplier who can manufacture your items.
2) Find an overseas supplier
There are pros and cons to sourcing from overseas. It’s typically much more cost-effective, allowing you to get higher profit margins on your sales. You’ll also be able to find unique products that aren’t available from local suppliers, giving you an edge on the competition.
On the other hand, when you’re sourcing internationally, you have to consider factors like longer shipping times and less visibility into the manufacturing process due to the long physical distance.
If you work with Wish Wholesale for your international inventory sourcing, their team of Sourcing Experts will work with you to find the products you’re looking for and connect you with a trusted supplier in their network.
They’ll work directly with you and the supplier throughout the sourcing process to ensure you get exactly what you’re looking for from a reliable supplier. They’ll also help handle any shipping and logistics arrangements and shipping is totally free as long as you place an order of $50 or more.
3) Get products ready for resale
Once you’ve successfully chosen and sourced your next best-selling product, you need to ship those items to the U.S. and get ready to sell on your chosen channels. If you’re selling on Amazon, you’ll likely want to get your products prepped for resale and into FBA for fulfillment.
Amazon FBA is a great option for fulfillment since Amazon handles the shipping and logistics once your items are in FBA. Shipping with FBA also ensures that your customers get their orders quickly with Prime shipping – a major competitive advantage.
However, there are some challenges that come with FBA. For example, managing your other fulfillment channels if you’re a multi-channel seller, and correctly prepping your products before they’re sent to FBA.
Using an FBA prep service can make it a completely hands-off process, allowing you to focus on growing your business. Simply ship your pallet of wholesale products directly to their warehouses and let them take it from there.
They’ll prep, package, and ship your products, and can even handle more complex requests like bundling and kitting products if you’re running a subscription service.
4) Continue to Grow a Thriving Business
Now that you know where to source top-selling products internationally and how to get them directly into FBA, you can focus on continuing to grow your business. Anyone can sell products, but what really differentiates a business from the competition are the other key factors like great marketing and excellent customer service. Freeing up your time to focus on these areas will give you that extra boost and really take your business to the next level.