Having a successful E-Commerce business starts with finding the right product.
Inside this blog, I am going to show you how to find quality suppliers and manufacturers to private label a product online.
A privateproduct is one that a retailer gets produced by a third-party but sells under its own brand name.
Private labeling is a great way to build a brand and stand out from the competition.
If you're ready to build an E-Commerce business that makes you money while you sleep, you'll want to read this…
Watch the video below:
(Click here to watch on YouTube)
Are you ready to privatea product and build a successful E-Commerce business? CLICK HERE to find high-quality suppliers on Alibaba!
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This is how to start a private label E-Commerce business.
The private labeling process is simple. Simply put, it involves finding a supplier who is already making a product that you want to sell online. That's the great thing about private labeling… you don't have to invent something new.
All you need to do is buy a product from a manufacturer, put your logo on it, and sell it online. At this point, you own the rights to the product. This means that you can customize, package, and design your product however you would like. All of a sudden, you've got a product that you can sell anywhere around the world and make money from it.
The best way to find high-quality suppliers and manufacturers online is through a website called Alibaba.com. This is one of the leading global B2B trading E-Commerce marketplaces. Their platform connects buyers from over 190+ countries to millions of suppliers in the world.
Inside this blog, I am going to show you how to do product research on Alibaba.com. I will give you an example of a product that you would find on their website. More importantly, I will tell you what to look for, how to reach out to suppliers, and some key questions that you should ask them.
Watch the video above where I share my computer screen and walk you through an in-depth process of how to find suppliers on Alibaba.com!
If you don't yet have a product idea, you can browse the various categories on their website to find potential products. This is what will allow you to determine if there is a market for the product that you're interested in selling.
Let's say that you're interested in boxing. All you would do is click on the category and you will see all of the different products that are available in that category, like mouthguards, a boxing robe, or boxing gloves. You can just browse the website and get ideas for potential products that you could sell online.
Alternatively, let's say that you already have a product idea and you want to find a manufacturer. You can simply type in the product name in the Alibaba search bar. An example of a product is an ab roller. If you type that product name into the search bar, you will see a lot of different suppliers who are manufacturing it (4,400 results to be exact).
One thing that I really love about Alibaba is that every supplier on their website has a different design and style of product. You may be wondering, “Why aren't these suppliers selling these products on their own E-Commerce website?”
They aren't interested in that business. Rather, they specialize in manufacturing. They would much rather source their products to different companies or people like you who can sell products, build a brand, and do the marketing. Suppliers only want to focus on business to business.
Hence, you don't have to worry about them ever competing with you. Before you sift through 4,400 products, there are a variety of features that I suggest you take advantage of which you can find by filtering your options.
Alibaba.com Features
One of the most important filter options is the Verified Supplier feature. This will ensure that you get the highest quality suppliers on Alibaba. A verified supplier is someone who has passed on-site verification by top global third-party inspection companies, such as SGS and Intertek.
Also, they give you access to verified videos which means that you can see a supplier's facilities. When you're sourcing from different countries around the world it's good to make sure that a facility is high-quality.
Lastly, with the Verified Supplier feature, you get access to a supplier's detailed inspection report downloads. This is helpful to get some additional information about the supplier inspection process.
This is a service that ensures that the payments that you make through Alibaba.com are safe. In the event that you're not happy with the terms that you and your supplier agreed upon in your Trade Assurance order, Alibaba will get your money back for you. In addition, they will offer their assistance in reaching an outcome that best serves you.
3. Supplier Online Performance Index (SOPI)
This is a data-driven index that presents suppliers’ business performance on Alibaba.com. Their performance is graded based on presentation quality, product popularity, transaction volume, and service quality. It's classified into six levels – 0 to 5, with 5 being the highest level.
Questions To Ask Suppliers
Before you decide to work with a supplier, it's critical that you ask a variety of questions to determine their credibility and trustworthiness. Ask the following questions when you reach out to 3-5 potential suppliers whom you are interested in.
- What is the minimum order quantity?
- Can you send me a sample to review?
- What are your product customization options?
- How much does it cost to ship the product?
- Are there product customization options?
- What is the size and weight of the product?
- What is your lead time?
*** Keep in mind that, typically lead times are around 25-30 days upon confirmation of a new order. However, suppliers are busier during different times of the year. The busiest times are usually Chinese New Year and Christmas.***
This is how to find quality suppliers to privatea product to sell online.
The world is becoming more and more digital. This means that it's easier than ever before to start a private label E-Commerce business. Alibaba.com is the best place to find high-quality products to sell online.
If you have the desire to start an Amazon FBA physical products business, I encourage you to check out my FREE Amazon FBA training course to kickstart the process.
It's time to stop dreaming of what could be and start taking action to create what will be!
Are you ready to privatea product and build a successful E-Commerce business? CLICK HERE to find high-quality suppliers on Alibaba!