Welcome to My SaleHoo Review?
Have you ever thought about starting your own business but worried about having tons of products in your basement?
If yes, then dropshipping might be for you!
This form of business model lets you earn by selling various kinds of products without buying the actual items. It’s helped people make money online but just like other business models, it’s not a one-size-fits-all.
Salehoo Review Summary
Founders: Simon Slade and Mark Ling
Product Type: Dropshipping Platform
Price: $1 For A 7-Day Trial Period + $67 For A Year Of Access + $127 For A Lifetime Access
Quick Summary: Salehoo is a dropshipping company that helps you sell branded and high-quality products without the need of having your inventory and physical storage. It claims to let you start a business with low investment and no overheads costs but how true are these claims?
Overall Rating: 4/10
Recommended: Yes..... And No
If you want to know how this works, I’ll be reviewing a program called SaleHoo -- a dropshipping company founded in 2005.
So far, it looks legit and stable but there are so many things to know first so let’s get started.
What Is SaleHoo About?
Salehoo is a New Zealand-based dropshipping company founded by Simon Slade and Mark Ling.
The idea began when Co-Founder Simon Slade's frustration of not having a wholesaler that can cater to new business.
Salehoo is now one of the biggest wholesale and dropshipping platforms worldwide. They are also one of the first companies that we're able to offer international directories to their retailer.
Being said, Salehoo now has more than 8,000 trusted drop shippers and suppliers worldwide. These companies have more than 1.6 Million branded and high-quality products that you can offer your customers. Salehoo has more than 137,000 paying members that use the platform to drop-ship the products purchased by their customers and to cater to their wholesale transactions.
If you’re looking for dropshipping-related opportunities, you can check the programs below:
Is SaleHoo A Scam?
No. Salehoo is not a scam. It has a membership when you want to use its platform. But compared to other widely known companies, they offer a quite lower membership fee.
You can use their platform to offer highly recognizable products by dropshipping or buying them in a large quantity as a wholesaler and selling them at a mark-up price.
Also, Salehoo offers training on how you can market the products available, provide you with reasonable marketing tools, and market research on products that have a high chance of profitability.
Take note that some suppliers might ask you for an application fee, but you will know about it beforehand.
SaleHoo Compensation Plan
Once you avail of its membership, you will be able to access all its products that you can offer for dropshipping.
The amount of profit margin, however, depends on products and niches so there’s no accurate way to determine how much money you’re going to make with SaleHoo.
If you’re interested in joining this platform, you have to know that as a regular business, patience, consistency, and time are important.
You cannot just magically earn cash here unless you really put effort into making it work.
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How Much To Join SaleHoo?
To be able to access over its 1.6 million recognizable brands worldwide, you have to avail its membership which is as follows:
$1 for a 7-day trial period
$67 for a year of access
$127 for a lifetime access
Quite cheaper than its competitors. Worldwide brands also offer the same with $299. However, you might want to take note that Worldwide brands have over 16 million brands available.
Also, Salehoo offers a 60-day money-back guarantee, should you wish to not continue using their service.
So, as a person who wants to try this kind of e-commerce business and who wants to just know how it feels being in this industry and not sure if this will fit you, this is a good deal.
You just have to send an email to [email protected] along with your receipt number to have your money returned to you.
When a company has these guarantees, it always makes me confident that these companies secure their credibility and make sure that the satisfaction of their clients is always on their top priorities.
Salehoo has more than 1.6 million products that you can offer globally, ranging from clothing, accessories, jewelry, health and beauty, electronics and gadgets, and even antiques!
You can be reassured that all their suppliers are trusted. This reduces the chances of you being scammed and that the products you will send to your customers are not fake or of low quality.
Also, you can check the supplier's details and information with just a glance. These details are:
Quality of goods
Customer service reviews
Where they ship to
How they ship their goods
This is one thing most people are concerned about when talking about products, especially if you are just starting up to grow your business. Good thing that Salehoo was able to construct reliable customer service support. You can easily contact them.
As I've mentioned, you can have your money back in 60 days, if you decide not to pursue this business. Just send them your request.
No Hidden Charges
You just have to avail your chosen membership plan.
Though some suppliers might ask you for an application fee, you can opt to look for others that do not have this kind of application. Also, these things you will know beforehand.
Low Minimum Orders
If you wish to be a wholesaler but have a limited storage area, you can just purchase your products on minimum orders.
Some even offer a zero minimum order, so if you are just starting up and have a limited initial budget, you might want to keep an eye out for these suppliers.
Since you are selling other people's products, it might be hard to build your own company's brand and identity. That's why a lot of sellers choose to sell on a third-party marketplace.
When a drop shipper or a wholesaler decides to purchase a product and sell it to a third-party marketplace. And since these third-party marketplaces usually charge some fees, these might not be great for your product profits, since it will lessen your profit margin.
Amount Of Products
Even though Salehoo offers over 1.6 million kinds of recognizable brands, it is incomparable to 16 million brands that are offered by its competitor, Worldwide Brands.
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Who Is It For?
Salehoo is for people who want to have an e-commerce business that you can just operate with just a laptop or a mobile phone and internet.
If you will be a drop shipper, you won't need physical storage and won't need to hire people to do the inventory for you.
When a customer places an order, you can simply ask your supplier to send it to your customer.
If you opt to be a wholesaler, you might consider having a storage of your own since you might need to stock up some products.
This way you can cater to your customers who might need a larger quantity of their needed products. Or if you want to sell it at your price.
Lastly, if you want to start your own business and have it handy and not-so-pricey. You might want to check Salehoo as it offers a lot more than its membership fee.
As you start to make your way into your e-commerce business.
Vital training and good support are much needed to emerge in this business.
Salehoo has 50 step-by-step guides and videos.
And as they knew that a lot of their members will be selling on a marketplace like eBay and Amazon, they also offered some guides on how you can sell on these platforms.
Salehoo also has excellent and accommodating customer support. Their support is available via live chat, via telephone, and email, Monday to Friday between 5:30 p.m. to 1:30 a.m. Eastern Standard Time. They also offer very quick support through their Facebook and Twitter accounts.
Another thing that they might want to extend support is to check for products that aren't listed. This kind of support is already offered by their competitor. Worldwide brands.
Lastly, Salehoo has online open forums where sellers offer advice about their selling tactics, latest trends, and some suggestions from suppliers too!
Overall, Salehoo is a great platform if you want to start your dropshipping or wholesaling business.
If you do not have physical storage or a warehouse where you can put your products, you might want to start by drop shipping while slowly building your e-commerce business online.
Salehoo offers wide-ranged products from its trusted suppliers that you can offer to your customers.
Its training and support might be a great way to start your business.
Also, take note that it offers a money-back guarantee.
So you might as well want to check what it can do for you.
If you’re looking for an option to make money without selling tangible products, I suggest that you take a look at our #1 recommended program.
It’s helped us earn an income online without hard-selling plus, it comes with amazing benefits you should not miss:
- One-on-one coaching
- Comprehensive guide
- The best business tools and support you need
- Webinars and training resources
- And many more!
- Looking forward to working with you!
If you have questions or concerns, just let me know in the comment box below.