Selling DVDs online is a good business as DVDs are quite a popular item. There are plenty of DVD niches namely, games, movies in different genres, music, Children’s’ Educational DVDs, Workout DVDs, etc. If you’ve settled on the niche and decided to sell DVDs online, you’ll need to find a DVD wholesale supplier to source the item in bulk. Bulk purchases provide massive savings for the buyer which will in turn increase your profit margins. So, how to find best DVD wholesale supplier?
Before we begin to give you tips on how to find best DVD wholesale supply, there are a few important things that you should know about sourcing your DVDs.
Low Profit Margins
Online sale of DVDs generates a low profit margin. You might only make a couple of dollars on the sale of a single DVD. So, you have to aim to increase your profit margins by increasing sale volumes. To do that you can offer multi-purchase discounts or combined shipping. A slight increase in shipping costs (that you will be recovering from the buyer) will also increase your profits.
Beware of fakes
In your race to find best Music DVD Supplier, you might go for those supplying them at extremely low rates. Beware, the DVDs might be unlicensed or of inferior quality. Selling pirated, unlicensed, fake DVDs is counterproductive, as your buyers will not be happy and you will only lose their business and consequently, your profits.
Even the best DVD wholesale supplier might not be in a position to provide you with the latest releases. Latest releases are usually sold by the main distributor to large, nation-wide departmental stores, so it takes time reaching smaller DVD wholesale suppliers.
Selling DVDs online is a tough business that needs constant work at retaining your customers.
How to find best DVD Wholesale Supplies
No businessman will give up his own sources; to find best DVD wholesale supplier, you have to work for it.
• Your first option to find the best DVD wholesale supplier is to research online. Search engines like Google and Yahoo have directories that might help you find what you are looking for. Online phonebooks are another option.
• Check out websites selling DVDs online. You might just be able to negotiate a great deal for bulk purchases.
• Visit local DVD rental stores. They might want to offload their ex-rental DVDs which you could buy and later resell.
• Drop-shipper Educational DVD supplier are another way of sourcing DVDs. These are wholesalers who sell to you and you in turn sell the product to the end buyer.
In this system, the wholesaler will provide a brief description and pictures of the product (in this case, DVDs) without physically sending it to you. Once you sell the DVDs online, they ship the items directly to your customers after you receive payment.
Selling DVDs online will be a profitable business only if you find best DVD wholesale supplier to provide you the stock. Make sure that you have a reliable source of Music DVD Supplier to back up your online business.