7 Strategies to Become a Successful Reseller

Reseller is a method of selling a business by promoting goods from one of the suppliers. Reselling can be done online or offline (conventional). However, to reach more potential clients, it would be better if it was done online.

The way the reseller business method works are that a reseller buys an item from a supplier (distributor), and resells the item for a profit.

The supplier will sell at a lower price than the market price. So that resellers can benefit by reselling the goods at market prices.

For example, a supplier sells a mobile phone at N50,000, while the market price is N75,000. So that the reseller will get a profit of N25,000 after reselling it on the market. But it can be more or less too, depending on the selling price marketed by resellers in the market.

To become a successful reseller, follow these 7 strategies:

{jistoc} $title={Table of Contents}

1. Choose the Right Product

The first step you need to do before becoming a reseller is to choose the type of product you want to sell. To choose the right product, it would be nice if you become a reseller of products that match your hobbies.

That way, you already have knowledge about the product. Because becoming a reseller also requires knowledge about an item being sold.

For example, when a potential customer asks about the product you are selling, then you must be able to answer correctly and make the prospective customer believe in your product, and then buy your product.

2. Determine the Target Market

After choosing the product you want to sell. The next step is to determine the target market. This is done so that you can do more targeted promotions and sales.

For example, if you are going to sell hijab, of course, your target market is women who often wear hijab.

Running a more targeted business will make it easier for you to get more potential clients and increase your business profits.

3. Choose the Right Supplier

Choosing a business supplier is not easy, especially for those of you who run a reseller business that resells other people's goods (suppliers).

Choosing the wrong supplier will only cause harm to your business. Therefore, before deciding to collaborate with a supplier, you must also pay attention to the following points:

  • Have a clear and trustworthy customer service unit.
  • Have a definite office location, so that when there are product complaints or any problems, resellers can come directly to the office.
  • Do research on several suppliers and compare them by finding out the company background (business) of each supplier.
  • Choose a supplier that has a big business and has been successful for a long time.
  • The price given is profitable for you.
  • Work professionally in serving reseller orders.
  • Have a clear product catalog for resellers or customers.
  • Have a definite cooperation system, for example with a letter of contract or agreement between the two parties.

4. Know Your Competitors

The fewer competitors you have, the better it will be for your reseller business because it will be easier for you to get a lot of potential customers.

To get to know competitors, you have to find out some competitors that are similar to your business. The way you can do that is by typing keywords that match your business in the Google search field.

For example, you are a reseller who sells mobile phones in Lagos. So you can use the keyword “mobile phone sellers in Lagos” to do a search on Google. Then visit one of the websites or social media they used. After that, pay attention to the promotional or marketing activities carried out so that you can perfect your business marketing strategy for the better.

Knowing your competitors' marketing strategies doesn't mean that you copy theirs, but that you do it better and more attractively than their strategy.

5. Use Online Media

To do promotions or sales, it would be better if you use online media. The goal is to increase sales, product marketing, and make it easier for you to get more potential customers.

There are several types of online media that you can use, such as websites, marketplaces, or various other types of social media such as Facebook, Instagram, or Twitter.

You don't need to use all of these online media, use online media that is also used by your target market. For example, your target market uses Facebook social media a lot, then use Facebook as a medium for promoting and selling your business.

6. Focus

When you become a reseller, you may collaborate with many suppliers. For example, when you become a reseller of product A, you can also become a reseller of product B at the same time.

However, this will make you unfocused and inconsistent in running a business. Of course, it will only make your business suffer losses.

Therefore, focus on one business (product) that you will live in, then pursue that business until you are truly successful. And then try to look at other businesses so you can get more profits.

7. Provide Maximum Service

If you want to become a reseller who is qualified and trusted by customers. Make sure you provide satisfactory service to customers.

For example, the way you respond to prospective customer questions quickly and precisely, how you solve problems that are being experienced by customers or keep your promise to deliver goods on the day you have promised.

By providing satisfactory service and doing it optimally, certainly, your customer will not move to another place.

Those are 7 tips you can do when you want to become a reseller. Hopefully, the 7 tips above can make you a successful reseller. Good luck.

Harby Jay | Author

    Get our latest blog updates in your inbox

    51 Comments

    1. Wow, What an Outstanding post. I found this too much informatics. It is what I was seeking for. I would like to recommend you that please keep sharing such type of info.If possible, Thanks. สล็อตทุนน้อย

      ReplyDelete
    2. Our website is all about dresses for women .We offer all dresses, beachwears and activewears . It is available in all sizes and different colours
      https://belavous.com/collections/dresses
      https://belavous.com/collections/activewear
      https://belavous.com/collections/bikini

      ReplyDelete
    3. Chahal Academy - Best Civil Service Coaching in Mumbai


      We at Chahal Academy regularly upgrade our teaching strategy and study material to bring innovations for a better understanding of the candidates and to serve the needs of the Aspirants. Apart from it, we also try to give personalized attention to each candidate.

      a. +91-9909111227
      b. +91-7284811227
      contact@chahalacademy.com

      ReplyDelete
    4. these strategies are very helpful the techniques you mentioned are greatly written with all requirements
      letsavebig

      ReplyDelete
    5. Buying a business does not have to be a complicated endeavor when the proper process and methodology is followed. In this article, we outline eleven specific steps that should be adhered to when buying a business and bank financing is planned to be utilized. 메이저토토사이트추천

      ReplyDelete
    6. Its an interesting and useful information.Click Here
      We all get highly motivation from this .

      ReplyDelete
    7. I have to thank you for the efforts you have put in writing this site. I am hoping to see the same high-grade blog posts from you later on as well. In fact, your creative writing abilities has inspired me to get my own, personal blog now ;)prime video.com/mytv
      yahoo mail login
      target gift card balance
      amazon.com/us/code
      amazon.com/us/code

      ReplyDelete
    8. I was pretty pleased to find this page. I wanted to thank you for ones time for this wonderful read!! I definitely liked every bit of it and I have you saved to fav to see new information in your blog.amazon.com/us/code
      play google com redeem
      target.com/checkbalance
      amazon.com/redeem check balance
      amazon.com/redeem check balance

      ReplyDelete
    9. May I simply say what a comfort to uncover somebody who genuinely understands what they are discussing over the internet. You definitely realize how to bring a problem to light and make it important. More people ought to look at this and understand this side of the story. I was surprised you're not more popular given that you most certainly possess the gift.
      check walmart gift card balance
      lowe's gift card balance
      best buy gift card balance
      amazon mytv
      yahoo mail login

      ReplyDelete
    10. It’s hard to come by well-informed people in this particular topic, but you sound like you know what you’re talking about! Thanks
      paypal login

      ReplyDelete
    11. bhang
      Very interesting and informative blog. Keep posting!

      ReplyDelete
    12. he spa industry in Singapore is highly instagram likes singapore competitive which makes it imperative to opt for effective marketing strategies as they can help in carving an identity for your business in the spa industry. Usually, the spa and salon business in Singapore fluctuates from one season to another and one year to other. But an efficient and well-planned marketing strategy will help in getting through tough times and make the most out of the best days. https://buyinstasingapore.com/

      ReplyDelete
    13. But we still need local distributors for entry, and we are still searching for strategies to get us through the transitions without battles over control and ...
      instagram followers singapore

      ReplyDelete

    14. we still need local distributors for entry, and we are still searching for strategies

      koop rijbewijs voor Nederland, Nederland en andere Europese landen. Wij helpen u om online een rijbewijs te krijgen.
      geregistreerd rijbewijs kopen
      rijbewijs kopen
      rijbewijs kopen belgie
      rijbewijs kopen belgie

      Buy Driving license UK

      Buy driving licence UK

      Führerschein kaufen

      österreichischen Führerschein kaufen

      rijbewijs kopen
      rijbewijs kopen belgie


      ReplyDelete
    15. Thanks for the information. I really like the way you express complex topics in lucid way. It really helps me understand it much better way.

      drewhouseofficial.com

      ReplyDelete
    16. شركة تنظيف والتي هي افضل شركات التنظيف علي الإطلاق ، والتي تقدم خدمات نظافة عامة ، خدمات شاملة للمنزل والفلل والبيوت ، سيدتي الفاضلة هل تعانين أثناء تنظيف المنزل من ضيق الوقت وعدم كفايتة نظراً لإنشغالك بامور اخري أو نظراً لانشغالك بعملك أو حتي لصعوبة تنظيف منزلك لكبر المنزل
      شركة تنظيف بجازان
      عندما نتحدث عن نقل العفش فنحن امام مهمه صعبه جدا على بعض الاشخاص لان بعض الاشخاص يمتلكون العفش الكثير مما يحتاج الى تغليف وتعبيئه ونقل بشكل مثالى حتى لا يكون فيه خدوش او تلفيات او تكسير ومن هنا تظهر خدماتنا فى القيام بنقل عفش مثالى دون اى تعب او مجهود او تكاليف باهظه
      الاستعانة بأصحاب الخبرات دائما ما يسهل الكثير من الأمور عن القيام بالأعمال المختلفة وخاصة في المجالات التي ترتبط بالمنزل والمعيشة وراحة أفراد المنزل، لذلك عندما يحين وقت الانتقال من المنزل لابد من التخطيط لهذه المرحلة جيداً وتجهيز المنزل بخطوات معينة و الاعتماد على أفضل شركات نقل عفش
      شركة نقل عفش بجازان
      من افضل واكبر الشركات المتخصصه فى مجال كشف تسربات المياه نعتبر من الشركات الرائده بمجال كشف تسربات المياه نستخدم افضل واحدث الوسائل والادوات المستخدمه للكشف عن الاسباب الرئيسيه فى تسربات المياه دون الحاجه للقيام باى اعمال تكسيرات او احداث اى خسائر ماديه نقوم بتقديم افضل الخدمات خدمات على اعلى مستوى
      شركة كشف تسربات بجازان

      ReplyDelete
    17. UPSC is abbreviated as Union Public Service Commission. UPSC conducts examinations for Civil Services for the recruitment to the IAS i.e. Indian Administrative Service, IFS i.e Indian Foreign Service, IPS i.e Indian Police Service, and other Central Services. The objective of this examination is to bring out the best minds to take over one of the most important services of India i.e. Civil Services. It determines a candidate’s personal qualities like the ability for hard work, determination, communicating skills, memory power, focus, achieving the goal, etc.
      https://mybestguide.com/education/best-ias-coaching-in-mumbai/

      ReplyDelete
    18. The top UPSC Coaching Centre will tutor an applicant on the right path and also help take the right decisions whether it be the services or the way of preparation. So, the right tutoring courses have engaged a vital place in the lives of many IAS/IPS aspirants who aspire to clear the examination. Therefore, being able to discover the best IAS Coaching Institute in Ranchi can be a time taking task. In this article, you will be able to find some of the Best UPSC Coaching in Ranchi and then choose the Top IAS Coaching in Ranchi as per your needs and satisfaction. The main purpose of this article is to benefit people who are seeking formation for the best IAS Coaching Institute in Ranchi.
      https://mybestguide.com/education/best-ias-coaching-in-ranchi/

      ReplyDelete
    19. CHAHAL ACADEMY came into existence in 2011 to impart quality education to the students preparing for Civil Services Examination. At present, we have Chahal Academy - Bes IAS online coaching

      18 branches pan India in New Delhi, Mumbai, Kolkata, Chandigarh, Ahmedabad and other parts of India. With the experience of many years and also after sending a significant number of students into various prestigious services, the institute can proudly claim to be the most dependable institute for a complete foundation programme. CHAHAL ACADEMY is known for its experienced faculty, comprehensive coverage, passionate classes, frequent tests, elaborate explanation, excellent study material, and its emphasis on personal attention. With a batch size of only 20-30 students, we can focus on each student and nurture the best out of them.

      https://chahalacademy.com/online

      ReplyDelete

    20. This is a very nice blog and learned more knowledge to read this post thanks for sharing this informative post.
      100thievesmerch.com

      ReplyDelete
    21. To help you choose from the best, our team has listed Top 5 GATE coaching centres in Mumbai based on institute’s experience, study material, quality of faculty, batch size and past student reviews. This list will also help you compare institutes based on their fee structure.

      Best GATE Coaching in Mumbai

      ReplyDelete
    22. I like your blog because it is so informative. I learned a lot from your post thank you.
      100thievesmerch.com

      ReplyDelete
    23. Best GATE Coaching in Chennai

      Now that we have cleared the basics, the question arises that which GATE coaching institute should you join in Chennai that will help to excel in all the aspects of your examination. Our qualified research team has compiled this list of Top 5 GATE coaching centres in Chennai to help students choose the right sort of coaching centre as per their need. So, here’s the list!

      ReplyDelete
    24. Best GATE Coaching in Bangalore

      Let’s see the list of some of the best GATE coaching centres in Bangalore after getting to know the detail about GATE exam. We have provided you with the Top 5 GATE Coaching Centres in Bangalore based on the ratings, feedbacks and fee structure of the courses to assist you in deciding which is best for you. The list can be found below.

      https://mybestguide.com/education/best-gate-coaching-in-bangalore/

      ReplyDelete
    25. Best GATE Coaching in Ahmedabad

      The GATE exam is open to engineering graduates from a recognised university as well as postgraduates in any relevant science subject. Candidates must be at least 18 years old to take the GATE exam, but there is no upper age limit. There is no fixed percentage required for taking the GATE Examination.

      ReplyDelete
    26. Joining a good coaching institute for the NEET examination is very important as preparing for it alone can be tricky. In a NEET coaching, important notes and study material is provided so that nothing is left out. You get experienced teachers who can guide and motivate you. However, when looking for the right coaching centre, we often get confused because it’s Delhi, the hub for education.

      https://mybestguide.com/wp-content/uploads/2021/04/best-neet-coaching-in-delhi.webp

      ReplyDelete
    27. Best NEET Coaching in Delhi

      Joining a good coaching institute for the NEET examination is very important as preparing for it alone can be tricky. In a NEET coaching, important notes and study material is provided so that nothing is left out. You get experienced teachers who can guide and motivate you. However, when looking for the right coaching centre, we often get confused because it’s Delhi, the hub for education.

      ReplyDelete


    28. Best GRE Institute in Delhi



      In this article aims to provide information on all the important aspects of GRE exam. This will help our readers that are considering to appear for their GRE test to familiarize themselves with all the features of test. Further, our research team at MyBestGuide (MBG) has also analysed and shortlisted some of the top GRE coaching centres in Delhi.

      ReplyDelete
    29. Important Updates on GRE Test 2022:

      ETS will now accept Aadhar card (temporarily) as a valid identity proof for Indian candidates, starting July 2021
      Starting Oct 202, Indian students will now need to pay US$213 for GRE registration fee, which was previously US$205
      Due to the ongoing pandemic situation, ETS has now started GRE General Test – home edition, that will allow candidates to appear for the online test from home instead of online test centres.
      Now that we have cleared the basics, the question arises that which GRE coaching institute should you join in Mumbai that will help to excel in all the aspects of examination. In order to compile this list of Best GRE Institute in Mumbai, our research team at MyBestGuide (MBG) has focused on criteria such as, study material, faulty, student reviews, infrastructure, placement, SERP, location, fee structure etc.

      ReplyDelete
    30. cargopantsmaker.comThis is a very nice blog and learned more knowledge to read this post thanks for sharing this informative post.

      ReplyDelete
    31. https://www.eastwingparrots.com/

      ReplyDelete
    32. Great website you have got here.streetwearcart Keep up the good work and thanks for sharing your blog site it really helps a lot.

      ReplyDelete
    33. Sometimes you need to find the best Coupons Codes website, Get all latest coupon codes for the top brands. We have the largest database of all discount codes online. Get your promo deal now! SnapPower Discount Codes

      ReplyDelete
    34. Copy and paste the emoji where you want it. You can use this method much like copy-pasting a document. To save the sheesh emojie, simply press Ctrl+C.

      ReplyDelete
    35. Thanks for the blog loaded with so many information. Stopping by your blog helped me to get what I was looking for. octobersveryownshop.com

      ReplyDelete
    36. Great works guys, content is outstanding and brilliant
      https://comprarepatentediguida.com/
      https://rijbewijskopenb.com/
      https://comprarlicenciadeconducir-b.com/
      https://comprarcartadeconducao.com/

      ReplyDelete

    Recent Posts