If you’re looking for a way to make money online, then WholesaleFury.com is a great way to get started.
With no upfront costs and the ability to work from the comfort of your bed, sofa, or home office, you can earn commissions by managing wholesale group orders for small retailers and businesses around the world.
You don’t even need experience in the retailing industry. All you need is an internet connection, strong organizational skills, the ability to communicate, and a drive to help out small businesses.
Why Do Small Businesses Need to Place Group Orders with Wholesalers?
You might be asking yourself why small businesses need WholesaleFury.com and product managers to order through wholesalers. After all, anyone in the business of retailing should be able to order their own products, right?
Unfortunately, many small businesses are directly disadvantaged by wholesale ordering.
If you’re not familiar with the world of wholesalers, there are wholesale vendors that sell products in bulk to retailers and other professionals. These products, or units, have what’s known as a “unit price”, which is what each product costs in a shipment. Typically, the more units that are ordered, the lower the unit price.
Unlike large businesses, who have deeper pockets, more purchasing power, and the ability to store higher levels of stock, small businesses can’t place large orders with wholesalers.
So, because they’re ordering fewer units, the price of each unit is higher for them than it might be for a large retailer.
How WholesaleFury.com Helps Small Businesses
WholesaleFury.com was born to help small businesses around the world find other retailers that are interested in placing group orders from a wholesaler to get a lower unit price.
As an example, let’s say Company A wants to purchase 10 claw hammers from Wholesale Company B. Because they’re only ordering 10 units, it costs $9.30/unit, but the best possible unit price is only $6.80. So, they log into WholesaleFury.com, and they find a product manager who has posted a group order for a claw hammer they like. They then contact the product manager and commit to ordering 10 units at the best possible unit price of $6.80/unit – instead of what they usually get it for at $9.80 per unit – and pay the product manager commission for managing the order.
When the order reaches the 3,000 units needed to get the best possible unit price, the product manager places the order and gives every retailer the information they need to pay the wholesaler directly, as well as receipts and shipping information.
So, How Can You Make Money Through WholesaleFury.com?
At the heart of every group order placed through WholesaleFury.com is a product manager who consolidates orders from different retailers and acts as a “middle man” between the retailer and wholesaler. As a product manager, you can earn a 3% commission on every group order placed through you. Let’s take a look at what a product manager does, step by step.
You find a wholesaler that allows group orders
By using other platforms like Alibaba and DHgate, you’ll look for wholesale products that are available through reputable retailers. Once you’ve found a product that’s in demand, you’ll contact those companies and ask if they can take group orders for those products. Unfortunately, not all wholesalers offer this on all of their products, so this might take some time, particularly when you’re getting started as a product manager.
You post the product available for a group order on WholesaleFury.com
When the group order has been approved by the wholesaler, then you post that product as a “Product campaign” — also known as group order — on WholesaleFury.com. Small businesses from around the world will be able to see what you’ve posted, and soon, those businesses will begin contacting you to place their orders.
To stop retailers from backing out of orders and creating additional work for you, when they commit to your product campaign, they immediately pay you commission. So, you get your commission as soon as retailers sign up-although, it will be held in escrow until the order is complete.
One of the great things about being a product manager is that if you’re managing a product campaign for a product you use around the home, or if you want to resell the products yourself, you can join the group order yourself and get the products at a discounted price.
You place the group order with the wholesaler
Once your group order is large enough to get the best possible unit price for the product, you’ll have to communicate with each retailer to let them know how to directly pay the wholesaler. This way, there’s no need for you to handle any money, and it’s the responsibility of the retailers to pay for what they’ve ordered. When the buyers have paid, then you’ll send them their order details along with any shipping or tracking information sent to you by the wholesaler.
How Much Can You Earn Through WholesaleFury.com?
Product managers earn a max of 3% commission on any group order, which as mentioned above, is paid by the individual retailers once they commit to your project campaign. So, the more buyers that join your product campaign, the more money you can make.
Example of Commission Earnings
Linda is a project manager on WholesaleFury.com and posts a project campaign for phone cases. For her to place the order, she needs to have retailers commit to purchasing a total of 30,000 phone cases, as this guarantees the best unit price of $3.80. This means that by the time Linda places the order, it will be worth $114,000. As she gets a max 3% commission, Linda will earn $3,420 for managing this product campaign/group order.
How Does WholesaleFury.com Earn Money?
You might think this sounds too good to be true, so to reassure you, here’s how WholesaleFury.com makes money from retailers placing group orders through product managers.
To use the platform and access group order discounts on products, WholesaleFury.com charges each retailer a monthly subscription fee. The platform will also collect 10% of the product manager’s commissions. This means that WholesaleFury.com can continue providing a platform for small businesses to get discounted products through group orders, and product managers can earn a part or full-time income by managing product campaigns. It’s a win-win situation for everybody involved.
Want To Make An Income Online with WholesaleFury.com?
Making an income through WholesaleFury.com as a product manager is easy. With no requirement to hold any inventory yourself, handle any money, or make any upfront investment, you can get started whenever the time is right for you. You’re also not locked into any contracts, meaning you can manage as many or as few product campaigns as you want. So, not only can you help small businesses compete against high street giants, but you can also profit by acting as the middleman.
To learn more, come check it out at WholesaleFury.com!