Treasure Hunt
Hit the mark when you're hunting for products to sell.
Q: How do I find
products to carry in a catalog?.
Name withheld
A: There are many
ways to find products to sell in direct-mail catalogs and on Web
sites. But first you need to identify the specific types of
customers who will be apt to buy from you. They'll be the
market segment for whom you select products. With your customers
firmly in mind, your search will be much easier.
The following Web sites can help you identify various suppliers
and their products:
- The Industrial Resource Network (http://power
sourcing.com) is a service for contacting suppliers of products
and services. The service is free to buyers and sellers alike.
- Thomas Register, a top resource for finding manufacturers, is
now available at www.thomasregister.com as well as in book form at your
local library. Another product from Thomas Publishing Co. is
Product News Network (www.productnews.com), which provides information on
new industrial products.
- Worldbid.com supplies trade leads from companies and
government organizations around the world in 1,100 industry
categories.
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To locate smaller companies that produce products but may not
have made it onto sites like those above, use search engines like
Google and Yahoo! Also, check eBay and other auction sites
regularly for closeouts of products that suit your customers.
Offline searching can be productive as well. New products often
get their first public exposure at invention shows, craft fairs and
swap meets. Sometimes, product producers are testing public
reaction and will incorporate changes based on feedback and
requests as they roll into production. You can find shows in your
area by searching the Web. For example, for arts and crafts shows,
check out http://artsandcrafts.about.com/cs/tradeshows.
Enjoy your treasure hunt!
Paul and Sarah Edwards are co-authors of 15 books,
including The Entrepreneurial Parent. Send them your
start-up questions at www.workingfromhome.com or in
care of Entrepreneur.