Make money selling herbal supplements
You can start a supplement company from the comfort of your own home. The first step is deciding what types of supplements you want to sell, including vitamins, diet aids, protein, sports nutritional products or herbs. Go online and search for companies that sell supplements online.
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Notice which products these companies features and how much they cost. Obtain doing business as and vendor's licenses so you can collect sales tax from customers.
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Find a manufacturer or wholesale supplier for your supplements business. Check with the National Wholesalers Association.
Look through business opportunity magazines, such as "Business Opportunities" and "Home Business" for a potential supplements distributor.
Call several of the manufacturer and wholesale suppliers. Find out which ones offer drop shipping, which will prevent you from having to stock a large inventory of products. Study the product costs of various drop-shipping suppliers. Choose the wholesale or manufacturer supplier that provides you with the lowest per-unit product cost. Apply for a merchant account at your bank.
Sign up and use PayPal. Create a website for your supplements business, or hire a web designer to create one for you. Order product samples and take pictures of them for your website. Help your web designer create descriptions for your online products. Place your supplements website on various search engines, such as Google.
Hire a search engine optimizer to help you get a high ranking in these search engines. Think of three- to- five-word phrase that best describe your supplements business. Make sure you use keywords that are located throughout your website, according to the Business Insider website.
Obtain brochures and catalogs from your supplier on different products. Create your own brochures and catalogs if your supplier does not offer them. Order business cards with your website and phone number. Contact businesses in your area, including health clubs, independent gyms and martial arts studios.
Leave a business card and brochure with the various health or fitness establishments. Try to get these fitness clubs to order products for their customers.
Order products through your supplier when you customers send you money. Ship products out to your customers using a self-addressed printed label. Maintain a database of current customers. Send catalogs or special deals out to these customers every month or two.
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Skip to main content. Things Needed Wholesale supplier Supplements Vendor's license Merchant account Website Digital camera Brochures Catalogs Order forms Business cards Shipping boxes Self-addressed shipping labels. Tip Become a wholesaler yourself if you can get at least a or- percent markup on products.
Keep in mind that they will be ordering in large quantities. Therefore, the small profit per product can really add up over time.
References 6 Business know-how: Find Suppliers for Your Business Entrepreneur: How to Find a Drop-Shipper New York Better Business Bureau: Mail Order Rights Business. Business Name Registration Doing Business As Gaebler. Starting a Supplement Business Business Insider: Resources 1 Go Daddy. Domain Name and Web Hosting Site.
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