Thanks

As a UK supplements supplier, I would say that you would be better off finding a less saturated market, as you will struggle to make more than a couple of quid profit per week, although you are more likely to make a loss. Also, to obtain a trade account with a supplier, you would need to sell larger amounts, meaning you would have to buy in bulk, with the possibility that items don’t sell and go out of date.

It is also very difficult to get trade accounts with supplements manufacturers now (there are many in the UK – i.e. Reflex, CNP, etc.), as most now only set up trade accounts with people who own shops or gyms, or the best websites. Part of the applications usually ask for your company number, VAT number, projected sales, number of employed staff, etc. Saying you just want to sell on Ebay will not get you an account.

If you decide you want to set up your own company with a website selling online, then you need to be aware that even if you buy an e-commerce website template for as little as £99, you will still need to spend around £360 a year on a good hosting package, £100 a year on SSL certificates, £1500+ a year on accountancy/company returns, £1000s on website tweaks, upgrades, payment gateway set-up, etc. and then to get anywhere online in competitive industries, you would need to spend £2000/month on SEO. Not to mention that you would need to work 70 hour weeks and need help from at least 3 people, doing similar hours!!! But, you would need to work full time on a big salary to afford this… so how do you do it? One option would be to save a 25% deposit for all of the above, quit your day job, get a business loan for the rest and go for it! That would be very risky though! Also, you would have to be prepared to learn web design basics (html, css), seo, accountancy, hmrc tax/vat/PAYE requirements, company law, e-commerce regs, … the list is endless and it results in a lot stress and pressure, although if you find the right market and put the work in consistently for a couple of years, then it it can really pay off. I would say that you have missed the boat with the supplements though unfortunately.

If you are simply trying to get supplements cheaper for yourself and flog some to your mates, to make a bit of profit, then I would suggest you simply make a large order from a website like my own to receive a bigger discount. You are welcome to send me a message using the ‘contact us’ page of my website, letting me know what products you require and I will get back to you within 48 hours with a discounted price.

Regards,

Martin Procter
Promart Supplements

http://www.promartsupplements.co.uk/

http://www.casonmiller.com 435-531-6858

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