In this article, we discuss the top 15 wholesale suppliers for resellers in the US. To skip the analysis of the wholesale industry, go directly to the Top 5 Wholesale Suppliers for Resellers in the US.
The global supply chain is comprised of several parties including manufacturers, distributors, wholesalers, and retailers.
In one of our previous articles, we highlighted that the global wholesale industry was $48,761 billion in 2019 and declined to $48,478 billion in 2020 because of the COVID-19 pandemic, which not only affected the wholesale industry but the complete global supply chain as well, including the distribution, retail, and manufacturing industries. The wholesale industry was expected to grow at a significant pace after 2021, but the unexpected Russia-Ukraine war further disrupted the industry. According to a Business Research Company report, the global wholesale industry was worth $45,672.51 billion in 2022. However, in the current year, the industry grew at a CAGR of 7.0% to $48,883.25 billion and is expected to reach $61,529.93 billion by 2027, registering a CAGR of 5.9%. The largest region in the industry was the Asia-Pacific, followed by North America.
Since our article is about wholesale suppliers for resellers, home-based business statistics are important to discuss as it is one of the main demographics since the COVID-19 pandemic. As we mentioned earlier, the pandemic caused major imbalances in the supply chain. However, it made a positive impact on the lives of many people, especially those who started home-based businesses such as reselling wholesale products online.
It was reported through a survey that during the pandemic, 32% of Americans quit their jobs to start a new business and the number of entrepreneurs rose by 60%. The most popular services included IT, retail, and personal care. Out of all the people who quit their jobs at the time, 31% said their new business functioned through e-commerce.
There are two major options that people can use to set up their online business, reselling and dropshipping. While reselling requires you to buy products wholesale and keep them in stock, dropshipping does not. In dropshipping, when the business owner receives an order, they inform another company to deliver the product directly to the buyer. According to Straits Research, the total addressable market for dropshipping was around $212.75 billion in 2021 and is expected to reach over $2 trillion by 2030 at a CAGR of 28.4%.
For resellers and dropshipping business owners, it is quite necessary to find verified wholesale suppliers at a reasonable rate to avoid getting scammed and for their business to achieve a healthy profit margin. This article contains a list of some of the most recommended companies that will help a business owner in that regard. For investors looking for wholesale industry stocks, Amazon.com, Inc. (NASDAQ:AMZN), Alibaba Group Holding Limited (NYSE:BABA), and Costco Wholesale Corporation (NASDAQ:COST) are some of the key players in the market.
Top 15 Wholesale Suppliers for Resellers in the US
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Our Methodology
For this article, we went through threads on different Reddit communities, including r/FulfillmentByAmazon and r/ecommerce. Additionally, we explored the lists on websites such as Sourcelow, Smallbizgenius, and Webretailer, along with several others. We assigned scores to each supplier based on the number of mentions — every time a supplier was mentioned/recommended by any of our research source, it was assigned a score of 1. So the higher the number of mentions/recommendations, the higher the score and rank in our article.
Top 15 Wholesale Suppliers for Resellers in the US
15. Alanic
Alanic is a wholesale seller of clothing products, especially sportswear, and is headquartered in Australia, the USA, and Canada. The company is the official supplier of some major marathons in the USA and Canada and the Australian national basketball team. Alanic also has a custom sustainable clothing collection. The company offers independent designers and business owners to become their distributors.
14. Michaels Stores, Inc.
Michaels Stores, Inc. is a Texas-based chain of retail stores offering arts, crafts, framing, floral, wall décor, home decor, and scrapbooking products. For small business owners, the company offers tax-exempt purchases through the owner’s Michaels Rewards account. Michaels Stores, Inc. also offers discounts to seniors, teachers, and military personnel. As of January 2021, the company has over 1,250 stores in USA and Canada.
Michaels Stores, Inc. is a subsidiary of The Michaels Companies, Inc. which went public in 2014. In 2021, The Michaels Companies, Inc. was acquired by Apollo Global Management, Inc. (NYSE:APO) for $22 per share for a total of $3.3 billion and was taken private after the acquisition.
13. Faire
Faire was created in 2017 to bring independent retailers and brands together to allow small business owners to stand toe-to-toe with mega companies like Amazon.com, Inc. (NASDAQ:AMZN) and eBay Inc. (NASDAQ:EBAY). The company raised around $260 million in funding on June 10, 2021, with a $7 billion valuation. Faire offers wholesale buying from over 100,000 brands. The company reached $1 billion in annual sales volume in the first four years of its inception.
12. Bwanaz
Bwanaz is an online wholesale platform for buyers and sellers in the United States. The company offers buying and selling of products on its own platform and has thousands of vendors and over six million customers. The company offers millions of products in over 5000 categories and has a free membership. Bwanaz is headquartered in Chino, California.
11. TradeKey
TradeKey is an online B2B marketplace that connects you to over 10 million businesses and operates globally. It was founded in 2006 and is headquartered in Riyadh, Saudi Arabia. Apart from several paid membership offers, TradeKey also offers a free membership that allows a seller to post 10 products with limited features. On the other hand, the company’s premium members are given top priority on targeted buyer searches and offer 24/7 worldwide advertisement of seller’s products. Furthermore, premium members are eligible for a free consultation from industry experts and have exclusive access to buyers. The premium members are also provided a verified suppliers logo which increases a customer’s trust.
10. Tundra
Tundra is a wholesale marketplace for small businesses with two offices, one operating in the US and the other in Zürich, Switzerland. The company offers over 2 million products from over 10 thousand brands and has over 30,000 verified retailers. According to the company, it does not allow the resale of its products on eBay or Amazon but its products can be sold on a business owner's website.
9. Doba
Doba connects retailers and suppliers of all sizes for dropshipping businesses and offers over a million products. The company also offers educational material to teach people new to the business and help them increase their profits. Doba also keeps separate lists for high-profit items and discounts. The company was established in 2002 and is headquartered in Utah.
eBay Inc. (NASDAQ:EBAY) is a California-based e-commerce company offering consumer-to-consumer and business-to-consumer sales services. According to the company website, it has around 1.8 billion live listings, 133 million active buyers, and delivers in 190 markets globally.
eBay Inc. (NASDAQ:EBAY) has partnered with BULQ to source wholesale inventory for the purpose of reselling. The company offers doorstep shipping and the products can be resold on the company’s website. In September 2022, eBay Inc. (NASDAQ:EBAY) also launched its eBay International Shipping service that allows sellers in the US to export their products worldwide.
7. DollarDays
DollarDays mainly supplies wholesale products to nonprofits, schools, and philanthropic organizations. Moreover, the company has a “supporting businesses” segment that offers 70,000+ products to small businesses and resellers at lower prices.
Some of the plus points of DollarDays include customizing orders according to the budget of a business and offering Fulfillment by Amazon preparation services.
6. Kole Imports
Kole Imports is a family-owned business in Carson, California. The company imports general merchandise from overseas and supplies them at discounted prices. The company does not sell directly to consumers and only offers its products on a wholesale basis.
According to their website, Kole Imports serves around 58 industries, including automotive supply, casinos, retail, hardware, sporting goods, and liquor. The company also provides dropshipping services.
