Do you want to have help sourcing products? Do you find items in the stores to resell in your store but only find a few of them? Do you want more of them to sell? Would you be ecstatic if you could get more of those new items without lifting more than you finger? If you answered yes to any of those questions then Sourcing Fanatics might be for you!
They currently operate in Canada only (with buildings in Vancouver and Calgary). They are in the process of expanding and are slated to open US operations with a pilot program in November of 2017.
I just interviewed Dan Ryan from Source Fanatics (you can catch video below). His company specialize in wholesale and finding inventory that you ask for! He has access to a wide range of shoppers to by your products and consolidates them all to ship to you. They can access products that you specifically request through the following channels: wholesale, retail in-store and online. They have shoppers on the ready to source product online and in retail stores, and they have direct access to wholesalers to get you product as well.
Visit their website for more information: SourceFanatics.com
Join their Facebook group for immediate access to their wholesale lots that they periodically post. You can purchase these lots without any additional subscriber or lot fees listed below.
FB Group: Source Fanatics Facebook Group
Our Services
Source Fanatics eliminates the challenges of sourcing inventory so that you can dedicate time to growing your business. Our community of buyers across the country source product for you at retail (in-store or online) while our dedicated and handpicked wholesalers are ready to sell directly to you.
Here’s how it works. For access to his handpicked shoppers you will need to do the following
- Subscribe to the service for $100/month. This is a month to month fee and you can cancel at any time.
- Unit Cost – You will need to pay upfront (PayPal) for the total unit cost of the items. This is for the acquisition cost of the items.
- Shipping – Once the items are available you will need to pay for shipping which is either arranged by Source Fanatics or you can arrange your own shipping.
- PPF – This is the Product Purchase Fee which is negotiated prior to buying the items. This fee is determined based on multiple factors such as difficulty to acquire the items, how many shoppers are used, etc.
They require a minimum retail cost order of $500 (excluding shipping and PPF). I can see the immediate value in using this service as depending on your operation, this instantly scales it up. You have a whole network of people buying product instead of just you. The best point is that this product is completely brand new in box which instantly eliminates testing or using your valuable time to make sure the product is salable. Once you get this product you either instantly sell it locally, list it on eBay or push it on to FBA!
As they understand buyer and shopper behaviors, they are massaging their process, price points and operations. At any time something will change as they refine operations and understand what works best for everyone.
Once they expand into the US I look forward to bringing you my journey into new channels to source product. I would love to use the power of the Source Fanatics buyer community to scale my business.
-Christopher Sirois
LiquidationOH@gmail.com
