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Running a successful retail business requires you to have at the right product, at the right time and place, which is why it is important to find the best sources of wholesale products. Buying wholesale is the most important aspect of your business because if you can get your merchandise at real wholesale prices you can manage to make some profit. There are many sources where you can buy products. For example you can buy wholesale products from a wholesale store near you. You can visit wholesale shops around your area, compare prices, identify items in the clearance bin, and if you can; find out where they get their merchandise. Trade shows are another great place for buying goods cheap. Trade shows are an opportune time to meet with other retailers and suppliers and get contacts. Contacts are important in this business; and the more you have the more products you can source. It is important when buying wholesale products to know the different types of suppliers. Manufacturers will sometimes sell their products direct to you at wholesale prices. It is more cost saving to buy your merchandise directly from the manufacture since it is not only cheaper, but there is less risk of damage to the product. Look for all the manufacturers of the type of product you want to sell and find out if you can have an arrangement where they sell directly to you, and if this not possible find out which distributors they use. If the wholesale product you want to produce is not produced locally then the only option is to import. Importing products has become very simple due to the internet, globalization and other factors. Importing will add extra costs to the original price of the product so make sure if you're importing that the products value is enough to cover costs of importing. When buying wholesale products which are imported you have two options; you can buy directly from the foreign company or from local importers of the same product. When importing wholesale products you also have take into account other aspects such as product life cycles, red tape, and shipping times, which can all affect the quality, and price of your product.