If you know exactly what products to look for, getting a wholesale supplier is easier. Compared to retail, wholesalers usually provide products in bulk at a smaller price. The following are some of the qualities of an ideal wholesaler: being able to have excellent customer service online and offline and as well as providing the products on time. You'll be purchasing from the smaller wholesalers at higher prices as you are just starting your business. You'll get better pricing and/or switch to a bigger wholesaler when your volume increases.
Here are some tips on finding a wholesaler:
Commence with the source. Approach the manufacturer and ask about their minimum orders, wholesale prices and their turnaround time. Honesty and being to the point are also required. Don't try to make it sound bigger than it really is. You also have to explain the items you need and what you need them for. If you can't meet their minimum requirements or they only sell through established distribution channels, ask for a list of distributors you can contact. Getting the lowest prices or at least a list of reputable distributors to start your search are possible when you start at the source.
Try Google You can already add your product keywords once you've already googled for the words 'wholesale' or 'distributor'. Brand names and model numbers may also be searched. Get a contact number or email address or look for a "wholesale accounts" link once you're already on the suggested site. It is also suggested that you keep a detailed spreadsheet of potential wholesale suppliers and all your contact with them. This helps you not to get confused.
New learning experiences can be gained by joining local industry groups, internet forums and professional networks. So it will take time and considerable networking to compile the best wholesale suppliers for your business, other retailers will not share information on their suppliers with potential competitors. You also have to nurture online presence and as well as build relationships and connections.
Subscription to publications Product manufacturers or distributors looking to reach someone like you may be found in magazines and newsletters in your industry. The ads in the back of the magazines are great places to find leads. Websites are typically designed for your easy access.
Trade shows. Trade shows are especially tailored for retailers. Trade shows make it possible to get rid of miscommunication and inaccurate information that can be caused over online communications. That is through letting retailers talk face-to-face with manufacturers or distributors.
Remember that creating the perfect supply chain for you involves a lot of trial and error. Your first wholesaler may not be your lifelong one. Here's what you basically need from your supplier: sell products at a profit. All you have to do is to dole out a portion of the profits into the business and just reinvest your capital.
Here are some tips on finding a wholesaler:
Commence with the source. Approach the manufacturer and ask about their minimum orders, wholesale prices and their turnaround time. Honesty and being to the point are also required. Don't try to make it sound bigger than it really is. You also have to explain the items you need and what you need them for. If you can't meet their minimum requirements or they only sell through established distribution channels, ask for a list of distributors you can contact. Getting the lowest prices or at least a list of reputable distributors to start your search are possible when you start at the source.
Try Google You can already add your product keywords once you've already googled for the words 'wholesale' or 'distributor'. Brand names and model numbers may also be searched. Get a contact number or email address or look for a "wholesale accounts" link once you're already on the suggested site. It is also suggested that you keep a detailed spreadsheet of potential wholesale suppliers and all your contact with them. This helps you not to get confused.
New learning experiences can be gained by joining local industry groups, internet forums and professional networks. So it will take time and considerable networking to compile the best wholesale suppliers for your business, other retailers will not share information on their suppliers with potential competitors. You also have to nurture online presence and as well as build relationships and connections.
Subscription to publications Product manufacturers or distributors looking to reach someone like you may be found in magazines and newsletters in your industry. The ads in the back of the magazines are great places to find leads. Websites are typically designed for your easy access.
Trade shows. Trade shows are especially tailored for retailers. Trade shows make it possible to get rid of miscommunication and inaccurate information that can be caused over online communications. That is through letting retailers talk face-to-face with manufacturers or distributors.
Remember that creating the perfect supply chain for you involves a lot of trial and error. Your first wholesaler may not be your lifelong one. Here's what you basically need from your supplier: sell products at a profit. All you have to do is to dole out a portion of the profits into the business and just reinvest your capital.
