by Chad Maslak on September 9th, 2009
One of the most common emails that I receive from my newsletter subscribers is about the frustration they experience when they are trying to purchase wholesale merchandise to resell. Often times the frustration actually comes when they think they have found the perfect product or a wholesale distributor only to discover that the products that they want to sell are already selling on eBay for the same price or less than what they can buy them for!
In other words, you won’t be making any money and at best you’ll find that you’ll be lucky just to break even!
This... Read more »
by Christina Lee on March 13th, 2009
Within merchandise trade shows are a vast number of ways to enhance your product line – certainly enough to daunt any first-time buyer, absolutely.
But no one should have to face thousands of exhibitors – try more than 2,900 at this year’s ASD/AMD Las Vegas – without knowing how to get the most of your time spent. And after our own trips to trade shows, goWholesale has figured out how:
Planning
A no-brainer way to plan ahead: scouring through the trade show’s preview guide, then figuring out which exhibitors to see. What the next step should be: reaching out to... Read more »
by Christina Lee on October 29th, 2008
When Manuella Lizzio co-founded the International Trade and Marketing Group (ITMG) in 2001, she originally conceptualized it to be an exporter. But when inspiration struck Lizzio to design a line of handbags, the Rockville, Md.-based company soon had to figure out if her vision could sell.
“The main goal of the company was really to do wholesale as opposed to retail,” Lizzio said, “but to make something that’s really tailored to the consumer would imply that we really want to get into that retail mentality.”
Two years later the Bethesda Flea Market, hosted by the Montgomery Farm Women’s Cooperative, would... Read more »
by Christina Lee on October 20th, 2008
Pablo “J.P.” Kochen created Wholesale Furniture Collections so that he could sell and ship to any customer, in any state. His main motivation: the stories he kept hearing from customers who attempted to purchase furniture online, only to see their checks disappear with the companies.
Kochen’s Florida-based company has since joined an increasing number of others that are selling wholesale direct-to-consumer. These wholesalers generally adjust from merely receiving orders to dealing directly with customers, then earning their trust. For Kochen, that meant teaching the basics of secure online purchasing.
Kochen first began selling furniture in 2005, to interior designers decorating... Read more »
by Veronica Stone on November 6th, 2007
The designer accessories business may look glamorous, but it can be pretty difficult due to many different issues. When you are in this business, your basic goal is to purchase quality and authentic designer accessories for a good price, and then resell them to your customers for a profit. You also have to make sure that you are reselling them for a fair price, because if you’re not, there are a ton of other companies that are. Retailers of designer accessories often find it hard to find suppliers for their products. This happens for a few different reasons.
Famous designers... Read more »
by Carrie Hinkel on September 4th, 2007
If you’ve decided to become a retailer or wholesaler and need to find wholesale merchandise sources, that’s terrific; but don’t start buying up wholesale product lots just yet. Making sure your new venture is legal and following all the government guidelines is very important, as noncompliance could end up with you paying steep fines or being forced to shut down your business.
For many reasons, you’ll want to create a business name for your wholesaling business. This could be the name of your website, or a newly-created name. If you plan on doing business with several reputable wholesalers, it’s much... Read more »