Posts Tagged ‘wholesale’
by Christina Lee on February 17th, 2009
Wholesale inventories dropped further than expected by economists, continuing a streak of declines that has not been seen in seven years.
Inventories in December 2008, totaling $427.5 billion, fell by 1.4 percent from the previous month, according to the Commerce Department. Analysts predicted a decline only about half as big, with predictions ranging from 0.7 to 0.9 percent, according to the Associated Press and Wall Street Journal.
“This is the latest evidence of the difficult environment for business spending in the fourth quarter,” said Tim Quinlan, economic analyst at Wachovia in Charlotte, North Carolina, to Reuters.
Even as overall inventories... Read more »
by Carrie Hinkel on October 16th, 2008
Whether you are opening a brick-and-mortar store or creating an online e-commerce site, you’re going to need a variety of products from a multitude of manufacturers. While it may seem overwhelming to set up accounts with so many vendors, there are definitely some easy ways to simplify the process.
First, you will need to decide what types of products you want to carry. It’s best to be flexible with brands, colors and sizes, as that will open up your opportunities when dealing with suppliers.
Wholesale product sources
*Manufacturer: Most times buying direct means a high minimum order. Usually manufacturers will... Read more »
by Brent Crouch on September 25th, 2008
If you want to make a profit by buying and selling wholesale clothing, there are a few important things that you will need to know. You can’t just take a leap into the business unaware of what you should buy and what customers are looking for. Many wholesale businesses will fail because they went into business blindly. Follow these three suggestions and you are sure to be a success.
Odd Sizes can be a Good Thing
When you are purchasing wholesale clothing you have to realize that the odd sizes can be a very good thing. First of all odd... Read more »
by Carrie Hinkel on September 23rd, 2008
As the internet makes contacting and communicating with businesses incredibly easy, more entrepreneurs are considering setting up a wholesaler business. A wholesaler is basically a middleman between manufacturers and retailers. Wholesalers buy products in bulk from manufacturers and then sell them at a markup to retailers. There’s no doubt that wholesaling can be a very lucrative business, especially when you carry a full line of products within the same product category.
Getting started as a wholesaler
Find potential manufacturers – This may sound simple enough but it truly is a time-consuming process, as not all manufacturers are willing to take... Read more »
by Carrie Hinkel on August 6th, 2008
If you’ve decided to sell name brand products in your store, you’re in luck. Because of the popularity of certain brands, they are easy to find and buy at wholesale prices. However, there are some very real risks to look out for when trying to source your products.
Important things to know about brand-name product sourcing
1. Fake “factory authorized” distributors : It is a must that you buy your products from distributors that have been authorized by the manufacturer to wholesale their products. Most brand-name manufacturers will not sell directly to you, so you will need to go through... Read more »
by Rebecca Button on July 3rd, 2008
HAVE A SAFE AND HAPPY FOURTH OF JULY!
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by Leeia Ladipoh on June 9th, 2008
So what is a permanent wholesale mart anyway? Well, quite simply it’s a year round trade show (here is an example ). Business owners looking to find products can go to these marts to find a vast and varied selection any time they need to. This flexibility is one of the many advantages to using a wholesale mart to source products. Other benefits include an optional on site sales rep to assist you, a buyers directory of suppliers and product lines as well as supplier contact information, and finally at various points throughout the year some marts will host additional... Read more »
by Rebecca Button on June 6th, 2008
Online marketing agency, NETexponent, is tasked with creating a profitable business to business affiliate program for goWholesale
goWholesale , is recognized as a leading vertical search engine. Their goal is to offer wholesale buyers an efficient and quick way to find vendors and suppliers. goWholesale currently allows advertisers to promote their business through pay per click advertising, organic search listings, or via banner ads. In an attempt to further grow their business, goWholesale has partnered with NETexponent to launch and manage their B2B affiliate program. This program will allow websites to partner with goWholesale while receiving commission for every new... Read more »
by Rebecca Button on April 23rd, 2008
Our friends at DollarDays International , a Web-based virtual warehouse, where small business owners and charities can find great deals on small business-sized orders for more than 25,000 consumer products, have redesigned their website to be more customer friendly. The new and improved features include allowing customers to find exactly what they’re looking for with greater ease as well as the ability to enlarge pictures to see exactly what the products look like. Early tests of the new site indicate that the average order has increased over 8%. At the same time new customer registrations have already almost doubled from... Read more »
by Carrie Hinkel on April 4th, 2008
Many new small business owners have learned the hard way that a product’s wholesale cost isn’t always the same for everyone. They wrongly assume that the cost they’re getting from the manufacturer or distributor is the standard wholesale price, and are then shocked to see other retailers selling the same item for just a few dollars more than what their wholesale price was. Needless to say, all wholesale prices are not created equal, however, there are ways even a small retailer can level the playing field.
Don’t try to compete where you can’t – Think carefully about the products you... Read more »