http://www.gowholesale.com/news/articles/Product_Sourcing Wholesale News & Insights en-us Copyright 2007, goWholesale.com 2008-05-09T00:00+00:00 support@gowholesale.com support@gowholesale.com Wholesale News & Insights 1970-01-01T00:00+00:00 1 daily http://www.gowholesale.com/news/view/How_to_Track_Market_Tends_in_Order_to_Spot_New_Products_Early/ Whether you own a brick-and-mortar store or a website, continuously finding new and interesting products is crucial for any store's success. With so much competition it the retail arena, it's important that product sourcing is thought of as ongoing process, rather than something that is done just a couple times a year. Staying on top of industry trends and the newest products requires time and effort but, as a bonus, it can be fun too! goWholesale 2008-04-04T00:00+00:00 How to Track Market Tends in Order to Spot New Products Early http://www.gowholesale.com/news/view/How_to_Cope_with_Seasonal_Product_Demand/ The old adage says 'variety is the spice of life' - but if you are in business, you know that variety in customer purchasing patterns can be an extremely stressful issue to deal with. Some seasons will see a trend to fewer purchases - other months, everything you have on the shelves will be selling. While you can't change your customers' buying patterns or convince them to buy what they don't want, you can use a little logic, research and planning to try and get a better picture of when they are going to want things, what they may want and then prepare accordingly. goWholesale 2008-04-04T00:00+00:00 How to Cope with Seasonal Product Demand http://www.gowholesale.com/news/view/Tips_for_Renegotiating_Prices_and_Terms_With_Your_Suppliers/ Most business owners just accept their vendors' prices, payment terms, shipping terms, etc. as is, without ever questioning them or trying to renegotiate better terms. But the truth is, as a buyer, you have the leverage to get better pricing and terms - and it's all just a phone call away. Here's how. goWholesale 2008-03-27T00:00+00:00 Tips for Renegotiating Prices and Terms With Your Suppliers http://www.gowholesale.com/news/view/Sourcing_Products_at_Auction_Houses/ Specialty retailers looking for new ways to source products may want to consider visiting local live auctions on a regular basis. From a caseload of unopened mp3 players to valuable antiques whose beauty is hidden under a layer of dust, live auctions can hold a treasure trove of products for retailers. goWholesale 2008-03-20T00:00+00:00 Sourcing Products at Auction Houses http://www.gowholesale.com/news/view/Putting_Your_Best_Face_Forward_When_Doing_Business_With_Wholesale_Suppliers/ You have this great idea for a business. You've done all the research you think you need to do, decided what products to sell, set up your website, chosen your domain-you're ready to go. Now you need to find wholesale suppliers to work with in order to get the products you want to sell. As you begin looking, however, there are a few things to know about the proper way to do business with suppliers. goWholesale 2008-03-19T00:00+00:00 Putting Your Best Face Forward When Doing Business With Wholesale Suppliers http://www.gowholesale.com/news/view/Understanding_Your_Link_in_the_Supply_Chain/ In order to be effective in the supply chain, it is important to understand what a supply chain is and why it is important to implement a supply chain management system. Supply chain management is loosely defined as the process of moving a product from the manufacturer to the consumer. The different aspects of the process work closely together, forming a chain, which requires close attention and management. goWholesale 2008-03-17T00:00+00:00 Understanding Your Link in the Supply Chain http://www.gowholesale.com/news/view/How_Wholesale_Distributors_Can_Be_Held_Liable_For_Defective_Products/ Whether you are a wholesale distributor or the manufacturer, you could be held liable for defective products under certain laws and regulations that govern product liability. This could include any type of bodily injury or property damage losses from the product itself, packaging or anything related to the product use. goWholesale 2008-03-14T00:00+00:00 How Wholesale Distributors Can Be Held Liable For Defective Products http://www.gowholesale.com/news/view/The_Simple_Process_of_Drop_Shipping/ With thousands and thousands of online retailers, drop shipping has become one of the most popular ways of running a website behind the scenes. Basically, drop shipping allows a retailer to sell products without storing inventory, as their wholesaler or distributor stores and ships products to customers for a small fee. goWholesale 2008-03-12T00:00+00:00 The Simple Process of Drop Shipping http://www.gowholesale.com/news/view/Sourcing_Products_at_Permanent_Wholesale_Marts/ If you are like many small business owners, you are always on the hunt for new and better wholesale sources. You want to make sure you have the best merchandise possible, at the best price available. So - how do you find the best merchandise and price? goWholesale 2008-03-12T00:00+00:00 Sourcing Products at Permanent Wholesale Marts http://www.gowholesale.com/news/view/More_Retailers_are_Considering_Selling_OffPrice_ProductsYou_Should_Too/ For years, name-brand retailers have used off-price goods as special promotional items to attract customers to their store, with the hopes that they'll end up purchasing additional items from their full-price lines. Now, more and more retailers are using off-price retailing on a regular basis, and their customers have come to depend on the variety and the bargains. goWholesale 2008-03-11T00:00+00:00 More Retailers are Considering Selling Off-Price Products...You Should Too! http://www.gowholesale.com/news/view/Help_My_Biggest_Supplier_Has_Gone_Out_of_Business/ A critical supplier has just let you know that they are going out of business. What do you do now? Don't worry, here's how to handle it. goWholesale 2008-03-04T00:00+00:00 Help! My Biggest Supplier Has Gone Out of Business! http://www.gowholesale.com/news/view/Getting_Your_Product_Designs_Mass_Produced/ So - you have created something that you think you can sell to the masses. Having a prototype is great, but in order to get your items to the market you are going to need a way to mass produce them for people to buy. You should begin by amassing a list of companies you think can help you create your product. In this article, we'll take a look at how to do this. goWholesale 2008-02-27T00:00+00:00 Getting Your Product Designs Mass Produced http://www.gowholesale.com/news/view/Trash_or_Treasure__How_To_Source_And_Sell_Used_Products/ If you are looking for the right business market and merchandise, you may be looking at the new items market - items other businesses aren't already selling. There are a number of ways to get into business selling used products. The old adage "one man's trash is another man's treasure" certainly is true. goWholesale 2008-02-25T00:00+00:00 Trash or Treasure -- How To Source And Sell Used Products http://www.gowholesale.com/news/view/Working_With_OEMs__A_Viable_and_Valuable_Option/ One of the biggest concerns for any business owner is how to keep costs down and profits up. The fewer overheads you have, the more profit you'll make on selling your products or services. One way that you can lessen the costs, especially if you're in the manufacturing, retail or wholesale trade, is by using OEM's, or Original Equipment Manufacturers. goWholesale 2008-02-20T00:00+00:00 Working With OEMs - A Viable (and Valuable) Option http://www.gowholesale.com/news/view/Your_Own_Private_Product_Line_Getting_Into_the_Private_Label_Game/ Selling private label products might sound very mysterious and expensive; but the reality is that being able to say you have your own brand does not have to be that expensive. In many industries, developing your own products can take weeks or months of research and development, not to mention manufacturing. In addition it takes time, money and effort. goWholesale 2008-02-19T00:00+00:00 Your Own Private Product Line: Getting Into the Private Label Game http://www.gowholesale.com/news/view/A_Glossary_of_Common_Product_Sourcing_Terms/ If you are considering buying products wholesale, it's a good idea to familiarize yourself with common industry terms. That way you won't find yourself in a situation where you're agreeing to something that you thought meant something else! Here is a list of some of the most common terms you'll come across when trying to source products. goWholesale 2008-02-15T00:00+00:00 A Glossary of Common Product Sourcing Terms