If you are a business owner, market trader or entrepreneur you will know that keeping overheads down and profits up is essential for maximising profit. As such, it makes sense to buy your stock from wholesale dealers. But with so many websites selling merchandise in bulk how can you tell the difference between a great deal and a headache waiting to happen?
- Choose wholesale dealers who are local
It can be tempting to use suppliers from across the globe but it can prove to be a nightmare especially when you take into consideration time differences and language barriers. That is before we even think about shipping expenses, customs and quality. Waiting weeks for an order or to rectify a mistake costs you money. Choosing UK based wholesale dealers helps you to avoid all these hiccups. However, make sure the supplier you choose has a working contact number so you can discuss any issues and they can answer any questions regarding orders.
- Look for wholesaler dealers who offer discounts when you buy more
It stands to reason that if you spend more with a wholesale supplier then you should get a bigger discount but not all sellers will do this so check before you buy. While it is often tempting to buy a small amount of stock before committing to a bigger order, it is worth remembering that the more you save, the more profits you make. Shipping and VAT will also be have to be paid again if you keep buying stock in small amounts.
- Do your research
TV shows like Dragon’s Den are enough to unleash the entrepreneur in all of us but any successful business owner will tell you that one of the most important aspects of business is research. Work out what sells well, who your customers are and sell your produce where they will be. Ask your supplier what their best sellers are and consider your marketing campaign before you spend any cash. Also consider how long they have been around and whether you can get the items you are purchasing again. Nothing puts a dampener on a business like their best selling items being out of stock. So be careful to choose a wholesaler and distributor that’s reliable and well established. Sell4Profit offer artificial jewellery wholesale, and as we have been around for almost two decades you can rest assured you will get the best deal and fantastic quality whether you want to buy gold-plated chains, wholesale watches, or a combination of jewels. Get in touch for your bulk order discount today.