Discount wholesale merchandise does exist. This is where you can sell your products at prices that are less than what they cost to produce, but still at the same quality you would expect. With a little creativity and marketing skills, you can get discounts on your wholesale merchandise.
Before you run out and start pitching your customers a sales pitch, take the time to read the description of the products you are selling. Check to see if there are any terms or laws regarding selling products in this manner. You do not want to fall foul of any federal or state regulations that prohibit you from selling your merchandise at prices below market value.
You may think that you can simply sell wholesale items from a wholesale supplier, but you may be surprised at how difficult it is to do this type of retail sales. If you are dealing with a supplier, you have to make sure that your wholesale items are available at the minimum quantity allowed by the supplier. You also need to be sure that you get your wholesale supplier to deliver the items in time for you to get them to your customers in time for them to pay. Sometimes it is not that easy.
Because of this, some wholesalers will allow you to sell the wholesale merchandise in lots of ten or twenty. However, you will need to have ten to twenty people working on getting these sales so that they can cover their costs and your profit margin. This is more work, but you may find that you are able to make a small profit with this strategy.
To start the process, the first thing you will need to do is to find a wholesaler that can take orders for your merchandise. The internet is a great place to look because there are online directories of wholesale merchants who have websites that you can browse through and look at the products they have available.
You may find that they sell a few different products that are all used by many different companies. You will be able to sort through their inventory and determine which products you would like to sell. You may need to study your product line, but you should be able to get a good idea of which products you would like to sell.
When you know what products you want to sell, it is time to talk to the wholesaler about purchasing merchandise for you. This will involve setting up a business account with the wholesaler and possibly setting up a warehouse location to store the merchandise. You will also need to check to see how they handle returns on products.
This is why you need to be cautious about discount wholesale merchandise. Some stores will sell products in bulk for a lower price, but will not return them when a customer decides they don’t like the product. They will not allow you to return the product until you order another one.
After you have the right wholesale merchant to do business with, it is time to start making the sales. You will need to find an area of the store that has a high foot traffic, and then start promoting the merchandise with flyers, banners, and posters. This will get the word out that you are available to sell wholesale merchandise.
Another way to sell discount wholesale merchandise is to promote the sale by placing a telephone call to the potential customer. You will need to create a script that explains the value of the merchandise and how to order to get a low price.
When you place the telephone call, ask the customer for their name and telephone number. Tell them about the discounts you can give them and explain the process of making the order. Then make sure you know how long it will take for them to receive the goods.
If you do everything properly, you should have many customers requesting your products. Of course, you want to make sure you are making enough sales to cover your costs. But you will also be making good money from the sales of your wholesale merchandise.