Wholesale Buying Tips

Wholesale Buying Tips

If you're a small business owner and looking to save money (who isn't!), buying in wholesale definitely has its advantages. You not only get products for less, but also a guaranteed supply of products so that you always have what you need on hand. Most wholesalers give short-term credit to their regular customers, so buying wholesale can also help you to manage your finances more efficiently. Here are two things to consider when buying wholesale.

Research the Products

It's always a good idea to have a fair idea of the products that you intend to buy. If you have been repeatedly buying a particular product, then you already know a lot about it; but if buying for the first time, then its better to research a bit before starting out. By doing your homework, when you approach a new wholesaler, you will look more professional if you know what you are looking for, and will gain their respect. This could translate into the wholesaler giving you better rates, especially if they think that you are going to buy regularly.

First Contact by Phone

When approaching a new wholesaler, the first contact should be made by a phone call, or if possible, by paying them a visit. Contacting a wholesaler for the first time online through the wholesaler's website or through e-mail is not really recommended, as the e-mail may get lost in a spam filter. Additionally, the wholesaler might not consider you to be a genuine buyer, but just someone who is rate shopping if you do it through a web site. A phone call or a personal conversation is the best way to make first contact – it is more personal, and the wholesaler will also know clearly that you mean business.

Buying wholesale can save your business a considerable amount of money. Just make sure that you do your homework first.

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