Things to Consider Before Choosing Wholesale General Merchandise Vendors

May 12
07:10

2011

Bob B. Hamilton

Bob B. Hamilton

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There are many things you need to consider when trying to find a wholesale general merchandise company to work with. In this article I give you a few tips regarding some of the most important criteria to consider.

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If  there is one challenge which is recognized by every person considering  opening a dollar store,Things to Consider Before Choosing Wholesale General Merchandise Vendors Articles it is the importance of the wholesale general  merchandise vendors selected to provide products to their new business.   Most assume the only thing of concern is if the products are available  at a cheap price.  Yet there is much more to it.  While you must be able  to turn around and sell the wholesale products you purchase to others  for a nice profit, you must also be confident the products meet shopper  needs and provide true value.

There are many things you need to  consider when trying to find a wholesale general merchandise company to  work with.  In this article I give you a few tips regarding some of the  most important criteria to consider.
  1. One  of the most important things to consider when searching for wholesale  vendors is their price.  Your profit margin depends on the wholesale  prices you pay for your products.  Therefore, make sure you compare the  wholesale pricing offered by different companies before you settle on  one.

  2. Another  important consideration is whether the wholesale products being offered  to you will sell in your store.  While today's dollar store shoppers  are bargain hunters, they are also well-informed about the products  available at dollar stores.  Many of their buying decisions are made  based on the value offered.  Considerations include brand name or not,  pricing, packaging, ingredients, where manufactured, quantity and more.

  3. Distance  from your location can be an important factor.  While there are  exceptions, you definitely want to factor in the location of potential  new wholesale vendors.  Freight costs can increase quickly as the  distance grows.  The exceptions, of course, are companies offering free  freight or freight caps.

  4. One  of the next things you need to think about when choosing a vendor to  work with is their delivery time.  You do not want to wait around  forever for your products to finally reach you.  That is one reason it  is so important you choose to work with a company with a quick order  process so products are quickly on the road once you have placed an  order.

  5. You  should also be aware that some wholesale vendors do require you to  order items in large quantities.  For a smaller store this can be a  major problem.  Other vendors may be able to offer inner carton  quantities.  Just make sure you are aware of this upfront and choose a  vendor meeting your specific needs.
These  are some of the most important considerations when searching for  wholesale general merchandise vendors to support your dollar store  business.  Take your time and compare vendors before making a final  decision.  Make sure the final vendors you select can meet your needs.