Flea Markets in a holding pattern

Is there any industry still untouched by COVID? Maybe, but unfortunately, the Flea Market industry isn’t one of them, just like most businesses, markets have been hit hard by this epidemic.  Even those markets sprawled out in fields, you know, those hidden gems that locals love to populate on lazy Sunday afternoons – yup those too.

A successful market is a crowded market and that’s a big problem in 2020.  With this in mind, many states have enacted executive orders preventing markets from even operating.  If you are lucky enough to reside in a state allowing markets to operate, they do so only when certain conditions are met.  These can include limits on market capacity, required face masks, social distancing, and limits on vendor booths.   Although the restrictions are necessary and important, these restrictions have taken a toll on the whole Flea Market experience.  People attend markets to socialize, browse, shop, enjoy carnival like treats and most importantly RELAX.  The experience has become stressful and fearful, as a result, market attendance is at an all time low.

 

Continue reading Flea Markets in a holding pattern

Play NICE with your competition 😊

The proverb you can catch more flies with honey than with vinegar means it’s much easier to get what you want by being polite rather than by being rude.  Quite a simple concept but one sometimes lost between businesses competing for the same market.  We’ve all been there, that moment when a salesperson starts slinging mud at the “other guy”, these conversations can be awkward and even uncomfortable.  This type of behavior says A LOT more about the one talking than it does about the one being talked about.

Continue reading Play NICE with your competition 😊

CHAMPS VIRTUAL SHOW – July 7th, 8th and 9th, 2020

CHAMPS TRADE SHOWS invites you to participate in the first TRUE virtual trade show for the counter-culture industry!

What is a CHAMPS Virtual Trade Show? It’s a complete virtual landscape where they will digitally create the full CHAMPS Trade Shows experience. This isn’t a simple Zoom Room or a website, this is the largest B2B networking trade show ever fully built out within a virtual landscape. Completely unlike any other that you’ve seen before. Don’t worry, CHAMPS will be there to help you every step of the way on using their new platform.

CHAMPS is excited to be able to offer you this incredible digital experience this July 7th, 8th, and 9th from 10AM to 5PM PST DAILY. Please register today and experience the show of tomorrow.

Supply Chain Rebooting?

Microsoft and Apple have both announced updates to their revenue guidance Q3, FY2020.  A slow supply chain has been one of several reasons provided for these altered forecasts. Goldman Sachs has predicted that “US companies will generate no earnings growth in 2020. We have updated our earnings model to incorporate the likelihood that the virus becomes widespread.”  This is just some of the fallout COVID-19 otherwise known as coronavirus is having on the global economy.  The report further states, “If COVID-19 spreads rapidly, supply chain delays could persist, US consumer demand could plummet, and firms could lay off workers in an effort to maintain margins,”

 

When a significant supply chain is all but stopped, starting again can be slow going. Industry giant Coca-Cola has become concerned that supply chain shortages could impact its beverages, those which have ingredients sourced directly from China.

The CDC has warned that COVID-19 will continue to spread, consumers in areas of infection can’t shop for products, shops find themselves without customers and close, factories then lay off workers and the cycle repeats.  If the outbreak is limited to mostly China activity could return to normal by 2nd QTR.  Unfortunately, the spread seems inevitable and is no longer if but when.

So, what can businesses do? planning for possible disruptions is going to be their best course of action, suppliers should ensure they have alternative supply sources ready.  They should also take advantage of supplies that are available now, they may not be later.

Start Finding NEW suppliers at GetThatWholesale.com

Working with NEW Sources – Tips!

Look for a GREAT first impression

You’re probably going to be cold calling a wide variety of potential suppliers. Those first impressions provide a basic sense of what they might be like to work with.  Watch out, for those that are slow to provide responses, images, product details, or shipping rates. It may mean they don’t value those core customer service basics, they’re understaffed, or they’re disorganized.

Avoid businesses that don’t publish a phone number, email is ok but for some things, a call is absolutely really necessary, if you cannot call them now – you won’t be able to later if there is a problem.

get connected Continue reading Working with NEW Sources – Tips!

Not too HOT or COLD but JUST RIGHT!! 2019

According to Wikipedia, “A Goldilocks economy is an economy that is not too hot or cold, in other words, sustains moderate economic growth, and that has low inflation, which allows a market-friendly monetary policy. The name comes from the children’s story The Three Bears.”

Continue reading Not too HOT or COLD but JUST RIGHT!! 2019

New Attractions at CHAMPS Trade Shows!

As CHAMPS Trade Shows celebrates its twentieth anniversary, it’s clear that the cannabis industry has evolved. Over 20 years, the number of exhibitors who attend CHAMPS Trade Shows has multiplied. Exhibitors now include businesses that serve every aspect of the cannabis marketplace and every whim of the consumer. Hemp products, vaporizers, cigarette papers, lighters, credit card companies, POS systems, insurance providers, clothing, incense, candles, jewelry, media outlets and more are all represented at CHAMPS.

CHAMPS has expanded its own reach within the industry. Earlier this year, the massive B2B trade show introduced a new division: Dispensary+

It goes without saying that a popular cannabis dispensary is a busy place. But the needs of a dispensary are very different from those of a smoke shop. Consumers visit a dispensary to fulfill their medical needs or purchase recreational cannabis. It’s not their intention to buy a high-end glass piece or browse racks of cannabis-themed clothing.

Customer service is of the utmost concern. Addressing the needs of medical patients requires expertise and compassion. And if a dispensary is located in a state where recreational cannabis has been legalized, a large population of cannabis consumers means that operational demands are even more challenging. Furthermore, the range of cannabis products expands daily, it seems—edibles, oils, tinctures, CBD products, genetics. It takes a virtual juggler to keep that many balls in the air!

Continue reading New Attractions at CHAMPS Trade Shows!

Bikers Against Child Abuse

This blog post has nothing at all to do with our business our even our industry, we have decided to step outside the box this month to recognize the wonderful work done by a nationally recognized non-profit known as Bikers Against Child Abuse or B.A.C.A.   Founded in 1995 by a licensed play therapist, these bikers have formed to empower children to no longer be afraid of the world they live in.  Approximately 5 children die every day because of child abuse. 1 out of 3 girls and 1 out of 5 boys will be sexually abused before they reach age 18.  According to their website, they perform one mission, that’s empowering abused kids.

Logo’s and content used for editorial and informational purposes only

After almost 25 years this group of bikers is now an international organization that has touched the lives of countless children and families. They bring wounded and abused children into their biker family and provide them with emotional and physical support. Abused children within the court system can count on these men and woman to accompany them to court, often providing them with a safe and secure escort. They literally become the obstacle between the child and further abuse. If a child needs therapy B.A.C.A can assist the family financially to ensure necessary and critical therapies are received, all donations to this group go towards helping the kids, the organization has no paid members.

A recent clinical study (2017) conducted by Southwestern University indicated promising results that participating children experienced a decrease in emotional stress following B.A.C.A. intervention.  Donations are welcomed and can be sent directly to any chapter of your choice.  We cannot say enough good things about this group of folks and are happy to be featuring them this month, keep up the good work!!

A national helpline is available to families that may be in need, 1-866-71-ABUSE  or (1-866-712-2873).

Our state of Connecticut has two chapters, East and West.

Connecticut Chapter
Help Line: 860-420-7388
PO Box 561
Norwich, CT 06360

Western CT Chapter
Help Line: 203-501-9324
PO Box 794
Bethel, CT 06801

Logo’s and content used for editorial and informational purposes only, links provided are solely for the convenience of users and do not represent any endorsement, advertisement or sponsorship. GetThatWholesale is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Bikers Against Child Abuse

Getting a Return on Your Investment

Returned merchandise is big business and a tremendous opportunity for small retailers of every kind.  You get practically new, name brand products at unbeatable wholesale prices.

 

11% of all purchases nationwide are returned.  Customer Returns have created a billion-dollar industry for those who know how to flip these products into profit.  Many secondary marketplaces have sprung up to capitalize on the industry, they acquire refurbished and used items and then flip them back to businesses at almost cost.

 

Continue reading Getting a Return on Your Investment

Support Veteran owned Businesses

We are all familiar with the holidays designated to celebrate and commemorate those who have served and sacrificed so much to protect our country and our freedoms.  Recognizing our veterans at these times is wonderful but many often go unnoticed once they return from military service.  These brave men and woman blend into society, many start businesses of their own employing other veterans.

Supporting veteran owned businesses is good business, your wallet has a voice. Next time you are looking to source merchandise consider patronizing one of these companies.

This month we highlight one of these veteran owned businesses, Safety Technology.

Founded in 1986 by Michael Gravette and his wife Nancy, Safety Technology believes that every person has the right to self-defense. They support this right by providing a full selection of non-lethal self-defense devices, hidden cameras, survival gear and surveillance systems through their Network of Authorized Dealers.

Michael joined the Air Force in 1967 and was selected for Intelligence School, later given Top Secret Clearance, then upgraded to SSIR; Super Sensitive Information Restricted. In 1969, at Tan Son Nhut Air Force Base in Saigon, Michael was responsible for reviewing film taken by reconnaissance planes. He would look for troop movement, truck convoys, hidden AAA sites (anti-aircraft artillery) and SAM sites (Surface to Air Missile) that could shoot down our pilots. Michael’s intelligence reports were not only used by the Air Force, but also the Army, Navy, Marines and the Pentagon.  Michael served his country well, and came home to a country divided, definitely not to a hero’s welcome. Incidentally, little did he know he would be in the “spy business” someday! Continue reading Support Veteran owned Businesses

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