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Hot off the press Retailers Trends Wholesale

Increasing Profit within the Secondary Market

Every year over half a million businesses are created in the United States.  Approximately one third of these start-ups are retail businesses.  A large portion of these businesses will focus on the “Secondary Market”. This marketplace offers great advantages and high rewards but you need to be well prepared.  Finding the right supplier to source products from is critical.

Secondary Market products consist of Closeouts, Surplus Goods, Customer Returns, Liquidated Items, and any product that is not sold after its initial manufacture. Many companies specialize in secondary market purchases and reselling.  Resellers might experience some level of unsellable merchandise in these types of wholesale orders but not always.  Retailers will be hard pressed to find a cheaper source of merchandise than secondary market items and these products can be a great way to turn a profit.

Working within the Secondary Market is more than knowing just your product niche; you also have to know how to sell products with a variety of quality conditions.  Getting creative is essential for moving not only the good products but also the less desirable ones.  A good strategy is to start small by purchasing a few pallets and working your way up to buying full truckloads.  If buying smaller loads is an obstacle, you might need to consider your source. Remember, where you get your products is just as important as what you get, especially when sourcing surplus goods.

To gain additional insight into this industry we spoke with Michael Lawrence of DirectLiquidation.com.  His company represents one of the fastest growing marketplaces for Surplus Merchandise.  

Categories
Jewelry Trends Uncategorized Wholesale

Wholesale Shell Jewelry

Walk into any gift shop along the beach, and you’ll find a jewelry display filled with  wholesale shell jewelry.  I’m talking about those seashell necklaces, bracelets and anklets that are commonly worn by teen boys and girls. It’s a trend that’s been around for decades, a one will likely continue on for years to come.
Shop owners love to carry this product for several reasons.  First off, it offers great margins, an average of 3.5 – 4 time mark-ups.  The initial inventory cost to fill a display is relatively low, usually in the neighborhood of $1,500 (vs. $2,500 for most other fashion jewelry programs).  Finally, there’s really no shelf life on this product.  When boutique style necklaces are coming in and out of fashion, and those last pieces of silver plated bracelets are tarnishing – shell jewelry still looks as great as the day it was purchased, and continues to remain popular amongst beach goers and vacationers.
So, look around, browse the gethatwholesale.com directory, and find a supplier or distributor with a mix of unique and popular styles of wholesale jewelry, and don’t miss out on this staple and lucrative program.

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Business E-commerce Hot off the press Retailers Wholesale

GetThatWholesale promotes at IRCE 2009′

GetThatWholesale.com presented its wholesale directory model to internet retailers and suppliers alike at the fifth annual IRCE 2009. The event held at the Boston Convention & Exhibition Center June 15-19 was truly a beneficial show to attend. Through an exclusive partnership agreement GetThatWholesale.com is the Official Wholesaler Directory for Internet Retailer.

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Business China Clothing E-commerce Ebay Featured Wholesalers Holiday News Hot off the press Jewelry Licensed Merchandise Retailers Self Defense/Security Strange and Weird trade shows Uncategorized Wholesale

GTW-Big plans for 2009′

Almost all of us have experienced the frustration of irrelevant search results when seeking items of interest online. It is begrudgingly excepted as an unavoidable speed bump while surfing the Internet highway. What recourse do we really have? We simply bow to the Internet search God’s having their will imposed upon us.

GetThatWholesale.com has removed the proverbial speed bump for the wholesale industry. A directory or “search engine” is only as good as it’s results. This becomes even more important when the directory speaks to a single industry. Wholesale buyers, like most buyers don’t enjoy wasting time, they are interested in finding quality suppliers and they want them yesterday.  GetThatWholesale has amassed close to 4,000 qualified wholesale suppliers in just 1 year. They attribute their success to quality control and plain old fashioned common sense. All wholesale suppliers who request inclusion to the GTW directory must be verified prior to being published in any one of GTW’s 60 product categories. Verification ensures that buyers who source product at GTW find only true wholesale suppliers, saving everyone involved precious time and $$

Buyers conducting supplier or product searches at GetThatWholesale will enjoy a breath of fresh air. Searching the Fashion Accessories category on GTW for instance will result in over 12 pages of honest to goodness wholesale suppliers. Looking for phony results chocked full of ad-sense and meaningless fluff? GTW has none of it.

GTW offers no phony lists to buy and charges no admission fees. What they do offer is a valuable resource to the wholesale industry, providing buyers and suppliers alike with a FREE meet and greet. Buyers find quality suppliers and suppliers enjoy increased response and inclusion to the Internets largest portal to source wholesale.

GetThatWholesale has surprised many by accomplishing so much in just a single year. With a business model that continues to defy the naysayers and shows no sign of slowing, the future looks bright for staff at GTW. Their growth is inevitable and because they allow all suppliers FREE inclusion their product becomes more valuable and more relevant everyday. Buyers want to shop at the largest mall not the smallest, they demand choice and GTW delivers BIG. Unlike membership based websites and pay-per click driven portals, GTW’s growth is literally limitless.

Executives at GTW feel that focused marketing and not splatter marketing has been a driving success behind satisfying clients. What many suppliers must realize and critically analyze is that not all traffic is “response” traffic. GetThatWholesale’s Vice President of Sales and Business Development Fred Mills said “We have aligned ourselves with industry leaders, those companies that have a proven track record and respect within the wholesale marketplace. Companies who believe strongly in the GTW model and our high level of ethics.” “It has always been about quality with GTW and not simply quantity, having 10,000 visits to your site without a single order has achieved nothing, unfortunately it may have cost you a bundle.” Wholesale suppliers who conduct paid advertising campaigns with GTW enjoy reasonable flat rates with no limits on the traffic.

GetThatWholesale has many new developments and exciting projects planned for 2009′. President and CEO of GTW Robert Light said “We broke ground when we implemented a FREE inclusion directory for the wholesale industry, we plan on taking that shovel to the ground again in 2009′. It is a very exciting time for all of us at GTW and we look forward to many great things to come.”

Through an exclusive agreement with Vertical Web Media GetThatWholesale.com is the Official Wholesaler Directory for Internet Retailer

Internet Retailer Conference and Exhibition 2009

Visit http://www.getthatwholesale.com/ for more information.