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Business How To's Wholesale

5 Tips for working with a NEW Supplier.

So you found a new supplier, that’s great!  Here are some helpful tips towards long term success.

 

  1. First Impressions count!

When starting out or even after your business is established you’re probably going to be cold calling a wide variety of potential suppliers. Those first impressions will give you 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.

I specifically avoid businesses that do not provide a phone number to call them, email is ok but for some things a call is absolutely really necessary. This is one of those times, if you cannot call them now – you won’t be able to later if there is a problem.

  1. Communication is KING

Once you have started a relationship, keep your communication door wide open.  This could mean all the difference when your supplier decides to discontinue a certain product or worse experiences procurement issues.  Finding out you cannot fulfill an order for your own customers is never good for business.  Always keep the lines of communication open and you can avoid most obstacles with lots of notice.

 

  1. Become “Friends”

Social media is a great way to stay informed.  Suppliers routinely use this platform to provide specials, deals and one-time offers.  Follow your suppliers and stay on top of what they post, you could easily find yourself in an advantageous position just for being a “friend”.  This also provides another method of communication, definitely a plus.

 

  1. One is none and TWO is one…

It’s never wise to have all of one product come from one supplier. A supplier can close down, suffer health issues, fail to procure product on time, or run into shipping difficulties. Keep yourself covered and try to spread yourself out among several, this way you should always have a source if needed.  Suppliers know you get products elsewhere so there is no need to hide this fact, if they ask tell them and you might find yourself receiving better customer service since they know you have options.

 

  1. Nobody’s perfect

Everybody wants the best deal, experience etc. Applying perfect expectations to any supplier is ultimately going to provide you with disappoint.  Remember this works both ways, all relationships require both sides to put in work.  You can hold suppliers accountable while still be reasonable.  You might be surprised how well your understanding and patience is received.

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Business China Clothing E-commerce Ebay Holiday News Hot off the press How To's Jewelry Licensed Merchandise Pet Supplies Retailers Self Defense/Security Shoes and Footwear Strange and Weird trade shows Trends Wholesale

Batten down the hatches – Black Friday is coming!

Some are starting to smile while others cringe…here it comes again, Black Friday.

Referred to as the creme de la creme of buying and selling, and it’s only a week away.

Adobe’s Digital Index shows that last year’s Black Friday set the bar high, with consumers spending $2.4 billion online, an almost 24% increase from the prior year. This year, according to some estimates, that spend line is increasing even more. Especially with e-commerce continuing to grow in the double digits, something it has done for several years in a row now.

bfriday

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Books Holiday News Hot off the press Retailers Wholesale

Forum Publishing set to celebrate 30th year servicing the industry!

In May 2011 Martin Stevens and Forum Publishing Company will celebrate its 30th Anniversary servicing the wholesale/retail industry. The first magazine the company published called Flea Market Forum was launched with 100.00 and crossed fingers, as it would be the first magazine for flea market vendors in the business. With a 100.00 investment for a brochure and mailing, after two months enough funds were raised to print the first edition, which was a local tri-state 24 page newspaper. Martin personally handed out the copies at flea markets throughout New York, New Jersey and Connecticut by driving them over and walking the aisles.

 

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Business E-commerce Featured Wholesalers Holiday News Hot off the press How To's Retailers Trends Uncategorized Wholesale

NEW !! “Source with Confidence” badge.

When buyers are your life blood it makes sense to listen very carefully when they speak. We do!

GetThatWholesale is proud to announce a brand new tool for our buyers to use.

We call it the “Source with Confidence” badge and buyers will find this new tool very useful. Over the years buyers have provided us feedback related to our directory and of course the suppliers within it. One consistent and common concern has always been the need to connect with only qualified wholesale suppliers. GetThatWholesale has always considered this a top priority and we are finishing out 2010 by taking this consideration one step further. We have implemented the “Source with Confidence” badge for suppliers that meet a higher standard of buyer sourcing safety.

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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.

Categories
Business China Clothing E-commerce Ebay Featured Wholesalers Holiday News Hot off the press Jewelry Licensed Merchandise Retailers Self Defense/Security Wholesale

GENCO MARKETPLACE Launches – NoBetterDeal.com

 

GENCO Marketplace Launches Online Store for Bargain Shoppers – NoBetterDeal.com

 

New site targets shoppers ready to buy at the lowest available price

 

PITTSBURGH, Pa. – March 3, 2009 – GENCO Supply Chain Solutions, North America’s second largest and a Global Top 50 third-party logistics provider, today announced the launch of NoBetterDeal.com – an online B2C store where bargain shoppers can purchase high-quality surplus inventory and retail returns at below wholesale prices.

 

 

 

Categories
China E-commerce Wholesale

Maximize Profits When You Buy Closeouts

If you are planning to start out a business but do not yet know what to engage into, you should take into considerations the possibilities of retailing closeouts. Many people would buy closeouts simply because they are cheap and if you would really spend enough time rummaging through the stocks, you can always find good quality merchandize somewhere among the heaps. Closeouts are actually one of the best ways to stock your store as you can buy closeouts are minimal cost and sell it a double or three times the price depending on the condition of the item.

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China E-commerce Ebay Wholesale

Importing from China

You may be able to find a new business opportunity or profit growth by directly importing products from china. It can be complicated, but it can pay off in both immediate profit and long-term success. The process is becoming easier and easier thanks to the trend of globalization and advances in international trade technology.