suppliers
Published September 25th, 2008
If you want to make a profit by buying and selling wholesale clothing, there are a few important things that you will need to know. You can’t just take a leap into the business unaware of what you should buy and what customers are looking for. Many wholesale businesses will fail because they went into business blindly. Follow these three suggestions and you are sure to be a success.
Odd Sizes can be a Good Thing
When you are purchasing wholesale clothing you have to realize that the odd sizes can be a very good thing. First of all odd... Read more
Tags: articlebiz.com, brent crouch, clothing suppliers, cross selling, jillian distributors, Product Sourcing, source, suppliers, wholesale, wholesale clothing
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Well hopefully you don’t have one single supplier! If one of your major suppliers does in fact notify you that they are closing their doors, there’s no need to panic. Simply contact your other supplier(s) and speak with them about the possibility of you moving more business their way. Determine if they can handle the new demand and talk about pricing options with them (as they may offer a discount for more business). Also remember to contact the supplier that is going out of business and ask if they have any products that they can still supply you. If they... Read more
Tags: advice, Product Sourcing, Rebecca Button, small business, source, Starting a Business, suppliers, tips, vendors
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Going into a retail business for yourself means taking risks with your money and your future. Not only do you have to worry about finding customers and keeping positive cash flow, you have to keep a steady supply of merchandise. This means finding a reliable supplier or distributor. But with just as many fraudulent or overpriced suppliers as there are legitimate distributors, committing to a supplier can be a scary thing.
Good business sense can help you avoid many of the scams out there, but there is no way to avoid them all. Fortunately, a scammer’s charade is never impervious.... Read more
Tags: advice, jennifer ratliff, Product Sourcing, source, supplier red flags, suppliers, tips, vendors, warnings
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Published March 27th, 2008
Most business owners just accept their vendors’ prices, payment terms, shipping terms, etc. as is, without ever questioning them or trying to renegotiate better terms. But the truth is, as a buyer, you have the leverage to get better pricing and terms - and it’s all just a phone call away. Here’s how:
Getting better prices on products
There are a few tactics you can use to lower your current wholesale pricing. The first is using an increased order quantity to get a discount. Let your suppliers know that you are willing in increase your standard order size in exchange... Read more
Tags: advice, Carrie Hinkel, Product Sourcing, source, sourcing products, suppliers, tips, working with suppliers
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Published March 19th, 2008
You have this great idea for a business. You’ve done all the research you think you need to do, decided what products to sell, set up your website, chosen your domain-you’re ready to go. Now you need to find wholesale suppliers to work with in order to get the products you want to sell. As you begin looking, however, there are a few things to know about the proper way to do business with suppliers.
Unfortunately, when you contact the wholesale distributor that you would like to use they ask for your Tax ID number. So, you start looking for... Read more
Tags: advice, larry Slusser, Product Sourcing, source, suppliers, tips, wholesale, wholesale suppliers
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Published March 17th, 2008
In order to be effective in the supply chain, it is important to understand what a supply chain is and why it is important to implement a supply chain management system. Supply chain management is loosely defined as the process of moving a product from the manufacturer to the consumer. The different aspects of the process work closely together, forming a chain, which requires close attention and management.
There are some processes that are very simple with only a couple of different suppliers. There are other processes that are extremely complex that require several suppliers, where a solid supply chain... Read more
Tags: advice, larry Slusser, Product Sourcing, source, suppliers, supply chain, tips
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Published March 4th, 2008
A critical supplier has just let you know that they are going out of business. What do you do now? The action you can take will depend on how they are planning to go out of business and the type of company structure their business is, such as a sole proprietorship or a corporation.
There are two very critical steps you need to take right away. First, get a hold of your alternate supplier for the product and let them know you are going to be moving some more business their way. Don’t be desperate, just talk about if they... Read more
Tags: advice, larry Slusser, planning, Product Sourcing, source, suppliers, tips
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Published February 11th, 2008
One of the key points that governments worldwide are trying to get over to businesses of all sizes is to become greener. With pressure from consumer groups and health authorities, making sure everyone is as environmentally friendly as possible is big news for the political parties. It’s not just the big corporations either - everything from small one-person businesses to small-to-medium companies are being targeted. So how can you make sure you fall into line?
One of the best ways to do this is to source locally. This works on two levels as well - not only is it a... Read more
Tags: cutting costs, danny brown, going green, Product Sourcing, source, sourcing locally, suppliers
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Published January 28th, 2008
While there are many legitimate businesses out there looking to build an honest relationship with your company, there are, unfortunately, many others out there with less than honest intensions.
If you have been the victim of one of these scammers, you may feel there is nothing you can do. You may also think that the person who took advantage of you - and took your money - is long gone. But the truth is that you can take a stand against what happened, and possibly help the authorities keep it from happening to someone else.
How to Find Out About... Read more
Tags: advice, Leeia Ladpoh, Product Sourcing, scams, source, suppliers, tips
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Published January 25th, 2008
Once you’re ready to get into business, you need a reliable supplier of goods to make sure you have the items you need, when you need them and ready to sell.
But how do you go about finding a wholesale supplier?
It’s important to know that not all wholesalers will work with everyone. Some are only regional or only work with retailers of particular size. With that said, you may also want to be picky about which wholesalers you use. The further a wholesaler is from you, the more you are going to have to pay to have items shipped... Read more
Tags: advice, Leeia Ladipoh, Product Sourcing, source, sourcing products, suppliers, tips, wholesale, wholesale suppliers
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