When it comes to purchasing stock from suppliers, bulk ordering is a common choice in the retail world. Purchasing stock in bulk from a wholesaler is almost always the best way to secure the lowest price per unit, which in turn allows you as the retailer to offer your customers competitive prices as well as maximising profit margins on each sale.
Many of our clients choose to bulk order their products from suppliers, and we at Decentsourcing are committed to helping our clients with this process, every step of the way.
What we do
In recent years, China has become a ‘world factory’, producing goods of all kinds in large quantities and at low prices. Thousands of factories of all sizes have sprung up all around China and have become the go-to source of goods for businesses and retailers around the world.
Many business owners outside of China regularly choose to source their products from the Chinese market, however difficulties regularly arise due to language barriers, cultural differences and variations in engineering standards.
Decentsourcing works with clients and suppliers to solve all of these problems. We help our clients to source the best quality and value products directly from factories. Going forward, we are able to assist with all stages of the bulk ordering process, such as helping our clients to communicate with their suppliers, obtaining quotations, checking product qualities, carrying out factory audits, and storing goods before eventually shipping them internationally.
We know how to secure the best deal for you when it comes to the bulk ordering of goods, and with our expertise in the market and our resources for storage and shipping, we can ensure that your wholesale experience goes smoothly, every step of the way.
Why buy wholesale?
There are lots of reasons why purchasing in bulk from a wholesaler is a sensible option for retailers who want to make the best profit margins on their stock.
Wholesalers will usually stipulate a minimum order on their goods, but the upside to this is that they will almost always be offering a highly competitive rate per-unit. If you are confident that the products you are purchasing will be popular with your customers and that you can make sufficient sales to justify a large order, purchasing stock in this way can give you the best chance of achieving high profit margins on your sales, whilst also allowing you to price your items competitively.
If you are looking to buy and sell branded merchandise, purchasing from a wholesaler will often be the cheapest way of obtaining goods from brands that your customers know and trust. Wholesalers are also likely to be able to offer a large variety of goods, so you will have plenty to choose from when it comes to stocking up!
If you are able to obtain a large amount of your business’ products from just one or two wholesalers, this can also significantly reduce your shipping and delivery costs. The fewer shipments needed to supply your store with goods, the better. This can even reduce your environmental impact.
Our guide to buying in bulk
As a retail business owner, it is important for you to choose the best wholesalers to supply you with your goods and to make strategic choices at every step of the bulk ordering process. Here are our top tips for successful bulk ordering:
Choose the right wholesaler
It is important to do your research when it comes to finding the right wholesaler to provide your goods. You can find information about many different wholesalers online, and what’s more, you can often read reviews written by other business owners who have purchased from them previously, which can really help you to get a good idea about whether a wholesaler is right for you. Make sure the wholesaler you choose sells the kinds of products that fit with your brand. Look out for wholesalers who seem to have a good knowledge and understanding of the products they are selling. They should be able to answer questions about their products in detail- this shows that they care about the goods they are selling, and are more likely to be providing high quality items.
Shop around to make sure you find the best wholesaler to suit you and your business. You may also wish to consider each wholesaler’s minimum order requirements. If it suits you better to make a smaller order than one particular wholesaler demands, consider seeking out another wholesaler with a lower minimum order requirement.
Decentsourcing can help you to communicate with factory wholesalers in China and surrounding countries, overcoming language and cultural barriers and helping you to build a meaningful connection with the people who are going to be supplying your goods. We can also help you request item samples and carry out quality checks to ensure that you can be proud of the products that your business sells. We can help you compare different wholesalers and ensure you choose the right one to fit your business’ needs.
Negotiate!
Wholesalers will usually be open to the possibility of negotiating prices, especially for larger orders or for business owners who show promise of becoming long term customers. Make sure to make your case to obtain the best possible price point for the goods you are purchasing.
If you are concerned about language and cultural barriers when it comes to negotiating with manufacturers in China and surrounding countries, Decentsourcing can take the lead on your negotiations and help to secure you the best possible deal on your wholesale order.
Make sure you have a suitable storage space
If you are about to make your very first bulk order, you should be careful not to underestimate the importance of finding a suitable warehouse in which to store your newly purchased stock. You want to ensure that your stock is kept in good condition and that it is easily accessible and ideally placed to be transported to your customers when purchased.
Decentsourcing can help you with all of your warehousing needs. Find out more about our warehousing service.
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Our satisfied clients
Dan runs an Amazon store where he sells fitness equipment including massage balls, blankets and fitness calendars.
As the massage balls that Dan sells are made up of several different components, each sourced from a separate factory, it was starting to become extremely time consuming for Dan to make orders and liaise with all his different wholesale suppliers.
Decentsourcing took over the job of liaising and communicating with Dan’s various wholesale suppliers; obtaining quotes, negotiating the best prices for his products; and requesting item samples to ensure that Dan was only selling the best quality goods to his customers.
This gave Dan more time to focus on other areas of his business such as marketing and advertising, allowing him to attract more customers to his Amazon store.
Decentsourcing can help with all your bulk ordering needs
Making the right choices when it comes to choosing and working with wholesalers and manufacturers can be essential in ensuring the success of your business. We can help you to scope out the different options available on the Chinese market, as well as helping you to build and maintain a relationship with whichever supplier you choose. We source items direct from factories, and we aim to ensure that there is maximum transparency in all transactions you make with your wholesalers. In order to achieve this, we can help with communications and negotiations, can carry out factory visits and audits, and can request and test products on your behalf or facilitate opportunities for you to do so yourself. Working with wholesalers isn’t always easy, and we aim to make sure that your bulk ordering process is smooth and successful, allowing you to maximise your sales and grow your business.