Table of Contents
Who do wholesalers sell their goods to?
Wholesaling is the act of selling your products in bulk to another retailer, usually at a discounted price, who then sells the product to their customers. It’s important to note that creating a wholesale channel for your business still allows you to sell your product to the end consumer.
How do I find a company’s suppliers?
Major suppliers of a company may be mentioned in press releases or in journal articles. If the company is public, and has a few very large suppliers, they may be mentioned in the company annual 10Ks.
Where do retailers get their products?
Retailers typically have three main options when it comes to sourcing products. Some merchants work directly with manufacturers, while others buy from wholesalers. There are also a number of retailers who make their products themselves. Let’s explore the distinctions between these methods.
Do manufacturers sell to wholesalers?
In the world of retail, relationships between wholesalers, manufacturers, and customers are shifting. For decades, most manufacturers did not sell directly to customers. Wholesalers served as middlemen by purchasing items in bulk from the makers and sell them to consumers at a higher rate.
How do I find someone’s manufacturer?
If you’ve decided to pursue a relationship with a domestic manufacturer, your best bet is to seek out referrals. You can do this by using relevant social media networks for your industry, speaking with fellow entrepreneurs, going to trade shows, and using online supplier databases, such as Thomasnet.com.
Should boutique brands buy wholesale only?
While you might be tempted to start out buying wholesale only, we recommend starting off your boutique inventory with a mix of wholesale and original brand products. According to this annual report by Deloitte, having a mixed sourcing strategy is the best way to start things out.
How to find the right wholesale supplier for your online clothing business?
When finding the right wholesaler for your online clothing business, you may need to take a list of the different wholesale supplier and distributors from the manufacturer. Make sure that you’re both connected with each other.
Where can I find a list of overseas manufacturers?
There are a variety of online directories for overseas manufacturers. For example, Alibaba.com or GlobalSources.com are good places to start for a wide variety of items. Both Alibaba and Global Sources vet all of their factories and provide you with useful information so you can quickly find the best suppliers.
Where can I find wholesale and closeout merchandise product information?
Top Ten Wholesale is a truly diverse source for wholesale and closeout merchandise product information. Linked to some of the world’s top suppliers, the site requires some time to browse through its many products. Closeoutcentral connects suppliers with buyers and offers a wide range of products, such as apparel, jewelry, and tools and hardware.