China Wholesale: A Reliable Source to Obtain Quality Products at Cheap Price
Entering into the wholesale business is a significant decision for an entrepreneur as it increases your ability to have a competitive price structure, to deliver goods to your customers on time and providing the right product to fulfill your customer demands and finally determining the average gross margins. An e-Commerce business is always bigger than the wholesaler it is working with. While choosing the right B2B Company to get into a contract with a wholesaler, you should take care of a few decisive factors like price, portfolio of products, customer service, and reliability, etc. to choose which wholesale provider will be best suited for you.
Gone are the days when dealing with the wholesale suppliers or manufacturers was done through calling, emailing and faxing. Now, this is the age of E-Commerce wholesale business that enables buyers to procure products from the suppliers through an online ordering process.
Before stepping your feet into the wholesale industry, you should know about a few things about choosing the right wholesale provider to enjoy continuous growth in business.
• Knowledge About the Wholesale Industry
You should know that the wholesale industry is vast, catering to a diverse range of suppliers and distributors in the field of apparel, foods, and beverage, medical and electronic goods, etc. Considering the nature of wholesalers, you must do some research to find out the wholesalers who are going to contribute to your success.
• The Nature of Your Business
The nature of a relationship with a wholesaler depends on the size of your business as this is what will ultimately influence your pricing. You should go ahead with the price you can afford by making a selection and the basic rule to find low priced goods is to buy in bulk, massive volumes.
If you are running a small business and your finance does not allow you to buy products in large amounts, then taking help of a wholesaler is imminent in such situations. You should build a long term relationship with a wholesaler who will supply you quality products at a low price. By getting into an agreement with a wholesaler, you can ask for a lower price for your products. You should be careful that sometimes wholesalers give too much importance on some of the high-end clients and you should make sure you are not lost in the race.
So as a solution to this, if you are a small time businessman, you should contact a wholesaler that is known to give personalized attention to their clients and has a proven industry record of excellent service. Upon request, such a wholesaler would give testimonials and references about them and will provide you with a discounted pricing scheme so that you can plan things by obtaining the benefits from low priced products.
Criteria for Finding a Wholesale Provider
Pay attention to these factors when you are finding a wholesale supplier for you.
• Product Offerings
The first thing you should ask your wholesaler is whether they offer the products and services you are dealing with. You must find a wholesaler who maintains a clear product catalog. It becomes easy to search their products with their catalog, and you can check the details description of such products as well to have a smooth purchase experience.
You must check if the wholesale supplier includes products that you might want to offer in future so that you can have a long term relation with them. Other things to consider are doing the wholesaler has complete access to its key products, and how consistently they carry out production so that their products never go out of stock.
• Reliable Shipping
If you obtain products from a wholesaler at a cheap rate and if there is a delay in the delivery of goods it could greatly affect your business. This will indirectly create a bad reputation for your customer service when you cannot deliver goods to your customers on time. Therefore you must choose a wholesaler who has automated shipping alerts, tracking of products and have expert knowledge of the shipping requirements of the industry.
- Price
To get the best price, you must check as many wholesalers as possible as there can be significant differences in their rates. Several other factors will influence the prices such as the distance of shipping, the relationship between the wholesaler and the manufacturers, the current exchange depending on the geographical locations. A wholesale agent can tell you which of the wholesaler you should rely on for the expansion of your business.
• Customer Service
Active customer service is the aim of every business, and this applies while choosing your wholesale supplier. Check if you can reach to your wholesaler at once you find some issue with the products. Does your wholesaler maintain a help desk, live chat option or any support number so that you can immediately reach them? The reason you are working with a wholesaler is that you should find them whenever you have an issue.
What is important for you to understand is that getting your products wholesale will change the face of your business. A wholesale business will put an impact on your day to day relationship with the customers. A wholesaler is like your business partner whom you can rely on for good quality products and getting them delivered on time. So, you must find a wholesaler who will add to your profit.
Concluding Remarks
China has emerged as the dominant wholesaler in present days that fulfill the demands of many businesses across the world. The process of identifying a wholesaler in a remote location and subsequently getting goods and products at a cheap rate, while retaining the quality is a tough task. So taking the help of a China wholesale agent will help you deal with all these in a less complicated manner. You will rest assured that you are dealing with an honest wholesaler who will equally take part in your business growth. The internet is the most valuable source of information where you can find reputed wholesale agents who can connect you to a reliable and potential wholesaler.