Wholesale lots: how to negotiate better wholesale deals

Wholesale lot buyers often make a big mistake that is often overlooked in the e-commerce industry. They will find a product that is available in sales or surplus without knowing that they have simply automatically reduced their ability to make a profit by fifty percent. What customer in the right frame of mind would go for retail waste? Let me give you a clearer picture.

Let’s say you have located an inventory of 15,000 dog leashes. The supplier tells you that there are even different styles to choose from, so a bulk purchase would include all available styles. The retail purchase is priced at $ 12.99 and the wholesale fee is $ 8.00, this is a difference of almost $ 4.99. After inspecting the belts and making sure they are of the best quality and excellently manufactured, your decision to purchase the items is finalized. If you’ve researched the product first and looked at auction sites like eBay, then you definitely know that these vendors would be willing to sell this item for $ 3.50 for all the items you need. However, even if you can get this at $ 3.50, there will only be a chance of making a dollar profit for each item. This is compared to the opportunity to sell it at a higher profit. How? Keep reading.

You should always ask your provider if they will accept a TAKE IT ALL CASH AWARD. You can even get away with it without an upfront payment. Let the vendor know that you are truly determined to help you get rid of your surplus items for a profit. Make a realistic price offer, provide free storage space and considerable time for the vendor to decide, and you can wait for the cost to drop to the desired rate.

Before getting into any of the negotiations, you will have to back up your claims with real numbers, as with dog leashes that actually sell for less than a dollar, wholesale supplier fee. If you can be really honest about these fees, then your supplier will be just as honest about your need to get rid of items that you may never be able to sell, other than taking advantage of the opportunity you are offering. Then you offer these items as a bulk purchase at, say, less than a dollar, $ .60 a piece. This will translate to more than $ 7.00 of wholesale cost. This explains why even if you are buying in bulk, you still need to negotiate in light of individual cost, so you know you can come up with a better sounding offer that will benefit both your business and the needs of the suppliers.