How to trade in bulk

It is unlikely to start a wholesale business with small financial investments. However, the competent organization of such a business will bring a large and stable arrive.

You will need

• - start-up capital

• - warehouse

• - freight transport

• - promotional events

• - software

Instruction manual

1

Register your future venture. An individual entrepreneur without a legal entity is the optimal form of ownership in terms of taxation. However, if you plan to enter into large contracts with factories and manufacturers, it is preferable to open a legal entity, for example, a limited liability company. Choose a convenient warehouse. When choosing a warehouse, consider the features of your product, its transportation and storage. Access railway tracks, ease of travel and parking, warehouse hours, staff and loading equipment - all this can be crucial in future work.

2

Make your company’s flawless logistics one of the main competitive advantages. To have our own transport at our disposal to deliver goods to customers, process and fulfill orders efficiently, and organize the warehouse space competently - all these items play a key role in the success of work.

Get special software for your wholesale company, for example 1C "Trade + Warehouse". Such a program will help you in the integrated management of inventory and shipments.

Post information about your wholesale company in specialized directories, "yellow pages", on local Internet resources. Open a multi-line telephone line to inform customers.

3

No matter how well organized your wholesale, the price of the goods remains the decisive factor for most retail customers. Direct deliveries from factories and manufacturers will help you to ensure the lowest price. Most of them have different price levels for wholesale customers. First of all, the price will be affected by the annual volume of purchases on your part. Your goal is to obtain an exclusive dealer with a factory in your area. So you can receive the goods at the lowest possible price, as well as exclude potential competitors with the same product.

To ensure a low wholesale price, work on cost optimization. Irrational use of time, transport and space can greatly affect the price. In addition, it makes sense to think about the development of online commerce. The opening of a wholesale online store will significantly reduce warehouse and trading costs and will allow the customer to offer a flexible system of discounts and a lower price.

note

Take care of the protection and insurance of your goods, especially when it comes to transportation over long distances. Losing a large batch can jeopardize the entire business.

Useful advice

Keep track of the timing of the sale of your product, ensure stable rotation of the consignments. If goods of the same name arrive at the warehouse, sell the earlier lots first.

Rules for the sale of goods in wholesale