Finding the right wholesale dollar merchandise suppliers for your dollar store is critical to its success. You will need to find suppliers that offer fair prices and timely shipments in order to increase the success of your store. There are a few ways you can go about finding the right supplier for your store. Here are a few tips to help get you started.
Finding the right wholesale dollar merchandise suppliers for your dollar store is critical to its success. You will need to find suppliers that offer fair prices and timely shipments in order to increase the success of your store. There are a few ways you can go about finding the right supplier for your store. Here are a few tips to help get you started.
Before you go about finding a supplier,
it is best that you obtain a federal tax ID number. Many suppliers will not do business with you if you don't have one. All you need to do is go to the IRS website and apply for one and you will be in business.
One of the best ways to get wholesale dollar merchandise for your dollar store is to contact various manufacturers. You will not be able to buy all the products you will need directly from a manufacturer though. Sometimes, you will also find discounted items sold when manufacturers make more product than they can sell.
There are plenty of wholesale dollar merchandise suppliers available for you to do business with. You should contact a wholesaler for specialized needs that you have. For example, if you need Easter products or greeting cards, a wholesaler would be a good choice.
For most of your dollar store needs, you will want to work with a distributor. A distributor is better than a regular wholesaler in that distributors have various items in stock. You could get most of the products you need from one place which helps to save time.
Sometimes, you will want to offer exotic products in your store. They may be hard for you to find. It may be in your best interest to work with an importer. Importers have exclusive rights to sell some products in certain countries. Many will not sell directly to you since they usually work with wholesalers.
If you really want to find good dollar store suppliers, then you need to work on your networking abilities. You should talk to other store owners to see if they will tell you who they get their products from.
Attending trade shows is another good way to find suppliers. You will also find other owners at these stores for you to talk and network with. Newsletters and magazines can also help you find some to work with.
After you have found a potential supplier, there are a few things you need to ask. Most importantly, you will need to find out what their wholesale prices are. You will want to buy cheaper, but high-quality products to make more money.
Ordering in bulk usually saves you money. However, this may not be an option if you are just starting out. Make sure that your potential supplier does not require minimum order sizes. It is also important to ensure that they will get your orders to you by the time you need them.
Finding the right wholesale dollar merchandise suppliers is critical to the success of your dollar store. Before you begin your search, make sure you obtain a federal tax ID number or many suppliers will not work with you. You can try contacting some manufacturers directly instead of working with a wholesaler or distributor.
