How to Find the Perfect Wholesale Business for You
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Title: How to Find the Perfect Wholesale Business for You
Word Count: 656
Author: Jorge Olson
Email: Jorge@DistributionBiz.com
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How to Find the Perfect Wholesale Business for You
Copyright 2006 Jorge Olson
There are many types of wholesale businesses. You need to
find the right one that fits your style, your character,
interests and personality. This article will help you find
the different types of wholesale businesses so you can pick
the right one for you.
Not all wholesale businesses are created equal. There are
many types of wholesale businesses, probably too many to
mention. Every item that is sold or produced could be sold
at wholesale prices. For our article we’ll go over
businesses that have a relatively easy barrier of entry.
In other words, you don’t need $100 million dollars to
start them.
First of all, let’s list some of the businesses with easy
entry. A wholesale business with an easy level of entry is
a business that you can start with a reasonable amount of
money depending on how large you want to launch the
business. For example, if you are a one person operation
you could start it for less than $1,000. If you want a
large business you can get the same type of business and
add more inventory, employees, vehicles, warehouses, etc.
OK, so what types of businesses can you start or purchase?
Well, there are many types of businesses that involve the
wholesale trade, here are some examples:
--Manufacturing-- After you manufacture goods you have to
sell them to wholesalers, retailers or directly to the
public. This involves wholesale or distribution, or both.
--Importing-- Everything about importing spells wholesale.
You have to negotiate with oversees manufacturers,
transport the products to the USA, get brokers to import
products, warehouse goods, and sell and ship products to
your wholesale or retail customers.
--Wholesalers-- Wholesalers are usually importers or people
who buy from importers or manufacturers to sell to other
wholesalers or distributors, then normally don’t sell to
retail stores. Wholesalers specialize in getting good
products and supplying them to wholesale distributors, cash
and carry’s and even exporters.
--Cash and Carry-- Cash and Carry businesses are stores
that buy at wholesale prices and sell mostly to very small
wholesale distributors or wagon jobbers and to small retail
stores like liquor stores or gas stations. They have a
warehouse or store front where customers drive up and buy
their products. They usually don’t deliver any products.
--Online Sales-- Online sales are a large part of the
modern wholesale trade. Many wholesalers sell online
nowadays. You can add online sales to your business by
simply selling your current products from your websites or
other websites or you could even start a business around
online sales. If you start a business selling online you
simply need a good supplier, a decent shopping cart and you
also need to accept credit cards. The rest is getting the
right people to your site, or marketing.
--Brokers— Brokers differ from the other types of
distributors in that they normally don’t buy products, they
just sell them. They never take possession of the
merchandise; they don’t have warehouses, trucks and many
times don’t even have offices. They just sell and get
commission from the sales. Being a broker is perfect for
someone without a lot of money to buy products or someone
with great contacts in a particular industry. For example,
if you work or used to work at a large retail store you can
use your contacts to sell products from other companies.
You then get anywhere from 1% to 10% of the sales depending
on the type of merchandise.
--Wholesale Distributors-- Wholesale Distributors can be
manufacturers or importers too. Wholesale Distributors
tend to sell to several customers including wholesalers and
retailers. They are the most popular type of wholesaler
and usually sell everything including food, beverage,
consumer goods, cars, chemicals, and most products out
there. They can have warehouses and trucks or drop ship
products. They can sell to restaurants, manufacturing
plants, retail stores, governments or to other wholesalers.
About the Author:
Jorge Olson is a consultant, speaker and entrepreneur and
owns several Wholesale Distribution companies. Visit his
consulting website at www.DistributionBiz.com His
latest Website teaches you step by step how to get started
and make money in Wholesale Distribution. You can find it
at www.LearnWholesale.com
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