Dollar Store Wholesale Distributors: 5 Tips to Land the Right One
It’s really easy to see the benefits of owning a dollar store to build big profits quickly. Exceptional values are at a premium in today’s economic climate, and dollars stores offer it in abundance. Consumers are repeating choosing the convenience and value offered by dollar stores over big box supermarkets and expensive clothing stores to spend their money. By working with good dollar store wholesale distributors you can easily offer your customers the convenience and value they crave.
There are tons of suppliers that offer discounted products; you want to ensure that the supplier you select also provides offers on-time delivery, quality merchandise and excellent customer service. A good supplier will act as a partner to help to grow your store. Below are five tips that will help you find the wholesaler that’s right for your business needs.
Ask a Competitor: Of course, this is counter-intuitive and it’s certainly understandable for you to be hesitant about getting advice from competing dollar store owners. Neighboring competitors probably aren’t necessarily going to be willing to divulge their secrets to you. The key is to speak to owners operating outside your area; they are more likely to be glad to help out. Remember, they were once in your shoes, as new business owners, too. Locate a dollar store that is too far from your business to be a direct competitor. Then speak to the owner and ask for recommendations for a reputable wholesale dollar store supplier.
Speak to Your Franchise Company: One benefit of working with a franchise, to open a dollar store is that the parent company often already has agreements in place with reputable distributors. In fact, many times they are able to negotiate much lower prices for the chain, than anything your individual store would be able to get. Put in a call to your assigned account manager and request information on suggested wholesalers.
Go to Trade Shows: Chambers of Commerce and other local and state organizations often host trade shows each year. One great thing about these shows is that you get the opportunity to meet potential vendors and network. Not all vendors will present their companies as dollar store wholesale distributors; however, they could still be great supplier candidates. Discuss your store needs, especially if you are purchasing in bulk, as they might offer you deep discounts off their standard wholesale rates.
Check References: Distributors usually set some minimum purchase require, for some this can be quite high. But before you take out your checkbook for a new distributor you should get references so you can get more information about them. Of course, you then need to check the references by calling the companies given and asking for feedback about the wholesale provider. You want to get specific information on how the supplier handles problems like broken merchandise and billing errors, and how good their customer service and support is. If the distributor’s references seem to less than fully satisfied with their performance in these areas, keep looking for other suppliers.
Talk to a Person Before You Place an Order: Ordering online, even for substantial orders, without ever talking to an actual person is fairly commonplace today. However, while ordering this way is convenient and easy, you never actually get a feel for the company’s ability or willingness to provide quality customer service and support when needed. Instead, call the company and request to meet or speak with one of their account managers. The dollar store wholesale distributors, you choose to work with should offer easy access to a manager and you should feel comfortable speaking with him or her about your business needs.
By putting in a bit of time and effort, you’ll be able to choose merchandise distributors that will give you the inventory and customer service you’ll need to achieve success. Don’t pass on these critical steps that will help you identify the right supplier to help you get the most sales and profits from your store.
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Category: Business
Keywords: dollar store wholesale distributors, wholesale dollar store supplier