THE MECHANICS OF WHOLESALING ARE FAIRLY SIMPLE. YOU PURCHASE ITEMS IN BULK, DIRECTLY FROM THE MANUFACTURER OR FROM A WHOLESALER AT A DISCOUNTED RATE, THEN RE-SELL THOSE PRODUCTS AT A HIGHER PRICE TO EARN A PROFIT.
Purchasing products from wholesalers doesn’t carry a substantial amount of risk if done correctly. At very least, you should be able to sell your products at a price equal to what you paid, but where’s the fun in that? We recommend you start off by purchasing established products in the smallest quantities allowed by the wholesaler you are working with. This will allow you to "get your feet wet" without breaking the bank. Keep in mind that quantity restrictions vary from supplier to supplier.
Advantages
- Earn higher profits on the products you sell by partnering with a trusted wholesale supplier
- Save on marketing expenses by selling products your customers know and trust
- Work with a team that understands what it takes to build solid relationships with suppliers