One of the first decisions a new wholesaler will have to make is what size and shape will be the minimum order size. Minimum order sizes are needed for a number of reasons: they prevent ordinary buyers from placing orders for individual goods, eliminating very small businesses, which would otherwise pose a greater problem than potential work orders, and the ordering process. Help streamline it. Cancellation of orders and small orders. .
They have advantages and disadvantages, at least for small and large orders, and the options chosen by a particular wholesaler often depend on the business in which they operate and the type of retail organization they serve as customers. Expensive electronics and cheap hair accessories have nothing in common. The minimum order sizes set for both, as well as the size and capabilities of their customer base, will be very different.
It is important for wholesale companies to find reliable and repeatable customers. And to do that, you must first convince these potential customers to choose this first class business. It's not as easy as it seems, especially when the competition is so fierce both offline and online. We found that the minimum order size - sixty pounds - was so small that new customers could risk a sample order of a suitable size without risk. If they love jewelry and are happy with the speed of service and delivery, then we are on the path to creating customers for a lifetime. If they do not like the jewelry, find it damaged in any way or are not satisfied with the delivery procedure or the customer support provided, they have only a small amount. Compare that to the largest minimum order size of 1000 pounds. The risk to the potential customer will be very high and the number of new customers will be very small.
Smaller minima also work well for existing customers, as they can try a small number of new inventory lines without risk. Most retailers know their customers well - they know what they like and don't like, what they will buy and what they won't, and what they are willing to pay. But the change in fashion means that there will be times when a retailer will have to take some risk on stock options or suffer the opportunity to be left behind. The ability to take small sample orders from new inventory lines reduces this risk and helps regular customers return for more.
Know more about small order quantity at POPSHOWROOM today.