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When is Wholesale Really Wholesale
You've finally found the wholesale source for the high demand widget that is selling like hotcakes on the Internet. Thoughts of watching the money pouring in and celebrating the new found success selling widgets has you so excited that you can't wait to buy 5 widgets at wholesale and double the investment. After a lot of effort to market your widgets, you haven't sold any. Then, much to your surprise, you find others selling the same widget at a much lower price and doing a great business. You can blame the wholesaler for your lack of success or you can face the truth about wholesaling and volume purchasing. So, after an unsuccessful attempt to sell widgets, you decide to do the research to find out why you couldn't compete. The first eye opener is that you can find the widget at a number of places selling for less then your wholesale cost. Lets look at the reasons for this.
So it now seems that the word wholesale is a relative term. Small businesses get first level wholesale pricing. Large businesses (with great buying power) get 2nd and 3rd level wholesale pricing plus incentives. As an example, the small business may pay a price of $10 each buying wholesale widgets in quantities of 1-10. The large business may pay $5 each for the same widget in quantities of 500-1000. So, is there any recourse for the small business? Yes, The simple answer is Market Research. OK, how can market research help me with wholesale buying? The problem that needs addressing is buying widgets at to high of a price to be competitive. Plus, there are hundreds of places that sell widgets for a lot less then you can. If the demand, competition and average selling price of widgets can be determined, then you can make an informed decision about the selling potential of the widget. That is the simplified version of the answer, but touches on the main points of market research. You can do the research manually but by far the best bet is to use one of the existing market research tools available on the Internet. A moderate investment is required up front but the information compiled and presented is essential to profitable marketing. A clear understanding how wholesale works in an open market along with good research can multiply your chances of successfully operating a small business. This applies to online storefronts, auction sellers, or anyone doing business from home. About The Author Johnny Burke is a successful online seller and webmaster for E-MarketingAmerica http://www.gtsystem.net/e-commerceamerica/ offering resources and information for the online marketer
MORE RESOURCES: ‘Sell America’ fears look more like ‘buy less’ as Treasury auctions loom and a debt-limit battle brews MarketWatch Alt files lawsuit against PWCC alleging fraud in Patrick Mahomes, Kobe Bryant card auctions - The Athletic The New York Times Two Classic Harley-Davidson Road Kings Go Under the Hammer at No Reserve from Henderson Auctions Yahoo! Autos Mayfield Heights property fails to sell at auction Crain's Cleveland Business Edaville Railroad's carousel sells for $90,000 at Massachusetts auction, and it won't be going far CBS News One by one, from carousel to dinosaur, Edaville's attractions are sold at auction The Patriot Ledger General Procurement & Auctions Iowa Department of Transportation (.gov) Land auction volumes soar in Iowa Brownfield Ag News RM Sotheby’s To Auction 12 Historic Alfa Romeos At Monterey 2025 duPont REGISTRY News Weekly Coffee News: A Coffee Equipment Auction + New Stumptown Bags Daily Coffee News by Roast Magazine Johnny Cash belongings to be auctioned off by Minnesota company Bring Me The News The 10 Most Exciting Cars at Bonhams’s Miami Auction Yahoo! Autos St. Clair County will auction off 36 vacant lots it owns Belleville News-Democrat Sotheby’s to auction Bowmore ARC-54: Iridos Edition The Spirits Business eBay Launches Auction of Pre-Loved Fashion and Custom Porsche Ahead of Miami Race Weekend PR Newswire Myron Bowling Mexico Announces Live Webcast Auction for Closure of Leading Automotive Glass Manufacturer PR Newswire Magoffin County Rescue Squad’s 47th Media Auction Item List Salyersville Independent - Around $2K Pledged During Good Karma Brands John Moser Children's Radiothon Dessert Auction Daily Dodge Faithfully Restored 1969 Chevrolet Camaro COPO Re-Creation to Headline Henderson Auctions Yahoo! Autos Auction scrapped for large Detroit office complex as potential buyer emerges Crain's Detroit Business Carpentry auction benefits Scranton nonprofit Scranton Times-Tribune A look inside the Edaville Family Theme Park auction The Patriot Ledger Classic cars and a Cadillac hearse | More of Jamey Noel's assets hit the auction block this week WDRB Rare Ken Griffey Jr. Card At Auction for First Time in 20 Years Sports Illustrated Barbara Taylor Bradford Inscribed First Editions, Writing Desks, and Typewriter to Auction Fine Books & Collections The Boys & Girls Club’s The Big Easy Auction Let the Bidding & Good Times Roll Santa Clarita Magazine ‘Golconda Blue’ Diamond Pulled From Auction nationaljeweler.com Bidders shrug off trade war as Brazil's infrastructure auctions draw US$1.9bn in investments BNamericas AUCTION: 17k-Mile 2007 Dodge Charger R/T Road and Track MoparInsiders Want Johnny Cash’s ring? A Minnesota company is auctioning off some of his prized possessions Star Tribune Jyske Realkredit's auctions for 1 July 2025 refinancing The Manila Times AES Ohio auction results point to higher electric prices Dayton Daily News Unclaimed property firearms auction raises over $132,000 journal-news.net Lancaster Creative Factory hosts annual Empty Bowls event with local food, auctions [photos] LancasterOnline FERC approves PJM capacity auction price cap, floor Utility Dive Twin City Auction Company, LLC Bluefield Daily Telegraph Rare Gold Token Offered at Noonans’ Auction Numismatic News Musician Dave Westerbeke’s collection of guitars hitting the auction block Sonoma Index-Tribune Children Trust Michigan to hold annual auction in East Lansing https://www.wilx.com 1961-62 Fleer SGC 9 Wilt Chamberlain Rookie Card Sells For $93,000 at REA Auction Sports Illustrated |
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