How To Start A Small Wholesale Business For Success: Your Guide To Growth
There are many levels in a supply chain. Before a product ever hits the store shelves, it goes through various points of contact. One such contact is by the wholesalers. Instead of handling end customers, wholesalers sell products to other businesses, which then sell to end customers. According to the Wholesale Global Market Report by Business […]
Differences Between Wholesale Vs. Resale You Need To Know
Have you ever wondered what the differences between wholesale vs. resale? It is much like the core differences between retailers and wholesalers. Both are important in the supply chain, but where they differ is where they are in the supply chain. Other than that, there are many other differences. If you are starting a business […]
Wholesale Hacks: Where To Buy Items In Bulk For Resale In eCommerce
How does one enter the eCommerce marketplace? If you are someone who has an idea and wants to sell it online, then this is a question that you might have thought of. The eCommerce market can be intimidating to enter, and competition is high. One such market is where people buy in bulk and resale. […]
The Secret To Wholesaling: How Wholesalers Add Value And Make Money
Over the past few years, the wholesale industry has seen considerable changes. Gone are the days when wholesalers were crucial to the supply chain. More and more companies are looking to cut out the middleman and seek other alternatives to distribute their products. According to Statista, direct-to-consumer sales have increased by 15% from 2019 to […]
Behind the Scenes: The Essential Jobs Wholesalers Do
Various jobs worldwide, ranging from farmers and factory workers to teachers and doctors. But out of all of these, where would you put wholesale and retail workers? The wholesale and retail business make up 13.2% of all employment in the world, according to the International Labor Organization. To put it into perspective, there are over […]
Best Products to Buy in Bulk and Sell on Shopify
The eCommerce boom at the start of the 2020s will continue to grow yearly. And the one spearheading the boom is Shopify. Shopify is an eCommerce platform where people set up their online stores. Since its inception in the mid-2000s, they are now the market leader. According to DemandSage, there will likely be 700 million […]
B2B Growth Hack: Leveraging Third-Party Apps for B2B Customer Segmentation
The B2B market is very competitive. Analysis of data has to be optimized to be successful. But have you ever wondered how some businesses seem to know exactly what their customers need? The answer lies in using third-party tools to analyze customer segmentation data to gain an advantage. According to Insider Intelligence, data marketing spending […]
Understanding The Importance of B2B Buyer Personas on Shopify
You probably have heard the saying: the customer is always right. But sometimes you have to wonder: Are they right, or is your understanding of your customers bringing success? Both are equally important, but I must lean towards the knowledge that your customer is more important for continued success. One way businesses online can better […]
Importance of Inventory Management in a B2B Business
For B2B businesses, there are specific processes that every business should follow. Probably the most important one out of them all is managing inventory. You can say that inventory is the lifeblood of all B2B businesses. According to Deloitte, 6% of poor-performing supply chains that conduct inventory management can grow in revenue. That is significantly […]
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