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Wholesale Gifts
A gift can be anything, and will be greatly
appreciated if it is purchased with care (and it is exactly
what the receiver wanted). One great way to make sure that
you get just the right item is to look into the world of
wholesale gifts. Though many of the wholesale gifts merchants
work exclusively with retail stores and fundraising organizations,
there are plenty of opportunities to buy wonderful gifts
from wholesale suppliers and get low prices even if you are
not working as an established reseller.
The world is, literally, the marketplace for the many companies
that provide wholesale gifts. This means a huge selection
for those wanting to resell for a reasonable profit. It also
means prices at 50 percent of retail (or even less in some
cases). Retail merchants who establish an account with a
wholesale gifts supplier by providing a sales tax number
and business license information can acquire everything from
leather vests and custom imprinted shirts to jewelry and
collectibles.
Many of the wholesale gifts merchants work as warehouses
or drop shippers, or both. Warehouse-type suppliers may have
staff members who make contact daily with manufacturers around
the world, always looking for the finest in gift items to
keep in the warehouse stock. Drop shippers and top brokers
will do the same but may have the items sent directly from
the manufacturer or local craftsman to your home or business.
Many of the merchants work only with gift shops, regular
market businesses, home-based entrepreneurs and others. Tip:
This is one detail that any individual or business entering
the wholesale gifts industry should clarify before making
an order.
Let's look at a more extensive list
of items that may be available from wholesale gifts merchants.
We should also be able to get an idea of what price ranges
are available, depending on size of order. Some suppliers
have no minimum order requirement on their discounted products,
so individual buyers can enjoy the same "wholesale" prices
as larger businesses and retail shops.
A quick search of a printed, full-color
catalog may show 3,000 or 4,000 wholesale gifts items,
including garden decorating items, jewelry, replicas of
antiques, art prints, tea sets and coffee items…the
list goes on and on. Some of the larger wholesale gifts
merchants not only have their own warehouses and huge inventory,
they may also get a majority of their products from factories
that are affiliated with one or a few suppliers.
Others work almost exclusively with
closeout products – those
that are being moved at greatly reduced prices to make room
for new items and new designs. Others have found great success
with liquidation inventory from businesses and factories
that are closing the doors or completely revamping their
product line.
As you consider getting into the wholesale
gifts business or if you are just interested in buying
a few unique items, keep these few factors in mind: return
policy; shipping charges; personal service with a "live" person
at the other end; extensive knowledge of the wholesale
gifts possibilities. This and a bit of patience can result
in savings of 50 percent 60 percent and more, getting you
even closer to making a profit and securing return customers.
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