What is Wholesale
Choisie1 is the first company that doesn't require a high minimum purchase for wholesale. This gives the buyer the opportunity to test the products without a high gamble cost. Just to order "one" sample product from some companies are still higher than some of our required minimums, which are as low as a minimum purchase quantity of 10.
When starting a business, one of the first things to figure out is finding products to sell, and wholesalers are excellent sources of items.
Wholesale is buying goods in bulk at cheaper rates. Since you purchase in bulk quantity, the products are purchased at a lower, better price. The wholesaler buys the products in bulk, breaks them into small parts or packaging, repacked or re-brands them, and sells them to the retailers or uses the items in their businesses.
To stay ahead of the competition and make your business more profitable, buying from a wholesaler for your business needs is always recommended. Some of the great benefits of wholesaling are:
1. It saves your money - Wholesaling is always purchased in bulk, and because of that, you pay a discounted, better price for the purchase. It means that you can get products for less, and you keep your cost at the minimum.
2. You can negotiate the best deals possible - Building a good business relationship with the wholesaler allows you to avail of good, extended credit terms, which will surely help your cash flow.
3. It makes huge profit - Since you have availed the best price in the market through purchasing in bulk, you can then sell them at your own store at a higher price to make a profit.
4. 50% profit margin with no liabilities and overhead cost with branded and trademarked products