Dollar Store Wholesale Distributors: 5 Helpful Tips for Finding the Right One

Dollar Store Wholesale Distributors: 5 Helpful Tips for Finding the Right One

It does not take long to see how owning a dollar store can quickly add up to big profits. Dollar stores offer consumers excellent value which is at a premium in these difficult economic times. Rather than spend their money at high-end clothing stores or big box supermarkets, today's families are seeking out bargains and convenience. Using the right dollar store wholesale distributors can ensure that you offer your customers both.

With so many suppliers offering discounted merchandise, you want to be sure you select a business that offers great customer service, quality goods, and timely delivery. Your supplier will act as a business partner to help your store grow. If you aren't sure where to find the right wholesaler, consider these five tips.

Ask the Competition: You may be hesitant to seek out other dollar store owners, and that is understandable. Your competition might not want to share their secrets with you either. However, if you ask a business owner outside your market area, chances are they will be glad to help. After all, he or she was once a new business owner, too. Find a dollar store in a community far enough away that you will not be in direct competition with them. Then ask the owner about their wholesale dollar store supplier.

Check with Your Franchise Company: If you are opening a dollar store that is a franchise, the parent company might already have agreements with distributors. In addition, they may be able to negotiate lower pricing than what your store could obtain alone. Call your account manager and ask for information on recommended merchandise suppliers.

Attend Trade Shows: Local and state organizations such as Chambers of Commerce often hold annual trade shows. One of the great benefits of these shows is the opportunity to visit vendor booths and make networking connections. Even vendors not specifically marketing themselves as dollar store wholesale distributors may be prime candidates as suppliers. If you are buying in bulk, they may be willing to discount their wholesale price significantly.

Ask for References: Some distributors may have high minimum order requirements. Before writing a big check to an unknown distributor, request several references. Then call these owners and ask for their feedback on the company. Be sure to inquire into how the company handles issues such as broken merchandise, billing errors, and customer service support. If a distributor's references are not 100% pleased, move on to a new supplier.

Talk to Someone Before Placing an Order: It is easy to go online and place a big order without ever speaking to a company representative. While this makes ordering easy, it also means that you have no idea how well the company operates from a customer service standpoint. Call the company's hotline and ask to speak or meet with an account manager. When selecting dollar store wholesale distributors, it is very important that you are able to easily reach a manager and that you feel at ease talking with them.

With only a little time and effort, you can find merchandise distributors who will provide you with the inventory you need to succeed. Don't skip these important steps to identify which supplier will help you maximize your sales and profits.

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