Wholesale buying

Tips to sell handmade products in wholesale

Oct 23, 2021

When we think about wholesale, the first thing that comes into our mind is buying and selling in bulk and the second thing that comes is that it’s not for small-scale producers. However, in this revolutionized era, if you run a small business and have the passion to expand it further, there is no reason why you won’t be able to do that. Even if you run a store that sells handmade items, it is possible to accept wholesale orders. Taking wholesale orders can remarkably improve your overall earnings and help you reach new levels. You just need to use the right tools and, you will be able to take wholesale orders without any problem and, if you can take wholesale orders, you can handle any type of order coming your way. In this article, we will go through some tips for selling handmade items in bulk. So, let’s start. Be ready to take large orders: A lot of small businesses like yours struggle with wholesale orders because they usually don’t have the inventory to go through with the order. So, the first thing you need to do is prepare your handmade items in bulk and keep stocking up. But it’s easy said than done, so you might want to put in more effort, give overtime crafting more products, or hire other people to do it. It all depends on how much capital you are bringing in. if you are new to wholesale, it would be a smart move to let the buyer know that if the order is in bulk, there will be an additional waiting time. It gives you time to make the order and it gives the buyer an idea of when to expect the order. Choose an eCommerce website: As a beginner, it is next to impossible to build your wholesale website. Even if you can start a website to sell wholesale, you don’t know if your products will get success or not. So, it is better to go with an eCommerce site that provides wholesale service first. This will enable you to know if your product will do well in the market or not. Aslidesi, Indiamart, and TradeIndia are some of the Indian websites which provide wholesale services where you can register and sell wholesale online. Don’t forget you need to set a profit margin: If you are thinking of diving into wholesale, you have to make sure to offer wholesale prices. For instance, if you sell a product for suppose 100rs each, you might need to go a little lower too, let's say, 80rs each for bulk orders. Of course, what price you set for your wholesale is totally up to you, however before you come up with the price, you need to look at your numbers. in other words, consider the factors like how much you can lower the price for each product and still make a marginal profit. Offering single percentage-based discounts for all your products is risky. You need to go over each product to set it according to the product's price range.