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Dropshipping: What it is & why it might be smart for your small business

Clover - Retail

Dropshipping is a type of supply chain management in which a retailer does NOT keep the product it sells in stock. Instead, when a customer orders the product, the retailer contacts their manufacturer or wholesale merchant–who keeps inventory of the product on-hand–and has the product shipped directly to the customer.

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Choosing a Distribution Model: Drop Shipping vs Traditional Inventory

Retail Bound

Drop Shipping Model Drop shipping is where a retailer markets a product, collects payment from the customer, and then orders the item from a supplier/wholesaler. Some products may be too difficult to stock and ship If you sell heavy, oversized products, the stocking and shipping logistics can get very expensive and cumbersome.

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The Power of Net Terms: How to Fuel Expansion for Growing Wholesale Retailers

Retail Bound

In the competitive world of wholesale retail, sustaining growth and optimizing financial performance are paramount objectives for established retailers. In this comprehensive guide, we’ll explore the strategic utilization of net terms to drive expansion and bolster revenue growth for wholesale retailers.

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What Stanley’s Valentine’s Day sellout says virality in retail

Inside Retail

The tumbler, which retails at US$45 can be found on re-sell sites like eBay for at least two to three times the original price. When Ashlee LeSuer, co-founder of The Buy Guide, heard that the product was at risk of being discontinued, she reached a deal with the company for a wholesale order of 10,000 tumblers.

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How to Calculate Wholesale Prices & Profit Margins

Independent Retailer

When you first start your wholesale business, it can be tricky to find the right price to sell your merchandise. Wholesale Price vs. Retail Price. In order to establish the right prices for your products, it is important to understand the difference between wholesale and retail pricing. What is the wholesale price?

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How to Sell Wholesale Products Online

Independent Retailer

While most ecommerce businesses start small with only a handful of products, with the right opportunity, selling merchandise in bulk can give your business the chance to advance quickly. First, you need to understand what it means to sell wholesale. With wholesale, merchandise is moved in a short period of time.

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“I didn’t have any formal experience in the retail industry”: Alyce Tran

Inside Retail

Her savvy for social media not only sells out products but landed her a role as head of sales for ANZ at LTK, the world’s largest premium influencer marketing platform. At first it started as a fashion blog; we launched a small clothing line that didn’t get so much traction and then pivoted into leather accessories.

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