Wholesale sounds complicated but to get started, it doesn’t take much, honestly. Today I am sharing the most basic over view of wholesale – and a little bit about consignment for comparison – to get you started! The most important thing is understanding the benefits and how it works so you’ll know if it is a good fit for you. Take a listen for my basic wholesale brief and find out what you need to get started.
In this episode
- What is wholesale?
- What is expected of a seller?
- The key thing you’ll need to have in order to get a wholesale account (most likely).
- The pros and cons of wholesale.
- What is consignment and how is different from wholesale?
SUPER IMPORTANT: your pricing will need to be correct in order to profit at a wholesale rate!! Be sure you aren’t undercharging in retail so that you can afford to do wholesale. If you can’t wholesale all of your items, that’s okay!