Monday, March 23, 2009

Benefits of a Stacking System

Space is the kind of constraint that one feels and has to contend with on a regular basis as a business grows. It would be close to impossible to find a retail outlet or business that has abundant space. In extreme cases, stock and warehousing issues can only be resolved with external warehousing options. If you're a small business or working out of the comfort of your own home, having a stacking shelving systems makes a whole lot of sense. Not only will a stacking system benefit your business in the long run, it'll save you time, money and floor space.

For home offices, small stackable shelving systems will suffice. You don't need anything too expensive and besides, as long as it is practical and saves you space, it would be quite enough. A retail outlet, on the other hand, need a stackable shelving system that is practical, meets with all the requirements, blends well with all the other decorative items or shelving units and be cost-effective as well. A tough call for a small business, we would say, but not impossible.

The true value in using a glass shelving system is the transparency. Glass, as you may very well know, fits in with just about any type of interior design. In fact, with good lighting, it really complements the other existing furniture.

With a good glass stackable shelving unit, the system is mobile and can be transformed according to your needs. If you need a three-level shelving for a line of new products to be placed near the entrance of your store, you can unstack them easily and place one on top of another to form a sort of beautiful glass tower. Glass shelves placed at the counter or at the point of exit might also compel your customers who are checking to make that last minute impulsive purchase.

Glass shelving are low maintenance options. Repair is often not required except for minor replacements of parts and also if in the eventuality, the glass panels crack (which is unlikely unless it has been dropped).

And of course, a glass stackable shelving unit is like the black tux....conventional, classy and timeless. Glass is almost never unfashionable, so, the lifespan is often for as long as you need it.

For ideas and uniquely different yet affordable shopfitting and wall-mounted display systems, check out our Decowall Plankwall wall-mounted retail outlet shop display system right now. Be stunned with our flexible and affordable these wall-mounted display systems can be. Formedge is a leading exhibition and shopfitting display system provider. It's a name that you can trust..

Trade Suppliers

From my experience, trade suppliers have had very poor service. I have contacted them looking to buy stock from them and their responses have astounded me! They seem oblivious to selling me stock, have no enthusiasm for partnering with me or even giving me the opportunity to do business with them.

Hey, maybe it was something to do with me, my haircut or whatever, but to me it seemed that they were just poor performers. They were not interested in customer service or supplying good quality stock at good prices. Maybe you have had the same experience?

If you have, you will know that this is a key element in the success of your retail store, either online or offline. You need results and you need answers. You cannot deal with monkeys that simply do not want to deliver when you need it. These types of trade suppliers, wholesalers or dropshippers will make you company go broke. Do not risk doing business with them.

You should be careful when choosing suppliers. Look carefully at their website. Do they have a phone number you can call? Is their website professional? Where did you find their details? Was it a referral or did you simply stumble across them?

All of the questions are questions you should consider before partnering up with suppliers. If you don't consider these things or find suppliers, wholesalers and dropshippers that have been screened for reliability and trustworthiness, you certainly will put your business at risk.. The other thing this could impact is your profits.

No one wants to run a business and earn a tiny profit or break even or even lose money. If you are going to work for yourself you want results and awesome results, so do not compromise on the quality of your trade suppliers, dropshippers or wholesalers.

Are you looking to line your pockets with cash? As you know, all you need to do is find reliable wholesalers, suppliers or dropshippers that you can trust. Find these, and you know you can make significant returns and good profits

Your wholesaler, dropshipper or supplier is the corner stone of your business. If they don't deliver quality and competitive prices, then how is your business ever going to be a success?

If you are serious about finding good wholesalers and suppliers, then you must check out the website link below. If you keep doing things the way you have, then chances are you will get the same results, which I know for a fact are terrible

Don't Make These 5 Common Mistakes When Displaying Jewellery!

1. Not differentiating a product. There should always be a couple of "hero" pieces, or key pieces. Trays and trays of rings for example are dull, so there should always be some displayed in boxes separately or at a different height for example, otherwise customers just scan the trays, but don't take the merchandise in.

Height is very important in jewellery displays, if all the stock is one level, our brains are programmed to scan, and if nothing stands out, customers will think they've seen everything, when they really haven't.

You should always make a few individual pieces stand out from the rest (not necessarily the most expensive ones though)They could be the ones that are the best perceived value for example.

2. Not leaving spaces between the jewellery displays. Each display should be separated from the next, you don't want the displays to just run into each other. If you do this, then the "scanning effect" will reappear and people will simply scan over your merchandise, while you want the opposite effect.

3. Prioritise display space -ie allocate the most space to the items that make the most money and/or profit. So don't for example put tiny studs in the best location if they sell pretty much anywhere you put them and you make more profit on the pendants you sell.

Big stores are experts at this, using complex algorithms to work this out. Small shops may not have the mathematical formulas to work this out, but then since were around our stock most of the time, we just know what the top sellers are. So, make sure that you allocate the appropriate space for items, of course, you can rotate this from time to time, so the display doesn't get stale or you too set in your ways.

4. Unlit, unclean or unloved displays - enough said on this point - Its too sad! Lighting is important for almost any product, but when it comes to jewellery, its essential, vital and a must - do you get my point ! Make sure the lighting is white light, you don't want the jewellery to look dirty! Make sure the background and the props are clean and selected with care.

5. Items not displayed with any care. A display should be a choreographed set of merchandise, chosen for its symbiotic qualities. Either by type, colour, designer, season, style - there are a myriad ways to select product for displays.

Well merchandised displays pretty much sell themselves, there's a reason why point of sale displays are called "silent salesmen" Its because well laid out product leads the customer to the buying decision, leaving you time to build your relationship with your customers.

10 Ways For Retailers to Increase Margins Without Working 23 Hours a Day!

1. Audit your costs: Review your outgoings and incoming revenue. This will highlight any costs that seem particularly high and any parts of the business where your revenue has dropped. Have key customers stopped spending, or could you get more creative with some of your costs - such as advertising?

2. Streamline your running costs. Could you cut your utility bills by turning off all electrical equipment every evening or making sure your heating system is energy efficient? Get everyone involved with this, and make it a game, who can save the most money! Have a chart up on the wall, with the winner so far!

3. Assess your staff bill. If you have surplus staff for the work available, look for ways to reduce staff costs. Ask employees if they might be open to voluntary measures, such as reduced hours or pay. Take legal advice if considering changing employees' terms and conditions. Basically, this will have to come from you, no member of staff is going to walk up to you and say "I've noticed we're not as busy, so I could work less time, or take overtime as time off in lieu, to help you out here " Not going to happen, so seize the bull by the horns - Not pleasant, but necessary!

4. Improve your purchasing. Assess the costs of your stock. Are any of your suppliers having special offers, creating buying groups or generally acting responsibly to help retailers? Could you reduce costs without making your products less desirable. Review your utility providers - there are a lot of gains to be made by comparing tariffs from different energy companies.

5. Reduce your stock. Consider whether you can cut back on the level of stock you hold. Can you get hold of or manufacture items quickly enough to satisfy customer orders without having goods sitting in storage for long periods? Aim to keep just enough stock to service your customers' needs. If you look at the multiple retailers, I'd estimate they've cut their stock levels by around 30% this year - you only have to look at the store layouts to see this in action.

6. Look for growth opportunities. With competitors potentially falling by the wayside, look for ways to take advantage and expand into different parts of the market. Can you start that website you've been talking about for ages, run a workshop, have an open evening, team up with the local college?

7. Protect your marketing spend. Cost-cutting is key during a downturn, but continuing to spend on marketing is vital to attract and retain customers. Focus your marketing efforts on your most profitable customers and cost out your advertising and marketing. Calculate how much revenue you need to make for your advertising spend to be worthwhile. Remember there's a key difference between advertising and marketing - if you have no money for advertising, make sure you're still marketing yourself well!

8. Boost staff productivity. Home and work worries can make employees less productive during a recession. Try to increase morale by offering low-cost incentives, such as monthly vouchers for the best performing sales person. Keep employees informed about what's going on in your business if you can, without scaring them ! Promote team spirit - xxxx shop team against the recession - Recession busting ideas from the team!

9. Loyalty schemes - Re-look at any schemes you may have in place, or be thinking about putting in place - Loyalty schemes breed just that - loyalty, and if you're fighting for customers, this will bring them to your door, and make them come to your shop first! It doesn't have to be expensive to run, a few vouchers are usually all it takes, ie spend £100 and get a £10 voucher, which is going to cost you around £3.50 / £4 so its not going to break the bank.

10. Use social media to communicate with your customers - Its cheap and effective and ensures you maintain a presence in the market, even if you have little money for advertising - start a blog, twitter about your shop, or update your newsletter with recession beating tips for your customers.

11 Ways to Recession Proof Your Business For Retailers Today

"I've heard there's a recession, but I have no plans to join in" Zig Ziglar.

Well, it seems that the media have pretty much succeeded in talking us into a recession. But I subscribe to a more can do approach, I love the quote from Zig Ziglar, who was a pretty interesting guy. So before we all go slightly hysterical....here's a salient fact to remember - Over 90% of the population will not lose their jobs, they will continue working and living, albeit scared witless by the media's portrayal of our economy, but life will go on. I prefer to think of it as "Recession - a new adventure!"

But we are small independent retailers, what can we do that Woolies couldn't?

Firstly, Don't despair - We're all entrepreneurs, that's why we do what we do, when we could choose to work for other people and moan about them. Instead we've decided to take it on the chin, and work it all out for ourselves.
So we need to begin to figure out how to work in this new economy.

Problem is, there's no entrepreneurs school that tells you how to run a business. The number one thing that entrepreneurs get wrong is that we learn by experience (you can substitute mistakes here... - we all know when we want to hire someone with experience, what we really mean is "someone who's b******d it up on someone else's payroll).

Sure, there's academic courses (and I've done a few of those), but they only give you the nuts and bolts, they don't explain how it all fits together. Its like a giant puzzle and even if you get a corner, and you're pretty sure its all blue sky, there's always some bits that just don't fit! Right, enough of the puzzle analogy, here's some real steps that you can take to thrive in a difficult economy.

Here's 11 ways:

1. Definition - Define your niche! Clarity is power. When you know who you are and what you're about, you can market yourself effectively. Are you a specialty or niche store? Are you a one stop shop? Are you a gift shop, or a boutique? You should be able to answer the "who are we? question in a single sentence. Then you can expand it into a paragraph that you tell everyone that you come into contact with.

For example: We are a lifestyle Gift shop, we solve our customers gift buying problems with our fabulous product selection and our fantastic customer service.

Write it on the fridge / on the toilet wall / in your handbag wherever you and your staff will see it constantly!

2. Effective Perspective - Make sure your shop stands out from the myriad of other choices - Step back and take a good long look at it from a customers perspective (Note: this can be really painful) If in doubt, ask passing shoppers for some comments about your shop. Remember that other people don't see it as you do. So ask yourself: Is your message clear? Are your windows displays effective? Does it need painting, a new logo, new lighting? Look for anything that looks incongruous, does the carpet go with the fittings? Etc etc.

3. Customer Service - This really is the numero uno of retailing. This is one area where the independents really really really have a chance to compete with larger stores, where lets face it, the service is not usually the selling point of the stores offer!

People buy from people - and if yours are nice and helpful - you'll get more sales! There's a quotation I love, "People buy the seller, not the salt! But make sure your staff know what they're supposed to be doing, what the targets are? How many sales should take place in an hour, day, week. If you don't already have one, please put an incentive scheme in place. Just try it, you will be amazed.

4. Needs, features and benefits - Firstly establish the customers needs. You can't sell them anything until you know what their needs are? Once you've done this and don't try to skip this vital stage.... Make sure your staff know the difference between features and benefits. The features might be fun, but it's the benefits that sell the products. Ie, this will save you time, money or make you look great, cool or sexy!

5. Sell on Value - In a recession economy people place more emphasis on value ! which is not dissimilar to benefit, ie the value of this product to you is x y z. Make sure your staff can convey the value of products, e.g. if you were selling a stereo, you wouldn't bang on about the 120 features, you'd talk about how cool it would be to imagine yourself experiencing the music, like you've never heard it before, etc.

6. Soundbites - Make sure that you have soundbites to say about each range or collection you sell, so that even the most junior Saturday girl can say something sensible about a product. This also makes staff feel more professional and more likely to approach customers as they don't feel as if they're going to be caught out.

For example: These watches from XXXX they're an Italian company, they are very design orientated. The movements are swiss so you can almost guarantee there'll be no problems with them. They're often featured in fashion magazines. We loved the look of them, that's why we stock them, and they're so popular. You can see from the details why we love them. Let me show you this...

7. Don't lower your prices! The majority of the population don't make their purchasing decision based on prices. They think they do, but in reality they don't. If they did there would be no expensive cars on the roads, we'd all be driving Skodas (you know, the old styles, before they built proper cars!) Only 10-25% of the population decide on price alone, so you should very definitely focus on the other 75-90%. (unless of course you're a £1 shop - then all bets are off on this one)

8. Bundle offers - If you must move stock, bundle items together and make offers, but don't discount. You should be proud of your prices and be able to justify them. Instead of lowering prices, focus on your sales and marketing offers - this is where you have an opportunity for new customers and therefore growth.

9. Mailing list - If you don't already have one, start compiling a database of your customers. It took me 12 years to think of this blinding flash of the obvious. If you don't have a database or mailing list of your customers you'll have to wait for them to come to you, they'll have to negotiate their way past all the other marketing messages that are assailing them on the way to your premises. Its not good odds is it? Once you have a mailing list with very simple technology you can keep in contact with your customers - not too frequently, you don't want to be stalking them so they avoid you in the supermarket, but you do want to be reminding them of your existence!

10. Loyalty cards - There's a good reason why big stores use them - its because they work! In these days of computers and home printers its easy to rustle up a DIY loyalty card - and just try it. You can always refine it further down the line.

11. Extras - Throw in something extra, whether it's a voucher for future discount, additional information on how to use the product, or a fantastic genuine smile. People love to get more than they thought they were getting. A gesture really doesn't have to be large to be effective...

Remember the old saying, "Tough times never last. Tough people do!"

The Small Retailer's Guide to Savvy Cash Management

Whether you're selling gardening supplies, trendy clothes, or high-end electronics, your retail store's success is largely connected to your cash management procedures. Many small business owners treat their sales and cash flow with little regard for process. Instead, they approach it haphazardly without considering the benefits of integrating sophisticated point of sale (POS) systems and procedures related to petty cash and drawer balancing.

In this article, we'll take a closer look at efficient cash management procedures for small retailers. I'll explain how the traditional cash register can impact your ability to compete. I'll also provide an overview of a robust POS system and describe its value to improved inventory control.

Will A Traditional Register Suffice?

The answer depends upon your needs and budget. For example, if you have a small shop that processes a minimal number of sales throughout the day, a simple register may be enough. But, there are a number of limitations to keep in mind.

First, a traditional register will probably be incapable of tracking your store's inventory. Second, it won't allow your vendors to manage your inventory status in order to replenish products as needed. Third, a register will not offer the level of reporting that a point of sale system provides.

Each of these factors plays a key role in improving the efficiency of your retail business. For example, allowing your vendors to monitor your inventory levels in real time through a POS system reduces - even eliminates - product shortages. Vendors can keep your shelves filled which removes your need to store excess inventory. With fewer resources tied up in inventory, you can better allocate funds to take advantage of other opportunities.

Your Point Of Sale System

Most POS systems include the same basic components. There's a computer which manages the entire system. There's also a cash drawer in which you'll keep the money and receipts from credit card transactions. You can also invest in a pole display, though it's optional. Other pieces of the system include a monitor, keyboard, scanner, credit card terminal (again, optional), and a printer for the receipts.

You can also invest in POS software that offers varying levels of functionality. For example, basic packages can easily handle sales taxes, pricing flexibility, and printing product descriptions. Software that is more robust can process coupons, track inventory, connect to vendors, and provide detailed accounting reports.

The prices for POS systems start at several hundreds of dollars and can climb to several thousands. However, even as their functionality increases, their prices continue to decline. Plus, they add enormous value and flexibility to the small retailer's inventory control procedures. That leads to quicker inventory turnover, fewer product shortages, and more efficient cash flow management.

Coping With Increased Competition

One of the major concerns that specialty retailers have is how they can compete when the big-box merchandisers penetrate their market. Indeed, the presence of chain stores and discounters can siphon sales away from small shop owners. There are, of course, viable solutions. The important thing to realize is that small retailers have a number of advantages over giant chains. For example, they can move more quickly, provide better service, and enjoy high margins on products that are produced in lower quantities.

While installing a POS system won't resolve all of the challenges inherent with battling the large discounters, it will improve your ability to compete with them. Don't underestimate the value of maintaining strict cash management procedures combined with a robust point of sale system. As the megastores struggle under broad inventories and slim margins, you can leverage your size through better inventory control.

How to Price Match on Libby Glass

Many distributors selling ARC, Anchor Hocking or Chinese knockoffs use aggressive price strategies to undermine their competitors. The problem with price-based selling, however, is that the customer feels no personal connection to the supplier. Last year we went through a brutal rebranding process. We revamped our image from being relatively low cost to a quality domestic provider, from China private label to a national distributor for Libby Glass - America's finest. As such, we knew that we would lose the majority of our price sensitive customers who buy strictly on price and utility over quality, personal preference or saleability.

After settling into 2009, we've come across a different breed of dissenting clients. Some of our competitors have been nipping at our heels by undercutting. The most active use whatever means necessary to generate a quick sale. We've let this process occur far too often over the years; we felt that meeting a price or constantly giving discounts would create a pattern of behavior that is difficult to break. How could we possibly raise price or even command a decent profit margin if customers are always used to low balling us?

I've learned that if your clients do not link their relationship with you to their success in business then you have failed to communicate a mission worth following. We believe that our close relationships with clients balance good faith and accountability. We get our price because we deliver; we've earned their trust. However, we also recognize that we need to change to be successful in this new retail and wholesale environment. If consumers expect lower prices, then we need to adapt.

One method that I think works well is a price match guarantee; in other words, like electronics retailers, we ask our customers to show up with proof of purchase. Show us a competitor's invoice, freight included, for the same or equivalent product at a lower price and we will match and/or beat that price. As soon as we started pursuing this process, we came across opportunities wherein we couldn't possibly match price without taking losses. We realized that we needed to set some ground rules.

Here is what we learned:
(1) the glass jars must be exactly the same. If they are not showing you an invoice for a specific piece of Libby Glass, like a Libby Status or Libby Vibe, you cannot compare them. For example, Anchor Hocking's pressed glassware is slightly cheaper to manufacture than seamless. However, the walls are seamed and the shapes are not as beautiful;
(2) freight cost must be factored into the equation. Freight accounts for at least 15 to 20% of the landed cost of goods;
(3) closeouts on equivalent products are one-time buying opportunities and are not valid comparisons;
(4) availability and service levels should offset slight differences in price. If the competitor cannot ship or doesn't have sufficient inventory, then price matching is irrelevant. You can charge a higher price for convenience;
(5) lastly, make sure that you are spending your time matching price on orders worth pursuing.

5 Ways to Connect With Your Customers

You got the customer in your store. Now how do you keep them coming back for more? These 5 clever ideas will create buzz, add excitement, get your staff involved and spread goodwill.

1. Collecting Contacts: Instead of asking our customers if they'd like to be on our mailing list, we created a monthly drawing for a store gift card. We called it our free $63 shopping spree because it was memorable and rhymed. With every sale, we let them know they can sign up and reward our staff each month if they get over 60% participation. The monthly winners are always delighted and we end up collecting a lot of contacts.

2. Sending Handwritten Thank You Postcards: Instead of only sending promotional material to our customers, we also make it a regular practice to send personal notes. During the slower times at the store, we have our staff randomly pick addresses out of the raffle jar and send them nice postcards thanking them for choosing to shop with us. Our customers often comment what a pleasant surprise it was to find a nice note amid all the bills & junk mail in their mailbox.

3. The VIP Treatment: Instead of lumping all our customers into one list, we also have a special list of our loyal customers. Every quarter we send them something unusual in the mail. For instance, this year we created handmade wooden Valentine postcards thanking them for a great 2008. And when they brought the postcard back before February 14th, we gave them a package of cookies we recently started carrying at the store. The VIP's loved getting a cool piece of 'art' in their mailbox and it also gave us the opportunity to get them hooked on a new line of cookies we offer.

We also send them birthday cards with a little treat inside (like a herbal tea bath bag) and remind them they get 20% if they shop with us on their birthday.

4. Make Your Emails Interesting: Instead of sending an email just about your sales or special promotions, add other interesting information that your customers may enjoy or want to forward on to their friends. Some of our features include:

New Products: When I write an order at a trade show, I always ask if I can take a photo of the goods. Then I share some of my finds and our customers get excited when they see what's coming to the store soon.

Staff Favorites: Each month we ask our staff what they love in the store and why. Then we take a photo of them with the item. We've found our customers like to see what our sales gals like and it also connects our customers with our staff.

Feature an Artist or Product Line:Put a spot light on a particular product group for a month. Share the artist's story or explain more about a certain product line. And to entice sales, offer 15% off the featured item(s) for that month. This creates an awareness of the unique goods you offer.

Share Other Interests: Talk about the music you're listening to in your store, the book you can't put down or a recipe that is a big hit. And if you can tie them into products available at your store... even better. Ask for your staff's input as well - once again creating that customer/staff relationship.

Share the Love: Put together a grouping of popular products and offer a goody give-away on a regular basis. We just promoted a Valentine themed one and asked our customers to tell us what they love. The response was amazing and their replies uplifting. This gets your customers involved and creates good will.

5. Staying Social on the Web: Instead if hoping your customers will remember to come visit you in their free time, lure them in by giving them glimpses of what's happening at your store. You can encourage your customers to subscribe to your blog or become a fan or friend on face-book in your email newsletters. This keeps your place of business in the forefront of their mind and creates customer loyalty. The two main ways we do this are through Blogging and Face-book (both free!)

Some ideas you can share with your customers via a blog or face-book page can include: new products, artist features, music reviews, crafty ideas, seasonal recipes, highlight how you're giving back to the community, show your staff having fun, product give aways, create a photo album of special events you've hosted, showcase other stores in your area, post any press you receive, promote yourself for local 'best of contests', do a day-in-the-life story about you, create a photo album of images around your store, share tips on how to pick out the perfect gift for (dad, mom, grad, bridal couple etc...) - and the list could go on because it's totally up to you. To see what some other shops are blogging about check out delightful blogs.com.

We hope a few of our ideas inspired you to create some new customer connections. We've found it truly is all the the little things that make a BIG difference in life and retail.

Laptop Wholesale Suppliers

The use of technology is increasing every day and retailing laptops is a great way to earn income. If you are looking to get into retailing laptops, then you need to find responsible laptop wholesale suppliers to support your business endeavor. Retailing laptops or any electronic device is becoming a great business endeavor these days because of people's growing obsession and need for the digital world. New technology makes our lives easier and laptops are certainly a convenient way to keep in touch with almost anybody in the world even in personal businesses wherever you may be. Once you go into the laptop retail business, you need to find a supplier or wholesaler who can give you what you and your customers are looking for. Here are a few criteria to keep in mind when deciding on your supplier.

Things to Keep In Mind

Assuming that you already managed to get potential wholesalers on a directory list, you can start looking for the right supplier for your laptops based on the following decisive factors.

* Credibility. Once you have your eyes set on a particular laptop wholesaler, you need to look into his background to make sure that he belongs to a legitimate and reliable company. You have several options to check on a particular company's background. One option is to check online through Better Business Bureau. All reliable companies and wholesalers should be listed there and you can view any complaints that they might have gotten from their customers. Another option is to join forums about the subject, like wholesalers. You can get valuable information and insights about the business of retailing and finding the right wholesaler for you.

* Pricing. One thing to remember when purchasing your products is that you should never pay too much on the price or too little. If you feel that the wholesaler you are looking into is selling their laptops at very high prices, then look for somebody else. You can find great discounts and cheaper prices, but of course, watch out if they are too cheap and ask for the reason why the prices are very low if you encounter any.

* Quality. When you are in the reselling business, especially electronics like a laptop, the quality of the product is very important. It is important that your wholesaler provides you with products that are of high-quality since this could cause you your reputation to your own clients. If you are dealing in bulk, you should ask for a sample of their product if possible to prove that their machines are indeed of good quality. Laptop wholesale suppliers should be able to provide you with reliable merchandise to satisfy your own customers.

Wholesale Children Clothing Suppliers

Any good reselling business requires good dropship wholesalers. If you are planning to put up a business reselling children's clothing, then finding reliable and honest wholesale children clothing suppliers is essential in your business' productivity. We all know that most parents want only the best for their children. This includes finding clothes that reflect the children's personality. Parents want to find clothing that is comfortable and attractive for their children. Most importantly, they want to get it at good and reasonable prices. Putting up a children's clothing business can be a great help in providing for a market that require great quality clothing for kids with affordable prices. As a retailer, finding the right children's clothing supplier is important for your business to succeed.

Things to Remember When Choosing a Wholesale Supplier

Here are four things you need to bear in mind whenever you choose a certain wholesale supplier.

* Credibility. When choosing the right wholesale supplier for your business, make sure to check into their background. It is essential that you find a supplier that is credible and reliable. A great way to check into a company's background is to check with Better Business Bureau and find out whether the company has had any complaints. You can also join forums and find out the views of people who are in the same business as you are. You can gain plenty of information this way.

* Reliability. Another important thing to remember when finding a wholesale supplier for your children's clothing business is to find a supplier that is reliable. They should be able to send your products on time without any hitch. Most importantly, they should provide you the flexibility to buy small quantities of clothing of any style so that you can provide a good range of choices for your clients.

* Quality. In any business, it is important that you sell good quality products to your clients. Once you get the first set of merchandise, make sure to check it thoroughly and decide whether they are the kind of products you would want to sell to your clients. As a children's clothing retailer it would be helpful to ask yourself whether the clothes are something you would let your own children use or not. Make sure that they are the right fabric and that your supplier holds a high regard for quality of their products as well.

* Pricing. When it comes to pricing, make sure that your supplier sells their products at reasonable prices. If you are budget conscious, then it would be helpful if you compare prices from several different suppliers before deciding on the right one. Good wholesale children's clothing suppliers should provide you with great discounts if you are purchasing in bulk for your business.