Consider Wholesale Specials to Lower Your Costs

April 1, 2009 · Filed Under Products and Supplies · Comment 

price your gift baskets for profitSome wholesalers are offering specials right now that lower costs and increase your profit margin.

I mention this to you because I had a chance to save money in December and blew it. The savings was 60 percent off a product that I regularly purchase.

I didn’t document the savings on my calendar, along with the deadline date to give the offer a second thought.

I found myself buying the item for full price just 15 days later, as none of my negotiation tactics worked to extend the price reduction.

That was a huge mistake on my part, one that I wish the opposite for you.

If wholesalers are offering any of the following, look at your inventory and consider the savings:

  • Free freight (especially from firms thousands of miles away)
  • Payment in 60 days rather than 30
  • Reductions of 50 percent or more off regular wholesale prices
  • Buy a case (or two), get a case (or two) free

    • There’s more available according to who’s offering what, but this short list provides you with a guide to specials that lower your price and put more money in your pocket when you sell.

    Companies listed at GiftBasketWholesaleSupplies.com and OrganicWholesaleSupplies.com may be running such specials right now.

    What’s the best wholesale special you remember that convinced you to buy?

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    Gift Basket Industry on the Internet

    August 15, 2008 · Filed Under Industry Information · Comment 

    Here are links to visit while enjoying your morning beverage.

    Do pictures speak louder than words? They do when Flora Brown shares a beautiful gift basket photo.

    Check out her wordless Wednesday submission, a coffee maker and mug all dolled up as a basket-less gift.

    Is branding an important part of your business? Lorie Obernauer of Apex Gift Foods shares her insights from a recently-published article. At the end, I bet you’ll realize how much you’re automatically building a brand.

    Gift basket makers are getting younger. An 8 year old has made it his mission to create gift baskets for premature babies. You can read the story here. Too bad this online article doesn’t include a photo.

    I’m attending the New York International Gift Fair this weekend so I can update entries on the Gift Basket Wholesale Supplies site. The nice thing is that it’s not really work because I enjoy connecting with wholesalers with great gift basket products.

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