Living Waters Posted May 2, 2011 Share Posted May 2, 2011 I sell bath and body products. I have had one wholesale order from a salon. It was almost a $700 order, which is good to me but I'm a newbie so, I'm not sure.My question is, should I require minimum orders for future wholesale orders and if so, what should that minimum dollar amount be? Quote Link to comment Share on other sites More sharing options...
SuzyK Posted May 2, 2011 Share Posted May 2, 2011 I used to have a wholesale only scrapbook company.$700 is an amazing order!I didn't have minimum order amounts but I did have product minimums. They had to buy 3 of each.You could also require like $150 for the first order and a smaller or no amount for the next orders.You can sent up any requirements you'd like to make it worth it for wholesaling. Make sure you require a copy of their business license for tax reasons. Quote Link to comment Share on other sites More sharing options...
NaturallyTru Posted May 2, 2011 Share Posted May 2, 2011 I, also, have a first order minimum then a lesser amount on future orders. And I have minimums on each product. I have never received an order as large as $700. Haven't had to think about how I'd handle it.Possible options:Ask for a downpayment.Do the order in $x.xx ($200?) increments. They pay each delivery. That way you can make sure you are going to get your money. I would hate to make $700 worth of product and then have the order not go through. Quote Link to comment Share on other sites More sharing options...
sjconner Posted May 3, 2011 Share Posted May 3, 2011 When I have had large wholesale orders, I made sure that they paid most of the materials costs up front and the balance on delivery.Susan Quote Link to comment Share on other sites More sharing options...
EnvyCandles Posted May 3, 2011 Share Posted May 3, 2011 That is a GREAT order amount!! It really is. I would also require a significant amount of funds up front. Businesses are aware they cannot get terms for credit with a new supplier- they should expect to pay up front for merchandise they order. I agree with Trudi that you should consider doing increments for deliver/payment- just make sure you can deliver what you say you can! Good luck and great job!! Quote Link to comment Share on other sites More sharing options...
Living Waters Posted May 3, 2011 Author Share Posted May 3, 2011 (edited) On that wholesale order I required 60% up front and the balance was due on delivery. It worked out great. Edited May 3, 2011 by Living Waters Quote Link to comment Share on other sites More sharing options...
Living Waters Posted May 3, 2011 Author Share Posted May 3, 2011 Thank you ladies for all of your help. There is a chance that I might be selling product wholesale to our local Whole Foods store. I would appreciate ANY advice on how to work that deal because I don't have a clue! Quote Link to comment Share on other sites More sharing options...
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