Whether you have been a customer of an online website that sells dropshipped products or you are looking to launch your online shop, you know how challenging it can be sourcing and selling wholesale products or items from distributors. If you sell goods that are not physically available in your warehouse, you need to have integration with a wholesale store who will be supplying you with the products.
Offerer.com knows what this process is like, and have launched a solution that aims at helping many online stores integrate wholesale in their stores. The integration enables the retailers to work less and sell more, allowing them to scale their stagnant businesses. Having a store with Offerer allows you to import and synchronize stock levels, prices, product photos, and product descriptions. Within minutes, you can automatically fill your store with thousands of products and photos using the integration module with wholesalers.
Benefits of Integration with Wholesalers
When you integrate your online store with wholesalers, you enjoy the benefit of buying large quantities of products at discounted prices. Online wholesale marketplaces have resources to keep up on-site maintenance, grow the member base, and fixing technical errors. Buyers can browse through the products you look to sell and place their orders easily. As such streamlining and shortening the cycle of sales. In addition to this benefit, the following are other benefits associated with integrating your online store with wholesale.
Easier to Buy and Sell
Integrating your online store with wholesalers makes it easy to buy and sell products. The wholesalers can automatically provide you with the price and availability of information, which you can access real-time accurate price and information online. Integration also allows you to streamline product configuration allowing you to imprint locations and methods to configure the product according to business rules set by the wholesaler.
Saving Money and Making More Money
Wholesale involves buying in bulk directly from the producer without going through a middle person. As a result, you purchase items priced at the wholesaler’s own rates. To cover this, the producers of products will require you to buy the items in large quantities. If you provide your own markup according to the influx of the industry, you can recoup the costs.
Automating of Manual and Tedious Processes
Your selected wholesalers allow you to download ready products with images, categories, technical data, and descriptions. The number of products does not limit you from downloading, all the products will appear in your online shop. all systematic processes help you to lower-order error rates and provide customers with quick delivery time.
Reducing Time and Labor
Due to automated processes, you can save time and money. For example, adding one product into your store manually takes at least 15 minutes, in one month you can only add up to 600 products. If you want to add 100,000 products it will take months to add the products. As such you incur huge costs and waste a lot of time in the manual addition of the products. With an automated system, you can easily update products and prices.
More Efficient Inventory Management
Integrating your web store with wholesalers also enhances your inventory management system. The inventory is updated through your order management platform notifying our wholesaler when a customer makes a purchase. This helps in reducing the costs involved in managing your stock levels and improving operational efficiencies.
Minimizing the Overall Costs
An online store without a warehouse can benefit from dropshipping wholesaler’s model. You reduce the overall expenses for a warehouse enterprise and storage. The wholesalers work on logistics to develop the most cost-effective plan possible to ship products directly to the customers. You just need to choose a wholesaler and start effective sales immediately, recording high sales and incurring low costs of operations.
Building A Network of Suppliers
Wholesaling involves contacting manufacturers to determine whether you will purchase your products from them or not. If you join a network of affiliates who already have an established wholesale directory, you can build that network of the wholesalers who can provide you with products for your online store.
Your end goal as an online store owner is not only about acquiring and selling your products. You want to develop a long-lasting relationship with the wholesalers in the online marketplace. You increase the lifetime value of each account when you build loyalty with the supplier, which also helps to enhance your relationship with your customer base. Therefore, you have more opportunities to increase your sales.
Enhanced Customer Service
Integration enhances supplier customer service by providing you easy access to the information needed to place, manage, and complete orders. Such information includes quoting out to invoicing, which automatically provides you with information you need for the order lifecycle. As an online store owner, your ability to gather information more efficiently is enhanced. In turn, it becomes easier and quicker to satisfy your end customers boosting customer service throughout the supply chain.