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Wholesale pricing – how do you get it right?
What constitutes the foundation of a wholesale price? How is it established, and in what ways do negotiations and agreements among parties involved in the transaction influence its ultimate value? Explore the function of B2B platforms such as Merkandi in enhancing the efficiency of wholesale purchas...
Clothing for your boutique: how to find the best suppliers?
In the dynamic realm of e-commerce, the selection of an appropriate clothing supplier is pivotal for the flourishing of any online boutique. With the proliferation of sourcing options ranging from local production to global importation, entrepreneurs are presented with a plethora of opportunities. N...
Is opening a thrift clothing store in 2024 a good idea?
Amidst escalating ecological consciousness and economic challenges, the market for second-hand clothing is emerging as a compelling alternative to conventional retail. The shift in consumer behavior towards more sustainable and mindful purchasing decisions is prompting entrepreneurs to evaluate the...
How to import goods from China? Essential tips for beginner entrepreneurs
Importing goods from China stands as a prevalent and promising strategy for entrepreneurs who aim to introduce innovative products to the market or broaden their online business presence. The Chinese market, known for its low production costs and extensive product range, presents boundless opportuni...
How to search for wholesalers for your business: leveraging practical tips
Finding an ideal supplier is paramount to the success of any e-commerce venture. Navigating through the extensive array of options and overcoming potential obstacles such as cultural differences, language barriers, or varying standards of quality can be daunting. It’s essential for entrepreneu...
Stocking a toy store - how to do it?
Strategically stocking a toy store is essential for maximizing profitability and catering to the evolving demands of consumers. The decision on sourcing the inventory is pivotal for the thriving of a business in the dynamic landscape of the toy industry. A multitude of supply methods exists, ranging...
Guide to wholesale product purchasing in 2024 - what to sell to succeed in e-commerce?
The e-commerce landscape of 2024 offers unparalleled opportunities for entrepreneurs and businesses aiming to bolster their online footprint. The sector's vibrant expansion, fueled by rapid technological advancements and evolving consumer habits, necessitates a comprehensive examination of the m...
Wholesale purchasing for an online store - how to find suppliers?
Wholesale purchasing is a critical component in the operations of every online store, providing the groundwork for its business model. It facilitates competitive pricing, enhancing the appeal of the store’s offerings to customers. Furthermore, procuring goods in bulk allows for more effective...
Commodity exchange vs. wholesale market - what distinguishes them?
In the dynamic world of trade, grasping the distinctions and functionalities of various market types is indispensable. The wholesale market and commodity exchange, significant in their roles, may initially appear similar. This article elucidates the fundamental definitions of each and delineates the...
What is wholesale trade?
Wholesale trade represents an essential intermediary step in the pathway from production to consumption, facilitating large-scale transactions in a predominantly cashless mode. By streamlining the distribution process, it significantly reduces the layers of interaction between manufacturers and reta...
The effects of COVID-19 on wholesale trade and some Merkandi advices
COVID-19, also known as the coronavirus, is currently one of the biggest surprises of the year and leads to significant drops in profits in many companies, and in some industries even to lay-offs. The negative effects of the pandemic are very much felt in economic terms. How has the COVID-19 epidemi...
Automated business
When running your own business, it is worth paying attention to the ever faster technological progress of the world. Improving the company's operations may bring surprising results, and thus will allow us to come out in front of a thousand companies. Automation is the way to success One of...
