Being a successful retailer depends largely on how good your suppliers and wholesalers are. Purchase prices need to be at a reasonable level so that a decent profit margin can be made to make it worthwhile. Retailing is seasonal and there are peak periods during the year, but it can all be managed well with a good supply chain in place.
Children’s Toy Market
The children’s market has always been a major one, regardless of what area you are in. Whether it is clothing, toys, movies, or books, parents and grandparents in particular are always looking for the latest and greatest items to buy for their children and grandchildren. As well as the latest fads, there are also the classic items that just continue to sell year in and year out.
There are several options available for sourcing suppliers. Little Smiles – toys distributor in Australia, for example, is a great option if a local supplier is being sought by an Australian retailer. There are online options available as well that make overseas suppliers easily accessible too.
It is handy to have a supplier that can provide products for a good age range. Most suppliers have a website that retailers can gain wholesale access to, making it easy to see products and place orders. Products are usually in categories; for instance, finding the best activity toys for babies from Little Smiles would be as easy as looking up the applicable category, either activity toys or best sellers.
Wholesalers make it very easy, and once online access has been applied for, the retailer is on their way. The beauty about having online access for ordering is that it can be done after hours when the store is closed or during the day during quieter times. It is much easier than waiting for a sales agent to call in once a month, either with or without an appointment. When the day comes, if the store is busy, the retailer can’t relax and give proper attention to looking at products if they have to continually serve customers at the same time.
It is much easier for the retailer to suit themselves and choose the best time for them to be able to sit down and relax and go through all the products at their leisure. The Internet has not only made life easier for wholesalers to give easy access to retailers but also for retailers to be able to do their ordering at the time that suits them best.