Why Buying Pet Products Wholesale is Best for your Business
Buying in pet supplies wholesale allows you to meet demand and satisfy your customers’ needs, ensuring you have stock levels that can keep your business stable even at the busiest times. Wholesale is the best way to shop for businesses of all sizes, even if you see yourself as a smaller player in the pet industry; smaller businesses need to grow, and one of the only ways to do this successfully and in the long term is to keep your customers happy. More and more people have pets in the UK, be it a dog, a cat, parrots, budgies, rabbits, guinea pigs or hamsters. By having a great range of supplies available for all kinds of pets, you can create a lasting reputation for excellence as a pet supplier.
Buying in supplies from a wholesaler is the only real option for cost effectiveness and business operations. Wholesale buying involves higher volumes of stock at lower prices. For this reason, it could be more challenging for smaller businesses in terms of cashflow – you need the funds to purchase higher volumes of units, giving you access to better prices. If you’re able to manage your funds though, wholesale stock purchasing is the most effective way to buy in your pet supplies.
Key reasons why it’s better to buy pet supplies from a wholesaler
- You get a significantly better price. Each unit will cost less, meaning a higher profit margin for you. When you sell pet supplies in your business, it’s in your interests to make as much profit as you can on each sale. Better buying power and lower prices make all the difference.
- You’ll get incentives to shop in the long term. When you work with a wholesaler long term and they get to know your needs, there may be better prices available. You might receive personalised offers and discounts when you order with a particular wholesaler.
- You can meet demand better. There’s enormous demand for pet products, from flea treatments, to treats, to toys and dog food. You need to have a good supply of pet products available at all times if you want to stand a chance of meeting this demand. Buying cheaper more readily available pet products wholesale is better for you and your customers.
- There shouldn’t be any supply chain holdups. Some more specialist animal and pet products might be difficult to source from individual suppliers, meaning you run into difficulties if you hit a delay. Unless you run an especially niche animal business, such as a pet shop for exotic animals or a pet service, you will usually want to have a good mixture of both everyday pet supplies and unique items. Sourcing the more standard supplies from a wholesaler will help you to avoid glitches in the supply chain.
The sooner you find a quality, reliable wholesaler, the better it will be for your business. Think about how you can work wholesale purchasing into your business plan for your pet industry business.