Released on: August 20, 2008, 4:59 am

Press Release Author: Christine Layug

Industry: Apparel & Fashion

Press Release Summary: Many individuals, particularly those of white collar status,
have come to start their own businesses as wholesale distributors. Much of these
individuals are those that wanted to earn more profit than that of their own jobs.


Press Release Body: Many individuals, particularly those of white collar status,
have come to start their own businesses as wholesale distributors. Much of these
individuals are those that wanted to earn more profit than that of their own jobs.
Or those that wanted to manage and earn their own income without working for
somebody else. Or even those that just wanted experience more challenging tasks that
managing a business can only provide.
If you're one of those individuals, then this is the right business for you, as a
wholesale distributor. In this line of business, you will be experiencing a lot of
haggling, trade of goods, and profit managing. But because of modern day business of
trade, wholesaling has become one of the largest known industries in the world.
The Life of a Distributor
As you know, products go through processes before it gets to the hands of its
consumers. Manufacturers produce products such as canned goods for example. Then,
the canned goods go through the process of being delivered to the retailers. Then
the retailers sell those canned goods to their respective consumers. But there is a
process in between the two, the manufacturer and retailer. And this is where the
distributors are commonly found.
Distributors work as it's named after, to distribute goods from manufacturers to
retailers. Some distributors also work as retailers, selling goods directly to the
consumers or the end-users. But more commonly, distributor works selling their goods
to retailers or another distributor in which the process of goods reaching the
end-user continues on.
Wholesale trade includes establishments that sell their products directly to
retailers, merchants, contractors and/or industrial, institutional and commercial
users.
Wholesale distribution firms, which sell both durable goods which include furniture,
office equipment, industrial supplies and other goods that can be used repeatedly,
and nondurable goods which includes printing and writing paper, groceries, chemicals
and periodicals, don't sell to ultimate household consumers.
There are three types of operations that can perform the functions of wholesale
trade; these are the wholesale distributors, manufacturers' sales branches and
offices; and agents or brokers or commission agents. But as for you, as you being
the wholesale distributor, you will be working as an individual who independently
owns and operates a firm that will buy and sell products to retailers and other
wholesale distributors. Generally, such operations are run from one or more
warehouses where inventory goods are received and later shipped to customers.
To put it simply, as the owner of a wholesale distributorship business, you will
have to buy products or goods to sell at a price that you can gain profit, much like
what a retail business do. But the only difference of a retail business from
wholesale distributorship business is that you won't have to go out on the
end-user's field, but instead work directly with other business holders such as
retail, and they are the ones responsible in delivering the goods to the consumers.
Have a hands-on experience of wholesale clothing business with Seven Wholesale.
Visit Seven Wholesale at href=http://www.sevenwholesale.com>www.sevenwholesale.com for more details.
Before Your Journey
Now before taking on the wholesale distributorship business, it is necessary to
learn what it takes to become a successful wholesale distributor.
Today, total U.S. wholesale distributor sales are approximately $3.2 trillion. Since
1987, wholesale distributors' share of U.S. private industry gross domestic product
or the GDP has remained steady at 7 percent, with segments ranging from grocery and
food-service distributors in which make up 13 percent of the total, or $424.7
billion in revenues to furniture and home furnishings wholesalers which comprise 2
percent of the total, or $48.7 billion in revenues.
If you look at it in a certain point of view, the field of wholesale distribution is
really just a game of buying and selling goods or stuff. And the way to win it is by
having good negotiating skills, keen sense of knowing what's hot and what's not such
as in a wholesale clothing business, and a good sense of salesmanship.
In this line of business, it is required for you to have the necessary experience on
how to handle a business, having skills of all areas are most preferred. Most
experts agree that having a sales background can really make a cut in a business of
wholesale distributorship, such as also having public relational skills that is also
included in being a salesperson.
Apart from sales skills, you should also have the necessary operational skills for
running a wholesale distribution business. This includes financial and business
management skills with experience are important, as also the ability to handle the
back-end or back stage operations such as warehouse setup and organization, shipping
and receiving, customer service, and more. Of course, these back-end functions can
also be handled by employees with experience in these areas if your budget allows.
The key elements for a successful wholesale distributorship business are by
operating very efficiently and quick inventory turn-overs. This is the main strategy
in how to make a business of wholesale distributorship more successful. Success in
wholesale distribution involves moving from a customer service/sales orientation to
the operational process of managing a very complex business.
Experience more about wholesale clothing business with Seven Wholesale. Visit Seven
Wholesale at www.sevenwholesale.com for
more details.
Choosing the right Location
When setting up the location for your shop, your needs will vary depending on what
product you chose to specialize in. For example, someone can run a successful
wholesale clothing business from the basement of their homes. But storage needs
would eventually hamper the company's success.
Usually, wholesale distributors are not located in the field of the end-users such
as on downtown shopping malls, wholesale distribution companies, like a wholesale
clothing business, are normally starts in areas where land is not too expensive and
where buying or renting warehouse space is much more affordable. But it is also
important that your shop is in close proximity of what you are supplying, such as in
a wholesale clothing business where your shop is in close proximity of a clothing
store.
See what's the hottest trends in wholesale clothing business with Seven Wholesale.
Visit Seven Wholesale at www.sevenwholesale.com for more details.
Choosing Your Main Industry
When starting your wholesale distributorship business, you won't find yourself very
alone in this world. There are approximately 300,000 distributors in the United
States. Wholesale distribution contributes 7 percent to the value of the nation's
private industry GDP or Gross domestic product, and most distribution channels are
still highly fragmented and comprise many small, privately held companies.
About a quarter of $3.6 trillion in sales comes from general merchandise, apparel
and furniture sales or GAF. This is a positive for wholesale distributors, such as a
wholesale clothing business, who rely heavily on retailers as customers.
Such goods come directly from manufacturers or through wholesalers and brokers. Then
they are sold in department, high-volume and specialty stores-all of which will make
up your client base once you open the doors of your wholesale distribution firm.
Now this is truly, very good news in starting a wholesale distributorship business.
But there are also some risks that that starters such as yourself that you should be
aware of. And one of those risks is consolidation.
Consolidation is the act of merging many things into one. In business, it often
refers to the mergers or acquisitions of many smaller companies into much larger
ones. To combat the consolidation trend, many independent distributors are turning
to the specialty market.
As distribution has evolved from a local to a regional to a national business, the
national companies, can't or don't want, to cost-effectively service certain types
of customers. Often, small customers get left behind or are just not profitable for
the large distributors to serve.
Chosen what kind of business to take on? Then why not try your hands on a wholesale
clothing business. And with Seven Wholesale, you can assure that your business will
grow in success. For more details about the wholesale clothing business, then visit
www.sevenwholesale.com for more info.


Web Site: http://www.sevenwholesale.com

Contact Details: United States, York
nuto55@gmail.com