Why Retailers Should Source Goods from an Import Pound Shop Supplier

Since the global economy collapsed, people are still very wary of spending their cash. Consumers have had to knead out luxury spend, opting for necessity buys only. Whilst some businesses across the UK have struggled to survive in this harsh economic climate, pound shops have flourished up and down the country and are now a common sight along the high street. The consumer demand for cheaper products, combined with the affordable retail space has helped contribute to the thriving pound shop retail spaces that we all know and love today. But the demand for cheaper products has had a knock on effect to the retailer, because in order to survive they need to be able to source the cheapest possible products from wholesale pound shop suppliers. 

Why/Benefits of buying from a Import pound shop supplier 

Wholesale pound shop suppliers provide business to retailers who sell quality, discounted products to their consumers. Products range from discounted DIY, home essentials, camping & outdoor goods and office supplies. Buying from a wholesaler benefits the retailer as it gives them the chance to sell discounted goods that they might not have necessarily been able to purchase from the supplier direct. This is usually because retailers don’t meet the suppliers minimum order requirements, or if they buy direct they’ll be faced with higher prices compared to larger retailers who can usually meet the minimum order requirement. 

New Market Opportunities 

Wholesalers also provide small retailers access to goods they may not have been able to acquire had they tried to go direct, opening up new market opportunities. This is because wholesalers already have working relationships with suppliers, making it easier for them to acquire new products. This gives smaller retailers the chance to stock the latest products, giving them an advantage over their competitors.

"Buying in bulk shaves a substantial amount off the retail price."

Saving Money

Some retailers believe that the only reason why they can buy cheap goods is because ‘the stock has fallen off the back of a lorry’ and found its way to an illegitimate warehouse, but this simply isn’t the case. Pound shops and other small retail outlets can save money by buying from wholesale pound shop suppliers simply because buying in bulk shaves a substantial amount off the retail price. Another reason could be because the stock may be end-of-the-line, a newer model replaces the old, but it’s still perfectly useable. 

Choosing to buy from a discount wholesaler can save retailers a lot of money, building a long term working relationship will allow both parties to negotiate better deals as time elapses. Despite the economic gloom and doom there’s much hope for pound shops and small retail businesses alike, especially through good working relationships with wholesale pound shop suppliers.

For all your Pound Lines, Toys, Gardening, Christmas, Halloween and general discount store wholesale items, please visit the full range at www.discount-wholesale.co.uk. Discount Wholesale is part of the Poundworld Retail Group Ltd. This article can also be found on our Advice Centre.