People in the business world often make a big fuss when talking about bulk buying and they start throwing in sentences like, “the difference between wholesale and retail prices,” to support their arguments. For you smoke shop owners who are still getting the hang of things in the business world, we have come up with a modest list of reasons why buying wholesale pipes can actually be the smartest business decision you make.
Wholesale is cheaper
One of the main perks of buying wholesale pipes is the cheap prices. For manufacturers, it is cheaper to produce large quantities but, this leaves them with too much inventory. To sell as much of their products as possible, they offer price reductions when you buy in bulk. Especially because pipes are not such a common commodity; the manufacturers need to know that they will be getting paid. Experienced business owners have found it a lot more efficient to buy in bulk and sell with a slightly higher retail price; it guarantees a higher profit margin. Not only will you be paying less per item, but you’ll also be paying less for delivery since, you’ll be purchasing a bulk of products at once rather than having them spaced out on several orders.
Wholesalers are highly experienced
Buying pipes directly from a wholesaler is a totally different experience from buying from a retailer. The extent of information that a retailer knows about a pipe is controlled by the wholesaler they bought their supply from; they don’t know everything about the manufacturing process, product specifications and varieties available. On the contrary, wholesale pipes shops know everything there is to know about their products; are the glass pipes hand blown? How good is quality of glass used? And so much more! In fact, depending on your relationship with the wholesaler, they can even offer to customize their products for you.
It’s a prudent measurement
As a business owner, you know how volatile the market is; especially, the market for cannabis related products. Granted, the legal stance towards cannabis has been shifting, but there are no guarantees. The main point is, retailers go in and out of business all the time. If you buy from a retailer, the chances are that at some point, they won’t be able to supply you with what you need. A wholesaler, nevertheless, has many clients buying in bulk; they are more likely to stay in business. Not to mention, buying wholesale pipes means that you’ll have enough inventory to help you survive any manufacturer going out of business; until you find a new supplier, that is.
Overall, wholesale buying is a highly efficient process. As we have mentioned, it saves up on time, money, effort, and guarantees you a stable supply of inventory. This is why you should keep in mind that choosing a wholesaler is a highly important business decision. You need to make sure they provide good customer service, and reliable goods. Now, if you’re lucky enough to find a good wholesaler, make sure you maintain good business relations with them; you’ll find a great deal of benefits in it.
