The new year has just started. And what is better than welcoming the new year with a boost in your Wholesale Business sales? We did some research and came up with a few sales tips.

These tips are to help you improve your sales. You can either adapt one or all to increase your business.

·      Offer Something Different

Almost every Wholesale Business is offering special discounts to retailers. What extra do you offer? The best way to attract more customers is by making an Offer they cannot refuse.

Offer them deals like Buy One, Get One Free. This way you can get rid of dead stock as well.

·      Set Your Prices

Many businesses face hardships as they compromise on their prices to increase their sales. This is a wrong concept.

Do not offer a price that is less than your total cost. Before offering a discount, you need to assess market trends and determine your expenses.

·      Make Recommendations

It is common that during various events throughout the year, people like to buy gifts for each other. This increases the demands for different products in the market.

Check what is the trend of your product in the market during certain events. Act accordingly. Contact your customers and recommend them the most trending products. Through this recommendation, you can earn their trust and get a good business deal.

·      Coupons and Promotion Codes

Coupons and promotional codes are popular among businesses. Retailers look for different codes and coupons to get discounts. Use your website and digital platform to offer coupons and promo codes.

Make sure these are limited-time offers and specifically for the main events and holidays. The time limit instigates the buyer’s purchasing desire.

During the various events, retailers check the lots of wholesale websites in order to get offers and promotions. These are great opportunities to attract them for business.

·      Conduct Webinars

Webinars are cheaper than seminars. Unlike hosting a seminar, conducting a webinar is near to free. You can use free apps to invite your customers.

  Tell them through this webinar that they can discuss their fears and you will help them understand new market trends. In the long run, this will open new business opportunities.

·      Use Online Wholesale Marketplace

Online Wholesale Marketplace increases the sales potential for your business. As a wholesale business, you can find suppliers and retailers on the same platform. These online wholesale markets help you get amazing deals from suppliers.

In addition, you can check the market trends. What products are in demand? How are your competitors selling them? What margin are they making? You can find answers to these questions to improve your services.

·      Use Digital Platforms

Digital platforms have become one of the most effective marketing tools. Many platforms like Facebook, Quora, LinkedIn, and so on are available to exhibit your products at no charge. Many retailers explore digital platforms for business opportunities.

Since these platforms also give some offers and advertisement concessions to their users throughout the year, more people register their businesses on these platforms to save money. Target your audience through these platforms.

·      Offer Dropship

Retailers sometimes look for someone who can deliver to their customers directly.

If you are not offering drop shipping as a regular service, you can offer it for a limited time during certain festivals and holidays as a marketing stunt. This will help you gain the trust of your clients. This connectivity will help you build long-term business relationships.

·      Smooth Payment Process

Make sure your customers have a smooth payment process. A wholesale business that can’t provide its customers with an easy payment process usually loses its target audience.

·      Ensure Amazing Customer Experience

 Nowadays, retailers want everything to be delivered within 1-2 days. And if they have problems with the order, they want it fixed immediately.

In the event of such a panic, your customer service team should be fully trained and equipped with all the knowledge to assist them.

Conclusion

We hope these tips and techniques will help you increase your sales in 2021. Let us know which ones worked out for you.  Also, share your thoughts in the comments section below.

Good luck!

The post 10 Ways to Boost Your Wholesale Sale in 2021 first appeared on Yogesh Gaur.