3 must-haves before you start selling wholesale
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- čas přidán 14. 07. 2024
- This is an introductory video for artists, makers, indie product business owners who are interested in getting started with wholesale (selling your products to stores) without having to spend thousands of dollars on trade shows or agents. If you've recently started wholesale, this may still be a good guide for you to check off the checklist of things you need to have or consider to grow your wholesale business.
Wholesale line sheet template: www.easysundayclub.com/collec...
*I mentioned in the video I was going to talk about consignment but forgot to include it in the end, sorry! I'll try to include it in a future video!
Timestamps:
00:00 Gratitude
01:23 What is Wholesale (example)
03:11 Mindset and Expectations
05:07 #1: Profit margin
07:29 #2: Cohesive product line
09:39 #3: Line sheet and examples
12:43 Is Faire hard to get in?
13:57 Start local. Don't take rejections personally
Interested in joining Faire as a seller? Use this referral link: www.faire.com/apply/easysunda...
Interested in joining Faire as a buyer? Use this referral link: easysundayclub.faire.com/. If you are a new buyer to Faire, you can get $200 off and 1 year of free shipping.
Online Store: www.easysundayclub.com
Instagram: / easysundayclub
Twitter: / easysundayclub
Facebook: / easysundayclub
#handmade #wholesale
I just wanted to say that I only have an Etsy shop, and I was accepted on to Faire. So, anyone watching, if that's your only online presence as well, apply anyway! You never know! The answer is always "No" if you don't ask! ❤️
good to know! I referred a shop to Faire a while back and they said that was the reason they said no but they may have loosened up their requirements. thanks for sharing.
*I mentioned in the video I was going to talk about consignment but forgot to include it in the end, oops! I'll try to include it in a future video!
Did you ever make that video? I'm finding that consignment is the way many of the retailers in my area prefer to work and I'd like to know as much as possible about it.
@@vjhreeves not yet but good reminder! I'll add it to my queue. I do like consignment more in some cases.
I truly am always inspired by your detailed videos!
Keep shining!!! #XO❤️🙏🏼💫
As a complete newcomer to selling Wholesale, this was such a useful introduction - thank you! :)
Thank you for the knowledge. 🙏
You're welcome!
Watched this 3 times!! Helping my sister, Maker some sweet crafts (she is an Ace crafter but usually just sells at little shows) with perhaps a line sheet for retailers. Thanks for being so approachable and very down-to-earth about all of this which, she nor I are experts at. Your sheets are beautiful!
you two sound like a dynamic sister duo! I’m glad this was informative.
Very useful video, thank you!
You are an amazing resource- thank you SO much for sharing. I was approached by a retail store about my art on Etsy and panicked. This is exactly what I needed.
Thank you very much! Time to put all these to work!
Yes!
Wonderful informative video! Thank you for making it ❤️
you’re welcome!
I have a little bit of experience in wholesale, but never worked with linesheets so the examples are very helpful! Thank you for sharing your knowledge 💛
no prob ;) thanks for watching, Rianne!
Thank you so much for this video! So helpful and detailed. My question is, is there a "good" time or a "bad" time of the year to reach out for wholesale opportunities? For example, is now not a good time since its so close to Christmas and they may already be stocked up? Thank you!
good question! Yes it’s too late now for holiday. spring is a good time to get your ducks in a row for late spring/summer outreach. A lot of retailers start buying for holiday in the summertime.
@@EasySundayClub Thank you!
Thanks for putting this together and sharing!! I remember from a past video of yours, you said you were looking to get more into licensing(or more passive streams, I think?) - is that still the case? I’m at a crossroads for where to start first. Definitely want to target to businesses as customers, but not sure with wholesale or licensing. Wholesale seems like it’s be easier in a sense to get a yes, especially w what I want to start with- stickers. Also could be better for brand building. But also, cash flow and logistics is scary. These are all assumptions of course.
hi! they’re fair assumptions. In short I decided not to pursue licensing as I think it’s harder to make meaningful amount of income from that source unless you’re already established and have connections/partnerships. I also don’t like to concentrate my reliance on fewer large retail brands. From my observation artists who license never rely on licensing as their sole source of income, but it’s possible to have a viable business from wholesale. Just takes different skills.
Thx for this awesome video. I have a few questions:
Who typically pays for shipping?
What if you have sales that are similar to the wholesale discount? Is that a turn off? Do you have to give a better wholesale price than your sale price?
Thanks!!!
The buyer always pays for shipping unless you have a pre-arranged agreement (e.g.if they place a huge order). I don't recommend having a sale as steep as 50% off unless you're looking to liquidate your old inventory. It's best practice not to undercut your wholesale buyers as it should be a partnership. Thanks for watching!
Love your video So much.How do you make your product catalogs ? Can you make a video how to make it ? Pls 🙈
Oh that’s a good topic. I’ll see if I can make a template from something open source and share-able like Google Slides.
@@EasySundayClub Thank you very much
THanks for the video! I have a question, What about overhead and labor?
Wow thanks so much for your tips! Do you need to have all the items you want to wholesale printed, like a physical sample of every art print for example?
nope. a lot of stores have purchased wholesale products from me sight unseen. for art products i’ve never given samples to a retailer I’ve connected with online.
@@EasySundayClub thank you so much! i hope it's similar with stickers. i want to sell stickers lol! and yes greeting cards too :) so grateful for all your help with this! you're a true gem in the youtube land!
@@UnbrandedLifestyle You're welcome! Tbh I've never had to send samples to a retailer, except when I physically walked in a store to cold pitch my products and decided to leave one behind for the buyer/owner :).
Do you need a wholesale license to succeed in wholesale? I've always feared trying to sell to local retailers because they would have to pay sales tax since I lack a wholesale license.