If you’re on your way to building your first vape retail business, finding the right products for your shop can be a daunting process. Fortunately, the vaping industry is thriving like never before, which means that more wholesale suppliers are emerging to cater to your needs.
It all boils down to knowing the tricks and tips o finding the right vape wholesale company that suits your business. Identifying what factors you need to consider should help you work with a supplier that ensures high-quality, authentic products that will satisfy your growing pool of customers. Here’s what you should know:
Tip #1: Consider the Location of Your Wholesale Supplier
One of the most critical steps you need to make when deciding the right wholesaler is determining where you’d like to order your supply. There are various options in the market, such as overseas and local-based suppliers, and the right choice depends on your priorities.
Ordering your products from overseas wholesalers tend to be the budget-friendlier option, though the process of shipping along with the delivery costs may be counter-productive for local vape shops. If you’re a small-scale retailer, it’s best to work with distributors and suppliers that match your business hours for a speedier transaction.
Of course, there are also suppliers from other regions that can ship at the same rate and price, such as local-based wholesalers.
Tip #2: Explore the Wholesaler’s Inventories
Brands have a powerful impact on customer loyalty, which is why it’s crucial to analyze which brands your consumers prefer buying in comparison to your other stocks in-store. This will help you determine the appropriate supplier that carries the most coveted products along with a variety of flavours to choose from.
This will also steer you away from wholesalers that have an enormous catalogue of outdated or unpopular products. Hiring an up-to-date wholesale supplier that connects you with the brands you are interested in will ensure that you have access to high-quality, trendy, and trusted products that are sure to be a fan favourite in your shop.
Tip #3: Determine the Minimum Order Requirement
All distributors and suppliers have their minimum order requirement, which determines the smallest amount of product you can purchase in a single order. Knowing this is critical as it goes hand-in-hand with the pricing as well as your requirements for your stock.
Tip #4: Determine the Variable Pricing
The prices per unit largely depend on the bulk of your order. For instance, if you’re purchasing a quantity of 100 vape juices, most wholesale vape companies may charge you £1 per unit. Meanwhile, buying a bulk of 200 could cost you £0.50 per unit. With that in mind, choose a supplier that best fits your budget.
Finding the right distributor and supplier for your vape shop is one of the most vital elements of establishing a successful business. However, finding the right wholesale vape company can be a tricky process. That’s why knowing what factors to look for during your search is crucial as it should help narrow down your list and lead you to the best candidates that suit your needs and budget.
If you are looking for the best e-juice supplier in the UK, get in touch with us to see how we can help.