Do you have an Etsy Wholesale Product and Want to Sell to Retail? Karen Waksman, founder of Retail MBA will give you tips and strategies on Selling Etsy Wholesale to Retail to help you get started today!
Looking to take your Etsy product to the level and start selling to retailers? Karen Waksman, the founder of Retail MBA has some tips and strategies to help you get started.
When it comes to selling your products in bulk to retailers like chain stores there are a few things you need to consider. Firstly you’ll need a plan, on how to produce your product in quantities. We’re talking about fulfilling orders of 5,000 units or more. This might require setting up a warehouse by or partnering with a manufacturer overseas.
On the other hand, if you’re targeting retailers such as boutiques getting in is comparatively easier. The only catch is that it requires effort as you have to approach them one account at a time and rely on representatives for states.. If you’re willing to put in the hustle there’s no wrong way to sell your product.
Waksman suggests exploring avenues for selling your products to retailers. You can choose between selling to buyers who purchase for all their stores nationwide or opting for regional buyers responsible, for around 100 stores instead of thousands. Another option is targeting stores where store managers and owners make individual purchase decisions.
If you’re in the business of selling luxury items another approach could be to develop an version of your product marketed under a distinct brand name. This approach can help generate revenue and support the sales of your priced offerings.
Expanding your market by selling your Etsy product to retailers is a strategy for elevating its reach. By implementing tactics you can generate profits. Maintain the demand, for your premium products. For details feel free to explore Retail MBAs resources.
Outline of "How to Sell Etsy Wholesale to Retail" Transcript:
Are you an Etsy seller looking to expand your business by selling to retailers? Karen Waksman, the founder of Retail MBA has shared some tips and strategies to help you kickstart this journey.
Producing in Bulk for Larger Retailers
If your goal is to sell your products to retailers it’s essential to devise a plan, for production. This might involve setting up a warehouse near your location and hiring workers or partnering with manufacturers
Working with Small Retailers and Boutiques
Selling to retailers and boutiques can be easier. Requires more effort. You’ll need to approach them one account at a time. Alternatively you can rely on sales representatives in states unless you’re willing to travel with your products.
Engaging Corporate Buyers
If your target is a retailer like Macys there will be a designated buyer for purchasing products for all their stores. This buyer serves as the contact point for acquiring inventory across their network.
Collaborating with Regional Buyers
retailers have buying offices that allow you to sell on a more localized level. For instance if there are 500 stores within the retailers network each regional buyer would handle 100 stores of overseeing them all.
Catering to Buyers
In cases individual store managers or owners, within retail chains have the authority to make purchasing decisions specifically for their own stores.
This means that you have the opportunity to sell known brands but limit your sales to a store.
Creating an Additional Product
Suppose you have a high end product listed on Etsy. In that case you can consider developing an version of the same product and target it towards a larger market. This strategy can help generate income and sustain the sales of your priced products.
Expanding your Etsy business by selling to retailers can be an approach. The right method will depend on the nature of your product and the specific type of retailer you wish to target. Karen Waksman, founder of Retail MBA offers training resources designed to assist individuals in monetizing their products.
Step-by-step training on how to sell to major retailers
We explain exactly how to do that and how to get started today. I’ve taught tens of thousands of companies on how to get your products to the stores. And so we’re here to support you. Or please subscribe to our Youtube channel and or be on the lookout for additional training that we create.
We are here to expedite the process of making money with your physical products and that’s what we’re all about. Take a look at our advanced training, live events, certification programs and so much more.
In this training, I will discuss some of the things to think about when approaching a retailer to sell your products and become a vendor. Hope it helps! 🙂
Questions? Contact Us!
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Retail MBA provides a step-by-step formula on How to Sell to Major Retailers, Online Retailers, Smaller Retailers, Catalogs and More. No Experience Required! These solutions continue to convert for clients year-over-year! These are Time-Tested and Proven Strategies that we utilize ourselves when going after stores! Everything we teach, we test. Want access to these formulas? ANY one of our programs and coaching systems gives you access to them now. With that said…
Here are 4 Easy Ways to Work with Us:
1) Free Training – If You Would Like to Join Our Next FREE Webinar Training Called “Retail Chain Store Secrets – How to Sell to Major Retail Chains. No Experience Required” Then Sign Up NOW To Learn All About Selling into Retail Chains By Clicking Here! https://www.retailmba.com
2) Masterclass Intensives – Want to Join our Next 4 Week Elite Retail MBA Masterclass Intensive? These Intensives Are EPIC for people who Love Fast Paced Learning – Homework, Retail Coaching, Developing Your Strategy, Buyers Contacts and More! These Events Are Held Every Quarter. Join us by Clicking Here: https://www.retailmbabrands.com/masterclass
3) Done-for-You Program – If You Want Karen Waksman and Her Team to Reach Out to Your Top Dream Retail Chains On Your Behalf – And You Have a Retail-Ready Product, Check Out our Epic Done-For-You Service by Clicking Here: https://www.retailmbabrands.com/done
4) In Person Events – If You Want to Learn LIVE and Meet Karen Waksman in Person at Our Next Retail Sellers LIVE Event with Other Like-Minded Individuals in Beautiful San Diego, CA!
We Would LOVE to Have You Join Us by Clicking Here: https://www.americasnextretailproduct.com
Thanks so much.
And…if you like this training, you will love these new short training sessions as well! Click on the links provided to watch and grow your consumer product business TODAY!