retail terms

Retail Terms

How Can I Protect My Product From Theft or Loss in a Retail Chain?

In this short video training, we will discuss the payment terms typically offered by retail chains. If you have a great consumer product and you’re trying to sell to retailers, it’s important to understand the payment terms involved. Let’s dive into today’s training and explore this topic further.

Understanding Payment Terms

Recently, I had a client who asked me about payment terms during one of our Q&A calls. She was excited about a deal offered by a retail chain, but then they mentioned that they wanted to give her 60-day terms. This meant that she would have to wait 60 days to get paid after delivering the goods to their warehouse. She wasn’t thrilled about this and wanted to know if it was a typical term and what she could do about it.

When dealing with big chain stores and multi-million dollar deals, you often don’t have much say in the payment terms. These established brands know they have the upper hand. They have millions of customers who can buy products from them, both in their physical stores and on their websites. They invest a lot of money to stock products in their stores, so they have the mindset of “deal with it” when it comes to payment terms.

Typical Payment Terms

Typically, big retail chains will offer payment terms of 30 days or 60 days. In rare cases, they may even go up to 90 days if they’re particularly strict. The specific terms can vary depending on the retailer, so there’s no one-size-fits-all approach. When negotiating a deal with a retailer, they will usually inform you of their payment terms before finalizing the agreement.

Negotiating Payment Terms

If a buyer presents you with payment terms that you’re not comfortable with, you can have a further discussion with them. Politely express your preference for shorter payment terms, such as 30 days, and see if they are willing to accommodate your request. However, it’s important to remember that as a business owner, you need to weigh the pros and cons of holding out for shorter payment terms. If the retailer is unwilling to budge, you have to decide whether you’re willing to accept their terms or walk away from the deal.

Appreciating the Opportunity

It’s important to remember that being able to sell your products in big retail stores is a valuable opportunity. These retailers have their own costs associated with running their businesses, and they are doing you a favor by allowing you to be in their stores. While it may be frustrating to wait for payment, it’s essential to approach the situation with understanding and professionalism.

Different from Online Marketplaces

Selling your products through big retail chains is different from selling on online marketplaces like Walmart Marketplace. When you receive an order from a retail chain, they are making a significant investment by buying a specific quantity of units from you. This is different from selling one product at a time with the hope of a return. It’s important to recognize that the payment terms reflect the fact that the retailer is committing to purchasing a large quantity of your products.

Exploring Further Options

If you’re concerned about the delays in payment for larger quantity orders, there are third-party services available that can help you with this. These services can provide financing and handle the payment delays on your behalf. This is a topic that is covered in more detail in my Retail MBA program.


In conclusion, when working with retail chains, it’s important to understand and accept the payment terms they offer. While it may be frustrating to wait for payment, it’s essential to approach the situation with professionalism and appreciation for the opportunity to sell your products in their stores. Remember that negotiation is possible, but ultimately, you need to decide whether the terms are acceptable for your business. If you’re interested in learning more about retail terms and strategies for success, I encourage you to check out my Retail MBA program at

Thank you for reading, and I hope this article has provided you with valuable insights into payment terms in the retail industry. Stay tuned for more informative content from Retail MBA!

retail terms

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! 🙂

Karen Waksman,
Retail MBA

Questions? Contact Us!
1-855-Retail-2 (Call or Text)

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!

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:

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:

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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!

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  3. What NOT to Do When Selling to Retail Chains! 
retail terms

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