Merchandising & Wholesale Blog

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Do I Need a License to Buy Wholesale?

Do I Need a License to Buy Wholesale?

As a retail or service supplier, you may be thinking about buying from a wholesaler to help save on costs for your business and raise your profits. Buying wholesale means you...

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How Do I Get a Tax ID Number to Buy Wholesale?

How Do I Get a Tax ID Number to Buy Wholesale?

One of the ways retail businesses increase their profits is to buy items wholesale from bulk manufacturers. Buying from wholesalers helps retailers build healthier margins, thanks...

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How to Buy Wholesale Products [Guide to Resale Business]

How to Buy Wholesale Products [Guide to Resale Business]

If you’re someone who is opening a retail store or shop or simply buying wholesale for the first time, it’s paramount to understand the process behind buying wholesale products....

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How to Calculate Inventory Turnover (& Know If It's Good)

How to Calculate Inventory Turnover (& Know If It's Good)

If you’re the owner or merchandiser of a retail or pawn shop business, you know it’s important to keep track of inventory turnover. Between overstocks, managing your warehouse,...

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What Is Good Visual Merchandising?

What Is Good Visual Merchandising?

Retailers, merchandisers, and pawn shop owners who aren’t on top of their visual merchandising are missing out on the chance to greatly increase their sales and their customer...

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What Is a Good Profit Margin on a Product?

What Is a Good Profit Margin on a Product?

When you've stocked your inventory, you want to make sure that it moves at a regular and expedient pace. If you think your products are moving too slow, you might consider...

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How to Pick the Right Rack for Your Retail Store

How to Pick the Right Rack for Your Retail Store

Imagine having a golden-ticket idea or product that will sell itself if customers can simply see it, use it, or ask questions. In this scenario, the space of your retail store...

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How Do I Find Wholesale Suppliers?

How Do I Find Wholesale Suppliers?

Keeping your store supplied, whether you’re running a brick and mortar or an online storefront, is a constant challenge. It’s important to find the perfect wholesale supplier to...

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5 Effective Merchandising Techniques to Increase Sales

5 Effective Merchandising Techniques to Increase Sales

Drawing customers into your store can be a difficult task, especially in today’s world of online shopping. How do you get shoppers to leave their computers and come to your store?...

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What Is a Good Inventory Turnover Ratio?

What Is a Good Inventory Turnover Ratio?

As a retailer, it’s important to know how your inventory is selling so that you can adjust your stock as needed. You can do this by analyzing the inventory turnover ratio, which...

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