If you want to make money selling wholesale perfumes, you need to know where to find the best deals.
For businesses that are new to the wholesale perfume marketplace, it can be a bit of a minefield to find the right supplier.
Fortunately, there are tips and techniques that you can adopt to make sure you can score the best deals for you and your customers.
Know the market
As mentioned above, if you are new to the wholesale perfume business, you may not know how much certain fragrances are worth. Therefore, if you want to ensure you get the best prices, then you need to take the time to thoroughly research the market.
Take a closer look at some of the most searched wholesale fragrance suppliers online to see what they are charging for their perfumes and colognes. Then, find out how much your target audience is willing to pay for these products and set your prices accordingly.
Once you have a better understanding of the market, you will be in a much better position to find the best deals.
Don’t be afraid to haggle
When you find a wholesale perfume supplier that you want to buy from, don’t fall into the trap of thinking that you have to accept their listed prices. You may be surprised at just how many wholesalers will be more than willing to lower their initial prices, especially if you are going to buy a large amount or they want you to become aloyal customer.
Although you shouldn’t go in too low, don’t be afraid to ask for a slightly lower price or simply ask if they are willing to offer you a better deal.
Remember, if you don’t ask, you don’t get.
Buy locally
Although you can sometimes find better deals on perfumes and colognes when you buy from another country, you do have to factor in the cost of shipping your items, which can be high if you are buying in bulk. You may also have to pay fees at customs.
Therefore, if you want to find the best deals and support your country’s economy, it can often be a better idea to buy wholesale fragrances locally. For example, directfragrances.online are based in the United States and offer some amazing deals across all the top perfume designer brands.
You may also want to participate in local trade fairs where you can meet perfume and cologne wholesalers in person and test the products for yourself.
Seek out clearance and discontinued fragrances
Wholesale fragrance suppliers often have excess inventory that they want to get rid of, and this provides the perfect opportunity for you to score a great deal.
Also, always check out the clearance section of a supplier’s website, as you can often find some amazing offers here on discontinued fragrances or perfumes that are out of season. These can then be stored and sold when they are back in season at a much greater profit.
