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It is not everyone that will have access the company directly. So working as a supplier is still very good business in this present time. The supplier always have the needed connection.Well been a product supplier is not bad but sometimes it may not be profitable simply because alot of people now are more civilised and they tend to order their products directly from the producers.
A product supplier could be a middleman. His main duty is to supply products. He could collect orders from retailers and then place an order in the wholesale market. They receive products from the wholesaler and then they sell it to the retailers. Many people work as suppliers in my city. So, is it a great business? How profitable is it?
Yes this just like a middle man, if you know what you are doing an also the skill set you are having,you are going to make a lot of money from this kind of business.A product supplier could be a middleman. His main duty is to supply products. He could collect orders from retailers and then place an order in the wholesale market. They receive products from the wholesaler and then they sell it to the retailers. Many people work as suppliers in my city. So, is it a great business? How profitable is it?
I think working as a product supplier is a good business. It is highly profitable if you can find for good locations for better customers. I think the business is highly profitable and easy to start also.
Yes, There are some products that requires only one supplier per locality. So, imagine you are the only recognized supplier of a trending product in your locality. That means making more than enough dough.For the fact that you are going to be the major supplier of one particular product or even more than one product, it gives you a better chance of making more profit because you will have a lot of people that you are supplying to and getting a lot of sales on daily basis.
Yes, There are some products that requires only one supplier per locality. So, imagine you are the only recognized supplier of a trending product in your locality. That means making more than enough dough.
Yes, Same thing with some Detergent producing company. Detergent Company like 'Good Mama' have only one supplier per Local Government in my country here. And I think it is like this for several other businesses, Dangote Cement is also an example.It is just like some of the products that Aliko Dangote produces in Nigeria which I know a man who is the only major distributor in the South East of his particular tomato paste product which the man is now a billionaire.
Probably, when you meet someone who has a product you can tell them that you are good in supplying. You can use social media to boost your services and get a lot of people that will be interested for you to supply for them.It is quite easy to do this whether you have your own product or not. Just approach someone that has a product and market them to other people, you get to make your own profit.
They are the ones called the middlemen. The producer depends on them to sell out while the retailers depend on them to get stock. They somehow are very important for both parties and find ways to maximise from both parties.It may be controversial but the truth is some product supplier are making more money than the product producer. As a product supplier, you don't spend much money. You might even be allow to take products on credit so you can distribute to the consumers.
My father used to produce plastic items. The middlemen used to come buy from us and go sell to the retailers at their own prices. Sometimes, their profit margin used to be more than our own as the producers.It may be controversial but the truth is some product supplier are making more money than the product producer. As a product supplier, you don't spend much money. You might even be allow to take products on credit so you can distribute to the consumers.
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