{"id":8379,"date":"2023-01-19T03:14:14","date_gmt":"2023-01-19T03:14:14","guid":{"rendered":"https:\/\/dmsretail.com\/RetailNews\/winning-with-general-merchandise\/"},"modified":"2023-01-19T03:14:14","modified_gmt":"2023-01-19T03:14:14","slug":"winning-with-general-merchandise","status":"publish","type":"post","link":"https:\/\/dmsretail.com\/RetailNews\/winning-with-general-merchandise\/","title":{"rendered":"Winning With General Merchandise"},"content":{"rendered":"<p> <p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/>\n<\/p>\n<div>\n<p id=\"back-to-top\">For both wholesalers and retailers, the ability to offer a wide range of merchandise can be the means to successful sales, especially in today\u2019s economy. Consumers are in the market for value, and smart wholesale companies provide independent retailers with product and pricing options that promote high profit margins, stimulate consumer interest, and enable brands to offer goods at bargain prices.<\/p>\n<p>Here are some general merchandise wholesale suppliers whose products can make you a profit:<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" loading=\"lazy\" width=\"500\" height=\"200\" src=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/warehouse-500x200-1.jpg\" alt=\"warehouse with pallets of products\" class=\"wp-image-89702\" srcset=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/warehouse-500x200-1.jpg 500w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/warehouse-500x200-1-300x120.jpg 300w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/warehouse-500x200-1-150x60.jpg 150w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/warehouse-500x200-1-450x180.jpg 450w\" sizes=\"auto, (max-width: 500px) 100vw, 500px\"\/><\/figure>\n<\/div>\n<p><strong>Bargain Max<\/strong> is a wholesaler, liquidator, distributor, and retailer founded in 1985 by Douglas Hipps. The company specializes in buying closeout merchandise and offers it to independent retailers at the lowest possible prices.\u00a0<\/p>\n<p>Bargain Max, Inc. offers a wide range of generally merchandise, including:<\/p>\n<ul>\n<li><strong>Dollar Store Items<\/strong><\/li>\n<li><strong>Food Goods<\/strong><\/li>\n<li><strong>Health &amp; Beauty Products<\/strong><\/li>\n<li><strong>Office Supplies<\/strong><\/li>\n<li><strong>Toys<\/strong><\/li>\n<li>And more!<\/li>\n<\/ul>\n<p>\u201cWe have always had a hybrid business, with both retail and outlet stores, as well as a wholesale operation,\u201d Hipps said. \u201cThe good thing about having a hybrid operation is that your retail will carry you when your wholesale is down, and vice versa. Right now, we\u2019re expanding our business, mainly through wholesale to mom-and-pop shops.\u201d\u00a0<\/p>\n<h3><strong>Special Deals<\/strong><\/h3>\n<p>Promotions are deal specific, and Bargain Max sells by the case, trailer load, and pallet load. There is no minimum order, but the company strives to reach a $300 price point. Bargain Max has agreements with national chains and also works with bankruptcy courts to acquire inventory.\u00a0<\/p>\n<p>\u201cWe\u2019ll break off some goods for our retail outlet and others go to wholesale. We wholesale to all different groups \u2014 everything from Native American reservations to Big Lots,\u201d Hipps said. \u201cThe export trend is nice for all goods right now, and we are exporting more than we have in the past. There seems to be money from overseas coming into the U.S., which is good for the U.S. designer and regular clothing trends. There is also huge demand overseas for American-made groceries.\u201d\u00a0<\/p>\n<h3><strong>Excellent Customer Service<\/strong><\/h3>\n<p>Hipps says customer service is the heart of Bargain Max. \u201cWe\u2019re very conscientious that our clients succeed. We want a marriage. We don\u2019t want someone to buy one load of merchandise and that be it. We call the customer and make sure it\u2019s been a successful purchase for them, and that they have a return on their investment, which is when we offer subsequent deals. I\u2019ve always believed firmly in a win-win situation,\u201d he said.\u00a0<\/p>\n<p>back to top<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/direct-liquidation-1000x400-1-740x296.png\" alt=\"Direct Liquidations website\" class=\"wp-image-89703\" width=\"555\" height=\"222\" srcset=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/direct-liquidation-1000x400-1-740x296.png 740w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/direct-liquidation-1000x400-1-300x120.png 300w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/direct-liquidation-1000x400-1-768x307.png 768w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/direct-liquidation-1000x400-1-150x60.png 150w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/direct-liquidation-1000x400-1-450x180.png 450w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/direct-liquidation-1000x400-1.png 1000w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\"\/><\/figure>\n<\/div>\n<p><strong>Direct Liquidation<\/strong> is an online auction platform where verified businesses can bid on different pallets and truckloads of customer returns, end-of-life, overstock, and refurbished products. The merchandise comes from top national retailers with over 100 product categories including electronics, automotive, tools, appliances, and more. All of this can be found on their super easy-to-use online auction platform.\u00a0<\/p>\n<h3><strong>How it Works<\/strong><\/h3>\n<p>In order to bid on products, you must first set up a <strong>free user account<\/strong>. After registering, you must first confirm your email, and then verify a payment method to ensure you are ready to start bidding. Direct Liquidation provides several ways to search for the product you desire, including:<\/p>\n<ul>\n<li>Entering <strong>Keywords<\/strong><\/li>\n<li>Searching Through <strong>Categories<\/strong><\/li>\n<li>Browsing Through <strong>Featured Auctions<\/strong><\/li>\n<\/ul>\n<p>Once you find something of interest, you can start bidding. A bid box is located prominently at the top of each auction page. Enter your bid in the box and press \u2018BID NOW.\u2019\u00a0<\/p>\n<p>For your convenience, you can enter the maximum amount you are willing to pay for the lot. The system will automatically input the lowest bid required to make you the top bid for that auction. If no bids have been placed and yours is higher than the reserved price, your bid will automatically be set to the reserve price for that auction. After, make sure to monitor the auction to see if you\u2019ve won the bid or not.\u00a0<\/p>\n<h3><strong>In-House Refurbishment<\/strong><\/h3>\n<p>All product refurbishment is done at Direct Liquidation\u2019s in-house facilities. Returned items are processed to ensure they operate according to the manufacturer\u2019s original specifications, are kitted with new accessories, warrantied, and placed in retail-ready\/new packaging for resale. Merchandise is warehoused at one of six U.S. and Canadian centers and is available for shipment to virtually anywhere in the world.\u00a0<\/p>\n<p>back to top<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/pricemaster-website-1000x400-1-740x296.png\" alt=\"Pricemaster website\" class=\"wp-image-89704\" width=\"555\" height=\"222\" srcset=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/pricemaster-website-1000x400-1-740x296.png 740w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/pricemaster-website-1000x400-1-300x120.png 300w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/pricemaster-website-1000x400-1-768x307.png 768w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/pricemaster-website-1000x400-1-150x60.png 150w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/pricemaster-website-1000x400-1-450x180.png 450w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/pricemaster-website-1000x400-1.png 1000w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\"\/><\/figure>\n<\/div>\n<p>Located in Queens, New York, <strong>Price Master<\/strong> is a national distributor to regional wholesalers, rack jobbers, cash \u2018n carry outlets, convenience stores, dollar stores, and many other businesses. The company carries more than 3,000 general merchandise products and leading brands, such as; Duracell, Tylenol, Colgate, Bic, Chapstick, Kodak and more!<\/p>\n<p>On top of these popular brands, Price Master Corporation also carries a variety of products in categories including:<\/p>\n<ul>\n<li><strong>Consumer Electronics<\/strong><\/li>\n<li><strong>Batteries<\/strong><\/li>\n<li><strong>Photographic Films<\/strong><\/li>\n<li><strong>Health &amp; Beauty Aids<\/strong><\/li>\n<li><strong>Vitamins and Energy<\/strong><\/li>\n<li><strong>Cigarettes and Tobacco<\/strong><\/li>\n<li>And more!<\/li>\n<\/ul>\n<p>\u201cWhatever is good for convenience stores and dollar stores, we include in our line,\u201d Nahid Najimi, Sales and Marketing Manager for Price Master Corporation, said. \u201cElectronic cigarette lighters are a hot item right now, and retailers can expect 100% margins on our merchandise.\u201d\u00a0<\/p>\n<p>The supplier delivers free freight within a 50-mile radius from Queens for orders over $1,000. There are also other free freight programs for the rest of the country, and you can inquire about these programs by calling 800-538-3873. Price Master uses Common Carriers, UPS, FED-EX, and DHL for areas outside of their delivery radius.\u00a0<\/p>\n<p>back to top<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/regent-website-1000x400-1-740x296.png\" alt=\"Regent website\" class=\"wp-image-89705\" width=\"555\" height=\"222\" srcset=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/regent-website-1000x400-1-740x296.png 740w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/regent-website-1000x400-1-300x120.png 300w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/regent-website-1000x400-1-768x307.png 768w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/regent-website-1000x400-1-150x60.png 150w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/regent-website-1000x400-1-450x180.png 450w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/regent-website-1000x400-1.png 1000w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\"\/><\/figure>\n<\/div>\n<p>Located in River Grove, Illinois, and founded by Mike DePaul and Williams Bailes in 1985, <strong>Regent Products Corp.<\/strong> is a supplier of domestic imports, domestic general merchandise, dollar store items, and name brand closeouts. The company carries 4,000 items in 20 categories, including:\u00a0<\/p>\n<ul>\n<li><strong>Baby Products<\/strong><\/li>\n<li><strong>Health, Beauty, &amp; Wellness<\/strong><\/li>\n<li><strong>Books<\/strong><\/li>\n<li><strong>Handbags &amp; Luggage<\/strong><\/li>\n<li><strong>Lawn &amp; Garden<\/strong><\/li>\n<li><strong>Kitchenware<\/strong><\/li>\n<li><strong>Seasonal Merchandise<\/strong><\/li>\n<li><strong>Toys<\/strong><\/li>\n<li>And more!<\/li>\n<\/ul>\n<p>With closeouts comprising about 25% of the company\u2019s product mix, the remainder are direct imports specifically made for Regent Products. Independent retailers\u2019 margins are generally 40% if they shop for a product mix of closeout and regular items, according to Ken Soens, Sales Manager for the company.\u00a0<\/p>\n<p>Three quarters of their direct imports are packaged under Regent Products\u2019 Good Old Values brand. All of the seasonal items, toys, party supplies, tools, health and beauty, and kitchen gadgets are branded GOV, but pet and plastic items are not.\u00a0<\/p>\n<h3><strong>Opening Price Point Items<\/strong><\/h3>\n<p>\u201cRegent Products offers a wide range of \u2018extreme value\u2019 (opening price point) merchandise,\u201d Soens said. \u201cWe can supply and fill the needs of anyone with a dollar store, and we also are heavily involved with grocery trade, drug trade, and mass merchants.\u201d\u00a0<\/p>\n<p>Hardware chains, like many of its customers, use Regent Products for promotional end caps or circular ads. \u201cThey might use our products for a dollar promotion, and put our merchandise such as BBQ tongs and grill cleaners on the front cover to drive traffic into their store. Our products can be viewed as the opening price point, the value item, and there might be something more high-end like a $20 grill scrubber in the store so the customer has a choice,\u201d Soens said.\u00a0<\/p>\n<h3><strong>Eye-Catching Packaging<\/strong><\/h3>\n<p>Regent Products works with major factories that produce products for large retailers around the country, and the quality is very good. Packaging products to sell is critical for independent retailers.\u00a0<\/p>\n<p>\u201cIt\u2019s really important to attract the customer\u2019s eye. Many competitors don\u2019t do that. They just take whatever packaging the manufacturer gives them, and it can be boring and uninviting. We\u2019re trying to bring a little sizzle to the product and packaging,\u201d Soens said.\u00a0<\/p>\n<h3><strong>Popular Products<\/strong><\/h3>\n<p>The company\u2019s most popular category is pets. \u201cOur pet business has gone through the roof over the last five years,\u201d Soens said. \u201cI\u2019ve also seen a huge increase in sales of plastics such as serving trays, food storage, and catering-type products.\u201d<\/p>\n<p>Another popular trend is multiple price points. \u201c\u2018Two for $3,\u2019 and \u2018Nothing over $5\u2019 are growing massively, and we\u2019re responding to that by having more products at those price points to support that segment. We keep our eye on the retail market so we can offer the best value,\u201d Soens said.\u00a0<\/p>\n<h3><strong>Your One-Stop-Shop<\/strong><\/h3>\n<p>Regent Products strives to be the independent retailer\u2019s one-stop-shop by offering great packaging, exceptional customer service, and good freight rates. Here is just some of what you can expect from the company:<\/p>\n<ul>\n<li><strong>Competitive freight rates<\/strong><\/li>\n<li>Full-time customer service staff<\/li>\n<li>They work with other vendors to get certain products<\/li>\n<li>An open showroom to <strong>browse merchandise<\/strong>\n<\/li>\n<\/ul>\n<p>back to top<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/wholesalegoodz-website-740x296.jpg\" alt=\"WholesaleGoodZ website\" class=\"wp-image-89706\" width=\"555\" height=\"222\" srcset=\"https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/wholesalegoodz-website-740x296.jpg 740w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/wholesalegoodz-website-300x120.jpg 300w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/wholesalegoodz-website-768x307.jpg 768w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/wholesalegoodz-website-150x60.jpg 150w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/wholesalegoodz-website-450x180.jpg 450w, https:\/\/blog.wholesalecentral.com\/wp-content\/uploads\/2012\/07\/wholesalegoodz-website.jpg 800w\" sizes=\"auto, (max-width: 555px) 100vw, 555px\"\/><\/figure>\n<\/div>\n<p>Founded by Raymond Weng and Karen Zhang, <strong>R&amp;M Wholesale<\/strong> is a direct import company that specializes in wholesale general merchandise such as:<\/p>\n<ul>\n<li><strong>Housewares<\/strong><\/li>\n<li><strong>Tools<\/strong><\/li>\n<li><strong>Kitchenware<\/strong><\/li>\n<li><strong>Toys<\/strong><\/li>\n<li><strong>Gifts<\/strong><\/li>\n<li><strong>Jewelry<\/strong><\/li>\n<li><strong>Socks<\/strong><\/li>\n<li>And more!<\/li>\n<\/ul>\n<p>Formerly known as Yweng Trading Inc, the company serves all sorts of resellers looking for a bargain. \u201cWe try to carry what everyone needs and to keep up with the latest trends in order to be the most helpful to our customers. When the rubber band bracelets were big, we got those for everyone. Summer items are popular right now, especially light-up toys,\u201d Shannon Miller, Office Manager for R&amp;M Wholesale USA, said.\u00a0<\/p>\n<p>They are open Monday through Friday from 9am to 5pm EST, and their customer service representatives can assist you with any questions. Please call 1-866-251-6878 or 330-479-9950 during operating hours. Retailers can also visit their showroom located at 3033 Navarre Rd SW, Canton, OH 44706.\u00a0<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p>For even more general merchandise wholesale suppliers, visit <strong>www.WholesaleCentral.com<\/strong> and click on the \u2018<strong>General Merchandise<\/strong>\u2019 category.<\/p>\n<p>back to top<\/p>\n<\/p><\/div>\n<p><p><a href=\"https:\/\/dmsretail.com\/online-workshops-list\/\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-496\" src=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png\" alt=\"Retail Online Training\" width=\"729\" height=\"91\" srcset=\"https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90.png 729w, https:\/\/dmsretail.com\/RetailNews\/wp-content\/uploads\/2022\/05\/RETAIL-ONLINE-TRAINING-728-X-90-300x37.png 300w\" sizes=\"auto, (max-width: 729px) 100vw, 729px\" \/><\/a><\/p><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>For both wholesalers and retailers, the ability to offer a wide range of merchandise can be the means to successful sales, especially in today\u2019s economy. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-8379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-magazines"],"_links":{"self":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/8379","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/comments?post=8379"}],"version-history":[{"count":0,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/posts\/8379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media\/8380"}],"wp:attachment":[{"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/media?parent=8379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/categories?post=8379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dmsretail.com\/RetailNews\/wp-json\/wp\/v2\/tags?post=8379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}