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Maximizing relationships and developing relationships through strategic giving is something you should do to show appreciation to your vendors, distributors, and representatives. This kind of giving is a giving that pays off thousand folds.

When a brand says NO, dig deep into it and learn how to turn those NOs into profit to your business. 

Today’s tip is knowing when and what to offer a value to your wholesaler and how extremely important it is to develop a relationship.

One means of maximizing actual relationship with your wholesaler is offering VALUE FIRST. Learn it here.

Learn the power of Standing Orders in your business and how it can help lower your MOQs and lower your product cost here.

Understanding the material cost and not hesitating to reach out to source that product yourself and be the supplier to your own factory is a great way to get your price and your MOQs lowered. I hope this tip helps.

Another tip on negotiating with your factory to lower your MOQs is to pay a little more. Acknowledging that factories has margins and paying a premium price on a product will get you the chance on your MOQ.

Piggybacking might sound like you’re taking advantage but this process is a win-win deal to everyone. I’ll walk you through step by step on how to do piggybacking to lower your product price.

Learn how extremely powerful to know what you can pay for a product and the profits you want to make before entering with the TP with your factory.