Sales channels to reach your customers
Selling through retailers, wholesalers and other distributors
Selling through an intermediary may be a more cost-effective way of reaching your end-customers than selling to them directly.
If you are targeting business customers who prefer to deal with large suppliers, selling directly to them may not be a realistic option. Instead, you might aim to supply wholesalers who have existing relationships with those businesses.
If individual consumers buy low value quantities of your products, the best option might be to target retailers that sell similar products. Or you might choose to focus your efforts on a relatively small number of wholesalers who can in turn supply your products to many retailers.
Other distribution channels may also reach your end-customers. For example, technology suppliers often sell to resellers who can configure and install the technology to suit end-users’ particular needs.
Managing your distributors
You need distributors who will value your product. If they sell competing products, what will make them push yours?
Knorr Soup B2B Sales Outsourcing firm
Think about how you set your prices. Distributors will be more enthusiastic if they can make a large profit – but setting too low a price will eat into your own margins.
Effective advertising and promotions can be vital. As well as marketing to the distributor, you can promote your products directly to end-customers. Distributors will be keener to stock and sell products that their customers are asking for.
The key terms of the supply relationship should be covered in a written contract. Key issues might include:
Knorr Soup B2B Sales Outsourcing firm
how much stock the distributor will hold
what the distributor will do to promote your products
how quickly you can resupply and minimum order levels
whether the distributor has exclusive rights to your product (for example, in a particular territory)
what happens if either you or the distributor want to end the relationship
Business ideas, Marketing and sales , promotions and advertising ideas , articles
Toys Distributors
The toy industry has taken giant leaps with unconventional, educational and more engrossing products. Distributors are important, as they are the connecting link between manufacturers and retailers. Anyone owning space and willing to invest can earn attractive returns on investment by taking up distributorship of toy materials and accessories, educational games and various toys be it electrical, wooden or plastic ones. These cater to the market demand and boost your ROI. Become a distributor for kids toys, baby toys, kids educational games, electrical toys, inflatable toys, model toys, stuffed toys, toy accessories, toy guns, intelligent toys, children toys, child toys, remote control toys, baby boy toys, balloons, dolls etc. Visit GetDistributors.com to find out more opportunities to succeed in this industry.