This Week's Newsletter
 
  • Tradeshow Calendar Updates
    Check and see if a product wholesale tradeshow
    is headed to your area!

  • Insider Tips
    Tips, tricks and features to help you get the most
    out of our Directory of Certified Wholesalers.

  • Directory Sneak-Peek
    New Products Added! Browse thru a sample of
    the wholesale products from the Suppliers we
    added this week.



About Us
At Worldwide Brands, our passion is making sure Online Sellers have access to the same top quality (actual Supply Chain) Wholesalers that professional Retail Stores use. Watch our Video above.
This Week's Newsletter
 
  • Tradeshow Calendar Updates
    Check and see if a product wholesale tradeshow is headed to your area!

  • Insider Tips
    Tips, tricks and features to help you get the most out of our Directory of Certified Wholesalers.

  • Directory Sneak-Peek
    New Products Added! Browse thru a sample of the wholesale products from the Suppliers we added this week.



About Us
At Worldwide Brands, our passion is making sure Online Sellers have access to the same top quality (actual Supply Chain) Wholesalers that professional Retail Stores use. Watch our Video above.
 
 




On The Road Again...
Wholesale Tradeshow Calendar

Wholesale Product Tradeshows are a great place to see the latest products and even get an insight into upcoming trends. Even though some tradeshows can be expensive to attend (and require retailer registration info) you'll be able to see lots of legit Suppliers. Many of the Suppliers we list in our Directory of Certified Wholesalers have come from Tradeshow leads so you might even run into our Research Staff!



On The Road Again...
Wholesale Tradeshow Calendar

Wholesale Product Tradeshows are a great place to see the latest products and even get an insight into upcoming trends. Even though some tradeshows can be expensive to attend (and require retailer registration info) you'll be able to see lots of legit Suppliers. Many of the Suppliers we list in our Directory of Certified Wholesalers have come from Tradeshow leads so you might even run into our Research Staff!



DATE DESCRIPTION LOCATION
Jan 24-26, 2024 Sports Licensing & Tailgate Show Las Vegas, NV
Jan 25-28, 2024 The NAMM Show Anaheim, CA
Jan 27-29, 2024 Biloxi Mississippi Gift Show Biloxi, MS
Jan 27-31, 2024 Centurion Luxury Jewelry Show Phoenix, AZ
Jan 28-Feb 1, 2024 Winter Las Vegas Market (Furniture) Las Vegas, NV



Don't have time for Tradeshows?

As a Member of Worldwide Brands you don't have to go to Tradeshows to find genuine suppliers. We visit Tradeshows, Warehouses and more to find the best Suppliers for YOU. All you have to do is login and you can instantly search 100% genuine Suppliers from the comfort of your home. (Not a Worldwide Brands Member? Click Here to Join)



Don't have time for Tradeshows?

As a Member of Worldwide Brands you don't have to go to Tradeshows to find genuine suppliers. We visit Tradeshows, Warehouses and more to find the best Suppliers for YOU. All you have to do is login and you can instantly search 100% genuine Suppliers from the comfort of your home. (Not a Worldwide Brands Member? Click Here to Join)
 
 
This Week's Insider Tip
Wholesale Terms for Beginners -Part 2
By Tisha Hedges, Director of Operations of Worldwide Brands


In order to have a better working relationship with your wholesale supplier, you need to understand the wholesale terms, abbreviations and acronyms that they use. Yes, learn it before you ask the supplier for the definition! Plus, it will make you look more professional to the supplier.

So.. MAP, NET 30, FOB, MOQ, QOH..etc what do all of these things mean?

QOH - acronym for Quantity On Hand

wholesale term QOH image showing a warehouse with boxes and shelves

You will want to pay close attention to this one! This number reveals the quantity of an item that the wholesaler has available in their inventory at any given time. Some wholesalers keep this private in dealer only areas of their websites and others, you have to ask about their quantity levels.


NOTE: It is extremely important to know your suppliers inventory levels at all times if you are using them as a drop shipper. You will want to make sure to remove any products where the inventory has dropped low to zero. Or on your site you can inform your customers that you only have limited quantities available and to contact you if they can still get one. This will avoid having backorder headaches. So pay close attention, especially during the Holidays!


MOQ - stands for Minimum Order Quantity

wholesale term MOQ images shows a man and woman with stacks of boxes

Typically the confidential dealer price list will have a MOQ column. This is the minimum amount of products that can be ordered each time. It will be shown in either dollar amounts of unit amounts. So when you place orders with your wholesale supplier, the MOQ determines the smallest amount you can get of that particular item. The MOQ will greatly range depending on the industry. Larger pricier products have a smaller MOQ than smaller, less expensive products.


NOTE: Remember that wholesale is a volume business. Profit margins are thin for wholesalers, and so they make more money by selling in large quantities at one time. The same applies to the retailer. When you buy in volume, you can make more profit as well because the more you buy, the cheaper each individual item gets.


SPQ - means for Standard Pack Quantity

wholesale term SPQ image shows a package being taped up completing a packaged order

Sometimes you will hear a few variations of certain wholesale terms. I've also heard it referred to as "Standard Packing Quantity" and "Standard Package Quantity". It all means the same thing though, it's the minimum amount of multiple products that can be ordered in one package. Just like MOQ, SPQ's also range greatly between industries. For example, a wholesaler with toasters might have a SPQ of 4, but a wholesaler for dish cloths could have a SPQ of 200 or more.


NOTE: Keep an eye on MOQ and SPQ if a wholesaler requires both. For example, even though a lamp wholesaler might have a general minimum dollar order of $100.00, they might also have a SPQ of 4. So if a lamp costs $75.00 at wholesale, you must still buy 4, and so your minimum in this scenario is $300.00.


We here at WorldwideBrands.com have been communicating with wholesalers and retailers for over 20 years! We KNOW what these terms mean and ask our listed suppliers some of this information when researching them for a listing in our B2B Directory of Certified Wholesalers. Asking about MAP policies and what their SKU counts are, helps us to understand how big their business is, and what they require from their dealers.

This was PART 2 of Wholesale Terms for Beginners.
To read PART 1, GO HERE.

 
 


Directory Sneak-Peek
Wholesale Products Added This Week!
We are always working hard to find our Members the BEST possible Wholesale Drop Shippers and Bulk Distributors. Here's a small sample of the latest Certified Wholesalers our Research Team added to our Directory of Certified Wholesalers this past week...

Pet Supplies

Tools & Hardware

Clothing, Shoes & Accessories

Baby & Maternity

Clothing, Shoes & Accessories

Food & Drinks

Sporting Goods

Sporting Goods

Clothing, Shoes & Accessories

Home & Garden

Sporting Goods

Sporting Goods

Health & Beauty

Business & Industrial

Home & Garden
(Note: This is only a small sample. Login to see ALL New Suppliers added this week.)
 
 


Helpful Ecommerce
Trusted Service Spotlight
We ONLY recommend Services we know and TRUST. In fact, some of the services we recommend we don't take any commissions. We do it because we know it's a services that can really help you. If you are looking for the help they are offering then you should check them out. They are places you can trust.
REAL WHOLESALE


Over 8000 Wholesalers and Dropshippers ready to work with online retailers. Sell on your own website? Perfect!

Sell on Amazon, eBay or other third party sites? We list thousands that will work with you.

Get Access IMMEDIATELY after your one time payment for a lifetime membership!

WHAT TO SELL


Sell Niches is our #1 recommendation for our Members that don't know what to sell.

They give you a very simple step by step course on how to find your own untapped niche product markets. You'll learn how to fully research any product before you try to sell it online. Their service has saved our members thousands of dollars in mistakes and helps you jumpstart your business faster than just about any other service we recommend.

Because when you're done with Sell Niches you'll know what to sell and be ready to start building your business! 





WHAT TO SELL


Sell Niches is our #1 recommendation for our Members that don't know what to sell.

They give you a very simple step by step course on how to find your own untapped niche product markets. You'll learn how to fully research any product before you try to sell it online. Their service has saved our members thousands of dollars in mistakes and helps you jumpstart your business faster than just about any other service we recommend.

Because when you're done with Sell Niches you'll know what to sell and be ready to start building your business!