Buying in bulk and starting to shop wholesale reduces the per item price, no matter what the product is, but buying in wholesale comes with other benefits, too. Here are some:
- A well-stocked inventory – stocking up on the items that your customers look for the most is a good way to convince your customers to stay loyal to your business because you pay attention to what they need;
- A good negotiation position – buying bulk led bulbs at wholesale prices are more favorable upfront than retail prices, but that does not mean that you could not try to negotiate even better prices if your order is really big. If you have led bulbs on a high demand and you also have the warehouse space for it, you can stock up on that product for a very good price if you use your negotiation skills;
- Reduced shipping costs – the choice to shop wholesale reduces the number of shipments that come to you, which also means that you will be able to reduce your shipping costs as well;
- Simplified logistics – receiving fewer shipments will allow you to organize your warehouse more efficiently, optimizing access to your items;
- Saving time for your administrative personnel – buying in bulk means fewer orders placed, less administration and fewer errors as well.