Karen Waksman, founder of Retail MBA, recently discussed how to become a vendor for Big Lots, a massive retail chain with over 1,800 stores. Big Lots is known for selling deeply discounted products and closeout items, but they also sell consistent products. In this video, Karen explains the process of selling to Big Lots, and provides tips and strategies for vendors.
Why Sell to Big Lots
Big Lots is a retail chain with over 1,800 stores across the globe. They sell a variety of products, making them a great option for vendors looking to reach a mass audience. Big Lots is known for selling deeply discounted products and closeout items, but they also sell consistent products.
How to Sell to Big Lots
Karen explains that Big Lots is a great option for vendors who have a lot of volume and a great price on their product. He suggests that vendors take a look at a Big Lots store to see if their product could fit. He also notes that Big Lots is open to buying both national brands and regional products.
Tips and Strategies
- Take a look at a Big Lots store to see if your product could fit
- Big Lots is open to buying both national brands and regional products
- Have a great price on your product
- Take a look at Ceman’s Retail MBA website for tips and strategies
Getting Started with Selling into Big Lots
Big Lots is a great option for vendors looking to reach a mass audience. With over 1,800 stores, they are a massive retail chain that sells a variety of products. Ceman provides tips and strategies for vendors looking to sell to Big Lots, and suggests taking a look at his Retail MBA website for more information.
Transcript for this video listed below…
Do you have a product that is perfect to sell to Big Lots stores?
Hi Everyone, this is Karen Waksman, Founder of Retail MBA, and today I want to talk about a becoming a Big Lots Vendor. Now, the reason I decided to create this particular training is because I help tens of thousands of product companies across the globe on getting their products in retail chains. I love what I do, and people ask me about certain retailers, so I just like to support and give you answers and quick tips and strategies, and that’s what this video is all about.
Why you should be selling to Big Lots
Let’s talk about Big Lots. Well, first of all, they have over 1,800 stores that they’re responsible for, which makes it a very massive retail chain, and they actually sell a lot of different products. The reason I like that is because it’s a mass appeal audience. They’re looking for products in every category and so forth, and because I work with so many of you, it does support in the … I deal with products, all sorts of products, and so forth.
Anyways, the thing about Big Lots is that people always think that they only sell overstocked items. What that basically means is deeply discounted products, excess inventory, and that type of thing, and they do. They sell a lot of those.
The advantage of becoming a Big Lots vendor
Actually, it’s very, very common that you go into a Big Lots, and there’ll be some amazing deal for that particular store that literally won’t … Like the product will sell out in one day, so it’s really, really common for people to go into Big Lots and literally buy all of their products for that one particular day, because it’s just this one product, it’s a closeout item and so forth. They make a lot of money bringing in other national brands and so forth into their stores, excess inventory and so forth, dumping it in their stores, and then people buying that product because it’s a great deal.
What you can sell to Big Lots
That’s one way to sell to Big Lots. Definitely, if you have any overstocked items in the excess inventory, anything in large volume that you want to get rid of, Big Lots definitely wants to know about you, and they do have buyers and so forth who would be interested in learning more about your product. But a lot of people don’t know that they actually sell common, consistent products in their stores as well, so they don’t just sell overstocked products. If you have a product that you want to sell the retail chains.
A lot of people don’t even think about getting their products into Big Lots.
Again, they are looking for deals. Generally, they like the national brands and so forth, but they buy new stuff too, whatever their audience will be interested in, so definitely go take a look at a Big Lots, see what’s in store, see if your product can fit and so forth.
What you need to know as a Big Lots vendor
It could be a great opportunity for you, again, because they don’t … A misconception is that they only sell overstocked items, but they actually don’t. They sell consistent products as well. Again, the purpose of this video is just to get you to think about other retailers that you might not, never have thought of before. That’s why I create all these different videos. Again, Big Lots is great if you have a lot of volume, you want your products in stores and so forth, and you have a great price on this product, it’s a common mass appeal item, Big Lots would be definitely a retailer to consider, and/or obviously if you have some sell-out item, close out any excess inventory and stuff.
I mean, you can go into the stores and dump product on them, and a lot of times they’ll take that product if it’s a great idea, it’s a great product and so forth. They buy on a national level. They tend to also buy regionally and so forth because of the fact that they do deal with closeouts in certain areas and so forth.
Learn how to approach, pitch, & sell to Big Lots stores across the USA
Anyways, if you want to know exactly how to pitch them, exactly what to say to them to get them to buy, take a look at my Retail MBA website, retailmba.com. I either have a free training program, which is really powerful. It’s a six-part training series on how to get into retail chains.
All you got to do is add your email address there, or I have a full Retail MBA Training Program, 20 hours of content. In one weekend you can know exactly how to pitch a buyer, how to get them to buy, all the strategies you’ll ever know about retail, and you can start next week getting your products in retail stores. Either way, just take a look at the links below. It’s retailmba.com, and be on the lookout for the additional free videos that I create.
Thanks so much. Hope this helped
Frequently Asked Questions - How to Sell to Big Lots Stores!
- How do I get my products into Big Lots stores?
To get your products into Big Lots stores, you will need to apply to become a Big Lots vendor. You can do this by visiting Big Lots’s website and completing an online vendor application. Or you can follow our Retail MBA (https://www.retailmba.com) Training System where we explain how the sales professionals actually sell into these types of retailers!
If you went the traditional route, the application process typically involves submitting a product sample and accompanying product information sheet (PIS), which should include details on your product, pricing and availability information, and any other relevant information when they ask!
Once you have submitted your application, a Big Lots buyer will review your submission and determine if your products are a good fit for the company. If your application is approved, you will be invited to become a Big Lots vendor and will be given access to the company’s systems and processes. Unfortunately, if you actually submit your product on their website, they don’t always respond. Or review your product appropriately as they ask you very generic questions about your brand and you don’t always get your products reviewed correctly. We try to rectify this through our Retail MBA Training System as we have time-tested proven methods to getting into these types of chain stores! No experience required!
To increase your chances of success, it is important to thoroughly research the market and identify a product that meets a specific need or demand. It is also important to demonstrate that you are able to produce high-quality products that offer value to customers and that you have a reliable supply chain.
Overall, getting your products into Big Lots stores requires a strong commitment to quality and customer service, as well as the ability to meet the company’s strict vendor requirements. With hard work and dedication, it is possible to build a successful partnership with Big Lots and grow your business. Plus you can make millions of dollars with one chain store order. We are here to help as a Retail consultancy if you need help with this!
- How do I contact Big Lots buyers?
There are a few ways you can contact Big Lots buyers:
- Use the “Contact Us” form on Big Lots’s website: You can visit Big Lots’s website and use the “Contact Us” form to send a message to the appropriate department. This is a good option if you are not sure which department or buyer to contact. This is also presented in the vendor section of their website. We highly recommend ignoring this route as buyers tend to overlook amazing products on their website through their vendor portal. Which is why the Founder of Retail MBA is the one who created our powerful Retail MBA Training System which unlocks how to approach, pitch and find the Big Lotsers for you to sell to. You can take a look at what we are up to at https://www.retailmba.com.
- Do NOT Reach out through LinkedIn: Many Big Lots buyers have LinkedIn profiles, which you can use to connect with them directly. You can search for buyers by name or job title and send them a message through LinkedIn but do not reach out to them this way. Many people suggest this. Buyers despise it when you reach out to them in disrespectful ways. Linkedin is where they post their resumes. Not reviewing products!
- Attend industry trade shows and networking events: Big Lots buyers often attend industry trade shows and other events, where you can meet them in person and pitch your product. There are trade shows for every product category. For instance, housewares products can attend the International Housewares Show! Our Founder, Karen Waksman, has spoken at most of the top trade shows on how to sell to retail chains. These are great shows! Please check out our training on how to utilize trade shows appropriately. We explain what NOT to do when going to trade shows in our Retail MBA Training and Coaching Systems.
- Contact the buyer directly: If you know the name and contact information for a specific Big Lots buyer, you can try reaching out to them directly. You can do this by emailing or calling them, but never through sending them a direct message on LinkedIn. If you go this route, do not annoy buyers. Find out what words to use when contacting buyers to get them to actually review your products! Our systems all teach how to do this in a way that buyers love! We’ve taught well over 100,000 product companies how to pitch buyers with our systems listed on RetailMBA.com.
It is important to be respectful and professional when contacting Big Lots buyers, and to make sure you have a clear and compelling pitch for your product. It is also a good idea to do your research and tailor your pitch to the specific interests and needs of the buyer you are contacting.
- What are Big Lots’s vendor requirements?
Big Lots has a number of vendor requirements that must be met in order to do business with the company. These requirements can vary depending on the type of products you are selling and the market in which you operate. Some of the key requirements include:
- High-quality products: Big Lots is committed to offering its customers high-quality products at affordable prices. As a vendor, you will need to demonstrate that you are able to produce products that meet the company’s standards for quality.
- Safety and compliance: Big Lots has strict requirements for the safety and compliance of the products it sells. This includes requirements for materials, labeling, packaging, and other aspects of product design.
- Reliable supply chain: Big Lots relies on a global network of suppliers to meet the needs of its customers. As a vendor, you will need to demonstrate that you have a reliable supply chain that is able to meet the company’s demand for products. Handmade goods would not make sense to sell to Big Lots buyers – they buy in volume!
- Competitive pricing: Big Lots is known for offering its customers epic prices, and as a vendor, you will need to be able to offer competitive pricing in order to do business with the company.
- Strong customer service: Big Lots values strong customer service and expects its vendors to provide timely and accurate responses to customer inquiries and complaints.
- There is a list of requirements they require listed on their vendor portal. Check out their vendor website and you will find out insurance requirements and more!
Overall, becoming a Big Lots vendor requires a strong commitment to quality and customer service, as well as the ability to meet the company’s strict vendor requirements. With hard work and dedication, it is possible to build a successful partnership with Big Lots and grow your business.
- How do I prepare a Big Lots product submission?
To prepare a Big Lots product submission, you will need to create a product sample and accompanying product information sheet. The product sample should be a physical representation of your product, while the product sell sheet should include detailed information on your product, including its features, benefits, and Big Lots market. Do not randomly send samples to them. Buyers need to request these samples! Otherwise you will usually never get a review process from buyers.
Here are some steps you can follow to prepare a Big Lots product submission:
- Research the market: Before you start preparing your product submission, it is important to research the market to ensure that your product meets a specific need or demand. You should also research Big Lots’s product offerings and make sure your product is a good fit for the company.
- Create a product sample: Your product sample should be a physical representation of your product that demonstrates its features and benefits. You should consider creating prototypes or samples in multiple sizes, colors, or variations to give Big Lots buyers a better understanding of your product.
- Create a product information sheet (PIS): Your PIS should include detailed information on your product, including its features, benefits, Big Lots market, pricing, and availability. You should also include any relevant images or graphics that will help buyers to understand your product. We explain EXACTLY how to create the best sell sheets for buyers in our powerful Retail MBA Training System listed on RetailMBA.com.
- Review and edit your submission: Once you have created your product sample and sell sheet, it is important to review and edit your submission to ensure that it is accurate and complete. You should also double-check that you have included all relevant information and that your submission meets Big Lots’s guidelines.
- We teach you exactly what words to use and how to get buyers to buy in a fraction of the time and cost. Be sure to check out our free webinars listed on RetailMBA.com. We explain all of this in detail!
Overall, preparing a Big Lots product submission requires careful planning and attention to detail. By following these steps and ensuring that your submission is accurate and complete, you can increase your chances of success and get your products on Big Lots’s shelves. These are just a few random examples of how to prepare a product submission. Our core Retail MBA Training System takes 10 hours to explain what actually will happen to you if you sell to a retail chain. Why? One chain store order can mean 10’s of millions of dollars to your bottom line. The more you know, the better you will succeed.
- What are Big Lots’s private label requirements?
To prepare a Big Lots product submission, you will need to create a product sample and accompanying product information sheet. The product sample should be a physical representation of your product, while the sell sheet should include detailed information on your product, including its features, benefits, and Big Lots market. Again, our Core Retail MBA Training System explains how to create a powerful sell sheet and how to contact the private label buyer and submit your product as would the sales professionals!
Here are some first steps you can follow to prepare a Big Lots product submission:
- Research the market: Before you start preparing your product submission, it is important to research the market to ensure that your product meets a specific need or demand. You should also research Big Lots’s product offerings and make sure your product is a good fit for the company.
- Create a product sample: Your product sample should be a physical representation of your product that demonstrates its features and benefits. You should consider creating prototypes or samples in multiple sizes, colors, or variations to give Big Lots buyers a better understanding of your product.
- Create a product information sheet: Your sell sheet should include detailed information on your product, including its features, benefits, Big Lots market, pricing, and availability. You should also include any relevant images or graphics that will help buyers to understand your product.
- Review and edit your submission: Once you have created your product sample and sell sheet, it is important to review and edit your submission to ensure that it is accurate and complete. You should also double-check that you have included all relevant information and that your submission meets Big Lots’s guidelines.
- 6. Branding and packaging: Big Lots’s private label products must be clearly branded and properly packaged to ensure that they stand out on the shelf and are easy for customers to identify.
Overall, preparing a Big Lots product submission requires careful planning and attention to detail. Why? One order can make you millions of dollars!
When working with the private label buyer, they will instruct you on how to package using their branding! All of this is explained in our training systems listed on RetailMBA.com
- How does Big Lots source products?
Big Lots sources products from a wide range of vendors, both domestic and international. The company has a team of buyers and sourcing professionals who are responsible for identifying and evaluating potential vendors and products.
To source products, Big Lots uses a variety of methods, including:
- Online vendor application: Big Lots has an online vendor application process that allows potential vendors to submit product samples and information sheets for review. This is a good option for small and medium-sized businesses that are interested in selling their products in Big Lots stores.We suggest not going through this route as you could get lost in the process. Find out more by checking out one of our Retail MBA Training systems listed on RetailMBA.com.
- Trade shows and industry events: Big Lots buyers often attend trade shows and other industry events to discover new products and meet with potential vendors.
- Direct contact: Big Lots buyers may also reach out to potential vendors directly, either through online channels or by attending industry events and networking with other professionals.
- Partnering with manufacturers: Big Lots may also work directly with manufacturers to develop private label products or to secure exclusive distribution rights for certain products.
Overall, Big Lots uses a variety of methods to source products, including online applications, trade shows, direct contact, and partnerships with manufacturers. The company is always looking for high-quality products that offer value to customers and that meet the company’s strict vendor requirements.
- What is Big Lots’s return policy for vendors?
Big Lots’s return policy for vendors varies depending on the product and the circumstances of the return. In general, the company has a “no return” policy for many types of products, but may make exceptions in cases where there are quality issues or other problems with the product.
If a customer returns a product to Big Lots that was manufactured or supplied by a vendor, the vendor may be responsible for accepting the return and providing a refund or replacement product. In these cases, the vendor should work with Big Lots to resolve the issue and ensure that the customer is satisfied.
If a vendor is unable to accept a return or provide a refund or replacement product, Big Lots may choose to dispose of the product or return it to the vendor at the vendor’s expense.
Overall, it is important for vendors to have a clear understanding of Big Lots’s return policy and to work closely with the company to resolve any issues that may arise. By providing high-quality products and excellent customer service, vendors can minimize the risk of returns and build strong, long-lasting partnerships with Big Lots.
We explain how to avoid chargebacks and fees with Big Lots! All listed on our training and coaching systems listed on RetailMBA.com.
- How do I become a Big Lots preferred vendor?
To become a Big Lots preferred vendor, you will need to meet the company’s vendor requirements and demonstrate that you are able to produce high-quality products that offer value to customers. You will also need to have a reliable supply chain and be able to offer competitive pricing.
To apply to become a Big Lots vendor, you can visit the company’s website and complete an online vendor application. The application process typically involves submitting a product sample and accompanying product information sheet, which should include details on your product, pricing and availability information, and any other relevant information. Or follow our amazing systems that explain what to do!
Once you have submitted your application, a Big Lots buyer will review your submission and determine if your products are a good fit for the company. If your application is approved, you will be invited to become a Big Lots vendor and will be given access to the company’s systems and processes.
To become a preferred vendor, you will need to consistently meet the company’s expectations and demonstrate a track record of producing high-quality products. This may involve meeting certain performance metrics, such as on-time delivery, order accuracy, and customer satisfaction.
Overall, becoming a Big Lots preferred vendor requires a strong commitment to quality and customer service, as well as the ability to meet the company’s strict vendor requirements. With hard work and dedication, it is possible to build a successful partnership with Big Lots and grow your business.
Step-by-step training on how to sell to retail chains!
We explain exactly how to do that and how to get started today. I’ve taught over 100,000 of companies over the years across the globe on how to get your products to the stores. And so we’re here to support you. Or please subscribe to our Youtube channel and or be on the lookout for additional training that we create.
We are here to expedite the process of generating revenue with your physical products and that’s what we’re all about. Take a look at our advanced training, live events, certification programs and so much more.
In this training, I will discuss some of the things to think about when approaching a retailer to sell your products and become a vendor. Hope it helps! 🙂
Karen Waksman,
Retail MBA
Questions? Contact Us!
1-855-Retail-2 (Call or Text)
Email: info@retailmba.com
Retail MBA provides a step-by-step formula on How to Sell to Major Retailers, Online Retailers, Smaller Retailers, Catalogs and More. No Experience Required! These solutions continue to convert for clients year-over-year! These are Time-Tested and Proven Strategies that we utilize ourselves when going after stores! Everything we teach, we test. Want access to these formulas? ANY one of our programs and coaching systems gives you access to them now. With that said…
Here are 5 Easy Ways to Work with Us:
1) Free Training – If You Would Like to Join Our Next FREE Webinar Training Called “Retail Chain Store Secrets – How to Sell to Major Retail Chains. No Experience Required” Then Sign Up NOW To Learn All About Selling into Retail Chains By Clicking Here!
2) Retail MBA Year Long Coaching and Training System – Our Year Long Coaching and Training System with Karen Waksman is POWERFUL! This is our most popular training and coaching system! We walk you through how to approach, pitch and sell to retail chains and we coach you along the way! Join us by Clicking Here!
3) Masterclass Intensives – Want to Join our Next 4 Week Elite Retail MBA Masterclass Intensive? These Intensives Are EPIC for people who Love Fast Paced Learning – Homework, Retail Coaching, Developing Your Strategy, Buyers Contacts and More! These Events Are Held Every Quarter. Join us by Clicking Here!
4) Done-for-You Program – If You Want Karen Waksman and Her Team to Reach Out to Your Top Dream Retail Chains On Your Behalf – And You Have a Retail-Ready Product, Check Out our Epic Done-For-You Service by Clicking Here!
5) In Person Events – If You Want to Learn LIVE and Meet Karen Waksman in Person at Our Next “America’s Next Retail Product: LIVE Event with Other Like-Minded Individuals in Beautiful San Diego, CA! We Would LOVE to Have You Join Us by Clicking Here!