Do you have an Etsy Wholesale Product and Want to Sell to Retail? Karen Waksman, founder of Retail MBA will give you tips and strategies on Selling Etsy Wholesale to Retail to help you get started today!
Looking to take your Etsy Wholesale product to the next level and start selling to retailers? Karen Waksman, the founder of Retail MBA has some tips and strategies that can help you kickstart your journey.
Transitioning from Etsy Wholesale to Retail
If your goal is to sell your products to retailers it’s essential to figure out how you can produce them in bulk. This entails being able to fulfill orders of 5,000 units or more. It could involve setting up a warehouse, near your location or collaborating with manufacturers
On the other hand, selling to retailers like boutiques is relatively easier to get into. The only challenge lies in the amount of effort required as you have to open one account at a time and rely on representatives for states. However if you’re willing to put in the work there’s no wrong way when it comes to selling your product.
Waksman suggests exploring approaches for selling products to retailers. You can target buyers who make purchases for all their stores. Alternatively you can sell directly to buyers who oversee around 100 stores of thousands. Additionally there’s an opportunity, for selling products through stores where store managers and owners make purchases.
If you’re in the business of selling luxury items you might consider developing an version of your product under a different brand name. This approach can help generate revenue and support the sales of your priced products.
Expanding into channels can be a strategy to elevate your Etsy products. By implementing the tactics you can generate profits. Ensure the longevity of your premium offerings. For details please visit Retail MBA.
Outline of "How to Sell Etsy Wholesale to Retail" Transcript:
Are you a seller on Etsy looking to expand your business by selling to retailers? Karen Waksman, the founder of Retail MBA has some tips and strategies to help you get started.
Producing in Bulk for Mass Retailers
If you have plans to sell your products to retailers one crucial aspect is figuring out how to manufacture your product in quantities. This could involve setting up a warehouse near your location and hiring a team of workers or collaborating with manufacturers.
Small Retailers and Boutiques
Selling to retailers and boutiques may be comparatively easier. It does require additional effort. You’ll need to approach them one store at a time and rely on sales representatives for states unless you’re open to traveling around with your product.
Dealing with Corporate Buyers
For those aiming to sell their products at retailers like Macys there are dedicated buyers for purchasing products for all their stores. These buyers handle the procurement process across the chain of stores.
Regional Buyers
Certain retailers have buying offices that enable you to sell your products at a level. In cases if a retailer has 500 stores each regional buyer is responsible for purchasing items for around 100 stores, than overseeing all of them.
Local Buyers
In settings store managers or owners themselves have the authority to purchase items specifically for their individual stores.
This means that you have the option to have your brand name associated with your product. You can only sell it in one particular store.
Creating an Additional Product
If you’re selling a high end product on Etsy one strategy is to develop an version of that product and target a larger audience. By doing you can generate income while continuing to offer your pricier products.
Getting Started
Expanding your Etsy business by selling to retailers can be highly beneficial. The approach will vary based on the nature of your product and the specific type of retailer you wish to engage with. Karen Waksman, from Retail MBA provides a training program designed to assist individuals in monetizing their products
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!
Check Out Our Additional Blog Posts Here:
Retail Terms
Retail Terms – What are the payment terms typically offered by retail chains? Click Here to Learn More!
Retail Vendor
Retail Vendor – What are the common mistakes to avoid when selling to retail chains? Click Here to Learn More!
How to Sell Your Holiday Products to Retail Chains
New Training on How to Sell Your Holiday Products to Retail Chains
Ulta Beauty Vendor
Ulta Beauty Vendor – How to Sell to Ulta Beauty Stores. Click Here to Learn More!
Retail Strategy
Retail Strategy – How do I handle negotiations with retail chains? Click Here to Learn More!