Have Flexibility with Setting Prices on Travel Size Products and Toiletries with Wholesale Discounts

Posted by Cheap Travel Sizes on October 08, 2013.

Have Flexibility with Setting Prices on Travel Size Products and Toiletries with Wholesale Discounts

  For any business owner reselling travel size products and toiletries to customers, the easiest way to earn higher profits is to buy your items at wholesale discounted prices. In addition, you have more flexibility when determining the amount you want to charge for the products. You might start at one price, and discover the items are not selling as fast as you like. Because you were able to get a discount on your inventories, you can start to reduce the prices gradually until you find the right amount to charge to sell the most items.   One way to help you determine how to set prices for travel sized items is to visit other competitors located near your business.

Check out their available options and selections. Only compare those products which are similar brands, and not generics, close-outs, or clearance items, because your inventories are brand name products with at least an 18 month expiration window. Also, check to see if the items appear dusty, or have been sitting on the shelves for an extended period of time. This lets you know your competitors are charging too much, and the items are not selling quickly.

  The amount of wholesale discount you are able to receive on your travel size products and toiletries depends upon your order total. The larger your order is the more of a discount you are able to receive. For instance, for orders over $500 placed through us here at Cheap Travel Sizes, you receive an additional 5 percent off our already low prices. At higher ordering amounts, the discounts also increase. In addition to your added discount, you receive free standard shipping for your entire order.