Cutting Out the Middleman Leads to Higher Profits

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If you are a retailer and you have purchased jewelry in the past, it is very likely that you bought from a wholesaler and it’s very likely you’ve paid too much. The manufacturer created the item, but because you never had access to the factory directly, you ended up paying through the nose and this affected your overall profits. Thankfully that has all changed now and now businesses can deal directly with the actual factory. The middleman has been taken out of the equation and it has made doing business a lot easier. Now that this middleman is out of the way, the factory itself can make savings and they will pass the savings on to you.

Cutting Out the Middleman Leads to Higher Profits

There are a vast number of jewelry factories that provide the best value, and they are now available to you. You can now contact them directly to get prices and you can learn about the complete range of jewelry and any amendments that they can make to them. This means that you can now offer customers unique pieces of jewelry that no one has worn before. There are so many benefits to ordering directly from the factory and the following are just a few of them.

– Unbeatable prices – Now that the middleman is out of the way, you can get a better portion of the profits and this allows you to save an incredible amount of money. You will be surprised to know that the wholesaler adds an additional 50% to the factory price and you have been paying this additional money for many years now. Think of the savings that you could have made if you had approached the factory much sooner. It is upsetting even thinking about it.

– Better & faster customer service – Now that you are dealing directly with the factory you get access to customer support directly and you actually get to talk to the people who work at the factory and who are involved in the production process. This means that customer service will be a lot better and it will also be a lot faster. Response times will improve immediately and you need the status of your order, you can get the updates in a matter of moments.

– Less fees & less paperwork – Now that the middleman is out of the way, there will be less business agreements to sign and less forms that you have to fill in which is going to save you an incredible amount of time and stress. The many fees associated with dealing with a wholesaler like import/export fees and sourcing fees will be a thing of the past. Buying with confidence is essential if you are to increase profits.

These are only three of the reasons why it is so much better to deal directly with the factory and now you should be able to see your profits rise in a fairer and more equitable manner. Maybe you can pass the savings on to the final customer and so you will also increase your customer base.

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