In any business sector, fierce competition is inevitable. This requires your creativity. Not only that, in order to be successful in business, you also have to learn quite a lot. Everything is going to be more difficult because this is a complicated area. However, to sell children toys in large quantities in hurtownia zabawek, you should read our article and consider to www.wolka24.eu.
I. Why is selling children toys in large quantities a potential?
Toys are something that every child loves. No kid grows up without being attached to a few toys. Furthermore, parents always want the best toys for their children. Therefore, parents will consider choosing toys that are safe and capable of intellectual stimulation, helping their children to develop thinking and be intelligent.
Sell children toys in large quantities is a very potential sector
With the above reasons, the investment and opening of wholesale children’s toys are always a very potential and attractive field at all times. Many units have had success in opening toy wholesale stores and supplying products to many other retail stores. However, not all investors are doing well. There are many people who have failed in the industry they love for so many reasons. These reasons may be that the plan is uncertain or because they do not have necessary experience in business to do everything…
II. How much capital does it take to open a children’s toys wholesale store?
Firstly, we will not rush to the experiences you need to learn. We’ll cover how much funding you need to open a baby toy wholesale store. Surely this is the question of most people who are looking to open a wholesale children’s toy store. Capital is a practical problem that we need to clearly calculate from the beginning.
We need to clearly plan the funding that we need to open a baby toy wholesale store
Capital is the decisive factor in the business process. The changing of the business process is based largely on capital. You will certainly need some capital to spend a lot of your investments. The most basic funds will be listed below:
1. Initial capital investment for big order
The capital that we use to place an order will be about 3500-4500 USD. If you purchase in bulk, you will enjoy a higher discount.
2. The cost of renting the premises
If you do not have a place to sell products, of course you will have to pay the rental cost of the space. If your store is at least 20 square meters in size, you’ll need around $1,000 depending on the store’s location. Usually, we will have to pay for this cost from 2 to 3 months. Therefore, you will have to estimate the initial rental cost of about 3,000 USD.
You will have to pay for the site if you do not have a showroom
3. The cost of purchasing smart equipment
With this cost, you will have to pay about 2000 USD including: Goods display racks, shelves, ladders, store management computer systems, cameras … These are necessary equipment to be able to operate an efficient and easy wholesale children’s toys store.
4. Labor costs
Wholesale shops for children’s toys are often large. You cannot sell by yourself. Therefore, labor cost is necessary. You will spend about 500 USD/month per month for each employee. The number of employees will depend on your needs and business model. Therefore, you should consider it sensibly.
Manpower is the cost that you must consider carefully
In addition, you need to pay attention to the backup capital. Because in the process of starting a business, you will certainly have to pay a lot of expenses incurred that you could not know in advance.
III. Where to buy in bulk?
Currently, children’s toy products can be traded in a quite diverse range. On the market, there are many famous brands such as Lego, Kitty, ToYo … These brands have quite high prices. Therefore, when selling children toys in large quantities, always secure the capital needed to buy in bulk. Besides, we should also regularly update new trends in the market to stimulate shopping needs of parents. Here are some places to consider buying in bulk.
1. Buy in bulk at wholesale markets
Wholesale markets often have a wide variety of product samples. Product quality is also quite good. In particular, the price of the product is quite reasonable. However, there may be a problem with some of the products in a shipment. You should check carefully before receiving the goods and making payment.
Where can we buy children’s toys?
2. Buy goods directly from the toy factory
You can contact and purchase products in bulk directly from the manufacturers. This method of buying in bulk will give you a more secure sense of origin and. However, you will certainly need a relatively large amount of capital to get a lot of goods and get a good price.
In addition, you can also purchase in bulk from major brands around the world. Regardless of the method of buying in bulk, please ensure the quality and price of the product.
Hopefully this article has brought readers useful knowledge. Your business process will surely be successful with our support!