Whether you have bricks or mortar store, or you are an online merchant – the challenges in finding the best power tool supplier are the same.
Knowing that you can rely on your supplier, that their offer is the best in the market and shipments arrive in time is crucial if you want to stay in business. However, building strong relationships, filtering out the best suppliers and comparing their offers can take time. To get the best purchase cost, consider other suppliers beside official authorised resellers. Sure, it’s convenient to visit official reseller of Makita or DeWalt if you only need a couple of chainsaws or cordless power tools. But if you want your business to be profitable, you need to look further than local resellers.
Without thorough research, you can’t be sure that your current supplier is offering you the best wholesale price in Europe. Discovering the wholesale suppliers for power tools in Germany, Sweden, Spain or in any foreign country can be a game-changer. But how to get access to this network?
Start building relationships
If you want to find the best offers, make sure to take time for your research. Use search engines, build your network on LinkedIn, attend fairs, trade shows and make a list of all your potential partners. After you have a decent list with companies all over Europe, it’s time to get in touch with them and ask for more information. In addition to prices, make sure to ask the following:
- Are there any additional fees or surcharges?
- What are MOQs?
- What are the payment terms?
- Do they offer trade credit?
- Do they offer a warranty?
- How quickly can I get my ordered products?
And now comes the hardest part. After all your potential suppliers have answered your questions, it’s time to start comparing their answers and building the relationships. Define suppliers who meet your needs and focus on the small print. Every supplier has its own agreements and terms and conditions you need to know before making a decision. Make sure to clarify any questions before signing an agreement and securing your deposit.
Use procurement service providers
Luckily, there is an alternative that saves you valuable time and money. If you don’t want to spend hours for research and communication between different vendors, you can use professional power tool procurement service provider instead.
For the best results, choose a company who is a specialist in your industry. So, if you sell power tools, choose a provider like Toolsale, whose primary focus is sourcing wholesale offers for home improvement and power tools, not just general procurement service provider in Europe.
That way, you can be sure they have exactly the right contacts. They will reach out to vendors all across Europe and use strong relationships they have built over the years.
You request the quote and Toolsale will come back to you with the best offers and can quickly clarify all the terms and conditions, so you can be sure you’ll get the maximum value while minimising costs.
If you are looking for a procurement provider or have any questions about power tools, shipping, financing, or insurance, then don’t hesitate to get in touch with us.