We all need to earn some money. You, as a brand, via selling through Orderchamp. Orderchamp earns a commission fee when you sell your products. And the retailer when you provide them with products with great margins. The minimum advised margin (retail price) is 2.2x. It’s not allowed to sell your goods with a lower wholesale price somewhere else. Provide honest MSRP's and do not sell directly to consumers at a lower price than the provided MSRP. That’s obvious right?
As our retailers buy with multiple storefronts, it’s is important that the minimum order amount is set to a reasonable value. We will always look at your type of products, but we recommend a minimum amount of below €100.
Two other important things that will provide you with a substantial growth in number of orders is quantity discounts and minimum order quantity.
If you as a supplier have great margins, great minimum order value but a high minimum order quantity (MOQ), this will negatively influence your conversion. Your MOQ needs to be in line with your storefront’s minimum order amount.
Quantity discounts is a great feature to use to increase the number of products sold in one order. You make it easy for a retailer to buy a larger amount of products. And hey, Orderchamp is a wholesale platform after all. So use the quantity discount option in your storefront to increase margins for your retailers.