A burning question for many brands already in the wholesale space (and for those that are just getting started) is how do I keep growing my buyer base?
While it’s relatively easy to start with buyers you already know or those within your vertical, expanding beyond that initial network can be difficult.
With over 18 years of helping brands grow their wholesale business, we figured we have something to say on the topic.
There’s a whole book we can write on how to grow your buyer base, but think of this advice as the prologue.
Breaking it down into three simple strategies that can help you navigate your expansion in wholesale: be creative, be consistent, and be selective.
Being creative doesn’t just mean offering unique products; it’s about being flexible and innovative in how you present your offerings and collaborate with potential retail partners.
Consider these tactics:
By offering unconventional solutions and being open to testing different strategies, you can make it easier for retailers to consider your products, even if they don’t align perfectly with their current assortment.
Consistency is key to building relationships and gaining traction in the wholesale market. You’ve probably heard that it takes multiple touchpoints to capture someone’s attention—this is especially true for wholesale buyers.
Here’s how to stay on their radar:
Being consistently visible and offering tailored solutions will set you apart from other brands and increase your chances of getting noticed.
It's important not to overextend yourself while you’re scaling your wholesale business. Not every retail account will be a perfect fit, and trying to sell to every potential buyer can be overwhelming and counterproductive. Here’s how to be strategic:
Being selective allows you to manage your growth more effectively, ensuring that each new account is a strategic fit that enhances your brand’s presence and reputation.
Entering the wholesale market requires more than just great products; it takes strategic thinking, persistence, and creativity.
By being creative in your approach, consistent in your outreach, and selective with your partnerships, you can build a strong foundation for long-term success in the wholesale space.
Remember, it’s not about reaching every buyer—it’s about reaching the right buyers. With these strategies, you'll be well on your way to expanding your wholesale reach and growing your brand.