“How much is this going to cost me?” It’s something we ask for not only as individuals, but also as dollar store owners. There is a time to buy the “standard” quantity of general merchandise wholesale from vendors. And there is a time to buy extra merchandise. The key is to determine when buying more will cost you less in the long run. Here are some tips for buying more from your wholesale product suppliers when the price is right:
- Avoid making reckless purchases
Consider the dynamics of supply and demand when determining whether to buy more merchandise in bulk from your suppliers. Yes, the minimum prices can certainly be attractive, and worth considering when your provider offers them. But there is a catch. You’ll also want to avoid spending less on products you don’t need. Therefore, consider the inventory turnover factor when determining whether to purchase additional merchandise at a discount from your supplier. If the cheapest product won’t move relatively quickly from your dollar store shelf, then you probably shouldn’t be buying it.

- Ask: “Can I pay this?”
“Impulse buying” is not limited to the buyers of your dollar store. It is also possible when purchasing wholesale general merchandise from its suppliers. Even if a supplier is offering very low prices on wholesale products, do some calculations to determine if your dollar store can afford it. Sometimes it’s hard to pass up deals that seem too good to be true. But if such purchases are not fiscally viable for your company, then it is the right thing to do. Buying additional merchandise from your wholesale supplier is an investment, so it is crucial that you determine how practical that investment is. If your store is streamlining your budget pantry, then you may need to avoid using discounted merchandise.
- Practice the art of negotiation.
Trading is more an art than a science. So when you buy discounted wholesale products from your supplier, try negotiating an even lower price. Basically, you should ask the provider, “How low can you go?” In fact, you may be surprised (pleasantly) that the vendor is willing to further reduce the cost of discounted merchandise to increase sales.
- Consider buying for the future
When determining whether or not to buy discounted products from your dollar store’s general merchandise wholesale supplier, consider how marketable the products would be today and in the future. Obviously, you don’t want to sit on merchandise that will have slow inventory turnover until the end of time. But take into account factors such as the next vacation, shopping trends, etc. While discounted merchandise may not be off the shelves today, there is a possibility that it will in the future. Then consider that option.
- Verify the quality of the discounted merchandise.
This is a crucial step to take. There is always a chance that discounted merchandise may have been discounted due to a reduction in product quality. If that is the case, then you will need to know.



