subject: Distributor and Dealers – A Very Lucrative Business Format [print this page] A distributor business owner acts like a middleman between the manufacturer and the consumers. In fact, this business format can be found in every nook and corner of the world. Without dealers and distributors it will become very complicated for the manufacturers to make their products reach the market for the targeted audience. For instance, there are many manufacturers of handloom products in the rural areas and the products manufactured by them are supplied in different parts of the country with the help of a strong network of dealers and distributors.
Role of distributors business:
Manufacturers play the role of producing products and it is the retailers who sell the finished products to end users. For example, a soft toy is manufactured and packaged, then sold to consumers through retail outlets located in different areas. In between, however, there is a very major role played by distributors or dealers to move the finished products from manufacturer to the market from where the targeted audience can purchase them easily. Some are retail distributors also who sell finished products directly to consumers (end users). There is another section also known as merchant wholesale distributors who purchase finished products from the manufacturer or other source and then distribute the same to companies that either want to resell the products to end users or use them for their own purpose.
Getting into the business:
Hundreds of new dealers and distributors businesses are started every year, and there are many brands that even franchise their business model. Whether you're currently a professional or bored with your current job, investing in a distributor franchise may be the right business for you. Here you will need to work on trading goods for higher and higher profit. Marketing the product and organizing the available stocks are two vital skills for any trading and distribution franchise business to be successful. Well, if you have these qualities then this is one industry where you can invest without any second thoughts.
Put simply, as the owner of distributor franchise or dealers franchise business, you will be buying goods to sell at a profit, much like a retailer would. The only difference is that here the owners needs to work in a business-to-business realm by selling to retail companies and other wholesale firms. Here the owner will not be directly dealing with the end users.
Basic requirements of distributors business
The field of distributors business is a true buying and selling game. Owner of such business needs to have good negotiation skills, eye to find out the next "hot" item in your particular category, and keen salesmanship. The idea is to buy the product at a low price, then make a profit by tacking on a amount that still makes the deal attractive to your customer. Experts say that individuals having sales background can enjoy better success in this area. Along with these skills having financial and business management skills is an added advantage.
So, what are you waiting for? Look for a leading distributor franchise or dealers franchise opportunity and get set to start your own business for higher profit and instant success.
Distributor and Dealers A Very Lucrative Business Format
By: Fanchise India
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