In the world of e-commerce, expanding product reach is crucial for businesses to thrive. Many online retailers, like Carved Culture, are looking to tap into the wholesale market to boost sales and increase their customer base. Shopify, a popular e-commerce platform, offers several options for sellers to explore wholesale selling opportunities. In this article, we will discuss the various methods available, including setting up a wholesale website, using a wholesale app, and utilising Shopify Plus.
Setting Up a Wholesale Website
One option for selling products on a wholesale basis is to create a separate website dedicated to wholesale transactions. This approach requires additional setup and maintenance but offers more control over the wholesale selling process.
Pros of Setting Up a Wholesale Website
By setting up a separate wholesale website, businesses have complete control over the design, pricing, and shipping rules specific to wholesale customers.
A dedicated wholesale website allows businesses to establish a distinct brand identity tailored to wholesale customers.
Access to wholesale-specific features
With a wholesale website, businesses can implement features like a quick order form for bulk purchases and discount tiers for larger order values.
Cons of Setting Up a Wholesale Website
Setting up a wholesale website involves additional expenses, such as hosting fees and purchasing a new domain.
Building a wholesale website from scratch requires listing products, adding prices, setting up shipping rules, and implementing SEO strategies.
A new wholesale website starts with a domain authority of zero, which means it may take time to establish its credibility with search engines like Google.
Using a Wholesale App
Another option for selling products on a wholesale basis is to leverage the power of Shopify apps specifically designed for wholesale transactions. These apps provide features and functionalities that streamline the wholesale selling process and integrate seamlessly with the existing Shopify store.
Pros of Using a Wholesale App
Adding a wholesale app to an existing Shopify store is a simple process that requires minimal technical expertise.
Separate pricing and shipping rules
Wholesale apps allow businesses to set different pricing and shipping rules for wholesale customers.
Wholesale apps enable businesses to hide wholesale products from retail customers and vice versa, ensuring a seamless shopping experience for each group.
Cons of Using a Wholesale App
Configuring a wholesale app involves adding wholesale prices, assigning customer tags, and potentially creating a login system for wholesale customers.
Confusion with product exclusions
Managing product exclusions can become confusing, especially when businesses have a wide range of products and customer segments.
Some leading wholesale apps come with a price tag comparable to setting up a separate wholesale website.
For businesses that want to transform their existing Shopify store into a comprehensive wholesale platform, Shopify Plus offers a robust solution. Shopify Plus provides access to advanced tools and features without the need for third-party apps.
Pros of Shopify Plus
Shopify Plus consolidates all wholesale functionalities under one platform, eliminating the need for additional apps or websites.
Shopify Plus is designed to handle high volumes of transactions, making it suitable for businesses with significant wholesale operations.
Customizable payment terms
With Shopify Plus, businesses can offer different payment terms to specific customer tags, optimizing the wholesale buying experience.
Cons of Shopify Plus
Higher price point
Shopify Plus comes with a significant cost, starting at approximately $2000 per month. It is best suited for businesses with ample financial resources.
Migrating to Shopify Plus may require a significant investment of time and resources to set up and configure the platform.
When considering wholesale selling options on the Shopify platform, businesses must weigh the pros and cons of each approach. Setting up a wholesale website provides more control and branding opportunities but comes with higher costs and increased workload. Using a wholesale app offers convenience and integration with the existing Shopify store, but complexities may arise with product exclusions. Shopify Plus offers a comprehensive solution for businesses looking to consolidate wholesale operations but requires a substantial financial commitment.
Before making a decision, businesses should carefully evaluate their specific needs, resources, and long-term goals. Whichever method is chosen, the Shopify platform provides a range of options to help businesses tap into the lucrative wholesale market and expand their reach.