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How 'friendly' or not is this industry to grow in



 
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Old April 20th, 2007 Apr 20, 2007 10:40:05 AM -   #1 (permalink)
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Question How 'friendly' or not is this industry to grow in

How would anyone describe this industry in terms of how it is to deal and wheel in?

As a startup, should I be looking for 1-2 solid suppliers/distributors to build with or should I expect to change as the trends change?

Tye
 
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Old April 20th, 2007 Apr 20, 2007 3:13:49 PM -   #2 (permalink)
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Default Re: How 'friendly' or not is this industry to grow in

What specific part of the industry are you talking about?

Quote:
should I be looking for 1-2 solid suppliers/distributors
suppliers/distributors for what?
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Old April 20th, 2007 Apr 20, 2007 3:29:18 PM -   #3 (permalink)
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Default Re: How 'friendly' or not is this industry to grow in

Quote:
Originally Posted by shirtgirl31
How would anyone describe this industry in terms of how it is to deal and wheel in?

As a startup, should I be looking for 1-2 solid suppliers/distributors to build with or should I expect to change as the trends change?

Tye
While your message is a bit cryptic, I think I understand the general meaning of it. As a rule, you do not want to wheel and deal with manufacturers, suppliers, and distributors. You will only burn bridges, which are hard to repair. The industry suppliers are a close knit group who actually trade quite a bit of information within their ranks. If you try to pit one against the other for a better deal, eventually, you won't get a good deal from anyone. This is actually not a very good way to do business.

You should find a supplier that is reasonable, located within a close distance, and that you enjoy having a relationship with. Then buy everything you can from that one supplier. You will find that most will price your purchases on your total volume. A gallon of $80 emulsion can be purchased for as little as $56 when your volume warrants a quantity discount. Those who shop around are seldom getting the best 'long-term' price.

As for substrates, you can get similar deals. For instance, some of the larger textile wholesalers send faxes each morning to their customers. There will be several levels of pricing based on your volume of purchasing. I have been in as many as 7 shops in one day that were all buying from the same wholesaler and seen four different pricing schedules.

Do yourself a favor and devote yourself to building loyalty with your supply chain. When you have a question that needs to be answered you will have a friend to call for information and someone on the other end will take the time to answer you.
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Old April 20th, 2007 Apr 20, 2007 3:49:17 PM -   #4 (permalink)
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Default Re: How 'friendly' or not is this industry to grow in

I don't think that trends will have much to do with it. I'm kinda in the same boat as you just starting out. So far I have found most people I talk to as far as suppliers go, are eager to do business. Like Bill said find a supplier you like and stick with them. Try to find someone local to keep cost down and just for the simple fact that if you happen to be close by you can go in and pick up your order yourself and talk to the people that your getting stuff from. That's just me though I'd rather do business face to face if possible. Nothing better than getting exactly what you want and building good relationships with people. You will probably have to do a lot of research to find a supplier you like. But hey that's the name of the game!
 
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Old April 20th, 2007 Apr 20, 2007 7:50:35 PM -   #5 (permalink)
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Cool Re: How 'friendly' or not is this industry to grow in

I appreciate both of your comments regarding my question.

I guess I was thinking with so much business taking place online, I don't know if its better to look for suppliers all over the US--- just try to find the best supplier/wholesaler locally that work for me as much as possible. However, both of your responses make good business sense. It's kind of good to know some of the traditional modes are still the most effective.

It will be some trial and error I'm sure, but I look forward to finding someone and building a relationship to the point that they know what I expect or even make suggestions before I ask.

I'm actually inspired to know that loyalty is still in!

Tye
 
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Old April 20th, 2007 Apr 20, 2007 8:53:01 PM -   #6 (permalink)
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Default Re: How 'friendly' or not is this industry to grow in

Tye, even with over 50-percent of all marriages ending in divorce within the first two years and the biggest reason on divorce being infidelity, it is surprising that loyalty still works in business, but I am glad that it does!
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