Dear all,
I'm thinking to import some gift products from Thailand.
I hope you can help me with some information, I need to know how the local retailers deal with distributors.
I'd like to sell my gift products to local retailers and I'm considering 2 options:
1. As a distributor, whereby they buy my products, maybe on credit terms? what are the terms and conditions?
and they can sell at their own marked-up price?
or
2. Sell on consignment? whereby i ask them to sell my products at a certain fixed price and give them certain commission? if so, what percentage should be considered ideal?
which option would have a higher chance of success? which one would be more attractive to these retailers and which one should i adopt?
your kind reply would be very much appreciated,
thank you in advance.
regards,
Marvin