Who Should Buy Wholesale Media?
Buying wholesale media is a smart call if you’re in the resale market. Here, we’ll answer the question, “Who should consider buying wholesale media and why?”
Having a side hustle or additional revenue stream is increasingly common. While some individuals freelance or work for ride-share providers, others open their own small businesses. Buying wholesale CDs, DVDs, and games for resale online or in flea markets is a great way to generate extra income while also being your own boss. The right assortment of wholesale media can give you a high return on your investment—depending on the media you stock and your pricing structure, a $25 wholesale media purchase could lead to $100 in individual sales.
Entering the market as a reseller or media supplier can also be a low-risk way to test your business acumen. You can tailor the amount of wholesale DVDs, CDs, and games to your customer base, as well as scale your business to any size you desire. Compare an initial investment of $1000 in a large shipment of wholesale media to the average cost of becoming a franchisee with a major brand. In the U.S., becoming a franchisee of a well-known company costs approximately $100,000 on the low end. If you want to open an independent business, consider the high failure rate: according to the U.S. Bureau of Labor Statistics, approximately 20% of small businesses fail in their first year and 50% fail by the end of their fifth year. Reselling wholesale media is a low-risk way to start your own small business without taking on the large financial risks of starting an entire enterprise.
Thrift Stores and Resale Shops
If you run a brick and mortar thrift store or resale shop, buying wholesale media is a cost-effective way to build your inventory. Purchasing wholesale DVDs, CDs, and games gives you a wide assortment of media to offer your customers.
Consumers are becoming more knowledgeable and informed about where they buy products, as well as about how those products are sourced. The Association of Resale Professionals attributes the growth of the resale industry to an increased interest in being eco-friendly and sourcing purchases from specialty stores. Wholesale media is recycled, secondhand merchandise that contributes to sustainability. Gently used DVDs, CDs, and games are also a great investment if your resale store specializes in a particular type of media. For example, if you’re the go-to retailer of obscure horror movies, a wholesale DVD pallet with a wide variety of movies is a great investment to appeal to your customer base.
A Wholesale Distributor You Can Trust
Whether you’re an entrepreneur or head of a number of thrift stores, wholesale media can contribute to your profitability. However, it’s important to find a wholesale media distributor you can trust. Katie’s Stores offers affordable bulk media without the requirement of reseller’s permits. To learn more about Katie’s, call (916)-515-9730 or contact us here.