
When you need a large quantity of gift bags, it doesn’t take long for the cost to spin out of control. Whether you want to sell the bags in your shop or use them to showcase products that you offer to your customers, being able to purchase them wholesale will help keep your costs down.
Step 1
Obtain your tax ID (EIN) number. If you are a single proprietor of a small business, you can use your social security number. If you are larger you can apply for a tax ID through the IRS. The number is used when you purchase goods that you plan to use for your business and it prevents the vendor from charging you sales tax.
Step 2
Determine how many gift bags you need to purchase on a weekly or monthly basis. Develop a spread sheet that will inventory and track the different sizes and colors of bags that you purchase, use and need to re-order. This will give you an idea about what type of vendor you should build relationships with.
Step 3
Research local and online gift bag vendors to see who will give you not only the best wholesale prices, but also the fastest delivery and the most available customer service hours. Bags and Boxes 2 ships throughout the nation. With an online catalog, customers choose from a wide variety of gift bags and accessories.They also have an entire line of bags designed for logo printing. Sample House Gift Packaging offers wholesale pricing to customers with tax ID numbers.
Step 4
Choose three or four that seem most likely to meet your needs and contact them to set up an account. Be ready to provide your tax ID number, as many businesses will not give you wholesale prices without it.
Step 5
Send in a small test order to each chosen vendor. Evaluate their shipping speed and their products when they arrive. Call each vendor’s customer service department and ask them to solve a problem, then evaluate their professionalism in that area.
Warnings
- Never make up a fake tax ID number. You could find yourself facing criminal charges by doing this.
Photo Credit
- flowers and shopping bags image by Cristina Cazan from Fotolia.com
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