In talking with people who would like to sell their product to
Wal-Mart, Joe McVoy has seen 3 misunderstandings people have
about doing business with Wal-Mart that keep them from even
trying.
Myth # 1: You Have To Be a Big Company To Sell To Wal-Mart
Wal-Mart has 61,000 United States suppliers and thousands
more international suppliers, so they can’t all be large
companies. Small companies still need to meet their vendor
requirements, but if you are applying under their "store
of the community" program, you can start by supplying only
a few stores and don’t have to meet the same financial
requirements as a national vendor.
Myth # 2: Wal-Mart Will Beat You Down On Price So Much You
Will Not Be Able To Make Any Money
It’s true that some suppliers don’t make any money, but
those are the suppliers who are selling a commodity and
whose products are identical to their competitors so it
all comes down to price. In that situation, the lowest
cost producer may be the only one to make money. None of
Joe McVoy’s products were commodities and because they were all
unique and different and Joe made good profits dealing
with Wal-Mart.
Myth # 3: Wal-Mart Doesn’t Pay On Time And Will Make You
Wait 6 Months To Get Paid
As long as you follow their procedures, you’ll get paid
on time. The last time Joe McVoy dealt with them, he offered
them an extra discount if they paid in 10 days and they
took the discount and always paid on time. When you get
set up as a vendor, your pricing and payment terms will
be part of your agreement and they will honor those terms.
Joe McVoy says they are one of the most ethical retailers he
has ever done business with.
If you want to learn more, Joe McVoy has recorded a 60 minute CD
that sells for $39.95 that we’ve arranged for you to get at
no charge. It explains how to develop products that will
sell and how to get them into Wal-Mart and other retailers.
You can download the MP3 audio files and PDF transcript
completely free at:
http://www.chinaapparel.net/walmart/
PS: Get it now before the price goes back to $39.95!
You may contact:
Calvin Lee Director, International Business Development Profitable Marketing Systems LLC 15731 Tetley St 6F Los Angeles (Hacienda Heights), CA 91745 U.S.A. Tel: 626-893-1829 Fax: 303-604-6839 Email: Calvin@WalMartSecrets.com or Calvin@ProfitableMarketingSystems.com
