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Wholesale Audio Club Q&A
More Wholesale Audio Club Q&A
If you are new to the
electronics industry:
I have compiled this new
question and answer outline, so the new dealers can brush up on the terms
used in our industry.
Ready to get started.
Q: What is a manufacturer?
A: A manufacturer is the
maker of the brand. Most manufacturers of mobile electronics reside in China
& Korea. (Although some of the better brands do manufacture here in the USA)
Q: What is a distributor?
A: A distributor is a
privately owned mass supplier to the dealers. The distributor has massive
buying power and stocks each electronics item in large quantities.
Most wholesale
electronics distributors here in the USA sell at the same "dealer price"
that the actual manufacturer does. The distributors function is to supply
the electronics goods at a closer proximity without a price increase to the
licensed dealer. Keep in mind, using "will-call" is a way to save $$. Simply
search for the distributors in your state after completion of your
membership. You will save tons on shipping - by picking up the orders
yourself. ( will-call )
There are over 145
massive 50,000 SQ Foot wholesale electronics warehouses across the United
States. Chances are there are many near you. Remember, these companies only
sell to licensed retailers / dealers / internet sellers / etc.
Q: What is a drop shipper?
A: A drop shipper is a
wholesale distributor that is willing to ship to more than 1 location for
you. A drop ship distributor will ship anything to anyone, any state.
You pay for the product,
they ship it directly to your customer. You never touch the product. This
saves on shipping costs, therefore increasing your profit potential.
Q: What makes a company a "real wholesaler"
A: ALL real wholesalers
require a valid tax i.d. and or business license from all applicants. Real
wholesale distributors will clearly mark their sites and catalogs with
"Wholesale sales only to
dealers" A real wholesale distributor will never sell to the general public.
Your wholesale sources remain confidential.
Q: What is a factory rep?
A: A factory rep is the
guy who calls on the dealers for the manufacturers. He sells and trains the
dealers. All manufacturers have "reps"
We list all 12 volt reps
here in the United States within the main Wholesale Audio Club Logged In
Section. You will only need to deal with the factory rep when you buy direct
and not through a wholesale distributor.
Q: What are trade shows?
A: A trade show is the
place where all of the manufacturers show their new products to the dealers
and the wholesale distributors. Each year there are several confidential
trade shows for the consumer electronics industry. You must be a licensed
dealer at least,.. to attend these shows. We of course list all of the best
trade shows for the consumer electronics industry within the logged in
section of the main club site. You will have access within a few hours of
activation. Call and reserve your hotel room for the winter consumer
electronics show! See ya there!
What are trade schools?
A: Trade schools are
schools / colleges / that provide education on specific trades. Of course we
list all of the trade schools for mobile electronics here in the USA -
within the logged in section of the main club site. There are many schools
providing classes on mobile electronics / car audio installation and sales.
Q: What is a retailer?
A: A retailer is a dealer
/ outlet that sells to anyone. Examples include: Circuit City, Best Buy, The
good guys, Audio Express etc.....
Q: What is a dealer?
A: see " what is a
retailer" above.
Q: What is a master distributor?
A: A master distributor
is also known as a "parallel distributor" These companies carry double
quantities as well as have the "harder to locate brands"
A master distributor can
also be simply a "large scale" distributor. They buy in massive 60 Ft.
Container lots and offer amazingly low wholesale prices. Wholesale Audio
Club uncovers the real master-wholesalers of car and some home audio here in
the United States. We make it easy for the small dealer to plug in to where
the big boys buy their goods. Get ready to take your business to the next
level and beyond.
Q: What is e-bay?
A: E-Bay is an auction
house. Small dealers and private sellers list their goods for sale to the
highest bidder. Our members have much more success selling through custom
web sites, although if done right, you can make thousands on e-bay. Its all
about finding nitch products. It can be done,....however, we suggest selling
through small shops, and custom web sites made for selling audio. The flea
market, local high schools..... are also great places to sell audio &
electronics.
Q: Why sell electronics?
A: Billions are spent
each year on consumer electronics. Do you know anyone who doesn’t own a
stereo? Why not sell things people need and use. Everyone uses audio &
electronics items! Plus, you love electronics too right? Go ahead and put
some of those profits in your pocket.
Q: What does net-30 mean?
A: Net-30 is where you
buy products on credit throughout the month and the distributor sends you a
bill for the entire months purchases. N-30 = net 30 days
Q: What is
COD?
A: COD means Cash On
Delivery. UPS offers COD services for mail order dealers who will ship the
oder to the customer and have them pay UPS upon delivery of the item. Then
UPS sends you the check or money order.
Q: What is an open account?
A: see ( Net-30 ) above.
An open account is where you buy on credit from the distributor. You will be
invoiced monthly for your purchases. You must apply for any and all net-30
or open terms.
Q: What does pre-paid shipping mean?
A: Pre-Paid shipping
means that you have reached the desired volume or dollar amount to qualify
for the order to be shipped "Pre-Paid Freight" the distributor is paying for
the shipping. Usually this happens at the $2,500 level.
Q: What is a container?
A: A container is a
"Railway Container" these are the big shipping containers you see on the
railroad lines. Large volume distributors and retailers order in this way.
There are 40 Foot and 60
Foot rail containers.
Q: What is a skid?
A: A skid is a pallet of
merchandise found in a wholesale warehouse. Usually a skid will be shrink
wrapped and ready for transport. If you can, its best to buy "a skid" at a
time from the larger wholesalers. You will receive discounts based on volume
orders. Every wholesaler will offer additional discounts based on larger
volume quantities.
It is not necessary to
buy "skids"
Q: What does volume order mean?
A: Volume means quantity.
The larger the volume, the larger the quantity.
Q: What is an importer?
A: An importer is a large
warehouse that brings in its merchandise from outside of the United States.
What is a parallel distributor?
A: A (parallel)
Distributor is a wholesale distributor known for carrying brands that can
only be purchased parallel through other mass merchants. In other
words, they are not direct with the manufacturer. Often the warranty from
such distributors is “repair only”
What does purchase order mean?
A: Purchase order means
to place an order for purchase. The “buyer” of the electronics store usually
generates store purchase orders to be filled by the various wholesale
distributors.
What is a
PO ?
A: See “purchase order”
above
What is a Purchase Order Number?
A: A purchase order
number is the number assigned to the purchase order for record keeping by
the stereo shop and the supplier.
What is an RMA ?
A: RMA = Return
Merchandise Authorization It is customary to receive a RMA reference number
from your supplier prior to sending any merchandise back for repair or
re-stock.
Why do I need an RMA?
A: Most all wholesalers /
distributors & manufacturers require a RMA prior to acceptance of your
return. If you send something back without a RMA, its likely it won’t be
processed.
What is a tax i.d. ?
A: A tax id is a number
that is assigned to you by the federal government. This number gives you the
right to buy at wholesale with no sales tax.
What is a business license?
A: A business license is
a license issued to you by your state. This gives you the legal ability to
buy & re-sell items as a “ business “
Where can I get a Tax i.d. or Business license?
A: For information
about business licensing, contact your state capital. They can best assist
you. Or click
here for help.
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