381 | Prep Your Product for Wholesale with Katie Hunt & Alex Gagné, Chez Gagné
To successfully sell wholesale, you must focus on your product line first. If you do not have a product line that has a unique point of view, is priced right, and has strong profit margins, you'll have a difficult time when you start doing sales and marketing, particularly on the wholesale side.
A strong product line is the foundation of a strong wholesale revenue stream, which is why we start every round of Paper Camp, our wholesale coaching program, helping everyone audit their product line.
We want to ensure that your products are priced for profit and they meet industry standards. For seasoned wholesalers, we want to ensure that you're releasing new products when the market is primed to buy and that any new product categories that you're offering will fold well into your primary offerings.
Now more than ever, it is easy to start a product-based business, but strategically growing a product-based business and selling those products to the wholesale market requires unique strategies, which is what we focus on and teach you in Paper Camp.
Today's episode is an excerpt from a Paper Camp coaching call with Alex Gagné of Chez Gagné, who is also a speaker for this round of Paper Camp. She talks about her wholesale growth, product expansion, and she speaks candidly about the challenges and successes she's faced along the way.
Today's episode is brought to you by our Paper Camp program, which is now open for enrollment. Paper Camp is our wholesale coaching program where we teach you everything you need to know to build strong wholesale foundations. Over the course of 4 weeks, we tackle your product line, sales tools, and marketing plan, and we even talk about how to exhibit at trade shows if that's what you want to do. We start with your product line and go into everything from how often you should be releasing new products to ensuring that your numbers are sustainable for the wholesale market and their price for profit.
Then we move into sales tools you must have for selling wholesale so you make a strong first impression with buyers like catalogs and your terms and conditions. Then, we cover marketing strategies and ways to reach various store owners.
Each week's teachings build on the previous week, and we host weekly live engaging coaching calls to answer all of your questions.
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Connect with Katie Hunt
Katie Hunt is a business strategist, podcaster, mentor and mama to four. She helps product based businesses build profitable, sustainable companies through her conferences, courses and coaching programs.
Website: prooftoproduct.com | Instagram: @prooftoproduct