How Joining an Appliance Buying Group Can Make Your Business More Competitive

By: Gervais Group
 
May 8, 2013 - PRLog -- Joining an appliance buying group can provide a number of advantages for independent appliance dealers including lower unit prices, larger and more frequent rebate payments, discounted marketing materials and more. The key for independent appliance dealers is to make sure that the buying group that is ultimately chosen will be the best fit, deliver the right opportunities, and provide the support necessary to grow revenues.

Here are the areas to assess to ensure that you join the best appliance buying group for your business:

• Determine the brands and manufacturers that have programs with the buying group – Make sure that your buying group is working with the producers of products that you want in your store as well as other manufacturers that will allow you to broaden your inventory. A buying group that does not have a program for the products you want in your store won’t add the value that another appliance buying group that is more aligned with your product offerings can provide.
• Look for an appliance buying group that is large enough to command optimal pricing and rebates – While bigger isn’t always better, you’ll want to work with a group that has enough size and buying power to negotiate favorable deals and the best rebate policies possible.
• Find out what existing members think about the group – Finding out the strengths and weakness of a buying group prior to becoming a member can ensure that you get optimal results over the short and long term. For example, if you’re relatively new to the business, working with a buying group that makes a point of offering assistance and support to new businesses will be a much better fit than joining a group that is focused only on exercising its buying power.
• Look out for culture clashes – Make sure that your business’ culture meshes with the culture of the buying group. This doesn’t necessarily mean that everyone has to be perfectly suited for each other, but a relationship with a group that reflects your interests will prove to be far more successful than one where you don’t see eye-to-eye with other members.

Joining an appliance buying group can deliver financial and non-financial benefits for years, especially when the group and its members share similar business practices, philosophies, etc. For more information on selecting the right buying group for your business, visit: http://www.nationwidegroup.org/
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Source:Gervais Group
Email:***@gervaisgroup.com Email Verified
Zip:27103
Tags:Appliance Buying Groups, Electronics Buying Groups, Furniture Buying Group
Industry:Business, Retail
Location:Winston-Salem - North Carolina - United States
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