As a commercial or residential electrician, it's important you have the tools and equipment required to carry out a wide variety of jobs. When it comes to sourcing this equipment, it's often best to go to a wholesaler as opposed to a manufacturer. Wholesalers typically stock a wide range of brands and buy their stock in bulk, allowing them to offer you a great discount. However, how do you actually go about choosing a great wholesaler? Typically, there are four key things to consider:
If you're a self-employed electrician, or are running a small business of your own, sourcing the best value for money is imperative if you want to maximize your profits.
When it comes to sourcing products, it's important to understand which type of buyer you are. Do you like to haggle over prices to maximize your margin? Or do you prefer a guaranteed fixed price that allows you to plan well in advance?
Whichever type of buyer you are, sourcing a wholesaler that fits your requirements will help you keep a frugal eye over your books. When sourcing a supplier, consider asking each one how flexible they are on their prices and whether or not they offer discount for buying in bulk. This can save you significant money over the long run, particularly as your relationship with the wholesaler develops with time.
When buying standard tools and equipment for routine jobs, there won't be much to split between wholesalers with respect to delivery time. However, you can really set apart the good from the great by comparing the time taken to deliver bespoke items.
As an electrician, you'll no doubt come across a range of jobs that require a very specific piece of equipment. As such, it's important that your wholesaler understands where to source these hard-to-find pieces and can do so in a relatively short time.
With the widespread use of modern technology, many wholesalers are now offering a "click and collect" service. This means you can go online, find the tools you need, order them, and have them delivered directly to your wholesaler. Companies that offer this service are definitely worth consideration, as it can save you a great deal of time during a busy working week.
While you're likely already familiar with the tools of the trade, knowledgeable wholesaler staff can help you to make the right decisions when sourcing your equipment. Specifically, they may be able to offer guidance on different products when sourcing equipment for a job. Additionally, if they have good knowledge of different brands, they may be able to help you when sourcing value for money.
Electrical wholesalers are different from other wholesalers. Due to the highly technical nature of their products, many wholesalers will demand that their staff have a good working knowledge of the industry. Even though they may not understand the specific details of an electrician's job, they will understand industry terminology and how to recommend products that will be of value to you.
In the majority of cases, once you have found a good brand, you will continue to purchase their products. Due to the nature of your work being highly safety-conscious, it's important to have complete faith in the brands you are working with on a day-to-day basis.
The same logic applies to wholesalers. Once you have found a wholesaler with the necessary equipment for sale at a good price, you'll likely build up an element of trust in their company. However, how do you know which wholesalers you can afford this pleasure to?
The most important thing you'll need to know about a wholesaler is their reliability. Are they able to source you the products you need and deliver them on time? Do they ever run out of stock? If so, are they able to find alternative products that fit the requirements?
The specific products you buy from wholesalers isn't too important, as these will come directly from manufacturers. However, ensuring your wholesaler is a reliable partner for your business will ensure you have the correct equipment you need for a wide variety of jobs.