As a business selling a product, you have to get it from somewhere, right? This somewhere is usually a product manufacturer, wholesaler, supplier, or a distributor. This applies to all retail fashion products including socks, which come from a socks wholesaler.
Wholesalers play a big role in the supply chain for retailers. In the socks industry, this is no exception.
In this article, we’ll be focusing on socks wholesalers, the differences between distributors and suppliers, and the benefits of working and partnering with a socks wholesaler.
That said, many of the tips and benefits included here apply to wholesalers in the fashion industry in general.
What is a wholesaler?
Let’s start at the beginning.
The Oxford dictionary defines a wholesaler as “a person or company that sells goods in large quantities at low prices, typically to retailers.”
In some cases, the wholesaler and the manufacturer are the same person.
In others, wholesalers buy products from one or more manufacturers and then resell them in bulk to retailers or consumers – usually at a discounted price.
For example, if you’re a store that sells socks or is looking to add socks to your offerings, you’ll want to buy these socks in bulk. This will help you cut down on the cost of buying these products.
To do that, you’ll need to find a socks wholesaler in your country, state, or region.
Whether you’re retailer or a wholesaler, you can sell products to both retailers and customers.
Another option would be to get your wholesale socks in bulk from a supplier or distributor.
Many people seem to think that wholesaling is old-fashioned and dying out because of online retailers. But the truth is, it’s because of the growing number of online stores, demand for wholesalers and buying products in bulk is growing.
Online mega retailers like Amazon, are also contributing to this increasing demand for wholesale products.
“While ecommerce enables direct-to-consumer brands to thrive by lowering the barrier to setting up shop, wholesale still offers consumers a convenient shopping experience where they can find everything they need in one place,” explains Shopify.
There are wholesalers in pretty much every industry you can think of! Whether it’s chairs for dining tables, coffee mugs, coffee machines, or equipment such as TV screens and air conditioners.
However, for the purpose of this article, our focus will be on socks wholesalers.
Socks suppliers vs socks distributors
But what is the difference between a socks supplier and a socks distributor?
A socks supplier can be defined as a person or company that buys products from a manufacturer and offers them to retailers.
“A supplier works with distributors and wholesalers to get them the goods that they need. Without suppliers, no retailers would have access to the products that they want to sell,” explains Product Distribution Strategy.
While a supplier may manufacture products, they wouldn’t have the channels or resources to sell to customers directly.
That’s where distributors come in. Distributors are those who “have the right channels and marketing abilities to distribute their products to wholesalers and sometimes directly to retailers too.”
Imagine the entire product chain. It starts with a manufacturer, who sells their product in bulk to a supplier or wholesaler. This supplier then has to use the services of a distributor to get their product to retailers and other businesses.
Another way to do this would be through a wholesaler, who can sell to both retailers and individuals. However, they sell their products in bulk.
Suppliers are generally a business-to-business (B2B) type of seller. They don’t get in contact with retailers or shoppers.
“When working with a supplier, you first need to know how to find the best supplier for your business. It’s also essential to know how to work with them and how to get the most out of your business relationship,” Product Distribution Strategy advises.
To get the most out of your relationship with a supplier, in this case a socks supplier, you have to be aware of what they can and can’t do for you.
Benefits of buying from a socks wholesaler
As a retailer, you’ll find that there are many benefits to buying from a socks wholesaler.
Here are the 5 main benefits:
1. Saves time
By working with a socks wholesaler, your store, whether online or on-ground, can save lots of time and money.
Wholesalers have large product varieties and are often able to deliver on short notice.
2. Ability to make a profit
Retail businesses get their products in bulk from a wholesaler. Because of that, they get special rates and discounts.
For example, if you’re an online or physical retailer, you can make a bulk order of socks from Moody Socks Factory and get a generous discount.
The discount you get from a wholesaler is usually bigger than what you’d get from a supplier or distributor.
This helps you cut down on your costs, which in turn, helps you make bigger profits.
3. Large product variety
Another benefit to buying from a socks wholesaler is having a large variety of socks types and designs at your disposal.
Suppliers might opt to buy one type of socks or one color or one brand. On the other hand, socks wholesalers have larger varieties that they can sell to retailers.
4. Online purchasing
Wholesalers tend to be larger in size and retail volume than suppliers and distributors. That’s why many socks wholesalers have websites where you, as a retailer or distributor, can buy socks in bulk online.
In addition, you can determine the quality you want and get it delivered to your store’s address within a few days.
If you’re working with Moody Socks, our website is highly secure for online bulk purchases for local retailers, other wholesalers, distributors, and suppliers. You also get high quality packaging and a sock stand for your store.
5. Wider geographical coverage
Another benefit to working with a socks wholesaler is that they can cover a larger geographical footprint.
For example, as a socks manufacturer and wholesaler, Moody Socks works with suppliers, retailers, and other wholesalers in the United States, Europe, Africa, and the Gulf.
Buy wholesale with Moody Socks
So what’s it like buying wholesale socks from Moody?
Moody Socks is both a manufacturer and a socks wholesaler based in Egypt.
For 40 years, we’ve been producing socks for various Egyptian and international brands. Our production lines include women, men, children, athletes, casual wear, and formal wear, just to name a few.
Our 14-stage socks production process starts from setting the tone and selecting the designs, all the way to shipping.
Made with the finest Egyptian cotton, our socks come in various lengths, shapes, sizes, colors, and, of course, trendy and quirky designs.
Think of Moody Socks Factory as an all-socks company that can meet your customers’ needs.
As a manufacturer and wholesaler, we offer our customers large discounts when they buy socks in bulk.
Our customers have enjoyed and repeatedly made orders for our wholesale colorful socks and wholesale cotton socks.
Importing your socks from Egypt
Over the centuries, Egypt has been famous for its Egyptian cotton. And to-date, Egyptian companies continue to export cotton and cotton-made apparel including socks.
The United States has generally been the top export market for Egypt, taking up roughly 50% of Egypt’s apparel exports followed by Europe with 35%, according to the Value Chain Analysis for Apparel from Egypt report released in February 2020.
The report was commissioned by The Centre for the Promotion of Imports from developing countries (CBI), a subset of the Austrian Foundation for Development Research.
One of the benefits that companies often seek and that Egypt proudly offers is the availability of raw Egyptian cotton. This in turn allows Egyptian companies, like Moody Socks, to manufacture products locally at affordable prices for companies, retailers, wholesalers, and consumers.
Moreover, Egypt’s free-trade agreements support the country’s ability to collaborate with international wholesalers and retailers.
All of this translates into a fertile ground for wholesalers and retailers who would like to import their products from Egypt.
In addition, to high quality products, international businesses can expect higher profit margins due to the low costs associated with Egyptian products.
Get your socks in bulk with Moody Socks now!
There are many benefits to buying your socks from a wholesaler or in Moody Socks’ case, the manufacturer. That is, you’re buying from the source with no middleman.
Who do we work with? We serve various kinds of business so that retailers can deliver what their customers are looking for.
Moody Socks works with wholesalers, suppliers, distributors, retailers, and private labels.
So if you’re wondering where to buy socks in bulk for your store or if you’re looking to buy bulks of socks and sell them to retailers in your area, then you’ve come to the right place.
If you have a private label and would like to get custom socks, Moody Socks is the way to go.
Our private label clients vary from sellers of sports socks to those that whose main clientele prefer formal attire to those who sell casual every day socks.
Moreover, if you’re looking to become a wholesale socks distributor or wholesale socks supplier, we’ll supply you with high quality socks to expand your footprint in your country.
Whether you’re operating out of Germany, the United Kingdom, the United States, the Netherlands, or even countries as far as Romania, Hungary, and Ukraine, Moody Socks Factory has you covered.
Similarly, we serve customers and private labels in the Gulf region including but not limited to the UAE, Saudi Arabia, and Kuwait.
Wherever you are, get in touch with Moody Socks for high quality wholesale socks, save money, and grow your customer base.