Buying quality products at wholesale prices in bulk has always been a good way to turn a profit for small and large businesses alike. Many businesses in differing scenarios could benefit from this method of making a profit. In order to provide insight into how wholesale earbuds bought in bulk provide profitable opportunities for businesses, let’s look at these two examples.
Example One: Small tourist shop at train station.
A small business shop, located inside the Amtrak train station in a metropolitan city, needs earbuds to satisfy the demands of passengers taking the train. This small locally owned shop has many different items related to media such as: magazines, newspapers, CD players, MP3 players, and other tourist-type items related to the city.
This type of business also sells earbuds regularly. Passengers many times may have forgotten, lost, or want to get a new pair of earbuds: to use with the listening devices they buy or have already. Also, the included earphones in what they bought (or have already) sometimes aren’t the type they want or need.
So, earbuds are an item this shop sells at an average of 10 a day. Most of these sales are people who want a lower cost earbud around $10, so how does this shop make a profit?
This is where Encore Data Products becomes the best friend of this shop owner. At Encore Data Products’ website, the shop owner finds wholesale prices and great selection for bulk headphones and earbuds. When bought in bulk, the prices become even lower and the free shipping gives an even greater discount.
The shop owner wants to carry a couple different types of earbuds to sale in his shop. One type is the Encore Data Products Stereo Earbuds in a Storage Case, which he buys 500 at a time in bulk for $2.25/ea. These are great sellers at his shop, because they come in a nice looking and easy to carry storage case for the travelers. Also, he’s able to easily sell these for $10/ea. So, let’s do the math on the profit he makes:
$2.25 x 500 earbuds = $1,125 (free shipping)
$10.00 x 500 sold = $5,000
Profit = $3,875
Days takes to turn profit (10 sold per day) = 50 days
His shop also carries a less expensive earbud choice, which accounts for some of the average 10 sold per day, but the example above is a good glimpse of the opportunity available when buying wholesale earbuds in bulk from Encore Data Products.
Example Two: Large Fitness Gym
In this example, there’s a large fitness gym with hundreds of members coming in and out everyday. They’re open 24/7 and have a small shop where food, drinks, and miscellaneous items are sold, including the all-important earbuds. The modern work out machines they carry have a plug-in for headsets, so the members can watch the large TVs on the walls or listen to the radio.
Most of the members bring their own earbuds, but many times they forget them or have a need for some on the spot. So, the small shop at the fitness center carries earbuds for their members for a low-cost. The gym is a business though, so this presents a good opportunity to make a profit. On average, they sell about 5 pairs a day randomly to members.
The shop manager researched online for wholesale earbuds to buy in bulk, and came across Encore Data Products. This was exactly the place she was looking for to get the earbuds needed.
She chose the: Gym Disposable Stereo Noise-Canceling Earbuds, because these are designed just for the needs of her members. She wanted to get a year supply, so bought 1,800 for $1.29 each with free shipping. The breakdown of the cost and profit for the year went like this:
Cost: $1.29/ea x 1,800 = $2,322
Sold: $5.00/ea x 1,800 = $9,000
Turned profit in one year
Both the Amtrak shop owner and the gym owner are making a good profit from buying their earbuds wholesale in bulk from Encore Data Products. These two examples show the type of opportunity businesses have when partnering with Encore Data Products for their earbud needs.
Encore Data Products has many other high quality audio visual equipment and technology accessories to choose from. Yet, these examples are sufficient in giving insight into how any of our products can provide similar opportunities for businesses of all sorts.
Buying earbuds in bulk at wholesale prices gives businesses the ability to make a profit. And considering the quality of our products and the excellent service we give, businesses can’t go wrong partnering with us. If you have any questions, please contact us today.