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Originally Posted On: https://www.caviarbycake.com/2021/08/16/9-things-you-must-know-before-buying-wholesale-delta-8-thc/

New Frontier Data reports “prices for delta-8 drop even as demand increases.” From August 2020 to January 2021, there has been a -45% drop in delta-8 prices. Several factors cause this strange statistic, but for many wholesale delta 8 THC distributors and retailers, it’s an opportunity they can’t miss.

However, don’t be blinded by low wholesale prices. To buy delta 8 wholesale is nothing romantic. You have to consider several pain points before actually deciding to purchase in bulk. This is what we’re attempting to clear in this topic.

Without further ado, let’s proceed.

If for an unfortunate occurrence, your state is one of the 18 prohibiting any business engagements related to delta-8, this list is useless. But if everything seems fine on your end from a legal standpoint, continue!

It’s no secret that buying wholesale saves money and potentially increases profit margins, but to leverage these benefits, examine the following areas first:

• Sale history: Assess if a product’s (or at least products under the same theme) sale history justifies the number of bulk orders you’re planning to purchase.

If you’re sure about introducing a new product, start with a small purchase. Then, gauge the reaction of your audience. Buy more next time if the product ends up selling well.

• Storage space: Do you have a warehouse? Even if you own the space, there will be maintenance costs that would later on translate to your wholesale unit price.

• Projected sales: Can your projected sales for this particular product cover the logistics needed and your net goal profit?

You don’t need professional investigators to know a wholesaler’s reputation. Customer reviews are valid online impressions.

Never read reviews from a distributor’s website unless they are confident enough to publish raw, unedited comments. Instead, check them on unbiased opinion-based sites like Quora or Reddit.

Another thing to look out for is if media outlets are talking about this particular distributor. The best type of media exposure is if the outlet organically featured the business either because of its uniqueness or superb excellence in its service.

Do note that some businesses are willing to pay a hefty amount of money to be featured on reputable media outlets.

There are plenty of ways to check if the bulk product you’re about to buy is quality:

• Request for a sample before buying bulk

• Check if the product’s brand accomplished a certificate of analysis or COA. COAs are transparency checks produced to let consumers know the actual ingredients they’re getting from a product.

You might be tempted to cash in with the most decent wholesale delta 8 disposable deal you first laid your eyes on. But remember, the whole point of buying bulk is to get the most quantity at a lesser price without compromising quality.

Therefore, find that sweet spot on quality + cost by looking at as many wholesalers as you can.

It’s okay to negotiate. Let the wholesaler know you intend to get more products from them or do more business from them if everything goes well. That way, it’s easier to squeeze your ideal price.

Don’t try to lowball. Being genuinely honest and fair with your wholesalers pays well in the end.

As a recurring trend, Delta-8 can either be synthetically made or naturally extracted.

It’s harder to naturally extract Delta-8 because of its low content, but labs can replicate delta-8 at a snap. This right here might be one reason why prices are dropping even with increasing demand.

Expect a handful of scammers to stray your way because of the following reasons:

• Not all labs are legitimate

• It’s hard to find a brand that claims their product is pure, naturally-made delta-8 because of the compound’s level of extraction difficulty

Keep your eyes open!

A wholesaler that’s well-informed of what he sells is one green indication that he believes in what the product can do.

Aside from feeling confident with the product’s performance and quality, being able to inform your customers about it comprehensively is that cherry on top.

After considering the mentioned points, it’s time to look for prospects. List them down on an excel sheet. Check their potential by verifying if they meet your standards. Finally, select the best choice.

Start selecting from your pool of local chambers of commerce and extend from there. Get referrals from your network where you’re most likely to get honest suggestions.

Here are the other ways of finding wholesalers:

• Business-to-business marketplaces: Delta-8 distributors like Hemp Living Wholesale offer a variety of Delta-8 products. From wholesale delta 8 cartridges to disposable vape brands like Strange Clouds to Cake, they’ve got it all lined up for you.

• Business directories: There are multiple business directories online, such as Zoominfo and ReferenceUSA. Some are free for public viewing with some basic information about contact and website, while some might require payment for premium access on their database.

• Industry trade publications: Follow industry trade publications under Delta-8, CBD, and related themes. Chances are, you’ll find plenty of wholesale advertisements and features inside. You might also want to subscribe to get the latest news on your industry.

Clearing some things first before committing to a wholesaler saves you from a future headache. That’s why it’s important to crunch numbers and to actually take time to analyze how fitting this supplier would be to your business.