Amid today’s uniquely competitive retail landscape, with department stores, discount stores and online sellers all desperately competing for their target audiences’ attention, saving time and money is crucial for success.
Naturally, running a retail business which either operates in-store or online involves various costs. Whilst there are fixed and variable costs, retailers must manage their finances to ensure profitability is maintained.
All retailers will face costs such as their location and facility, employees, utilisation of utilities, insurance and liability, licenses, marketing and merchandising. Moreover, retailers will face variable costs depending on the size and value of their inventory, payment processing, shipping and delivery services (if applicable), returns and general security. Other costs associated with retail include its utilisation of technology and professional services like solicitors and consultants.
Why Pound Wholesale online is better than traditional cash & carry for retailers
Although Pound Wholesale has evolved into a ubiquitous supplier for all businesses and enterprises, one of its key objectives remains the same since its inception; to make things easier and cheaper for retailers.
One of Pound Wholesale’s largest customer group categories is retailers, and its huge range, competitive prices and prompt delivery services have supported way more than 15,000 businesses in the UK, Europe and beyond.
There are a few aspects where a cash and carry experience is superior to online. The primary motivation is that retail managers and procurement staff can visually inspect the quality of products. Aside from this, building an order online is simply quicker and more cost effective than a cash and carry.
Saving money on unit costs
At the end of the day, the primary factor for sales and conversions is the price. This is generally the case of wholesalers and retailers alike, so it’s imperative for all outlets to source its stock for the lowest possible price to pass on savings to consumers.
Pound Wholesale maintain excellent relationships with manufacturers and international suppliers, securing stock in high quantities to ensure its prices are as low as possible for our customers.
Furthermore, its diligent team scrupulously monitor prices industry-wide to ensure its pricing remains competitive, and often compromises to ensure retailers get the price they need to support its customers.
Your time matters!
Yes, your time matters – don’t let anyone tell you otherwise! By placing an order for your retail store online with a wholesaler, you will save time in various ways.
Place an order from home or workplace
Firstly, there’s no reason to leave your store or warehouse. You can browse over 7,000 products via an intuitive and interactive website with carefully crafted categories and accurate online search facility for product discovery and identification. Our website also allows retail staff to manage and tinker with their basket throughout their journey to ensure no key product lines are missed or over-ordered.
Pound Wholesale assemble your order for you. Irrespective of the size and make-up of your order, there is no need for retail staff to spend time travelling to-and-from cash and carries, lugging a trolley or pallet around a facility and securing its packaging.
Wholesale delivered to your doorstep
For retailers, particularly those based in busy cities and locations such as London, Manchester and Birmingham, the value of having an order delivered to your doorstep cannot be underestimated. Beyond fuel and surcharges, there is arguably no reason for retailer to even own or hire a van or truck, as this process is totally provided for retailers if you place an order online with Pound Wholesale.
Moreover, Pound Wholesale’s delivery options include AM/PM timed services as well as a tail lift option, which allows delivery companies to remove your pallet or consignment from a truck to your doorstep – it’s as simple as that.
A retailer’s physical processes only kick in at the point of delivery, saving retail staff considerable time and money on wages, and allowing businesses to reinvest their resources elsewhere.
Free delivery over £799
Unquestionably, delivery and freight charges can be expensive, particularly for those in London or rural areas of the country. Delivery costs naturally eat into profit margins, and although it is very possible to remain profitable whilst parting with fees for courier and haulier services, the best price to pay for delivery is zero.
Pound Wholesale offer free UK mainland delivery on orders over £799 ex VAT. With free delivery, the entirety of retailers’ expenditures is solely focused on their goods, which drives profitability and simplifies pricing retail from wholesale.
Pound Wholesale’s merchandising & logistical resources
Pound Wholesale’s services are designed to be fast and easy. From product identification and order placement to picking and assembly, dispatch and delivery, our number one priority is to get your order to your doorstep as quickly and efficiently as possible.
But our services don’t stop there. Pound Wholesale can provide commercial invoices and barcodes for your products once an order is dispatched. With a barcode, SKU, product title and further information concisely packed into versatile CSV file, retailers can utilise the data or import into online systems for product management and retail purposes.
Pound Wholesale also make all high-quality imagery available to our customers for the stock you’ve ordered. Free from watermarks, our high-quality images can be used internally or to market your product in-store or online. There’s no need to spend time and money on photography equipment and processing, we’ve already done it all for you!
Retailers will only know too well, getting customers into your store or on your website is only half the battle – retail merchandising is an essential when it comes to influencing a shopper’s mindset.
Much of our stock includes counter display units and free-standing display units, that create a naturally attractive appearance in physical retail spaces, whilst saving retailers time and space. Buy it, and put it on the shelf – done!
Online vs Cash & Carry – Weekly Order Cost Breakdown
Okay, so let’s put it to the test!
Assuming goods are priced the same and the shop is done weekly, it’s important to understand that there are many variables and circumstances are different for virtually all retailers.
According to statistics, the average commute by vehicle in the UK is 19.5 miles, with the average UK diesel fuel price at £1.51. With the average commute time at 62 minutes per day, the average store visit time is 37 minutes. This means that a retailer manager would need to pay staff for three hours, from sourcing goods and transporting back to your facility to putting stock away, which on average takes approximately 50 minutes for single personnel.
In addition, vehicle ownership, fuel and general maintenance should be factored into the equation.
As per Pound Wholesale’s statistics from the last week, the fastest any user has placed an order from cart creation to shipping was an incredible 30 seconds exactly! Although some customers take longer than others to place their order, more than 70% of those than placed their order within a day of creating their basket submitted their consignment to us within 1 hour!
| Cost | Pound Wholesale | Cash & Carry |
| Goods | £960 | £960 |
| Employee Wages (min wage 2024) | £11.44 | £34.32 |
| Fuel | £0 | £8.10 |
| Vehicle & Maintenance | £0 | £88.25 |
| Tail Lift | £3.95 | £0 |
| Weekly Savings | £115.28 |
| Monthly Savings | £518.76 |
| Annual Savings | £6225.12 |
Getting Started with Pound Wholesale
Whether you’re an experienced retail enterprise or starting your business with Pound Wholesale, we welcome businesses of all shapes and sizes!
Retailers and other businesses can register for a trade account with us in minutes to get started!