Welcome to Power HomeBiz Guides!

Home | About Us Contact Us | Site Map | Search

 


 
Starting a Biz
Working at Home
Financing a Biz
Growing a Biz
Managing a Biz
Marketing/Promotions
Ecommerce/Internet
Online Marketing
Business Ideas
Leadership/Mgt.

Business News


Small Business News
Book Reviews
Small Business Book Store
Moreover News
Submit Your Press Release
News Archives
ab
 
Wholesale Closeouts and Overstocks Now in Real Time Online Inventory  
Retailers now have their long awaited desire to save money with wholesale goods the convenient way! RhinoMart, a wholesale distribution center based out of Chino, California is proud to launch Rhinomart.com – the cutting edge of online wholesale distribution.

 

January 25, 2008 ( PowerHomeBiz ) - Chino, CA    ---   Retailers now have their long awaited desire to save money with wholesale goods the convenient way! RhinoMart, a wholesale distribution center based out of Chino, California is proud to launch Rhinomart.com – the cutting edge of online wholesale distribution. Traders from across the globe will trade in a wide range of merchandise at the speed of a mouse click. “This new service launch is RhinoMart’s effort to meet the growing needs of our worldwide customers by providing a larger variety of quality goods from multiple international markets,” said Ms. Rose Guttierrez on the occasion of the launch. Ms. Guttierrez is the Marketing Director for RhinoMart.

(news continued below)

Business analysts estimate developing direct business contacts with individual trading partners for a small business can cause large lapses between a need for a wholesale good and delivery to the sales floor. Without the use of a wholesale clearing house, the longer wait times and resources spent on brokering individual deals reduce the retailer’s bottom line profit. Plus, many small businesses can’t clear the vast amount of wholesale goods to even warrant an exclusive deal with first line wholesale distributors. RhinoMart.com will succeed as an alternative measure for small businesses to bridge this gap in profitability, by providing valuable warehouse space and established trading relationships.

Enthusiasm for the launch was evidenced by the warm response from our global trading partners. Members of many local trade bodies were also present to understand the new business model for wholesale goods distribution. Discussion ensued about the viability and success of RhinoMart’s new wholesale outlet – RhinoMart.com. “The increasing commodity strength of BRIC countries, and ever shrinking communication obstacles, are changing the dynamics of conducting international business,” said Ms. Guttierrez. Ms. Guttierrez expressed optimism RhinoMart’s continued ability of establishing a presence in the U.S. wholesale market will lead to further business victories overseas.

Questions concerning operations of the new company venture were fielded by Mr. John Elma, Director of Operations. RhinoMart.com will employ a robust back-end logistics system. “We are aware this online business model hinges on the handling of logistical issues,” Mr. Elma said. Mr. Elma outlined the supply chain from trading partner to the customer utilizing RhinoMart.com for their wholesale needs.

A fully functional warehouse will be dedicated to housing goods from RhinoMart’s wholesale trading partners. The number and diversity of these trading partners ensures a steady stream of close out, liquidated, and overstock merchandise. Exported customer returns would also be available through the new online portal, RhinoMart.com. All goods ordered from the website would be available for immediate processing and shipped out across the country.

Mr. Elma assured fears about the quality of the wholesale merchandise available for purchase. “Quality is a critical issue for success in any business. RhinoMart is taking extra caution to ensure that quality control mechanisms are in place,” said Mr. Elma. He continued that all goods handled directly by RhinoMart.com would be checked for quality, as a protection to their customers.

All that remains to be seen is how traders and small business owners extend their commodity exchange capabilities by taking advantage of RhinoMart’s new wholesale platform. Marketing RhinoMart.com is a challenge, but Ms. Guiterrez is confident RhinoMart is up for the task.

“Our new marketing strategy is being implemented and already the first signs of traction can be seen,” said Ms. Guiterrez. Wholesale goods orders will be shipped from the $100 threshold, but there is no upper order amount limit. The broad variety in merchandise categories will be main draw for customers to return to RhinoMart.com again and again. “As RhinoMart.com expands, many more goods would be added to the line of products,” said Ms. Guiterrez. Until then, RhinoMart.com will concentrate on providing the same great service and wholesale bargains the RhinoMart company is known for.

About Rhinomart Wholesale Liquidators

RhinoMart is the premiere wholesale distributor and liquidator in Southern California. We specialize in liquidating closeout, returned, surplus, and overstock merchandise. Our high standards allow us to only offer the top quality of wholesale goods available. The direct result of this quality and competitive prices has been our proven success again and again. Our path as an industry leader began with one truckload from a national discount chain over 15 years ago.

That first truckload was a menagerie of customer returns to retail stores. Every type of product under the sun was included! There were toys, sporting goods, house wares, electronics, and even hardware. A small portion of the customer returns were either not functioning or noticeably damaged. Our entrepreneurial spirit prevailed and we took the thousands of attractive products to every swap meet and parking lot sale we could find. At first, we expected most of the products to linger, and only hoped to do slightly better than the cost of purchasing the truckload of customer returns. Amazingly, it took only a few weeks to liquidate all saleable items!

After a year of selling items by “hitting the pavement,” we opened up our first brick-and-mortar retail outlet: RhinoMart, The Beast of Bargains. This dramatic shift in business strategy proved even more lucrative and opened the door to further expansion. Today, our expansion has forged into the virtual wholesale market, proud to serve the bulk inventory needs of retail businesses.

RhinoMart has an advantage over other wholesale websites because we have participated at every level of selling closeout and liquidated merchandise. From hawking goods at flea markets to maintaining an overstock goods specialty store, we know first hand the necessities of our customers. Now our energy is focused on making key partnerships to keep expanding our inventory. New merchandise from the biggest brand names, closeout or liquidated products, and a regular inventory of retail customer returns line our warehouse shelves. It’s been a long road from that first delivery of just customer returns!

We market and liquidate inventories from trading partners across the United States. Due to the confidence in RhinoMart’s ability to clear complete warehouses of liquidated and discontinued products, and our proven track record to do so, we are consistently offered a wide range of wholesale products for sale on RhinoMart.com. It is our chief goal to provide RhinoMart’s customers a safe and valuable wholesale shopping portal so that they may enjoy high profits and investment returns upon resale of our lot purchases. We can offer enormous discounts on these quality goods because we purchase them in even larger quantities than what we offer for our consumers and because these are overstock or off-priced goods.

We are proud of our role in the retail cycle- moving quality products from forgotten warehouse shelves and into the hands of retailers worldwide. Our commitment to excellence also serves our inventory partners and introduces them to the savvy buyers found here at RhinoMart.com. Never wishing to rest on our laurels, we are always expanding our business scope. Be sure to stay tuned for exciting new developments in wholesale trading right here, at RhinoMart.com!

Contact Us – Drawlon Tsang, 909-287-0911, drawlon@rhinomart.com

Like this Article? Recommend This to a Friend

ab

Special Top Sponsor