Starting a business? Let us help you with that! Here are some ideas on where to buy wholesale products in Singapore.
With the inflation hitting hard on the lives of citizens due to the boost to posh lifestyle, there has been a quest of finding cheaper alternatives of buying necessities.
There are certain retail stores in Singapore who provide relief to the customers by placing a check on the surging prices of goods and providing them at cheaper rates. These stores are functional through all working days of the week and house a large variety of goods and products.
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The following are a few notable ones:
1. Warehouse Club
This mega retail store at 1 Joo Koon Circle, Singapore is next new shopping destination for all those who wish to cheat the price boom in the markets.
The store provides various goods to the customers at the wholesale prices. However one needs to have a membership so as to gain access to the store.
This is the 7th and the largest retail format under the infamous NTUC FairPrice Cooperative Ltd. Brand. The goods are available at discounts ranging up to 20 percent and can be bought in larger packaging.
It houses more than 4000 products which includes groceries, fresh and frozen food, electronics, health products, toiletries etc.
Address: 1 Joo Koon Cir, #03-00 FairPrice Hub, Singapore 629117
Phone: +65 6710 4584
Opening Hours: Open 9am to 10pm daily
2. Pasir Panjang Wholesale Centre
Initially introduced in a motive to centralise the distribution of fruits, veggies and dry goods, this is one of the largest retail shops in town.
There are 26 blocks in all which measures up to about 20 football fields in size and has about 1405 stalls. These include shops, offices and even cold rooms. There are rooms for recreational purposes apart from an auction hall where several vendors put their goods for auction.
If you are willing to buy your necessities at the cheapest prices in the town, just get some bags and rush to 1 Wholesale Centre, Singapore and catch the hottest deals on all goods.
Address: 1 Wholesale Centre, Singapore 110001
Phone: +65 6775 6355
Opening Hours: Monday to Saturday, 24 hours
Closed on Sunday
3. Allswell Marketing – Live Seafood Wholesaler
This is just the perfect destination for all sea food crazy people. This store remains the supplier to some of the notable sea food serving restaurants and the posh hotels in Singapore.
One can find live sea food such as Alaskan King Crabs, Tasmanian King Crabs, bull frogs and clams at the cheapest prices in this market. For the retail purchases, cutting and cleaning of the live seafood purchase is provided for free. Just head on to 670 Geylang Road, Singapore to quench your love for sea food.
Address: 670 Geylang Rd, Singapore 389597
Phone: +65 6745 1123
Opening Hours: Monday to Sunday: 8:30am – 7:00pm
4. Fassler’s Gourmet
If you have been suppressing your desire to gulp those lip smacking Sashimi Salmons, straightway head on to 46 Woodlands Terrace, Singapore where you get the best of them at the cheapest prices. Apart from these, customers can get about 200 different varieties of freshly prepared seafood products like smoke tuna and trout and some exotic soups and sauces. The store remains open for customers from Monday to Friday from 8 am to 5pm and from 8am to 1 pm on Saturday.
Address: 46 Woodlands Terrace, Singapore 738459
Phone: +65 6257 6257
Monday to Friday: 8:00am – 5:00pm
Saturday: 8:00am – 1:00pm
5. Victoria Wholesale Centre
One can get the best and cheapest groceries and dried foods at the Victoria wholesale centre. The centre houses 41 different stalls and one can even get fabric, hardware and household items. The store is situated at 101 Kallang Avenue, Singapore.
Address: 101 Kallang Ave, Singapore 339508
Phone: +65 6291 2349
Opening Hours: Monday to Saturday: 9:30am – 6:00pm
Closed on Sunday
6. Toa Payoh Vegetable Wholesale Night Market
Singapore is well known for its exciting night life and the night markets. This is one of the open air night markets which have been operating since the past 30 years. Customers can get a wide variety of goods at wholesale and discounted prices from about 10 different stalls in this market. The market is open six days a week from 11pm to 6.30 am except Sundays. This market serves as a satellite market for the Pasir wholesale centre. The market is present at the Toa Payoh Lorong 7 and Toa Payoh East junction.
How to Find Local Wholesale Suppliers?
You’ve got your products, now what? Something to sell them with, of course! One way to do this is to go to a wholesaler. They’ll offer you the necessary minimums and prices you want, but finding the best one takes some research. Here are the steps you should take when finding wholesale suppliers for your retail business.
1. Go to Trade Shows
Trade shows are a great way to meet and interact with potential distributors or manufacturers in person since it helps avoid the possible communication errors that can occur over the internet.
2. Do your Research
If you’re doing an online search, try to be more specific. If you’re looking for a wholesaler or distributor of your products, don’t just use general terms. Consider including the name of your product and its brand.
3. Check Online Directories
When you’re looking for a wholesale supplier, there are many to choose from. One place to start your search is on an online supplier directory. These directories typically organize their suppliers by niche, location, and more. Using these various categories makes it easy to find the perfect wholesale supplier for your store.
4. Subscribe to Industry’s Trade Publications
Keep up to date with your industry’s magazines and newsletters. Be mindful that they are likely to be a product manufacturer or distributor with every advertiser.
5. Contact Manufacturers
If you are new to the world of wholesale, then the best thing to do is to contact the manufacturer. Ask them for a list of their distributors. They will be able to tell you which one is the best fit for your business, or they can even help you find a distributor you can work with.
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These shops provide heavy discounts on the daily necessities of people and thus have been considered as must visit stores for getting a variety of products at low prices. If the price surge has been troubling you lately, book a cab and head to any of these shops to get the best offers.
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Where to Buy Wholesale Products in Singapore: FAQs
One way to find wholesale suppliers in Singapore is through local trade shows and events. Many of Singapore’s trade shows offer an opportunity to meet with suppliers and make connections face to face.
These shows are a great way to get an idea of the range of products available in Singapore as well as negotiate the best price.
Moreover consulting local business directories, such as the Singapore Yellow Pages, can help businesses find specific types of wholesale suppliers in the area.
Lastly, working with third-party businesses specializing in sourcing can be very helpful in finding wholesale in Singapore. These kinds of businesses often have access to considerable resources and can often find businesses with competitive pricing, even in competitive industries.
To get the best wholesale price for goods, it is important to do research and compare prices from different suppliers.
Shopping around and negotiating discounts with suppliers is a key strategy to getting the best bargain. It is also important to build relationships with suppliers in order to benefit from trust and relationship discounts.
Moreover, buying large quantities of products can often result in lower per-unit prices and discounts. Finally, searching online for sales and bulk discounts can help you to secure even greater savings.
The best way to search for suppliers is by using online resources such as industry-specific websites and directories. These resources can provide direct access to thousands of suppliers, giving you the ability to explore and compare prices, terms, and services.
Moreover, it’s important to research suppliers thoroughly and assess their certifications and credentials before making a decision. You should also consider looking for customer reviews and ratings, as this can help you quickly narrow down your search to the best suppliers in the market.
Finally, it’s important to utilize trusted networks such as your own industry peers to gain insight from their experience. Comparing multiple options and considering references from other customers is the best way to ensure that you partner with a reputable and reliable supplier.
Singapore has a fairly relaxed environment for dropshipping. However, that doesn’t mean you can just set up shop and wait for the money to roll in. There are laws and processes to abide by, which will help you avoid any problems.
You sell products to a third-party business with a wholesale model, often in bulk. With a retailing model, you sell products directly to consumers.
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