wholesale turn around time

[Former_Member]

I am aware that we are our own bosses and can make our own rules, but I was interested in what handmade industry standards are for turn around times for wholesale orders from retailers typically.

Also, how does payment work for custom orders for wholesale orders? Do you get a certain percent of a deposit first or make them pay upfront the entire amount like you would on a normal etsy / website order?

TIA!!!

[AddyluCandles]

I think turn around times depend on the quantity purchased, and how long it takes for you. Give them a maximum time.. or a time window. For my candles, I say 3-4 weeks for large orders.
I request full payment for wholesale orders. Since margins are lower, I need it all so I can purchase supplies. I also don't want to be stuck with any product if they make changes.. if not paid in full your customer may not feel like they have to end up buying everything. I used to own a shop, and I always think back to that. Even if I was buying products from a regular catalog company, I would have to pay up-front and wait for a few weeks!

[Former_Member]

I normally collect payment upfront and that is what blocks out their order time on my calendar. Normal turn around for me is 2 weeks, 3 if I am especially busy.

If the customers are small stores, they may not have the capital to have tied up in orders that have long lead times so I try to keep that in mind when planning.

[Former_Member]

Hello,

I would like to know the how much do wholesaler charge for the cancellation fee to the retailer(average). And if there is some other tips for the first time wholesaling, please let me know!