Wholesale & eBay Forum General Selling Advice & Tips Word of the week: MOQ (Minimum Order Quantity)

Word of the week: MOQ (Minimum Order Quantity)


karen_salehoo
Site Admin
  • Posts: 46
  • Joined: 27 Oct 16
  • Karma:
24 Jan 17 06:28:26 am
As a newbie, the whole process of selling online is all too unfamiliar yet alone some terms or words. Words may be too technical to comprehend or too jargon - does not ring a bell at all! Word of the Week will be updated regularly to help us understand these words more or refresh our knowledge. It's time to broaden our vocabulary! :)

Word of the Week: MOQ (Minimum Order Quantity)

A minimum order quantity (MOQ) is the minimum order size accepted by a supplier. Generally, this is based on the minimum order the supplier needs in order for the transaction to be profitable for them. Sometimes they may accept smaller orders for a higher price per unit. With most suppliers, the more you order, the greater your discount.

While some suppliers do not enforce minimum orders, they are essential for many wholesalers who rely on large orders to make a profit. Most wholesalers only make small margins on each item they sell. Sometimes this means that small orders can cost them a lot of time and effort to process, and there is little financial gain, hence why larger orders are more profitable.

When using the Link hidden: Login to view, you can actually find a filter for the price range of minimum order either: $100, $500, $1000, $5000, or does not matter. This is a very important filter especially if you have limited capital investments.

P.S.
Feel free to suggest words for Word of the Week by commenting below!

P.P.S.
Should you be interested to read thru all posts for Word of the Week, just go to the Search box on the forum and type in Word of the Week and you'll see all the posts in the results list.


Cheers,

Karen
Customer Support
SaleHoo Group Limited

Be a part of an informative and interactive directory of drop ship suppliers! Join us at SaleHoo via Link hidden: Login to view and reduce your risks in selling online!

 

What's Hot on the Forum:

SaleHoo helps over 137,216 online business owners
find reliable low cost suppliers

Find out how