Top 5 Wholesale Sources for Profitable Tet Sales

1. Sourcing from China

One of the largest markets in the world for sourcing products is China. Currently, Chinese goods are widely used by many Vietnamese consumers due to their various utilities. To meet the demand of customers, many people have imported goods to Vietnam for sale. In addition to the diverse quality and price ranges, which offer many choices for customers, this is a significant advantage that many people want to import Chinese goods for business.

This place has all kinds of products from clothing, footwear, to decorative items for Tet with diverse designs and types. Products from this country are very cheap because China has abundant natural resources and cheap labor, so most goods are lower priced than the general market. Moreover, the Chinese government also supports production policies for businesses, reducing a large part of the cost of products and goods.

You can go to markets in Guangzhou, China to place orders. Or you can order on e-commerce websites such as: Tmall.com, 1688.com, Alibaba.com, taobao.com... These websites are famous for their variety of items and the reliability of each shop. These websites have the following characteristics:

• Taobao.com - A website specializing in retail and wholesale at good prices. Diverse products with beautiful designs.
• Tmall.com - A website specializing in retail and wholesale of branded, high-quality, genuine products.
• Aliababa, 1688.com - Websites specializing in wholesale for companies, shop owners buying in large quantities, offering the lowest prices on the market.

You can place orders for selling if you have (logged-in accounts, alipay payment cards, shipping addresses in China).

2. Wholesale Sources from Large Wholesale Distributors and Retail Stores

In business, sourcing goods is always a critical factor, especially for grocery stores due to the diverse and complex nature of the merchandise. You can procure goods from large wholesale distributors and retail stores. Large distributors and wholesalers source directly from manufacturers, ensuring both quality and stable prices.

Purchasing from suppliers directly through the company's distribution system helps grocery stores have many advantages in price stability, good service, quality assurance, and product responsibility at the outlet.

Some places you can consider for sourcing goods include:

• Large supermarket chains such as CoopMart, MM Mega Market, BigC, Lotte... have strict inspection systems and abundant sources of goods.
• Wholesalers will offer competitive prices when purchasing in large quantities and may provide delivery support.
• Large grocery stores in your area are also a priority for small grocery store owners in provinces. You can easily source goods nearby at affordable prices, saving effort and transportation costs.

These are reputable places with strict inspection systems, so you can completely trust the quality. For these large wholesalers and stores, they will provide delivery support if you purchase in large quantities. If you are in provinces, you can prioritize sourcing Tet goods from large local grocery stores to save transportation costs.

Wholesale markets play a crucial role in attracting and consolidating large quantities of goods from various production and business sources within a given economic region or sector, then redistributing them to other markets and channels. These markets are hubs for numerous suppliers, offering a wide array of Tet-related items such as sweets, snacks, beverages, decorations, and more. They are a popular choice for grocery store owners.

However, sourcing goods from wholesale markets demands extensive experience and product knowledge to ensure quality and avoid counterfeit or substandard items. This enables your store to obtain better-quality goods at competitive prices compared to competitors. Additionally, it's important to note that product quality in wholesale markets may not always be guaranteed due to issues like counterfeit products and low-quality items being mixed in.

In Northern Vietnam, major wholesale markets include Hang Buom Market, Dong Xuan Market, La Phu Market, Mac Thi Buoi Street, and Tho Tang Market, which offer extensive supplies of grocery items. Meanwhile, in Southern Vietnam, markets such as Tan Binh Market, An Dong Market, Kim Bien Market, and Binh Dien Market in Ho Chi Minh City serve as significant wholesale hubs. If you're unsure where to source goods for your grocery store, consider exploring these locations. Here, you can freely compare prices and quality, as items vary in both aspects. You can choose the cheapest wholesale market and diversify your sourcing strategy to minimize risk.

VinShop is an application owned by OneMount Group, a B2B e-commerce platform for grocery store owners, convenience stores, etc. Here, you can search for and purchase goods from thousands of reputable suppliers nationwide, offering over 11,000 common items. VinShop currently collaborates with over 100,000 traditional grocery stores, successfully establishing the largest wholesale sourcing platform in Vietnam through its app.

Exclusive Benefits of Vinshop for Grocery Store Owners:

• Quick and Convenient Ordering: With just a few simple taps on your phone, you can search for and order Tet goods with a diverse range of items from numerous quality suppliers nationwide.
• Competitive Prices: VinShop regularly updates discount programs, helping you save on procurement costs with high-discount combos, new store owner incentives, and thousands of other deals on the Vinshop app.

Special Offers from Vinshop for New Store Owners:

• Delivery within 24-48 hours, even on weekends
• Various Payment Methods: You can choose to pay in cash or via bank transfer to enjoy a 0.2% discount.
• Free Capital Support: VinShop currently offers a capital support program with a maximum limit of up to 100 million VND, providing the most favorable conditions for store owners.

App Link: Vinshop App

Aside from traditional sources, importing goods through websites and Facebook groups is also a common channel for grocery store owners and convenience stores to find Tet merchandise. With the right understanding and approach, you can source affordable goods without intermediaries. Consider sourcing from Zalo groups, Facebook groups, websites, or forums like Chợ tốt. With proper search techniques, you can still find inexpensive goods without intermediaries.

However, sourcing from these channels carries high risks due to lack of quality control, inability to file complaints, and susceptibility to fraud. Therefore, it's crucial to conduct thorough research before collaborating. If cautious, visit the location in person to inspect the goods and better understand your partner's business operations.