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Who is called stockist?
A stockist is a distributor of a product (s) in wholesale. Some sell solely to other mini distributors. Others sell to both distributors and end users. It all depends on the company policy.
What does a stockist do?
A stockist is a merchant who's sole responsibility is to represent a particular brand in a certain location and help to warehouse their products (stocks) in exchange for commission. They are also paid commission based on the volume they distribute and in most cases sell at the company price. Stockist are a form of distribution chanel for companies who don't distribute their products solely and such system also helps to make the products available and accessible to the end users. (How Do You Become A Stockist Of A Product)
With stockist system, buyers don't go beyond their catchment area for products. They could easily get products from a store near them or a busy mall nearby.
Call or whatsapp these number to know how to become a FaforLife stockist today -
How Do You Become A Stockist Of A Product
With many companies around the world you have to apply. Depending on the company policy, most companies will demand registration fee and buying of certain quantity of their products. Below is an example of stockist requirements from FaforLife Business, a network marketing company in the area of health and wellness and production of alternative medicine.
Faforlife Stockist Benefits
Faforlife has one of the most lucrative and affordable stockist system..
Here are what makes the difference in Faforlife. (How Do You Become A Stockist Of A Product)
****Your payment for becoming a stockist comes only once and lasts for a lifetime. (How Do You Become A Stockist Of A Product)
Some other companies will give you a maximum number of cycles to enjoy and you may have to renew your contract.
****Faforlife have a range of products that are very high in demand and this results to helping their stockists gain fast sales.
****FaforLife stockist system is one of the most affordable yet most lucrative.
***With approximately 2.8m you can secure a slot.. You make 125k which is the 5% of the stock for life.. Let me explain what your N2.8M covers.
1. N270,000 will cover your membership registration that qualifies you to apply for stockist. Without this, there will be no stockist. The Good thing is, this N270,000 registration fee also gives you products of choice worth that exact amount.
2. Let's come to the N2.5M: this is the main dealership where you earn rebate on every bottle you push out of your stock. Every single bottle of the 2.5m stock will be sold at company price so you don't add a margin. That's why the company gives you a rebate of N900 naira on every 18,000 naira registration package picked up at your stock center. Notice I said picked up at your stock center, that's because you do not advertise yourself as a stockist, the company does that for you. The company puts your center in front of potential buyers (distributors) and calls starts coming in immediately.
Faforlife has a very busy system and their stockists are often overwhelmed with work so you are sure to sell. In some worse case scenario captured, within a week and a half your 2.5m stock is exhausted. That means you can very well make between 350-500k a month on your 2.5m naira investment in their stockist system. Not bad!
3. Last but not the least the 30,000 naira left of the 2.8m can cover for your logistics if you don't use your own car to carry the goods. (How Do You Become A Stockist Of A Product)
Call or whatsapp these number to know how to become a FaforLife stockist today -
Note: 20 cycles would have helped you recover your capital and every other thing is there for you to grab for a profit, you can also choose a double slot to have more products and be able to manage product scarcity leaving you with 250k profit for every cycle. And you can circle between 3-4 times per month. Notice I didn't mention circle out twice in a month. That's not a debate. It's a must. So whether you take a double slot or a single slot you are in for steady cash flow. (there is an existing market to make that happen) and presently their stockists are not able to meet the demand on ground. They are overwhelmed with work. The company has a starving crowd for their unique products.
My advice is that...just start now if you have the means.
One reason why I love the business is that, the company is very young and viable and an opportunity such as this can very well be your own personal fortune 500 establishment that will mint serious cash flow for your generations to come so don't throw away this opportunity. (How Do You Become A Stockist Of A Product)
If you are already doing something profitable...stick to it till it works out if not you know you can count on Faforlife stockist income stream. (How Do You Become A Stockist Of A Product)
Call or whatsapp these number to know how to become a FaforLife stockist today -
Your Friend,
~Lady Lovette
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