Sparkies Find Out How to Save $10,000 in 12 Months Buying Online Electrical Parts
For Electricians in Australia and perhaps any other country, time is everything. Getting the job done on schedule can make a difference in the bottom line at the end of the day.
That is not all; Sparkies deal in equipment, appliances, and devices that have different costs from store to store or location to location.
Little savings in the expense of everyday electrical consumable products may translate to substantial savings at the end of the year given the volume of online electrical parts, you have to buy over the period of a year.
1. Making Saving Money a Habit
If you want to take control of your financial situation, you need to make smart saving and investing a habit. It is one thing to save money and invest well, but it is quite another to do it regularly and consistently. Same thing for buying your supplies. A healthy profit margin can offset your unknown (and unwanted) expenses that pop up.
2. Plan Your Purchases
Buying stock and tools requires careful planning and this can also be a way to save money. By being aware of requirements on upcoming jobs and consistently monitoring your stock levels you can avoid falling into the trap of making unnecessary purchases. When you have a quieter period get your apprentice off social media and cleaning and counting the stock in your vans. Keep a record.
3. Purchase Online
Many of the everyday items Electricians need for day to day work can be purchased online; at a fraction of the cost of the local wholesale. The first step in the wealth-building process has to rein in spending. This is because it is the only part of your personal finances that you have complete control over. Ordering online not only saves time and money on acquiring materials, but also time wasted leaving a job site to purchase materials and the associated fuel costs in doing so.
4. Pricing Consistency
How often do you go from store to store WITHIN the same company only to find out what you paid for an item at one store is dearer at the next and only gets rectified if you have a keen eye or a very focused bookkeeper. At Direct Wholesale, the price remains the same across the three quantity price breaks.
5. Buy Wholesale, Not Trade
Don’t be fooled into thinking ‘trade price’ is the best you can get. At Direct Wholesale, for example, we take the approach that ‘we can do better than that’. So we do. Every day we offer low prices that represent a very slim margin over the manufacturing cost. You are always guaranteed the best rate. Here is an example of wholesale Vs trade price.
In this example, we will show you how Sparkies can save up to $10,000 every year by simply changing their way of thinking.
Check Out An Honest Price Comparison against Our Competitors on eight popular items when compared against 12 competitor account holders on an average weekly spend per account. Data collected June 2017
Product Overview Price Breakdown Per Week
30 x C2025WE – Electrical Wholesaler Invoice Price Range $5.60 to $6.70
$5.60 to $6.70
30 x 9990201 – Everyday Price Range $4.05 to $4.49
$4.05 to $4.49
$6.00 to $6.50
$4.45 to $5.70
$2.60 to $3.00
$7.50 to $8.53
$3.30 to $3.90
$3.60 to $4.08
$1.95 to $2.50
$2.00 to $2.85
$1.40 to $1.65
$1.80 to $2.02
$1.40 to $1.80
$2.58 to $3.05
$1.65 to $2.05