Alti Lighting’s Transformation with PencilPay: Streamlining Payments
Watch this video on YouTube In 2000, Todd Miller established Alti Lighting, a renowned lighting consultant, importer, and retailer catering to a diverse customer base, including consumers, electricians, architects, and builders. However, the fragmented nature of payments posed a significan...
Mastering the Art of Timely Payments: Success Story in Alcohol Distribution
Watch this video on YouTube After completing a two-year apprenticeship at Bellarine Brewing Company, Max Dent made the bold decision to establish Cloud Cuckoo Island—a company specialising in pre-batched cocktail kegs, cans, and bottles. Max had a clear vision of selling directly to vari...
Optimizing your wholesale pricing strategy to increase profit
One of the most critical factors in the success of any wholesale business is having a solid pricing strategy. The right pricing strategy can help you attract and retain customers, maximize your profits, and gain a competitive edge in your industry. Here are some best practices for optimizi...
Strategies for Managing Cash Flow in a Wholesale Business
Cash flow is critical for the success of any business, especially for wholesalers. Managing cash flow effectively can help you avoid financial problems and ensure that your business continues to grow. In this article, we’ll discuss some strategies for managing cash flow in a wholesal...
The Future of Wholesale: Emerging Trends and Opportunities to Watch
The wholesale industry is constantly evolving, with new trends and opportunities shaping the landscape. As a wholesale business owner, it’s crucial to stay informed about the latest developments in the industry to stay ahead of the competition. In this article, we will explore some o...
Streamlining Payments: How Keeping a Payment Method On File Can Help Your Business
In today’s fast-paced business environment, managing payments efficiently is essential for maintaining a healthy cash flow. With late payments and bad debts being a major challenge for many wholesale businesses, it’s important to have the right tools and strategies in place to ...