Interested in our Wholesale Program?
There’s a very old principle about retail that still has huge validity. The four P’s – Product, Price, Place, and Promotion. At HempWorx, our products are trusted by hundreds of thousands of users around the world.
And, for the first time ever, it’s never been easier to get our life-changing products at a massively discounted price – so you can put it on your shelves and make HUGE profits! We know we have products that everyone NEEDS and we give you a business in a box to maximize your success!
Due to such high demand, Hempworx has automated a Wholesale Program so Hempworx affiliates can order CBD products in bulk, at a wholesale rate.
The growing popularity of medical marijuana has been great for the CBD oil industry. With demand popping up throughout the nation, CBD companies are flourishing, shipping out products at a rapid pace. If you are a healthcare provider or a veterinarian, you need to strike while the iron is hot. That’s why entering into a CBD wholesale program is the most cost efficient way to ensure you never run of stock on the hottest items.
Let’s take a look at the benefit of CBD wholesale programs for health professionals and why going this route might be the best strategy for your business.
Local State Laws – You must check with your local state laws and have appropriate business licenses to carry our products. We are not responsible or able to give you legal counsel on your local market.
Affiliate Account – When placing wholesale orders, you will automatically have an affiliate account created which will allow you to place smaller orders, and direct people to your website if needed. We handle all the payments, shipping, and delivery for your website referrals, and the one time $20 affiliate fee will be waived.
Marketing Materials – We do not supply marketing materials, but you can order Apparel, Merchandise, and Marketing Materials on www.MyDailyChoiceTools.com.
Refunds – Because we spend a significant amount of time and resources to accommodate each wholesale order, we do not offer refunds on wholesale purchases.
Minimum Advertised Price – We require anyone purchasing wholesale to sell at our minimum advertised price. We do not allow price undercutting. Wholesalers who undercut in pricing will immediately be terminated and will not be able to reorder.
Why Go with a CBD Wholesale Program?
There are many reasons why a CBD wholesale program is the best strategy for your practice. Obviously money, money, and…money all come to mind. However, there’s more to your business’ benefit than just money when you go with a CBD wholesale program.
Let’s take a look at some of the reasons that stand out the most!
CBD Wholesale Programs Means No Inventory Worries
Right now, CBD oil is on the cusp of an even bigger boom than it’s already experiencing. The whole CBD oil pot has been bubbling for quite some time and is fixing to burst over. Therefore, supply is going to be high in demand.
Right now is the time to buy CBD oil in bulk. As demand for this form of therapy continues to go up, it might take suppliers a while to keep up with the supply.
This sort of scenario was a problem with many recreational marijuana rollouts, most notably last year in Las Vegas. When this happens, the product goes on a back order with the supplier. In turn, your business may run out of product, turning off potential clients.
CBD Wholesale Programs are Greener
Seeing as CBD oil is derived from a plant, it’s safe to say your business is probably a little more environmentally conscious than some other pharmaceutical companies out there. What a great way to cut your carbon footprint than saving the earth’s precious resources?
When you join a CBD wholesale program, it eliminates the need for your business to place multiple orders of the same products a few times a month. When you take frequent orders out of the equation you are saving the earth from things that can have a negative impact on the environment such as:
- Less Shipping Materials That End up in the Landfill
- Transportation from Facility to Shipping Center to Your Business
- Electricity Used to Process Multiple Shipments
- Data Used to Watch the Transportation of Multiple Shipments
These are all miniscule things that we do every day and take for granted. When it comes to saving the environment, a little bit goes a long way. If everyone who continuously ordered the same products bought in bulk, it could take a nice chunk out of the human race’s carbon footprint.
CBD Wholesale Programs are Cost-Effective
When you are ordering more at once, you are doing a favor to the company who is shipping you the product. Remember all the aforementioned aspects of shipping products that have a negative impact on the environment? They also have a negative impact on the shipping company’s bottom dollar!
Therefore, if you are willing to join a CBD wholesale program, the shipping company will throw you a deal. This is for two reasons. One, it’s a thank you for making their lives a little easier.
Secondly, it is also cheaper because at the end of the day you are buying more product from them. So, while these distributors might make more charging you for each bottle individually, it’s a crapshoot if you will come back as a customer after the first purchase. Whereas, when you are a part of a CBD wholesale program, it’s guaranteed clientele for the distributor. So they throw you a bone…in the form of dollars and cents.
CBD Wholesale Programs Make You Money
The beauty of CBD wholesale programs it that they don’t just save you money…they make you money, too! When you are buying these multi-packs of CBD oil, you can then turn around and sell them at a markup. This is an easy way to drive revenue for your business. You are buying a product at a discount and then selling it for a percentage more.
These kind of cash savings can be found in multiple CBD wholesale programs. Here is the financial break down for three of the most popular types of CBD wholesale programs:
- 500mg CBD Oil, Relief, Revive and Renew
- 750mg CBD Oil
- Pet Products
For the convenience of your business, these three distinct CBD wholesale programs come in three different sized packs that offers you an array of discounts. The potential savings with these CBD wholesale programs breaks down as follows:
500mg CBD Oil, Relief, Revive and Renew
Cost: $38 per bottle + $35 flat shipping = $1,935
Minimum Retail Price: $69 per bottle x 50 bottles = $3,450
Minimum Profitability: $1,515
Cost: $35 per bottle + $45 flat shipping = $3,545
Minimum Retail Price: $69 per bottle x 100 bottles = $6,900
Minimum Profitability: $3,355
Cost: $30 per bottle + $120 flat shipping = $7,620
Minimum Retail Price: $69 per bottle x 250 bottles = $17,250
Minimum Profitability: $9,630
750mg CBD Oil
Cost: $48 per bottle + $35 flat shipping = $2,435
Minimum Retail Price: $89 per bottle x 50 bottles = $4,450
Minimum Profitability: $2,015
Cost: $45 per bottle + $45 flat shipping = $4,545
Minimum Retail Price: $89 per bottle x 100 bottles = $8,900
Minimum Profitability: $4,355
Cost: $40 per bottle + $120 flat shipping = $10,120
Minimum Retail Price: $69 per bottle x 250 bottles = $22,250
Cost: $22 per bottle + $45 flat shipping = $1,145
Minimum Retail Price: $39 per bottle x 50 bottles = $1,950
Minimum Profitability: $805
Cost: $20 per bottle + $65 flat shipping = $2,065
Minimum Retail Price: $39 per bottle x 100 bottles = $3,900
Minimum Profitability: $1,835
Cost: $18 per bottle + $120 flat shipping = $4,620
Minimum Retail Price: $39 per bottle x 250 bottles = $9,750
CBD Wholesale Programs are Customizable
While getting a ton of product at once may seem like anything but customizable, that’s far from the truth. For one, it allows you to pick up three different options that best suits your business’ needs.
If you are unsure what your business needs, you can start with a smaller shipment of each and work your way up. With time, if you find that one type of CBD oil is more popular than the other, mix and match how many quantities of each you bring in.
Another train of thought for CBD wholesale beginners is to get a 100 pack. You don’t run the risk of running out as quickly as 50, but don’t have the pressure of 250 packs sitting in the background. As your business grows, adjust accordingly before your next shipment.
What’s nice about CBD wholesale programs is that they work for you. These programs are compatible with so many types of businesses. Whether you are a vet, a medical marijuana doctor, a cannabis head shop, or a CBD oil user, you can pick and choose how the CBD wholesale program works best for your unique situation.