Warehousing and Distribution a place where goods are stored
Warehouse is a commercial place where one stores good. A person can has his own warehouse, or he can hire the services of someone who deals with warehousing.
Distribution is the process of distributing good stored in the warehouse to the customers after they’ve bought them.
In the old days before the revolution of internet, companies usually had their own warehouses and distribution systems and seldom were this field undertakes as an individual business venture.
With online stores popping out on social media almost daily, warehousing and distribution has gotten quite a potential as a successful business venture.
Home-based online stores do not have the resources to have their warehouse and distribution. They are constantly at a lookout for people who provide the services of warehousing and distribution. As the work load for these businesses is usually slow, one can provide services to up to 20 companies at a time. But make sure your clients fall in a same group or category.
One can start with just providing the services of warehouse, which requires relatively less initial investment, and go on to build a warehousing business. This can also be done in reverse order i.e. start from distribution and acquire a warehouse at later point.
Before starting Warehousing business, consider the following:
- Your client Type
If you plan on having more than 5 clients, it is better if they all want to distribute similar type of goods. This will make it easier for you to make the necessary warehouse arrangements. If the goods are small in size, you can buy shelves. If they are delicate, you can buy linings for the walls etc. Otherwise you will have to buy shelves for one client and bulky storage boxes for other.
- Research
Find out what is the best way to store the product you plan on warehousing. Remember, the safe storage and distribution of the product is your responsibility now so make sure you know how to store and handle it.
- Marketing
Spread you are in business through marketing to let the potential clients know about you. Employ the methods of pamphlets, word of mouth, internet etc. Make yourself available on the phone at all times and respond on time to build the trust of your clients.
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