Joint Sale is our unique solution to the problems sellers and retail store buyers have always faced in getting new lines of products into stores for consumers to purchase. This method allows sellers to sell and retail store owners to buy, without the lack of trust and fear of risk that often stands in the way of commerce.
Joint Sale is an option exclusive to iVANZi. It offers both parties a safe way to merchandise products for a “product cycle” (trial period of 30 or 60 days) in the retailers’ brick and mortar store, allowing store buyers to determine if the products are a good fit. Wholesale buyers pay for the order upfront, and those funds are held in an iVANZi hold account during the “product cycle” period. The seller is guaranteed payment for the products that were sold, and safe return of unsold goods in saleable condition if they did not, plus all insured shipping fees.
If your merchandise is a good fit for the store and no returns are made, expect payment in full for the initial order. Then, continue selling wholesale to your new customer through iVANZi as reorders are needed.