Furniture MOQ: What Is It and Why Should You Care?
MOQ is important if you have a furniture business, online store, or interior project. MOQ stands for Minimum Order Quantity. It means the minimum amount of product that you can order from the supplier. You may hear the word MOQ quite often when you search online. For example, the MOQ has 10 chairs. It means you need to buy at least 10 chairs. Sorry, because you can't order under 10 chairs. So, before placing an order, do not only look at the price per piece. Check the MOQ too.
1. So, what does MOQ mean?
Suppliers usually set an MOQ because making furniture costs money. They need materials, machines, workers, packaging, time, electricity, and even the things that you may not know it needed.
Every supplier can have a different MOQ. Some may set the number by pieces, while others may decide it by a minimum order value. So, always ask about the MOQ before making an order. If it really needs less than the MOQ rule, just simply ask the supplier.
2. Why do suppliers have MOQ?
Furniture is a little bit different from other products. It's big and needs more than one person to make it. So, making furniture is not as simple as making one product and stopping. Suppliers need to buy materials, prepare workers, use machines, and manage the whole production process. They check it as often as they can.
This is why MOQ helps suppliers keep production efficient. It also helps the workers of that company. Especially the craftsman who makes all of the furniture. For example, if you buy only one chair or one table, then many materials may be left over, right? That is why suppliers often set a minimum order.
3. A high MOQ is not always bad
Don't be overthinking. A high MOQ can feel too high, especially if you just need a little furniture. But it can also have some benefits. When you order many products, the price per piece may become cheaper. Make sure you can actually use or sell all the products.
Sometimes there are buyers that buy furniture to sell it back. But if you have only one chair, usually the supplier will give you recommendations such as, make your order together with a big order. Just make sure that your supplier also gives that service too.
4. Try talking to the supplier
If the MOQ is too high, don't give up as soon as possible. Try asking the supplier if they can accept a smaller order. Maybe they can make your order with another order that is higher than yours. Explain your situation. Some suppliers may agree to a smaller order.
But you may need to be ready about the fact that it can be more expensive. This can actually be a good option. Sometimes, a simple conversation with the supplier can give you more options. Just explain your condition and if you brave enough the higher cost, it will be better.
5. Look at the total cost
The total cost is the possibility of the future cost. Check the total amount you will spend. You can ask the supplier such as “which one is the cheapest?” and also, ask, “Which one makes the best for my house?” From that way, you can make a better decision.
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