Are you a business owner who wants to manage your customer’s wholesale orders? Do you need to set a threshold for the minimum order value before allowing wholesale customers to place their orders? If so, you’ll be pleased to know that it’s possible to disallow wholesale ordering until your threshold is met.
This WooCommerce guide will provide the information you need to set up your WooCommerce store to disallow wholesale ordering until a certain amount is met.
By following this guide, you can keep your wholesale customers happy by ensuring they meet your ordering requirements. Additionally, you’ll be able to save yourself time and money by automating the process. Let’s get started and learn how to set up disallow wholesale ordering until your threshold is met.
Why You Should Disallow Wholesale Ordering
Disallowing wholesale ordering is a process that helps businesses protect themselves from taking on too much risk by placing large orders with suppliers. This is done by setting a threshold to be met before a wholesale order can be placed.
The threshold is usually set in terms of a minimum order size or a specific dollar amount. When the threshold is met, a wholesale order can be placed, and the company can benefit from the discounts associated with buying in bulk.
Setting a threshold for wholesale orders can be beneficial in several ways:
- Ensures the company is not taking on too much risk by placing large orders with suppliers.
- Helps to protect the company’s cash flow by ensuring it is not placing orders that it cannot pay for.
- Allows the company to better manage its inventory by limiting the amount of product it has on hand.
Understanding Wholesale Ordering Thresholds
When it comes to understanding wholesale ordering thresholds, it is crucial to understand that these thresholds are not set in stone. Each business will have different needs, and it is up to the business to determine the appropriate threshold for its operations.
It is also essential to understand that the threshold is not necessarily set to the exact amount that the business wishes to order. In some cases, the point may be set higher to ensure that the company does not run out of stock or to ensure that the company does not over-order.
You would also need to consider the size of the orders the company will likely place. This will help ensure the threshold is set at an appropriate level.
How To Disallow Wholesale Ordering Until Your Threshold Is Met
Setting a minimum purchase requirement for specific products may be necessary for your wholesale business, but unfortunately, this functionality is not present in WooCommerce.
Luckily, with the Wholesale Prices Premium plugin, you can establish purchase conditions for each item, allowing you to impose minimum order quantities that can aid in clearing out inventory and accelerating the payment of manufacturing expenses.
Step 1: Set the wholesale price.
To get started, all you have to do is go to the Products page found in your WordPress dashboard.
Next, you need to find the item for which you wish to establish a minimum purchase condition, and then choose the “Edit” option:
From there, you will be prompted to the “Edit product” page where you will have the option to rename the product, edit the descriptions, and adjust the product data.
For wholesale price, simply scroll down to the Product data box and click General:
If you haven’t already completed this task, you must input a wholesale price for your product. This will ensure that when a wholesale customer views the product page, they will see the reduced price instead of the regular one. If you’re all set with this, however, proceed to the next step.
Step 2: Specify a minimum purchase amount for wholesale and determine the threshold for each purchase to disallow wholesale ordering.
Afterwards, you must establish a minimum purchase threshold for your product.
This means that to avail of the reduced price that you assigned in the previous phase, the wholesale customer must purchase a specified minimum quantity of items.
To do this, input the minimum order quantity or threshold you want to set in the Wholesale Minimum Order Quantity section:
After that, you have to decide on the order quantity step or how many of that product a customer can add at a time. In other words, set the amount by which they can increase the number of that item:
Step 3: Enable wholesale discounts that vary based on the quantity purchased.
Depending on the number, you could also want to set up wholesale discounts. For instance, a customer will receive lower wholesale pricing if they purchase more than 200 products.
Check the box next to Product Quantity Based Wholesale Price to do this.
Then, enter a value, change the price type to discount, and provide a starting and ending quantity. In our example, customers will receive a 15% discount if they buy between 200 and 300 products:
Once you’re all set with the numbers, select Add Quantity Discount Rule. Then click Update.
Conclusion
Disallowing wholesale ordering until the threshold is met is an important step for businesses to take to protect themselves from taking on too much risk.
This is done by setting a threshold to be met before a wholesale order can be placed. When the threshold is met, a wholesale order can be placed, and the company can benefit from the discounts associated with buying in bulk.
Setting thresholds and disallowing customers to order wholesale until that is met is relatively easy in WooCommerce. All you need is Wholesale Suite Prices, and follow these 3 easy steps:
- Set the wholesale price.
- Specify a minimum purchase amount for wholesale and determine the threshold for each purchase.
- Enable wholesale discounts that vary based on the quantity purchased.
