Whse Acct Reqmts - NKK Wholesale

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Whse Acct Reqmts

Open Acct
Welcome to Nancy's Knit Knacks wholesale info page

Wholesale customers - Wholesale accounts are customers who resell our products to their customers. Wholesale accounts must meet certain requirements as listed below. They receive our lowest prices and are instrumental in helping to promote our products to our mutual customers.  In order to protect our existing whse customers, we require that new whse customers must meet all of our requirements or they may be categorized as Professional Courtesy customers instead.

Please note there is a minimum $400 opening order requirement for new Whse accounts - see below for details

Existing Wholesale customers who are not active in selling NKK products may be re-categorized as Professional Courtesy customers. In which case, they will need to re-establish credit when seeking to purchase products for re-sale at the wholesale price level. A period of inactivity shall be defined as 24 consecutive months with either no purchases or aggregate purchases of less than $100/year. Belts and motor purchases shall not count towards this requirement.

To open a Wholesale account customer needs to meet the following requirements as well as complete the New Shop Application at the bottom of this page.

Note: If you don't want to genuinely resell our products but you just have a need for high quality ball winders or swifts for your business, then consider opening a Professional Courtesy account instead.

The minimum opening order can be satisfied in any of the 3 following ways:

Wholesale Account Requirements
1.Must be Fiber related
Customer must own and operate an existing fiber-related business. 50% or more of revenue must be from fiber related sales. New businesses which have not yet opened may also qualify, however, NKK will need evidence that the new business is underway in terms of location, licensing, product offerings, etc.
Additonal Requirements
Customer must already be selling more than just their own products to the public.
NKK requires a commitment from the customer that they want to actively promote the sale of NKK products and they need to provide an overview of how they plan to do that.

Business Types
Businesses can be: brick and mortar yarn (or other fiber related) shops, catalog/Internet, subscription service, fiber show vendor, fiber related schools with active product sales, and other businesses as approved by NKK (*see Amazon requirements below).
3 Initial Orders-Min. Opening Order - These are the 4 ways you can open an account

  1. Basic Order Type - Accounts can be opened with a minimum $400 order (based on whse prices) which can include one Ball Winder as part of the $400 requirement. If the customer includes a ball winder in their initial order, they must also purchase a minimum of $250 worth of our small knitting and spinning tools or custom needle gauges. Additional Ball Winders (units #2 and 3) shall not count toward the $400 requirement (see next item). but can be included on the order.
  2. Equipment Resellers - If customer wants to sell equipment (Ball Winders, Swifts or Skein-winders), a minimum of four (4) units of any of these items from the same product category (i.e. 4 ball winders or 4 swifts, etc.) must be purchased after which the customer may add the purchase of individual units from any of the other product categories to the opening order. Note: Product categories consist of Ball Winders, Swifts and Skein-winders.
  3. Custom Needle Gauges New accounts can be opened when buying custom needle gauges provided that the total order is $400 or more. Any equipment item may be added to the order as well as small tools. If the customer only wants custom gauges, then 250 gauges must be purchased.
  4. Swift and Skein-winder orders - If the initial order includes a Swift or Skein-winder or a combination of these items plus other accessories, the customer must still purchase a minimum of $250 worth of knitting and/or spinning tools for resale.

Note: Power Bases may be added to the opening order after the above requirements have been met.
4.Amazon resellers
In an effort to start limiting the number of resellers who are actively selling our products on Amazon, a number of requirements shall be imposed:

  1. Amazon resellers must divulge their plans to sell our products on Amazon to NKK at the outset of establishing an NKK Whse account.
  2. Such resellers must already be involved in the sale of fiber related products and such sales must be worth 50% or more of their total sales.
  3. Non-Fiber Related businesses - NKK desires to have only fiber related businesses selling its products on Amazon and on all other portals. NKK does not wish to have businesses, which are not involved in fiber related product sales in one way or another, selling its products. Businesses which are not involved in the fiber arts and which are selling our products on Amazon shall either be denied an account or phased out over time. Businesses which change their product focus and markets over time and which sell NKK products, may have their Wholesale accounts cancelled by NKK with 30 days notice.
  4. Returns - Businesses which do sell on Amazon must document how they will manage returns from Amazon including methods for dispositioning "defective" returns back to NKK.
  5. MSRP - NKK prefers that its resellers which sell its products on Amazon sell at the listed MSRP.
  6. Amazon Account Limit - Notwithstanding whether the above requirements have been met, NKK may elect to not accept new accounts who want to sell on Amazon at any time.
  1. Paymemt method  - All new accounts must pay by Credit Card or PayPal on their first order.  Thereafter, at NKK's option, follow-on orders may be sold on Net 30 day terms provided the customer's credit limit has not been exceeded.
  2. Wholesale accounts must maintain their accounts on a current basis (i.e no past due balances) or they shall be required to pay by credit card/PayPal at time of shipment.
  3. Payment Terms - Net 30 terms vs. Credit cards and PayPal - If an account prefers to pay by credit card or PayPal, they must pay for their order at time of shipment and not at the end of a Net 30 day cycle. If they do wait to pay at the end of a 30 day cycle by credit card or PayPal, NKK shall add a flat 4% fee to the invoice.
  4. Collection fees - Wholesale accounts shall be legally liable for any collection fees (up to 35%) that NKK must pay to 3rd party collection firms to collect past due invoices from customer.
  5. NKK May terminate a Wholesale account at any time for any reason.
  6. All domestic Drop Ship order requests from a Whse customer must be PREPAID regardless of what payment terms they normally use. NKK will not drop ship international orders.
  7. All International Wholesale customers must pay by credit card or PayPal at time of shipment.
Steps for opening a new account for Wholesale customers

First - Complete our New Shop Application below (for both shops and professionals). This gives us background info about yourself and your business.

Then Register in this Wholesale Section to gain access to the Wholesale/Professional Courtesy Price Lists

If you have a specific list of needs, send them to us by email

If you have an emergency requirement then call us

Once you Register in this Wholesale Section, you will gain access to the Price Lists and you will see what the 3 Digit Registration Code is that you will need in order to register in the SHOPPING CART. By registering in the Shopping Cart you will be able to order items at a discount! If you don't register in the Shopping Cart and don't enter the special 3 Digit Code, the system will treat you as a retail customer and will not give you a discount.

When you visit the Whse section in the future, you will simply Login to the Whse Section

Login to the Shopping Cart
After registering in this Wholesale Section you will be provided with the 3 digit Registration Code that you will need for Registering in the Shopping Cart. If you are an existing customer, you may have already registered in the Shopping Cart so just log in if you want to purchase products. If you cannot remember your username or password, there is a method for retrieving this info in the Shopping Cart (right side of most pages).
The special 3 digit registration code will identify you as either a wholesale or professional courtesy customer which will then display the appropriate discounted pricing as you browse our store.

Wholesale and Professional Courtesy customers use different 3 digit Registration Codes. Use the one that is applicable to your customer classification. Don't know whether you are a wholesale or professional courtesy customer?  Then review this info.

When you are ready to actually start shopping in our Shopping Cart, you will need to first login (or Register
if this is your first visit) in the Shopping Cart before you can actually shop at discounted pricing. If you see on the right hand side of the Shopping Cart screen that you are listed as a Retail customer, then you are not receiving wholesale or professional courtesy pricing. You need to  Register using the 3 digit registration code that we gave you after registering in this Wholesale Section.

Shopping - Once registered in our shopping cart, you may shop at a discount. Click here to enter the shopping cart section. Note, if you do not register as a whse customer first, you will be charged retail prices. Review the paragraph immediately above this one!

New Shop Application
Please complete the following online application
If you need to place an order immediately, then contact us by phone or email

Whse & Prof Ctsy Mailing List
Please add your info to our email list
We will keep you informed of sales, tech alerts, and other info
Click here to visit the Wholesale Mailing List page
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