🤏 MOQ

What is an MOQ?

MOQ stands for Minimum Order Quantity, and it's a term you'll often encounter when buying products in bulk or directly from manufacturers.

Think of MOQ as the smallest amount of a product you can order from a supplier. For instance, if you're starting a t-shirt business and want to order from a manufacturer, they might say, 'Our MOQ is 100 shirts.' This means you need to buy at least 100 shirts in your order.

Why does MOQ exist? It's all about efficiency and cost. Producing small quantities of a product can be expensive and inefficient for manufacturers. Setting a MOQ helps them keep production streamlined and costs down, which ultimately benefits both the manufacturer and the buyer.

So, MOQ is like the entry ticket to bulk purchasing, ensuring that orders are worth the effort for suppliers while giving buyers access to wholesale prices. Remember, negotiating MOQ is common, especially if you're building a relationship with the supplier.