Why Every Retailer Counts on thokmandee’s Food and Drinks Selection
Do you know that food and drinks are the lifeblood of the retail industry? According to Eurostat, in the European Union, households allocate a 13% portion of their total household expenditure budgets to food and non-alcoholic beverages.
This shows how important it is for retailers to have a steady and reliable supply of these products to keep customers coming back and to run a profitable business.
However, retailers often face challenges in sourcing bulk food and drinks, including issues related to quality, pricing, supplier reliability, and logistics.
That’s why thokmandee, an EU-based B2B marketplace, provides a solution designed to simplify and streamline wholesale sourcing from wholesale food suppliers for retailers across the EU.
Why Food & Drinks Are at the Core of Retail
Food and drinks are the heart of retail. Almost every shopper visits stores to buy something to eat or drink, which makes these products very important for retailers.
Retailers, from big supermarkets to small corner shops, depend on a steady supply of food and drinks to keep their customers happy. If shelves are empty or products are missing, customers may go somewhere else.
Having reliable food and drink products helps retailers build trust and loyalty with their customers. It also makes sure that the store can run smoothly every day by meeting the needs of the people who shop there.
The Challenges of Sourcing Wholesale Food & Drinks
Sourcing wholesale food and drinks in the EU presents several challenges for retailers, which impact their ability to maintain consistent stock and meet consumer demand. These challenges include:
1. Price Fluctuations Due to Global Factors
The EU food and drink industry has faced rising input costs and energy prices in recent years, which have increased the cost of products for retailers. Smaller businesses, in particular, are struggling. The share of small and medium-sized enterprises (SMEs) in the industry’s total value added decreased from 48.7% in 2008 to 40.3% in 2022, which reflects economic challenges such as rising costs and energy prices.
This makes it more challenging for retailers to maintain competitive prices and keep their profit margins high.
2. Supplier Reliability and Trust
Establishing and maintaining trust with food wholesalers is crucial for retailers. However, the complexity of the food supply chain, which involves multiple intermediaries, can lead to inconsistencies in product quality and delivery times. This lack of transparency can destroy trust and complicate wholesale food suppliers’ relationships.
3. Managing Bulk Orders While Ensuring Quality
Retailers often face challenges in managing bulk food orders, especially when dealing with perishable goods.
It is important to keep products fresh and in good condition from the supplier to the store so that customers are satisfied and less food is wasted.
4. Access to Bestseller and Niche Products
Retailers need to provide a diverse range of products to handle varying consumer preferences. However, sourcing both bestseller brands and niche products can be challenging due to supplier limitations and market dynamics.
5. Limited Transparency in Traditional Wholesaling
Traditional wholesaling practices often lack transparency, which makes it difficult for retailers to assess product origins, pricing structures, and supply chain practices.
This lack of transparency can limit informed decision-making and affect the overall efficiency of the sourcing process.
thokmandee Food and Drinks Section Built for Retailers
thokmandee is an EU-based B2B marketplace that connects retailers with wholesale food suppliers and drink wholesalers. This B2B marketplace is designed to make sourcing bulk food and wholesale drinks simple, fast, and reliable.
Retailers can browse a wide catalog of food and drinks, from everyday basics like bread and snacks to best-selling brands that customers love.
They can also compare prices across multiple suppliers in one place, which helps them find the best deals without wasting time.
Ordering online is easy and simple. Retailers can place bulk food and wholesale drink orders directly through the platform. It will remove the hassle of traditional offline procurement.
Key Features Retailers Value in Food & Drinks Section
thokmandee offers several features that make sourcing food and drinks easier and more efficient for retailers across the EU.
Wide Selection
Retailers can access a large variety of products, from everyday essentials to bestseller brands. This helps stores meet the needs of different customers and stay competitive.
Bulk Ordering Made Easy
They allows retailers to buy wholesale food and drinks in the right quantities. Whether it’s small or large orders, the platform makes bulk buying simple, saving time and effort.
Trusted Food Wholesalers
All suppliers are verified to ensure reliability. Retailers can trust that their orders will arrive on time and meet quality standards.
Support for Small and Medium Retailers
They also provides competitive prices and transparent sourcing. Small and medium retailers can compete with larger chains without worrying about hidden costs or unreliable suppliers.
These features make them a valuable partner for retailers. These help them save time, reduce costs, and keep their shelves stocked with the products customers want.
Why EU Retailers Should Trust thokmandee
It’s is an EU-based B2B marketplace designed to meet the needs of both small shops and supermarkets. Here’s why retailers across Europe choose online B2B marketplaces.
1. Designed for EU Retail Market Needs
thokmandee connects retailers with a wide range of wholesale food and drink suppliers across Europe.
The platform provides access to over 20,000 brands, which help retailers find products that suit their customers’ preferences.
2. Helps Both Supermarkets and Small Shops Compete with Big Chains
They provides access to a diverse product catalog and competitive pricing. This enables retailers of all sizes to have a variety of products, from everyday essentials to trending items, which allow them to compete effectively with larger retail chains.
3. Creates Smoother Supply Chain Flow with Bulk Food and Drinks
They simplifies the ordering process by allowing retailers to place bulk orders directly through the platform.
This streamlines the supply chain for bulk food and wholesale drinks, reduces the complexity of procurement, and makes sure the timely delivery of products.
4. Encourages Variety as Local and Bestseller Brands Available in One Place
Retailers can explore a wide selection of products, including local favorites and popular bestseller brands. This variety helps retailers cater to diverse customer tastes and stay competitive in the market.
The Future of Food & Drink Retail in the EU
The food and drink retail industry in the EU is evolving rapidly. Trends like online wholesale marketplaces, sustainable packaging, and growing demand for healthier products are shaping how retailers operate.
Marketplaces like thokmandee will continue to support retailers by providing easy access to a wide range of products, competitive pricing, and reliable food and drink wholesalers.
They believes sourcing food and drinks doesn’t have to be complicated. This is the reason they bring together trusted food and drink wholesalers and retailers across the EU to make it easier for retailers to keep shelves stocked and customers satisfied.
With reliable suppliers, competitive prices, and a wide selection of products, these marketplaces helps retailers focus on growing their business while making sure their customers always find what they need.