For some time we have seen a great opportunity within the wholesale buying marketplace. 

There are many wholesalers in the developmental stage of their business who require the strength and support of a buying and marketing group. They need the group to ensure full participation in the best available promotional structures without deducting any over-riders and provide central support structures and commercial development for their business.

We felt there was an opportunity to introduce into the UK marketplace a strategic initiative that provides 100% of all over-rider earnings paid out to its members; one membership fee with no additional costs or hidden deductions, allowing them to compete head to head in what is a competitive marketplace. 

In addition, there is the payment of all monies available for their business every two weeks because cash is important these days and the whole initiative is underpinned administratively and commercially by the strength and experience of Sugro.

In mid November we launched into the marketplace the Acorn Buying & Marketing Group; a buying group run by wholesalers for the benefit of wholesalers.  We despatched correspondence into our category and we are currently processing forty member applications and will soon be moving into the second phase of recruitment. 

We believe this is an exciting opportunity for any wholesaler that wants to grow their business and to improve their overall turnover and profitability with the effective use of a strong over-rider and promotional platform backed up with the experience of Sugro.