MOQ stands for Minimum Order Quantity: the unit of measure is Quantity: Pieces or Meters (in case of fabrics). MOV, on the other hand, stands for Minimum Order Value: the unit of measure is a dollar amount
While some suppliers outrightly reject young brands on MOQs, we understand the reality is much more nuanced, and that's why we have MOV.
Our MOV is our break-even point. It is not an ideal order value for us, but definitely an order value that is close to our break-even point.
If you are exploring the idea of getting some inventory and you estimate the value of that inventory to be under $5k or even $10k, it is better to work with a local supplier or a wholesaler instead of a full package supplier in Asia.
Most well-known full package suppliers like Hula Global have specialised professionals running every critical aspect of sourcing and supply chain - but then working with a full package supplier comes at a cost, and adding to the cost is the complexity to manage international shipping (duties, courier, logistics, etc.)