Unlike shopping for pair of dresses, buying clothing wholesale online is a lot more complex with a string of factors to consider; and the bigger the purchase, higher the risk and stress involved. No wonder thousands of retailers still bulk up from the local custom clothing manufacturing companies.
While sure, wholesaling locally gives you the liberty to be more careful, avoid the shipping charges and thwart most of the risks, it also limits you (and your collection) in a number of ways—especially if you sell online.
Your local manufacturer might not be toe-to-toe with the latest fashion trends; its catalog might not mirror that of top manufacturing companies’. Also, you might not be able to bank on the dropshipping services. All these can transcend into less-than optimum sales, revenue and profit.
Are you a clothing business owner?
Make a non-regular decision today. Stride to buy your wholesale online for the first time. Here’s how to keep things perfect and not to screw up.
Take your time and pick the manufacturer carefully
There are a lot of fishes in the sea so take your time and pick the right one. Do your research properly. Check websites, forums and online reviews. Know for sure if the manufacturer or supplier is trustworthy and reliable; number of businesses it serves, the kind of collection is has and of course its distribution networks.
Know what’s trending on the fashion and fitness scene
The collection of top custom clothing manufacturing companies is often large and wide. Not knowing what exactly to buy will leave you with the wrong wholesale and financial crunch. So do your research in knowing what’s trending on the fashion and fitness clothing scene; the apparels that customers are rallying behind. And purchase what’s in high demand.
Don’t hesitate in wholesaling something new
This one is a less popular but a very common problem. Wholesaling new range of apparels can be an uncertain decision, uncomfortable to many. However, if it’s necessary, you must be ready to go out of your comfort zone, take calculative risks and purchase varieties that you never had in you warehouse before.
Dropship your way to less stress and high return
This is if you run your clothing business online— dropship your wholesale. Contact top fitness and fashion dropshippers and let them handle your inventory professionally in their own facilities. They would also deliver orders to your customers on your behalf. This business model is gaining significant popularity in the clothing industry lately. It’s much easier, convenient and cost-effective for the retailers.
Don’t go out of your budget
When open to large and incredible collection, it is difficult not to go beyond the budget cap; this often leads you buy unnecessary varieties. So be careful here; don’t overspend. Have a strict limit to what you want to purchase and how much you want to spend.
These are 5 simple and solid tips for the first-time online clothing wholesale buyers. Sure, at areas, there are some risks involved. However, if you do things correctly and thoughtfully, it’s a great choice that comes with many opportunities, whether to serve the customers more sufficiently, to make more revenue or to edge the competitors.