Small Retailers Get a Chance to Compete Shopforbags.com levels the playing field for smaller

PRLog (Press Release) – May 05, 2008 – SHOPFORBAGS.COM
PO Box 59645
Dallas, TX  75229
214-637-5300

PRESS RELEASE


FOR IMMEDIATE RELEASE:                                                                          For More Information:
April 17, 2008                                                                                                    Katy Messersmith
                                                                                                           

Small Retailers Get a Chance to Compete
Shopforbags.com levels the playing field for smaller businesses


Competition in the marketplace is growing in intensity as consumers are spending less in response to signs of an economic downturn. As consumer belt-tightening increases, prices for non-essentials will begin to drop.  Historically, this has generally meant that smaller businesses are unable to compete, as they don’t deal in the kind of volume that is necessary to buy, and therefore sell, at competitive prices.

Shopforbags.com offers these businesses a fighting chance by giving smaller businesses the opportunity to buy top-quality fashion merchandise at a significant savings.  While most wholesale distributors require large minimum purchases, Shopforbags.com’s minimum of $100.00 makes it possible for even fledgling businesses to compete.  “While we have relationships with retailers and vendors of all sizes, we recognize that smaller companies have specific needs,” explains Katy Messersmith, President of Shopforbags.com.  “It’s unreasonable to expect a startup seller to buy large quantities of the same item just to secure a reasonable discount.”  

The site offers retailers several key benefits.  The ability to “mix and match” items to make up the minimum makes it easy for low-traffic retailers to buy what they need without having to order quantities that they can’t move.   Additionally, all items on the site are available immediately, and ship within 48 hours, giving retailers the flexibility of ordering only as much as they need with the ability to replenish stocks quickly if sales exceed expectations.

The fashion industry is among the first to feel the effects of a weakening economy.  Smaller budgets leave less room for “frivolous” spending, spurring retailers to reduce prices and offer better deals.  Large retailers who can buy their merchandise at lower costs are able to reduce prices without significantly affecting profits.  Smaller vendors, on the other hand, typically deal in much smaller profit margins, leaving less room for price cuts, which limits their ability to meet the prices of their larger competitors.  

Until the economy regains strength, all businesses, and small businesses in particular, will be fighting to maintain their competitive edge.  Shopforbags.com makes this possible for fashion retailers by offering an extensive variety of over 1,000 premium quality fashion items, such as handbags, clothing, belts, and women’s accessories at low costs and accessible minimums.

Shopforbags.com was launched in 1999 to meet the growing need for a fashion wholesaler that could stay in step with the latest trends and fashions at reasonable prices.  While a low minimum order of $100.00 is required to make a purchase, buyers can mix and match goods to meet the minimum.