How To Make High Profit In Wholesale Business

Jan. 16, 2010 - PRLog -- Recently some readers expressed their strong desire to get some information about wholesale of clothing. Because garments made in China are cheap and the quality is medium. They want to purchase a lot of cheap clothing from China and then sell in their own countries at a medium price. In this way, they can make a remarkable profit. But they don’t know how to find good suppliers and how to pick the suitable styles. So they asked me for advices. And I told them before they make their purchase they should think clearly the following questions and then make a decision.

1.   Who are your main customers? This is very important. One should know clearly what kind of customers he want to attract, women or men, children, adolescent, youth, middle-aged or the old people, career women or housewives. People usually believe that clothing for women and children sells faster, but we should know the competition is also fiercer. So think carefully and do not make your decision in rush.  

2.   Which style of clothing you want to sell? There are a lot of styles in the market and which one is your choice. If your main customers are women, then you should decide which style you want, casual, sport or formal. You can have a survey about how much girls pay for their clothing and which style are their favorite. Don’t forget to see how much competitors you may have. After all these, you can make your decision

What I mentioned above is the preparation for clothing business. In next page, I will continue about cautions at the stage of wholesale.  



High profit wholesale business (2)
---only buy a few at the first time
The article I written yesterday got good response from the readers and I was very happy. One reader named Lisa told me she wanted to sell female clothing at EBay, but she didn’t know how to find a good supplier. She really hoped that my next article could help her. Yes, this is just what I am going to do.
Surf internet and find a suitable supplier. The internet is full of information and what you need to do is to find it out. China is the factory of the world and you can get almost everything in Chinese market. There is a famous website for foreigners, http://www.alibaba.com/ , in which a lot of Chinese factories post the information of their products. And the web has a search engine which helps find wanted information.
Contact the factory. After you find wanted information, you can contact the customer service online or by email. After seeing several factories, you can make your order.
Only buy a few for the first time. Buying online you can not see the goods with your own eyes, and you don’t know if it is really good. So please don’t buy too much. Even you can return the goods; you waste your time and money.
Buy from several factories at the same time. After comparison of prices and shipping fees, you can buy a few from each factory. For instance, you buy a t-shirt and a dress from http://www.wholesale-dress.net/ for 25 dollar and DHL shipping fee is 13.99 dollar. The second shop is http://www.yesstyle.com/en/home.html , you pay $45 for a t-shirt and a dress and $9.99 for shipping fee. After the goods arrived, you can compare the quality. You may find the quality is almost the same, but the second shop is more expensive. So you know you can make more profit if you wholesale from the first shop.



High profit wholesale business (3)
---Get a cheaper price
To businessman, profit is the most important. And the main way to achieve profit for a clothing dealer is to buy clothing at a very cheap price from the supplier and sell to customers at a higher price. The cheaper price he can get means the more profit he can get. Now I would like to say something about how to get a cheaper price from the supplier.

Find drop shipper as your supplier. Middlemen are the killers of profit by increase the cost of an item. It’s essential to find a wholesaler or drop shipper who offers you the greatest possible price for your items if you want to bypass middleman trickery.

The second way is bulk purchase. In China the rule is the more you buy the cheaper price you can get. That is why team buy is so popular in China. As I mention in last article, for the first time you should buy a few to make sure the quality, but for the second time, you can buy a lot in order to get a cheaper price. For example: the wholesale-dress has a 10% discount for all order above 1000 dollars, if you buy even more, contact their customer service, I think you can get a cheaper price. If you still think the price is high, you can join in team buy.

Do not forget to discuss on the return policy. The return policy is very important, what about if something is wrong with the clothing or if the clothing doesn’t sell well in your country.

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Hangzhou Wholesale Trading City Co., Ltd, an online supplier (http://www.wholesale-dress.net), and main products are women's clothing in Japan and South Korea style, jewelry, accessories, and men’s clothing.