How To Start A Clothing Business With Buying Wholesale
"Buy low, sell high" is one of the main tenets of business. The retail clothing industry is no different. The greatest strategy to get your goods for the lowest price possible when starting a clothes business is to buy wholesale. Here’s a brief guide on how to start a clothing business by buying wholesale.
Choose a Garment Niche
Who are you trying to reach? What kinds of clothing do you intend to sell? Do you want to focus on the women's apparel industry, the tween market, or children's clothing? Look around your neighborhood to determine which market is best, if you don't have a preference. Then, aim to fill that niche. For instance, if there are a lot of young adults in your area, perhaps reselling hip and trendy vintage clothing is the way to go. LA Vintage has tons of vintage gems sold by the bale, at highly competitive prices!
Or perhaps there aren't any upscale or formal clothing stores for teenage girls or women in your area. You can determine the type of business you should start by researching your market, or lack thereof. Selling online is another great option, as you won't be limited to the demographics of your region.
Search for Wholesalers Online
It's time to start working with wholesale suppliers after your business plan and legal framework are in place. As relationships are crucial in the retail industry, you should spend time and money selecting the top wholesalers and developing strong working relationships with them.
Locating a distributor of apparel can be done in a few different ways. Finding websites for businesses that represent several clothing labels is one possibility. The second is to go to the website of a clothing company whose products you want to sell. Links to wholesale information can often be found at the top or bottom of these websites, but you shouldn't count on finding a lot of detailed information on requirements, order minimums, pricing, or terms. Instead, get in touch with the brand or wholesaler through their website to work out the details.
Contact the Wholesalers
Although you might be told to call or email a representative instead, you can typically apply for a wholesale account straight on the website.
Although the application procedure may be simple, premium brand wholesalers may make it more challenging for you to become a reseller, at least while your company is still new.
You will be required to present documentation proving your business's legitimacy. This often consists of a copy of your business license, your resale permit, and, in certain situations, invoices from existing wholesale accounts. Make sure to inquire about price guidelines and credit terms while speaking with the wholesaler or brand representative about their policies.
Establish Supplier Relations
Building trusting connections with wholesale suppliers is crucial for the success of your company. Working successfully with a wholesale representative will probably allow you to take advantage of preferred prices, access to in-demand merchandise, and flexible payment options. Respect your representative's time, pay your bills on time, and speak with them on any issues you may have before a minor issue turns into a major one.
Based in Los Angeles, LA Vintage Wholesale sorts millions of pounds of clothing and shoes a year to provide quality, one of a kind pieces in bulk quantities, such as a 100lb bale of collector’s sweatshirts. Choose us for all your vintage clothing wholesale needs today!