Saving time and
money is probably among the top 10 wishes of mankind, and with wholesale buying;
you can do both with ease. If you are currently buying your designs and
accessories at retail prices to supply ahead, getting them at wholesale prices
can save you considerable amounts of money in the long run. However, there are
a couple of downsides when bulk buying, so let us tell you how to overcome
these barriers and save big on your wholesale transactions:
Don't Let Minimum Order Requirements Discourage You
In many wholesale arrangements, you are required to meet a
minimum order upfront. This usually makes your initial costs higher, but if you
look at it from a future oriented perspective, you will see it actually saves
you money by a large margin. For example, say you have to purchase a bulk of 25
ladies’ tunics for $2000 in wholesale, while your dealer requires you to buy at
least 50, which will make your cost plummet to $4000. A big no, right?
The Solution
Look at it this way – with retail tunics, you are making a
profit of $4 per tunic. You purchased 50 tunics at wholesale rates with a
profit of $10 per tunic, which means you are making $500 in profit. Not so bad
now, is it?
Finding a fashion wholesaler is a tough job. Many retailers
are quite protective of their wholesale sources so you may not be successful in
getting an honest answer from your retailer counterparts.
The Solution
Normally, most fashion apparel and accessories have stamps
that indicate their dealership and wholesalers. Call the manufacturers of the
product you are interested in to know the details about the wholesalers and
distributers.
When you find a wholesaler who meets your demands adequately,
be positive that your retail business has begun to climb the ladder of success!
The relationship between the retailer and the wholesaler is
a mutually dependent one, so make sure you make your transactions under a cordial
environment.
If you are looking for budget sensitive wholesale fashion
designs and apparels, Orange Shine is here to help you. They take pride in
being the one stop location for all things that come under the umbrella of
fashion and offer them at wholesale prices in bulk. For more information, visit
their website.