How to start a online clothing store
Find out everything about the industry
Talk to experts or experienced professionals in the space. If you want to sell clothes online, understand the market first. You should know all about it and only if you find it profitable, should you enter it. Take into account the present financial condition of the market, the returns existing sellers are getting on their investments, turnover, gross and net profit ratio etc. Form a projected balance sheet and profit and loss account.
How does the apparel market work?
The clothes market is volatile. Every six months, the existing trend changes. If you don’t have experience of the apparel market, talk to people who have. You can also work for a year in a leading store to get all the market information, viz. suppliers, retailers, profit margin, investment, procurement, taste of customers etc.
Do a survey
Hire a firm to perform a survey for you. Post the survey on the net, radio channels, newspapers and magazines. Add questions related to customers’ preferences, price consideration, availability of clothes, style, their needs etc.
Finance
Take care of the finance. Money is the blood of business. Keep some part of the money intact and do not spend it. Keep it for emergencies and unavoidable expenditures. If you have money, your business will live. Think twice before spending. Try to get maximum return out of the expenditure.
Build Online Clothing store
Create a beautiful online storefront with Webnexs wcomm website builder & amazing themes. Webnexs eCommerce Solution is easy to manage orders and has integrated shipping. It lets store owner transact on leading online marketplaces. Webnexs lets its users sell to Indian customer as well as world’s (supports International Payment Acceptance).
Services
In this cut- throat competition, it is the services that will give you the edge over others. Treat customers politely and try to give them smooth services. The procurement and shipping should be timely. Use durable packaging material only. Give the customers the best price possible without charging any hidden costs.
Post Your Ad Here
Comments